Robin Schindelka: 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 Schindelka
Largest movements
- Cash +€30,843
up €30,843 (+29.9%), from €103,033 to €133,875
mainly Net result for the year (+€30,395) and Other debts (+€25,091)
- Tangible fixed assets +€29,388
new in 2025: €29,388
- Receivables within one year -€4,099
down €4,099 (-97.8%), from €4,190 to €91
of which Trade receivables: -€4,105
- Deferred charges and accrued income +€1,696
up €1,696 (+1828.4%), from €93 to €1,788
- Profit (loss) carried forward +€30,395
up €30,395 (+88.5%), from €34,357 to €64,751
- Other debts +€25,091
up €25,091 (+109.9%), from €22,821 to €47,912
- Gross operating margin -€2,602
down €2,602 (-5.4%), from €48,038 to €45,436
- Financial charges +€1,655
up €1,655 (+138.1%), from €1,198 to €2,853
- Taxes -€1,035
down €1,035 (-8.3%), from €12,484 to €11,448
- Depreciation +€739
new in 2025: €739
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 | €107,315 | €165,143 | +€57,827 | +53.9% |
| Fixed assets | 21/28 | - | €29,388 | +€29,388 | |
| Tangible fixed assets | 22/27 | - | €29,388 | +€29,388 | |
| Furniture and vehicles | 24 | - | €29,388 | +€29,388 | |
| Current assets | 29/58 | €107,315 | €135,755 | +€28,439 | +26.5% |
| Amounts receivable within one year | 40/41 | €4,190 | €91 | -€4,099 | -97.8% |
| Trade receivables | 40 | €4,190 | €85 | -€4,105 | -98.0% |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €103,033 | €133,875 | +€30,843 | +29.9% |
| Deferred charges and accrued income | 490/1 | €93 | €1,788 | +€1,696 | +1828.4% |
| Total equity and liabilities | 10/49 | €107,315 | €165,143 | +€57,827 | +53.9% |
| Equity | 10/15 | €57,934 | €88,329 | +€30,395 | +52.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,577 | €20,577 | = | 0.0% |
| Distributable reserves | 133 | €20,577 | €20,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,357 | €64,751 | +€30,395 | +88.5% |
| Amounts payable | 17/49 | €49,382 | €76,814 | +€27,432 | +55.6% |
| Amounts payable within one year | 42/48 | €48,287 | €74,306 | +€26,019 | +53.9% |
| Trade debts | 44 | €26 | €789 | +€763 | +2990.7% |
| Suppliers | 440/4 | €26 | €789 | +€763 | +2990.7% |
| Taxes, remuneration and social security | 45 | €25,440 | €25,605 | +€165 | +0.6% |
| Taxes | 450/3 | €25,440 | €25,605 | +€165 | +0.6% |
| Other amounts payable | 47/48 | €22,821 | €47,912 | +€25,091 | +109.9% |
| Accrued charges and deferred income | 492/3 | €1,094 | €2,508 | +€1,413 | +129.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €739 | +€739 | |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €48,038 | €45,436 | -€2,602 | -5.4% |
| Operating profit (loss) | 9901 | €48,038 | €44,696 | -€3,341 | -7.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,198 | €2,853 | +€1,655 | +138.1% |
| Recurring financial charges | 65 | €1,198 | €2,853 | +€1,655 | +138.1% |
| Profit (loss) for the period before taxes | 9903 | €46,840 | €41,843 | -€4,997 | -10.7% |
| Income taxes | 67/77 | €12,484 | €11,448 | -€1,035 | -8.3% |
| Profit (loss) for the period | 9904 | €34,357 | €30,395 | -€3,962 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,357 | €30,395 | -€3,962 | -11.5% |
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 5 October 2026 via checked.be.