ROBELBUS: 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.
ROBELBUS
Largest movements
- Cash -€38,258
down €38,258 (-13.0%), from €294,407 to €256,149
mainly Net result for the year (-€42,318) and Trade debts (-€1,005)
- Receivables within one year -€5,069
down €5,069 (-21.8%), from €23,277 to €18,209
of which Trade receivables: -€4,572
- Profit (loss) carried forward -€42,318
new in 2025: -€42,318
- Gross operating margin -€108,704
down €108,704, from €69,423 to -€39,280
- Taxes -€17,464
down €17,464 (-98.5%), from €17,729 to €265
- Other operating charges -€2,312
down €2,312 (-77.1%), from €2,998 to €686
- Financial charges -€1,094
down €1,094 (-43.3%), from €2,523 to €1,429
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 | €323,075 | €278,336 | -€44,739 | -13.8% |
| Fixed assets | 21/28 | €781 | €124 | -€657 | -84.1% |
| Tangible fixed assets | 22/27 | €781 | €124 | -€657 | -84.1% |
| Furniture and vehicles | 24 | €781 | €124 | -€657 | -84.1% |
| Current assets | 29/58 | €322,294 | €278,212 | -€44,082 | -13.7% |
| Amounts receivable within one year | 40/41 | €23,277 | €18,209 | -€5,069 | -21.8% |
| Trade receivables | 40 | €6,007 | €1,435 | -€4,572 | -76.1% |
| Other amounts receivable | 41 | €17,271 | €16,774 | -€497 | -2.9% |
| Cash at bank and in hand | 54/58 | €294,407 | €256,149 | -€38,258 | -13.0% |
| Deferred charges and accrued income | 490/1 | €4,610 | €3,854 | -€755 | -16.4% |
| Total equity and liabilities | 10/49 | €323,075 | €278,336 | -€44,739 | -13.8% |
| Equity | 10/15 | €316,705 | €274,386 | -€42,318 | -13.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €311,705 | €311,705 | = | 0.0% |
| Distributable reserves | 133 | €311,705 | €311,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€42,318 | -€42,318 | |
| Amounts payable | 17/49 | €6,371 | €3,949 | -€2,421 | -38.0% |
| Amounts payable within one year | 42/48 | €6,371 | €3,949 | -€2,421 | -38.0% |
| Trade debts | 44 | €4,916 | €3,911 | -€1,005 | -20.4% |
| Suppliers | 440/4 | €4,916 | €3,911 | -€1,005 | -20.4% |
| Taxes, remuneration and social security | 45 | €728 | - | -€728 | |
| Taxes | 450/3 | €728 | - | -€728 | |
| Other amounts payable | 47/48 | €727 | €39 | -€689 | -94.7% |
| Non-recurring operating income | 76A | €17,580 | - | -€17,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €657 | €657 | = | 0.0% |
| Other operating charges | 640/8 | €2,998 | €686 | -€2,312 | -77.1% |
| Gross operating margin | 9900 | €69,423 | -€39,280 | -€108,704 | |
| Operating profit (loss) | 9901 | €65,768 | -€40,624 | -€106,392 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,523 | €1,429 | -€1,094 | -43.3% |
| Recurring financial charges | 65 | €2,523 | €1,429 | -€1,094 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €63,245 | -€42,053 | -€105,299 | |
| Income taxes | 67/77 | €17,729 | €265 | -€17,464 | -98.5% |
| Profit (loss) for the period | 9904 | €45,516 | -€42,318 | -€87,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,516 | -€42,318 | -€87,834 |
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 10 October 2026 via checked.be.