BELIZE RETAIL: what changed
Two fiscal 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.
BELIZE RETAIL
Largest movements
- Tangible fixed assets -€44,418
down €44,418 (-4.9%), from €901,497 to €857,078
- Debts after one year -€61,864
down €61,864 (-9.4%), from €660,077 to €598,213
- Reserves +€25,349
up €25,349 (+128.0%), from €19,805 to €45,154
- Gross operating margin +€35,708
up €35,708 (+59.2%), from €60,354 to €96,062
- Financial charges -€4,746
down €4,746 (-22.7%), from €20,877 to €16,131
- Taxes +€3,085
new in 2025: €3,085
- Other operating charges +€2,402
up €2,402 (+51.4%), from €4,677 to €7,079
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 | €911,576 | €871,139 | -€40,437 | -4.4% |
| Fixed assets | 21/28 | €901,497 | €857,078 | -€44,418 | -4.9% |
| Tangible fixed assets | 22/27 | €901,497 | €857,078 | -€44,418 | -4.9% |
| Land and buildings | 22 | €901,497 | €857,078 | -€44,418 | -4.9% |
| Current assets | 29/58 | €10,079 | €14,061 | +€3,981 | +39.5% |
| Amounts receivable within one year | 40/41 | €9,825 | €8,651 | -€1,174 | -11.9% |
| Trade receivables | 40 | €6,825 | €5,651 | -€1,174 | -17.2% |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40 | €5,410 | +€5,370 | +13571.3% |
| Deferred charges and accrued income | 490/1 | €215 | €0 | -€215 | -100.0% |
| Total equity and liabilities | 10/49 | €911,576 | €871,139 | -€40,437 | -4.4% |
| Equity | 10/15 | €103,405 | €128,754 | +€25,349 | +24.5% |
| Contributions | 10/11 | €83,600 | €83,600 | = | 0.0% |
| Reserves | 13 | €19,805 | €45,154 | +€25,349 | +128.0% |
| Distributable reserves | 133 | €19,805 | €45,154 | +€25,349 | +128.0% |
| Amounts payable | 17/49 | €808,171 | €742,385 | -€65,785 | -8.1% |
| Amounts payable after more than one year | 17 | €660,077 | €598,213 | -€61,864 | -9.4% |
| Financial debts | 170/4 | €660,077 | €598,213 | -€61,864 | -9.4% |
| Amounts payable within one year | 42/48 | €146,463 | €142,359 | -€4,105 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €66,451 | €61,864 | -€4,586 | -6.9% |
| Financial debts | 43 | €2,868 | €0 | -€2,868 | -100.0% |
| Credit institutions | 430/8 | €2,868 | €0 | -€2,868 | -100.0% |
| Trade debts | 44 | €10,943 | €5,878 | -€5,065 | -46.3% |
| Suppliers | 440/4 | €10,943 | €5,878 | -€5,065 | -46.3% |
| Taxes, remuneration and social security | 45 | €1,914 | €5,858 | +€3,944 | +206.0% |
| Taxes | 450/3 | €1,914 | €5,858 | +€3,944 | +206.0% |
| Other amounts payable | 47/48 | €64,288 | €68,758 | +€4,471 | +7.0% |
| Accrued charges and deferred income | 492/3 | €1,630 | €1,814 | +€184 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,418 | €44,418 | = | 0.0% |
| Other operating charges | 640/8 | €4,677 | €7,079 | +€2,402 | +51.4% |
| Gross operating margin | 9900 | €60,354 | €96,062 | +€35,708 | +59.2% |
| Operating profit (loss) | 9901 | €11,259 | €44,564 | +€33,305 | +295.8% |
| Financial charges | 65/66B | €20,877 | €16,131 | -€4,746 | -22.7% |
| Recurring financial charges | 65 | €20,877 | €16,131 | -€4,746 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,618 | €28,434 | +€38,051 | |
| Income taxes | 67/77 | - | €3,085 | +€3,085 | |
| Profit (loss) for the period | 9904 | -€9,618 | €25,349 | +€34,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,618 | €25,349 | +€34,967 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.