ROUSSELLE: what changed
Two fiscal 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.
ROUSSELLE
Largest movements
- Tangible fixed assets -€27,836
down €27,836 (-10.7%), from €259,843 to €232,007
of which Plant, machinery and equipment: -€14,177
- Cash -€8,061
down €8,061 (-77.3%), from €10,425 to €2,364
mainly Net result for the year (-€18,558) and Debts after one year (-€14,517)
- Debts after one year -€14,517
down €14,517 (-8.4%), from €172,140 to €157,623
- Reserves -€9,738
down €9,738 (-18.8%), from €51,936 to €42,198
of which Tax-exempt reserves: -€9,738
- Profit (loss) carried forward -€8,820
down €8,820, from €7,431 to -€1,389
- Provisions -€3,246
down €3,246 (-30.8%), from €10,545 to €7,299
- Gross operating margin -€26,497
down €26,497 (-45.5%), from €58,294 to €31,797
- Staff costs -€9,701
down €9,701 (-41.9%), from €23,178 to €13,476
- Taxes -€1,212
down €1,212 (-99.2%), from €1,221 to €9
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.
Cash bridge derived
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 | €287,521 | €255,510 | -€32,011 | -11.1% |
| Fixed assets | 21/28 | €259,843 | €232,007 | -€27,836 | -10.7% |
| Tangible fixed assets | 22/27 | €259,843 | €232,007 | -€27,836 | -10.7% |
| Land and buildings | 22 | €209,730 | €198,123 | -€11,607 | -5.5% |
| Plant, machinery and equipment | 23 | €46,137 | €31,960 | -€14,177 | -30.7% |
| Furniture and vehicles | 24 | €3,977 | €1,925 | -€2,052 | -51.6% |
| Current assets | 29/58 | €27,677 | €23,503 | -€4,174 | -15.1% |
| Stocks and contracts in progress | 3 | €8,900 | €10,500 | +€1,600 | +18.0% |
| Stocks | 30/36 | €8,900 | €10,500 | +€1,600 | +18.0% |
| Amounts receivable within one year | 40/41 | €1,388 | €3,335 | +€1,948 | +140.3% |
| Trade receivables | 40 | €32 | €496 | +€464 | +1462.7% |
| Other amounts receivable | 41 | €1,356 | €2,839 | +€1,483 | +109.4% |
| Cash at bank and in hand | 54/58 | €10,425 | €2,364 | -€8,061 | -77.3% |
| Deferred charges and accrued income | 490/1 | €6,964 | €7,304 | +€339 | +4.9% |
| Total equity and liabilities | 10/49 | €287,521 | €255,510 | -€32,011 | -11.1% |
| Equity | 10/15 | €78,367 | €59,809 | -€18,558 | -23.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €51,936 | €42,198 | -€9,738 | -18.8% |
| Tax-exempt reserves | 132 | €31,635 | €21,897 | -€9,738 | -30.8% |
| Distributable reserves | 133 | €20,301 | €20,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,431 | -€1,389 | -€8,820 | |
| Provisions and deferred taxes | 16 | €10,545 | €7,299 | -€3,246 | -30.8% |
| Deferred taxes | 168 | €10,545 | €7,299 | -€3,246 | -30.8% |
| Amounts payable | 17/49 | €198,609 | €188,403 | -€10,206 | -5.1% |
| Amounts payable after more than one year | 17 | €172,140 | €157,623 | -€14,517 | -8.4% |
| Financial debts | 170/4 | €172,140 | €157,623 | -€14,517 | -8.4% |
| Amounts payable within one year | 42/48 | €26,469 | €30,691 | +€4,223 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €14,225 | €14,517 | +€292 | +2.1% |
| Trade debts | 44 | €4,009 | €4,589 | +€580 | +14.5% |
| Suppliers | 440/4 | €4,009 | €4,589 | +€580 | +14.5% |
| Taxes, remuneration and social security | 45 | €8,199 | €9,015 | +€816 | +10.0% |
| Taxes | 450/3 | €5,853 | €6,084 | +€232 | +4.0% |
| Remuneration and social security | 454/9 | €2,346 | €2,931 | +€584 | +24.9% |
| Other amounts payable | 47/48 | €36 | €2,571 | +€2,535 | +7040.6% |
| Accrued charges and deferred income | 492/3 | €0 | €88 | +€88 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €23,178 | €13,476 | -€9,701 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,283 | €28,407 | +€123 | +0.4% |
| Other operating charges | 640/8 | €2,724 | €3,179 | +€454 | +16.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €58,294 | €31,797 | -€26,497 | -45.5% |
| Operating profit (loss) | 9901 | €4,109 | -€13,264 | -€17,374 | |
| Financial income | 75/76B | €123 | €109 | -€14 | -11.4% |
| Recurring financial income | 75 | €123 | €109 | -€14 | -11.4% |
| Financial charges | 65/66B | €9,056 | €8,640 | -€416 | -4.6% |
| Recurring financial charges | 65 | €9,056 | €8,640 | -€416 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,824 | -€21,795 | -€16,972 | -351.8% |
| Transfer from deferred taxes | 780 | €3,246 | €3,246 | -€0 | 0.0% |
| Income taxes | 67/77 | €1,221 | €9 | -€1,212 | -99.2% |
| Profit (loss) for the period | 9904 | -€2,799 | -€18,558 | -€15,760 | -563.1% |
| Transfer from tax-exempt reserves | 789 | €9,738 | €9,738 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,940 | -€8,820 | -€15,760 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.