HET MODEPALEIS: what changed
What changed
HET MODEPALEIS
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
€570,840
2024 · €788,647-€217,807
Equity
€1.4m
2024 · €1.4m
Cash
€346,680
2024 · €1.8m-€1.4m
Balance sheet total
€3.6m
2024 · €2.6m+€984,549
Largest movements
Assets
- Receivables within one year +€1.4m
up €1.4m (+6,597%), from €21,930 to €1.5m
of which Other amounts receivable: +€1.5m
- Cash -€1.4m
down €1.4m (-80.5%), from €1.8m to €346,680
mainly Receivables within one year (-€1.4m) and Stocks and contracts (-€574,826)
- Stocks and contracts +€574,826
up €574,826 (+117%), from €492,722 to €1.1m
- Tangible fixed assets +€366,989
up €366,989 (+113%), from €324,383 to €691,372
of which Land and buildings: +€280,722
Equity and liabilities
- Other debts +€570,840
up €570,840 (+72.4%), from €788,647 to €1.4m
- Trade debts +€352,266
up €352,266 (+170%), from €207,168 to €559,433
Income statement
- Turnover -€176,282
down €176,282 (-3.3%), from €5.4m to €5.2m
- Depreciation +€85,165
up €85,165 (+160%), from €53,120 to €138,285
- Services and other goods +€79,242
up €79,242 (+16.9%), from €469,926 to €549,169
- Write-downs -€58,805
down €58,805 (-69.8%), from €84,292 to €25,487
- Taxes -€55,199
down €55,199 (-20.5%), from €269,743 to €214,544
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
€788,647
Turnover
-€176,282
Other operating income
-€5,522
Goods and materials
-€3,396
Services and other goods
-€79,242
Staff costs
+€23,074
Depreciation
-€85,165
Write-downs
+€58,805
Other operating charges
+€1,091
Other operating items
+€140
Financial income
+€6,651
Financial charges
-€13,159
Taxes
+€55,199
Result 2025
€570,840
raises the resultlowers the resultnot broken down further in the accounts
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
-€330,266
Investment
-€528,084
Financing
-€570,840
Cash 2024
€1.8m
From operations (derived)
-€330,266
Net result for the year
+€570,840
Depreciation
+€138,285
Stocks and contracts
-€574,826
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€2,470
Trade debts
+€352,266
Tax, wage and social debts
+€20,129
Advances received
+€27,866
Other debts
+€570,840
Accrued charges and deferred income
+€13,448
Investment (derived)
-€528,084
Investment in fixed assets (net)
-€528,084
Financing
-€570,840
Contributions, distributions and other
-€570,840
Cash 2025
€346,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,618,521 | €3,603,069 | +€984,549 | +37.6% |
| Fixed assets | 21/28 | €324,998 | €714,797 | +€389,799 | +120% |
| Intangible fixed assets | 21 | €315 | €23,125 | +€22,810 | +7,232% |
| Tangible fixed assets | 22/27 | €324,383 | €691,372 | +€366,989 | +113% |
| Land and buildings | 22 | €46,660 | €327,382 | +€280,722 | +602% |
| Plant, machinery and equipment | 23 | €170,243 | €55,857 | -€114,386 | -67.2% |
| Furniture and vehicles | 24 | €47,663 | €304,815 | +€257,151 | +540% |
| Other tangible fixed assets | 26 | €59,817 | €3,319 | -€56,498 | -94.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Other financial fixed assets | 284/8 | €300 | €300 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €2,293,522 | €2,888,272 | +€594,750 | +25.9% |
| Stocks and contracts in progress | 3 | €492,722 | €1,067,548 | +€574,826 | +117% |
| Stocks | 30/36 | €492,722 | €1,067,548 | +€574,826 | +117% |
| Goods purchased for resale | 34 | €492,722 | €1,067,548 | +€574,826 | +117% |
| Amounts receivable within one year | 40/41 | €21,930 | €1,468,574 | +€1.4m | +6,597% |
| Trade receivables | 40 | €14,879 | €6,913 | -€7,966 | -53.5% |
| Other amounts receivable | 41 | €7,051 | €1,461,661 | +€1.5m | +20,629% |
| Cash at bank and in hand | 54/58 | €1,775,871 | €346,680 | -€1.4m | -80.5% |
| Deferred charges and accrued income | 490/1 | €3,000 | €5,470 | +€2,470 | +82.3% |
| Total equity and liabilities | 10/49 | €2,618,521 | €3,603,069 | +€984,549 | +37.6% |
| Equity | 10/15 | €1,437,452 | €1,437,452 | = | 0.0% |
| Contributions | 10/11 | €68,327 | €68,327 | = | 0.0% |
| Capital | 10 | €68,327 | €68,327 | = | 0.0% |
| Issued capital | 100 | €68,327 | €68,327 | = | 0.0% |
| Reserves | 13 | €1,369,126 | €1,369,126 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,833 | €6,833 | = | 0.0% |
| Legal reserve | 130 | €6,833 | €6,833 | = | 0.0% |
| Distributable reserves | 133 | €1,362,293 | €1,362,293 | = | 0.0% |
| Amounts payable | 17/49 | €1,181,068 | €2,165,617 | +€984,549 | +83.4% |
| Amounts payable within one year | 42/48 | €1,181,068 | €2,152,169 | +€971,101 | +82.2% |
| Trade debts | 44 | €207,168 | €559,433 | +€352,266 | +170% |
| Suppliers | 440/4 | €207,168 | €559,433 | +€352,266 | +170% |
| Advances received on contracts in progress | 46 | - | €27,866 | +€27,866 | |
| Taxes, remuneration and social security | 45 | €185,253 | €205,382 | +€20,129 | +10.9% |
| Taxes | 450/3 | €77,063 | €104,612 | +€27,549 | +35.7% |
| Remuneration and social security | 454/9 | €108,190 | €100,770 | -€7,420 | -6.9% |
| Other amounts payable | 47/48 | €788,647 | €1,359,488 | +€570,840 | +72.4% |
| Accrued charges and deferred income | 492/3 | - | €13,448 | +€13,448 | |
| Operating income | 70/76A | €5,361,265 | €5,179,601 | -€181,665 | -3.4% |
| Turnover | 70 | €5,354,883 | €5,178,601 | -€176,282 | -3.3% |
| Other operating income | 74 | €5,522 | - | -€5,522 | |
| Non-recurring operating income | 76A | €860 | €1,000 | +€140 | +16.3% |
| Operating charges | 60/66A | €4,253,168 | €4,338,001 | +€84,833 | +2.0% |
| Goods for resale, raw materials and consumables | 60 | €2,628,926 | €2,632,322 | +€3,396 | +0.1% |
| Purchases | 600/8 | €2,519,526 | €3,232,636 | +€713,110 | +28.3% |
| Change in stocks: decrease (increase) | 609 | €109,400 | -€600,314 | -€709,713 | |
| Services and other goods | 61 | €469,926 | €549,169 | +€79,242 | +16.9% |
| Remuneration, social security and pensions | 62 | €1,005,162 | €982,087 | -€23,074 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,120 | €138,285 | +€85,165 | +160% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €84,292 | €25,487 | -€58,805 | -69.8% |
| Other operating charges | 640/8 | €11,742 | €10,651 | -€1,091 | -9.3% |
| Operating profit (loss) | 9901 | €1,108,097 | €841,600 | -€266,498 | -24.1% |
| Financial income | 75/76B | €15 | €6,667 | +€6,651 | +43,502% |
| Recurring financial income | 75 | €15 | €6,667 | +€6,651 | +43,502% |
| Income from current assets | 751 | - | €6,667 | +€6,667 | |
| Other financial income | 752/9 | €15 | - | -€15 | |
| Financial charges | 65/66B | €49,722 | €62,882 | +€13,159 | +26.5% |
| Recurring financial charges | 65 | €49,722 | €60,029 | +€10,307 | +20.7% |
| Debt charges | 650 | €29 | €549 | +€520 | +1,774% |
| Other financial charges | 652/9 | €49,693 | €59,480 | +€9,787 | +19.7% |
| Non-recurring financial charges | 66B | - | €2,852 | +€2,852 | |
| Profit (loss) for the period before taxes | 9903 | €1,058,390 | €785,384 | -€273,006 | -25.8% |
| Income taxes | 67/77 | €269,743 | €214,544 | -€55,199 | -20.5% |
| Taxes | 670/3 | €269,743 | €214,544 | -€55,199 | -20.5% |
| Profit (loss) for the period | 9904 | €788,647 | €570,840 | -€217,807 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €788,647 | €570,840 | -€217,807 | -27.6% |
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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.