AddRetail: 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.
AddRetail
Largest movements
- Receivables within one year -€1.4m
down €1.4m (-37.3%), from €3.8m to €2.4m
of which Trade receivables: -€1.4m
- Deferred charges and accrued income -€381,963
down €381,963 (-66.5%), from €574,673 to €192,710
- Tangible fixed assets +€224,549
up €224,549 (+512.7%), from €43,797 to €268,346
of which Other tangible fixed assets: +€195,474
- Intangible fixed assets +€218,475
new in 2025: €218,475
- Cash -€116,607
down €116,607 (-40.5%), from €288,017 to €171,410
mainly Accrued charges and deferred income (-€910,966) and Trade debts (-€709,119)
- Accrued charges and deferred income -€910,966
down €910,966 (-74.9%), from €1.2m to €304,873
- Trade debts -€709,119
down €709,119 (-51.8%), from €1.4m to €660,086
- Debts after one year +€236,237
new in 2025: €236,237
- Tax, wage and social debts -€157,450
down €157,450 (-35.8%), from €439,605 to €282,155
of which Remuneration and social security: -€81,956
- Current portion of long-term debt +€67,791
new in 2025: €67,791
- Turnover -€990,870
down €990,870 (-10.6%), from €9.3m to €8.3m
- Gross operating margin -€377,006
down €377,006 (-11.8%), from €3.2m to €2.8m
- Purchases and services -€373,808
down €373,808 (-6.0%), from €6.2m to €5.8m
- Taxes -€151,997
down €151,997 (-84.0%), from €180,997 to €29,000
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.
Cash bridge derived
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 | €5,145,345 | €3,657,635 | -€1.5m | -28.9% |
| Fixed assets | 21/28 | €65,379 | €508,403 | +€443,024 | +677.6% |
| Intangible fixed assets | 21 | - | €218,475 | +€218,475 | |
| Tangible fixed assets | 22/27 | €43,797 | €268,346 | +€224,549 | +512.7% |
| Plant, machinery and equipment | 23 | €33,877 | €27,356 | -€6,521 | -19.2% |
| Furniture and vehicles | 24 | €2,411 | €38,006 | +€35,595 | +1476.5% |
| Other tangible fixed assets | 26 | €7,510 | €202,984 | +€195,474 | +2603.0% |
| Financial fixed assets | 28 | €21,582 | €21,582 | = | 0.0% |
| Current assets | 29/58 | €5,079,967 | €3,149,232 | -€1.9m | -38.0% |
| Amounts receivable within one year | 40/41 | €3,837,017 | €2,404,852 | -€1.4m | -37.3% |
| Trade receivables | 40 | €3,712,234 | €2,293,433 | -€1.4m | -38.2% |
| Other amounts receivable | 41 | €124,783 | €111,419 | -€13,363 | -10.7% |
| Current investments | 50/53 | €380,260 | €380,260 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €288,017 | €171,410 | -€116,607 | -40.5% |
| Deferred charges and accrued income | 490/1 | €574,673 | €192,710 | -€381,963 | -66.5% |
| Total equity and liabilities | 10/49 | €5,145,345 | €3,657,635 | -€1.5m | -28.9% |
| Equity | 10/15 | €1,580,330 | €1,596,705 | +€16,375 | +1.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €386,410 | €386,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €386,410 | €386,410 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Own shares acquired | 1312 | €380,260 | €380,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,132,420 | €1,148,795 | +€16,375 | +1.4% |
| Amounts payable | 17/49 | €3,565,015 | €2,060,930 | -€1.5m | -42.2% |
| Amounts payable after more than one year | 17 | - | €236,237 | +€236,237 | |
| Financial debts | 170/4 | - | €236,237 | +€236,237 | |
| Amounts payable within one year | 42/48 | €2,349,176 | €1,519,820 | -€829,356 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | - | €67,791 | +€67,791 | |
| Financial debts | 43 | €151,098 | €112,735 | -€38,363 | -25.4% |
| Credit institutions | 430/8 | €151,098 | €112,735 | -€38,363 | -25.4% |
| Trade debts | 44 | €1,369,205 | €660,086 | -€709,119 | -51.8% |
| Suppliers | 440/4 | €1,369,205 | €660,086 | -€709,119 | -51.8% |
| Taxes, remuneration and social security | 45 | €439,605 | €282,155 | -€157,450 | -35.8% |
| Taxes | 450/3 | €138,956 | €63,461 | -€75,495 | -54.3% |
| Remuneration and social security | 454/9 | €300,649 | €218,693 | -€81,956 | -27.3% |
| Other amounts payable | 47/48 | €389,268 | €397,053 | +€7,785 | +2.0% |
| Accrued charges and deferred income | 492/3 | €1,215,839 | €304,873 | -€910,966 | -74.9% |
| Turnover | 70 | €9,316,792 | €8,325,922 | -€990,870 | -10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,195,342 | €5,821,534 | -€373,808 | -6.0% |
| Remuneration, social security and pensions | 62 | €2,405,680 | €2,492,993 | +€87,313 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,609 | €49,963 | +€14,354 | +40.3% |
| Other operating charges | 640/8 | €84,117 | €15,874 | -€68,243 | -81.1% |
| Non-recurring operating charges | 66A | - | €160,138 | +€160,138 | |
| Gross operating margin | 9900 | €3,193,621 | €2,816,615 | -€377,006 | -11.8% |
| Operating profit (loss) | 9901 | €668,215 | €97,647 | -€570,568 | -85.4% |
| Financial income | 75/76B | €1,065 | €2,804 | +€1,739 | +163.2% |
| Recurring financial income | 75 | €1,065 | €2,804 | +€1,739 | +163.2% |
| Financial charges | 65/66B | €46,332 | €55,077 | +€8,744 | +18.9% |
| Recurring financial charges | 65 | €46,332 | €55,077 | +€8,744 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €622,949 | €45,374 | -€577,574 | -92.7% |
| Income taxes | 67/77 | €180,997 | €29,000 | -€151,997 | -84.0% |
| Profit (loss) for the period | 9904 | €441,952 | €16,375 | -€425,577 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €441,952 | €16,375 | -€425,577 | -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 9 October 2026 via checked.be.