ROBOVISION: 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.
What changed
ROBOVISION
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€16.1m
2024 · -€13.0m-€3.1m
Equity
€18.5m
2024 · €34.6m-€16.1m
Cash
€893,339
2024 · €1.4m-€539,109
Balance sheet total
€22.6m
2024 · €40.5m-€17.9m
Largest movements
Assets
- Current investments -€11.5m
down €11.5m (-50.8%), from €22.6m to €11.1m
- Receivables within one year -€3.6m
down €3.6m (-61.6%), from €5.9m to €2.3m
of which Trade receivables: -€3.7m
- Stocks and contracts -€751,427
down €751,427 (-95.0%), from €791,184 to €39,758
- Cash -€539,109
down €539,109 (-37.6%), from €1.4m to €893,339
mainly Net result for the year (-€16.1m) and Investment in fixed assets (net) (-€3.2m)
- Deferred charges and accrued income -€500,676
down €500,676 (-50.8%), from €986,433 to €485,757
Equity and liabilities
- Profit (loss) carried forward -€16.1m
down €16.1m (-65.8%), from -€24.4m to -€40.4m
- Accrued charges and deferred income -€1.1m
down €1.1m (-43.7%), from €2.6m to €1.4m
- Tax, wage and social debts -€682,801
down €682,801 (-52.6%), from €1.3m to €615,832
of which Remuneration and social security: -€665,950
Income statement
- Turnover -€2.0m
down €2.0m (-36.7%), from €5.4m to €3.4m
- Depreciation +€1.7m
up €1.7m (+75.2%), from €2.3m to €4.1m
- Services and other goods -€1.1m
down €1.1m (-12.1%), from €9.5m to €8.3m
- Financial charges -€1.1m
down €1.1m (-49.9%), from €2.1m to €1.1m
of which Non-recurring financial charges: -€1.1m
- Other operating income -€980,380
down €980,380 (-57.9%), from €1.7m to €711,579
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
-€13.0m
Turnover
-€2.0m
Other operating income
-€980,380
Goods and materials
-€534,615
Services and other goods
+€1.1m
Staff costs
+€721,171
Depreciation
-€1.7m
Write-downs
-€26,056
Provisions
-€361,785
Other operating charges
-€64,888
Other operating items
-€39,690
Financial income
-€201,918
Financial charges
+€1.1m
Taxes
-€45,925
Result 2025
-€16.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€8.4m
Investment
+€8.3m
Financing
-€472,007
Cash 2024
€1.4m
From operations (derived)
-€8.4m
Net result for the year
-€16.1m
Depreciation
+€4.1m
Receivables after one year
+€73,188
Stocks and contracts
+€751,427
Receivables within one year
+€3.6m
Deferred charges and accrued income
+€500,676
Provisions
+€361,785
Trade debts
+€152,472
Tax, wage and social debts
-€682,801
Advances received
-€49,645
Other debts
-€9,120
Accrued charges and deferred income
-€1.1m
Investment (derived)
+€8.3m
Investment in fixed assets (net)
-€3.2m
Current investments
+€11.5m
Financing
-€472,007
Debts after one year
-€239,148
Current portion of long-term debt
-€73,719
Short-term financial debts
-€159,141
Cash 2025
€893,339
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,455,002 | €22,579,887 | -€17.9m | -44.2% |
| Fixed assets | 21/28 | €8,449,181 | €7,554,718 | -€894,463 | -10.6% |
| Intangible fixed assets | 21 | €7,192,545 | €6,749,129 | -€443,417 | -6.2% |
| Tangible fixed assets | 22/27 | €1,187,187 | €756,261 | -€430,925 | -36.3% |
| Plant, machinery and equipment | 23 | €148,013 | €153,296 | +€5,283 | +3.6% |
| Furniture and vehicles | 24 | €340,389 | €110,388 | -€230,001 | -67.6% |
| Other tangible fixed assets | 26 | €698,785 | €492,577 | -€206,208 | -29.5% |
| Financial fixed assets | 28 | €69,449 | €49,328 | -€20,121 | -29.0% |
| Affiliated companies | 280/1 | €9,146 | €9,146 | = | 0.0% |
| Participating interests | 280 | €9,146 | €9,146 | = | 0.0% |
| Other financial fixed assets | 284/8 | €60,304 | €40,182 | -€20,121 | -33.4% |
| Amounts receivable and cash guarantees | 285/8 | €60,304 | €40,182 | -€20,121 | -33.4% |
| Current assets | 29/58 | €32,005,821 | €15,025,169 | -€17.0m | -53.1% |
| Amounts receivable after more than one year | 29 | €288,761 | €215,573 | -€73,188 | -25.3% |
| Other amounts receivable | 291 | €288,761 | €215,573 | -€73,188 | -25.3% |
| Stocks and contracts in progress | 3 | €791,184 | €39,758 | -€751,427 | -95.0% |
| Stocks | 30/36 | €791,184 | €39,758 | -€751,427 | -95.0% |
| Goods purchased for resale | 34 | €791,184 | €39,758 | -€751,427 | -95.0% |
| Amounts receivable within one year | 40/41 | €5,906,995 | €2,265,743 | -€3.6m | -61.6% |
| Trade receivables | 40 | €5,309,222 | €1,630,953 | -€3.7m | -69.3% |
| Other amounts receivable | 41 | €597,774 | €634,790 | +€37,016 | +6.2% |
| Current investments | 50/53 | €22,600,000 | €11,125,000 | -€11.5m | -50.8% |
| Other investments | 51/53 | €22,600,000 | €11,125,000 | -€11.5m | -50.8% |
| Cash at bank and in hand | 54/58 | €1,432,447 | €893,339 | -€539,109 | -37.6% |
| Deferred charges and accrued income | 490/1 | €986,433 | €485,757 | -€500,676 | -50.8% |
| Total equity and liabilities | 10/49 | €40,455,002 | €22,579,887 | -€17.9m | -44.2% |
| Equity | 10/15 | €34,566,261 | €18,513,850 | -€16.1m | -46.4% |
| Contributions | 10/11 | €58,794,760 | €58,794,760 | = | 0.0% |
| Reserves | 13 | €157,000 | €157,000 | = | 0.0% |
| Distributable reserves | 133 | €157,000 | €157,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,385,498 | -€40,437,910 | -€16.1m | -65.8% |
| Provisions and deferred taxes | 16 | - | €361,785 | +€361,785 | |
| Provisions for liabilities and charges | 160/5 | - | €361,785 | +€361,785 | |
| Other liabilities and charges | 164/5 | - | €361,785 | +€361,785 | |
| Amounts payable | 17/49 | €5,888,741 | €3,704,253 | -€2.2m | -37.1% |
| Amounts payable after more than one year | 17 | €388,347 | €149,199 | -€239,148 | -61.6% |
| Financial debts | 170/4 | €388,347 | €149,199 | -€239,148 | -61.6% |
| Credit institutions | 173 | €388,347 | €149,199 | -€239,148 | -61.6% |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,930,485 | €2,108,532 | -€821,953 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €222,917 | €149,199 | -€73,719 | -33.1% |
| Financial debts | 43 | €159,141 | €0 | -€159,141 | -100% |
| Credit institutions | 430/8 | €159,141 | €0 | -€159,141 | -100% |
| Trade debts | 44 | €1,191,030 | €1,343,502 | +€152,472 | +12.8% |
| Suppliers | 440/4 | €1,191,030 | €1,343,502 | +€152,472 | +12.8% |
| Advances received on contracts in progress | 46 | €49,645 | €0 | -€49,645 | -100% |
| Taxes, remuneration and social security | 45 | €1,298,632 | €615,832 | -€682,801 | -52.6% |
| Taxes | 450/3 | €16,851 | €0 | -€16,851 | -100% |
| Remuneration and social security | 454/9 | €1,281,782 | €615,832 | -€665,950 | -52.0% |
| Other amounts payable | 47/48 | €9,120 | €0 | -€9,120 | -100% |
| Accrued charges and deferred income | 492/3 | €2,569,909 | €1,446,521 | -€1.1m | -43.7% |
| Operating income | 70/76A | €10,773,083 | €7,398,181 | -€3.4m | -31.3% |
| Turnover | 70 | €5,414,790 | €3,425,603 | -€2.0m | -36.7% |
| Own construction capitalised | 72 | €3,645,912 | €3,220,173 | -€425,739 | -11.7% |
| Other operating income | 74 | €1,691,959 | €711,579 | -€980,380 | -57.9% |
| Non-recurring operating income | 76A | €20,422 | €40,825 | +€20,403 | +99.9% |
| Operating charges | 60/66A | €22,452,780 | €22,955,383 | +€502,604 | +2.2% |
| Goods for resale, raw materials and consumables | 60 | €713,171 | €1,247,786 | +€534,615 | +75.0% |
| Purchases | 600/8 | €698,470 | €496,360 | -€202,110 | -28.9% |
| Change in stocks: decrease (increase) | 609 | €14,701 | €751,427 | +€736,725 | +5,011% |
| Services and other goods | 61 | €9,454,987 | €8,315,103 | -€1.1m | -12.1% |
| Remuneration, social security and pensions | 62 | €9,477,649 | €8,756,478 | -€721,171 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,316,444 | €4,058,403 | +€1.7m | +75.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,278 | €30,334 | +€26,056 | +609% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €361,785 | +€361,785 | |
| Other operating charges | 640/8 | €42,437 | €107,325 | +€64,888 | +153% |
| Non-recurring operating charges | 66A | €443,814 | €78,169 | -€365,645 | -82.4% |
| Operating profit (loss) | 9901 | -€11,679,697 | -€15,557,202 | -€3.9m | -33.2% |
| Financial income | 75/76B | €680,606 | €478,688 | -€201,918 | -29.7% |
| Recurring financial income | 75 | €680,606 | €478,688 | -€201,918 | -29.7% |
| Income from current assets | 751 | €645,333 | €430,640 | -€214,693 | -33.3% |
| Other financial income | 752/9 | €35,273 | €48,049 | +€12,776 | +36.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,113,596 | €1,058,722 | -€1.1m | -49.9% |
| Recurring financial charges | 65 | €132,147 | €207,621 | +€75,474 | +57.1% |
| Debt charges | 650 | €98,081 | €31,215 | -€66,866 | -68.2% |
| Other financial charges | 652/9 | €34,067 | €176,406 | +€142,340 | +418% |
| Non-recurring financial charges | 66B | €1,981,449 | €851,101 | -€1.1m | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,112,687 | -€16,137,235 | -€3.0m | -23.1% |
| Income taxes | 67/77 | -€130,749 | -€84,824 | +€45,925 | +35.1% |
| Taxes | 670/3 | €10,530 | €9,596 | -€934 | -8.9% |
| Tax adjustments and reversals of tax provisions | 77 | €141,279 | €94,420 | -€46,859 | -33.2% |
| Profit (loss) for the period | 9904 | -€12,981,938 | -€16,052,411 | -€3.1m | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,981,938 | -€16,052,411 | -€3.1m | -23.7% |
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 13 October 2026 via checked.be.