Robalco: 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.
Robalco
Largest movements
- Cash +€17,118
up €17,118 (+14.7%), from €116,179 to €133,297
mainly Net result for the year (+€66,642) and Depreciation (+€17,236)
- Tangible fixed assets -€10,466
down €10,466 (-26.2%), from €39,920 to €29,454
of which Furniture and vehicles: -€10,304
- Tax, wage and social debts +€7,930
up €7,930 (+144.2%), from €5,499 to €13,429
- Gross operating margin +€16,650
up €16,650 (+18.0%), from €92,402 to €109,052
- Taxes +€3,351
up €3,351 (+14.6%), from €23,014 to €26,365
- Financial income -€2,069
down €2,069 (-42.4%), from €4,884 to €2,816
- Depreciation +€1,263
up €1,263 (+7.9%), from €15,973 to €17,236
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 | €322,991 | €331,835 | +€8,845 | +2.7% |
| Fixed assets | 21/28 | €64,920 | €54,454 | -€10,466 | -16.1% |
| Tangible fixed assets | 22/27 | €39,920 | €29,454 | -€10,466 | -26.2% |
| Land and buildings | 22 | €12,638 | €8,425 | -€4,213 | -33.3% |
| Plant, machinery and equipment | 23 | €5,234 | €9,285 | +€4,050 | +77.4% |
| Furniture and vehicles | 24 | €22,048 | €11,744 | -€10,304 | -46.7% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €258,070 | €277,382 | +€19,311 | +7.5% |
| Amounts receivable within one year | 40/41 | €39,126 | €40,885 | +€1,759 | +4.5% |
| Trade receivables | 40 | €171 | €0 | -€171 | -100.0% |
| Other amounts receivable | 41 | €38,955 | €40,885 | +€1,930 | +5.0% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,179 | €133,297 | +€17,118 | +14.7% |
| Deferred charges and accrued income | 490/1 | €2,765 | €3,199 | +€434 | +15.7% |
| Total equity and liabilities | 10/49 | €322,991 | €331,835 | +€8,845 | +2.7% |
| Equity | 10/15 | €313,466 | €315,691 | +€2,225 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €307,266 | €309,491 | +€2,225 | +0.7% |
| Distributable reserves | 133 | €307,266 | €309,491 | +€2,225 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,524 | €16,144 | +€6,620 | +69.5% |
| Amounts payable within one year | 42/48 | €9,524 | €16,144 | +€6,620 | +69.5% |
| Trade debts | 44 | €478 | €460 | -€18 | -3.7% |
| Suppliers | 440/4 | €478 | €460 | -€18 | -3.7% |
| Taxes, remuneration and social security | 45 | €5,499 | €13,429 | +€7,930 | +144.2% |
| Taxes | 450/3 | €5,499 | €13,429 | +€7,930 | +144.2% |
| Other amounts payable | 47/48 | €3,548 | €2,255 | -€1,293 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,973 | €17,236 | +€1,263 | +7.9% |
| Other operating charges | 640/8 | €1,299 | €1,134 | -€165 | -12.7% |
| Gross operating margin | 9900 | €92,402 | €109,052 | +€16,650 | +18.0% |
| Operating profit (loss) | 9901 | €75,130 | €90,682 | +€15,552 | +20.7% |
| Financial income | 75/76B | €4,884 | €2,816 | -€2,069 | -42.4% |
| Recurring financial income | 75 | €4,884 | €2,816 | -€2,069 | -42.4% |
| Financial charges | 65/66B | €500 | €491 | -€10 | -1.9% |
| Recurring financial charges | 65 | €500 | €491 | -€10 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €79,514 | €93,007 | +€13,493 | +17.0% |
| Income taxes | 67/77 | €23,014 | €26,365 | +€3,351 | +14.6% |
| Profit (loss) for the period | 9904 | €56,499 | €66,642 | +€10,142 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,499 | €66,642 | +€10,142 | +18.0% |
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 11 October 2026 via checked.be.