ROBBY ACKERMANS: 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.
ROBBY ACKERMANS
Largest movements
- Tangible fixed assets -€67,022
down €67,022 (-9.3%), from €720,162 to €653,140
of which Land and buildings: -€47,422
- Debts after one year -€70,984
down €70,984 (-8.0%), from €889,864 to €818,880
- Profit (loss) carried forward +€41,604
up €41,604 (+17.9%), from -€232,324 to -€190,720
- Current portion of long-term debt -€14,300
down €14,300 (-17.1%), from €83,646 to €69,346
- Other debts -€13,625
down €13,625 (-5.8%), from €235,170 to €221,545
- Gross operating margin +€27,295
up €27,295 (+18.9%), from €144,133 to €171,429
- Taxes -€24,073
down €24,073 (-58.9%), from €40,856 to €16,783
- Depreciation -€16,683
down €16,683 (-18.5%), from €90,259 to €73,576
- Other operating charges +€2,941
up €2,941 (+37.7%), from €7,807 to €10,748
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 | €1,013,386 | €949,418 | -€63,968 | -6.3% |
| Fixed assets | 21/28 | €760,162 | €693,140 | -€67,022 | -8.8% |
| Tangible fixed assets | 22/27 | €720,162 | €653,140 | -€67,022 | -9.3% |
| Land and buildings | 22 | €594,535 | €547,112 | -€47,422 | -8.0% |
| Plant, machinery and equipment | 23 | €31,084 | €32,040 | +€956 | +3.1% |
| Furniture and vehicles | 24 | €94,543 | €73,988 | -€20,555 | -21.7% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €253,225 | €256,278 | +€3,054 | +1.2% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,015 | €28,638 | +€2,623 | +10.1% |
| Trade receivables | 40 | €26,015 | €27,225 | +€1,210 | +4.7% |
| Other amounts receivable | 41 | - | €1,413 | +€1,413 | |
| Current investments | 50/53 | €4,686 | €4,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,366 | €26,467 | -€899 | -3.3% |
| Deferred charges and accrued income | 490/1 | €5,158 | €6,488 | +€1,330 | +25.8% |
| Total equity and liabilities | 10/49 | €1,013,386 | €949,418 | -€63,968 | -6.3% |
| Equity | 10/15 | -€219,924 | -€178,320 | +€41,604 | +18.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,324 | -€190,720 | +€41,604 | +17.9% |
| Amounts payable | 17/49 | €1,233,311 | €1,127,738 | -€105,572 | -8.6% |
| Amounts payable after more than one year | 17 | €889,864 | €818,880 | -€70,984 | -8.0% |
| Financial debts | 170/4 | €889,864 | €818,880 | -€70,984 | -8.0% |
| Amounts payable within one year | 42/48 | €343,447 | €308,859 | -€34,588 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €83,646 | €69,346 | -€14,300 | -17.1% |
| Trade debts | 44 | €8,819 | €8,186 | -€632 | -7.2% |
| Suppliers | 440/4 | €8,819 | €8,186 | -€632 | -7.2% |
| Taxes, remuneration and social security | 45 | €15,812 | €9,781 | -€6,031 | -38.1% |
| Taxes | 450/3 | €14,212 | €8,181 | -€6,031 | -42.4% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €235,170 | €221,545 | -€13,625 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,259 | €73,576 | -€16,683 | -18.5% |
| Other operating charges | 640/8 | €7,807 | €10,748 | +€2,941 | +37.7% |
| Gross operating margin | 9900 | €144,133 | €171,429 | +€27,295 | +18.9% |
| Operating profit (loss) | 9901 | €46,068 | €87,105 | +€41,038 | +89.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | +545.2% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +545.2% |
| Financial charges | 65/66B | €28,822 | €28,720 | -€102 | -0.4% |
| Recurring financial charges | 65 | €28,822 | €28,720 | -€102 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €17,246 | €58,387 | +€41,141 | +238.6% |
| Income taxes | 67/77 | €40,856 | €16,783 | -€24,073 | -58.9% |
| Profit (loss) for the period | 9904 | -€23,610 | €41,604 | +€65,214 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,610 | €41,604 | +€65,214 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.