Robur Consulting: 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.
Robur Consulting
Largest movements
- Cash -€274,495
down €274,495 (-80.0%), from €343,240 to €68,745
mainly Other debts (-€135,214) and Contributions, distributions and other (-€80,000)
- Receivables after one year -€38,318
no longer reported in 2025 (was €38,318)
- Receivables within one year +€37,282
up €37,282 (+170%), from €21,927 to €59,209
of which Other amounts receivable: +€49,029
- Tangible fixed assets +€5,820
up €5,820 (+13,479%), from €43 to €5,863
- Other debts -€135,214
down €135,214 (-64.1%), from €211,042 to €75,828
- Reserves -€80,974
no longer reported in 2025 (was €80,974)
- Debts after one year -€23,505
down €23,505 (-32.0%), from €73,505 to €50,000
of which Financial debts: -€23,505
- Profit (loss) carried forward -€21,234
new in 2025: -€21,234
- Tax, wage and social debts -€4,419
down €4,419 (-68.8%), from €6,424 to €2,005
- Financial income -€180,902
down €180,902 (-98.5%), from €183,738 to €2,835
- Gross operating margin -€67,016
down €67,016, from €47,494 to -€19,522
- Taxes -€55,313
down €55,313 (-99.8%), from €55,445 to €132
- Depreciation +€1,751
up €1,751 (+677%), from €259 to €2,009
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,005 | €137,728 | -€267,277 | -66.0% |
| Fixed assets | 21/28 | €43 | €5,863 | +€5,820 | +13,479% |
| Tangible fixed assets | 22/27 | €43 | €5,863 | +€5,820 | +13,479% |
| Furniture and vehicles | 24 | €43 | €5,863 | +€5,820 | +13,479% |
| Current assets | 29/58 | €404,962 | €131,865 | -€273,097 | -67.4% |
| Amounts receivable after more than one year | 29 | €38,318 | - | -€38,318 | |
| Other amounts receivable | 291 | €38,318 | - | -€38,318 | |
| Amounts receivable within one year | 40/41 | €21,927 | €59,209 | +€37,282 | +170% |
| Trade receivables | 40 | €14,034 | €2,287 | -€11,747 | -83.7% |
| Other amounts receivable | 41 | €7,893 | €56,922 | +€49,029 | +621% |
| Cash at bank and in hand | 54/58 | €343,240 | €68,745 | -€274,495 | -80.0% |
| Deferred charges and accrued income | 490/1 | €1,477 | €3,911 | +€2,434 | +165% |
| Total equity and liabilities | 10/49 | €405,005 | €137,728 | -€267,277 | -66.0% |
| Equity | 10/15 | €85,974 | -€16,234 | -€102,208 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,974 | - | -€80,974 | |
| Distributable reserves | 133 | €80,974 | - | -€80,974 | |
| Profit (loss) carried forward | 14 | - | -€21,234 | -€21,234 | |
| Amounts payable | 17/49 | €319,031 | €153,962 | -€165,069 | -51.7% |
| Amounts payable after more than one year | 17 | €73,505 | €50,000 | -€23,505 | -32.0% |
| Financial debts | 170/4 | €23,505 | - | -€23,505 | |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €244,756 | €102,252 | -€142,504 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €25,396 | €23,505 | -€1,892 | -7.4% |
| Trade debts | 44 | €1,894 | €915 | -€979 | -51.7% |
| Suppliers | 440/4 | €1,894 | €915 | -€979 | -51.7% |
| Taxes, remuneration and social security | 45 | €6,424 | €2,005 | -€4,419 | -68.8% |
| Taxes | 450/3 | €6,424 | €2,005 | -€4,419 | -68.8% |
| Other amounts payable | 47/48 | €211,042 | €75,828 | -€135,214 | -64.1% |
| Accrued charges and deferred income | 492/3 | €771 | €1,711 | +€940 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259 | €2,009 | +€1,751 | +677% |
| Other operating charges | 640/8 | €1,240 | €1,302 | +€62 | +5.0% |
| Gross operating margin | 9900 | €47,494 | -€19,522 | -€67,016 | |
| Operating profit (loss) | 9901 | €45,994 | -€22,834 | -€68,828 | |
| Financial income | 75/76B | €183,738 | €2,835 | -€180,902 | -98.5% |
| Recurring financial income | 75 | €183,738 | €2,835 | -€180,902 | -98.5% |
| Financial charges | 65/66B | €2,534 | €2,077 | -€456 | -18.0% |
| Recurring financial charges | 65 | €2,534 | €2,077 | -€456 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €227,199 | -€22,076 | -€249,274 | |
| Income taxes | 67/77 | €55,445 | €132 | -€55,313 | -99.8% |
| Profit (loss) for the period | 9904 | €171,753 | -€22,208 | -€193,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €171,753 | -€22,208 | -€193,961 |
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 26 October 2026 via checked.be.