JOHNNY ROBIJNS: 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.
JOHNNY ROBIJNS
Largest movements
- Current investments +€25,438
up €25,438 (+21.3%), from €119,562 to €145,000
- Tangible fixed assets -€11,474
down €11,474 (-23.8%), from €48,167 to €36,692
of which Furniture and vehicles: -€9,822
- Cash +€10,055
up €10,055 (+12.8%), from €78,492 to €88,546
mainly Net result for the year (+€24,415) and Depreciation (+€15,018)
- Reserves +€24,415
up €24,415 (+14.0%), from €173,784 to €198,199
of which Distributable reserves: +€24,415
- Debts after one year -€5,066
down €5,066 (-47.1%), from €10,746 to €5,680
- Gross operating margin -€20,305
down €20,305 (-28.3%), from €71,679 to €51,374
- Taxes -€3,986
down €3,986 (-21.9%), from €18,211 to €14,225
- Financial income +€3,812
up €3,812 (+141%), from €2,699 to €6,511
of which Financial income: +€3,374
- Depreciation +€1,216
up €1,216 (+8.8%), from €13,802 to €15,018
- Other operating charges +€1,017
up €1,017 (+41.4%), from €2,457 to €3,475
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 | €251,608 | €272,483 | +€20,875 | +8.3% |
| Fixed assets | 21/28 | €48,182 | €36,707 | -€11,474 | -23.8% |
| Tangible fixed assets | 22/27 | €48,167 | €36,692 | -€11,474 | -23.8% |
| Land and buildings | 22 | €3,825 | - | -€3,825 | |
| Plant, machinery and equipment | 23 | €4,381 | €3,425 | -€956 | -21.8% |
| Furniture and vehicles | 24 | €39,961 | €30,138 | -€9,822 | -24.6% |
| Other tangible fixed assets | 26 | - | €3,130 | +€3,130 | |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €203,426 | €235,775 | +€32,349 | +15.9% |
| Amounts receivable within one year | 40/41 | €2,278 | €447 | -€1,831 | -80.4% |
| Trade receivables | 40 | €2,278 | €280 | -€1,998 | -87.7% |
| Other amounts receivable | 41 | - | €167 | +€167 | |
| Current investments | 50/53 | €119,562 | €145,000 | +€25,438 | +21.3% |
| Cash at bank and in hand | 54/58 | €78,492 | €88,546 | +€10,055 | +12.8% |
| Deferred charges and accrued income | 490/1 | €3,094 | €1,782 | -€1,312 | -42.4% |
| Total equity and liabilities | 10/49 | €251,608 | €272,483 | +€20,875 | +8.3% |
| Equity | 10/15 | €192,376 | €216,791 | +€24,415 | +12.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €173,784 | €198,199 | +€24,415 | +14.0% |
| Tax-exempt reserves | 132 | €4,177 | €4,177 | = | 0.0% |
| Distributable reserves | 133 | €169,608 | €194,022 | +€24,415 | +14.4% |
| Provisions and deferred taxes | 16 | €38,000 | €38,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €38,000 | €38,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €38,000 | €38,000 | = | 0.0% |
| Amounts payable | 17/49 | €21,232 | €17,692 | -€3,540 | -16.7% |
| Amounts payable after more than one year | 17 | €10,746 | €5,680 | -€5,066 | -47.1% |
| Financial debts | 170/4 | €10,746 | €5,680 | -€5,066 | -47.1% |
| Amounts payable within one year | 42/48 | €10,485 | €11,599 | +€1,114 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,901 | €5,066 | +€165 | +3.4% |
| Trade debts | 44 | €831 | €685 | -€146 | -17.6% |
| Suppliers | 440/4 | €831 | €685 | -€146 | -17.6% |
| Taxes, remuneration and social security | 45 | €3,425 | €5,848 | +€2,423 | +70.7% |
| Taxes | 450/3 | €3,425 | €5,848 | +€2,423 | +70.7% |
| Other amounts payable | 47/48 | €1,327 | €0 | -€1,327 | -100% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,802 | €15,018 | +€1,216 | +8.8% |
| Other operating charges | 640/8 | €2,457 | €3,475 | +€1,017 | +41.4% |
| Gross operating margin | 9900 | €71,679 | €51,374 | -€20,305 | -28.3% |
| Operating profit (loss) | 9901 | €55,420 | €32,882 | -€22,539 | -40.7% |
| Financial income | 75/76B | €2,699 | €6,511 | +€3,812 | +141% |
| Recurring financial income | 75 | €2,699 | €6,073 | +€3,374 | +125% |
| Non-recurring financial income | 76B | - | €438 | +€438 | |
| Financial charges | 65/66B | €1,079 | €753 | -€326 | -30.2% |
| Recurring financial charges | 65 | €1,079 | €753 | -€326 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €57,041 | €38,640 | -€18,401 | -32.3% |
| Income taxes | 67/77 | €18,211 | €14,225 | -€3,986 | -21.9% |
| Profit (loss) for the period | 9904 | €38,830 | €24,415 | -€14,415 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,830 | €24,415 | -€14,415 | -37.1% |
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 16 October 2026 via checked.be.