PRESS THE BUTTON: 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.
What changed
PRESS THE BUTTON
NACE 47.512, Retail sale of household textiles and bedding
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€36,348
2025 · €55,076-€18,728
Equity
€1.7m
2025 · €1.7m+€36,348
Cash
€12,019
2025 · €50,784-€38,765
Balance sheet total
€3.4m
2025 · €3.6m-€205,112
Largest movements
Assets
- Tangible fixed assets -€151,004
down €151,004 (-4.5%), from €3.4m to €3.2m
of which Land and buildings: -€148,559
- Cash -€38,765
down €38,765 (-76.3%), from €50,784 to €12,019
mainly Debts after one year (-€229,871) and Trade debts (-€49,609)
Equity and liabilities
- Debts after one year -€229,871
down €229,871 (-16.6%), from €1.4m to €1.2m
- Trade debts -€49,609
down €49,609 (-25.9%), from €191,244 to €141,635
- Profit (loss) carried forward +€36,348
up €36,348 (+7.3%), from €500,039 to €536,387
Income statement
- Gross operating margin -€79,492
down €79,492 (-16.2%), from €490,959 to €411,467
- Staff costs -€22,061
down €22,061 (-17.5%), from €126,351 to €104,291
- Write-downs -€14,752
down €14,752, from €4,799 to -€9,953
- Taxes -€9,551
down €9,551 (-40.9%), from €23,328 to €13,777
- Financial charges -€9,464
down €9,464 (-13.4%), from €70,649 to €61,185
From the 2025 result to the 2026 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.
Result 2025
€55,076
Gross operating margin
-€79,492
Staff costs
+€22,061
Depreciation
-€144
Write-downs
+€14,752
Other operating charges
+€4,662
Financial income
+€418
Financial charges
+€9,464
Taxes
+€9,551
Result 2026
€36,348
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€187,234
Investment
-€4,250
Financing
-€221,748
Cash 2025
€50,784
From operations (derived)
+€187,234
Net result for the year
+€36,348
Depreciation
+€155,254
Stocks and contracts
+€3,258
Receivables within one year
+€11,874
Deferred charges and accrued income
+€212
Provisions
+€30,000
Trade debts
-€49,609
Tax, wage and social debts
-€2,266
Other debts
+€5,133
Accrued charges and deferred income
-€2,970
Investment (derived)
-€4,250
Investment in fixed assets (net)
-€4,250
Financing
-€221,748
Debts after one year
-€229,871
Current portion of long-term debt
+€8,122
Short-term financial debts
+€1
Cash 2026
€12,019
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,630,348 | €3,425,236 | -€205,112 | -5.6% |
| Fixed assets | 21/28 | €3,389,208 | €3,238,203 | -€151,004 | -4.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €3,389,148 | €3,238,143 | -€151,004 | -4.5% |
| Land and buildings | 22 | €3,384,278 | €3,235,719 | -€148,559 | -4.4% |
| Furniture and vehicles | 24 | €4,870 | €2,425 | -€2,445 | -50.2% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €241,141 | €187,033 | -€54,108 | -22.4% |
| Stocks and contracts in progress | 3 | €54,140 | €50,882 | -€3,258 | -6.0% |
| Stocks | 30/36 | €54,140 | €50,882 | -€3,258 | -6.0% |
| Amounts receivable within one year | 40/41 | €128,928 | €117,054 | -€11,874 | -9.2% |
| Trade receivables | 40 | €17,009 | €10,857 | -€6,152 | -36.2% |
| Other amounts receivable | 41 | €111,919 | €106,197 | -€5,722 | -5.1% |
| Cash at bank and in hand | 54/58 | €50,784 | €12,019 | -€38,765 | -76.3% |
| Deferred charges and accrued income | 490/1 | €7,289 | €7,078 | -€212 | -2.9% |
| Total equity and liabilities | 10/49 | €3,630,348 | €3,425,236 | -€205,112 | -5.6% |
| Equity | 10/15 | €1,703,113 | €1,739,461 | +€36,348 | +2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €1,182,622 | €1,182,622 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €500,039 | €536,387 | +€36,348 | +7.3% |
| Provisions and deferred taxes | 16 | €30,000 | €60,000 | +€30,000 | +100% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €60,000 | +€30,000 | +100% |
| Major repairs and maintenance | 162 | €30,000 | €60,000 | +€30,000 | +100% |
| Amounts payable | 17/49 | €1,897,235 | €1,625,775 | -€271,460 | -14.3% |
| Amounts payable after more than one year | 17 | €1,381,224 | €1,151,353 | -€229,871 | -16.6% |
| Financial debts | 170/4 | €1,381,224 | €1,151,353 | -€229,871 | -16.6% |
| Amounts payable within one year | 42/48 | €512,291 | €473,672 | -€38,619 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €221,750 | €229,871 | +€8,122 | +3.7% |
| Financial debts | 43 | €10,975 | €10,977 | +€1 | 0.0% |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €10,975 | €10,977 | +€1 | 0.0% |
| Trade debts | 44 | €191,244 | €141,635 | -€49,609 | -25.9% |
| Suppliers | 440/4 | €191,244 | €141,635 | -€49,609 | -25.9% |
| Taxes, remuneration and social security | 45 | €40,407 | €38,141 | -€2,266 | -5.6% |
| Taxes | 450/3 | €29,905 | €37,426 | +€7,520 | +25.1% |
| Remuneration and social security | 454/9 | €10,501 | €715 | -€9,787 | -93.2% |
| Other amounts payable | 47/48 | €47,915 | €53,048 | +€5,133 | +10.7% |
| Accrued charges and deferred income | 492/3 | €3,720 | €750 | -€2,970 | -79.8% |
| Remuneration, social security and pensions | 62 | €126,351 | €104,291 | -€22,061 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,111 | €155,254 | +€144 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,799 | -€9,953 | -€14,752 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,000 | €30,000 | = | 0.0% |
| Other operating charges | 640/8 | €25,935 | €21,273 | -€4,662 | -18.0% |
| Gross operating margin | 9900 | €490,959 | €411,467 | -€79,492 | -16.2% |
| Operating profit (loss) | 9901 | €148,762 | €110,602 | -€38,161 | -25.7% |
| Financial income | 75/76B | €290 | €708 | +€418 | +144% |
| Recurring financial income | 75 | €290 | €708 | +€418 | +144% |
| Financial charges | 65/66B | €70,649 | €61,185 | -€9,464 | -13.4% |
| Recurring financial charges | 65 | €70,649 | €61,185 | -€9,464 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €78,404 | €50,125 | -€28,279 | -36.1% |
| Income taxes | 67/77 | €23,328 | €13,777 | -€9,551 | -40.9% |
| Profit (loss) for the period | 9904 | €55,076 | €36,348 | -€18,728 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,076 | €36,348 | -€18,728 | -34.0% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.