THE ROBIN: 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.
THE ROBIN
Largest movements
- Cash +€19,979
up €19,979 (+443%), from €4,514 to €24,493
mainly Net result for the year (+€26,908) and Debts after one year (+€22,317)
- Tangible fixed assets +€14,570
up €14,570 (+26.3%), from €55,483 to €70,053
of which Land and buildings: +€14,990
- Profit (loss) carried forward +€26,908
up €26,908, from -€24,006 to €2,902
- Debts after one year +€22,317
up €22,317 (+203%), from €10,991 to €33,308
of which Other amounts payable: +€20,000
- Short-term financial debts -€10,817
no longer reported in 2024 (was €10,817)
- Tax, wage and social debts -€3,645
no longer reported in 2024 (was €3,645)
- Trade debts -€1,091
no longer reported in 2024 (was €1,091)
- Staff costs -€21,693
down €21,693 (-57.5%), from €37,757 to €16,064
- Other operating charges -€8,838
down €8,838 (-29.5%), from €29,934 to €21,096
- Turnover -€2,824
down €2,824 (-3.4%), from €84,154 to €81,330
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,538 | €96,210 | +€33,672 | +53.8% |
| Fixed assets | 21/28 | €55,483 | €70,053 | +€14,570 | +26.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €55,483 | €70,053 | +€14,570 | +26.3% |
| Land and buildings | 22 | €52,770 | €67,760 | +€14,990 | +28.4% |
| Plant, machinery and equipment | 23 | €2,713 | €2,293 | -€420 | -15.5% |
| Current assets | 29/58 | €7,055 | €26,157 | +€19,102 | +271% |
| Stocks and contracts in progress | 3 | €1,203 | €1,072 | -€131 | -10.9% |
| Stocks | 30/36 | €1,203 | €1,072 | -€131 | -10.9% |
| Amounts receivable within one year | 40/41 | €1,338 | €592 | -€746 | -55.8% |
| Trade receivables | 40 | €1,338 | €516 | -€822 | -61.4% |
| Other amounts receivable | 41 | - | €76 | +€76 | |
| Cash at bank and in hand | 54/58 | €4,514 | €24,493 | +€19,979 | +443% |
| Total equity and liabilities | 10/49 | €62,538 | €96,210 | +€33,672 | +53.8% |
| Equity | 10/15 | €35,994 | €62,902 | +€26,908 | +74.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,006 | €2,902 | +€26,908 | |
| Amounts payable | 17/49 | €26,544 | €33,308 | +€6,764 | +25.5% |
| Amounts payable after more than one year | 17 | €10,991 | €33,308 | +€22,317 | +203% |
| Financial debts | 170/4 | €10,991 | €13,308 | +€2,317 | +21.1% |
| Other amounts payable | 178/9 | - | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €15,553 | - | -€15,553 | |
| Financial debts | 43 | €10,817 | - | -€10,817 | |
| Credit institutions | 430/8 | €10,817 | - | -€10,817 | |
| Trade debts | 44 | €1,091 | - | -€1,091 | |
| Suppliers | 440/4 | €1,091 | - | -€1,091 | |
| Taxes, remuneration and social security | 45 | €3,645 | - | -€3,645 | |
| Taxes | 450/3 | €3,645 | - | -€3,645 | |
| Turnover | 70 | €84,154 | €81,330 | -€2,824 | -3.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,156 | €2,040 | -€116 | -5.4% |
| Remuneration, social security and pensions | 62 | €37,757 | €16,064 | -€21,693 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,724 | €14,022 | +€298 | +2.2% |
| Other operating charges | 640/8 | €29,934 | €21,096 | -€8,838 | -29.5% |
| Non-recurring operating charges | 66A | - | €2,040 | +€2,040 | |
| Gross operating margin | 9900 | €81,998 | €81,330 | -€668 | -0.8% |
| Operating profit (loss) | 9901 | €583 | €28,108 | +€27,525 | +4,721% |
| Financial charges | 65/66B | €1,579 | €1,200 | -€379 | -24.0% |
| Recurring financial charges | 65 | €1,579 | €1,200 | -€379 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€996 | €26,908 | +€27,904 | |
| Profit (loss) for the period | 9904 | -€996 | €26,908 | +€27,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€996 | €26,908 | +€27,904 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.