ROUGE BORDEAUX: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ROUGE BORDEAUX
Largest movements
- Receivables within one year +€30,248
new in 2025: €30,248
- Tangible fixed assets -€16,540
down €16,540 (-25.6%), from €64,691 to €48,151
of which Furniture and vehicles: -€13,597
- Intangible fixed assets -€6,500
down €6,500 (-11.4%), from €56,884 to €50,384
- Tax, wage and social debts +€22,529
up €22,529 (+79.7%), from €28,274 to €50,803
of which Remuneration and social security: +€20,805
- Debts after one year -€9,170
down €9,170 (-20.1%), from €45,554 to €36,384
- Trade debts -€8,875
down €8,875 (-62.6%), from €14,171 to €5,296
- Other debts +€4,409
up €4,409 (+29.4%), from €15,000 to €19,409
- Short-term financial debts -€2,378
down €2,378 (-14.5%), from €16,417 to €14,039
- Staff costs +€11,018
up €11,018 (+13.3%), from €82,746 to €93,764
- Financial charges +€3,395
up €3,395 (+124%), from €2,743 to €6,137
- Taxes -€3,320
no longer reported in 2025 (was €3,320)
- Other operating charges +€1,614
up €1,614 (+6,510%), from €25 to €1,639
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,698 | €139,224 | +€6,526 | +4.9% |
| Fixed assets | 21/28 | €121,575 | €98,535 | -€23,040 | -19.0% |
| Intangible fixed assets | 21 | €56,884 | €50,384 | -€6,500 | -11.4% |
| Tangible fixed assets | 22/27 | €64,691 | €48,151 | -€16,540 | -25.6% |
| Plant, machinery and equipment | 23 | €3,904 | €2,561 | -€1,343 | -34.4% |
| Furniture and vehicles | 24 | €45,189 | €31,592 | -€13,597 | -30.1% |
| Other tangible fixed assets | 26 | €15,598 | €13,998 | -€1,600 | -10.3% |
| Current assets | 29/58 | €11,123 | €40,689 | +€29,566 | +266% |
| Amounts receivable within one year | 40/41 | - | €30,248 | +€30,248 | |
| Trade receivables | 40 | - | €30,248 | +€30,248 | |
| Cash at bank and in hand | 54/58 | €10,999 | €10,441 | -€558 | -5.1% |
| Deferred charges and accrued income | 490/1 | €124 | - | -€124 | |
| Total equity and liabilities | 10/49 | €132,698 | €139,224 | +€6,526 | +4.9% |
| Equity | 10/15 | €13,280 | €13,291 | +€11 | +0.1% |
| Profit (loss) carried forward | 14 | €13,280 | €13,291 | +€11 | +0.1% |
| Amounts payable | 17/49 | €119,417 | €125,933 | +€6,515 | +5.5% |
| Amounts payable after more than one year | 17 | €45,554 | €36,384 | -€9,170 | -20.1% |
| Financial debts | 170/4 | €45,554 | €36,384 | -€9,170 | -20.1% |
| Amounts payable within one year | 42/48 | €73,863 | €89,548 | +€15,685 | +21.2% |
| Financial debts | 43 | €16,417 | €14,039 | -€2,378 | -14.5% |
| Credit institutions | 430/8 | €16,417 | €14,039 | -€2,378 | -14.5% |
| Trade debts | 44 | €14,171 | €5,296 | -€8,875 | -62.6% |
| Suppliers | 440/4 | €14,171 | €5,296 | -€8,875 | -62.6% |
| Taxes, remuneration and social security | 45 | €28,274 | €50,803 | +€22,529 | +79.7% |
| Taxes | 450/3 | €20,117 | €21,841 | +€1,724 | +8.6% |
| Remuneration and social security | 454/9 | €8,157 | €28,962 | +€20,805 | +255% |
| Other amounts payable | 47/48 | €15,000 | €19,409 | +€4,409 | +29.4% |
| Remuneration, social security and pensions | 62 | €82,746 | €93,764 | +€11,018 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,149 | €11,031 | +€882 | +8.7% |
| Other operating charges | 640/8 | €25 | €1,639 | +€1,614 | +6,510% |
| Gross operating margin | 9900 | €112,262 | €112,571 | +€309 | +0.3% |
| Operating profit (loss) | 9901 | €19,342 | €6,137 | -€13,205 | -68.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,743 | €6,137 | +€3,395 | +124% |
| Recurring financial charges | 65 | €2,743 | €6,137 | +€3,395 | +124% |
| Profit (loss) for the period before taxes | 9903 | €16,601 | -€0 | -€16,601 | |
| Income taxes | 67/77 | €3,320 | - | -€3,320 | |
| Profit (loss) for the period | 9904 | €13,280 | -€0 | -€13,281 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,280 | -€0 | -€13,281 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.