RETAIL MANAGEMENT CONSULTING & SERVICES: what changed
RETAIL MANAGEMENT CONSULTING & SERVICES
Largest movements
- Cash -€24,362
down €24,362 (-26.5%), from €91,780 to €67,418
mainly Trade debts (-€16,503) and Contributions, distributions and other (-€12,321)
- Receivables within one year -€8,840
down €8,840 (-23.3%), from €37,984 to €29,144
of which Other amounts receivable: -€6,408
- Trade debts -€16,503
down €16,503 (-86.9%), from €18,983 to €2,480
- Tax, wage and social debts -€7,479
down €7,479 (-32.4%), from €23,066 to €15,587
of which Remuneration and social security: -€8,000
- Other debts -€4,463
down €4,463 (-37.5%), from €11,892 to €7,429
- Reserves -€2,700
down €2,700 (-1.4%), from €188,333 to €185,633
- Gross operating margin -€48,789
down €48,789 (-77.6%), from €62,904 to €14,115
- Taxes -€10,484
down €10,484 (-72.1%), from €14,532 to €4,048
- Financial charges -€1,418
down €1,418 (-75.4%), from €1,881 to €462
- Depreciation -€821
down €821 (-77.2%), from €1,063 to €242
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,048 | €184,045 | -€32,003 | -14.8% |
| Fixed assets | 21/28 | €15,000 | €16,200 | +€1,200 | +8.0% |
| Tangible fixed assets | 22/27 | €15,000 | €16,200 | +€1,200 | +8.0% |
| Furniture and vehicles | 24 | €15,000 | €16,200 | +€1,200 | +8.0% |
| Current assets | 29/58 | €201,048 | €167,845 | -€33,203 | -16.5% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,984 | €29,144 | -€8,840 | -23.3% |
| Trade receivables | 40 | €27,947 | €25,515 | -€2,433 | -8.7% |
| Other amounts receivable | 41 | €10,037 | €3,629 | -€6,408 | -63.8% |
| Cash at bank and in hand | 54/58 | €91,780 | €67,418 | -€24,362 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,283 | €1,283 | = | 0.0% |
| Total equity and liabilities | 10/49 | €216,048 | €184,045 | -€32,003 | -14.8% |
| Equity | 10/15 | €161,040 | €158,340 | -€2,700 | -1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €188,333 | €185,633 | -€2,700 | -1.4% |
| Distributable reserves | 133 | €188,333 | €185,633 | -€2,700 | -1.4% |
| Profit (loss) carried forward | 14 | -€39,693 | -€39,693 | = | 0.0% |
| Amounts payable | 17/49 | €55,007 | €25,705 | -€29,303 | -53.3% |
| Amounts payable within one year | 42/48 | €53,941 | €25,496 | -€28,445 | -52.7% |
| Trade debts | 44 | €18,983 | €2,480 | -€16,503 | -86.9% |
| Suppliers | 440/4 | €18,983 | €2,480 | -€16,503 | -86.9% |
| Taxes, remuneration and social security | 45 | €23,066 | €15,587 | -€7,479 | -32.4% |
| Taxes | 450/3 | €15,066 | €15,587 | +€521 | +3.5% |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Other amounts payable | 47/48 | €11,892 | €7,429 | -€4,463 | -37.5% |
| Accrued charges and deferred income | 492/3 | €1,067 | €209 | -€858 | -80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €242 | -€821 | -77.2% |
| Other operating charges | 640/8 | €691 | €1,026 | +€334 | +48.3% |
| Gross operating margin | 9900 | €62,904 | €14,115 | -€48,789 | -77.6% |
| Operating profit (loss) | 9901 | €61,149 | €12,847 | -€48,302 | -79.0% |
| Financial income | 75/76B | €1,283 | €1,283 | +€0 | 0.0% |
| Recurring financial income | 75 | €1,283 | €1,283 | +€0 | 0.0% |
| Financial charges | 65/66B | €1,881 | €462 | -€1,418 | -75.4% |
| Recurring financial charges | 65 | €1,881 | €462 | -€1,418 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €60,552 | €13,668 | -€46,883 | -77.4% |
| Income taxes | 67/77 | €14,532 | €4,048 | -€10,484 | -72.1% |
| Profit (loss) for the period | 9904 | €46,019 | €9,620 | -€36,399 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,019 | €9,620 | -€36,399 | -79.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.