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RELITTO FLOOR: what changed

Two fiscal 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

RELITTO FLOOR

BE 0806.062.971
NACE 43.331, Floor and wall tiling
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€24,479
2024 · -€13,007-€11,472
Equity
€10,042
2024 · €34,521-€24,479
Cash
€13,447
2024 · €13,558-€111
Balance sheet total
€136,536
2024 · €221,698-€85,162

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€66,877

    down €66,877 (-48.7%), from €137,185 to €70,308

    of which Trade receivables: -€69,324

  • Tangible fixed assets -€11,296

    down €11,296 (-28.8%), from €39,226 to €27,930

    of which Furniture and vehicles: -€5,785

  • Stocks and contracts -€7,052

    down €7,052 (-28.9%), from €24,373 to €17,321

Equity and liabilities
  • Trade debts -€59,711

    down €59,711 (-54.7%), from €109,227 to €49,516

  • Profit (loss) carried forward -€24,479

    down €24,479 (-34.4%), from -€71,233 to -€95,712

  • Current portion of long-term debt -€7,549

    down €7,549 (-23.2%), from €32,549 to €25,000

  • Other debts +€7,518

    up €7,518 (+21.4%), from €35,153 to €42,671

Income statement
  • Gross operating margin -€13,493

    down €13,493 (-23.7%), from €56,931 to €43,438

  • Financial charges -€2,333

    down €2,333 (-38.0%), from €6,135 to €3,802

  • Staff costs +€2,012

    up €2,012 (+4.2%), from €47,640 to €49,652

  • Depreciation -€1,070

    down €1,070 (-8.7%), from €12,366 to €11,296

  • Write-downs -€763

    no longer reported in 2025 (was €763)

From the 2024 result to the 2025 result

effect on the 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 2024 -€13,007
Gross operating margin -€13,493
Staff costs -€2,012
Depreciation +€1,070
Write-downs +€763
Other operating charges -€202
Other operating items +€100
Financial income -€9
Financial charges +€2,333
Taxes -€22
Result 2025 -€24,479

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,438
Investment €0
Financing -€7,549
Cash 2024 €13,558
Net result for the year -€24,479
Depreciation +€11,296
Stocks and contracts +€7,052
Receivables within one year +€66,877
Deferred charges and accrued income -€174
Trade debts -€59,711
Tax, wage and social debts -€61
Other debts +€7,518
Accrued charges and deferred income -€880
Current portion of long-term debt -€7,549
Cash 2025 €13,447
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €221,698 €136,536 -€85,162 -38.4%
Fixed assets 21/28 €42,826 €31,530 -€11,296 -26.4%
Tangible fixed assets 22/27 €39,226 €27,930 -€11,296 -28.8%
Plant, machinery and equipment 23 €6,591 €5,899 -€692 -10.5%
Furniture and vehicles 24 €11,133 €5,348 -€5,785 -52.0%
Other tangible fixed assets 26 €21,502 €16,683 -€4,819 -22.4%
Financial fixed assets 28 €3,600 €3,600 = 0.0%
Current assets 29/58 €178,872 €105,006 -€73,866 -41.3%
Stocks and contracts in progress 3 €24,373 €17,321 -€7,052 -28.9%
Stocks 30/36 €24,373 €17,321 -€7,052 -28.9%
Amounts receivable within one year 40/41 €137,185 €70,308 -€66,877 -48.7%
Trade receivables 40 €129,984 €60,660 -€69,324 -53.3%
Other amounts receivable 41 €7,201 €9,648 +€2,447 +34.0%
Cash at bank and in hand 54/58 €13,558 €13,447 -€111 -0.8%
Deferred charges and accrued income 490/1 €3,756 €3,930 +€174 +4.6%
Total equity and liabilities 10/49 €221,698 €136,536 -€85,162 -38.4%
Equity 10/15 €34,521 €10,042 -€24,479 -70.9%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €99,554 €99,554 = 0.0%
Distributable reserves 133 €99,554 €99,554 = 0.0%
Profit (loss) carried forward 14 -€71,233 -€95,712 -€24,479 -34.4%
Amounts payable 17/49 €187,177 €126,494 -€60,683 -32.4%
Amounts payable within one year 42/48 €182,694 €122,891 -€59,803 -32.7%
Current portion of amounts payable after more than one year 42 €32,549 €25,000 -€7,549 -23.2%
Trade debts 44 €109,227 €49,516 -€59,711 -54.7%
Suppliers 440/4 €109,227 €49,516 -€59,711 -54.7%
Taxes, remuneration and social security 45 €5,765 €5,704 -€61 -1.1%
Taxes 450/3 €2,115 €1,894 -€221 -10.4%
Remuneration and social security 454/9 €3,650 €3,810 +€160 +4.4%
Other amounts payable 47/48 €35,153 €42,671 +€7,518 +21.4%
Accrued charges and deferred income 492/3 €4,483 €3,603 -€880 -19.6%
Remuneration, social security and pensions 62 €47,640 €49,652 +€2,012 +4.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,366 €11,296 -€1,070 -8.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €763 - -€763
Other operating charges 640/8 €2,385 €2,587 +€202 +8.5%
Non-recurring operating charges 66A €100 - -€100
Gross operating margin 9900 €56,931 €43,438 -€13,493 -23.7%
Operating profit (loss) 9901 -€6,323 -€20,097 -€13,774 -217.8%
Financial income 75/76B €29 €20 -€9 -31.0%
Recurring financial income 75 €29 €20 -€9 -31.0%
Financial charges 65/66B €6,135 €3,802 -€2,333 -38.0%
Recurring financial charges 65 €6,135 €3,802 -€2,333 -38.0%
Profit (loss) for the period before taxes 9903 -€12,429 -€23,879 -€11,450 -92.1%
Income taxes 67/77 €578 €600 +€22 +3.8%
Profit (loss) for the period 9904 -€13,007 -€24,479 -€11,472 -88.2%
Profit (loss) for the period to be appropriated 9905 -€13,007 -€24,479 -€11,472 -88.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.