STIJN ROBBERECHTS: 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.
STIJN ROBBERECHTS
Largest movements
- Current investments +€70,000
new in 2025: €70,000
- Cash -€28,353
down €28,353 (-62.1%), from €45,691 to €17,338
mainly Current investments (-€70,000) and Deferred charges and accrued income (-€1,969)
- Financial fixed assets -€2,100
no longer reported in 2025 (was €2,100)
- Deferred charges and accrued income +€1,969
up €1,969 (+132.0%), from €1,492 to €3,461
- Profit (loss) carried forward +€38,652
up €38,652 (+86.7%), from €44,578 to €83,230
- Trade debts +€1,924
up €1,924 (+1310.1%), from €147 to €2,071
- Accrued charges and deferred income +€1,250
up €1,250 (+100.0%), from €1,250 to €2,500
- Gross operating margin -€5,740
down €5,740 (-9.8%), from €58,715 to €52,976
- Taxes -€1,078
down €1,078 (-8.5%), from €12,738 to €11,660
- Financial charges +€893
up €893 (+130.8%), from €682 to €1,575
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 | €71,631 | €112,450 | +€40,819 | +57.0% |
| Fixed assets | 21/28 | €4,769 | €2,434 | -€2,335 | -49.0% |
| Tangible fixed assets | 22/27 | €2,669 | €2,434 | -€235 | -8.8% |
| Plant, machinery and equipment | 23 | €1,065 | €779 | -€285 | -26.8% |
| Furniture and vehicles | 24 | €1,604 | €1,655 | +€51 | +3.1% |
| Financial fixed assets | 28 | €2,100 | - | -€2,100 | |
| Current assets | 29/58 | €66,862 | €110,016 | +€43,154 | +64.5% |
| Amounts receivable within one year | 40/41 | €19,679 | €19,217 | -€462 | -2.3% |
| Trade receivables | 40 | €19,665 | €19,217 | -€448 | -2.3% |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €45,691 | €17,338 | -€28,353 | -62.1% |
| Deferred charges and accrued income | 490/1 | €1,492 | €3,461 | +€1,969 | +132.0% |
| Total equity and liabilities | 10/49 | €71,631 | €112,450 | +€40,819 | +57.0% |
| Equity | 10/15 | €47,578 | €86,230 | +€38,652 | +81.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,578 | €83,230 | +€38,652 | +86.7% |
| Amounts payable | 17/49 | €24,053 | €26,220 | +€2,167 | +9.0% |
| Amounts payable within one year | 42/48 | €22,803 | €23,720 | +€917 | +4.0% |
| Trade debts | 44 | €147 | €2,071 | +€1,924 | +1310.1% |
| Suppliers | 440/4 | €147 | €2,071 | +€1,924 | +1310.1% |
| Taxes, remuneration and social security | 45 | €22,656 | €21,648 | -€1,008 | -4.4% |
| Taxes | 450/3 | €22,656 | €21,648 | -€1,008 | -4.4% |
| Accrued charges and deferred income | 492/3 | €1,250 | €2,500 | +€1,250 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717 | €991 | +€274 | +38.2% |
| Other operating charges | 640/8 | - | €190 | +€190 | |
| Gross operating margin | 9900 | €58,715 | €52,976 | -€5,740 | -9.8% |
| Operating profit (loss) | 9901 | €57,999 | €51,794 | -€6,204 | -10.7% |
| Financial income | 75/76B | - | €93 | +€93 | |
| Recurring financial income | 75 | - | €93 | +€93 | |
| Financial charges | 65/66B | €682 | €1,575 | +€893 | +130.8% |
| Recurring financial charges | 65 | €682 | €1,575 | +€893 | +130.8% |
| Profit (loss) for the period before taxes | 9903 | €57,316 | €50,313 | -€7,004 | -12.2% |
| Income taxes | 67/77 | €12,738 | €11,660 | -€1,078 | -8.5% |
| Profit (loss) for the period | 9904 | €44,578 | €38,652 | -€5,926 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,578 | €38,652 | -€5,926 | -13.3% |
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 10 October 2026 via checked.be.