ROBRECHT: 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.
ROBRECHT
Largest movements
- Cash +€112,528
up €112,528 (+78.9%), from €142,615 to €255,143
mainly Net result for the year (+€157,429) and Depreciation (+€13,123)
- Profit (loss) carried forward +€153,337
up €153,337 (+34.5%), from €444,295 to €597,631
- Provisions -€51,193
down €51,193 (-11.3%), from €453,839 to €402,646
- Gross operating margin +€82,923
up €82,923 (+41.4%), from €200,337 to €283,261
- Taxes +€23,554
up €23,554 (+81.4%), from €28,922 to €52,476
- Financial charges -€11,469
down €11,469 (-16.2%), from €70,915 to €59,447
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,409,047 | €1,512,415 | +€103,367 | +7.3% |
| Fixed assets | 21/28 | €1,231,138 | €1,218,015 | -€13,123 | -1.1% |
| Tangible fixed assets | 22/27 | €553,584 | €540,461 | -€13,123 | -2.4% |
| Land and buildings | 22 | €553,584 | €540,461 | -€13,123 | -2.4% |
| Financial fixed assets | 28 | €677,554 | €677,554 | = | 0.0% |
| Current assets | 29/58 | €177,909 | €294,400 | +€116,491 | +65.5% |
| Amounts receivable within one year | 40/41 | €35,294 | €39,257 | +€3,963 | +11.2% |
| Trade receivables | 40 | €31,000 | €37,975 | +€6,975 | +22.5% |
| Other amounts receivable | 41 | €4,294 | €1,282 | -€3,012 | -70.1% |
| Cash at bank and in hand | 54/58 | €142,615 | €255,143 | +€112,528 | +78.9% |
| Total equity and liabilities | 10/49 | €1,409,047 | €1,512,415 | +€103,367 | +7.3% |
| Equity | 10/15 | €774,772 | €928,109 | +€153,337 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,878 | €311,878 | = | 0.0% |
| Distributable reserves | 133 | €311,878 | €311,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | €444,295 | €597,631 | +€153,337 | +34.5% |
| Provisions and deferred taxes | 16 | €453,839 | €402,646 | -€51,193 | -11.3% |
| Provisions for liabilities and charges | 160/5 | €453,839 | €402,646 | -€51,193 | -11.3% |
| Other liabilities and charges | 164/5 | €453,839 | €402,646 | -€51,193 | -11.3% |
| Amounts payable | 17/49 | €180,436 | €181,659 | +€1,223 | +0.7% |
| Amounts payable within one year | 42/48 | €180,436 | €181,659 | +€1,223 | +0.7% |
| Trade debts | 44 | €1,344 | €271 | -€1,073 | -79.8% |
| Suppliers | 440/4 | €1,344 | €271 | -€1,073 | -79.8% |
| Taxes, remuneration and social security | 45 | - | €2,296 | +€2,296 | |
| Taxes | 450/3 | - | €2,296 | +€2,296 | |
| Other amounts payable | 47/48 | €179,092 | €179,092 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,159 | €13,123 | -€36 | -0.3% |
| Other operating charges | 640/8 | €1,349 | €1,387 | +€38 | +2.8% |
| Gross operating margin | 9900 | €200,337 | €283,261 | +€82,923 | +41.4% |
| Operating profit (loss) | 9901 | €185,830 | €268,750 | +€82,921 | +44.6% |
| Financial income | 75/76B | €600 | €601 | +€1 | +0.2% |
| Recurring financial income | 75 | €600 | €601 | +€1 | +0.2% |
| Financial charges | 65/66B | €70,915 | €59,447 | -€11,469 | -16.2% |
| Recurring financial charges | 65 | €70,915 | €59,447 | -€11,469 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €115,514 | €209,905 | +€94,391 | +81.7% |
| Income taxes | 67/77 | €28,922 | €52,476 | +€23,554 | +81.4% |
| Profit (loss) for the period | 9904 | €86,592 | €157,429 | +€70,836 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,592 | €157,429 | +€70,836 | +81.8% |
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 6 October 2026 via checked.be.