Dr. Tom Robben: 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. Tom Robben
Largest movements
- Current investments +€150,510
new in 2025: €150,510
- Cash -€85,026
down €85,026 (-93.8%), from €90,615 to €5,589
mainly Current investments (-€150,510) and Investment in fixed assets (net) (-€26,973)
- Tangible fixed assets +€21,788
up €21,788 (+1557.0%), from €1,399 to €23,188
of which Furniture and vehicles: +€22,554
- Receivables within one year -€12,522
down €12,522 (-66.1%), from €18,952 to €6,430
- Deferred charges and accrued income +€2,576
up €2,576 (+460.7%), from €559 to €3,135
- Reserves +€87,076
up €87,076 (+101.2%), from €86,068 to €173,144
- Other debts -€6,281
down €6,281 (-81.2%), from €7,737 to €1,456
- Tax, wage and social debts -€4,234
down €4,234 (-25.7%), from €16,486 to €12,252
- Contributions +€2,000
new in 2025: €2,000
- Depreciation +€4,483
up €4,483 (+638.1%), from €703 to €5,185
- Gross operating margin +€3,222
up €3,222 (+2.7%), from €121,167 to €124,389
- Taxes -€2,034
down €2,034 (-6.0%), from €33,736 to €31,702
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.
Cash bridge derived
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 | €111,526 | €188,852 | +€77,327 | +69.3% |
| Fixed assets | 21/28 | €1,399 | €23,188 | +€21,788 | +1557.0% |
| Tangible fixed assets | 22/27 | €1,399 | €23,188 | +€21,788 | +1557.0% |
| Plant, machinery and equipment | 23 | €1,399 | €634 | -€766 | -54.7% |
| Furniture and vehicles | 24 | - | €22,554 | +€22,554 | |
| Current assets | 29/58 | €110,126 | €165,665 | +€55,539 | +50.4% |
| Amounts receivable within one year | 40/41 | €18,952 | €6,430 | -€12,522 | -66.1% |
| Trade receivables | 40 | €18,952 | €6,430 | -€12,522 | -66.1% |
| Current investments | 50/53 | - | €150,510 | +€150,510 | |
| Cash at bank and in hand | 54/58 | €90,615 | €5,589 | -€85,026 | -93.8% |
| Deferred charges and accrued income | 490/1 | €559 | €3,135 | +€2,576 | +460.7% |
| Total equity and liabilities | 10/49 | €111,526 | €188,852 | +€77,327 | +69.3% |
| Equity | 10/15 | €86,068 | €175,144 | +€89,076 | +103.5% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €86,068 | €173,144 | +€87,076 | +101.2% |
| Distributable reserves | 133 | €86,068 | €173,144 | +€87,076 | +101.2% |
| Amounts payable | 17/49 | €25,458 | €13,708 | -€11,749 | -46.2% |
| Amounts payable within one year | 42/48 | €25,458 | €13,708 | -€11,749 | -46.2% |
| Trade debts | 44 | €1,235 | €0 | -€1,235 | -100.0% |
| Suppliers | 440/4 | €1,235 | €0 | -€1,235 | -100.0% |
| Taxes, remuneration and social security | 45 | €16,486 | €12,252 | -€4,234 | -25.7% |
| Taxes | 450/3 | €16,486 | €12,252 | -€4,234 | -25.7% |
| Other amounts payable | 47/48 | €7,737 | €1,456 | -€6,281 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €5,185 | +€4,483 | +638.1% |
| Other operating charges | 640/8 | €446 | €936 | +€489 | +109.6% |
| Non-recurring operating charges | 66A | - | €65 | +€65 | |
| Gross operating margin | 9900 | €121,167 | €124,389 | +€3,222 | +2.7% |
| Operating profit (loss) | 9901 | €120,018 | €118,204 | -€1,815 | -1.5% |
| Financial income | 75/76B | - | €1,161 | +€1,161 | |
| Recurring financial income | 75 | - | €247 | +€247 | |
| Non-recurring financial income | 76B | - | €914 | +€914 | |
| Financial charges | 65/66B | €215 | €587 | +€372 | +173.5% |
| Recurring financial charges | 65 | €215 | €184 | -€31 | -14.5% |
| Non-recurring financial charges | 66B | - | €403 | +€403 | |
| Profit (loss) for the period before taxes | 9903 | €119,804 | €118,778 | -€1,026 | -0.9% |
| Income taxes | 67/77 | €33,736 | €31,702 | -€2,034 | -6.0% |
| Profit (loss) for the period | 9904 | €86,068 | €87,076 | +€1,008 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €86,068 | €87,076 | +€1,008 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.