DE ROBAARD: 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.
DE ROBAARD
Largest movements
- Cash -€12,764
down €12,764 (-31.7%), from €40,259 to €27,496
mainly Net result for the year (-€11,034) and Investment in fixed assets (net) (-€5,719)
- Receivables within one year -€1,515
down €1,515 (-93.6%), from €1,618 to €104
of which Other amounts receivable: -€1,220
- Intangible fixed assets +€1,121
new in 2025: €1,121
- Deferred charges and accrued income -€1,091
down €1,091 (-100%), from €1,091 to €0
- Tangible fixed assets -€902
down €902 (-3.7%), from €24,073 to €23,172
of which Plant, machinery and equipment: -€1,662
- Profit (loss) carried forward -€11,034
down €11,034 (-55.9%), from -€19,724 to -€30,758
- Accrued charges and deferred income -€1,912
down €1,912 (-100%), from €1,912 to €0
- Trade debts -€1,404
down €1,404 (-51.4%), from €2,729 to €1,326
- Other debts -€1,100
down €1,100 (-5.0%), from €22,076 to €20,976
- Gross operating margin +€18,390
up €18,390 (+78.6%), from -€23,400 to -€5,010
- Financial charges -€1,870
down €1,870 (-94.1%), from €1,987 to €117
- Depreciation -€1,449
down €1,449 (-20.9%), from €6,950 to €5,500
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.
Derived cash bridge
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 | €67,042 | €51,892 | -€15,150 | -22.6% |
| Fixed assets | 21/28 | €24,073 | €24,292 | +€219 | +0.9% |
| Intangible fixed assets | 21 | - | €1,121 | +€1,121 | |
| Tangible fixed assets | 22/27 | €24,073 | €23,172 | -€902 | -3.7% |
| Land and buildings | 22 | €12,487 | €14,255 | +€1,768 | +14.2% |
| Plant, machinery and equipment | 23 | €7,105 | €5,444 | -€1,662 | -23.4% |
| Furniture and vehicles | 24 | €4,481 | €3,473 | -€1,008 | -22.5% |
| Current assets | 29/58 | €42,968 | €27,599 | -€15,369 | -35.8% |
| Amounts receivable within one year | 40/41 | €1,618 | €104 | -€1,515 | -93.6% |
| Trade receivables | 40 | €295 | €0 | -€295 | -100% |
| Other amounts receivable | 41 | €1,323 | €104 | -€1,220 | -92.2% |
| Cash at bank and in hand | 54/58 | €40,259 | €27,496 | -€12,764 | -31.7% |
| Deferred charges and accrued income | 490/1 | €1,091 | €0 | -€1,091 | -100% |
| Total equity and liabilities | 10/49 | €67,042 | €51,892 | -€15,150 | -22.6% |
| Equity | 10/15 | €40,275 | €29,242 | -€11,034 | -27.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,724 | -€30,758 | -€11,034 | -55.9% |
| Amounts payable | 17/49 | €26,766 | €22,650 | -€4,116 | -15.4% |
| Amounts payable within one year | 42/48 | €24,854 | €22,650 | -€2,204 | -8.9% |
| Trade debts | 44 | €2,729 | €1,326 | -€1,404 | -51.4% |
| Suppliers | 440/4 | €2,729 | €1,326 | -€1,404 | -51.4% |
| Taxes, remuneration and social security | 45 | €48 | €348 | +€300 | +618% |
| Taxes | 450/3 | €48 | €348 | +€300 | +618% |
| Other amounts payable | 47/48 | €22,076 | €20,976 | -€1,100 | -5.0% |
| Accrued charges and deferred income | 492/3 | €1,912 | €0 | -€1,912 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,950 | €5,500 | -€1,449 | -20.9% |
| Other operating charges | 640/8 | €670 | €721 | +€51 | +7.6% |
| Gross operating margin | 9900 | -€23,400 | -€5,010 | +€18,390 | +78.6% |
| Operating profit (loss) | 9901 | -€31,020 | -€11,231 | +€19,788 | +63.8% |
| Financial income | 75/76B | €166 | €314 | +€148 | +89.0% |
| Recurring financial income | 75 | €166 | €314 | +€148 | +89.0% |
| Financial charges | 65/66B | €1,987 | €117 | -€1,870 | -94.1% |
| Recurring financial charges | 65 | €1,987 | €117 | -€1,870 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,840 | -€11,034 | +€21,806 | +66.4% |
| Profit (loss) for the period | 9904 | -€32,840 | -€11,034 | +€21,806 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,840 | -€11,034 | +€21,806 | +66.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.