ROBERT & MARIEN: 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 & MARIEN
NACE 73.110, Advertising agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,870
2024 · €449,696-€370,826
Equity
€31,374
2024 · €29,646+€1,728
Cash
€2.6m
2024 · €2.4m+€268,829
Balance sheet total
€8.4m
2024 · €8.1m+€309,864
Largest movements
Assets
- Cash +€268,829
up €268,829 (+11.4%), from €2.4m to €2.6m
mainly Trade debts (+€469,035) and Net result for the year (+€78,870)
Equity and liabilities
- Trade debts +€469,035
up €469,035 (+6.3%), from €7.4m to €7.9m
- Other debts -€257,858
down €257,858 (-57.3%), from €450,000 to €192,142
Income statement
- Turnover -€1.3m
down €1.3m (-6.4%), from €19.6m to €18.3m
- Services and other goods -€1.2m
down €1.2m (-35.6%), from €3.4m to €2.2m
- Goods and materials +€377,290
up €377,290 (+2.4%), from €15.5m to €15.9m
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
€449,696
Turnover
-€1.3m
Goods and materials
-€377,290
Services and other goods
+€1.2m
Depreciation
+€249
Other operating charges
-€53,639
Other operating items
-€726
Financial income
-€34,659
Financial charges
+€8,299
Taxes
+€126,554
Result 2025
€78,870
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
+€369,380
Investment
-€23,409
Financing
-€77,142
Cash 2024
€2.4m
From operations (derived)
+€369,380
Net result for the year
+€78,870
Depreciation
+€15,317
Receivables within one year
-€32,943
Trade debts
+€469,035
Tax, wage and social debts
+€33,319
Other debts
-€257,858
Accrued charges and deferred income
+€63,640
Investment (derived)
-€23,409
Investment in fixed assets (net)
-€23,409
Financing
-€77,142
Contributions, distributions and other
-€77,142
Cash 2025
€2.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,098,292 | €8,408,156 | +€309,864 | +3.8% |
| Fixed assets | 21/28 | €41,878 | €49,970 | +€8,092 | +19.3% |
| Tangible fixed assets | 22/27 | €41,878 | €49,970 | +€8,092 | +19.3% |
| Plant, machinery and equipment | 23 | €24,431 | €29,698 | +€5,267 | +21.6% |
| Furniture and vehicles | 24 | €17,447 | €20,272 | +€2,825 | +16.2% |
| Current assets | 29/58 | €8,056,414 | €8,358,186 | +€301,772 | +3.7% |
| Amounts receivable within one year | 40/41 | €5,688,326 | €5,721,269 | +€32,943 | +0.6% |
| Trade receivables | 40 | €5,029,419 | €5,020,622 | -€8,797 | -0.2% |
| Other amounts receivable | 41 | €658,907 | €700,647 | +€41,740 | +6.3% |
| Cash at bank and in hand | 54/58 | €2,368,088 | €2,636,917 | +€268,829 | +11.4% |
| Total equity and liabilities | 10/49 | €8,098,292 | €8,408,156 | +€309,864 | +3.8% |
| Equity | 10/15 | €29,646 | €31,374 | +€1,728 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,013 | €9,741 | +€1,728 | +21.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,153 | €7,881 | +€1,728 | +28.1% |
| Profit (loss) carried forward | 14 | €3,033 | €3,033 | = | 0.0% |
| Amounts payable | 17/49 | €8,068,646 | €8,376,782 | +€308,136 | +3.8% |
| Amounts payable within one year | 42/48 | €8,068,646 | €8,313,142 | +€244,496 | +3.0% |
| Trade debts | 44 | €7,438,129 | €7,907,164 | +€469,035 | +6.3% |
| Suppliers | 440/4 | €7,438,129 | €7,907,164 | +€469,035 | +6.3% |
| Taxes, remuneration and social security | 45 | €180,517 | €213,836 | +€33,319 | +18.5% |
| Taxes | 450/3 | €180,517 | €213,836 | +€33,319 | +18.5% |
| Other amounts payable | 47/48 | €450,000 | €192,142 | -€257,858 | -57.3% |
| Accrued charges and deferred income | 492/3 | - | €63,640 | +€63,640 | |
| Operating income | 70/76A | €19,553,120 | €18,297,435 | -€1.3m | -6.4% |
| Turnover | 70 | €19,553,120 | €18,297,435 | -€1.3m | -6.4% |
| Operating charges | 60/66A | €18,966,169 | €18,181,504 | -€784,665 | -4.1% |
| Goods for resale, raw materials and consumables | 60 | €15,528,486 | €15,905,776 | +€377,290 | +2.4% |
| Purchases | 600/8 | €15,528,486 | €15,905,776 | +€377,290 | +2.4% |
| Services and other goods | 61 | €3,420,239 | €2,204,168 | -€1.2m | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,566 | €15,317 | -€249 | -1.6% |
| Other operating charges | 640/8 | €1,878 | €55,517 | +€53,639 | +2856.2% |
| Non-recurring operating charges | 66A | - | €726 | +€726 | |
| Operating profit (loss) | 9901 | €586,951 | €115,931 | -€471,020 | -80.2% |
| Financial income | 75/76B | €40,298 | €5,639 | -€34,659 | -86.0% |
| Recurring financial income | 75 | €40,298 | €5,639 | -€34,659 | -86.0% |
| Income from financial fixed assets | 750 | €40,298 | €5,639 | -€34,659 | -86.0% |
| Financial charges | 65/66B | €10,339 | €2,040 | -€8,299 | -80.3% |
| Recurring financial charges | 65 | €10,339 | €2,040 | -€8,299 | -80.3% |
| Debt charges | 650 | €10,339 | €2,040 | -€8,299 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €616,910 | €119,530 | -€497,380 | -80.6% |
| Income taxes | 67/77 | €167,214 | €40,660 | -€126,554 | -75.7% |
| Taxes | 670/3 | €167,214 | €40,660 | -€126,554 | -75.7% |
| Profit (loss) for the period | 9904 | €449,696 | €78,870 | -€370,826 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €449,696 | €78,870 | -€370,826 | -82.5% |
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 6 October 2026 via checked.be.