ROZALAIN: 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.
ROZALAIN
Largest movements
- Receivables within one year +€9,657
up €9,657 (+83.3%), from €11,598 to €21,256
of which Other amounts receivable: +€4,856
- Tangible fixed assets -€5,251
down €5,251 (-67.4%), from €7,792 to €2,540
of which Leasing and similar rights: -€2,973
- Financial fixed assets -€2,336
down €2,336 (-100%), from €2,336 to €0
- Stocks and contracts -€928
down €928 (-64.3%), from €1,443 to €515
- Cash -€695
down €695 (-6.3%), from €10,950 to €10,255
- Short-term financial debts +€5,700
up €5,700 (+31,010%), from €18 to €5,718
- Trade debts +€4,277
up €4,277 (+31.4%), from €13,629 to €17,907
- Other debts -€4,115
no longer reported in 2025 (was €4,115)
- Current portion of long-term debt -€2,973
down €2,973 (-100%), from €2,973 to €0
- Debts after one year -€1,239
no longer reported in 2025 (was €1,239)
- Gross operating margin -€12,916
down €12,916 (-65.5%), from €19,704 to €6,789
- Other operating charges -€4,014
down €4,014 (-76.4%), from €5,256 to €1,243
- Depreciation -€2,188
down €2,188 (-51.8%), from €4,226 to €2,038
- Financial charges -€502
down €502 (-23.8%), from €2,106 to €1,604
- Financial income +€210
up €210 (+246%), from €85 to €296
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,393 | €34,567 | +€174 | +0.5% |
| Fixed assets | 21/28 | €10,128 | €2,540 | -€7,587 | -74.9% |
| Tangible fixed assets | 22/27 | €7,792 | €2,540 | -€5,251 | -67.4% |
| Plant, machinery and equipment | 23 | €1,008 | - | -€1,008 | |
| Furniture and vehicles | 24 | €2,524 | €24 | -€2,499 | -99.0% |
| Leasing and similar rights | 25 | €4,260 | €1,287 | -€2,973 | -69.8% |
| Other tangible fixed assets | 26 | - | €1,229 | +€1,229 | |
| Financial fixed assets | 28 | €2,336 | €0 | -€2,336 | -100% |
| Current assets | 29/58 | €24,265 | €32,026 | +€7,761 | +32.0% |
| Stocks and contracts in progress | 3 | €1,443 | €515 | -€928 | -64.3% |
| Stocks | 30/36 | €1,443 | €515 | -€928 | -64.3% |
| Amounts receivable within one year | 40/41 | €11,598 | €21,256 | +€9,657 | +83.3% |
| Trade receivables | 40 | €11,218 | €16,020 | +€4,801 | +42.8% |
| Other amounts receivable | 41 | €380 | €5,236 | +€4,856 | +1,278% |
| Cash at bank and in hand | 54/58 | €10,950 | €10,255 | -€695 | -6.3% |
| Deferred charges and accrued income | 490/1 | €274 | - | -€274 | |
| Total equity and liabilities | 10/49 | €34,393 | €34,567 | +€174 | +0.5% |
| Equity | 10/15 | €11,183 | €10,281 | -€902 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,712 | €5,712 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,712 | €5,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,129 | -€14,030 | -€902 | -6.9% |
| Amounts payable | 17/49 | €23,210 | €24,286 | +€1,075 | +4.6% |
| Amounts payable after more than one year | 17 | €1,239 | - | -€1,239 | |
| Financial debts | 170/4 | €1,239 | - | -€1,239 | |
| Amounts payable within one year | 42/48 | €21,971 | €24,286 | +€2,314 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €2,973 | €0 | -€2,973 | -100% |
| Financial debts | 43 | €18 | €5,718 | +€5,700 | +31,010% |
| Credit institutions | 430/8 | €18 | €5,718 | +€5,700 | +31,010% |
| Trade debts | 44 | €13,629 | €17,907 | +€4,277 | +31.4% |
| Suppliers | 440/4 | €13,629 | €17,907 | +€4,277 | +31.4% |
| Taxes, remuneration and social security | 45 | €1,235 | €661 | -€574 | -46.5% |
| Taxes | 450/3 | €1,235 | €661 | -€574 | -46.5% |
| Other amounts payable | 47/48 | €4,115 | - | -€4,115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,226 | €2,038 | -€2,188 | -51.8% |
| Other operating charges | 640/8 | €5,256 | €1,243 | -€4,014 | -76.4% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €19,704 | €6,789 | -€12,916 | -65.5% |
| Operating profit (loss) | 9901 | €10,222 | €3,508 | -€6,714 | -65.7% |
| Financial income | 75/76B | €85 | €296 | +€210 | +246% |
| Recurring financial income | 75 | €85 | €296 | +€210 | +246% |
| Financial charges | 65/66B | €2,106 | €1,604 | -€502 | -23.8% |
| Recurring financial charges | 65 | €2,106 | €1,604 | -€502 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €8,202 | €2,200 | -€6,002 | -73.2% |
| Income taxes | 67/77 | €109 | €116 | +€8 | +7.1% |
| Profit (loss) for the period | 9904 | €8,093 | €2,084 | -€6,009 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,093 | €2,084 | -€6,009 | -74.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.