ROUGE BOURGEOIS: 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 BOURGEOIS
Largest movements
- Cash +€8,362
up €8,362 (+309%), from €2,704 to €11,066
mainly Other debts (+€16,546) and Trade debts (+€8,059)
- Tangible fixed assets +€3,265
new in 2025: €3,265
- Receivables within one year +€1,091
up €1,091 (+28.5%), from €3,825 to €4,916
of which Other amounts receivable: +€1,047
- Deferred charges and accrued income +€703
up €703 (+692%), from €102 to €805
- Other debts +€16,546
up €16,546 (+13.3%), from €124,684 to €141,230
- Profit (loss) carried forward -€11,184
down €11,184 (-8.2%), from -€136,684 to -€147,868
- Trade debts +€8,059
up €8,059 (+25,659%), from €31 to €8,091
- Gross operating margin -€8,367
down €8,367 (-388%), from -€2,157 to -€10,524
- Financial income -€190
down €190 (-99.8%), from €191 to €0
- Staff costs +€182
new in 2025: €182
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 | €6,631 | €20,053 | +€13,422 | +202% |
| Fixed assets | 21/28 | - | €3,265 | +€3,265 | |
| Tangible fixed assets | 22/27 | - | €3,265 | +€3,265 | |
| Plant, machinery and equipment | 23 | - | €3,265 | +€3,265 | |
| Current assets | 29/58 | €6,631 | €16,787 | +€10,156 | +153% |
| Amounts receivable within one year | 40/41 | €3,825 | €4,916 | +€1,091 | +28.5% |
| Trade receivables | 40 | €412 | €456 | +€44 | +10.8% |
| Other amounts receivable | 41 | €3,414 | €4,460 | +€1,047 | +30.7% |
| Cash at bank and in hand | 54/58 | €2,704 | €11,066 | +€8,362 | +309% |
| Deferred charges and accrued income | 490/1 | €102 | €805 | +€703 | +692% |
| Total equity and liabilities | 10/49 | €6,631 | €20,053 | +€13,422 | +202% |
| Equity | 10/15 | -€118,084 | -€129,268 | -€11,184 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,684 | -€147,868 | -€11,184 | -8.2% |
| Amounts payable | 17/49 | €124,715 | €149,320 | +€24,605 | +19.7% |
| Amounts payable within one year | 42/48 | €124,715 | €149,320 | +€24,605 | +19.7% |
| Trade debts | 44 | €31 | €8,091 | +€8,059 | +25,659% |
| Suppliers | 440/4 | €31 | €8,091 | +€8,059 | +25,659% |
| Other amounts payable | 47/48 | €124,684 | €141,230 | +€16,546 | +13.3% |
| Remuneration, social security and pensions | 62 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €41 | +€41 | |
| Other operating charges | 640/8 | - | €30 | +€30 | |
| Gross operating margin | 9900 | -€2,157 | -€10,524 | -€8,367 | -388% |
| Operating profit (loss) | 9901 | -€2,157 | -€10,778 | -€8,621 | -400% |
| Financial income | 75/76B | €191 | €0 | -€190 | -99.8% |
| Recurring financial income | 75 | €191 | €0 | -€190 | -99.8% |
| Financial charges | 65/66B | €403 | €406 | +€3 | +0.8% |
| Recurring financial charges | 65 | €403 | €406 | +€3 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,370 | -€11,183 | -€8,814 | -372% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -33.3% |
| Profit (loss) for the period | 9904 | -€2,370 | -€11,184 | -€8,814 | -372% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,370 | -€11,184 | -€8,814 | -372% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.