VILLA ROSA: 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.
VILLA ROSA
Largest movements
- Tangible fixed assets -€20,558
down €20,558 (-7.5%), from €273,075 to €252,517
of which Land and buildings: -€20,250
- Cash +€4,497
up €4,497 (+98.8%), from €4,551 to €9,048
mainly Depreciation (+€20,558) and Net result for the year (+€15,000)
- Debts after one year -€30,000
down €30,000 (-35.3%), from €85,000 to €55,000
- Reserves +€15,000
up €15,000 (+30.1%), from €49,769 to €64,769
of which Distributable reserves: +€15,000
- Accrued charges and deferred income -€4,500
down €4,500 (-100%), from €4,500 to €0
- Tax, wage and social debts +€3,325
up €3,325 (+88.8%), from €3,745 to €7,070
- Gross operating margin +€5,338
up €5,338 (+11.8%), from €45,168 to €50,506
- Other operating charges +€2,811
up €2,811 (+383%), from €734 to €3,545
- Taxes +€1,179
up €1,179 (+19.8%), from €5,945 to €7,125
- Financial charges -€1,046
down €1,046 (-19.6%), from €5,325 to €4,279
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 | €280,705 | €263,915 | -€16,790 | -6.0% |
| Fixed assets | 21/28 | €273,075 | €252,517 | -€20,558 | -7.5% |
| Tangible fixed assets | 22/27 | €273,075 | €252,517 | -€20,558 | -7.5% |
| Land and buildings | 22 | €272,250 | €252,000 | -€20,250 | -7.4% |
| Plant, machinery and equipment | 23 | €825 | €517 | -€308 | -37.3% |
| Current assets | 29/58 | €7,630 | €11,398 | +€3,768 | +49.4% |
| Amounts receivable within one year | 40/41 | €778 | €0 | -€778 | -100% |
| Trade receivables | 40 | €232 | €0 | -€232 | -100% |
| Other amounts receivable | 41 | €546 | €0 | -€546 | -100% |
| Cash at bank and in hand | 54/58 | €4,551 | €9,048 | +€4,497 | +98.8% |
| Deferred charges and accrued income | 490/1 | €2,301 | €2,350 | +€48 | +2.1% |
| Total equity and liabilities | 10/49 | €280,705 | €263,915 | -€16,790 | -6.0% |
| Equity | 10/15 | €62,169 | €77,169 | +€15,000 | +24.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,769 | €64,769 | +€15,000 | +30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,909 | €62,909 | +€15,000 | +31.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €218,536 | €186,746 | -€31,790 | -14.5% |
| Amounts payable after more than one year | 17 | €85,000 | €55,000 | -€30,000 | -35.3% |
| Financial debts | 170/4 | €85,000 | €55,000 | -€30,000 | -35.3% |
| Amounts payable within one year | 42/48 | €129,036 | €131,746 | +€2,710 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €31,214 | €31,009 | -€204 | -0.7% |
| Trade debts | 44 | €339 | €278 | -€61 | -17.9% |
| Suppliers | 440/4 | €339 | €278 | -€61 | -17.9% |
| Taxes, remuneration and social security | 45 | €3,745 | €7,070 | +€3,325 | +88.8% |
| Taxes | 450/3 | €3,745 | €7,070 | +€3,325 | +88.8% |
| Other amounts payable | 47/48 | €93,738 | €93,388 | -€350 | -0.4% |
| Accrued charges and deferred income | 492/3 | €4,500 | €0 | -€4,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,558 | €20,558 | = | 0.0% |
| Other operating charges | 640/8 | €734 | €3,545 | +€2,811 | +383% |
| Gross operating margin | 9900 | €45,168 | €50,506 | +€5,338 | +11.8% |
| Operating profit (loss) | 9901 | €23,877 | €26,404 | +€2,527 | +10.6% |
| Financial charges | 65/66B | €5,325 | €4,279 | -€1,046 | -19.6% |
| Recurring financial charges | 65 | €5,325 | €4,279 | -€1,046 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €18,552 | €22,125 | +€3,573 | +19.3% |
| Income taxes | 67/77 | €5,945 | €7,125 | +€1,179 | +19.8% |
| Profit (loss) for the period | 9904 | €12,606 | €15,000 | +€2,394 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,606 | €15,000 | +€2,394 | +19.0% |
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 20 October 2026 via checked.be.