ROBOR en V: 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.
ROBOR en V
Largest movements
- Tangible fixed assets -€149,656
down €149,656 (-12.1%), from €1.2m to €1.1m
of which Furniture and vehicles: -€75,780
- Receivables within one year +€40,611
up €40,611 (+166%), from €24,518 to €65,129
of which Other amounts receivable: +€23,671
- Cash +€27,288
up €27,288 (+260%), from €10,507 to €37,795
mainly Net result for the year (+€131,292) and Investment in fixed assets (net) (+€75,780)
- Debts after one year -€118,851
down €118,851 (-12.3%), from €964,759 to €845,908
- Other debts +€54,507
up €54,507 (+103%), from €53,103 to €107,609
- Tax, wage and social debts +€21,494
up €21,494 (+426%), from €5,040 to €26,534
- Reserves -€20,594
down €20,594 (-3.4%), from €605,288 to €584,695
- Current portion of long-term debt -€19,707
down €19,707 (-22.8%), from €86,339 to €66,633
- Financial income +€133,915
up €133,915, from €0 to €133,915
- Gross operating margin -€26,639
down €26,639 (-15.8%), from €168,532 to €141,892
- Depreciation -€20,595
down €20,595 (-21.8%), from €94,471 to €73,876
- Taxes +€15,518
up €15,518 (+553%), from €2,805 to €18,323
- Financial charges -€7,256
down €7,256 (-17.6%), from €41,309 to €34,054
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 | €1,773,013 | €1,689,900 | -€83,113 | -4.7% |
| Fixed assets | 21/28 | €1,733,812 | €1,584,156 | -€149,656 | -8.6% |
| Tangible fixed assets | 22/27 | €1,233,827 | €1,084,171 | -€149,656 | -12.1% |
| Land and buildings | 22 | €1,152,529 | €1,080,453 | -€72,076 | -6.3% |
| Plant, machinery and equipment | 23 | €1,230 | €1,086 | -€143 | -11.7% |
| Furniture and vehicles | 24 | €75,780 | €0 | -€75,780 | -100% |
| Other tangible fixed assets | 26 | €4,287 | €2,631 | -€1,656 | -38.6% |
| Financial fixed assets | 28 | €499,985 | €499,985 | = | 0.0% |
| Current assets | 29/58 | €39,201 | €105,744 | +€66,543 | +170% |
| Amounts receivable within one year | 40/41 | €24,518 | €65,129 | +€40,611 | +166% |
| Trade receivables | 40 | €16,940 | €33,880 | +€16,940 | +100% |
| Other amounts receivable | 41 | €7,578 | €31,249 | +€23,671 | +312% |
| Cash at bank and in hand | 54/58 | €10,507 | €37,795 | +€27,288 | +260% |
| Deferred charges and accrued income | 490/1 | €4,177 | €2,820 | -€1,357 | -32.5% |
| Total equity and liabilities | 10/49 | €1,773,013 | €1,689,900 | -€83,113 | -4.7% |
| Equity | 10/15 | €611,488 | €590,895 | -€20,594 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €605,288 | €584,695 | -€20,594 | -3.4% |
| Distributable reserves | 133 | €605,288 | €584,695 | -€20,594 | -3.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,161,524 | €1,099,005 | -€62,519 | -5.4% |
| Amounts payable after more than one year | 17 | €964,759 | €845,908 | -€118,851 | -12.3% |
| Financial debts | 170/4 | €964,759 | €845,908 | -€118,851 | -12.3% |
| Amounts payable within one year | 42/48 | €196,765 | €253,097 | +€56,332 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €86,339 | €66,633 | -€19,707 | -22.8% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €2,284 | €2,321 | +€37 | +1.6% |
| Suppliers | 440/4 | €2,284 | €2,321 | +€37 | +1.6% |
| Taxes, remuneration and social security | 45 | €5,040 | €26,534 | +€21,494 | +426% |
| Taxes | 450/3 | €5,040 | €26,534 | +€21,494 | +426% |
| Other amounts payable | 47/48 | €53,103 | €107,609 | +€54,507 | +103% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,471 | €73,876 | -€20,595 | -21.8% |
| Other operating charges | 640/8 | €6,548 | €6,983 | +€435 | +6.6% |
| Non-recurring operating charges | 66A | - | €11,280 | +€11,280 | |
| Gross operating margin | 9900 | €168,532 | €141,892 | -€26,639 | -15.8% |
| Operating profit (loss) | 9901 | €67,513 | €49,754 | -€17,759 | -26.3% |
| Financial income | 75/76B | €0 | €133,915 | +€133,915 | |
| Recurring financial income | 75 | €0 | €133,915 | +€133,915 | |
| Financial charges | 65/66B | €41,309 | €34,054 | -€7,256 | -17.6% |
| Recurring financial charges | 65 | €41,309 | €34,054 | -€7,256 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €26,203 | €149,615 | +€123,412 | +471% |
| Income taxes | 67/77 | €2,805 | €18,323 | +€15,518 | +553% |
| Profit (loss) for the period | 9904 | €23,398 | €131,292 | +€107,894 | +461% |
| Profit (loss) for the period to be appropriated | 9905 | €23,398 | €131,292 | +€107,894 | +461% |
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 16 October 2026 via checked.be.