ROBOVAN: 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.
What changed
ROBOVAN
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€384
2024 · -€15,762+€16,146
Equity
€431,562
2024 · €432,844-€1,282
Cash
€3,029
2024 · €2,737+€292
Balance sheet total
€1.1m
2024 · €1.2m-€69,996
Largest movements
Assets
- Tangible fixed assets -€67,771
down €67,771 (-5.8%), from €1.2m to €1.1m
of which Other tangible fixed assets: -€39,497
Equity and liabilities
- Debts after one year -€33,659
down €33,659 (-24.7%), from €136,318 to €102,658
- Other debts -€26,236
down €26,236 (-4.8%), from €550,549 to €524,314
Income statement
- Gross operating margin +€12,993
up €12,993 (+16.1%), from €80,851 to €93,844
- Depreciation -€6,846
down €6,846 (-9.3%), from €73,906 to €67,059
- Other operating charges +€2,499
up €2,499 (+15.6%), from €15,983 to €18,482
- Financial charges +€1,171
up €1,171 (+18.3%), from €6,385 to €7,555
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.
Result 2024
-€15,762
Gross operating margin
+€12,993
Depreciation
+€6,846
Other operating charges
-€2,499
Other operating items
+€60
Financial income
-€106
Financial charges
-€1,171
Taxes
+€22
Result 2025
€384
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.
From operations
+€47,693
Investment
+€711
Financing
-€48,113
Cash 2024
€2,737
From operations (derived)
+€47,693
Net result for the year
+€384
Depreciation
+€67,059
Stocks and contracts
+€1,516
Receivables within one year
+€141
Deferred charges and accrued income
+€860
Trade debts
+€3,581
Tax, wage and social debts
+€387
Other debts
-€26,236
Investment (derived)
+€711
Investment in fixed assets (net)
+€711
Financing
-€48,113
Debts after one year
-€33,659
Current portion of long-term debt
-€3,074
Short-term financial debts
-€9,713
Contributions, distributions and other
-€1,666
Cash 2025
€3,029
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,175,917 | €1,105,921 | -€69,996 | -6.0% |
| Fixed assets | 21/28 | €1,162,278 | €1,094,507 | -€67,771 | -5.8% |
| Tangible fixed assets | 22/27 | €1,162,278 | €1,094,507 | -€67,771 | -5.8% |
| Land and buildings | 22 | €602,615 | €597,247 | -€5,368 | -0.9% |
| Plant, machinery and equipment | 23 | €25,632 | €17,771 | -€7,861 | -30.7% |
| Furniture and vehicles | 24 | €38,395 | €23,350 | -€15,045 | -39.2% |
| Other tangible fixed assets | 26 | €495,635 | €456,139 | -€39,497 | -8.0% |
| Current assets | 29/58 | €13,640 | €11,414 | -€2,226 | -16.3% |
| Stocks and contracts in progress | 3 | €4,366 | €2,850 | -€1,516 | -34.7% |
| Stocks | 30/36 | €4,366 | €2,850 | -€1,516 | -34.7% |
| Amounts receivable within one year | 40/41 | €811 | €670 | -€141 | -17.4% |
| Trade receivables | 40 | €811 | €670 | -€141 | -17.4% |
| Cash at bank and in hand | 54/58 | €2,737 | €3,029 | +€292 | +10.7% |
| Deferred charges and accrued income | 490/1 | €5,726 | €4,866 | -€860 | -15.0% |
| Total equity and liabilities | 10/49 | €1,175,917 | €1,105,921 | -€69,996 | -6.0% |
| Equity | 10/15 | €432,844 | €431,562 | -€1,282 | -0.3% |
| Contributions | 10/11 | €123,905 | €123,905 | = | 0.0% |
| Reserves | 13 | €308,939 | €307,657 | -€1,282 | -0.4% |
| Tax-exempt reserves | 132 | €4,348 | €4,348 | = | 0.0% |
| Distributable reserves | 133 | €304,591 | €303,309 | -€1,282 | -0.4% |
| Amounts payable | 17/49 | €743,074 | €674,359 | -€68,715 | -9.2% |
| Amounts payable after more than one year | 17 | €136,318 | €102,658 | -€33,659 | -24.7% |
| Financial debts | 170/4 | €136,318 | €102,658 | -€33,659 | -24.7% |
| Amounts payable within one year | 42/48 | €606,756 | €571,701 | -€35,055 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €36,734 | €33,659 | -€3,074 | -8.4% |
| Financial debts | 43 | €9,713 | - | -€9,713 | |
| Credit institutions | 430/8 | €9,713 | - | -€9,713 | |
| Trade debts | 44 | €9,015 | €12,596 | +€3,581 | +39.7% |
| Suppliers | 440/4 | €9,015 | €12,596 | +€3,581 | +39.7% |
| Taxes, remuneration and social security | 45 | €745 | €1,132 | +€387 | +52.0% |
| Taxes | 450/3 | €745 | €1,132 | +€387 | +52.0% |
| Other amounts payable | 47/48 | €550,549 | €524,314 | -€26,236 | -4.8% |
| Non-recurring operating income | 76A | - | €289 | +€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,906 | €67,059 | -€6,846 | -9.3% |
| Other operating charges | 640/8 | €15,983 | €18,482 | +€2,499 | +15.6% |
| Non-recurring operating charges | 66A | €60 | - | -€60 | |
| Gross operating margin | 9900 | €80,851 | €93,844 | +€12,993 | +16.1% |
| Operating profit (loss) | 9901 | -€9,098 | €8,302 | +€17,400 | |
| Financial income | 75/76B | €108 | €2 | -€106 | -98.4% |
| Recurring financial income | 75 | €108 | €2 | -€106 | -98.4% |
| Financial charges | 65/66B | €6,385 | €7,555 | +€1,171 | +18.3% |
| Recurring financial charges | 65 | €6,385 | €7,555 | +€1,171 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,375 | €748 | +€16,123 | |
| Income taxes | 67/77 | €387 | €364 | -€22 | -5.8% |
| Profit (loss) for the period | 9904 | -€15,762 | €384 | +€16,146 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,762 | €384 | +€16,146 |
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 7 October 2026 via checked.be.