ROBBE TACK NOT: 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.
ROBBE TACK NOT
Largest movements
- Tangible fixed assets +€39,698
up €39,698 (+3.7%), from €1.1m to €1.1m
of which Furniture and vehicles: +€68,953
- Current investments -€32,094
down €32,094 (-9.0%), from €356,258 to €324,164
- Cash +€27,662
up €27,662 (+46.0%), from €60,182 to €87,844
mainly Other debts (+€186,564) and Net result for the year (+€171,286)
- Reserves -€190,000
down €190,000 (-55.9%), from €340,102 to €150,102
of which Distributable reserves: -€190,000
- Other debts +€186,564
up €186,564 (+120%), from €155,000 to €341,564
- Profit (loss) carried forward +€21,286
up €21,286 (+393%), from €5,417 to €26,703
- Tax, wage and social debts +€20,914
up €20,914 (+33.1%), from €63,166 to €84,080
of which Taxes: +€23,561
- Gross operating margin +€75,470
up €75,470 (+41.0%), from €184,177 to €259,647
- Depreciation +€6,089
up €6,089 (+20.0%), from €30,456 to €36,545
- Financial income +€3,968
up €3,968 (+39.7%), from €9,996 to €13,964
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 | €1,501,190 | €1,539,917 | +€38,727 | +2.6% |
| Fixed assets | 21/28 | €1,084,750 | €1,124,448 | +€39,698 | +3.7% |
| Tangible fixed assets | 22/27 | €1,084,750 | €1,124,448 | +€39,698 | +3.7% |
| Land and buildings | 22 | €1,047,123 | €1,017,868 | -€29,255 | -2.8% |
| Furniture and vehicles | 24 | €37,627 | €106,580 | +€68,953 | +183% |
| Current assets | 29/58 | €416,440 | €415,469 | -€971 | -0.2% |
| Amounts receivable within one year | 40/41 | - | €3,461 | +€3,461 | |
| Trade receivables | 40 | - | €3,461 | +€3,461 | |
| Current investments | 50/53 | €356,258 | €324,164 | -€32,094 | -9.0% |
| Cash at bank and in hand | 54/58 | €60,182 | €87,844 | +€27,662 | +46.0% |
| Total equity and liabilities | 10/49 | €1,501,190 | €1,539,917 | +€38,727 | +2.6% |
| Equity | 10/15 | €364,119 | €195,405 | -€168,714 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €340,102 | €150,102 | -€190,000 | -55.9% |
| Tax-exempt reserves | 132 | €102 | €102 | = | 0.0% |
| Distributable reserves | 133 | €340,000 | €150,000 | -€190,000 | -55.9% |
| Profit (loss) carried forward | 14 | €5,417 | €26,703 | +€21,286 | +393% |
| Amounts payable | 17/49 | €1,137,071 | €1,344,512 | +€207,441 | +18.2% |
| Amounts payable after more than one year | 17 | €859,945 | €846,593 | -€13,352 | -1.6% |
| Financial debts | 170/4 | €859,945 | €846,593 | -€13,352 | -1.6% |
| Amounts payable within one year | 42/48 | €277,126 | €497,919 | +€220,793 | +79.7% |
| Current portion of amounts payable after more than one year | 42 | €58,960 | €72,275 | +€13,315 | +22.6% |
| Taxes, remuneration and social security | 45 | €63,166 | €84,080 | +€20,914 | +33.1% |
| Taxes | 450/3 | €60,519 | €84,080 | +€23,561 | +38.9% |
| Remuneration and social security | 454/9 | €2,647 | - | -€2,647 | |
| Other amounts payable | 47/48 | €155,000 | €341,564 | +€186,564 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,456 | €36,545 | +€6,089 | +20.0% |
| Other operating charges | 640/8 | €2,421 | €3,287 | +€866 | +35.8% |
| Gross operating margin | 9900 | €184,177 | €259,647 | +€75,470 | +41.0% |
| Operating profit (loss) | 9901 | €151,300 | €219,815 | +€68,515 | +45.3% |
| Financial income | 75/76B | €9,996 | €13,964 | +€3,968 | +39.7% |
| Recurring financial income | 75 | €9,996 | €13,964 | +€3,968 | +39.7% |
| Financial charges | 65/66B | €15,458 | €15,905 | +€447 | +2.9% |
| Recurring financial charges | 65 | €15,458 | €15,905 | +€447 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €145,838 | €217,874 | +€72,036 | +49.4% |
| Income taxes | 67/77 | €47,661 | €46,588 | -€1,073 | -2.3% |
| Profit (loss) for the period | 9904 | €98,177 | €171,286 | +€73,109 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €98,177 | €171,286 | +€73,109 | +74.5% |
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.