ROBERT'IMMO: 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.
What changed
ROBERT'IMMO
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€429,135
2024 · €423,421+€5,715
Equity
€7.4m
2024 · €6.9m+€429,135
Cash
€11,470
2024 · €21,808-€10,338
Balance sheet total
€9.8m
2024 · €9.9m-€71,656
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€627,409
down €627,409 (-31.2%), from €2.0m to €1.4m
- Profit (loss) carried forward +€429,135
up €429,135 (+6.5%), from €6.6m to €7.0m
- Other debts +€117,813
up €117,813 (+115.5%), from €102,000 to €219,813
Income statement
- Financial charges -€16,267
down €16,267 (-20.7%), from €78,534 to €62,268
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.
Result 2024
€423,421
Gross operating margin
-€2,435
Depreciation
-€3,765
Other operating charges
-€2,553
Financial income
-€130
Financial charges
+€16,267
Taxes
-€1,670
Result 2025
€429,135
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.
From operations
+€681,692
Investment
-€93,180
Financing
-€598,850
Cash 2024
€21,808
From operations (derived)
+€681,692
Net result for the year
+€429,135
Depreciation
+€145,493
Receivables within one year
+€9,199
Smaller working-capital items
-€105
Tax, wage and social debts
-€19,843
Other debts
+€117,813
Investment (derived)
-€93,180
Investment in fixed assets (net)
-€93,180
Financing
-€598,850
Debts after one year
-€627,409
Current portion of long-term debt
+€28,559
Cash 2025
€11,470
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,863,479 | €9,791,823 | -€71,656 | -0.7% |
| Fixed assets | 21/28 | €9,830,118 | €9,777,806 | -€52,313 | -0.5% |
| Tangible fixed assets | 22/27 | €3,623,859 | €3,571,547 | -€52,313 | -1.4% |
| Land and buildings | 22 | €3,589,389 | €3,517,495 | -€71,894 | -2.0% |
| Furniture and vehicles | 24 | €34,471 | €2,878 | -€31,593 | -91.7% |
| Leasing and similar rights | 25 | - | €51,174 | +€51,174 | |
| Financial fixed assets | 28 | €6,206,259 | €6,206,259 | = | 0.0% |
| Current assets | 29/58 | €33,361 | €14,018 | -€19,343 | -58.0% |
| Amounts receivable within one year | 40/41 | €9,199 | - | -€9,199 | |
| Trade receivables | 40 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 41 | €4,199 | - | -€4,199 | |
| Cash at bank and in hand | 54/58 | €21,808 | €11,470 | -€10,338 | -47.4% |
| Deferred charges and accrued income | 490/1 | €2,354 | €2,548 | +€194 | +8.2% |
| Total equity and liabilities | 10/49 | €9,863,479 | €9,791,823 | -€71,656 | -0.7% |
| Equity | 10/15 | €6,936,766 | €7,365,901 | +€429,135 | +6.2% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,000 | €32,000 | = | 0.0% |
| Legal reserve | 130 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,584,766 | €7,013,901 | +€429,135 | +6.5% |
| Amounts payable | 17/49 | €2,926,713 | €2,425,922 | -€500,791 | -17.1% |
| Amounts payable after more than one year | 17 | €2,010,842 | €1,383,432 | -€627,409 | -31.2% |
| Financial debts | 170/4 | €2,010,842 | €1,383,432 | -€627,409 | -31.2% |
| Amounts payable within one year | 42/48 | €849,872 | €976,490 | +€126,618 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €692,736 | €721,295 | +€28,559 | +4.1% |
| Trade debts | 44 | €666 | €754 | +€89 | +13.3% |
| Suppliers | 440/4 | €666 | €754 | +€89 | +13.3% |
| Taxes, remuneration and social security | 45 | €54,470 | €34,627 | -€19,843 | -36.4% |
| Taxes | 450/3 | €54,470 | €34,627 | -€19,843 | -36.4% |
| Other amounts payable | 47/48 | €102,000 | €219,813 | +€117,813 | +115.5% |
| Accrued charges and deferred income | 492/3 | €66,000 | €66,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,728 | €145,493 | +€3,765 | +2.7% |
| Other operating charges | 640/8 | €511 | €3,064 | +€2,553 | +499.4% |
| Gross operating margin | 9900 | €785,543 | €783,109 | -€2,435 | -0.3% |
| Operating profit (loss) | 9901 | €643,304 | €634,551 | -€8,753 | -1.4% |
| Financial income | 75/76B | €130 | - | -€130 | |
| Recurring financial income | 75 | €130 | - | -€130 | |
| Financial charges | 65/66B | €78,534 | €62,268 | -€16,267 | -20.7% |
| Recurring financial charges | 65 | €78,534 | €62,268 | -€16,267 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €564,900 | €572,284 | +€7,384 | +1.3% |
| Income taxes | 67/77 | €141,479 | €143,148 | +€1,670 | +1.2% |
| Profit (loss) for the period | 9904 | €423,421 | €429,135 | +€5,715 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €423,421 | €429,135 | +€5,715 | +1.3% |
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 30 September 2026 via checked.be.