AALST RETAIL: 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.
AALST RETAIL
Largest movements
- Receivables after one year +€288,800
up €288,800 (+89.3%), from €323,500 to €612,300
- Cash -€127,470
down €127,470 (-51.2%), from €248,770 to €121,300
mainly Debts after one year (-€375,246) and Receivables after one year (-€288,800)
- Tangible fixed assets -€101,803
down €101,803 (-26.1%), from €390,574 to €288,771
of which Plant, machinery and equipment: -€51,590
- Receivables within one year -€79,483
down €79,483 (-70.5%), from €112,795 to €33,312
of which Trade receivables: -€87,250
- Deferred charges and accrued income +€78,151
up €78,151 (+688%), from €11,365 to €89,516
- Debts after one year -€375,246
down €375,246 (-79.7%), from €470,535 to €95,289
of which Trade debts: -€316,125
- Trade debts +€286,629
up €286,629 (+141%), from €203,473 to €490,102
- Other debts +€116,081
up €116,081 (+36.0%), from €322,615 to €438,696
- Short-term financial debts +€94,928
new in 2025: €94,928
- Current portion of long-term debt -€91,638
down €91,638 (-60.8%), from €150,758 to €59,121
- Gross operating margin +€91,670
up €91,670 (+15.8%), from €581,106 to €672,777
- Staff costs +€36,219
up €36,219 (+12.6%), from €286,778 to €322,998
- Taxes +€12,901
up €12,901 (+28.1%), from €45,971 to €58,872
- Depreciation -€8,291
down €8,291 (-7.5%), from €110,094 to €101,803
- Financial income +€7,836
up €7,836 (+28.0%), from €28,020 to €35,856
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 | €1,400,609 | €1,502,619 | +€102,010 | +7.3% |
| Fixed assets | 21/28 | €394,074 | €292,271 | -€101,803 | -25.8% |
| Tangible fixed assets | 22/27 | €390,574 | €288,771 | -€101,803 | -26.1% |
| Plant, machinery and equipment | 23 | €99,001 | €47,411 | -€51,590 | -52.1% |
| Other tangible fixed assets | 26 | €291,573 | €241,360 | -€50,213 | -17.2% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €1,006,534 | €1,210,348 | +€203,813 | +20.2% |
| Amounts receivable after more than one year | 29 | €323,500 | €612,300 | +€288,800 | +89.3% |
| Other amounts receivable | 291 | €323,500 | €612,300 | +€288,800 | +89.3% |
| Stocks and contracts in progress | 3 | €310,105 | €353,920 | +€43,815 | +14.1% |
| Stocks | 30/36 | €310,105 | €353,920 | +€43,815 | +14.1% |
| Amounts receivable within one year | 40/41 | €112,795 | €33,312 | -€79,483 | -70.5% |
| Trade receivables | 40 | €106,858 | €19,608 | -€87,250 | -81.7% |
| Other amounts receivable | 41 | €5,937 | €13,704 | +€7,767 | +131% |
| Cash at bank and in hand | 54/58 | €248,770 | €121,300 | -€127,470 | -51.2% |
| Deferred charges and accrued income | 490/1 | €11,365 | €89,516 | +€78,151 | +688% |
| Total equity and liabilities | 10/49 | €1,400,609 | €1,502,619 | +€102,010 | +7.3% |
| Equity | 10/15 | €181,677 | €181,677 | = | 0.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €131,677 | €131,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €128,677 | €128,677 | = | 0.0% |
| Amounts payable | 17/49 | €1,218,932 | €1,320,942 | +€102,010 | +8.4% |
| Amounts payable after more than one year | 17 | €470,535 | €95,289 | -€375,246 | -79.7% |
| Financial debts | 170/4 | €154,410 | €95,289 | -€59,121 | -38.3% |
| Trade debts | 175 | €316,125 | - | -€316,125 | |
| Amounts payable within one year | 42/48 | €743,382 | €1,183,284 | +€439,902 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €150,758 | €59,121 | -€91,638 | -60.8% |
| Financial debts | 43 | - | €94,928 | +€94,928 | |
| Credit institutions | 430/8 | - | €94,928 | +€94,928 | |
| Trade debts | 44 | €203,473 | €490,102 | +€286,629 | +141% |
| Suppliers | 440/4 | €203,473 | €490,102 | +€286,629 | +141% |
| Taxes, remuneration and social security | 45 | €66,536 | €100,438 | +€33,902 | +51.0% |
| Taxes | 450/3 | €24,168 | €33,470 | +€9,302 | +38.5% |
| Remuneration and social security | 454/9 | €42,368 | €66,968 | +€24,600 | +58.1% |
| Other amounts payable | 47/48 | €322,615 | €438,696 | +€116,081 | +36.0% |
| Accrued charges and deferred income | 492/3 | €5,014 | €42,368 | +€37,354 | +745% |
| Remuneration, social security and pensions | 62 | €286,778 | €322,998 | +€36,219 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,094 | €101,803 | -€8,291 | -7.5% |
| Other operating charges | 640/8 | €2,423 | €5,794 | +€3,371 | +139% |
| Gross operating margin | 9900 | €581,106 | €672,777 | +€91,670 | +15.8% |
| Operating profit (loss) | 9901 | €181,811 | €242,181 | +€60,371 | +33.2% |
| Financial income | 75/76B | €28,020 | €35,856 | +€7,836 | +28.0% |
| Recurring financial income | 75 | €28,020 | €35,856 | +€7,836 | +28.0% |
| Financial charges | 65/66B | €30,141 | €36,783 | +€6,643 | +22.0% |
| Recurring financial charges | 65 | €30,141 | €36,783 | +€6,643 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €179,690 | €241,254 | +€61,564 | +34.3% |
| Income taxes | 67/77 | €45,971 | €58,872 | +€12,901 | +28.1% |
| Profit (loss) for the period | 9904 | €133,719 | €182,382 | +€48,663 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,719 | €182,382 | +€48,663 | +36.4% |
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 27 October 2026 via checked.be.