ROBAGRI: 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.
ROBAGRI
Largest movements
- Cash +€35,002
up €35,002 (+311%), from €11,246 to €46,249
mainly Debts after one year (+€57,419) and Depreciation (+€43,128)
- Tangible fixed assets +€15,872
up €15,872 (+10.6%), from €149,749 to €165,621
- Receivables within one year +€3,579
up €3,579 (+45.7%), from €7,824 to €11,402
of which Other amounts receivable: +€9,829
- Debts after one year +€57,419
up €57,419 (+50.5%), from €113,692 to €171,111
- Investment grants -€7,018
down €7,018 (-29.0%), from €24,198 to €17,180
- Gross operating margin +€6,622
up €6,622 (+17.2%), from €38,461 to €45,083
- Depreciation +€4,932
up €4,932 (+12.9%), from €38,196 to €43,128
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.
Derived cash bridge
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 | €172,729 | €225,280 | +€52,551 | +30.4% |
| Fixed assets | 21/28 | €149,749 | €165,621 | +€15,872 | +10.6% |
| Tangible fixed assets | 22/27 | €149,749 | €165,621 | +€15,872 | +10.6% |
| Plant, machinery and equipment | 23 | €149,749 | €165,621 | +€15,872 | +10.6% |
| Current assets | 29/58 | €22,980 | €59,659 | +€36,678 | +160% |
| Stocks and contracts in progress | 3 | €2,755 | €561 | -€2,194 | -79.6% |
| Stocks | 30/36 | €2,755 | €561 | -€2,194 | -79.6% |
| Amounts receivable within one year | 40/41 | €7,824 | €11,402 | +€3,579 | +45.7% |
| Trade receivables | 40 | €7,108 | €857 | -€6,250 | -87.9% |
| Other amounts receivable | 41 | €716 | €10,545 | +€9,829 | +1,373% |
| Cash at bank and in hand | 54/58 | €11,246 | €46,249 | +€35,002 | +311% |
| Deferred charges and accrued income | 490/1 | €1,155 | €1,447 | +€291 | +25.2% |
| Total equity and liabilities | 10/49 | €172,729 | €225,280 | +€52,551 | +30.4% |
| Equity | 10/15 | €55,851 | €50,384 | -€5,467 | -9.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,293 | €3,893 | -€400 | -9.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,433 | €2,033 | -€400 | -16.4% |
| Profit (loss) carried forward | 14 | €8,769 | €10,720 | +€1,950 | +22.2% |
| Investment grants | 15 | €24,198 | €17,180 | -€7,018 | -29.0% |
| Provisions and deferred taxes | 16 | €1,882 | €1,413 | -€469 | -24.9% |
| Deferred taxes | 168 | €1,882 | €1,413 | -€469 | -24.9% |
| Amounts payable | 17/49 | €114,996 | €173,484 | +€58,488 | +50.9% |
| Amounts payable after more than one year | 17 | €113,692 | €171,111 | +€57,419 | +50.5% |
| Other amounts payable | 178/9 | €113,692 | €171,111 | +€57,419 | +50.5% |
| Amounts payable within one year | 42/48 | €1,304 | €2,373 | +€1,069 | +82.0% |
| Trade debts | 44 | €292 | €1,173 | +€881 | +302% |
| Suppliers | 440/4 | €292 | €1,173 | +€881 | +302% |
| Taxes, remuneration and social security | 45 | €1,012 | €1,200 | +€188 | +18.6% |
| Taxes | 450/3 | €12 | - | -€12 | |
| Remuneration and social security | 454/9 | €1,000 | €1,200 | +€200 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,196 | €43,128 | +€4,932 | +12.9% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Gross operating margin | 9900 | €38,461 | €45,083 | +€6,622 | +17.2% |
| Operating profit (loss) | 9901 | -€123 | €1,505 | +€1,628 | |
| Financial income | 75/76B | €89 | €0 | -€89 | -100.0% |
| Recurring financial income | 75 | €89 | €0 | -€89 | -100.0% |
| Financial charges | 65/66B | €422 | €424 | +€3 | +0.7% |
| Recurring financial charges | 65 | €422 | €424 | +€3 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€455 | €1,081 | +€1,536 | |
| Transfer from deferred taxes | 780 | €469 | €469 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | €14 | €1,550 | +€1,536 | +10,811% |
| Transfer from tax-exempt reserves | 789 | €400 | €400 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €414 | €1,950 | +€1,536 | +371% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.