Robi Vandebroek: 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.
Robi Vandebroek
Largest movements
- Cash +€55,020
up €55,020 (+64.6%), from €85,137 to €140,157
mainly Net result for the year (+€54,096) and Other debts (+€1,873)
- Reserves +€54,096
up €54,096 (+90.9%), from €59,481 to €113,578
- Short-term financial debts -€3,050
down €3,050 (-100%), from €3,050 to €0
- Other debts +€1,873
up €1,873 (+30.5%), from €6,138 to €8,011
- Gross operating margin +€9,015
up €9,015 (+14.5%), from €62,196 to €71,212
- Taxes +€1,891
up €1,891 (+15.4%), from €12,265 to €14,156
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 | €91,629 | €146,046 | +€54,418 | +59.4% |
| Fixed assets | 21/28 | €6,206 | €5,571 | -€635 | -10.2% |
| Tangible fixed assets | 22/27 | €6,206 | €5,571 | -€635 | -10.2% |
| Furniture and vehicles | 24 | €6,206 | €5,571 | -€635 | -10.2% |
| Current assets | 29/58 | €85,423 | €140,475 | +€55,053 | +64.4% |
| Cash at bank and in hand | 54/58 | €85,137 | €140,157 | +€55,020 | +64.6% |
| Deferred charges and accrued income | 490/1 | €285 | €318 | +€33 | +11.6% |
| Total equity and liabilities | 10/49 | €91,629 | €146,046 | +€54,418 | +59.4% |
| Equity | 10/15 | €74,481 | €128,578 | +€54,096 | +72.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €59,481 | €113,578 | +€54,096 | +90.9% |
| Distributable reserves | 133 | €59,481 | €113,578 | +€54,096 | +90.9% |
| Amounts payable | 17/49 | €17,147 | €17,469 | +€322 | +1.9% |
| Amounts payable within one year | 42/48 | €16,666 | €16,968 | +€302 | +1.8% |
| Financial debts | 43 | €3,050 | €0 | -€3,050 | -100% |
| Credit institutions | 430/8 | €3,050 | €0 | -€3,050 | -100% |
| Trade debts | 44 | €0 | €97 | +€97 | |
| Suppliers | 440/4 | €0 | €97 | +€97 | |
| Taxes, remuneration and social security | 45 | €7,479 | €8,860 | +€1,382 | +18.5% |
| Taxes | 450/3 | €7,479 | €8,860 | +€1,382 | +18.5% |
| Other amounts payable | 47/48 | €6,138 | €8,011 | +€1,873 | +30.5% |
| Accrued charges and deferred income | 492/3 | €481 | €501 | +€19 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144 | €635 | +€491 | +341% |
| Other operating charges | 640/8 | €248 | €66 | -€182 | -73.5% |
| Gross operating margin | 9900 | €62,196 | €71,212 | +€9,015 | +14.5% |
| Operating profit (loss) | 9901 | €61,804 | €70,511 | +€8,707 | +14.1% |
| Financial income | 75/76B | €40 | €396 | +€356 | +902% |
| Recurring financial income | 75 | €40 | €396 | +€356 | +902% |
| Financial charges | 65/66B | €2,387 | €2,654 | +€267 | +11.2% |
| Recurring financial charges | 65 | €2,387 | €2,654 | +€267 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €59,457 | €68,253 | +€8,796 | +14.8% |
| Income taxes | 67/77 | €12,265 | €14,156 | +€1,891 | +15.4% |
| Profit (loss) for the period | 9904 | €47,192 | €54,096 | +€6,904 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,192 | €54,096 | +€6,904 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.