SALDI ROSA: 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.
SALDI ROSA
Largest movements
- Current investments +€29,237
up €29,237 (+19.5%), from €150,000 to €179,237
- Cash +€19,615
up €19,615 (+21.3%), from €92,105 to €111,720
mainly Net result for the year (+€29,262) and Receivables within one year (+€14,156)
- Receivables within one year -€14,156
down €14,156 (-70.8%), from €20,000 to €5,844
- Deferred charges and accrued income +€7,192
up €7,192 (+14.1%), from €51,058 to €58,250
- Revaluation surpluses +€29,237
new in 2025: €29,237
- Accrued charges and deferred income +€9,700
up €9,700 (+38.8%), from €25,000 to €34,700
- Reserves -€4,557
down €4,557 (-1.8%), from €254,513 to €249,955
- Profit (loss) carried forward +€4,262
up €4,262 (+69.6%), from €6,121 to €10,383
- Gross operating margin -€38,585
down €38,585 (-48.0%), from €80,349 to €41,764
- Taxes -€10,219
down €10,219 (-47.8%), from €21,375 to €11,156
- Other operating charges -€2,049
down €2,049 (-70.9%), from €2,891 to €842
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 | €314,143 | €355,456 | +€41,313 | +13.2% |
| Fixed assets | 21/28 | €979 | €405 | -€575 | -58.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €979 | €405 | -€575 | -58.7% |
| Furniture and vehicles | 24 | €979 | €405 | -€575 | -58.7% |
| Current assets | 29/58 | €313,164 | €355,051 | +€41,888 | +13.4% |
| Amounts receivable within one year | 40/41 | €20,000 | €5,844 | -€14,156 | -70.8% |
| Other amounts receivable | 41 | €20,000 | €5,844 | -€14,156 | -70.8% |
| Current investments | 50/53 | €150,000 | €179,237 | +€29,237 | +19.5% |
| Cash at bank and in hand | 54/58 | €92,105 | €111,720 | +€19,615 | +21.3% |
| Deferred charges and accrued income | 490/1 | €51,058 | €58,250 | +€7,192 | +14.1% |
| Total equity and liabilities | 10/49 | €314,143 | €355,456 | +€41,313 | +13.2% |
| Equity | 10/15 | €281,094 | €310,035 | +€28,942 | +10.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Revaluation surpluses | 12 | - | €29,237 | +€29,237 | |
| Reserves | 13 | €254,513 | €249,955 | -€4,557 | -1.8% |
| Distributable reserves | 133 | €254,513 | €249,955 | -€4,557 | -1.8% |
| Profit (loss) carried forward | 14 | €6,121 | €10,383 | +€4,262 | +69.6% |
| Amounts payable | 17/49 | €33,049 | €45,420 | +€12,371 | +37.4% |
| Amounts payable within one year | 42/48 | €8,049 | €10,720 | +€2,671 | +33.2% |
| Trade debts | 44 | €1,251 | €1,222 | -€29 | -2.3% |
| Suppliers | 440/4 | €1,251 | €1,222 | -€29 | -2.3% |
| Taxes, remuneration and social security | 45 | €6,798 | €8,746 | +€1,948 | +28.7% |
| Taxes | 450/3 | €6,798 | €8,746 | +€1,948 | +28.7% |
| Other amounts payable | 47/48 | - | €753 | +€753 | |
| Accrued charges and deferred income | 492/3 | €25,000 | €34,700 | +€9,700 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €795 | €575 | -€221 | -27.8% |
| Other operating charges | 640/8 | €2,891 | €842 | -€2,049 | -70.9% |
| Gross operating margin | 9900 | €80,349 | €41,764 | -€38,585 | -48.0% |
| Operating profit (loss) | 9901 | €76,662 | €40,347 | -€36,315 | -47.4% |
| Financial income | 75/76B | €802 | €71 | -€731 | -91.2% |
| Recurring financial income | 75 | €802 | €71 | -€731 | -91.2% |
| Financial charges | 65/66B | €155 | - | -€155 | |
| Recurring financial charges | 65 | €155 | - | -€155 | |
| Profit (loss) for the period before taxes | 9903 | €77,309 | €40,418 | -€36,891 | -47.7% |
| Income taxes | 67/77 | €21,375 | €11,156 | -€10,219 | -47.8% |
| Profit (loss) for the period | 9904 | €55,935 | €29,262 | -€26,673 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,935 | €29,262 | -€26,673 | -47.7% |
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 1 October 2026 via checked.be.