Dr. Buck Robbert: what changed
Two fiscal 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.
Dr. Buck Robbert
Largest movements
- Deferred charges and accrued income +€42,469
new in 2026: €42,469
- Tangible fixed assets -€16,516
down €16,516 (-36.8%), from €44,927 to €28,411
of which Furniture and vehicles: -€12,564
- Cash -€13,441
down €13,441 (-12.4%), from €108,018 to €94,576
mainly Contributions, distributions and other (-€348,696) and Deferred charges and accrued income (-€42,469)
- Other debts +€107,549
up €107,549 (+1385.4%), from €7,763 to €115,312
- Reserves -€99,155
no longer reported in 2026 (was €99,155)
- Tax, wage and social debts +€12,834
up €12,834 (+108.5%), from €11,833 to €24,668
of which Taxes: +€9,783
- Debts after one year -€10,316
down €10,316 (-43.2%), from €23,866 to €13,550
- Gross operating margin +€272,303
up €272,303 (+366.5%), from €74,291 to €346,594
- Taxes +€66,783
up €66,783 (+564.4%), from €11,833 to €78,617
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.
Cash bridge derived
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 | €153,045 | €165,556 | +€12,512 | +8.2% |
| Fixed assets | 21/28 | €44,927 | €28,411 | -€16,516 | -36.8% |
| Tangible fixed assets | 22/27 | €44,927 | €28,411 | -€16,516 | -36.8% |
| Plant, machinery and equipment | 23 | €4,241 | €289 | -€3,952 | -93.2% |
| Furniture and vehicles | 24 | €40,687 | €28,123 | -€12,564 | -30.9% |
| Current assets | 29/58 | €108,118 | €137,145 | +€29,027 | +26.8% |
| Current investments | 50/53 | €100 | €100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,018 | €94,576 | -€13,441 | -12.4% |
| Deferred charges and accrued income | 490/1 | - | €42,469 | +€42,469 | |
| Total equity and liabilities | 10/49 | €153,045 | €165,556 | +€12,512 | +8.2% |
| Equity | 10/15 | €99,255 | €100 | -€99,155 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €99,155 | - | -€99,155 | |
| Distributable reserves | 133 | €99,155 | - | -€99,155 | |
| Amounts payable | 17/49 | €53,790 | €165,456 | +€111,666 | +207.6% |
| Amounts payable after more than one year | 17 | €23,866 | €13,550 | -€10,316 | -43.2% |
| Financial debts | 170/4 | €23,866 | €13,550 | -€10,316 | -43.2% |
| Amounts payable within one year | 42/48 | €29,924 | €151,906 | +€121,982 | +407.6% |
| Current portion of amounts payable after more than one year | 42 | €10,178 | €10,316 | +€138 | +1.4% |
| Trade debts | 44 | €149 | €1,611 | +€1,462 | +980.9% |
| Suppliers | 440/4 | €149 | €1,611 | +€1,462 | +980.9% |
| Taxes, remuneration and social security | 45 | €11,833 | €24,668 | +€12,834 | +108.5% |
| Taxes | 450/3 | €11,833 | €21,617 | +€9,783 | +82.7% |
| Remuneration and social security | 454/9 | - | €3,051 | +€3,051 | |
| Other amounts payable | 47/48 | €7,763 | €115,312 | +€107,549 | +1385.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,294 | €14,805 | -€489 | -3.2% |
| Other operating charges | 640/8 | €120 | €525 | +€405 | +337.3% |
| Gross operating margin | 9900 | €74,291 | €346,594 | +€272,303 | +366.5% |
| Operating profit (loss) | 9901 | €58,877 | €331,265 | +€272,387 | +462.6% |
| Financial charges | 65/66B | €1,820 | €3,107 | +€1,287 | +70.7% |
| Recurring financial charges | 65 | €1,820 | €1,396 | -€424 | -23.3% |
| Non-recurring financial charges | 66B | - | €1,711 | +€1,711 | |
| Profit (loss) for the period before taxes | 9903 | €57,057 | €328,158 | +€271,100 | +475.1% |
| Income taxes | 67/77 | €11,833 | €78,617 | +€66,783 | +564.4% |
| Profit (loss) for the period | 9904 | €45,224 | €249,541 | +€204,317 | +451.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,224 | €249,541 | +€204,317 | +451.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.