ROBINICK: 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.
ROBINICK
Largest movements
- Receivables within one year +€16,721
up €16,721 (+44.7%), from €37,436 to €54,157
of which Trade receivables: +€16,255
- Tangible fixed assets -€10,752
down €10,752 (-28.3%), from €37,999 to €27,247
- Profit (loss) carried forward +€10,744
up €10,744 (+14.0%), from -€76,678 to -€65,934
- Current portion of long-term debt -€10,002
down €10,002 (-74.7%), from €13,383 to €3,381
- Tax, wage and social debts +€4,434
up €4,434 (+72.7%), from €6,102 to €10,536
of which Taxes: +€3,434
- Debts after one year -€3,381
no longer reported in 2025 (was €3,381)
- Other debts +€1,650
up €1,650 (+1.1%), from €155,053 to €156,703
- Gross operating margin +€12,559
up €12,559 (+59.6%), from €21,066 to €33,625
- Depreciation -€717
down €717 (-3.4%), from €21,256 to €20,539
- Other operating charges -€520
down €520 (-46.7%), from €1,113 to €593
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 | €105,092 | €109,587 | +€4,494 | +4.3% |
| Fixed assets | 21/28 | €38,665 | €27,747 | -€10,918 | -28.2% |
| Intangible fixed assets | 21 | €167 | - | -€167 | |
| Tangible fixed assets | 22/27 | €37,999 | €27,247 | -€10,752 | -28.3% |
| Plant, machinery and equipment | 23 | €37,999 | €27,247 | -€10,752 | -28.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €66,427 | €81,840 | +€15,413 | +23.2% |
| Stocks and contracts in progress | 3 | €14,700 | €14,480 | -€220 | -1.5% |
| Stocks | 30/36 | €14,700 | €14,480 | -€220 | -1.5% |
| Amounts receivable within one year | 40/41 | €37,436 | €54,157 | +€16,721 | +44.7% |
| Trade receivables | 40 | €36,332 | €52,587 | +€16,255 | +44.7% |
| Other amounts receivable | 41 | €1,103 | €1,569 | +€466 | +42.3% |
| Cash at bank and in hand | 54/58 | €14,291 | €13,203 | -€1,088 | -7.6% |
| Total equity and liabilities | 10/49 | €105,092 | €109,587 | +€4,494 | +4.3% |
| Equity | 10/15 | -€73,678 | -€62,934 | +€10,744 | +14.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,678 | -€65,934 | +€10,744 | +14.0% |
| Amounts payable | 17/49 | €178,771 | €172,521 | -€6,250 | -3.5% |
| Amounts payable after more than one year | 17 | €3,381 | - | -€3,381 | |
| Financial debts | 170/4 | €3,381 | - | -€3,381 | |
| Amounts payable within one year | 42/48 | €175,390 | €172,521 | -€2,869 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €13,383 | €3,381 | -€10,002 | -74.7% |
| Trade debts | 44 | €852 | €1,901 | +€1,049 | +123.2% |
| Suppliers | 440/4 | €852 | €1,901 | +€1,049 | +123.2% |
| Taxes, remuneration and social security | 45 | €6,102 | €10,536 | +€4,434 | +72.7% |
| Taxes | 450/3 | €6,102 | €9,536 | +€3,434 | +56.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €155,053 | €156,703 | +€1,650 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,256 | €20,539 | -€717 | -3.4% |
| Other operating charges | 640/8 | €1,113 | €593 | -€520 | -46.7% |
| Non-recurring operating charges | 66A | €8 | €1,182 | +€1,174 | +14957.5% |
| Gross operating margin | 9900 | €21,066 | €33,625 | +€12,559 | +59.6% |
| Operating profit (loss) | 9901 | -€1,311 | €11,310 | +€12,622 | |
| Financial charges | 65/66B | €617 | €566 | -€51 | -8.3% |
| Recurring financial charges | 65 | €592 | €411 | -€181 | -30.6% |
| Non-recurring financial charges | 66B | €25 | €155 | +€130 | +520.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,928 | €10,744 | +€12,673 | |
| Profit (loss) for the period | 9904 | -€1,928 | €10,744 | +€12,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,928 | €10,744 | +€12,673 |
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 29 September 2026 via checked.be.