ROBIN RED: 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.
ROBIN RED
Largest movements
- Receivables within one year -€8,414
down €8,414 (-74.4%), from €11,317 to €2,903
of which Trade receivables: -€8,414
- Cash -€7,145
down €7,145 (-10.7%), from €66,468 to €59,324
mainly Contributions, distributions and other (-€40,000) and Other debts (-€15,071)
- Other debts -€15,071
down €15,071 (-27.4%), from €55,071 to €40,000
- Tax, wage and social debts +€14,703
up €14,703 (+251.4%), from €5,849 to €20,552
of which Taxes: +€15,023
- Current portion of long-term debt -€8,608
no longer reported in 2025 (was €8,608)
- Profit (loss) carried forward -€6,074
down €6,074 (-52.7%), from €11,526 to €5,452
- Gross operating margin +€6,118
up €6,118 (+12.9%), from €47,419 to €53,537
- Taxes +€2,955
up €2,955 (+24.4%), from €12,097 to €15,053
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,341 | €68,503 | -€15,838 | -18.8% |
| Fixed assets | 21/28 | €6,556 | €6,128 | -€428 | -6.5% |
| Tangible fixed assets | 22/27 | €6,556 | €6,128 | -€428 | -6.5% |
| Furniture and vehicles | 24 | €4,498 | €4,756 | +€258 | +5.7% |
| Other tangible fixed assets | 26 | €2,058 | €1,372 | -€686 | -33.3% |
| Current assets | 29/58 | €77,785 | €62,375 | -€15,410 | -19.8% |
| Amounts receivable within one year | 40/41 | €11,317 | €2,903 | -€8,414 | -74.4% |
| Trade receivables | 40 | €8,414 | - | -€8,414 | |
| Other amounts receivable | 41 | €2,903 | €2,903 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,468 | €59,324 | -€7,145 | -10.7% |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €84,341 | €68,503 | -€15,838 | -18.8% |
| Equity | 10/15 | €13,526 | €7,452 | -€6,074 | -44.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,526 | €5,452 | -€6,074 | -52.7% |
| Amounts payable | 17/49 | €70,814 | €61,051 | -€9,764 | -13.8% |
| Amounts payable within one year | 42/48 | €70,814 | €61,051 | -€9,764 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €8,608 | - | -€8,608 | |
| Trade debts | 44 | €1,286 | €498 | -€787 | -61.2% |
| Suppliers | 440/4 | €1,286 | €498 | -€787 | -61.2% |
| Taxes, remuneration and social security | 45 | €5,849 | €20,552 | +€14,703 | +251.4% |
| Taxes | 450/3 | €4,510 | €19,533 | +€15,023 | +333.1% |
| Remuneration and social security | 454/9 | €1,340 | €1,020 | -€320 | -23.9% |
| Other amounts payable | 47/48 | €55,071 | €40,000 | -€15,071 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,791 | €2,848 | +€57 | +2.0% |
| Other operating charges | 640/8 | €570 | €1,061 | +€491 | +86.2% |
| Gross operating margin | 9900 | €47,419 | €53,537 | +€6,118 | +12.9% |
| Operating profit (loss) | 9901 | €44,058 | €49,628 | +€5,570 | +12.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €299 | €650 | +€351 | +117.5% |
| Recurring financial charges | 65 | €299 | €650 | +€351 | +117.5% |
| Profit (loss) for the period before taxes | 9903 | €43,759 | €48,978 | +€5,219 | +11.9% |
| Income taxes | 67/77 | €12,097 | €15,053 | +€2,955 | +24.4% |
| Profit (loss) for the period | 9904 | €31,662 | €33,926 | +€2,264 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,662 | €33,926 | +€2,264 | +7.1% |
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 30 September 2026 via checked.be.