Robert et Partners: 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.
Robert et Partners
Largest movements
- Tangible fixed assets +€17,479
up €17,479 (+110%), from €15,869 to €33,348
- Stocks and contracts +€15,000
new in 2019: €15,000
- Receivables within one year +€11,838
up €11,838 (+91.5%), from €12,931 to €24,768
- Cash -€2,347
down €2,347 (-33.4%), from €7,016 to €4,670
mainly Investment in fixed assets (net) (-€30,365) and Stocks and contracts (-€15,000)
- Debts within one year +€22,882
up €22,882 (+167%), from €13,729 to €36,612
- Debts after one year +€11,554
up €11,554 (+111%), from €10,436 to €21,989
- Profit (loss) carried forward +€7,534
up €7,534 (+68.5%), from €10,991 to €18,526
- Turnover -€49,573
down €49,573 (-15.9%), from €312,518 to €262,946
- Gross operating margin +€32,484
up €32,484, from -€5,024 to €27,460
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,816 | €77,787 | +€41,970 | +117% |
| Fixed assets | 21/28 | €15,869 | €33,348 | +€17,479 | +110% |
| Tangible fixed assets | 22/27 | €15,869 | €33,348 | +€17,479 | +110% |
| Current assets | 29/58 | €19,947 | €44,438 | +€24,491 | +123% |
| Stocks and contracts in progress | 3 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €12,931 | €24,768 | +€11,838 | +91.5% |
| Cash at bank and in hand | 54/58 | €7,016 | €4,670 | -€2,347 | -33.4% |
| Total equity and liabilities | 10/49 | €35,816 | €77,787 | +€41,970 | +117% |
| Equity | 10/15 | €11,651 | €19,186 | +€7,534 | +64.7% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €60 | €60 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,991 | €18,526 | +€7,534 | +68.5% |
| Amounts payable | 17/49 | €24,165 | €58,601 | +€34,436 | +143% |
| Amounts payable after more than one year | 17 | €10,436 | €21,989 | +€11,554 | +111% |
| Amounts payable within one year | 42/48 | €13,729 | €36,612 | +€22,882 | +167% |
| Trade debts | 44 | €1,644 | €5,734 | +€4,090 | +249% |
| Turnover | 70 | €312,518 | €262,946 | -€49,573 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,085 | €12,886 | +€802 | +6.6% |
| Gross operating margin | 9900 | -€5,024 | €27,460 | +€32,484 | |
| Operating profit (loss) | 9901 | -€23,237 | €8,829 | +€32,067 | |
| Recurring financial income | 75 | €34 | €151 | +€116 | +339% |
| Recurring financial charges | 65 | €2,370 | €1,446 | -€925 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,573 | €7,534 | +€33,108 | |
| Income taxes | 67/77 | €541 | - | -€541 | |
| Profit (loss) for the period | 9904 | -€26,115 | €7,534 | +€33,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,115 | €7,534 | +€33,649 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.