RETAIL 4 U: 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.
RETAIL 4 U
Largest movements
- Cash +€190,398
up €190,398 (+515.0%), from €36,970 to €227,368
mainly Receivables within one year (+€188,320) and Depreciation (+€149,785)
- Receivables within one year -€188,320
down €188,320 (-76.8%), from €245,209 to €56,890
- Intangible fixed assets -€75,386
down €75,386 (-19.3%), from €390,079 to €314,693
- Tangible fixed assets +€20,881
new in 2025: €20,881
- Stocks and contracts +€13,298
up €13,298 (+41.6%), from €31,944 to €45,242
- Other debts -€89,377
down €89,377 (-31.2%), from €286,382 to €197,005
- Tax, wage and social debts +€29,611
up €29,611 (+40.3%), from €73,484 to €103,095
- Trade debts +€11,264
up €11,264 (+4.9%), from €227,781 to €239,045
- Reserves +€9,373
up €9,373 (+25.6%), from €36,555 to €45,927
of which Distributable reserves: +€9,373
- Gross operating margin -€15,579
down €15,579 (-8.4%), from €186,310 to €170,731
- Depreciation -€13,405
down €13,405 (-8.2%), from €163,190 to €149,785
- Financial charges -€7,054
down €7,054 (-39.0%), from €18,109 to €11,055
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 | €704,202 | €665,073 | -€39,130 | -5.6% |
| Fixed assets | 21/28 | €390,079 | €335,573 | -€54,505 | -14.0% |
| Intangible fixed assets | 21 | €390,079 | €314,693 | -€75,386 | -19.3% |
| Tangible fixed assets | 22/27 | - | €20,881 | +€20,881 | |
| Furniture and vehicles | 24 | - | €20,881 | +€20,881 | |
| Current assets | 29/58 | €314,124 | €329,499 | +€15,376 | +4.9% |
| Stocks and contracts in progress | 3 | €31,944 | €45,242 | +€13,298 | +41.6% |
| Stocks | 30/36 | €31,944 | €45,242 | +€13,298 | +41.6% |
| Amounts receivable within one year | 40/41 | €245,209 | €56,890 | -€188,320 | -76.8% |
| Trade receivables | 40 | €245,209 | €56,890 | -€188,320 | -76.8% |
| Cash at bank and in hand | 54/58 | €36,970 | €227,368 | +€190,398 | +515.0% |
| Total equity and liabilities | 10/49 | €704,202 | €665,073 | -€39,130 | -5.6% |
| Equity | 10/15 | €116,555 | €125,927 | +€9,373 | +8.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €36,555 | €45,927 | +€9,373 | +25.6% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €28,555 | €37,927 | +€9,373 | +32.8% |
| Amounts payable | 17/49 | €587,648 | €539,145 | -€48,502 | -8.3% |
| Amounts payable within one year | 42/48 | €587,648 | €539,145 | -€48,502 | -8.3% |
| Trade debts | 44 | €227,781 | €239,045 | +€11,264 | +4.9% |
| Suppliers | 440/4 | €227,781 | €239,045 | +€11,264 | +4.9% |
| Taxes, remuneration and social security | 45 | €73,484 | €103,095 | +€29,611 | +40.3% |
| Taxes | 450/3 | €73,484 | €103,095 | +€29,611 | +40.3% |
| Other amounts payable | 47/48 | €286,382 | €197,005 | -€89,377 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,190 | €149,785 | -€13,405 | -8.2% |
| Other operating charges | 640/8 | €1,094 | €528 | -€566 | -51.7% |
| Gross operating margin | 9900 | €186,310 | €170,731 | -€15,579 | -8.4% |
| Operating profit (loss) | 9901 | €22,026 | €20,418 | -€1,608 | -7.3% |
| Financial income | 75/76B | €1 | €9 | +€8 | +1056.3% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +1056.3% |
| Financial charges | 65/66B | €18,109 | €11,055 | -€7,054 | -39.0% |
| Recurring financial charges | 65 | €18,109 | €11,055 | -€7,054 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €3,918 | €9,373 | +€5,455 | +139.2% |
| Profit (loss) for the period | 9904 | €3,918 | €9,373 | +€5,455 | +139.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,918 | €9,373 | +€5,455 | +139.2% |
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 12 October 2026 via checked.be.