RETAIL GUST: 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 GUST
Largest movements
- Tangible fixed assets -€58,073
down €58,073 (-25.3%), from €229,220 to €171,148
of which Plant, machinery and equipment: -€57,282
- Cash +€18,408
up €18,408 (+46.6%), from €39,536 to €57,945
mainly Depreciation (+€55,105) and Trade debts (+€34,922)
- Receivables within one year +€13,331
up €13,331 (+76.4%), from €17,458 to €30,789
of which Other amounts receivable: +€24,219
- Deferred charges and accrued income +€7,627
up €7,627 (+1403.4%), from €543 to €8,170
- Debts after one year -€50,345
down €50,345 (-29.6%), from €169,920 to €119,575
- Trade debts +€34,922
up €34,922 (+13.3%), from €263,460 to €298,382
- Profit (loss) carried forward +€21,338
up €21,338 (+7.4%), from -€288,112 to -€266,774
- Other debts -€15,414
down €15,414 (-97.1%), from €15,870 to €457
- Current portion of long-term debt -€9,610
down €9,610 (-16.0%), from €59,954 to €50,345
- Gross operating margin +€51,946
up €51,946 (+30.6%), from €169,568 to €221,514
- Financial charges +€4,800
up €4,800 (+32.7%), from €14,664 to €19,465
- Staff costs -€2,787
down €2,787 (-2.2%), from €127,572 to €124,785
- Depreciation +€2,718
up €2,718 (+5.2%), from €52,387 to €55,105
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 | €348,946 | €333,699 | -€15,247 | -4.4% |
| Fixed assets | 21/28 | €229,220 | €171,148 | -€58,073 | -25.3% |
| Tangible fixed assets | 22/27 | €229,220 | €171,148 | -€58,073 | -25.3% |
| Plant, machinery and equipment | 23 | €226,512 | €169,230 | -€57,282 | -25.3% |
| Furniture and vehicles | 24 | €2,708 | €1,918 | -€790 | -29.2% |
| Current assets | 29/58 | €119,725 | €162,551 | +€42,825 | +35.8% |
| Stocks and contracts in progress | 3 | €62,188 | €65,646 | +€3,459 | +5.6% |
| Stocks | 30/36 | €62,188 | €65,646 | +€3,459 | +5.6% |
| Amounts receivable within one year | 40/41 | €17,458 | €30,789 | +€13,331 | +76.4% |
| Trade receivables | 40 | €11,076 | €188 | -€10,888 | -98.3% |
| Other amounts receivable | 41 | €6,382 | €30,602 | +€24,219 | +379.5% |
| Cash at bank and in hand | 54/58 | €39,536 | €57,945 | +€18,408 | +46.6% |
| Deferred charges and accrued income | 490/1 | €543 | €8,170 | +€7,627 | +1403.4% |
| Total equity and liabilities | 10/49 | €348,946 | €333,699 | -€15,247 | -4.4% |
| Equity | 10/15 | -€188,112 | -€166,774 | +€21,338 | +11.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,112 | -€266,774 | +€21,338 | +7.4% |
| Amounts payable | 17/49 | €537,058 | €500,473 | -€36,585 | -6.8% |
| Amounts payable after more than one year | 17 | €169,920 | €119,575 | -€50,345 | -29.6% |
| Financial debts | 170/4 | €169,920 | €119,575 | -€50,345 | -29.6% |
| Amounts payable within one year | 42/48 | €367,138 | €380,898 | +€13,759 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €59,954 | €50,345 | -€9,610 | -16.0% |
| Trade debts | 44 | €263,460 | €298,382 | +€34,922 | +13.3% |
| Suppliers | 440/4 | €263,460 | €298,382 | +€34,922 | +13.3% |
| Taxes, remuneration and social security | 45 | €27,854 | €31,714 | +€3,861 | +13.9% |
| Taxes | 450/3 | €1,545 | €1,739 | +€194 | +12.5% |
| Remuneration and social security | 454/9 | €26,309 | €29,975 | +€3,667 | +13.9% |
| Other amounts payable | 47/48 | €15,870 | €457 | -€15,414 | -97.1% |
| Non-recurring operating income | 76A | €967 | €12,343 | +€11,376 | +1176.5% |
| Remuneration, social security and pensions | 62 | €127,572 | €124,785 | -€2,787 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,387 | €55,105 | +€2,718 | +5.2% |
| Other operating charges | 640/8 | €744 | €1,134 | +€390 | +52.4% |
| Gross operating margin | 9900 | €169,568 | €221,514 | +€51,946 | +30.6% |
| Operating profit (loss) | 9901 | -€11,135 | €40,491 | +€51,626 | |
| Financial income | 75/76B | €171 | €312 | +€141 | +82.6% |
| Recurring financial income | 75 | €171 | €312 | +€141 | +82.6% |
| Financial charges | 65/66B | €14,664 | €19,465 | +€4,800 | +32.7% |
| Recurring financial charges | 65 | €14,664 | €19,465 | +€4,800 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,628 | €21,338 | +€46,966 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€25,628 | €21,338 | +€46,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,628 | €21,338 | +€46,966 |
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 12 October 2026 via checked.be.