ROBOT: 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.
ROBOT
Largest movements
- Cash -€536,046
down €536,046 (-83.9%), from €639,142 to €103,096
mainly Receivables after one year (-€402,294) and Contributions, distributions and other (-€195,772)
- Receivables after one year +€402,294
new in 2024: €402,294
- Receivables within one year +€100,375
up €100,375 (+67.8%), from €148,008 to €248,382
of which Other amounts receivable: +€122,978
- Other debts +€195,772
up €195,772, from €0 to €195,772
- Reserves -€155,060
down €155,060 (-18.6%), from €834,928 to €679,868
of which Distributable reserves: -€155,060
- Debts after one year -€51,729
down €51,729 (-11.9%), from €436,396 to €384,668
- Tax, wage and social debts -€26,847
down €26,847 (-15.6%), from €171,682 to €144,835
of which Taxes: -€19,950
- Current portion of long-term debt -€19,343
down €19,343 (-29.5%), from €65,639 to €46,296
- Financial income -€1.0m
down €1.0m (-97.7%), from €1.0m to €24,008
of which Non-recurring financial income: -€1.0m
- Gross operating margin +€567,356
up €567,356, from -€436,656 to €130,700
- Taxes -€109,203
down €109,203 (-76.9%), from €141,921 to €32,718
- Staff costs -€80,911
down €80,911 (-100.0%), from €80,911 to €0
- Financial charges -€31,087
down €31,087 (-61.3%), from €50,733 to €19,647
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,629,559 | €1,583,222 | -€46,337 | -2.8% |
| Fixed assets | 21/28 | €842,409 | €828,814 | -€13,595 | -1.6% |
| Tangible fixed assets | 22/27 | €841,277 | €827,682 | -€13,595 | -1.6% |
| Land and buildings | 22 | €774,185 | €760,707 | -€13,478 | -1.7% |
| Plant, machinery and equipment | 23 | €65,310 | €53,746 | -€11,564 | -17.7% |
| Furniture and vehicles | 24 | €1,783 | €13,229 | +€11,447 | +642.1% |
| Financial fixed assets | 28 | €1,132 | €1,132 | = | 0.0% |
| Current assets | 29/58 | €787,150 | €754,407 | -€32,742 | -4.2% |
| Amounts receivable after more than one year | 29 | - | €402,294 | +€402,294 | |
| Other amounts receivable | 291 | - | €402,294 | +€402,294 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €148,008 | €248,382 | +€100,375 | +67.8% |
| Trade receivables | 40 | €94,744 | €72,140 | -€22,604 | -23.9% |
| Other amounts receivable | 41 | €53,263 | €176,242 | +€122,978 | +230.9% |
| Cash at bank and in hand | 54/58 | €639,142 | €103,096 | -€536,046 | -83.9% |
| Deferred charges and accrued income | 490/1 | €0 | €635 | +€635 | |
| Total equity and liabilities | 10/49 | €1,629,559 | €1,583,222 | -€46,337 | -2.8% |
| Equity | 10/15 | €853,520 | €698,460 | -€155,060 | -18.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €834,928 | €679,868 | -€155,060 | -18.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €921 | €921 | = | 0.0% |
| Distributable reserves | 133 | €832,147 | €677,087 | -€155,060 | -18.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €776,039 | €884,762 | +€108,722 | +14.0% |
| Amounts payable after more than one year | 17 | €436,396 | €384,668 | -€51,729 | -11.9% |
| Financial debts | 170/4 | €436,396 | €384,668 | -€51,729 | -11.9% |
| Amounts payable within one year | 42/48 | €332,821 | €484,531 | +€151,710 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €65,639 | €46,296 | -€19,343 | -29.5% |
| Financial debts | 43 | €6,754 | €0 | -€6,754 | -100.0% |
| Credit institutions | 430/8 | €6,754 | €0 | -€6,754 | -100.0% |
| Trade debts | 44 | €88,745 | €97,629 | +€8,884 | +10.0% |
| Suppliers | 440/4 | €88,745 | €97,629 | +€8,884 | +10.0% |
| Taxes, remuneration and social security | 45 | €171,682 | €144,835 | -€26,847 | -15.6% |
| Taxes | 450/3 | €164,785 | €144,835 | -€19,950 | -12.1% |
| Remuneration and social security | 454/9 | €6,898 | €0 | -€6,898 | -100.0% |
| Other amounts payable | 47/48 | €0 | €195,772 | +€195,772 | |
| Accrued charges and deferred income | 492/3 | €6,822 | €15,563 | +€8,741 | +128.1% |
| Remuneration, social security and pensions | 62 | €80,911 | €0 | -€80,911 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,615 | €47,541 | +€7,926 | +20.0% |
| Other operating charges | 640/8 | €27,187 | €14,090 | -€13,097 | -48.2% |
| Gross operating margin | 9900 | -€436,656 | €130,700 | +€567,356 | |
| Operating profit (loss) | 9901 | -€584,369 | €69,069 | +€653,437 | |
| Financial income | 75/76B | €1,043,671 | €24,008 | -€1.0m | -97.7% |
| Recurring financial income | 75 | €15,457 | €24,008 | +€8,551 | +55.3% |
| Non-recurring financial income | 76B | €1,028,214 | €0 | -€1.0m | -100.0% |
| Financial charges | 65/66B | €50,733 | €19,647 | -€31,087 | -61.3% |
| Recurring financial charges | 65 | €50,733 | €19,647 | -€31,087 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €408,569 | €73,430 | -€335,139 | -82.0% |
| Income taxes | 67/77 | €141,921 | €32,718 | -€109,203 | -76.9% |
| Profit (loss) for the period | 9904 | €266,648 | €40,712 | -€225,936 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €266,648 | €40,712 | -€225,936 | -84.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.