ROZETTA: 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.
ROZETTA
Largest movements
- Cash +€59,060
up €59,060 (+39.4%), from €149,768 to €208,828
mainly Net result for the year (+€69,757) and Tax, wage and social debts (+€13,616)
- Receivables within one year +€21,572
up €21,572 (+24.3%), from €88,808 to €110,380
of which Trade receivables: +€17,790
- Reserves +€69,757
up €69,757 (+61.9%), from €112,753 to €182,510
of which Distributable reserves: +€69,757
- Tax, wage and social debts +€13,616
up €13,616 (+93.3%), from €14,594 to €28,209
of which Taxes: +€16,002
- Trade debts -€8,526
down €8,526 (-10.6%), from €80,527 to €72,001
- Provisions +€6,500
new in 2025: €6,500
- Gross operating margin +€65,454
up €65,454 (+76.8%), from €85,177 to €150,631
- Write-downs -€34,030
down €34,030, from €17,015 to -€17,015
- Staff costs -€17,500
down €17,500 (-21.1%), from €82,940 to €65,440
- Other operating charges +€16,444
up €16,444 (+999%), from €1,646 to €18,090
- Provisions +€6,500
new in 2025: €6,500
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 | €242,943 | €323,539 | +€80,596 | +33.2% |
| Fixed assets | 21/28 | €2,124 | €1,537 | -€587 | -27.6% |
| Tangible fixed assets | 22/27 | €1,374 | €787 | -€587 | -42.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,374 | €787 | -€587 | -42.7% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €240,819 | €322,002 | +€81,184 | +33.7% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,808 | €110,380 | +€21,572 | +24.3% |
| Trade receivables | 40 | €58,971 | €76,760 | +€17,790 | +30.2% |
| Other amounts receivable | 41 | €29,837 | €33,620 | +€3,783 | +12.7% |
| Cash at bank and in hand | 54/58 | €149,768 | €208,828 | +€59,060 | +39.4% |
| Deferred charges and accrued income | 490/1 | €1,742 | €2,294 | +€551 | +31.7% |
| Total equity and liabilities | 10/49 | €242,943 | €323,539 | +€80,596 | +33.2% |
| Equity | 10/15 | €131,353 | €201,110 | +€69,757 | +53.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,753 | €182,510 | +€69,757 | +61.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €110,893 | €180,650 | +€69,757 | +62.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €6,500 | +€6,500 | |
| Provisions for liabilities and charges | 160/5 | - | €6,500 | +€6,500 | |
| Other liabilities and charges | 164/5 | - | €6,500 | +€6,500 | |
| Amounts payable | 17/49 | €111,590 | €115,929 | +€4,339 | +3.9% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €95,840 | €100,929 | +€5,089 | +5.3% |
| Trade debts | 44 | €80,527 | €72,001 | -€8,526 | -10.6% |
| Suppliers | 440/4 | €80,527 | €72,001 | -€8,526 | -10.6% |
| Taxes, remuneration and social security | 45 | €14,594 | €28,209 | +€13,616 | +93.3% |
| Taxes | 450/3 | €3,744 | €19,746 | +€16,002 | +427% |
| Remuneration and social security | 454/9 | €10,849 | €8,463 | -€2,386 | -22.0% |
| Other amounts payable | 47/48 | €719 | €719 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Remuneration, social security and pensions | 62 | €82,940 | €65,440 | -€17,500 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,251 | €587 | -€1,663 | -73.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,015 | -€17,015 | -€34,030 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,500 | +€6,500 | |
| Other operating charges | 640/8 | €1,646 | €18,090 | +€16,444 | +999% |
| Gross operating margin | 9900 | €85,177 | €150,631 | +€65,454 | +76.8% |
| Operating profit (loss) | 9901 | -€18,674 | €77,029 | +€95,703 | |
| Financial income | 75/76B | €195 | €3,655 | +€3,460 | +1,774% |
| Recurring financial income | 75 | €195 | €3,655 | +€3,460 | +1,774% |
| Financial charges | 65/66B | €5,828 | €1,113 | -€4,715 | -80.9% |
| Recurring financial charges | 65 | €5,828 | €1,113 | -€4,715 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,307 | €79,571 | +€103,878 | |
| Income taxes | 67/77 | €5,233 | €9,814 | +€4,581 | +87.5% |
| Profit (loss) for the period | 9904 | -€29,540 | €69,757 | +€99,297 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,540 | €69,757 | +€99,297 |
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 17 October 2026 via checked.be.