ROBIN MOUSCRON: 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 MOUSCRON
Largest movements
- Cash -€64,185
down €64,185 (-45.9%), from €139,760 to €75,575
mainly Net result for the year (-€65,615) and Other debts (-€56,518)
- Stocks and contracts -€57,791
down €57,791 (-39.2%), from €147,526 to €89,735
- Receivables within one year -€7,076
down €7,076 (-56.2%), from €12,585 to €5,509
of which Trade receivables: -€7,927
- Profit (loss) carried forward -€65,615
down €65,615, from €3,439 to -€62,175
- Other debts -€56,518
down €56,518 (-27.7%), from €203,833 to €147,314
- Trade debts -€17,436
down €17,436 (-22.4%), from €77,869 to €60,432
- Tax, wage and social debts +€10,518
up €10,518 (+169%), from €6,230 to €16,748
of which Remuneration and social security: +€7,746
- Gross operating margin -€47,684
down €47,684 (-84.9%), from €56,144 to €8,461
- Staff costs +€27,011
up €27,011 (+129%), from €20,898 to €47,909
- Financial charges -€5,282
down €5,282 (-25.5%), from €20,703 to €15,422
- Other operating charges -€4,635
down €4,635 (-31.4%), from €14,749 to €10,113
- Taxes +€632
new in 2025: €632
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 | €301,371 | €172,319 | -€129,052 | -42.8% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €299,871 | €170,819 | -€129,052 | -43.0% |
| Stocks and contracts in progress | 3 | €147,526 | €89,735 | -€57,791 | -39.2% |
| Stocks | 30/36 | €147,526 | €89,735 | -€57,791 | -39.2% |
| Amounts receivable within one year | 40/41 | €12,585 | €5,509 | -€7,076 | -56.2% |
| Trade receivables | 40 | €8,374 | €447 | -€7,927 | -94.7% |
| Other amounts receivable | 41 | €4,211 | €5,062 | +€851 | +20.2% |
| Cash at bank and in hand | 54/58 | €139,760 | €75,575 | -€64,185 | -45.9% |
| Total equity and liabilities | 10/49 | €301,371 | €172,319 | -€129,052 | -42.8% |
| Equity | 10/15 | €13,439 | -€52,175 | -€65,615 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,439 | -€62,175 | -€65,615 | |
| Amounts payable | 17/49 | €287,931 | €224,494 | -€63,437 | -22.0% |
| Amounts payable within one year | 42/48 | €287,931 | €224,494 | -€63,437 | -22.0% |
| Trade debts | 44 | €77,869 | €60,432 | -€17,436 | -22.4% |
| Suppliers | 440/4 | €77,869 | €60,432 | -€17,436 | -22.4% |
| Taxes, remuneration and social security | 45 | €6,230 | €16,748 | +€10,518 | +169% |
| Taxes | 450/3 | - | €2,772 | +€2,772 | |
| Remuneration and social security | 454/9 | €6,230 | €13,976 | +€7,746 | +124% |
| Other amounts payable | 47/48 | €203,833 | €147,314 | -€56,518 | -27.7% |
| Remuneration, social security and pensions | 62 | €20,898 | €47,909 | +€27,011 | +129% |
| Other operating charges | 640/8 | €14,749 | €10,113 | -€4,635 | -31.4% |
| Gross operating margin | 9900 | €56,144 | €8,461 | -€47,684 | -84.9% |
| Operating profit (loss) | 9901 | €20,497 | -€49,562 | -€70,059 | |
| Financial charges | 65/66B | €20,703 | €15,422 | -€5,282 | -25.5% |
| Recurring financial charges | 65 | €20,703 | €15,422 | -€5,282 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€206 | -€64,983 | -€64,777 | -31,444% |
| Income taxes | 67/77 | - | €632 | +€632 | |
| Profit (loss) for the period | 9904 | -€206 | -€65,615 | -€65,409 | -31,750% |
| Profit (loss) for the period to be appropriated | 9905 | -€206 | -€65,615 | -€65,409 | -31,750% |
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 14 October 2026 via checked.be.