Retail Artisans: 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.
Retail Artisans
Largest movements
- Tangible fixed assets +€172,419
new in 2024: €172,419
of which Land and buildings: +€168,620
- Deferred charges and accrued income +€24,259
new in 2024: €24,259
- Receivables within one year -€23,909
down €23,909 (-61.5%), from €38,902 to €14,993
of which Trade receivables: -€14,136
- Cash +€7,128
up €7,128 (+359.2%), from €1,985 to €9,113
mainly Trade debts (+€118,189) and Accrued charges and deferred income (+€64,382)
- Trade debts +€118,189
up €118,189 (+1983.8%), from €5,958 to €124,147
- Accrued charges and deferred income +€64,382
new in 2024: €64,382
- Current portion of long-term debt -€57,979
no longer reported in 2024 (was €57,979)
- Debts after one year +€30,725
up €30,725 (+19.5%), from €157,230 to €187,955
- Other debts +€12,739
up €12,739 (+11.4%), from €112,030 to €124,770
- Gross operating margin +€12,462
up €12,462 (+111.3%), from €11,193 to €23,655
- Financial charges +€7,590
up €7,590 (+235.7%), from €3,221 to €10,811
- Taxes -€1,474
down €1,474 (-90.7%), from €1,626 to €152
- Other operating charges +€890
new in 2024: €890
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.
Cash bridge derived
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 | €390,887 | €570,783 | +€179,897 | +46.0% |
| Fixed assets | 21/28 | €350,000 | €522,419 | +€172,419 | +49.3% |
| Tangible fixed assets | 22/27 | - | €172,419 | +€172,419 | |
| Land and buildings | 22 | - | €168,620 | +€168,620 | |
| Plant, machinery and equipment | 23 | - | €3,799 | +€3,799 | |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €40,887 | €48,364 | +€7,478 | +18.3% |
| Amounts receivable within one year | 40/41 | €38,902 | €14,993 | -€23,909 | -61.5% |
| Trade receivables | 40 | €18,150 | €4,014 | -€14,136 | -77.9% |
| Other amounts receivable | 41 | €20,752 | €10,979 | -€9,773 | -47.1% |
| Cash at bank and in hand | 54/58 | €1,985 | €9,113 | +€7,128 | +359.2% |
| Deferred charges and accrued income | 490/1 | - | €24,259 | +€24,259 | |
| Total equity and liabilities | 10/49 | €390,887 | €570,783 | +€179,897 | +46.0% |
| Equity | 10/15 | €56,063 | €67,752 | +€11,689 | +20.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,063 | €62,752 | +€11,689 | +22.9% |
| Distributable reserves | 133 | €51,063 | €62,752 | +€11,689 | +22.9% |
| Amounts payable | 17/49 | €334,823 | €503,031 | +€168,208 | +50.2% |
| Amounts payable after more than one year | 17 | €157,230 | €187,955 | +€30,725 | +19.5% |
| Financial debts | 170/4 | €157,230 | €187,955 | +€30,725 | +19.5% |
| Amounts payable within one year | 42/48 | €177,593 | €250,694 | +€73,101 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €57,979 | - | -€57,979 | |
| Trade debts | 44 | €5,958 | €124,147 | +€118,189 | +1983.8% |
| Suppliers | 440/4 | €5,958 | €124,147 | +€118,189 | +1983.8% |
| Taxes, remuneration and social security | 45 | €1,626 | €1,778 | +€152 | +9.3% |
| Taxes | 450/3 | €1,626 | €1,778 | +€152 | +9.3% |
| Other amounts payable | 47/48 | €112,030 | €124,770 | +€12,739 | +11.4% |
| Accrued charges and deferred income | 492/3 | - | €64,382 | +€64,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €114 | +€114 | |
| Other operating charges | 640/8 | - | €890 | +€890 | |
| Gross operating margin | 9900 | €11,193 | €23,655 | +€12,462 | +111.3% |
| Operating profit (loss) | 9901 | €11,193 | €22,651 | +€11,458 | +102.4% |
| Financial charges | 65/66B | €3,221 | €10,811 | +€7,590 | +235.7% |
| Recurring financial charges | 65 | €3,221 | €10,811 | +€7,590 | +235.7% |
| Profit (loss) for the period before taxes | 9903 | €7,972 | €11,840 | +€3,868 | +48.5% |
| Income taxes | 67/77 | €1,626 | €152 | -€1,474 | -90.7% |
| Profit (loss) for the period | 9904 | €6,346 | €11,689 | +€5,342 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,346 | €11,689 | +€5,342 | +84.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.