RETAIL CONSULTING & SERVICES: 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 CONSULTING & SERVICES
Largest movements
- Receivables within one year +€104,612
up €104,612 (+85.4%), from €122,522 to €227,134
of which Other amounts receivable: +€101,604
- Tangible fixed assets -€44,669
down €44,669 (-6.6%), from €673,149 to €628,481
of which Land and buildings: -€38,003
- Cash +€33,271
up €33,271 (+115%), from €28,907 to €62,179
mainly Net result for the year (+€146,691) and Depreciation (+€45,695)
- Current investments -€30,329
down €30,329 (-9.8%), from €309,868 to €279,539
- Deferred charges and accrued income +€28,116
up €28,116 (+631%), from €4,455 to €32,571
- Reserves +€146,691
up €146,691 (+9.8%), from €1.5m to €1.6m
- Debts after one year -€46,574
down €46,574 (-8.1%), from €575,507 to €528,933
- Gross operating margin +€25,406
up €25,406 (+11.0%), from €231,857 to €257,263
- Financial income +€13,018
up €13,018 (+71.0%), from €18,344 to €31,362
- Other operating charges +€10,007
up €10,007 (+202%), from €4,965 to €14,972
- Taxes +€6,917
up €6,917 (+11.0%), from €62,946 to €69,863
- Financial charges -€3,153
down €3,153 (-21.7%), from €14,555 to €11,403
of which Financial charges: -€1,903
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 | €2,195,305 | €2,286,308 | +€91,003 | +4.1% |
| Fixed assets | 21/28 | €729,554 | €684,885 | -€44,669 | -6.1% |
| Tangible fixed assets | 22/27 | €673,149 | €628,481 | -€44,669 | -6.6% |
| Land and buildings | 22 | €639,869 | €601,867 | -€38,003 | -5.9% |
| Furniture and vehicles | 24 | €33,280 | €26,614 | -€6,666 | -20.0% |
| Financial fixed assets | 28 | €56,405 | €56,405 | = | 0.0% |
| Current assets | 29/58 | €1,465,752 | €1,601,423 | +€135,672 | +9.3% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade receivables | 290 | €1,000,000 | - | -€1.0m | |
| Other amounts receivable | 291 | - | €1,000,000 | +€1.0m | |
| Amounts receivable within one year | 40/41 | €122,522 | €227,134 | +€104,612 | +85.4% |
| Trade receivables | 40 | €3,191 | €6,199 | +€3,008 | +94.3% |
| Other amounts receivable | 41 | €119,331 | €220,936 | +€101,604 | +85.1% |
| Current investments | 50/53 | €309,868 | €279,539 | -€30,329 | -9.8% |
| Cash at bank and in hand | 54/58 | €28,907 | €62,179 | +€33,271 | +115% |
| Deferred charges and accrued income | 490/1 | €4,455 | €32,571 | +€28,116 | +631% |
| Total equity and liabilities | 10/49 | €2,195,305 | €2,286,308 | +€91,003 | +4.1% |
| Equity | 10/15 | €1,495,001 | €1,641,693 | +€146,691 | +9.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €1,494,501 | €1,641,193 | +€146,691 | +9.8% |
| Distributable reserves | 133 | €1,494,501 | €1,641,193 | +€146,691 | +9.8% |
| Amounts payable | 17/49 | €700,304 | €644,615 | -€55,689 | -8.0% |
| Amounts payable after more than one year | 17 | €575,507 | €528,933 | -€46,574 | -8.1% |
| Financial debts | 170/4 | €575,507 | €528,933 | -€46,574 | -8.1% |
| Amounts payable within one year | 42/48 | €119,997 | €110,883 | -€9,114 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €45,894 | €46,574 | +€680 | +1.5% |
| Financial debts | 43 | €41,170 | €41,392 | +€222 | +0.5% |
| Credit institutions | 430/8 | €41,170 | €41,392 | +€222 | +0.5% |
| Trade debts | 44 | €28,617 | €16,598 | -€12,019 | -42.0% |
| Suppliers | 440/4 | €28,617 | €16,598 | -€12,019 | -42.0% |
| Taxes, remuneration and social security | 45 | €4,316 | €6,318 | +€2,003 | +46.4% |
| Taxes | 450/3 | €4,316 | €6,318 | +€2,003 | +46.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,800 | €4,800 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,691 | €45,695 | +€2,004 | +4.6% |
| Other operating charges | 640/8 | €4,965 | €14,972 | +€10,007 | +202% |
| Gross operating margin | 9900 | €231,857 | €257,263 | +€25,406 | +11.0% |
| Operating profit (loss) | 9901 | €183,201 | €196,595 | +€13,395 | +7.3% |
| Financial income | 75/76B | €18,344 | €31,362 | +€13,018 | +71.0% |
| Recurring financial income | 75 | €18,344 | €31,362 | +€13,018 | +71.0% |
| Financial charges | 65/66B | €14,555 | €11,403 | -€3,153 | -21.7% |
| Recurring financial charges | 65 | €13,305 | €11,403 | -€1,903 | -14.3% |
| Non-recurring financial charges | 66B | €1,250 | €0 | -€1,250 | -100% |
| Profit (loss) for the period before taxes | 9903 | €186,989 | €216,555 | +€29,565 | +15.8% |
| Income taxes | 67/77 | €62,946 | €69,863 | +€6,917 | +11.0% |
| Profit (loss) for the period | 9904 | €124,043 | €146,691 | +€22,648 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €124,043 | €146,691 | +€22,648 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.