ROBERT INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Receivables within one year +€428,056
up €428,056 (+24.0%), from €1.8m to €2.2m
of which Other amounts receivable: +€471,986
- Cash +€130,054
up €130,054 (+62.4%), from €208,393 to €338,447
mainly Trade debts (+€581,105) and Deferred charges and accrued income (+€38,391)
- Deferred charges and accrued income -€38,391
down €38,391 (-51.5%), from €74,567 to €36,175
- Trade debts +€581,105
up €581,105 (+158%), from €366,764 to €947,869
- Short-term financial debts -€75,386
down €75,386 (-17.7%), from €425,386 to €350,000
- Profit (loss) carried forward +€38,036
up €38,036 (+3.4%), from €1.1m to €1.1m
- Gross operating margin -€159,859
down €159,859 (-45.1%), from €354,643 to €194,784
- Staff costs -€63,055
down €63,055 (-38.2%), from €165,065 to €102,010
- Provisions +€40,395
no longer reported in 2025 (was -€40,395)
- Taxes -€37,027
down €37,027 (-83.9%), from €44,148 to €7,122
- Financial charges +€7,008
up €7,008 (+57.1%), from €12,269 to €19,277
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.
Derived cash bridge
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 | €2,128,657 | €2,622,356 | +€493,699 | +23.2% |
| Fixed assets | 21/28 | €62,383 | €36,362 | -€26,020 | -41.7% |
| Tangible fixed assets | 22/27 | €62,383 | €36,362 | -€26,020 | -41.7% |
| Furniture and vehicles | 24 | €2,392 | €1,897 | -€495 | -20.7% |
| Leasing and similar rights | 25 | €51,551 | €27,898 | -€23,652 | -45.9% |
| Other tangible fixed assets | 26 | €8,440 | €6,567 | -€1,873 | -22.2% |
| Current assets | 29/58 | €2,066,274 | €2,585,993 | +€519,719 | +25.2% |
| Amounts receivable within one year | 40/41 | €1,783,315 | €2,211,371 | +€428,056 | +24.0% |
| Trade receivables | 40 | €789,971 | €746,041 | -€43,930 | -5.6% |
| Other amounts receivable | 41 | €993,344 | €1,465,330 | +€471,986 | +47.5% |
| Cash at bank and in hand | 54/58 | €208,393 | €338,447 | +€130,054 | +62.4% |
| Deferred charges and accrued income | 490/1 | €74,567 | €36,175 | -€38,391 | -51.5% |
| Total equity and liabilities | 10/49 | €2,128,657 | €2,622,356 | +€493,699 | +23.2% |
| Equity | 10/15 | €1,206,292 | €1,244,328 | +€38,036 | +3.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €86,200 | €86,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,110,092 | €1,148,128 | +€38,036 | +3.4% |
| Amounts payable | 17/49 | €922,365 | €1,378,028 | +€455,663 | +49.4% |
| Amounts payable after more than one year | 17 | €23,929 | €10,311 | -€13,618 | -56.9% |
| Financial debts | 170/4 | €23,929 | €10,311 | -€13,618 | -56.9% |
| Amounts payable within one year | 42/48 | €898,437 | €1,367,717 | +€469,281 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €19,161 | €12,649 | -€6,512 | -34.0% |
| Financial debts | 43 | €425,386 | €350,000 | -€75,386 | -17.7% |
| Credit institutions | 430/8 | €425,386 | €350,000 | -€75,386 | -17.7% |
| Trade debts | 44 | €366,764 | €947,869 | +€581,105 | +158% |
| Suppliers | 440/4 | €366,764 | €947,869 | +€581,105 | +158% |
| Taxes, remuneration and social security | 45 | €27,752 | €18,468 | -€9,284 | -33.5% |
| Taxes | 450/3 | €2,296 | €7,123 | +€4,827 | +210% |
| Remuneration and social security | 454/9 | €25,455 | €11,345 | -€14,111 | -55.4% |
| Other amounts payable | 47/48 | €59,374 | €38,732 | -€20,642 | -34.8% |
| Remuneration, social security and pensions | 62 | €165,065 | €102,010 | -€63,055 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,717 | €26,020 | +€304 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,500 | -€1,500 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€40,395 | - | +€40,395 | |
| Other operating charges | 640/8 | €3,773 | €3,821 | +€49 | +1.3% |
| Non-recurring operating charges | 66A | €28,107 | - | -€28,107 | |
| Gross operating margin | 9900 | €354,643 | €194,784 | -€159,859 | -45.1% |
| Operating profit (loss) | 9901 | €172,377 | €64,432 | -€107,945 | -62.6% |
| Financial income | 75/76B | €40 | €3 | -€37 | -93.2% |
| Recurring financial income | 75 | €40 | €3 | -€37 | -93.2% |
| Financial charges | 65/66B | €12,269 | €19,277 | +€7,008 | +57.1% |
| Recurring financial charges | 65 | €12,269 | €19,277 | +€7,008 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €160,148 | €45,157 | -€114,990 | -71.8% |
| Income taxes | 67/77 | €44,148 | €7,122 | -€37,027 | -83.9% |
| Profit (loss) for the period | 9904 | €115,999 | €38,036 | -€77,964 | -67.2% |
| Transfer to tax-exempt reserves | 689 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,799 | €38,036 | +€6,236 | +19.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.