PATRICK ROBERT: 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.
PATRICK ROBERT
Largest movements
- Tangible fixed assets -€16,619
down €16,619 (-55.6%), from €29,906 to €13,287
of which Furniture and vehicles: -€12,560
- Cash -€8,959
down €8,959 (-11.6%), from €76,904 to €67,946
mainly Current portion of long-term debt (-€12,296) and Receivables within one year (-€5,542)
- Receivables within one year +€5,542
up €5,542 (+19.5%), from €28,395 to €33,937
- Current portion of long-term debt -€12,296
no longer reported in 2025 (was €12,296)
- Reserves -€2,500
down €2,500 (-6.1%), from €40,880 to €38,380
- Other debts -€2,300
down €2,300 (-6.7%), from €34,345 to €32,045
- Tax, wage and social debts -€2,094
down €2,094 (-7.6%), from €27,572 to €25,478
of which Remuneration and social security: -€1,923
- Gross operating margin -€62,931
down €62,931 (-44.3%), from €142,182 to €79,251
- Staff costs -€14,145
down €14,145 (-23.6%), from €60,009 to €45,863
- Taxes -€11,962
down €11,962 (-64.4%), from €18,581 to €6,619
- Depreciation -€10,873
down €10,873 (-36.6%), from €29,677 to €18,804
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 | €138,903 | €119,850 | -€19,053 | -13.7% |
| Fixed assets | 21/28 | €29,906 | €13,287 | -€16,619 | -55.6% |
| Tangible fixed assets | 22/27 | €29,906 | €13,287 | -€16,619 | -55.6% |
| Furniture and vehicles | 24 | €15,747 | €3,187 | -€12,560 | -79.8% |
| Other tangible fixed assets | 26 | €14,159 | €10,099 | -€4,060 | -28.7% |
| Current assets | 29/58 | €108,997 | €106,563 | -€2,434 | -2.2% |
| Amounts receivable within one year | 40/41 | €28,395 | €33,937 | +€5,542 | +19.5% |
| Other amounts receivable | 41 | €28,395 | €33,937 | +€5,542 | +19.5% |
| Cash at bank and in hand | 54/58 | €76,904 | €67,946 | -€8,959 | -11.6% |
| Deferred charges and accrued income | 490/1 | €3,698 | €4,681 | +€983 | +26.6% |
| Total equity and liabilities | 10/49 | €138,903 | €119,850 | -€19,053 | -13.7% |
| Equity | 10/15 | €53,330 | €51,840 | -€1,490 | -2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,880 | €38,380 | -€2,500 | -6.1% |
| Distributable reserves | 133 | €40,880 | €38,380 | -€2,500 | -6.1% |
| Profit (loss) carried forward | 14 | €50 | €1,060 | +€1,010 | +2,011% |
| Amounts payable | 17/49 | €85,573 | €68,010 | -€17,563 | -20.5% |
| Amounts payable within one year | 42/48 | €85,573 | €68,010 | -€17,563 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €12,296 | - | -€12,296 | |
| Trade debts | 44 | €11,360 | €10,487 | -€873 | -7.7% |
| Suppliers | 440/4 | €11,360 | €10,487 | -€873 | -7.7% |
| Taxes, remuneration and social security | 45 | €27,572 | €25,478 | -€2,094 | -7.6% |
| Taxes | 450/3 | €15,710 | €15,539 | -€171 | -1.1% |
| Remuneration and social security | 454/9 | €11,862 | €9,939 | -€1,923 | -16.2% |
| Other amounts payable | 47/48 | €34,345 | €32,045 | -€2,300 | -6.7% |
| Remuneration, social security and pensions | 62 | €60,009 | €45,863 | -€14,145 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,677 | €18,804 | -€10,873 | -36.6% |
| Other operating charges | 640/8 | €4,787 | €5,686 | +€899 | +18.8% |
| Gross operating margin | 9900 | €142,182 | €79,251 | -€62,931 | -44.3% |
| Operating profit (loss) | 9901 | €47,710 | €8,898 | -€38,811 | -81.3% |
| Financial charges | 65/66B | €1,605 | €1,270 | -€336 | -20.9% |
| Recurring financial charges | 65 | €1,605 | €1,270 | -€336 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €46,104 | €7,629 | -€38,475 | -83.5% |
| Income taxes | 67/77 | €18,581 | €6,619 | -€11,962 | -64.4% |
| Profit (loss) for the period | 9904 | €27,523 | €1,010 | -€26,513 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,523 | €1,010 | -€26,513 | -96.3% |
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 20 October 2026 via checked.be.