ROBIN VAN LAER: 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 VAN LAER
Largest movements
- Cash -€42,914
down €42,914 (-11.0%), from €391,820 to €348,906
mainly Other debts (-€48,777) and Investment in fixed assets (net) (-€34,420)
- Receivables within one year -€34,774
down €34,774 (-97.6%), from €35,636 to €862
of which Other amounts receivable: -€33,420
- Other debts -€48,777
down €48,777 (-97.6%), from €50,000 to €1,223
- Debts after one year -€18,805
down €18,805 (-30.6%), from €61,358 to €42,553
- Profit (loss) carried forward -€16,190
down €16,190 (-3.7%), from €437,255 to €421,065
- Gross operating margin -€23,370
down €23,370 (-53.4%), from €43,800 to €20,430
- Depreciation +€12,737
up €12,737 (+63.0%), from €20,202 to €32,939
- Financial income -€1,365
down €1,365 (-28.9%), from €4,718 to €3,354
- Financial charges -€927
down €927 (-17.6%), from €5,276 to €4,349
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 | €692,139 | €615,933 | -€76,206 | -11.0% |
| Fixed assets | 21/28 | €264,683 | €266,164 | +€1,481 | +0.6% |
| Tangible fixed assets | 22/27 | €264,683 | €266,164 | +€1,481 | +0.6% |
| Land and buildings | 22 | €182,850 | €201,363 | +€18,513 | +10.1% |
| Furniture and vehicles | 24 | €81,832 | €64,801 | -€17,031 | -20.8% |
| Current assets | 29/58 | €427,456 | €349,768 | -€77,687 | -18.2% |
| Amounts receivable within one year | 40/41 | €35,636 | €862 | -€34,774 | -97.6% |
| Trade receivables | 40 | €1,354 | - | -€1,354 | |
| Other amounts receivable | 41 | €34,282 | €862 | -€33,420 | -97.5% |
| Cash at bank and in hand | 54/58 | €391,820 | €348,906 | -€42,914 | -11.0% |
| Total equity and liabilities | 10/49 | €692,139 | €615,933 | -€76,206 | -11.0% |
| Equity | 10/15 | €561,510 | €545,320 | -€16,190 | -2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,855 | €111,855 | = | 0.0% |
| Distributable reserves | 133 | €111,855 | €111,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €437,255 | €421,065 | -€16,190 | -3.7% |
| Amounts payable | 17/49 | €130,628 | €70,613 | -€60,016 | -45.9% |
| Amounts payable after more than one year | 17 | €61,358 | €42,553 | -€18,805 | -30.6% |
| Financial debts | 170/4 | €61,358 | €42,553 | -€18,805 | -30.6% |
| Amounts payable within one year | 42/48 | €68,376 | €27,080 | -€41,296 | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €17,830 | €18,805 | +€974 | +5.5% |
| Trade debts | 44 | €546 | €7,052 | +€6,506 | +1192.0% |
| Suppliers | 440/4 | €546 | €7,052 | +€6,506 | +1192.0% |
| Other amounts payable | 47/48 | €50,000 | €1,223 | -€48,777 | -97.6% |
| Accrued charges and deferred income | 492/3 | €895 | €980 | +€85 | +9.5% |
| Non-recurring operating income | 76A | €28,262 | - | -€28,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,202 | €32,939 | +€12,737 | +63.0% |
| Other operating charges | 640/8 | €2,918 | €2,543 | -€375 | -12.8% |
| Non-recurring operating charges | 66A | €35 | - | -€35 | |
| Gross operating margin | 9900 | €43,800 | €20,430 | -€23,370 | -53.4% |
| Operating profit (loss) | 9901 | €20,646 | -€15,051 | -€35,697 | |
| Financial income | 75/76B | €4,718 | €3,354 | -€1,365 | -28.9% |
| Recurring financial income | 75 | €4,718 | €3,354 | -€1,365 | -28.9% |
| Financial charges | 65/66B | €5,276 | €4,349 | -€927 | -17.6% |
| Recurring financial charges | 65 | €5,276 | €4,349 | -€927 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €20,089 | -€16,046 | -€36,135 | |
| Income taxes | 67/77 | €272 | €144 | -€128 | -47.0% |
| Profit (loss) for the period | 9904 | €19,817 | -€16,190 | -€36,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,817 | -€16,190 | -€36,007 |
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 9 October 2026 via checked.be.