BART ROOBROUCK: 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.
BART ROOBROUCK
Largest movements
- Current investments +€654,698
up €654,698 (+25.2%), from €2.6m to €3.3m
- Receivables within one year +€114,300
up €114,300 (+762%), from €15,000 to €129,300
of which Trade receivables: +€126,000
- Cash -€73,823
down €73,823 (-24.4%), from €302,234 to €228,411
mainly Current investments (-€654,698) and Contributions, distributions and other (-€180,000)
- Reserves +€645,628
up €645,628 (+22.4%), from €2.9m to €3.5m
- Gross operating margin +€279,792
up €279,792 (+33.8%), from €828,136 to €1.1m
- Taxes +€160,844
up €160,844 (+72.9%), from €220,491 to €381,335
- Financial income +€47,442
up €47,442 (+65.4%), from €72,581 to €120,023
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 | €2,961,789 | €3,653,358 | +€691,569 | +23.3% |
| Fixed assets | 21/28 | €46,573 | €42,967 | -€3,606 | -7.7% |
| Tangible fixed assets | 22/27 | €46,573 | €42,967 | -€3,606 | -7.7% |
| Plant, machinery and equipment | 23 | €993 | €8,703 | +€7,710 | +776% |
| Furniture and vehicles | 24 | €44,431 | €27,740 | -€16,691 | -37.6% |
| Other tangible fixed assets | 26 | €1,149 | €6,524 | +€5,375 | +468% |
| Current assets | 29/58 | €2,915,216 | €3,610,391 | +€695,175 | +23.8% |
| Amounts receivable within one year | 40/41 | €15,000 | €129,300 | +€114,300 | +762% |
| Trade receivables | 40 | - | €126,000 | +€126,000 | |
| Other amounts receivable | 41 | €15,000 | €3,300 | -€11,700 | -78.0% |
| Current investments | 50/53 | €2,597,982 | €3,252,680 | +€654,698 | +25.2% |
| Cash at bank and in hand | 54/58 | €302,234 | €228,411 | -€73,823 | -24.4% |
| Total equity and liabilities | 10/49 | €2,961,789 | €3,653,358 | +€691,569 | +23.3% |
| Equity | 10/15 | €2,891,278 | €3,536,906 | +€645,628 | +22.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €2,878,778 | €3,524,406 | +€645,628 | +22.4% |
| Distributable reserves | 133 | €2,878,778 | €3,524,406 | +€645,628 | +22.4% |
| Amounts payable | 17/49 | €70,511 | €116,452 | +€45,941 | +65.2% |
| Amounts payable within one year | 42/48 | €70,511 | €116,452 | +€45,941 | +65.2% |
| Trade debts | 44 | €1,779 | €5,820 | +€4,041 | +227% |
| Suppliers | 440/4 | €1,779 | €5,820 | +€4,041 | +227% |
| Taxes, remuneration and social security | 45 | €68,306 | €91,255 | +€22,949 | +33.6% |
| Taxes | 450/3 | €68,306 | €91,255 | +€22,949 | +33.6% |
| Other amounts payable | 47/48 | €426 | €19,377 | +€18,951 | +4,449% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,736 | €15,223 | +€487 | +3.3% |
| Other operating charges | 640/8 | €2,234 | €4,762 | +€2,528 | +113% |
| Gross operating margin | 9900 | €828,136 | €1,107,928 | +€279,792 | +33.8% |
| Operating profit (loss) | 9901 | €811,166 | €1,087,943 | +€276,777 | +34.1% |
| Financial income | 75/76B | €72,581 | €120,023 | +€47,442 | +65.4% |
| Recurring financial income | 75 | €72,581 | €120,023 | +€47,442 | +65.4% |
| Financial charges | 65/66B | €947 | €1,003 | +€56 | +5.9% |
| Recurring financial charges | 65 | €947 | €1,003 | +€56 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €882,800 | €1,206,963 | +€324,163 | +36.7% |
| Income taxes | 67/77 | €220,491 | €381,335 | +€160,844 | +72.9% |
| Profit (loss) for the period | 9904 | €662,309 | €825,628 | +€163,319 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €662,309 | €825,628 | +€163,319 | +24.7% |
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 17 October 2026 via checked.be.