Nil 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.
Nil Retail
Largest movements
- Receivables within one year +€335,430
up €335,430 (+573%), from €58,561 to €393,991
of which Other amounts receivable: +€175,520
- Tangible fixed assets -€147,615
down €147,615 (-10.8%), from €1.4m to €1.2m
of which Plant, machinery and equipment: -€81,899
- Cash +€121,346
up €121,346 (+80.8%), from €150,193 to €271,539
mainly Trade debts (+€242,812) and Depreciation (+€157,814)
- Stocks and contracts -€104,977
down €104,977 (-64.1%), from €163,646 to €58,669
- Trade debts +€242,812
up €242,812 (+177%), from €137,532 to €380,345
- Debts after one year -€239,666
down €239,666 (-16.8%), from €1.4m to €1.2m
- Profit (loss) carried forward +€88,554
up €88,554 (+102%), from €86,557 to €175,111
- Tax, wage and social debts +€76,363
up €76,363 (+58.8%), from €129,906 to €206,269
of which Remuneration and social security: +€48,181
- Current portion of long-term debt +€50,000
new in 2024: €50,000
- Staff costs -€348,119
down €348,119 (-34.3%), from €1.0m to €666,541
- Gross operating margin -€316,405
down €316,405 (-23.8%), from €1.3m to €1.0m
- Financial charges +€56,164
up €56,164 (+206%), from €27,232 to €83,396
- Depreciation -€41,763
down €41,763 (-20.9%), from €199,577 to €157,814
- Other operating charges +€15,466
up €15,466 (+499%), from €3,099 to €18,565
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,825,304 | €2,020,681 | +€195,377 | +10.7% |
| Fixed assets | 21/28 | €1,371,794 | €1,224,178 | -€147,615 | -10.8% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,371,793 | €1,224,177 | -€147,615 | -10.8% |
| Plant, machinery and equipment | 23 | €713,247 | €631,348 | -€81,899 | -11.5% |
| Other tangible fixed assets | 26 | €658,545 | €592,830 | -€65,716 | -10.0% |
| Current assets | 29/58 | €453,511 | €796,503 | +€342,992 | +75.6% |
| Amounts receivable after more than one year | 29 | €50,227 | €50,227 | = | 0.0% |
| Other amounts receivable | 291 | €50,227 | €50,227 | = | 0.0% |
| Stocks and contracts in progress | 3 | €163,646 | €58,669 | -€104,977 | -64.1% |
| Stocks | 30/36 | €163,646 | €58,669 | -€104,977 | -64.1% |
| Amounts receivable within one year | 40/41 | €58,561 | €393,991 | +€335,430 | +573% |
| Trade receivables | 40 | €57,489 | €217,400 | +€159,911 | +278% |
| Other amounts receivable | 41 | €1,071 | €176,591 | +€175,520 | +16,383% |
| Cash at bank and in hand | 54/58 | €150,193 | €271,539 | +€121,346 | +80.8% |
| Deferred charges and accrued income | 490/1 | €30,883 | €22,076 | -€8,807 | -28.5% |
| Total equity and liabilities | 10/49 | €1,825,304 | €2,020,681 | +€195,377 | +10.7% |
| Equity | 10/15 | €91,557 | €180,111 | +€88,554 | +96.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,557 | €175,111 | +€88,554 | +102% |
| Amounts payable | 17/49 | €1,733,747 | €1,840,571 | +€106,823 | +6.2% |
| Amounts payable after more than one year | 17 | €1,430,000 | €1,190,334 | -€239,666 | -16.8% |
| Financial debts | 170/4 | €1,430,000 | €1,190,334 | -€239,666 | -16.8% |
| Amounts payable within one year | 42/48 | €267,438 | €636,614 | +€369,176 | +138% |
| Current portion of amounts payable after more than one year | 42 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €137,532 | €380,345 | +€242,812 | +177% |
| Suppliers | 440/4 | €137,532 | €380,345 | +€242,812 | +177% |
| Taxes, remuneration and social security | 45 | €129,906 | €206,269 | +€76,363 | +58.8% |
| Taxes | 450/3 | €69,757 | €97,939 | +€28,182 | +40.4% |
| Remuneration and social security | 454/9 | €60,149 | €108,330 | +€48,181 | +80.1% |
| Accrued charges and deferred income | 492/3 | €36,309 | €13,623 | -€22,686 | -62.5% |
| Remuneration, social security and pensions | 62 | €1,014,660 | €666,541 | -€348,119 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,577 | €157,814 | -€41,763 | -20.9% |
| Other operating charges | 640/8 | €3,099 | €18,565 | +€15,466 | +499% |
| Gross operating margin | 9900 | €1,331,125 | €1,014,720 | -€316,405 | -23.8% |
| Operating profit (loss) | 9901 | €113,789 | €171,800 | +€58,011 | +51.0% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €27,232 | €83,396 | +€56,164 | +206% |
| Recurring financial charges | 65 | €27,232 | €83,396 | +€56,164 | +206% |
| Profit (loss) for the period before taxes | 9903 | €86,557 | €88,554 | +€1,997 | +2.3% |
| Profit (loss) for the period | 9904 | €86,557 | €88,554 | +€1,997 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,557 | €88,554 | +€1,997 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.