In2retail: 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.
In2retail
Largest movements
- Receivables within one year -€79,403
down €79,403 (-31.9%), from €249,200 to €169,797
of which Trade receivables: -€75,695
- Cash +€37,156
up €37,156 (+31.4%), from €118,225 to €155,381
mainly Receivables within one year (+€79,403) and Accrued charges and deferred income (+€26,278)
- Trade debts -€85,648
down €85,648 (-46.9%), from €182,653 to €97,006
- Accrued charges and deferred income +€26,278
up €26,278 (+88.7%), from €29,633 to €55,911
- Reserves +€8,498
up €8,498 (+13.0%), from €65,587 to €74,085
of which Distributable reserves: +€8,498
- Tax, wage and social debts +€7,256
up €7,256 (+72.9%), from €9,957 to €17,213
of which Taxes: +€6,968
- Staff costs +€11,533
up €11,533 (+19.7%), from €58,488 to €70,021
- Gross operating margin +€9,557
up €9,557 (+13.1%), from €72,841 to €82,398
- Financial income -€7,489
down €7,489 (-64.7%), from €11,567 to €4,078
of which Non-recurring financial income: -€4,897
- Other operating charges -€4,939
down €4,939 (-58.6%), from €8,431 to €3,492
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 | €378,900 | €337,343 | -€41,558 | -11.0% |
| Fixed assets | 21/28 | - | €2,346 | +€2,346 | |
| Tangible fixed assets | 22/27 | - | €2,346 | +€2,346 | |
| Furniture and vehicles | 24 | - | €2,346 | +€2,346 | |
| Current assets | 29/58 | €378,900 | €334,997 | -€43,903 | -11.6% |
| Amounts receivable within one year | 40/41 | €249,200 | €169,797 | -€79,403 | -31.9% |
| Trade receivables | 40 | €121,483 | €45,788 | -€75,695 | -62.3% |
| Other amounts receivable | 41 | €127,717 | €124,009 | -€3,707 | -2.9% |
| Cash at bank and in hand | 54/58 | €118,225 | €155,381 | +€37,156 | +31.4% |
| Deferred charges and accrued income | 490/1 | €11,475 | €9,819 | -€1,656 | -14.4% |
| Total equity and liabilities | 10/49 | €378,900 | €337,343 | -€41,558 | -11.0% |
| Equity | 10/15 | €127,087 | €135,585 | +€8,498 | +6.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €65,587 | €74,085 | +€8,498 | +13.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €59,437 | €67,935 | +€8,498 | +14.3% |
| Amounts payable | 17/49 | €251,813 | €201,757 | -€50,056 | -19.9% |
| Amounts payable within one year | 42/48 | €222,180 | €145,846 | -€76,334 | -34.4% |
| Trade debts | 44 | €182,653 | €97,006 | -€85,648 | -46.9% |
| Suppliers | 440/4 | €182,653 | €97,006 | -€85,648 | -46.9% |
| Advances received on contracts in progress | 46 | €28,569 | €31,628 | +€3,058 | +10.7% |
| Taxes, remuneration and social security | 45 | €9,957 | €17,213 | +€7,256 | +72.9% |
| Taxes | 450/3 | €3,508 | €10,476 | +€6,968 | +199% |
| Remuneration and social security | 454/9 | €6,450 | €6,737 | +€288 | +4.5% |
| Other amounts payable | 47/48 | €1,000 | €0 | -€1,000 | -100% |
| Accrued charges and deferred income | 492/3 | €29,633 | €55,911 | +€26,278 | +88.7% |
| Remuneration, social security and pensions | 62 | €58,488 | €70,021 | +€11,533 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €305 | +€305 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,468 | €3,222 | +€755 | +30.6% |
| Other operating charges | 640/8 | €8,431 | €3,492 | -€4,939 | -58.6% |
| Gross operating margin | 9900 | €72,841 | €82,398 | +€9,557 | +13.1% |
| Operating profit (loss) | 9901 | €3,454 | €5,357 | +€1,903 | +55.1% |
| Financial income | 75/76B | €11,567 | €4,078 | -€7,489 | -64.7% |
| Recurring financial income | 75 | €6,670 | €4,078 | -€2,592 | -38.9% |
| Non-recurring financial income | 76B | €4,897 | €0 | -€4,897 | -100% |
| Financial charges | 65/66B | €778 | €937 | +€159 | +20.5% |
| Recurring financial charges | 65 | €778 | €937 | +€159 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €14,244 | €8,498 | -€5,745 | -40.3% |
| Profit (loss) for the period | 9904 | €14,244 | €8,498 | -€5,745 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,244 | €8,498 | -€5,745 | -40.3% |
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 19 October 2026 via checked.be.