ROBANGEL: 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.
ROBANGEL
Largest movements
- Cash +€15,102
up €15,102 (+11.3%), from €134,215 to €149,317
mainly Other debts (+€38,142) and Depreciation (+€31,605)
- Stocks and contracts +€9,975
up €9,975 (+116%), from €8,625 to €18,600
- Intangible fixed assets -€7,200
down €7,200 (-33.3%), from €21,600 to €14,400
- Receivables within one year +€5,951
up €5,951 (+21.8%), from €27,342 to €33,294
of which Trade receivables: +€5,959
- Tangible fixed assets +€4,607
up €4,607 (+4.3%), from €106,234 to €110,840
of which Plant, machinery and equipment: +€7,168
- Other debts +€38,142
up €38,142 (+23.7%), from €161,157 to €199,298
- Trade debts -€16,691
down €16,691 (-29.7%), from €56,212 to €39,520
- Tax, wage and social debts +€12,005
up €12,005 (+25.9%), from €46,268 to €58,273
of which Remuneration and social security: +€7,680
- Current portion of long-term debt -€5,405
down €5,405 (-46.9%), from €11,530 to €6,125
- Staff costs +€77,899
up €77,899 (+33.9%), from €229,606 to €307,505
- Gross operating margin +€77,306
up €77,306 (+25.6%), from €301,418 to €378,724
- Depreciation +€5,015
up €5,015 (+18.9%), from €26,590 to €31,605
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 | €301,303 | €329,962 | +€28,660 | +9.5% |
| Fixed assets | 21/28 | €127,834 | €125,240 | -€2,593 | -2.0% |
| Intangible fixed assets | 21 | €21,600 | €14,400 | -€7,200 | -33.3% |
| Tangible fixed assets | 22/27 | €106,234 | €110,840 | +€4,607 | +4.3% |
| Plant, machinery and equipment | 23 | €10,947 | €18,116 | +€7,168 | +65.5% |
| Furniture and vehicles | 24 | €5,891 | €7,693 | +€1,801 | +30.6% |
| Other tangible fixed assets | 26 | €89,395 | €85,032 | -€4,363 | -4.9% |
| Current assets | 29/58 | €173,469 | €204,722 | +€31,253 | +18.0% |
| Stocks and contracts in progress | 3 | €8,625 | €18,600 | +€9,975 | +116% |
| Stocks | 30/36 | €8,625 | €18,600 | +€9,975 | +116% |
| Amounts receivable within one year | 40/41 | €27,342 | €33,294 | +€5,951 | +21.8% |
| Trade receivables | 40 | €27,330 | €33,290 | +€5,959 | +21.8% |
| Other amounts receivable | 41 | €12 | €4 | -€8 | -66.5% |
| Cash at bank and in hand | 54/58 | €134,215 | €149,317 | +€15,102 | +11.3% |
| Deferred charges and accrued income | 490/1 | €3,286 | €3,511 | +€225 | +6.8% |
| Total equity and liabilities | 10/49 | €301,303 | €329,962 | +€28,660 | +9.5% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €280,843 | €309,502 | +€28,660 | +10.2% |
| Amounts payable after more than one year | 17 | €2,822 | €4,294 | +€1,472 | +52.2% |
| Financial debts | 170/4 | €2,822 | €4,294 | +€1,472 | +52.2% |
| Amounts payable within one year | 42/48 | €275,166 | €303,217 | +€28,050 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €11,530 | €6,125 | -€5,405 | -46.9% |
| Trade debts | 44 | €56,212 | €39,520 | -€16,691 | -29.7% |
| Suppliers | 440/4 | €56,212 | €39,520 | -€16,691 | -29.7% |
| Taxes, remuneration and social security | 45 | €46,268 | €58,273 | +€12,005 | +25.9% |
| Taxes | 450/3 | €16,578 | €20,904 | +€4,326 | +26.1% |
| Remuneration and social security | 454/9 | €29,689 | €37,369 | +€7,680 | +25.9% |
| Other amounts payable | 47/48 | €161,157 | €199,298 | +€38,142 | +23.7% |
| Accrued charges and deferred income | 492/3 | €2,854 | €1,992 | -€863 | -30.2% |
| Remuneration, social security and pensions | 62 | €229,606 | €307,505 | +€77,899 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,590 | €31,605 | +€5,015 | +18.9% |
| Other operating charges | 640/8 | €2,868 | €2,856 | -€12 | -0.4% |
| Non-recurring operating charges | 66A | €13,666 | €891 | -€12,775 | -93.5% |
| Gross operating margin | 9900 | €301,418 | €378,724 | +€77,306 | +25.6% |
| Operating profit (loss) | 9901 | €28,688 | €35,867 | +€7,179 | +25.0% |
| Financial income | 75/76B | €19 | €150 | +€131 | +685% |
| Recurring financial income | 75 | €19 | €150 | +€131 | +685% |
| Financial charges | 65/66B | €8,171 | €9,433 | +€1,262 | +15.4% |
| Recurring financial charges | 65 | €8,171 | €9,433 | +€1,262 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €20,536 | €26,584 | +€6,048 | +29.5% |
| Income taxes | 67/77 | €7,328 | €5,322 | -€2,007 | -27.4% |
| Profit (loss) for the period | 9904 | €13,207 | €21,262 | +€8,055 | +61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,207 | €21,262 | +€8,055 | +61.0% |
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 16 October 2026 via checked.be.