ROBEVA: what changed
Two financial 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.
ROBEVA
Largest movements
- Current investments +€809,118
up €809,118 (+85.5%), from €945,850 to €1.8m
- Cash +€446,103
up €446,103 (+141%), from €316,811 to €762,914
mainly Net result for the year (+€1.6m) and Depreciation (+€360,527)
- Receivables within one year +€293,223
up €293,223 (+17.1%), from €1.7m to €2.0m
of which Trade receivables: +€291,134
- Tangible fixed assets +€171,717
up €171,717 (+5.0%), from €3.4m to €3.6m
of which Plant, machinery and equipment: +€150,602
- Reserves +€1.6m
up €1.6m (+35.3%), from €4.6m to €6.3m
- Trade debts +€204,341
up €204,341 (+85.9%), from €237,858 to €442,199
- Provisions -€92,000
no longer reported in 2025 (was €92,000)
- Provisions -€92,000
new in 2025: -€92,000
- Staff costs -€89,841
down €89,841 (-17.9%), from €502,442 to €412,601
- Depreciation +€88,292
up €88,292 (+32.4%), from €272,235 to €360,527
- Gross operating margin -€51,240
down €51,240 (-1.6%), from €3.1m to €3.1m
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.
Derived cash bridge
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 | €6,715,738 | €8,358,399 | +€1.6m | +24.5% |
| Fixed assets | 21/28 | €3,442,899 | €3,614,616 | +€171,717 | +5.0% |
| Tangible fixed assets | 22/27 | €3,442,899 | €3,614,616 | +€171,717 | +5.0% |
| Land and buildings | 22 | €2,390,560 | €2,440,240 | +€49,680 | +2.1% |
| Plant, machinery and equipment | 23 | €930,386 | €1,080,988 | +€150,602 | +16.2% |
| Furniture and vehicles | 24 | €121,954 | €93,388 | -€28,565 | -23.4% |
| Current assets | 29/58 | €3,272,839 | €4,743,782 | +€1.5m | +44.9% |
| Stocks and contracts in progress | 3 | €300,000 | €222,500 | -€77,500 | -25.8% |
| Stocks | 30/36 | €300,000 | €222,500 | -€77,500 | -25.8% |
| Amounts receivable within one year | 40/41 | €1,710,177 | €2,003,401 | +€293,223 | +17.1% |
| Trade receivables | 40 | €1,419,189 | €1,710,323 | +€291,134 | +20.5% |
| Other amounts receivable | 41 | €290,988 | €293,077 | +€2,089 | +0.7% |
| Current investments | 50/53 | €945,850 | €1,754,968 | +€809,118 | +85.5% |
| Cash at bank and in hand | 54/58 | €316,811 | €762,914 | +€446,103 | +141% |
| Total equity and liabilities | 10/49 | €6,715,738 | €8,358,399 | +€1.6m | +24.5% |
| Equity | 10/15 | €6,119,818 | €7,752,090 | +€1.6m | +26.7% |
| Contributions | 10/11 | €1,497,889 | €1,497,889 | = | 0.0% |
| Reserves | 13 | €4,619,835 | €6,252,107 | +€1.6m | +35.3% |
| Distributable reserves | 133 | €4,619,835 | €6,252,107 | +€1.6m | +35.3% |
| Profit (loss) carried forward | 14 | €2,094 | €2,094 | = | 0.0% |
| Provisions and deferred taxes | 16 | €92,000 | - | -€92,000 | |
| Provisions for liabilities and charges | 160/5 | €92,000 | - | -€92,000 | |
| Other liabilities and charges | 164/5 | €92,000 | - | -€92,000 | |
| Amounts payable | 17/49 | €503,921 | €606,308 | +€102,388 | +20.3% |
| Amounts payable after more than one year | 17 | €19,890 | - | -€19,890 | |
| Financial debts | 170/4 | €19,890 | - | -€19,890 | |
| Amounts payable within one year | 42/48 | €484,031 | €606,308 | +€122,278 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €76,900 | €17,671 | -€59,229 | -77.0% |
| Trade debts | 44 | €237,858 | €442,199 | +€204,341 | +85.9% |
| Suppliers | 440/4 | €237,858 | €442,199 | +€204,341 | +85.9% |
| Taxes, remuneration and social security | 45 | €139,817 | €62,304 | -€77,513 | -55.4% |
| Taxes | 450/3 | €102,731 | €30,623 | -€72,108 | -70.2% |
| Remuneration and social security | 454/9 | €37,086 | €31,681 | -€5,405 | -14.6% |
| Other amounts payable | 47/48 | €29,456 | €84,134 | +€54,679 | +186% |
| Remuneration, social security and pensions | 62 | €502,442 | €412,601 | -€89,841 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272,235 | €360,527 | +€88,292 | +32.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€92,000 | -€92,000 | |
| Other operating charges | 640/8 | €24,851 | €24,741 | -€110 | -0.4% |
| Gross operating margin | 9900 | €3,133,335 | €3,082,095 | -€51,240 | -1.6% |
| Operating profit (loss) | 9901 | €2,333,807 | €2,376,226 | +€42,419 | +1.8% |
| Financial income | 75/76B | €7,713 | €7,704 | -€8 | -0.1% |
| Recurring financial income | 75 | €7,713 | €7,704 | -€8 | -0.1% |
| Financial charges | 65/66B | €1,507 | €1,059 | -€448 | -29.8% |
| Recurring financial charges | 65 | €1,507 | €1,059 | -€448 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €2,340,012 | €2,382,871 | +€42,859 | +1.8% |
| Income taxes | 67/77 | €729,747 | €749,740 | +€19,993 | +2.7% |
| Profit (loss) for the period | 9904 | €1,610,265 | €1,633,132 | +€22,866 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,610,265 | €1,633,132 | +€22,866 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.