ROBRU: 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.
ROBRU
Largest movements
- Tangible fixed assets +€11.2m
up €11.2m (+912%), from €1.2m to €12.5m
of which Land and buildings: +€8.6m
- Current investments -€293,600
down €293,600 (-57.3%), from €512,000 to €218,400
- Cash +€149,851
up €149,851 (+199%), from €75,459 to €225,310
mainly Debts after one year (+€11.5m) and Current investments (+€293,600)
- Debts after one year +€11.5m
up €11.5m (+543%), from €2.1m to €13.6m
- Profit (loss) carried forward -€497,206
down €497,206 (-243%), from -€204,789 to -€701,995
- Trade debts +€179,738
up €179,738 (+873%), from €20,584 to €200,321
- Gross operating margin -€337,667
down €337,667 (-476%), from -€70,897 to -€408,564
- Depreciation -€62,048
down €62,048 (-41.8%), from €148,278 to €86,230
- Financial income -€13,175
down €13,175 (-88.7%), from €14,860 to €1,685
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 | €1,931,599 | €13,164,232 | +€11.2m | +582% |
| Fixed assets | 21/28 | €1,232,348 | €12,576,566 | +€11.3m | +921% |
| Tangible fixed assets | 22/27 | €1,232,348 | €12,476,566 | +€11.2m | +912% |
| Land and buildings | 22 | €1,200,000 | €9,758,476 | +€8.6m | +713% |
| Furniture and vehicles | 24 | €32,348 | €151,866 | +€119,518 | +369% |
| Assets under construction and advance payments | 27 | - | €2,566,224 | +€2.6m | |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €699,251 | €587,666 | -€111,585 | -16.0% |
| Amounts receivable within one year | 40/41 | €111,793 | €97,156 | -€14,637 | -13.1% |
| Trade receivables | 40 | €102,100 | €92,700 | -€9,401 | -9.2% |
| Other amounts receivable | 41 | €9,693 | €4,456 | -€5,237 | -54.0% |
| Current investments | 50/53 | €512,000 | €218,400 | -€293,600 | -57.3% |
| Cash at bank and in hand | 54/58 | €75,459 | €225,310 | +€149,851 | +199% |
| Deferred charges and accrued income | 490/1 | - | €46,800 | +€46,800 | |
| Total equity and liabilities | 10/49 | €1,931,599 | €13,164,232 | +€11.2m | +582% |
| Equity | 10/15 | -€199,789 | -€696,995 | -€497,206 | -249% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,789 | -€701,995 | -€497,206 | -243% |
| Amounts payable | 17/49 | €2,131,388 | €13,861,227 | +€11.7m | +550% |
| Amounts payable after more than one year | 17 | €2,110,804 | €13,576,609 | +€11.5m | +543% |
| Financial debts | 170/4 | €2,110,804 | €13,576,609 | +€11.5m | +543% |
| Amounts payable within one year | 42/48 | €20,584 | €282,589 | +€262,006 | +1,273% |
| Trade debts | 44 | €20,584 | €200,321 | +€179,738 | +873% |
| Suppliers | 440/4 | €20,584 | €200,321 | +€179,738 | +873% |
| Taxes, remuneration and social security | 45 | - | €82,268 | +€82,268 | |
| Taxes | 450/3 | - | €82,268 | +€82,268 | |
| Accrued charges and deferred income | 492/3 | - | €2,029 | +€2,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,278 | €86,230 | -€62,048 | -41.8% |
| Other operating charges | 640/8 | €426 | €3,822 | +€3,396 | +797% |
| Gross operating margin | 9900 | -€70,897 | -€408,564 | -€337,667 | -476% |
| Operating profit (loss) | 9901 | -€219,601 | -€498,616 | -€279,015 | -127% |
| Financial income | 75/76B | €14,860 | €1,685 | -€13,175 | -88.7% |
| Recurring financial income | 75 | €14,860 | €1,685 | -€13,175 | -88.7% |
| Financial charges | 65/66B | €49 | €275 | +€226 | +467% |
| Recurring financial charges | 65 | €49 | €275 | +€226 | +467% |
| Profit (loss) for the period before taxes | 9903 | -€204,789 | -€497,206 | -€292,417 | -143% |
| Profit (loss) for the period | 9904 | -€204,789 | -€497,206 | -€292,417 | -143% |
| Profit (loss) for the period to be appropriated | 9905 | -€204,789 | -€497,206 | -€292,417 | -143% |
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 31 October 2026 via checked.be.