BLANCHEAU 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.
BLANCHEAU RETAIL
Largest movements
- Tangible fixed assets +€500,666
up €500,666 (+8.6%), from €5.8m to €6.3m
- Receivables within one year -€122,883
down €122,883 (-34.6%), from €355,123 to €232,240
of which Trade receivables: -€171,312
- Debts after one year +€239,719
up €239,719 (+4.4%), from €5.5m to €5.7m
- Current portion of long-term debt +€121,723
up €121,723 (+24.7%), from €491,923 to €613,647
- Gross operating margin +€447,244
up €447,244 (+102%), from €436,353 to €883,597
- Other operating charges -€289,317
down €289,317 (-49.7%), from €582,589 to €293,272
- Depreciation +€252,485
up €252,485 (+183%), from €137,656 to €390,140
- Financial income -€252,122
down €252,122 (-98.7%), from €255,373 to €3,251
of which Non-recurring financial income: -€250,508
- Financial charges +€124,107
up €124,107 (+171%), from €72,785 to €196,892
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 | €6,447,825 | €6,776,935 | +€329,110 | +5.1% |
| Fixed assets | 21/28 | €5,821,678 | €6,322,344 | +€500,666 | +8.6% |
| Tangible fixed assets | 22/27 | €5,821,678 | €6,322,344 | +€500,666 | +8.6% |
| Land and buildings | 22 | €5,821,678 | €6,322,344 | +€500,666 | +8.6% |
| Current assets | 29/58 | €626,147 | €454,591 | -€171,557 | -27.4% |
| Amounts receivable within one year | 40/41 | €355,123 | €232,240 | -€122,883 | -34.6% |
| Trade receivables | 40 | €305,123 | €133,811 | -€171,312 | -56.1% |
| Other amounts receivable | 41 | €50,000 | €98,429 | +€48,429 | +96.9% |
| Cash at bank and in hand | 54/58 | €258,518 | €208,851 | -€49,667 | -19.2% |
| Deferred charges and accrued income | 490/1 | €12,506 | €13,500 | +€993 | +7.9% |
| Total equity and liabilities | 10/49 | €6,447,825 | €6,776,935 | +€329,110 | +5.1% |
| Equity | 10/15 | €175,740 | €182,283 | +€6,543 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,140 | €163,683 | +€6,543 | +4.2% |
| Amounts payable | 17/49 | €6,272,085 | €6,594,651 | +€322,566 | +5.1% |
| Amounts payable after more than one year | 17 | €5,482,445 | €5,722,165 | +€239,719 | +4.4% |
| Financial debts | 170/4 | €5,482,445 | €5,722,165 | +€239,719 | +4.4% |
| Amounts payable within one year | 42/48 | €627,793 | €740,116 | +€112,323 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €491,923 | €613,647 | +€121,723 | +24.7% |
| Trade debts | 44 | €69,286 | €71,123 | +€1,837 | +2.7% |
| Suppliers | 440/4 | €69,286 | €71,123 | +€1,837 | +2.7% |
| Taxes, remuneration and social security | 45 | €60,484 | €44,000 | -€16,484 | -27.3% |
| Taxes | 450/3 | €60,484 | €44,000 | -€16,484 | -27.3% |
| Other amounts payable | 47/48 | €6,100 | €11,347 | +€5,247 | +86.0% |
| Accrued charges and deferred income | 492/3 | €161,847 | €132,370 | -€29,477 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,656 | €390,140 | +€252,485 | +183% |
| Other operating charges | 640/8 | €582,589 | €293,272 | -€289,317 | -49.7% |
| Gross operating margin | 9900 | €436,353 | €883,597 | +€447,244 | +102% |
| Operating profit (loss) | 9901 | -€283,891 | €200,184 | +€484,076 | |
| Financial income | 75/76B | €255,373 | €3,251 | -€252,122 | -98.7% |
| Recurring financial income | 75 | €4,865 | €3,251 | -€1,614 | -33.2% |
| Non-recurring financial income | 76B | €250,508 | - | -€250,508 | |
| Financial charges | 65/66B | €72,785 | €196,892 | +€124,107 | +171% |
| Recurring financial charges | 65 | €72,785 | €196,892 | +€124,107 | +171% |
| Profit (loss) for the period before taxes | 9903 | -€101,303 | €6,543 | +€107,847 | |
| Income taxes | 67/77 | -€3,721 | - | +€3,721 | |
| Profit (loss) for the period | 9904 | -€97,582 | €6,543 | +€104,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€97,582 | €6,543 | +€104,125 |
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 30 October 2026 via checked.be.