RETIMA
InactiveFinancials · financial year 2025, micro format
Equity
€25,122▼ 86.1%
2024 · €181,116
Total assets
€182,209▼ 17.5%
2024 · €220,841
Net result
€6,947▼ 88.9%
2024 · €62,681
Working capital
€15,860▼ 90.9%
2024 · €174,710
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result has fallen two years in a row; 2025 is 85% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€12,689
2025
Net result€6,947
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€182,209
2025
Equity€25,122
2025
Debt€157,087
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€15,860
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€46,306--€817-€8,721▼ 968%€141,289€85,779▼ 39.3%€12,689▼ 85.2%
Net result€36,591--€859-€10,134▼ 1,080%€109,531€62,681▼ 42.8%€6,947▼ 88.9%
Equity€42,791-€41,933▼ 2.0%€31,798▼ 24.2%€153,729▲ 383%€181,116▲ 17.8%€25,122▼ 86.1%
Total assets€73,583-€71,803▼ 2.4%€46,905▼ 34.7%€192,596▲ 311%€220,841▲ 14.7%€182,209▼ 17.5%
Debt€30,792-€29,870▼ 3.0%€15,107▼ 49.4%€38,867▲ 157%€39,726▲ 2.2%€157,087▲ 295%
Working capital€46,980-€41,933▼ 10.7%€25,908▼ 38.2%€153,729▲ 493%€174,710▲ 13.6%€15,860▼ 90.9%
Staff (FTE)0.5
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,209
Fixed assets
€9,262 ▲ 44.6%
Current assets
€172,947 ▼ 19.3%
Equity and liabilities €182,209
Equity
€25,122 ▼ 86.1%
Debt
€157,087 ▲ 295%
Debt's share of the balance-sheet total rises from 18.0% to 86.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14,773▼
2024 · €86,654
Cash flow
€9,032▼
2024 · €63,556
Current ratio
1.10▼
2024 · 5.40
Debt to equity
6.25▲
2024 · 0.22
ROE
27.7%▼
2024 · 34.6%
ROA
3.8%▼
2024 · 28.4%
Interest coverage
4.41▼
2024 · 34.03
Debt ≤ 1 year
€157,087▲
2024 · €39,726
Income taxes
€4,020▼
2024 · €21,034
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,464 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €23,759 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,864 | - | €875 | €2,084 | ▲ 138% |
| Other operating charges640/8 | - | - | €102 | €457 | €935 | €849 | ▼ 9.2% |
| Gross operating margin9900 | €47,151 | -€357 | €17,004 | €141,746 | €87,589 | €15,622 | ▼ 82.2% |
| Operating profit (loss)9901 | €46,306 | -€817 | -€8,721 | €141,289 | €85,779 | €12,689 | ▼ 85.2% |
| Financial income75/76B | - | - | €505 | €160 | €482 | €1,626 | ▲ 237% |
| Recurring financial income75 | - | €460 | €505 | €160 | €482 | €1,626 | ▲ 237% |
| Financial charges65/66B | - | - | €1,785 | €2,537 | €2,546 | €3,348 | ▲ 31.5% |
| Recurring financial charges65 | €88 | €248 | €1,785 | €2,537 | €2,546 | €3,348 | ▲ 31.5% |
| Profit (loss) for the period before taxes9903 | €46,218 | -€605 | -€10,001 | €138,912 | €83,715 | €10,968 | ▼ 86.9% |
| Income taxes67/77 | €9,626 | €253 | €133 | €29,381 | €21,034 | €4,020 | ▼ 80.9% |
| Profit (loss) for the period9904 | €36,591 | -€859 | -€10,134 | €109,531 | €62,681 | €6,947 | ▼ 88.9% |
| Profit (loss) for the period to be appropriated9905 | €36,591 | -€859 | -€10,134 | €109,531 | €62,681 | €6,947 | ▼ 88.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €73,583 | €71,803 | €46,905 | €192,596 | €220,841 | €182,209 | ▼ 17.5% |
| Fixed assets21/28 | - | - | €5,891 | - | €6,406 | €9,262 | ▲ 44.6% |
| Tangible fixed assets22/27 | - | - | €5,891 | - | €6,406 | €9,262 | ▲ 44.6% |
| Plant, machinery and equipment23 | - | - | €5,891 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €6,406 | €9,262 | ▲ 44.6% |
| Current assets29/58 | €73,583 | €71,803 | €41,014 | €192,596 | €214,436 | €172,947 | ▼ 19.3% |
| Amounts receivable within one year40/41 | €70,469 | €62,579 | €19,697 | €157,449 | €30,892 | €20,187 | ▼ 34.7% |
| Trade receivables40 | - | - | €3,211 | €149,449 | €21,919 | €11,215 | ▼ 48.8% |
| Other amounts receivable41 | - | - | €16,487 | €8,000 | €8,973 | €8,973 | = |
| Cash at bank and in hand54/58 | €1,133 | €7,237 | €21,198 | €16,133 | €175,440 | €151,104 | ▼ 13.9% |
| Deferred charges and accrued income490/1 | - | - | €119 | €19,014 | €8,104 | €1,655 | ▼ 79.6% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €73,583 | €71,803 | €46,905 | €192,596 | €220,841 | €182,209 | ▼ 17.5% |
| Equity10/15 | €42,791 | €41,933 | €31,798 | €153,729 | €181,116 | €25,122 | ▼ 86.1% |
| Contributions10/11 | - | - | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €36,590 | €36,590 | €25,598 | €135,129 | €162,516 | €6,522 | ▼ 96.0% |
| Distributable reserves133 | - | - | €25,598 | €135,129 | €162,516 | €6,522 | ▼ 96.0% |
| Profit (loss) carried forward14 | €1 | -€857 | - | - | €0 | €0 | - |
| Amounts payable17/49 | €30,792 | €29,870 | €15,107 | €38,867 | €39,726 | €157,087 | ▲ 295% |
| Amounts payable within one year42/48 | €26,603 | €29,870 | €15,107 | €38,867 | €39,726 | €157,087 | ▲ 295% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,230 | €0 | - | - |
| Trade debts44 | €4,352 | €10,246 | €5,837 | €7,063 | €1,890 | €2,666 | ▲ 41.0% |
| Suppliers440/4 | - | - | €5,837 | €7,063 | €1,890 | €2,666 | ▲ 41.0% |
| Advances received on contracts in progress46 | - | - | €152 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €9,117 | €17,109 | €15,337 | €29,123 | ▲ 89.9% |
| Taxes450/3 | - | - | €9,117 | €17,109 | €15,337 | €29,123 | ▲ 89.9% |
| Other amounts payable47/48 | - | - | - | €465 | €22,499 | €125,298 | ▲ 457% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,591 | -€859 | -€10,134 | €109,531 | €62,681 | €6,947 | ▼ 88.9% |
| + Depreciation and write-downs630 | - | - | €1,864 | - | €875 | €2,084 | ▲ 138% |
| Operating cash flow (approximation) | €36,591 | -€859 | -€8,270 | €109,531 | €63,556 | €9,032 | ▼ 85.8% |
| Investment in fixed assets (approximation) | - | - | - | - | - | -€4,940 | - |
| Change in cash | - | €6,104 | €13,961 | -€5,065 | €159,307 | -€24,336 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 13-03-2026 | 2026-00054013 |
| 30-09-2024 | micro format | 31-03-2025 | 2025-00059367 |
| 30-09-2023 | micro format | 18-04-2024 | 2024-00064957 |
| 30-09-2022 | micro format | 04-04-2023 | 2023-00054007 |
| 30-09-2021 | micro format | 07-02-2022 | 2022-05100443 |
| 30-09-2020 | micro format | 13-03-2021 | 2021-07700208 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.