FOLLOW-UP: what changed
What changed
FOLLOW-UP
NACE 47.793, Retail sale of other second-hand goods, excluding clothing
filed annual accounts (NBB)
Net result for the year
€154,252
2024 · €87,401+€66,851
Equity
€326,031
2024 · €571,779-€245,748
Cash
€128,510
2024 · €161,211-€32,701
Balance sheet total
€1.3m
2024 · €1.2m+€73,397
Largest movements
Assets
- Stocks and contracts +€121,590
up €121,590 (+16.7%), from €727,360 to €848,950
- Cash -€32,701
down €32,701 (-20.3%), from €161,211 to €128,510
mainly Contributions, distributions and other (-€400,000) and Stocks and contracts (-€121,590)
- Tangible fixed assets -€18,292
down €18,292 (-19.8%), from €92,249 to €73,957
of which Furniture and vehicles: -€16,003
Equity and liabilities
- Other debts +€400,000
up €400,000 (+167%), from €239,000 to €639,000
- Profit (loss) carried forward -€245,748
down €245,748 (-55.7%), from €441,504 to €195,756
- Current portion of long-term debt -€41,546
down €41,546 (-83.2%), from €49,914 to €8,368
- Accrued charges and deferred income -€40,461
no longer reported in 2025 (was €40,461)
Income statement
- Gross operating margin +€57,537
up €57,537 (+6.3%), from €911,241 to €968,778
- Depreciation -€17,174
down €17,174 (-31.2%), from €55,048 to €37,875
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€87,401
Gross operating margin
+€57,537
Staff costs
+€2,932
Depreciation
+€17,174
Other operating charges
-€1,308
Financial income
+€50
Financial charges
-€644
Taxes
-€8,890
Result 2025
€154,252
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€429,820
Investment
-€17,284
Financing
-€445,238
Cash 2024
€161,211
From operations (derived)
+€429,820
Net result for the year
+€154,252
Depreciation
+€37,875
Stocks and contracts
-€121,590
Receivables within one year
-€5,799
Deferred charges and accrued income
+€700
Trade debts
+€9,451
Tax, wage and social debts
-€4,607
Other debts
+€400,000
Accrued charges and deferred income
-€40,461
Investment (derived)
-€17,284
Investment in fixed assets (net)
-€17,284
Financing
-€445,238
Debts after one year
-€8,368
Current portion of long-term debt
-€41,546
Short-term financial debts
+€4,676
Contributions, distributions and other
-€400,000
Cash 2025
€128,510
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,203,243 | €1,276,640 | +€73,397 | +6.1% |
| Fixed assets | 21/28 | €102,229 | €81,638 | -€20,591 | -20.1% |
| Intangible fixed assets | 21 | €9,195 | €6,896 | -€2,299 | -25.0% |
| Tangible fixed assets | 22/27 | €92,249 | €73,957 | -€18,292 | -19.8% |
| Plant, machinery and equipment | 23 | €6,449 | €5,217 | -€1,232 | -19.1% |
| Furniture and vehicles | 24 | €17,782 | €1,778 | -€16,003 | -90.0% |
| Other tangible fixed assets | 26 | €68,018 | €66,961 | -€1,057 | -1.6% |
| Financial fixed assets | 28 | €785 | €785 | = | 0.0% |
| Current assets | 29/58 | €1,101,014 | €1,195,002 | +€93,988 | +8.5% |
| Stocks and contracts in progress | 3 | €727,360 | €848,950 | +€121,590 | +16.7% |
| Stocks | 30/36 | €727,360 | €848,950 | +€121,590 | +16.7% |
| Amounts receivable within one year | 40/41 | €199,466 | €205,266 | +€5,799 | +2.9% |
| Other amounts receivable | 41 | €199,466 | €205,266 | +€5,799 | +2.9% |
| Cash at bank and in hand | 54/58 | €161,211 | €128,510 | -€32,701 | -20.3% |
| Deferred charges and accrued income | 490/1 | €12,975 | €12,276 | -€700 | -5.4% |
| Total equity and liabilities | 10/49 | €1,203,243 | €1,276,640 | +€73,397 | +6.1% |
| Equity | 10/15 | €571,779 | €326,031 | -€245,748 | -43.0% |
| Contributions | 10/11 | €25,837 | €25,837 | = | 0.0% |
| Reserves | 13 | €104,438 | €104,438 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,051 | €13,051 | = | 0.0% |
| Distributable reserves | 133 | €91,387 | €91,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €441,504 | €195,756 | -€245,748 | -55.7% |
| Amounts payable | 17/49 | €631,464 | €950,609 | +€319,145 | +50.5% |
| Amounts payable after more than one year | 17 | €8,368 | - | -€8,368 | |
| Financial debts | 170/4 | €8,368 | - | -€8,368 | |
| Amounts payable within one year | 42/48 | €582,635 | €950,609 | +€367,974 | +63.2% |
| Current portion of amounts payable after more than one year | 42 | €49,914 | €8,368 | -€41,546 | -83.2% |
| Financial debts | 43 | €37,533 | €42,209 | +€4,676 | +12.5% |
| Credit institutions | 430/8 | €37,533 | €42,209 | +€4,676 | +12.5% |
| Trade debts | 44 | €19,191 | €28,642 | +€9,451 | +49.2% |
| Suppliers | 440/4 | €19,191 | €28,642 | +€9,451 | +49.2% |
| Taxes, remuneration and social security | 45 | €236,997 | €232,390 | -€4,607 | -1.9% |
| Taxes | 450/3 | €153,740 | €156,447 | +€2,707 | +1.8% |
| Remuneration and social security | 454/9 | €83,258 | €75,943 | -€7,314 | -8.8% |
| Other amounts payable | 47/48 | €239,000 | €639,000 | +€400,000 | +167% |
| Accrued charges and deferred income | 492/3 | €40,461 | - | -€40,461 | |
| Remuneration, social security and pensions | 62 | €704,855 | €701,923 | -€2,932 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,048 | €37,875 | -€17,174 | -31.2% |
| Other operating charges | 640/8 | €9,927 | €11,235 | +€1,308 | +13.2% |
| Gross operating margin | 9900 | €911,241 | €968,778 | +€57,537 | +6.3% |
| Operating profit (loss) | 9901 | €141,411 | €217,746 | +€76,335 | +54.0% |
| Financial income | 75/76B | €218 | €268 | +€50 | +22.8% |
| Recurring financial income | 75 | €218 | €268 | +€50 | +22.8% |
| Financial charges | 65/66B | €7,821 | €8,465 | +€644 | +8.2% |
| Recurring financial charges | 65 | €7,821 | €8,465 | +€644 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €133,808 | €209,548 | +€75,740 | +56.6% |
| Income taxes | 67/77 | €46,407 | €55,297 | +€8,890 | +19.2% |
| Profit (loss) for the period | 9904 | €87,401 | €154,252 | +€66,851 | +76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,401 | €154,252 | +€66,851 | +76.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.