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ROBBE & PARTNERS

Active
Private limited companyfounded 1994active for 32 yearsVloeiende 61, 2950 Kapellen, BelgiumKBO/BCE: BE 0453.597.635
Summary

ROBBE & PARTNERS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €673,026 and a net result of €324,843, of which €490,711 non-recurring income. Equity remains stable across the filed financial years (±0.6% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€673,026▲ 93.3%
2024 · €348,183
Total assets
€986,662▲ 32.1%
2024 · €746,769
Net result
€324,843
2024 · -€415
Working capital
€466,725
2024 · -€203,627
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €443,183 after a loss of €736 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€443,183 2025 Net result€324,843 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€2,769-€5,886▲ 113%€8,244▲ 40.0%-€1,899-€530▲ 72.1%-€401▲ 24.3%-€736▼ 83.6%€443,183
Net result€1,197--€977€5,225€2,445▼ 53.2%€1,205▼ 50.7%€2,686▲ 123%-€415€324,843
Equity€338,014-€337,036▼ 0.3%€342,262▲ 1.6%€344,706▲ 0.7%€345,912▲ 0.3%€348,598▲ 0.8%€348,183▼ 0.1%€673,026▲ 93.3%
Total assets€800,745-€793,338▼ 0.9%€787,744▼ 0.7%€756,532▼ 4.0%€755,256▼ 0.2%€758,597▲ 0.4%€746,769▼ 1.6%€986,662▲ 32.1%
Debt€348,850-€349,482▲ 0.2%€345,725▼ 1.1%€319,130▼ 7.7%€323,711▲ 1.4%€331,427▲ 2.4%€326,707▼ 1.4%€292,042▼ 10.6%
Working capital-€272,601--€260,868▲ 4.3%-€256,718▲ 1.6%-€262,722▼ 2.3%-€238,524▲ 9.2%-€231,149▲ 3.1%-€203,627▲ 11.9%€466,725
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €986,662
Fixed assets €227,895 ▼ 63.5%
Current assets €758,767 ▲ 516%
Equity and liabilities €986,662
Equity €673,026 ▲ 93.3%
Provisions €21,594 ▼ 70.0%
Debt €292,042 ▼ 10.6%
Debt's share of the balance-sheet total falls from 43.7% to 29.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€453,498▲
2024 · €33,894
Cash flow
€335,158▲
2024 · €34,215
Current ratio
2.60▲
2024 · 0.38
Debt to equity
0.43▼
2024 · 0.94
ROE
48.3%▲
2024 · -0.1%
ROA
32.9%▲
2024 · -0.1%
Interest coverage
over 100▲
2024 · 99.35
Debt ≤ 1 year
€292,042▼
2024 · €326,707
Income taxes
€168,274▲
2024 · €6,031
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€746,769€986,662▲
Fixed assets21/28€623,689€227,895▼
Tangible fixed assets22/27€623,689€227,895▼
Land and buildings22€623,689€227,895▼
Current assets29/58€123,080€758,767▲
Amounts receivable within one year40/41€4,833€26,288▲
Trade receivables40-€1,455
Other amounts receivable41€4,833€24,833▲
Current investments50/53€119€119▲
Cash at bank and in hand54/58€118,128€732,269▲
Deferred charges and accrued income490/1€0€91▲
Equity and liabilities
Total equity and liabilities10/49€746,769€986,662▲
Equity10/15€348,183€673,026▲
Contributions10/11€18,592€18,592=
Reserves13€329,591€654,434▲
Tax-exempt reserves132€132,920€35,266▼
Distributable reserves133€196,671€619,168▲
Provisions and deferred taxes16€71,878€21,594▼
Deferred taxes168€71,878€21,594▼
Amounts payable17/49€326,707€292,042▼
Amounts payable within one year42/48€326,707€292,042▼
Trade debts44€108€0▼
Suppliers440/4€108€0▼
Taxes, remuneration and social security45€1,031€68,274▲
Taxes450/3€1,031€68,274▲
Other amounts payable47/48€325,568€223,768▼
Income statement Code20242025
Non-recurring operating income76A-€490,711
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,630€10,315▼
Other operating charges640/8€5,028€5,184▲
Non-recurring operating charges66A-€39,940
Gross operating margin9900€38,922€498,622▲
Operating profit (loss)9901-€736€443,183▲
Financial income75/76B€0€20▲
Recurring financial income75€0€20▲
Financial charges65/66B€341€370▲
Recurring financial charges65€341€370▲
Profit (loss) for the period before taxes9903-€1,077€442,833▲
Transfer from deferred taxes780€6,694€50,284▲
Income taxes67/77€6,031€168,274▲
Profit (loss) for the period9904-€415€324,843▲
Transfer from tax-exempt reserves789€13,000€97,654▲
Profit (loss) for the period to be appropriated9905€12,585€422,497▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,585€422,497▲
Transfer to equity691/2€12,585€422,497▲
To other reserves6921€12,585€422,497▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€490,711-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,768€27,768€27,784€30,692€33,555€34,630€34,630€10,315▼ 70.2%
Other operating charges640/8---€4,841€4,936€4,840€5,028€5,184▲ 3.1%
Non-recurring operating charges66A-------€39,940-
Gross operating margin9900€35,003€38,195€40,839€33,634€37,961€39,069€38,922€498,622▲ 13×
Operating profit (loss)9901€2,769€5,886€8,244-€1,899-€530-€401-€736€443,183-
Financial income75/76B---€1-€3,638€0€20▲ 80×
Recurring financial income75€0--€1-€3,638€0€20▲ 80×
Financial charges65/66B---€427€341€251€341€370▲ 8.5%
Recurring financial charges65€1,684€1,243€856€427€341€251€341€370▲ 8.5%
Profit (loss) for the period before taxes9903€1,085€4,643€7,388-€2,326-€871€2,986-€1,077€442,833-
Transfer from deferred taxes780---€7,062€7,062€7,062€6,694€50,284▲ 651%
Income taxes67/77€6,950€12,682€9,224€2,291€4,985€7,361€6,031€168,274▲ 28×
Profit (loss) for the period9904€1,197-€977€5,225€2,445€1,205€2,686-€415€324,843-
Transfer from tax-exempt reserves789---€13,115€13,115€13,115€13,000€97,654▲ 651%
Profit (loss) for the period to be appropriated9905€14,312€12,138€18,340€15,560€14,320€15,801€12,585€422,497▲ 34×
Line20182019202020212022202320242025Change
Assets
Total assets20/58€800,745€793,338€787,744€756,532€755,256€758,597€746,769€986,662▲ 32.1%
Fixed assets21/28€749,370€721,602€699,737€701,124€670,069€658,319€623,689€227,895▼ 63.5%
Tangible fixed assets22/27€749,370€721,602€699,737€701,124€670,069€658,319€623,689€227,895▼ 63.5%
Land and buildings22---€700,631€670,069€658,319€623,689€227,895▼ 63.5%
Other tangible fixed assets26---€493-----
Current assets29/58€51,375€71,736€88,007€55,409€85,187€100,278€123,080€758,767▲ 516%
Amounts receivable within one year40/41--€20,000€17,475€17,475€4,833€4,833€26,288▲ 444%
Trade receivables40---€3,892€3,892--€1,455-
Other amounts receivable41---€13,583€13,583€4,833€4,833€24,833▲ 414%
Current investments50/53-€119€119€119€119€119€119€119▲ 0.5%
Cash at bank and in hand54/58€51,375€71,617€67,889€37,815€67,593€95,238€118,128€732,269▲ 520%
Deferred charges and accrued income490/1-----€88€0€91-
Equity and liabilities
Total equity and liabilities10/49€800,745€793,338€787,744€756,532€755,256€758,597€746,769€986,662▲ 32.1%
Equity10/15€338,014€337,036€342,262€344,706€345,912€348,598€348,183€673,026▲ 93.3%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592€18,592=
Reserves13€319,422€318,444€323,670€326,114€327,320€330,006€329,591€654,434▲ 98.6%
Non-distributable reserves130/1---€1,859€1,859----
Reserves not available under the articles1311---€1,859€1,859----
Tax-exempt reserves132---€172,149€159,034€145,920€132,920€35,266▼ 73.5%
Distributable reserves133---€152,106€166,426€184,086€196,671€619,168▲ 215%
Provisions and deferred taxes16€113,881€106,819€99,758€92,696€85,634€78,572€71,878€21,594▼ 70.0%
Deferred taxes168---€92,696€85,634€78,572€71,878€21,594▼ 70.0%
Amounts payable17/49€348,850€349,482€345,725€319,130€323,711€331,427€326,707€292,042▼ 10.6%
Amounts payable after more than one year17€24,874€13,276-------
Amounts payable within one year42/48€323,976€332,603€344,725€318,130€323,711€331,427€326,707€292,042▼ 10.6%
Trade debts44-€5,486€15,956---€108€0▼ 100%
Suppliers440/4------€108€0▼ 100%
Taxes, remuneration and social security45---€2,291€4,985€7,361€1,031€68,274▲ 66×
Taxes450/3---€2,291€4,985€7,361€1,031€68,274▲ 66×
Other amounts payable47/48---€315,839€318,725€324,066€325,568€223,768▼ 31.3%
Accrued charges and deferred income492/3---€1,000-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,197-€977€5,225€2,445€1,205€2,686-€415€324,843-
+ Depreciation and write-downs630€27,768€27,768€27,784€30,692€33,555€34,630€34,630€10,315▼ 70.2%
Operating cash flow (approximation)€28,965€26,791€33,009€33,137€34,760€37,317€34,215€335,158▲ 880%
Investment in fixed assets (approximation)-€0-€5,919-€32,079-€2,500-€22,880€0€385,479-
Change in cash-€20,242-€3,729-€30,074€29,778€27,645€22,890€614,141▲ 27×

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 31 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00207407
31-12-2024 micro format 02-06-2025 2025-00118229
31-12-2023 micro format 05-06-2024 2024-00112875
31-12-2022 micro format 01-06-2023 2023-00106869
31-12-2021 micro format 01-06-2022 2022-20046653
31-12-2020 micro format 05-08-2021 2021-47100465
31-12-2019 micro format 01-09-2020 2020-50900312
31-12-2018 micro format 31-08-2019 2019-63700212
31-12-2017 abbreviated format 23-10-2018 2018-70100338
31-12-2016 abbreviated format 23-08-2017 2017-47300308

Show all 31 filings

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