Robbert Hendriks: what changed
Two fiscal 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.
Robbert Hendriks
Largest movements
- Cash -€3,741
down €3,741 (-6.4%), from €58,634 to €54,893
mainly Contributions, distributions and other (-€176,471) and Receivables within one year (-€497)
- Reserves -€3,231
down €3,231 (-5.5%), from €59,118 to €55,887
- Financial income +€24,972
up €24,972 (+16.6%), from €150,525 to €175,497
- Gross operating margin -€242
down €242 (-17.9%), from -€1,355 to -€1,598
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 | €77,681 | €74,437 | -€3,244 | -4.2% |
| Fixed assets | 21/28 | €10,120 | €10,120 | = | 0.0% |
| Financial fixed assets | 28 | €10,120 | €10,120 | = | 0.0% |
| Current assets | 29/58 | €67,561 | €64,317 | -€3,244 | -4.8% |
| Amounts receivable within one year | 40/41 | €8,926 | €9,423 | +€497 | +5.6% |
| Other amounts receivable | 41 | €8,926 | €9,423 | +€497 | +5.6% |
| Cash at bank and in hand | 54/58 | €58,634 | €54,893 | -€3,741 | -6.4% |
| Total equity and liabilities | 10/49 | €77,681 | €74,437 | -€3,244 | -4.2% |
| Equity | 10/15 | €77,668 | €74,437 | -€3,231 | -4.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €59,118 | €55,887 | -€3,231 | -5.5% |
| Distributable reserves | 133 | €59,118 | €55,887 | -€3,231 | -5.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13 | €0 | -€13 | -100.0% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,355 | -€1,598 | -€242 | -17.9% |
| Operating profit (loss) | 9901 | -€1,860 | -€2,117 | -€257 | -13.8% |
| Financial income | 75/76B | €150,525 | €175,497 | +€24,972 | +16.6% |
| Recurring financial income | 75 | €150,525 | €175,497 | +€24,972 | +16.6% |
| Financial charges | 65/66B | €153 | €140 | -€13 | -8.4% |
| Recurring financial charges | 65 | €153 | €140 | -€13 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €148,511 | €173,240 | +€24,728 | +16.7% |
| Profit (loss) for the period | 9904 | €148,511 | €173,240 | +€24,728 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,511 | €173,240 | +€24,728 | +16.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.