Robertson: 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.
Robertson
Largest movements
- Tangible fixed assets -€1,172
down €1,172 (-100.0%), from €1,172 to €0
- Receivables after one year -€1,066
down €1,066 (-19.2%), from €5,543 to €4,477
- Cash -€202
down €202 (-99.7%), from €203 to €1
mainly Net result for the year (-€2,642)
- Deferred charges and accrued income -€202
down €202 (-63.2%), from €320 to €118
- Profit (loss) carried forward -€2,642
down €2,642 (-31.2%), from -€8,459 to -€11,101
- Depreciation -€2,315
down €2,315 (-66.4%), from €3,487 to €1,172
- Other operating charges -€958
down €958 (-59.8%), from €1,602 to €644
- Gross operating margin -€120
down €120 (-15.8%), from -€757 to -€876
- Financial charges -€32
down €32 (-32.0%), from €100 to €68
- Financial income -€17
down €17 (-12.7%), from €135 to €118
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,238 | €4,596 | -€2,642 | -36.5% |
| Fixed assets | 21/28 | €1,172 | €0 | -€1,172 | -100.0% |
| Tangible fixed assets | 22/27 | €1,172 | €0 | -€1,172 | -100.0% |
| Plant, machinery and equipment | 23 | €1,172 | €0 | -€1,172 | -100.0% |
| Current assets | 29/58 | €6,066 | €4,596 | -€1,470 | -24.2% |
| Amounts receivable after more than one year | 29 | €5,543 | €4,477 | -€1,066 | -19.2% |
| Other amounts receivable | 291 | €5,543 | €4,477 | -€1,066 | -19.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €203 | €1 | -€202 | -99.7% |
| Deferred charges and accrued income | 490/1 | €320 | €118 | -€202 | -63.2% |
| Total equity and liabilities | 10/49 | €7,238 | €4,596 | -€2,642 | -36.5% |
| Equity | 10/15 | €7,238 | €4,596 | -€2,642 | -36.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,697 | €14,697 | = | 0.0% |
| Distributable reserves | 133 | €14,697 | €14,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,459 | -€11,101 | -€2,642 | -31.2% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,487 | €1,172 | -€2,315 | -66.4% |
| Other operating charges | 640/8 | €1,602 | €644 | -€958 | -59.8% |
| Gross operating margin | 9900 | -€757 | -€876 | -€120 | -15.8% |
| Operating profit (loss) | 9901 | -€5,846 | -€2,692 | +€3,154 | +53.9% |
| Financial income | 75/76B | €135 | €118 | -€17 | -12.7% |
| Recurring financial income | 75 | €135 | €118 | -€17 | -12.7% |
| Financial charges | 65/66B | €100 | €68 | -€32 | -32.0% |
| Recurring financial charges | 65 | €100 | €68 | -€32 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,811 | -€2,642 | +€3,169 | +54.5% |
| Income taxes | 67/77 | -€0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€5,811 | -€2,642 | +€3,168 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,811 | -€2,642 | +€3,168 | +54.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.