Robbe Wens: 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 Wens
Largest movements
- Receivables within one year +€90,290
up €90,290 (+938%), from €9,628 to €99,919
of which Other amounts receivable: +€86,746
- Cash -€27,224
down €27,224 (-46.0%), from €59,238 to €32,014
mainly Receivables within one year (-€90,290) and Contributions, distributions and other (-€3,000)
- Tangible fixed assets -€3,201
down €3,201 (-53.2%), from €6,013 to €2,812
of which Furniture and vehicles: -€2,839
- Profit (loss) carried forward +€52,692
up €52,692 (+96.9%), from €54,371 to €107,064
- Tax, wage and social debts +€5,092
up €5,092 (+32.0%), from €15,924 to €21,016
- Other debts +€2,542
up €2,542 (+205%), from €1,239 to €3,781
- Trade debts -€1,780
down €1,780 (-29.8%), from €5,970 to €4,190
- Gross operating margin +€31,277
up €31,277 (+71.3%), from €43,862 to €75,139
- Taxes +€4,404
up €4,404 (+41.3%), from €10,662 to €15,066
- Depreciation -€2,370
down €2,370 (-42.5%), from €5,571 to €3,201
- Other operating charges -€774
down €774 (-40.6%), from €1,907 to €1,133
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 | €78,505 | €137,051 | +€58,547 | +74.6% |
| Fixed assets | 21/28 | €6,013 | €2,812 | -€3,201 | -53.2% |
| Tangible fixed assets | 22/27 | €6,013 | €2,812 | -€3,201 | -53.2% |
| Plant, machinery and equipment | 23 | €408 | €46 | -€362 | -88.7% |
| Furniture and vehicles | 24 | €5,605 | €2,766 | -€2,839 | -50.6% |
| Current assets | 29/58 | €72,491 | €134,239 | +€61,747 | +85.2% |
| Amounts receivable after more than one year | 29 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Other amounts receivable | 291 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €9,628 | €99,919 | +€90,290 | +938% |
| Trade receivables | 40 | €9,625 | €13,169 | +€3,544 | +36.8% |
| Other amounts receivable | 41 | €4 | €86,750 | +€86,746 | +2,409,622% |
| Cash at bank and in hand | 54/58 | €59,238 | €32,014 | -€27,224 | -46.0% |
| Deferred charges and accrued income | 490/1 | €625 | €306 | -€319 | -51.0% |
| Total equity and liabilities | 10/49 | €78,505 | €137,051 | +€58,547 | +74.6% |
| Equity | 10/15 | €55,371 | €108,064 | +€52,692 | +95.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,371 | €107,064 | +€52,692 | +96.9% |
| Amounts payable | 17/49 | €23,133 | €28,987 | +€5,854 | +25.3% |
| Amounts payable within one year | 42/48 | €23,133 | €28,987 | +€5,854 | +25.3% |
| Trade debts | 44 | €5,970 | €4,190 | -€1,780 | -29.8% |
| Suppliers | 440/4 | €5,970 | €4,190 | -€1,780 | -29.8% |
| Taxes, remuneration and social security | 45 | €15,924 | €21,016 | +€5,092 | +32.0% |
| Taxes | 450/3 | €15,924 | €21,016 | +€5,092 | +32.0% |
| Other amounts payable | 47/48 | €1,239 | €3,781 | +€2,542 | +205% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,571 | €3,201 | -€2,370 | -42.5% |
| Other operating charges | 640/8 | €1,907 | €1,133 | -€774 | -40.6% |
| Gross operating margin | 9900 | €43,862 | €75,139 | +€31,277 | +71.3% |
| Operating profit (loss) | 9901 | €36,385 | €70,805 | +€34,421 | +94.6% |
| Financial income | 75/76B | €72 | €43 | -€29 | -40.2% |
| Recurring financial income | 75 | €72 | €43 | -€29 | -40.2% |
| Financial charges | 65/66B | €106 | €90 | -€16 | -15.4% |
| Recurring financial charges | 65 | €106 | €90 | -€16 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €36,350 | €70,758 | +€34,408 | +94.7% |
| Income taxes | 67/77 | €10,662 | €15,066 | +€4,404 | +41.3% |
| Profit (loss) for the period | 9904 | €25,689 | €55,692 | +€30,004 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €25,689 | €55,692 | +€30,004 | +117% |
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 25 October 2026 via checked.be.