ROBESTA: 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
ROBESTA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€241,422
2024 · €176,814+€64,608
Equity
€4.2m
2024 · €3.9m+€241,422
Cash
€702,497
2024 · €481,494+€221,003
Balance sheet total
€8.0m
2024 · €7.9m+€80,599
Largest movements
Assets
- Cash +€221,003
up €221,003 (+45.9%), from €481,494 to €702,497
mainly Depreciation (+€334,764) and Net result for the year (+€241,422)
- Tangible fixed assets -€204,262
down €204,262 (-2.8%), from €7.3m to €7.1m
of which Land and buildings: -€249,583
Equity and liabilities
- Reserves +€223,091
up €223,091 (+12.5%), from €1.8m to €2.0m
of which Distributable reserves: +€250,000
- Accrued charges and deferred income -€120,632
down €120,632 (-84.3%), from €143,114 to €22,482
Income statement
- Financial charges -€50,643
down €50,643 (-29.0%), from €174,416 to €123,773
- Depreciation -€47,941
down €47,941 (-12.5%), from €382,705 to €334,764
- Taxes +€29,980
up €29,980 (+32.9%), from €91,045 to €121,025
- Staff costs +€29,743
up €29,743 (+39.2%), from €75,954 to €105,698
- Gross operating margin +€18,534
up €18,534 (+1.8%), from €1.0m to €1.0m
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
€176,814
Gross operating margin
+€18,534
Staff costs
-€29,743
Depreciation
+€47,941
Write-downs
+€10,799
Other operating charges
-€3,318
Financial income
+€1,055
Financial charges
+€50,643
Taxes
-€29,980
Deferred taxes and other
-€1,323
Result 2025
€241,422
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
+€373,761
Investment
-€130,501
Financing
-€22,257
Cash 2024
€481,494
From operations (derived)
+€373,761
Net result for the year
+€241,422
Depreciation
+€334,764
Receivables within one year
-€69,895
Deferred charges and accrued income
+€6,037
Provisions
-€8,970
Trade debts
+€3,069
Tax, wage and social debts
-€5,337
Other debts
-€6,698
Accrued charges and deferred income
-€120,632
Investment (derived)
-€130,501
Investment in fixed assets (net)
-€130,501
Financing
-€22,257
Debts after one year
-€22,810
Current portion of long-term debt
+€722
Short-term financial debts
-€168
Cash 2025
€702,497
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,913,455 | €7,994,054 | +€80,599 | +1.0% |
| Fixed assets | 21/28 | €7,330,150 | €7,125,887 | -€204,262 | -2.8% |
| Tangible fixed assets | 22/27 | €7,330,150 | €7,125,887 | -€204,262 | -2.8% |
| Land and buildings | 22 | €6,860,579 | €6,610,995 | -€249,583 | -3.6% |
| Plant, machinery and equipment | 23 | €339,016 | €411,823 | +€72,808 | +21.5% |
| Furniture and vehicles | 24 | €130,555 | €103,069 | -€27,487 | -21.1% |
| Current assets | 29/58 | €583,306 | €868,167 | +€284,861 | +48.8% |
| Amounts receivable within one year | 40/41 | €61,834 | €131,730 | +€69,895 | +113.0% |
| Trade receivables | 40 | €41,907 | €61,762 | +€19,855 | +47.4% |
| Other amounts receivable | 41 | €19,927 | €69,968 | +€50,041 | +251.1% |
| Cash at bank and in hand | 54/58 | €481,494 | €702,497 | +€221,003 | +45.9% |
| Deferred charges and accrued income | 490/1 | €39,977 | €33,940 | -€6,037 | -15.1% |
| Total equity and liabilities | 10/49 | €7,913,455 | €7,994,054 | +€80,599 | +1.0% |
| Equity | 10/15 | €3,935,137 | €4,176,559 | +€241,422 | +6.1% |
| Contributions | 10/11 | €483,392 | €483,392 | = | 0.0% |
| Capital | 10 | €483,392 | €483,392 | = | 0.0% |
| Issued capital | 100 | €483,392 | €483,392 | = | 0.0% |
| Reserves | 13 | €1,790,980 | €2,014,071 | +€223,091 | +12.5% |
| Non-distributable reserves | 130/1 | €48,339 | €48,339 | = | 0.0% |
| Legal reserve | 130 | €48,339 | €48,339 | = | 0.0% |
| Tax-exempt reserves | 132 | €379,641 | €352,732 | -€26,909 | -7.1% |
| Distributable reserves | 133 | €1,363,000 | €1,613,000 | +€250,000 | +18.3% |
| Profit (loss) carried forward | 14 | €1,660,764 | €1,679,096 | +€18,332 | +1.1% |
| Provisions and deferred taxes | 16 | €126,547 | €117,577 | -€8,970 | -7.1% |
| Deferred taxes | 168 | €126,547 | €117,577 | -€8,970 | -7.1% |
| Amounts payable | 17/49 | €3,851,771 | €3,699,917 | -€151,854 | -3.9% |
| Amounts payable after more than one year | 17 | €2,862,363 | €2,839,553 | -€22,810 | -0.8% |
| Financial debts | 170/4 | €1,048,363 | €1,025,553 | -€22,810 | -2.2% |
| Other amounts payable | 178/9 | €1,814,000 | €1,814,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €846,294 | €837,882 | -€8,412 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €22,089 | €22,810 | +€722 | +3.3% |
| Financial debts | 43 | €33,813 | €33,645 | -€168 | -0.5% |
| Credit institutions | 430/8 | €33,813 | €33,645 | -€168 | -0.5% |
| Trade debts | 44 | €27,594 | €30,664 | +€3,069 | +11.1% |
| Suppliers | 440/4 | €27,594 | €30,664 | +€3,069 | +11.1% |
| Taxes, remuneration and social security | 45 | €25,580 | €20,243 | -€5,337 | -20.9% |
| Taxes | 450/3 | €17,542 | €13,302 | -€4,240 | -24.2% |
| Remuneration and social security | 454/9 | €8,038 | €6,941 | -€1,097 | -13.6% |
| Other amounts payable | 47/48 | €737,218 | €730,521 | -€6,698 | -0.9% |
| Accrued charges and deferred income | 492/3 | €143,114 | €22,482 | -€120,632 | -84.3% |
| Remuneration, social security and pensions | 62 | €75,954 | €105,698 | +€29,743 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382,705 | €334,764 | -€47,941 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,584 | -€216 | -€10,799 | |
| Other operating charges | 640/8 | €123,179 | €126,498 | +€3,318 | +2.7% |
| Non-recurring operating charges | 66A | €3,353 | €3,353 | = | 0.0% |
| Gross operating margin | 9900 | €1,026,329 | €1,044,863 | +€18,534 | +1.8% |
| Operating profit (loss) | 9901 | €430,554 | €474,767 | +€44,213 | +10.3% |
| Financial income | 75/76B | €1,428 | €2,483 | +€1,055 | +73.8% |
| Recurring financial income | 75 | €1,428 | €2,483 | +€1,055 | +73.8% |
| Financial charges | 65/66B | €174,416 | €123,773 | -€50,643 | -29.0% |
| Recurring financial charges | 65 | €174,416 | €123,773 | -€50,643 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €257,566 | €353,477 | +€95,911 | +37.2% |
| Transfer from deferred taxes | 780 | €10,293 | €8,970 | -€1,323 | -12.9% |
| Income taxes | 67/77 | €91,045 | €121,025 | +€29,980 | +32.9% |
| Profit (loss) for the period | 9904 | €176,814 | €241,422 | +€64,608 | +36.5% |
| Transfer from tax-exempt reserves | 789 | €30,879 | €26,909 | -€3,970 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €207,693 | €268,332 | +€60,638 | +29.2% |
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 7 October 2026 via checked.be.