ROSAM: 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.
ROSAM
Largest movements
- Tangible fixed assets +€354,274
up €354,274 (+1439.9%), from €24,604 to €378,877
of which Land and buildings: +€355,912
- Cash -€79,223
down €79,223 (-99.2%), from €79,868 to €645
mainly Investment in fixed assets (net) (-€357,000) and Receivables within one year (-€30,254)
- Receivables within one year +€30,254
up €30,254 (+1734.7%), from €1,744 to €31,998
- Debts after one year +€231,382
new in 2025: €231,382
- Profit (loss) carried forward +€43,957
up €43,957 (+62.7%), from €70,067 to €114,024
- Trade debts +€15,657
up €15,657 (+388.6%), from €4,029 to €19,686
- Current portion of long-term debt +€8,618
new in 2025: €8,618
- Tax, wage and social debts +€7,248
up €7,248 (+53.6%), from €13,512 to €20,760
- Gross operating margin -€29,594
down €29,594 (-31.1%), from €95,193 to €65,599
- Taxes -€5,392
down €5,392 (-27.7%), from €19,501 to €14,109
- Other operating charges +€3,341
up €3,341 (+1151.4%), from €290 to €3,632
- Depreciation -€2,440
down €2,440 (-47.2%), from €5,166 to €2,726
- Financial charges +€1,215
up €1,215 (+721.7%), from €168 to €1,383
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 | €107,165 | €412,410 | +€305,245 | +284.8% |
| Fixed assets | 21/28 | €24,604 | €378,877 | +€354,274 | +1439.9% |
| Tangible fixed assets | 22/27 | €24,604 | €378,877 | +€354,274 | +1439.9% |
| Land and buildings | 22 | €14,433 | €370,344 | +€355,912 | +2466.0% |
| Plant, machinery and equipment | 23 | €2,039 | €1,256 | -€783 | -38.4% |
| Other tangible fixed assets | 26 | €8,132 | €7,278 | -€854 | -10.5% |
| Current assets | 29/58 | €82,561 | €33,532 | -€49,029 | -59.4% |
| Amounts receivable within one year | 40/41 | €1,744 | €31,998 | +€30,254 | +1734.7% |
| Trade receivables | 40 | €1,744 | €31,998 | +€30,254 | +1734.7% |
| Cash at bank and in hand | 54/58 | €79,868 | €645 | -€79,223 | -99.2% |
| Deferred charges and accrued income | 490/1 | €949 | €890 | -€59 | -6.2% |
| Total equity and liabilities | 10/49 | €107,165 | €412,410 | +€305,245 | +284.8% |
| Equity | 10/15 | €75,067 | €119,024 | +€43,957 | +58.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,067 | €114,024 | +€43,957 | +62.7% |
| Amounts payable | 17/49 | €32,097 | €293,385 | +€261,288 | +814.0% |
| Amounts payable after more than one year | 17 | - | €231,382 | +€231,382 | |
| Financial debts | 170/4 | - | €231,382 | +€231,382 | |
| Amounts payable within one year | 42/48 | €32,097 | €62,003 | +€29,906 | +93.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,618 | +€8,618 | |
| Trade debts | 44 | €4,029 | €19,686 | +€15,657 | +388.6% |
| Suppliers | 440/4 | €4,029 | €19,686 | +€15,657 | +388.6% |
| Taxes, remuneration and social security | 45 | €13,512 | €20,760 | +€7,248 | +53.6% |
| Taxes | 450/3 | €13,512 | €20,760 | +€7,248 | +53.6% |
| Other amounts payable | 47/48 | €14,556 | €12,939 | -€1,617 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €2,726 | -€2,440 | -47.2% |
| Other operating charges | 640/8 | €290 | €3,632 | +€3,341 | +1151.4% |
| Gross operating margin | 9900 | €95,193 | €65,599 | -€29,594 | -31.1% |
| Operating profit (loss) | 9901 | €89,737 | €59,241 | -€30,496 | -34.0% |
| Financial income | 75/76B | - | €208 | +€208 | |
| Recurring financial income | 75 | - | €208 | +€208 | |
| Financial charges | 65/66B | €168 | €1,383 | +€1,215 | +721.7% |
| Recurring financial charges | 65 | €168 | €1,383 | +€1,215 | +721.7% |
| Profit (loss) for the period before taxes | 9903 | €89,568 | €58,066 | -€31,502 | -35.2% |
| Income taxes | 67/77 | €19,501 | €14,109 | -€5,392 | -27.7% |
| Profit (loss) for the period | 9904 | €70,067 | €43,957 | -€26,110 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,067 | €43,957 | -€26,110 | -37.3% |
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 8 October 2026 via checked.be.