Rozafa: 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.
Rozafa
Largest movements
- Tangible fixed assets +€434,536
up €434,536 (+3172.3%), from €13,698 to €448,234
of which Land and buildings: +€440,000
- Receivables within one year -€7,783
down €7,783 (-7.3%), from €105,913 to €98,129
of which Other amounts receivable: -€16,622
- Other debts +€460,445
up €460,445 (+4604.5%), from €10,000 to €470,445
- Trade debts -€46,353
down €46,353 (-41.5%), from €111,740 to €65,386
- Reserves +€20,000
up €20,000 (+15.7%), from €127,405 to €147,405
of which Distributable reserves: +€20,000
- Debts after one year -€11,922
no longer reported in 2024 (was €11,922)
- Tax, wage and social debts -€10,364
down €10,364 (-18.3%), from €56,645 to €46,281
of which Taxes: -€20,914
- Turnover +€138,450
new in 2024: €138,450
- Purchases and services +€49,838
new in 2024: €49,838
- Gross operating margin +€36,713
up €36,713 (+68.0%), from €53,980 to €90,693
- Depreciation +€17,600
up €17,600 (+322.1%), from €5,464 to €23,064
- Taxes +€6,349
up €6,349 (+96.7%), from €6,568 to €12,916
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,711 | €747,140 | +€423,429 | +130.8% |
| Fixed assets | 21/28 | €13,698 | €448,234 | +€434,536 | +3172.3% |
| Tangible fixed assets | 22/27 | €13,698 | €448,234 | +€434,536 | +3172.3% |
| Land and buildings | 22 | - | €440,000 | +€440,000 | |
| Furniture and vehicles | 24 | €13,698 | €8,234 | -€5,464 | -39.9% |
| Current assets | 29/58 | €310,014 | €298,907 | -€11,107 | -3.6% |
| Stocks and contracts in progress | 3 | €200,000 | €200,000 | = | 0.0% |
| Stocks | 30/36 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,913 | €98,129 | -€7,783 | -7.3% |
| Trade receivables | 40 | €88,067 | €96,905 | +€8,839 | +10.0% |
| Other amounts receivable | 41 | €17,846 | €1,224 | -€16,622 | -93.1% |
| Cash at bank and in hand | 54/58 | €4,101 | €777 | -€3,324 | -81.0% |
| Total equity and liabilities | 10/49 | €323,711 | €747,140 | +€423,429 | +130.8% |
| Equity | 10/15 | €133,405 | €160,120 | +€26,715 | +20.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €127,405 | €147,405 | +€20,000 | +15.7% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Legal reserve | 130 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €126,805 | €146,805 | +€20,000 | +15.8% |
| Profit (loss) carried forward | 14 | €0 | €6,715 | +€6,715 | +67151000.0% |
| Amounts payable | 17/49 | €190,307 | €587,020 | +€396,714 | +208.5% |
| Amounts payable after more than one year | 17 | €11,922 | - | -€11,922 | |
| Financial debts | 170/4 | €11,922 | - | -€11,922 | |
| Amounts payable within one year | 42/48 | €178,385 | €587,020 | +€408,635 | +229.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,908 | +€4,908 | |
| Trade debts | 44 | €111,740 | €65,386 | -€46,353 | -41.5% |
| Suppliers | 440/4 | €111,740 | €65,386 | -€46,353 | -41.5% |
| Taxes, remuneration and social security | 45 | €56,645 | €46,281 | -€10,364 | -18.3% |
| Taxes | 450/3 | €50,001 | €29,088 | -€20,914 | -41.8% |
| Remuneration and social security | 454/9 | €6,644 | €17,194 | +€10,550 | +158.8% |
| Other amounts payable | 47/48 | €10,000 | €470,445 | +€460,445 | +4604.5% |
| Turnover | 70 | - | €138,450 | +€138,450 | |
| Non-recurring operating income | 76A | - | €2,081 | +€2,081 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €49,838 | +€49,838 | |
| Remuneration, social security and pensions | 62 | €29,171 | €26,706 | -€2,465 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,464 | €23,064 | +€17,600 | +322.1% |
| Other operating charges | 640/8 | €857 | €1,117 | +€261 | +30.4% |
| Gross operating margin | 9900 | €53,980 | €90,693 | +€36,713 | +68.0% |
| Operating profit (loss) | 9901 | €18,488 | €39,805 | +€21,318 | +115.3% |
| Financial income | 75/76B | - | €180 | +€180 | |
| Recurring financial income | 75 | - | €180 | +€180 | |
| Financial charges | 65/66B | €593 | €354 | -€238 | -40.2% |
| Recurring financial charges | 65 | €593 | €354 | -€238 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €17,895 | €39,631 | +€21,736 | +121.5% |
| Income taxes | 67/77 | €6,568 | €12,916 | +€6,349 | +96.7% |
| Profit (loss) for the period | 9904 | €11,327 | €26,715 | +€15,388 | +135.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,327 | €26,715 | +€15,388 | +135.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.