ROBINSON: 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.
ROBINSON
Largest movements
- Intangible fixed assets +€559,478
new in 2025: €559,478
- Financial fixed assets -€500,000
no longer reported in 2025 (was €500,000)
- Current investments +€222,375
up €222,375 (+31.8%), from €700,378 to €922,753
- Receivables within one year -€199,147
down €199,147 (-8.3%), from €2.4m to €2.2m
of which Other amounts receivable: -€215,515
- Profit (loss) carried forward +€73,884
up €73,884 (+8.5%), from €866,921 to €940,805
- Depreciation +€45,587
new in 2025: €45,587
- Staff costs -€34,196
down €34,196 (-99.2%), from €34,466 to €269
- Financial income -€23,834
down €23,834 (-17.7%), from €134,360 to €110,527
- Gross operating margin -€4,671
down €4,671 (-5.9%), from €79,313 to €74,642
- Taxes +€4,340
up €4,340 (+8.2%), from €53,038 to €57,378
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 | €3,612,448 | €3,693,621 | +€81,173 | +2.2% |
| Fixed assets | 21/28 | €512,081 | €573,445 | +€61,365 | +12.0% |
| Intangible fixed assets | 21 | - | €559,478 | +€559,478 | |
| Tangible fixed assets | 22/27 | €12,081 | €13,967 | +€1,887 | +15.6% |
| Furniture and vehicles | 24 | €12,081 | €13,967 | +€1,887 | +15.6% |
| Financial fixed assets | 28 | €500,000 | - | -€500,000 | |
| Current assets | 29/58 | €3,100,367 | €3,120,176 | +€19,809 | +0.6% |
| Amounts receivable within one year | 40/41 | €2,394,191 | €2,195,044 | -€199,147 | -8.3% |
| Trade receivables | 40 | - | €16,368 | +€16,368 | |
| Other amounts receivable | 41 | €2,394,191 | €2,178,676 | -€215,515 | -9.0% |
| Current investments | 50/53 | €700,378 | €922,753 | +€222,375 | +31.8% |
| Cash at bank and in hand | 54/58 | €5,798 | €2,378 | -€3,419 | -59.0% |
| Total equity and liabilities | 10/49 | €3,612,448 | €3,693,621 | +€81,173 | +2.2% |
| Equity | 10/15 | €3,472,400 | €3,546,284 | +€73,884 | +2.1% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €2,481,533 | €2,481,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €2,469,138 | €2,469,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | €866,921 | €940,805 | +€73,884 | +8.5% |
| Amounts payable | 17/49 | €140,047 | €147,337 | +€7,289 | +5.2% |
| Amounts payable within one year | 42/48 | €140,047 | €147,337 | +€7,289 | +5.2% |
| Trade debts | 44 | €11,712 | €11,435 | -€277 | -2.4% |
| Suppliers | 440/4 | €11,712 | €11,435 | -€277 | -2.4% |
| Taxes, remuneration and social security | 45 | €128,336 | €135,902 | +€7,566 | +5.9% |
| Taxes | 450/3 | €128,336 | €135,902 | +€7,566 | +5.9% |
| Remuneration, social security and pensions | 62 | €34,466 | €269 | -€34,196 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €45,587 | +€45,587 | |
| Other operating charges | 640/8 | €4,236 | €5,877 | +€1,642 | +38.8% |
| Gross operating margin | 9900 | €79,313 | €74,642 | -€4,671 | -5.9% |
| Operating profit (loss) | 9901 | €40,612 | €22,909 | -€17,703 | -43.6% |
| Financial income | 75/76B | €134,360 | €110,527 | -€23,834 | -17.7% |
| Recurring financial income | 75 | €134,360 | €110,527 | -€23,834 | -17.7% |
| Financial charges | 65/66B | €1,203 | €2,173 | +€971 | +80.7% |
| Recurring financial charges | 65 | €1,203 | €2,173 | +€971 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €173,769 | €131,262 | -€42,507 | -24.5% |
| Income taxes | 67/77 | €53,038 | €57,378 | +€4,340 | +8.2% |
| Profit (loss) for the period | 9904 | €120,731 | €73,884 | -€46,847 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,731 | €73,884 | -€46,847 | -38.8% |
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.