Arthur Robberechts: 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.
Arthur Robberechts
Largest movements
- Cash +€20,025
up €20,025 (+60.2%), from €33,247 to €53,272
mainly Other debts (+€27,231) and Net result for the year (+€21,369)
- Receivables within one year -€7,774
down €7,774 (-42.1%), from €18,467 to €10,693
- Other debts +€27,231
up €27,231 (+119%), from €22,861 to €50,092
- Reserves -€12,631
down €12,631 (-92.7%), from €13,628 to €997
- Tax, wage and social debts -€4,140
down €4,140 (-39.6%), from €10,461 to €6,322
- Trade debts +€1,279
up €1,279 (+117%), from €1,090 to €2,370
- Gross operating margin +€10,634
up €10,634 (+58.8%), from €18,099 to €28,733
- Taxes +€2,059
up €2,059 (+47.8%), from €4,306 to €6,365
- Depreciation -€508
down €508 (-52.6%), from €968 to €459
- Other operating charges +€402
up €402 (+630%), from €64 to €465
- Financial income -€293
down €293 (-89.0%), from €330 to €36
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,040 | €64,785 | +€11,745 | +22.1% |
| Fixed assets | 21/28 | €1,242 | €783 | -€459 | -37.0% |
| Tangible fixed assets | 22/27 | €1,242 | €783 | -€459 | -37.0% |
| Plant, machinery and equipment | 23 | €834 | €418 | -€416 | -49.9% |
| Furniture and vehicles | 24 | €408 | €365 | -€43 | -10.6% |
| Current assets | 29/58 | €51,798 | €64,002 | +€12,204 | +23.6% |
| Amounts receivable within one year | 40/41 | €18,467 | €10,693 | -€7,774 | -42.1% |
| Trade receivables | 40 | €18,467 | €10,693 | -€7,774 | -42.1% |
| Cash at bank and in hand | 54/58 | €33,247 | €53,272 | +€20,025 | +60.2% |
| Deferred charges and accrued income | 490/1 | €84 | €37 | -€47 | -56.1% |
| Total equity and liabilities | 10/49 | €53,040 | €64,785 | +€11,745 | +22.1% |
| Equity | 10/15 | €18,628 | €5,997 | -€12,631 | -67.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,628 | €997 | -€12,631 | -92.7% |
| Distributable reserves | 133 | €13,628 | €997 | -€12,631 | -92.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,412 | €58,788 | +€24,375 | +70.8% |
| Amounts payable within one year | 42/48 | €34,412 | €58,783 | +€24,371 | +70.8% |
| Trade debts | 44 | €1,090 | €2,370 | +€1,279 | +117% |
| Suppliers | 440/4 | €1,090 | €2,370 | +€1,279 | +117% |
| Taxes, remuneration and social security | 45 | €10,461 | €6,322 | -€4,140 | -39.6% |
| Taxes | 450/3 | €10,461 | €6,322 | -€4,140 | -39.6% |
| Other amounts payable | 47/48 | €22,861 | €50,092 | +€27,231 | +119% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €968 | €459 | -€508 | -52.6% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +630% |
| Gross operating margin | 9900 | €18,099 | €28,733 | +€10,634 | +58.8% |
| Operating profit (loss) | 9901 | €17,067 | €27,808 | +€10,741 | +62.9% |
| Financial income | 75/76B | €330 | €36 | -€293 | -89.0% |
| Recurring financial income | 75 | €330 | €36 | -€293 | -89.0% |
| Financial charges | 65/66B | €72 | €110 | +€38 | +53.4% |
| Recurring financial charges | 65 | €72 | €110 | +€38 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €17,325 | €27,734 | +€10,409 | +60.1% |
| Income taxes | 67/77 | €4,306 | €6,365 | +€2,059 | +47.8% |
| Profit (loss) for the period | 9904 | €13,019 | €21,369 | +€8,350 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,019 | €21,369 | +€8,350 | +64.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.