ROZA: 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.
What changed
ROZA
NACE 68.110, Buying and selling of own real estate
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€448,132
2024 · €144,251+€303,881
Equity
€2.0m
2024 · €1.5m+€448,132
Cash
€186,906
2024 · €289,654-€102,748
Balance sheet total
€5.9m
2024 · €6.3m-€437,633
Largest movements
Assets
- Receivables within one year -€430,260
down €430,260 (-59.5%), from €722,738 to €292,478
of which Other amounts receivable: -€572,885
- Tangible fixed assets +€369,078
up €369,078 (+8.1%), from €4.6m to €4.9m
of which Land and buildings: +€367,829
- Financial fixed assets -€271,047
down €271,047 (-39.0%), from €695,037 to €423,990
of which Affiliated companies: -€272,487
- Cash -€102,748
down €102,748 (-35.5%), from €289,654 to €186,906
mainly Other debts (-€759,039) and Debts after one year (-€571,706)
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+990.8%), from €140,207 to €1.5m
of which Distributable reserves: +€1.4m
- Profit (loss) carried forward -€941,087
down €941,087 (-100.0%), from €941,087 to €0
- Other debts -€759,039
down €759,039 (-40.1%), from €1.9m to €1.1m
- Debts after one year -€571,706
down €571,706 (-26.1%), from €2.2m to €1.6m
- Trade debts +€415,561
up €415,561 (+720.0%), from €57,715 to €473,276
Income statement
- Financial income +€221,570
up €221,570 (+1260.1%), from €17,584 to €239,154
- Other operating income +€127,640
up €127,640 (+31.9%), from €399,856 to €527,496
- Goods and materials +€68,804
up €68,804 (+239.1%), from €28,772 to €97,575
of which Purchases: +€68,804
- Turnover +€49,015
up €49,015 (+8.1%), from €601,726 to €650,741
- Services and other goods +€37,629
up €37,629 (+10.9%), from €343,898 to €381,527
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.
Result 2024
€144,251
Turnover
+€49,015
Other operating income
+€127,640
Goods and materials
-€68,804
Services and other goods
-€37,629
Staff costs
+€2,401
Depreciation
+€6,414
Other operating charges
-€5,543
Other operating items
+€2,853
Financial income
+€221,570
Financial charges
+€29,604
Taxes
-€23,641
Result 2025
€448,132
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.
From operations
+€747,827
Investment
-€290,683
Financing
-€559,892
Cash 2024
€289,654
From operations (derived)
+€747,827
Net result for the year
+€448,132
Depreciation
+€193,905
Receivables within one year
+€430,260
Smaller working-capital items
+€263
Trade debts
+€415,561
Tax, wage and social debts
+€18,746
Other debts
-€759,039
Investment (derived)
-€290,683
Investment in fixed assets (net)
-€290,683
Financing
-€559,892
Debts after one year
-€571,706
Current portion of long-term debt
+€11,766
Short-term financial debts
+€48
Cash 2025
€186,906
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,323,488 | €5,885,856 | -€437,633 | -6.9% |
| Fixed assets | 21/28 | €5,275,132 | €5,371,910 | +€96,779 | +1.8% |
| Intangible fixed assets | 21 | €2,504 | €1,252 | -€1,252 | -50.0% |
| Tangible fixed assets | 22/27 | €4,577,591 | €4,946,668 | +€369,078 | +8.1% |
| Land and buildings | 22 | €4,566,921 | €4,934,749 | +€367,829 | +8.1% |
| Plant, machinery and equipment | 23 | €504 | €2,673 | +€2,169 | +430.8% |
| Furniture and vehicles | 24 | - | €1,145 | +€1,145 | |
| Other tangible fixed assets | 26 | €10,166 | €8,101 | -€2,066 | -20.3% |
| Financial fixed assets | 28 | €695,037 | €423,990 | -€271,047 | -39.0% |
| Affiliated companies | 280/1 | €695,037 | €422,550 | -€272,487 | -39.2% |
| Participating interests | 280 | €695,037 | €422,550 | -€272,487 | -39.2% |
| Other financial fixed assets | 284/8 | - | €1,440 | +€1,440 | |
| Amounts receivable and cash guarantees | 285/8 | - | €1,440 | +€1,440 | |
| Current assets | 29/58 | €1,048,357 | €513,945 | -€534,411 | -51.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €722,738 | €292,478 | -€430,260 | -59.5% |
| Trade receivables | 40 | €9,813 | €152,439 | +€142,625 | +1453.4% |
| Other amounts receivable | 41 | €712,925 | €140,040 | -€572,885 | -80.4% |
| Cash at bank and in hand | 54/58 | €289,654 | €186,906 | -€102,748 | -35.5% |
| Deferred charges and accrued income | 490/1 | €35,964 | €34,561 | -€1,403 | -3.9% |
| Total equity and liabilities | 10/49 | €6,323,488 | €5,885,856 | -€437,633 | -6.9% |
| Equity | 10/15 | €1,516,564 | €1,964,695 | +€448,132 | +29.5% |
| Contributions | 10/11 | €435,269 | €435,269 | = | 0.0% |
| Reserves | 13 | €140,207 | €1,529,426 | +€1.4m | +990.8% |
| Tax-exempt reserves | 132 | €132,610 | €133,847 | +€1,237 | +0.9% |
| Distributable reserves | 133 | €7,598 | €1,395,579 | +€1.4m | +18268.3% |
| Profit (loss) carried forward | 14 | €941,087 | €0 | -€941,087 | -100.0% |
| Provisions and deferred taxes | 16 | €44,203 | €42,434 | -€1,769 | -4.0% |
| Deferred taxes | 168 | €44,203 | €42,434 | -€1,769 | -4.0% |
| Amounts payable | 17/49 | €4,762,721 | €3,878,726 | -€883,995 | -18.6% |
| Amounts payable after more than one year | 17 | €2,190,917 | €1,619,211 | -€571,706 | -26.1% |
| Financial debts | 170/4 | €2,190,917 | €1,619,211 | -€571,706 | -26.1% |
| Credit institutions | 173 | €2,190,917 | €1,619,211 | -€571,706 | -26.1% |
| Amounts payable within one year | 42/48 | €2,568,408 | €2,255,490 | -€312,918 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €575,642 | €587,409 | +€11,766 | +2.0% |
| Financial debts | 43 | €37,655 | €37,703 | +€48 | +0.1% |
| Credit institutions | 430/8 | €37,655 | €37,703 | +€48 | +0.1% |
| Trade debts | 44 | €57,715 | €473,276 | +€415,561 | +720.0% |
| Suppliers | 440/4 | €57,715 | €473,276 | +€415,561 | +720.0% |
| Taxes, remuneration and social security | 45 | €3,460 | €22,206 | +€18,746 | +541.8% |
| Taxes | 450/3 | €3,460 | €22,206 | +€18,746 | +541.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,893,936 | €1,134,897 | -€759,039 | -40.1% |
| Accrued charges and deferred income | 492/3 | €3,397 | €4,025 | +€629 | +18.5% |
| Operating income | 70/76A | €1,001,582 | €1,181,090 | +€179,508 | +17.9% |
| Turnover | 70 | €601,726 | €650,741 | +€49,015 | +8.1% |
| Other operating income | 74 | €399,856 | €527,496 | +€127,640 | +31.9% |
| Non-recurring operating income | 76A | - | €2,853 | +€2,853 | |
| Operating charges | 60/66A | €631,540 | €734,700 | +€103,160 | +16.3% |
| Goods for resale, raw materials and consumables | 60 | €28,772 | €97,575 | +€68,804 | +239.1% |
| Purchases | 600/8 | €28,772 | €97,575 | +€68,804 | +239.1% |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €343,898 | €381,527 | +€37,629 | +10.9% |
| Remuneration, social security and pensions | 62 | €2,401 | €0 | -€2,401 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,319 | €193,905 | -€6,414 | -3.2% |
| Other operating charges | 640/8 | €56,150 | €61,694 | +€5,543 | +9.9% |
| Operating profit (loss) | 9901 | €370,042 | €446,390 | +€76,348 | +20.6% |
| Financial income | 75/76B | €17,584 | €239,154 | +€221,570 | +1260.1% |
| Recurring financial income | 75 | €17,584 | €239,154 | +€221,570 | +1260.1% |
| Income from financial fixed assets | 750 | €401 | €29 | -€372 | -92.9% |
| Other financial income | 752/9 | €17,183 | €239,126 | +€221,943 | +1291.6% |
| Financial charges | 65/66B | €163,592 | €133,989 | -€29,604 | -18.1% |
| Recurring financial charges | 65 | €163,592 | €133,989 | -€29,604 | -18.1% |
| Debt charges | 650 | €94,908 | €81,096 | -€13,811 | -14.6% |
| Other financial charges | 652/9 | €68,685 | €52,892 | -€15,792 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €224,034 | €551,556 | +€327,522 | +146.2% |
| Transfer from deferred taxes | 780 | €1,769 | €1,769 | +€0 | 0.0% |
| Income taxes | 67/77 | €81,552 | €105,193 | +€23,641 | +29.0% |
| Taxes | 670/3 | €81,620 | €105,193 | +€23,573 | +28.9% |
| Tax adjustments and reversals of tax provisions | 77 | €68 | €0 | -€68 | -100.0% |
| Profit (loss) for the period | 9904 | €144,251 | €448,132 | +€303,881 | +210.7% |
| Transfer from tax-exempt reserves | 789 | €5,307 | €5,307 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €6,544 | +€6,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,558 | €446,895 | +€297,337 | +198.8% |
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 10 October 2026 via checked.be.