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ROZEIN: 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.

What changed

ROZEIN

BE 0845.189.605
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€16,530
2023 · €96,306-€112,836
Equity
€160,861
2023 · €177,391-€16,530
Cash
€20,638
2023 · €33,547-€12,909
Balance sheet total
€914,399
2023 · €1.0m-€91,413

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€83,454

    down €83,454 (-55.4%), from €150,668 to €67,214

    of which Trade receivables: -€87,483

  • Tangible fixed assets +€14,601

    up €14,601 (+2.1%), from €697,363 to €711,964

    of which Leasing and similar rights: +€21,333

  • Cash -€12,909

    down €12,909 (-38.5%), from €33,547 to €20,638

    mainly Investment in fixed assets (net) (-€78,062) and Debts after one year (-€35,069)

  • Deferred charges and accrued income -€10,198

    down €10,198 (-49.2%), from €20,726 to €10,528

Equity and liabilities
  • Debts after one year -€35,069

    down €35,069 (-7.1%), from €491,954 to €456,886

  • Tax, wage and social debts -€24,983

    down €24,983 (-57.3%), from €43,612 to €18,629

    of which Taxes: -€13,488

  • Profit (loss) carried forward -€16,530

    down €16,530 (-10.6%), from €155,391 to €138,861

Income statement
  • Gross operating margin -€146,699

    down €146,699 (-25.2%), from €582,327 to €435,628

  • Financial charges -€69,611

    down €69,611 (-72.7%), from €95,707 to €26,096

  • Provisions +€63,796

    no longer reported in 2024 (was -€63,796)

  • Staff costs -€43,587

    down €43,587 (-10.8%), from €404,972 to €361,385

  • Financial income -€10,916

    down €10,916 (-49.0%), from €22,292 to €11,377

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €96,306
Gross operating margin -€146,699
Staff costs +€43,587
Depreciation -€7,815
Provisions -€63,796
Other operating charges +€1,743
Financial income -€10,916
Financial charges +€69,611
Taxes +€1,449
Result 2024 -€16,530
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€106,468
Investment -€78,062
Financing -€41,315
Cash 2023 €33,547
Net result for the year -€16,530
Depreciation +€63,461
Stocks and contracts -€547
Receivables within one year +€83,454
Deferred charges and accrued income +€10,198
Trade debts -€6,058
Tax, wage and social debts -€24,983
Advances received +€3,309
Other debts -€6,035
Accrued charges and deferred income +€200
Investment in fixed assets (net) -€78,062
Debts after one year -€35,069
Current portion of long-term debt +€553
Short-term financial debts -€6,799
Cash 2024 €20,638
brings cash intakes cash out
Every line side by side 53 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,005,811 €914,399 -€91,413 -9.1%
Fixed assets 21/28 €697,613 €712,214 +€14,601 +2.1%
Tangible fixed assets 22/27 €697,363 €711,964 +€14,601 +2.1%
Land and buildings 22 €625,250 €631,605 +€6,356 +1.0%
Plant, machinery and equipment 23 €14,076 €16,159 +€2,083 +14.8%
Furniture and vehicles 24 €42,129 €29,425 -€12,704 -30.2%
Leasing and similar rights 25 €12,095 €33,428 +€21,333 +176%
Other tangible fixed assets 26 €3,813 €1,347 -€2,465 -64.7%
Financial fixed assets 28 €250 €250 = 0.0%
Current assets 29/58 €308,198 €202,184 -€106,014 -34.4%
Stocks and contracts in progress 3 €103,257 €103,804 +€547 +0.5%
Stocks 30/36 €103,257 €103,804 +€547 +0.5%
Amounts receivable within one year 40/41 €150,668 €67,214 -€83,454 -55.4%
Trade receivables 40 €132,300 €44,817 -€87,483 -66.1%
Other amounts receivable 41 €18,368 €22,397 +€4,029 +21.9%
Cash at bank and in hand 54/58 €33,547 €20,638 -€12,909 -38.5%
Deferred charges and accrued income 490/1 €20,726 €10,528 -€10,198 -49.2%
Total equity and liabilities 10/49 €1,005,811 €914,399 -€91,413 -9.1%
Equity 10/15 €177,391 €160,861 -€16,530 -9.3%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €155,391 €138,861 -€16,530 -10.6%
Amounts payable 17/49 €828,421 €753,538 -€74,883 -9.0%
Amounts payable after more than one year 17 €491,954 €456,886 -€35,069 -7.1%
Financial debts 170/4 €491,954 €456,886 -€35,069 -7.1%
Amounts payable within one year 42/48 €336,466 €296,452 -€40,014 -11.9%
Current portion of amounts payable after more than one year 42 €52,000 €52,553 +€553 +1.1%
Financial debts 43 €86,799 €80,000 -€6,799 -7.8%
Credit institutions 430/8 €86,799 €80,000 -€6,799 -7.8%
Trade debts 44 €55,238 €49,180 -€6,058 -11.0%
Suppliers 440/4 €55,238 €49,180 -€6,058 -11.0%
Advances received on contracts in progress 46 €33,191 €36,501 +€3,309 +10.0%
Taxes, remuneration and social security 45 €43,612 €18,629 -€24,983 -57.3%
Taxes 450/3 €16,597 €3,109 -€13,488 -81.3%
Remuneration and social security 454/9 €27,016 €15,520 -€11,496 -42.6%
Other amounts payable 47/48 €65,625 €59,590 -€6,035 -9.2%
Accrued charges and deferred income 492/3 - €200 +€200
Remuneration, social security and pensions 62 €404,972 €361,385 -€43,587 -10.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €55,646 €63,461 +€7,815 +14.0%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 -€63,796 - +€63,796
Other operating charges 640/8 €14,175 €12,433 -€1,743 -12.3%
Gross operating margin 9900 €582,327 €435,628 -€146,699 -25.2%
Operating profit (loss) 9901 €171,330 -€1,650 -€172,980
Financial income 75/76B €22,292 €11,377 -€10,916 -49.0%
Recurring financial income 75 €22,292 €11,377 -€10,916 -49.0%
Financial charges 65/66B €95,707 €26,096 -€69,611 -72.7%
Recurring financial charges 65 €95,707 €26,096 -€69,611 -72.7%
Profit (loss) for the period before taxes 9903 €97,915 -€16,370 -€114,285
Income taxes 67/77 €1,609 €160 -€1,449 -90.0%
Profit (loss) for the period 9904 €96,306 -€16,530 -€112,836
Profit (loss) for the period to be appropriated 9905 €96,306 -€16,530 -€112,836

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.