EJ 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.
EJ RETAIL
Largest movements
- Receivables within one year -€232,861
down €232,861 (-60.3%), from €385,945 to €153,085
of which Trade receivables: -€235,531
- Tangible fixed assets -€54,108
down €54,108 (-6.4%), from €843,199 to €789,091
of which Land and buildings: -€45,325
- Debts after one year -€155,859
down €155,859 (-18.3%), from €851,360 to €695,501
of which Other amounts payable: -€116,244
- Trade debts -€98,087
down €98,087 (-96.0%), from €102,150 to €4,063
- Profit (loss) carried forward -€77,622
down €77,622 (-188.2%), from -€41,238 to -€118,860
- Other debts +€41,928
up €41,928 (+15.4%), from €271,420 to €313,348
- Gross operating margin -€22,320
down €22,320 (-95.6%), from €23,350 to €1,030
- Financial charges +€10,026
up €10,026 (+72.5%), from €13,825 to €23,852
of which Non-recurring financial charges: +€10,817
- Other operating charges -€705
down €705 (-50.3%), from €1,402 to €697
- Depreciation +€423
up €423 (+0.8%), from €53,686 to €54,108
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 | €1,232,374 | €946,086 | -€286,288 | -23.2% |
| Fixed assets | 21/28 | €843,199 | €789,091 | -€54,108 | -6.4% |
| Tangible fixed assets | 22/27 | €843,199 | €789,091 | -€54,108 | -6.4% |
| Land and buildings | 22 | €815,924 | €770,599 | -€45,325 | -5.6% |
| Plant, machinery and equipment | 23 | €265 | - | -€265 | |
| Furniture and vehicles | 24 | €27,011 | €18,492 | -€8,518 | -31.5% |
| Current assets | 29/58 | €389,174 | €156,995 | -€232,180 | -59.7% |
| Amounts receivable within one year | 40/41 | €385,945 | €153,085 | -€232,861 | -60.3% |
| Trade receivables | 40 | €288,710 | €53,179 | -€235,531 | -81.6% |
| Other amounts receivable | 41 | €97,236 | €99,906 | +€2,670 | +2.7% |
| Cash at bank and in hand | 54/58 | €824 | €1,510 | +€686 | +83.2% |
| Deferred charges and accrued income | 490/1 | €2,405 | €2,400 | -€5 | -0.2% |
| Total equity and liabilities | 10/49 | €1,232,374 | €946,086 | -€286,288 | -23.2% |
| Equity | 10/15 | -€31,528 | -€109,150 | -€77,622 | -246.2% |
| Contributions | 10/11 | €9,710 | €9,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,238 | -€118,860 | -€77,622 | -188.2% |
| Amounts payable | 17/49 | €1,263,901 | €1,055,236 | -€208,666 | -16.5% |
| Amounts payable after more than one year | 17 | €851,360 | €695,501 | -€155,859 | -18.3% |
| Financial debts | 170/4 | €621,355 | €581,741 | -€39,615 | -6.4% |
| Other amounts payable | 178/9 | €230,005 | €113,761 | -€116,244 | -50.5% |
| Amounts payable within one year | 42/48 | €412,542 | €359,734 | -€52,807 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €38,862 | €39,615 | +€753 | +1.9% |
| Trade debts | 44 | €102,150 | €4,063 | -€98,087 | -96.0% |
| Suppliers | 440/4 | €102,150 | €4,063 | -€98,087 | -96.0% |
| Taxes, remuneration and social security | 45 | €110 | €2,709 | +€2,599 | +2362.3% |
| Taxes | 450/3 | €110 | €2,709 | +€2,599 | +2362.3% |
| Other amounts payable | 47/48 | €271,420 | €313,348 | +€41,928 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,686 | €54,108 | +€423 | +0.8% |
| Other operating charges | 640/8 | €1,402 | €697 | -€705 | -50.3% |
| Gross operating margin | 9900 | €23,350 | €1,030 | -€22,320 | -95.6% |
| Operating profit (loss) | 9901 | -€31,737 | -€53,775 | -€22,038 | -69.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €13,825 | €23,852 | +€10,026 | +72.5% |
| Recurring financial charges | 65 | €13,325 | €12,535 | -€790 | -5.9% |
| Non-recurring financial charges | 66B | €500 | €11,317 | +€10,817 | +2163.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,562 | -€77,627 | -€32,065 | -70.4% |
| Income taxes | 67/77 | -€1 | -€5 | -€4 | -625.8% |
| Profit (loss) for the period | 9904 | -€45,561 | -€77,622 | -€32,061 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,561 | -€77,622 | -€32,061 | -70.4% |
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 10 October 2026 via checked.be.