ROBERTISSIMO: 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.
ROBERTISSIMO
Largest movements
- Receivables within one year -€57,211
down €57,211 (-21.1%), from €271,607 to €214,396
of which Other amounts receivable: -€49,229
- Formation expenses +€32,456
new in 2025: €32,456
- Tangible fixed assets +€5,426
up €5,426 (+36.0%), from €15,080 to €20,506
of which Plant, machinery and equipment: +€4,041
- Profit (loss) carried forward -€153,053
down €153,053 (-59.4%), from -€257,615 to -€410,668
- Tax, wage and social debts +€139,810
up €139,810 (+97.6%), from €143,249 to €283,059
of which Remuneration and social security: +€95,138
- Advances received +€30,370
new in 2025: €30,370
- Other debts -€22,159
down €22,159 (-9.6%), from €230,681 to €208,522
- Current portion of long-term debt -€15,624
no longer reported in 2025 (was €15,624)
- Staff costs +€91,236
up €91,236 (+16.2%), from €561,824 to €653,060
- Gross operating margin +€71,189
up €71,189 (+15.3%), from €464,549 to €535,738
- Other operating charges +€29,430
up €29,430 (+260.1%), from €11,317 to €40,747
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 | €328,602 | €308,580 | -€20,022 | -6.1% |
| Formation expenses | 20 | - | €32,456 | +€32,456 | |
| Fixed assets | 21/28 | €18,297 | €23,723 | +€5,426 | +29.7% |
| Tangible fixed assets | 22/27 | €15,080 | €20,506 | +€5,426 | +36.0% |
| Plant, machinery and equipment | 23 | €1,808 | €5,849 | +€4,041 | +223.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €13,272 | €14,657 | +€1,385 | +10.4% |
| Financial fixed assets | 28 | €3,217 | €3,217 | = | 0.0% |
| Current assets | 29/58 | €310,305 | €252,401 | -€57,904 | -18.7% |
| Stocks and contracts in progress | 3 | €31,626 | €33,420 | +€1,794 | +5.7% |
| Stocks | 30/36 | €31,626 | €33,420 | +€1,794 | +5.7% |
| Amounts receivable within one year | 40/41 | €271,607 | €214,396 | -€57,211 | -21.1% |
| Trade receivables | 40 | €35,152 | €27,171 | -€7,982 | -22.7% |
| Other amounts receivable | 41 | €236,455 | €187,226 | -€49,229 | -20.8% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,775 | €4,583 | -€2,191 | -32.3% |
| Deferred charges and accrued income | 490/1 | €296 | - | -€296 | |
| Total equity and liabilities | 10/49 | €328,602 | €308,580 | -€20,022 | -6.1% |
| Equity | 10/15 | -€239,015 | -€392,068 | -€153,053 | -64.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,615 | -€410,668 | -€153,053 | -59.4% |
| Amounts payable | 17/49 | €567,618 | €700,648 | +€133,030 | +23.4% |
| Amounts payable after more than one year | 17 | - | €5,000 | +€5,000 | |
| Other amounts payable | 178/9 | - | €5,000 | +€5,000 | |
| Amounts payable within one year | 42/48 | €518,225 | €655,361 | +€137,136 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €15,624 | - | -€15,624 | |
| Financial debts | 43 | €5,326 | €5,348 | +€22 | +0.4% |
| Credit institutions | 430/8 | €5,326 | €5,348 | +€22 | +0.4% |
| Trade debts | 44 | €123,347 | €128,063 | +€4,716 | +3.8% |
| Suppliers | 440/4 | €123,347 | €128,063 | +€4,716 | +3.8% |
| Advances received on contracts in progress | 46 | - | €30,370 | +€30,370 | |
| Taxes, remuneration and social security | 45 | €143,249 | €283,059 | +€139,810 | +97.6% |
| Taxes | 450/3 | €49,201 | €93,873 | +€44,672 | +90.8% |
| Remuneration and social security | 454/9 | €94,048 | €189,186 | +€95,138 | +101.2% |
| Other amounts payable | 47/48 | €230,681 | €208,522 | -€22,159 | -9.6% |
| Accrued charges and deferred income | 492/3 | €49,392 | €40,286 | -€9,106 | -18.4% |
| Remuneration, social security and pensions | 62 | €561,824 | €653,060 | +€91,236 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,860 | €7,945 | +€4,085 | +105.8% |
| Other operating charges | 640/8 | €11,317 | €40,747 | +€29,430 | +260.1% |
| Operating charges capitalised as restructuring costs | 649 | - | -€36,117 | -€36,117 | |
| Gross operating margin | 9900 | €464,549 | €535,738 | +€71,189 | +15.3% |
| Operating profit (loss) | 9901 | -€112,451 | -€129,896 | -€17,445 | -15.5% |
| Financial income | 75/76B | €36 | €133 | +€98 | +273.2% |
| Recurring financial income | 75 | €36 | €133 | +€98 | +273.2% |
| Financial charges | 65/66B | €27,612 | €23,049 | -€4,563 | -16.5% |
| Recurring financial charges | 65 | €27,612 | €23,049 | -€4,563 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€140,027 | -€152,811 | -€12,784 | -9.1% |
| Income taxes | 67/77 | €308 | €241 | -€67 | -21.8% |
| Profit (loss) for the period | 9904 | -€140,336 | -€153,053 | -€12,717 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€140,336 | -€153,053 | -€12,717 | -9.1% |
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 29 September 2026 via checked.be.