ROBRU: 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.
ROBRU
Largest movements
- Tangible fixed assets +€849,852
up €849,852 (+2689.0%), from €31,605 to €881,457
of which Land and buildings: +€830,336
- Cash -€819,908
down €819,908 (-52.6%), from €1.6m to €737,668
mainly Investment in fixed assets (net) (-€718,986) and Receivables after one year (-€647,265)
- Receivables within one year -€730,046
down €730,046 (-82.8%), from €881,924 to €151,878
of which Trade receivables: -€814,381
- Receivables after one year +€647,265
new in 2025: €647,265
- Financial fixed assets -€154,744
no longer reported in 2025 (was €154,744)
- Other debts -€228,998
no longer reported in 2025 (was €228,998)
- Reserves +€183,200
up €183,200 (+7.1%), from €2.6m to €2.7m
- Trade debts -€42,544
down €42,544 (-86.1%), from €49,389 to €6,845
- Financial income +€37,997
up €37,997 (+319.1%), from €11,908 to €49,905
- Taxes -€32,705
down €32,705 (-28.5%), from €114,714 to €82,008
- Depreciation +€18,708
up €18,708 (+361.9%), from €5,169 to €23,877
- Gross operating margin +€6,337
up €6,337 (+2.7%), from €238,575 to €244,913
- Financial charges +€4,140
up €4,140 (+280.6%), from €1,475 to €5,616
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 | €3,123,555 | €3,069,869 | -€53,686 | -1.7% |
| Fixed assets | 21/28 | €186,349 | €881,457 | +€695,108 | +373.0% |
| Tangible fixed assets | 22/27 | €31,605 | €881,457 | +€849,852 | +2689.0% |
| Land and buildings | 22 | - | €830,336 | +€830,336 | |
| Plant, machinery and equipment | 23 | €14,072 | - | -€14,072 | |
| Furniture and vehicles | 24 | €17,533 | €38,542 | +€21,009 | +119.8% |
| Other tangible fixed assets | 26 | - | €12,580 | +€12,580 | |
| Financial fixed assets | 28 | €154,744 | - | -€154,744 | |
| Current assets | 29/58 | €2,937,206 | €2,188,412 | -€748,795 | -25.5% |
| Amounts receivable after more than one year | 29 | - | €647,265 | +€647,265 | |
| Trade receivables | 290 | - | €647,265 | +€647,265 | |
| Amounts receivable within one year | 40/41 | €881,924 | €151,878 | -€730,046 | -82.8% |
| Trade receivables | 40 | €881,924 | €67,543 | -€814,381 | -92.3% |
| Other amounts receivable | 41 | - | €84,335 | +€84,335 | |
| Current investments | 50/53 | €497,624 | €651,454 | +€153,830 | +30.9% |
| Cash at bank and in hand | 54/58 | €1,557,576 | €737,668 | -€819,908 | -52.6% |
| Deferred charges and accrued income | 490/1 | €82 | €147 | +€65 | +79.3% |
| Total equity and liabilities | 10/49 | €3,123,555 | €3,069,869 | -€53,686 | -1.7% |
| Equity | 10/15 | €2,761,272 | €2,944,564 | +€183,292 | +6.6% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €2,562,438 | €2,745,638 | +€183,200 | +7.1% |
| Non-distributable reserves | 130/1 | €2,562,438 | €2,745,638 | +€183,200 | +7.1% |
| Legal reserve | 130 | €11,598 | €11,598 | = | 0.0% |
| Other | 1319 | €2,550,840 | €2,734,040 | +€183,200 | +7.2% |
| Profit (loss) carried forward | 14 | €520 | €612 | +€92 | +17.7% |
| Amounts payable | 17/49 | €362,282 | €125,304 | -€236,978 | -65.4% |
| Amounts payable within one year | 42/48 | €361,720 | €112,041 | -€249,680 | -69.0% |
| Trade debts | 44 | €49,389 | €6,845 | -€42,544 | -86.1% |
| Suppliers | 440/4 | €49,389 | €6,845 | -€42,544 | -86.1% |
| Taxes, remuneration and social security | 45 | €83,333 | €105,196 | +€21,863 | +26.2% |
| Taxes | 450/3 | €83,333 | €105,196 | +€21,863 | +26.2% |
| Other amounts payable | 47/48 | €228,998 | - | -€228,998 | |
| Accrued charges and deferred income | 492/3 | €562 | €13,263 | +€12,701 | +2260.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,169 | €23,877 | +€18,708 | +361.9% |
| Other operating charges | 640/8 | €2,067 | €24 | -€2,043 | -98.8% |
| Gross operating margin | 9900 | €238,575 | €244,913 | +€6,337 | +2.7% |
| Operating profit (loss) | 9901 | €231,339 | €221,011 | -€10,327 | -4.5% |
| Financial income | 75/76B | €11,908 | €49,905 | +€37,997 | +319.1% |
| Recurring financial income | 75 | €11,908 | €49,905 | +€37,997 | +319.1% |
| Financial charges | 65/66B | €1,475 | €5,616 | +€4,140 | +280.6% |
| Recurring financial charges | 65 | €1,475 | €5,616 | +€4,140 | +280.6% |
| Profit (loss) for the period before taxes | 9903 | €241,772 | €265,300 | +€23,529 | +9.7% |
| Income taxes | 67/77 | €114,714 | €82,008 | -€32,705 | -28.5% |
| Profit (loss) for the period | 9904 | €127,058 | €183,292 | +€56,234 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €127,058 | €183,292 | +€56,234 | +44.3% |
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.