ROBERTY: 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
ROBERTY
NACE 42.110, Construction of roads and motorways
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€879,907
2024 · €1.0m-€121,211
Equity
€4.7m
2024 · €3.9m+€861,550
Cash
€1.1m
2024 · €372,898+€734,029
Balance sheet total
€10.8m
2024 · €13.3m-€2.5m
Largest movements
Assets
- Stocks and contracts -€2.2m
down €2.2m (-61.1%), from €3.5m to €1.4m
- Receivables within one year -€777,441
down €777,441 (-23.0%), from €3.4m to €2.6m
of which Trade receivables: -€678,441
- Cash +€734,029
up €734,029 (+196.8%), from €372,898 to €1.1m
mainly Stocks and contracts (+€2.2m) and Depreciation (+€1.1m)
- Tangible fixed assets -€322,049
down €322,049 (-5.7%), from €5.6m to €5.3m
of which Land and buildings: -€394,577
Equity and liabilities
- Trade debts -€2.9m
down €2.9m (-57.0%), from €5.0m to €2.2m
- Profit (loss) carried forward +€543,107
up €543,107 (+42.6%), from €1.3m to €1.8m
- Debts after one year -€466,157
down €466,157 (-16.5%), from €2.8m to €2.4m
- Reserves +€336,800
up €336,800 (+14.8%), from €2.3m to €2.6m
of which Distributable reserves: +€261,020
- Tax, wage and social debts +€212,038
up €212,038 (+61.9%), from €342,337 to €554,374
of which Taxes: +€127,209
Income statement
- Services and other goods -€1.9m
down €1.9m (-15.8%), from €11.7m to €9.9m
- Turnover +€1.2m
up €1.2m (+6.0%), from €21.0m to €22.2m
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
€1.0m
Turnover
+€1.2m
Other operating income
-€8,804
Goods and materials
-€163,602
Services and other goods
+€1.9m
Staff costs
-€109,056
Depreciation
-€127,561
Other operating charges
-€12,953
Other operating items
-€2.8m
Financial income
-€56,341
Financial charges
+€26,478
Taxes
+€46,263
Result 2025
€879,907
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
+€2.0m
Investment
-€779,688
Financing
-€489,253
Cash 2024
€372,898
From operations (derived)
+€2.0m
Net result for the year
+€879,907
Depreciation
+€1.1m
Stocks and contracts
+€2.2m
Receivables within one year
+€777,441
Trade debts
-€2.9m
Tax, wage and social debts
+€212,038
Accrued charges and deferred income
-€209,167
Investment (derived)
-€779,688
Investment in fixed assets (net)
-€779,688
Financing
-€489,253
Debts after one year
-€466,157
Current portion of long-term debt
-€4,739
Contributions, distributions and other
-€18,357
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,288,398 | €10,811,246 | -€2.5m | -18.6% |
| Fixed assets | 21/28 | €6,006,240 | €5,733,718 | -€272,522 | -4.5% |
| Intangible fixed assets | 21 | €8,333 | €3,773 | -€4,560 | -54.7% |
| Tangible fixed assets | 22/27 | €5,649,629 | €5,327,580 | -€322,049 | -5.7% |
| Land and buildings | 22 | €3,350,989 | €2,956,412 | -€394,577 | -11.8% |
| Plant, machinery and equipment | 23 | €528,018 | €653,788 | +€125,770 | +23.8% |
| Furniture and vehicles | 24 | €426,413 | €298,287 | -€128,126 | -30.0% |
| Leasing and similar rights | 25 | €1,344,208 | €1,419,092 | +€74,884 | +5.6% |
| Financial fixed assets | 28 | €348,279 | €402,366 | +€54,087 | +15.5% |
| Other financial fixed assets | 284/8 | €348,279 | €402,366 | +€54,087 | +15.5% |
| Amounts receivable and cash guarantees | 285/8 | €348,279 | €402,366 | +€54,087 | +15.5% |
| Current assets | 29/58 | €7,282,158 | €5,077,528 | -€2.2m | -30.3% |
| Stocks and contracts in progress | 3 | €3,535,830 | €1,374,613 | -€2.2m | -61.1% |
| Stocks | 30/36 | €3,535,830 | €1,374,613 | -€2.2m | -61.1% |
| Work in progress | 32 | €3,454,480 | €1,290,389 | -€2.2m | -62.6% |
| Goods purchased for resale | 34 | €81,350 | €84,224 | +€2,874 | +3.5% |
| Amounts receivable within one year | 40/41 | €3,373,429 | €2,595,988 | -€777,441 | -23.0% |
| Trade receivables | 40 | €3,080,251 | €2,401,810 | -€678,441 | -22.0% |
| Other amounts receivable | 41 | €293,178 | €194,179 | -€99,000 | -33.8% |
| Cash at bank and in hand | 54/58 | €372,898 | €1,106,927 | +€734,029 | +196.8% |
| Total equity and liabilities | 10/49 | €13,288,398 | €10,811,246 | -€2.5m | -18.6% |
| Equity | 10/15 | €3,881,747 | €4,743,297 | +€861,550 | +22.2% |
| Contributions | 10/11 | €151,300 | €151,300 | = | 0.0% |
| Capital | 10 | €151,300 | €151,300 | = | 0.0% |
| Issued capital | 100 | €151,300 | €151,300 | = | 0.0% |
| Reserves | 13 | €2,279,001 | €2,615,801 | +€336,800 | +14.8% |
| Non-distributable reserves | 130/1 | €42,130 | €42,130 | = | 0.0% |
| Legal reserve | 130 | €42,130 | €42,130 | = | 0.0% |
| Tax-exempt reserves | 132 | €597,820 | €673,600 | +€75,780 | +12.7% |
| Distributable reserves | 133 | €1,639,051 | €1,900,071 | +€261,020 | +15.9% |
| Profit (loss) carried forward | 14 | €1,275,922 | €1,819,028 | +€543,107 | +42.6% |
| Investment grants | 15 | €175,525 | €157,168 | -€18,357 | -10.5% |
| Amounts payable | 17/49 | €9,406,651 | €6,067,949 | -€3.3m | -35.5% |
| Amounts payable after more than one year | 17 | €2,825,635 | €2,359,478 | -€466,157 | -16.5% |
| Financial debts | 170/4 | €2,825,635 | €2,359,478 | -€466,157 | -16.5% |
| Leasing and similar obligations | 172 | €701,871 | €735,200 | +€33,329 | +4.7% |
| Other loans | 174 | €2,123,764 | €1,624,277 | -€499,486 | -23.5% |
| Amounts payable within one year | 42/48 | €6,371,848 | €3,708,472 | -€2.7m | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €993,266 | €988,527 | -€4,739 | -0.5% |
| Trade debts | 44 | €5,036,246 | €2,165,570 | -€2.9m | -57.0% |
| Suppliers | 440/4 | €5,036,246 | €2,165,570 | -€2.9m | -57.0% |
| Taxes, remuneration and social security | 45 | €342,337 | €554,374 | +€212,038 | +61.9% |
| Taxes | 450/3 | €189,975 | €317,184 | +€127,209 | +67.0% |
| Remuneration and social security | 454/9 | €152,362 | €237,191 | +€84,829 | +55.7% |
| Accrued charges and deferred income | 492/3 | €209,167 | - | -€209,167 | |
| Operating income | 70/76A | €22,138,459 | €20,558,708 | -€1.6m | -7.1% |
| Turnover | 70 | €20,983,645 | €22,233,523 | +€1.2m | +6.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €641,779 | -€2,164,091 | -€2.8m | |
| Other operating income | 74 | €493,035 | €484,231 | -€8,804 | -1.8% |
| Non-recurring operating income | 76A | €20,000 | €5,045 | -€14,955 | -74.8% |
| Operating charges | 60/66A | €20,777,714 | €19,335,574 | -€1.4m | -6.9% |
| Goods for resale, raw materials and consumables | 60 | €3,757,247 | €3,920,849 | +€163,602 | +4.4% |
| Purchases | 600/8 | €3,760,306 | €3,923,723 | +€163,417 | +4.3% |
| Change in stocks: decrease (increase) | 609 | -€3,059 | -€2,874 | +€185 | +6.1% |
| Services and other goods | 61 | €11,746,171 | €9,890,859 | -€1.9m | -15.8% |
| Remuneration, social security and pensions | 62 | €4,224,139 | €4,333,195 | +€109,056 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924,650 | €1,052,211 | +€127,561 | +13.8% |
| Other operating charges | 640/8 | €125,507 | €138,460 | +€12,953 | +10.3% |
| Operating profit (loss) | 9901 | €1,360,745 | €1,223,133 | -€137,612 | -10.1% |
| Financial income | 75/76B | €95,091 | €38,750 | -€56,341 | -59.2% |
| Recurring financial income | 75 | €95,091 | €38,750 | -€56,341 | -59.2% |
| Other financial income | 752/9 | €95,091 | €38,750 | -€56,341 | -59.2% |
| Financial charges | 65/66B | €86,547 | €60,069 | -€26,478 | -30.6% |
| Recurring financial charges | 65 | €86,547 | €60,069 | -€26,478 | -30.6% |
| Debt charges | 650 | €81,247 | €48,601 | -€32,646 | -40.2% |
| Other financial charges | 652/9 | €5,300 | €11,467 | +€6,167 | +116.4% |
| Profit (loss) for the period before taxes | 9903 | €1,369,289 | €1,201,815 | -€167,474 | -12.2% |
| Income taxes | 67/77 | €368,171 | €321,908 | -€46,263 | -12.6% |
| Taxes | 670/3 | €368,171 | €321,908 | -€46,263 | -12.6% |
| Profit (loss) for the period | 9904 | €1,001,118 | €879,907 | -€121,211 | -12.1% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €261,020 | +€218,920 | +520.0% |
| Transfer to tax-exempt reserves | 689 | €336,800 | €336,800 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €706,418 | €804,127 | +€97,709 | +13.8% |
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 3 October 2026 via checked.be.