LOCAL STORE: 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.
LOCAL STORE
Largest movements
- Receivables within one year +€96,271
up €96,271 (+38.6%), from €249,327 to €345,597
of which Trade receivables: +€257,243
- Stocks and contracts -€21,201
down €21,201 (-23.9%), from €88,638 to €67,437
- Cash +€9,904
up €9,904 (+46.4%), from €21,364 to €31,268
mainly Other debts (+€70,714) and Tax, wage and social debts (+€53,901)
- Other debts +€70,714
up €70,714 (+352.6%), from €20,054 to €90,768
- Tax, wage and social debts +€53,901
up €53,901 (+55.2%), from €97,638 to €151,540
of which Remuneration and social security: +€51,744
- Trade debts -€23,846
down €23,846 (-60.8%), from €39,220 to €15,374
- Current portion of long-term debt -€15,673
down €15,673 (-42.3%), from €37,055 to €21,382
- Gross operating margin -€61,226
down €61,226 (-8.4%), from €726,728 to €665,502
- Financial charges -€21,696
down €21,696 (-45.3%), from €47,919 to €26,223
of which Non-recurring financial charges: -€24,555
- Staff costs -€11,524
down €11,524 (-2.0%), from €582,687 to €571,163
- Taxes -€10,120
down €10,120 (-74.8%), from €13,537 to €3,418
- Other operating charges +€7,746
up €7,746 (+317.5%), from €2,440 to €10,186
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 | €605,073 | €693,186 | +€88,113 | +14.6% |
| Fixed assets | 21/28 | €47,690 | €50,829 | +€3,139 | +6.6% |
| Tangible fixed assets | 22/27 | €47,690 | €50,829 | +€3,139 | +6.6% |
| Plant, machinery and equipment | 23 | €29,449 | €4,058 | -€25,391 | -86.2% |
| Furniture and vehicles | 24 | €6,776 | €37,218 | +€30,442 | +449.3% |
| Other tangible fixed assets | 26 | €11,465 | €9,553 | -€1,912 | -16.7% |
| Current assets | 29/58 | €557,384 | €642,357 | +€84,974 | +15.2% |
| Amounts receivable after more than one year | 29 | €198,055 | €198,055 | = | 0.0% |
| Other amounts receivable | 291 | €198,055 | €198,055 | = | 0.0% |
| Stocks and contracts in progress | 3 | €88,638 | €67,437 | -€21,201 | -23.9% |
| Stocks | 30/36 | €88,638 | €67,437 | -€21,201 | -23.9% |
| Amounts receivable within one year | 40/41 | €249,327 | €345,597 | +€96,271 | +38.6% |
| Trade receivables | 40 | €74,105 | €331,348 | +€257,243 | +347.1% |
| Other amounts receivable | 41 | €175,222 | €14,250 | -€160,972 | -91.9% |
| Cash at bank and in hand | 54/58 | €21,364 | €31,268 | +€9,904 | +46.4% |
| Total equity and liabilities | 10/49 | €605,073 | €693,186 | +€88,113 | +14.6% |
| Equity | 10/15 | €103,895 | €106,911 | +€3,016 | +2.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,035 | €90,051 | +€3,016 | +3.5% |
| Amounts payable | 17/49 | €501,179 | €586,275 | +€85,097 | +17.0% |
| Amounts payable after more than one year | 17 | €247,274 | €247,274 | = | 0.0% |
| Financial debts | 170/4 | €247,274 | €247,274 | = | 0.0% |
| Amounts payable within one year | 42/48 | €253,904 | €339,001 | +€85,097 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €37,055 | €21,382 | -€15,673 | -42.3% |
| Financial debts | 43 | €59,938 | €59,938 | = | 0.0% |
| Credit institutions | 430/8 | €59,938 | €59,938 | = | 0.0% |
| Trade debts | 44 | €39,220 | €15,374 | -€23,846 | -60.8% |
| Suppliers | 440/4 | €39,220 | €15,374 | -€23,846 | -60.8% |
| Taxes, remuneration and social security | 45 | €97,638 | €151,540 | +€53,901 | +55.2% |
| Taxes | 450/3 | €48,917 | €51,074 | +€2,157 | +4.4% |
| Remuneration and social security | 454/9 | €48,721 | €100,466 | +€51,744 | +106.2% |
| Other amounts payable | 47/48 | €20,054 | €90,768 | +€70,714 | +352.6% |
| Non-recurring operating income | 76A | €12,068 | - | -€12,068 | |
| Remuneration, social security and pensions | 62 | €582,687 | €571,163 | -€11,524 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,628 | €38,946 | +€2,318 | +6.3% |
| Other operating charges | 640/8 | €2,440 | €10,186 | +€7,746 | +317.5% |
| Gross operating margin | 9900 | €726,728 | €665,502 | -€61,226 | -8.4% |
| Operating profit (loss) | 9901 | €104,973 | €45,207 | -€59,766 | -56.9% |
| Financial income | 75/76B | €443 | €869 | +€426 | +96.2% |
| Recurring financial income | 75 | €443 | €869 | +€426 | +96.2% |
| Financial charges | 65/66B | €47,919 | €26,223 | -€21,696 | -45.3% |
| Recurring financial charges | 65 | €23,364 | €26,223 | +€2,859 | +12.2% |
| Non-recurring financial charges | 66B | €24,555 | - | -€24,555 | |
| Profit (loss) for the period before taxes | 9903 | €57,497 | €19,852 | -€37,644 | -65.5% |
| Income taxes | 67/77 | €13,537 | €3,418 | -€10,120 | -74.8% |
| Profit (loss) for the period | 9904 | €43,959 | €16,435 | -€27,525 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,959 | €16,435 | -€27,525 | -62.6% |
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 9 October 2026 via checked.be.