J. ROBBROECKX: 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.
J. ROBBROECKX
Largest movements
- Tangible fixed assets -€20,889
down €20,889 (-6.0%), from €348,049 to €327,160
of which Land and buildings: -€20,112
- Receivables within one year -€4,379
down €4,379 (-27.8%), from €15,748 to €11,369
of which Trade receivables: -€5,248
- Profit (loss) carried forward -€35,067
down €35,067 (-25.2%), from €139,364 to €104,297
- Other debts +€34,511
up €34,511 (+42.2%), from €81,855 to €116,366
- Debts after one year -€21,580
down €21,580 (-21.4%), from €100,666 to €79,086
- Short-term financial debts +€4,928
new in 2025: €4,928
- Current portion of long-term debt -€4,470
down €4,470 (-17.1%), from €26,151 to €21,681
- Gross operating margin -€12,691
down €12,691, from €6,865 to -€5,826
- Depreciation -€4,831
down €4,831 (-18.8%), from €25,722 to €20,891
- Other operating charges +€1,768
up €1,768 (+68.2%), from €2,592 to €4,360
- Financial charges -€700
down €700 (-15.8%), from €4,422 to €3,722
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 | €366,204 | €341,739 | -€24,465 | -6.7% |
| Fixed assets | 21/28 | €349,288 | €328,400 | -€20,888 | -6.0% |
| Tangible fixed assets | 22/27 | €348,049 | €327,160 | -€20,889 | -6.0% |
| Land and buildings | 22 | €344,510 | €324,398 | -€20,112 | -5.8% |
| Plant, machinery and equipment | 23 | €1,600 | - | -€1,600 | |
| Furniture and vehicles | 24 | €1,939 | €1,162 | -€777 | -40.1% |
| Other tangible fixed assets | 26 | - | €1,600 | +€1,600 | |
| Financial fixed assets | 28 | €1,239 | €1,239 | +€0 | 0.0% |
| Current assets | 29/58 | €16,916 | €13,340 | -€3,576 | -21.1% |
| Amounts receivable within one year | 40/41 | €15,748 | €11,369 | -€4,379 | -27.8% |
| Trade receivables | 40 | €6,050 | €802 | -€5,248 | -86.7% |
| Other amounts receivable | 41 | €9,698 | €10,567 | +€869 | +9.0% |
| Cash at bank and in hand | 54/58 | €796 | €1,971 | +€1,175 | +148% |
| Deferred charges and accrued income | 490/1 | €372 | - | -€372 | |
| Total equity and liabilities | 10/49 | €366,204 | €341,739 | -€24,465 | -6.7% |
| Equity | 10/15 | €153,623 | €118,557 | -€35,066 | -22.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €139,364 | €104,297 | -€35,067 | -25.2% |
| Amounts payable | 17/49 | €212,581 | €223,183 | +€10,602 | +5.0% |
| Amounts payable after more than one year | 17 | €100,666 | €79,086 | -€21,580 | -21.4% |
| Financial debts | 170/4 | €100,666 | €79,086 | -€21,580 | -21.4% |
| Amounts payable within one year | 42/48 | €111,915 | €144,097 | +€32,182 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €26,151 | €21,681 | -€4,470 | -17.1% |
| Financial debts | 43 | - | €4,928 | +€4,928 | |
| Credit institutions | 430/8 | - | €4,928 | +€4,928 | |
| Trade debts | 44 | €1,010 | €1,115 | +€105 | +10.4% |
| Suppliers | 440/4 | €1,010 | €1,115 | +€105 | +10.4% |
| Taxes, remuneration and social security | 45 | €2,899 | €7 | -€2,892 | -99.8% |
| Taxes | 450/3 | €2,899 | €7 | -€2,892 | -99.8% |
| Other amounts payable | 47/48 | €81,855 | €116,366 | +€34,511 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,722 | €20,891 | -€4,831 | -18.8% |
| Other operating charges | 640/8 | €2,592 | €4,360 | +€1,768 | +68.2% |
| Gross operating margin | 9900 | €6,865 | -€5,826 | -€12,691 | |
| Operating profit (loss) | 9901 | -€21,449 | -€31,077 | -€9,628 | -44.9% |
| Financial income | 75/76B | €8 | €41 | +€33 | +411% |
| Recurring financial income | 75 | €8 | €41 | +€33 | +411% |
| Financial charges | 65/66B | €4,422 | €3,722 | -€700 | -15.8% |
| Recurring financial charges | 65 | €4,422 | €3,722 | -€700 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,863 | -€34,759 | -€8,896 | -34.4% |
| Income taxes | 67/77 | €354 | €308 | -€46 | -12.9% |
| Profit (loss) for the period | 9904 | -€26,217 | -€35,067 | -€8,850 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,217 | -€35,067 | -€8,850 | -33.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.