Robaco: what changed
What changed
Robaco
NACE 46.620, Wholesale of machine tools
filed annual accounts (NBB)
Net result for the year
€27,792
2024 · €4,069+€23,723
Equity
€1.1m
2024 · €1.1m+€27,792
Cash
€149,913
2024 · €153,650-€3,737
Balance sheet total
€1.3m
2024 · €1.3m+€52,280
Largest movements
Assets
- Stocks and contracts +€37,109
up €37,109 (+5.1%), from €733,264 to €770,372
- Tangible fixed assets +€34,787
up €34,787 (+24.7%), from €141,076 to €175,863
of which Furniture and vehicles: +€19,239
Equity and liabilities
- Tax, wage and social debts +€32,450
up €32,450 (+45.0%), from €72,161 to €104,611
of which Taxes: +€27,888
- Reserves +€27,792
up €27,792 (+7.4%), from €374,337 to €402,129
- Trade debts -€27,099
down €27,099 (-50.1%), from €54,076 to €26,977
- Debts after one year +€25,590
up €25,590 (+492%), from €5,206 to €30,795
- Short-term financial debts -€13,766
no longer reported in 2025 (was €13,766)
Income statement
- Gross operating margin +€66,310
up €66,310 (+10.1%), from €659,714 to €726,024
- Write-downs +€46,927
up €46,927 (+3,898%), from €1,204 to €48,131
- Staff costs -€18,828
down €18,828 (-3.1%), from €598,719 to €579,891
- Depreciation +€10,136
up €10,136 (+27.0%), from €37,524 to €47,660
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,069
Gross operating margin
+€66,310
Staff costs
+€18,828
Depreciation
-€10,136
Write-downs
-€46,927
Other operating charges
-€14
Other operating items
+€468
Financial income
+€916
Financial charges
-€3,846
Taxes
-€1,875
Result 2025
€27,792
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€59,414
Investment
-€82,447
Financing
+€19,296
Cash 2024
€153,650
From operations (derived)
+€59,414
Net result for the year
+€27,792
Depreciation
+€47,660
Stocks and contracts
-€37,109
Receivables within one year
+€10,012
Deferred charges and accrued income
+€5,866
Trade debts
-€27,099
Tax, wage and social debts
+€32,450
Accrued charges and deferred income
-€158
Investment (derived)
-€82,447
Investment in fixed assets (net)
-€82,447
Financing
+€19,296
Debts after one year
+€25,590
Current portion of long-term debt
+€7,472
Short-term financial debts
-€13,766
Cash 2025
€149,913
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,266,891 | €1,319,171 | +€52,280 | +4.1% |
| Fixed assets | 21/28 | €141,076 | €175,863 | +€34,787 | +24.7% |
| Tangible fixed assets | 22/27 | €141,076 | €175,863 | +€34,787 | +24.7% |
| Plant, machinery and equipment | 23 | €68,162 | €86,035 | +€17,873 | +26.2% |
| Furniture and vehicles | 24 | €64,191 | €83,430 | +€19,239 | +30.0% |
| Leasing and similar rights | 25 | €8,723 | €6,398 | -€2,324 | -26.6% |
| Current assets | 29/58 | €1,125,815 | €1,143,308 | +€17,493 | +1.6% |
| Stocks and contracts in progress | 3 | €733,264 | €770,372 | +€37,109 | +5.1% |
| Stocks | 30/36 | €733,264 | €770,372 | +€37,109 | +5.1% |
| Amounts receivable within one year | 40/41 | €218,831 | €208,819 | -€10,012 | -4.6% |
| Trade receivables | 40 | €217,426 | €208,819 | -€8,607 | -4.0% |
| Other amounts receivable | 41 | €1,405 | - | -€1,405 | |
| Cash at bank and in hand | 54/58 | €153,650 | €149,913 | -€3,737 | -2.4% |
| Deferred charges and accrued income | 490/1 | €20,069 | €14,203 | -€5,866 | -29.2% |
| Total equity and liabilities | 10/49 | €1,266,891 | €1,319,171 | +€52,280 | +4.1% |
| Equity | 10/15 | €1,118,337 | €1,146,129 | +€27,792 | +2.5% |
| Contributions | 10/11 | €744,000 | €744,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €744,000 | +€744,000 | |
| Other | 1109/19 | - | €744,000 | +€744,000 | |
| Reserves | 13 | €374,337 | €402,129 | +€27,792 | +7.4% |
| Distributable reserves | 133 | €374,337 | €402,129 | +€27,792 | +7.4% |
| Amounts payable | 17/49 | €148,554 | €173,042 | +€24,488 | +16.5% |
| Amounts payable after more than one year | 17 | €5,206 | €30,795 | +€25,590 | +492% |
| Financial debts | 170/4 | €5,206 | €30,795 | +€25,590 | +492% |
| Amounts payable within one year | 42/48 | €143,190 | €142,247 | -€943 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €3,187 | €10,659 | +€7,472 | +234% |
| Financial debts | 43 | €13,766 | - | -€13,766 | |
| Credit institutions | 430/8 | €13,766 | - | -€13,766 | |
| Trade debts | 44 | €54,076 | €26,977 | -€27,099 | -50.1% |
| Suppliers | 440/4 | €54,076 | €26,977 | -€27,099 | -50.1% |
| Taxes, remuneration and social security | 45 | €72,161 | €104,611 | +€32,450 | +45.0% |
| Taxes | 450/3 | €22,058 | €49,946 | +€27,888 | +126% |
| Remuneration and social security | 454/9 | €50,103 | €54,664 | +€4,561 | +9.1% |
| Accrued charges and deferred income | 492/3 | €158 | - | -€158 | |
| Remuneration, social security and pensions | 62 | €598,719 | €579,891 | -€18,828 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,524 | €47,660 | +€10,136 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,204 | €48,131 | +€46,927 | +3,898% |
| Other operating charges | 640/8 | €7,660 | €7,674 | +€14 | +0.2% |
| Non-recurring operating charges | 66A | €468 | - | -€468 | |
| Gross operating margin | 9900 | €659,714 | €726,024 | +€66,310 | +10.1% |
| Operating profit (loss) | 9901 | €14,140 | €42,669 | +€28,529 | +202% |
| Financial income | 75/76B | €42,325 | €43,241 | +€916 | +2.2% |
| Recurring financial income | 75 | €42,325 | €43,241 | +€916 | +2.2% |
| Financial charges | 65/66B | €38,801 | €42,647 | +€3,846 | +9.9% |
| Recurring financial charges | 65 | €38,801 | €42,647 | +€3,846 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €17,664 | €43,263 | +€25,598 | +145% |
| Income taxes | 67/77 | €13,595 | €15,471 | +€1,875 | +13.8% |
| Profit (loss) for the period | 9904 | €4,069 | €27,792 | +€23,723 | +583% |
| Profit (loss) for the period to be appropriated | 9905 | €4,069 | €27,792 | +€23,723 | +583% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.