ROBIN: 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.
ROBIN
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€196,995
up €196,995 (+31.4%), from €627,101 to €824,096
mainly Current investments (+€250,000) and Depreciation (+€82,593)
- Tangible fixed assets -€82,593
down €82,593 (-5.0%), from €1.6m to €1.6m
of which Other tangible fixed assets: -€314,267
- Debts after one year -€99,547
down €99,547 (-13.6%), from €734,260 to €634,713
- Depreciation +€9,778
up €9,778 (+13.4%), from €72,815 to €82,593
- Financial charges -€6,471
down €6,471 (-14.2%), from €45,710 to €39,239
- Financial income -€3,137
down €3,137 (-32.6%), from €9,630 to €6,494
- Taxes -€1,878
down €1,878 (-50.2%), from €3,742 to €1,864
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 | €3,499,165 | €3,395,510 | -€103,655 | -3.0% |
| Fixed assets | 21/28 | €1,643,920 | €1,561,327 | -€82,593 | -5.0% |
| Tangible fixed assets | 22/27 | €1,643,920 | €1,561,327 | -€82,593 | -5.0% |
| Land and buildings | 22 | €1,329,653 | €1,561,327 | +€231,674 | +17.4% |
| Other tangible fixed assets | 26 | €314,267 | - | -€314,267 | |
| Current assets | 29/58 | €1,855,245 | €1,834,183 | -€21,062 | -1.1% |
| Stocks and contracts in progress | 3 | €400,000 | €430,748 | +€30,748 | +7.7% |
| Stocks | 30/36 | €400,000 | €430,748 | +€30,748 | +7.7% |
| Amounts receivable within one year | 40/41 | €575,131 | €575,650 | +€519 | +0.1% |
| Trade receivables | 40 | - | €443 | +€443 | |
| Other amounts receivable | 41 | €575,131 | €575,207 | +€76 | 0.0% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €627,101 | €824,096 | +€196,995 | +31.4% |
| Deferred charges and accrued income | 490/1 | €3,014 | €3,690 | +€676 | +22.4% |
| Total equity and liabilities | 10/49 | €3,499,165 | €3,395,510 | -€103,655 | -3.0% |
| Equity | 10/15 | €2,102,585 | €2,102,559 | -€27 | 0.0% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €885,277 | €879,659 | -€5,618 | -0.6% |
| Tax-exempt reserves | 132 | €359,258 | €353,640 | -€5,618 | -1.6% |
| Distributable reserves | 133 | €526,019 | €526,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €417,309 | €422,900 | +€5,591 | +1.3% |
| Provisions and deferred taxes | 16 | €113,503 | €111,630 | -€1,873 | -1.6% |
| Deferred taxes | 168 | €113,503 | €111,630 | -€1,873 | -1.6% |
| Amounts payable | 17/49 | €1,283,077 | €1,181,321 | -€101,756 | -7.9% |
| Amounts payable after more than one year | 17 | €734,260 | €634,713 | -€99,547 | -13.6% |
| Financial debts | 170/4 | €734,260 | €634,713 | -€99,547 | -13.6% |
| Amounts payable within one year | 42/48 | €521,958 | €521,365 | -€593 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €98,310 | €99,547 | +€1,237 | +1.3% |
| Trade debts | 44 | €302 | €428 | +€127 | +42.0% |
| Suppliers | 440/4 | €302 | €428 | +€127 | +42.0% |
| Taxes, remuneration and social security | 45 | €10,621 | €8,505 | -€2,117 | -19.9% |
| Taxes | 450/3 | €10,621 | €8,505 | -€2,117 | -19.9% |
| Other amounts payable | 47/48 | €412,725 | €412,885 | +€160 | 0.0% |
| Accrued charges and deferred income | 492/3 | €26,859 | €25,243 | -€1,616 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,815 | €82,593 | +€9,778 | +13.4% |
| Other operating charges | 640/8 | €10,763 | €10,185 | -€578 | -5.4% |
| Gross operating margin | 9900 | €125,233 | €125,488 | +€255 | +0.2% |
| Operating profit (loss) | 9901 | €41,655 | €32,710 | -€8,945 | -21.5% |
| Financial income | 75/76B | €9,630 | €6,494 | -€3,137 | -32.6% |
| Recurring financial income | 75 | €9,630 | €6,494 | -€3,137 | -32.6% |
| Financial charges | 65/66B | €45,710 | €39,239 | -€6,471 | -14.2% |
| Recurring financial charges | 65 | €45,710 | €39,239 | -€6,471 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €5,576 | -€35 | -€5,611 | |
| Transfer from deferred taxes | 780 | €1,995 | €1,873 | -€122 | -6.1% |
| Income taxes | 67/77 | €3,742 | €1,864 | -€1,878 | -50.2% |
| Profit (loss) for the period | 9904 | €3,829 | -€27 | -€3,855 | |
| Transfer from tax-exempt reserves | 789 | €5,985 | €5,618 | -€367 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,813 | €5,591 | -€4,222 | -43.0% |
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 24 October 2026 via checked.be.