RETAIL BOUW MANAGEMENT: 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 BOUW MANAGEMENT
Largest movements
- Cash +€92,846
up €92,846 (+177%), from €52,311 to €145,157
mainly Other debts (+€70,393) and Trade debts (+€31,647)
- Receivables within one year -€14,230
down €14,230 (-23.0%), from €61,972 to €47,742
- Financial fixed assets -€9,102
no longer reported in 2025 (was €9,102)
- Other debts +€70,393
up €70,393 (+34.9%), from €201,895 to €272,288
- Trade debts +€31,647
up €31,647 (+165%), from €19,228 to €50,875
- Accrued charges and deferred income -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward -€15,211
down €15,211 (-6.7%), from -€227,799 to -€243,009
- Tax, wage and social debts +€7,686
up €7,686 (+12.0%), from €63,788 to €71,473
of which Remuneration and social security: +€24,505
- Staff costs -€86,306
down €86,306 (-25.6%), from €336,991 to €250,685
- Gross operating margin -€58,272
down €58,272 (-19.1%), from €305,118 to €246,846
- Other operating charges -€8,783
down €8,783 (-94.4%), from €9,302 to €520
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.
Derived cash bridge
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 | €123,385 | €192,900 | +€69,515 | +56.3% |
| Fixed assets | 21/28 | €9,102 | - | -€9,102 | |
| Financial fixed assets | 28 | €9,102 | - | -€9,102 | |
| Current assets | 29/58 | €114,283 | €192,900 | +€78,617 | +68.8% |
| Amounts receivable within one year | 40/41 | €61,972 | €47,742 | -€14,230 | -23.0% |
| Trade receivables | 40 | €61,972 | €47,742 | -€14,230 | -23.0% |
| Cash at bank and in hand | 54/58 | €52,311 | €145,157 | +€92,846 | +177% |
| Total equity and liabilities | 10/49 | €123,385 | €192,900 | +€69,515 | +56.3% |
| Equity | 10/15 | -€186,526 | -€201,736 | -€15,211 | -8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,673 | €22,673 | = | 0.0% |
| Distributable reserves | 133 | €22,673 | €22,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€227,799 | -€243,009 | -€15,211 | -6.7% |
| Amounts payable | 17/49 | €309,911 | €394,636 | +€84,725 | +27.3% |
| Amounts payable within one year | 42/48 | €284,911 | €394,636 | +€109,725 | +38.5% |
| Trade debts | 44 | €19,228 | €50,875 | +€31,647 | +165% |
| Suppliers | 440/4 | €19,228 | €50,875 | +€31,647 | +165% |
| Taxes, remuneration and social security | 45 | €63,788 | €71,473 | +€7,686 | +12.0% |
| Taxes | 450/3 | €41,139 | €24,319 | -€16,819 | -40.9% |
| Remuneration and social security | 454/9 | €22,649 | €47,154 | +€24,505 | +108% |
| Other amounts payable | 47/48 | €201,895 | €272,288 | +€70,393 | +34.9% |
| Accrued charges and deferred income | 492/3 | €25,000 | - | -€25,000 | |
| Remuneration, social security and pensions | 62 | €336,991 | €250,685 | -€86,306 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | - | -€264 | |
| Other operating charges | 640/8 | €9,302 | €520 | -€8,783 | -94.4% |
| Gross operating margin | 9900 | €305,118 | €246,846 | -€58,272 | -19.1% |
| Operating profit (loss) | 9901 | -€41,439 | -€4,359 | +€37,080 | +89.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €9,942 | €10,396 | +€455 | +4.6% |
| Recurring financial charges | 65 | €9,942 | €10,396 | +€455 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€51,381 | -€14,756 | +€36,626 | +71.3% |
| Income taxes | 67/77 | €518 | €455 | -€63 | -12.1% |
| Profit (loss) for the period | 9904 | -€51,899 | -€15,211 | +€36,688 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,899 | -€15,211 | +€36,688 | +70.7% |
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 30 October 2026 via checked.be.