RETAIL MANAGEMENT SUPPORT: 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 MANAGEMENT SUPPORT
Largest movements
- Cash +€43,802
up €43,802 (+61.1%), from €71,686 to €115,488
mainly Other debts (+€103,410) and Net result for the year (+€92,440)
- Current investments +€25,389
up €25,389 (+50.7%), from €50,042 to €75,430
- Receivables within one year -€12,133
down €12,133 (-64.5%), from €18,801 to €6,668
of which Trade receivables: -€17,990
- Tangible fixed assets +€3,552
up €3,552 (+131.6%), from €2,698 to €6,250
of which Furniture and vehicles: +€2,858
- Other debts +€103,410
up €103,410 (+21168.1%), from €489 to €103,899
- Profit (loss) carried forward -€31,733
down €31,733 (-25.6%), from €124,173 to €92,440
- Tax, wage and social debts -€9,579
down €9,579 (-69.5%), from €13,776 to €4,197
of which Taxes: -€8,470
- Gross operating margin -€42,011
down €42,011 (-24.9%), from €168,605 to €126,595
- Taxes -€10,669
down €10,669 (-25.1%), from €42,478 to €31,809
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 | €145,832 | €206,661 | +€60,829 | +41.7% |
| Fixed assets | 21/28 | €2,698 | €6,250 | +€3,552 | +131.6% |
| Tangible fixed assets | 22/27 | €2,698 | €6,250 | +€3,552 | +131.6% |
| Land and buildings | 22 | €891 | €742 | -€149 | -16.7% |
| Plant, machinery and equipment | 23 | - | €842 | +€842 | |
| Furniture and vehicles | 24 | €1,807 | €4,666 | +€2,858 | +158.1% |
| Current assets | 29/58 | €143,134 | €200,411 | +€57,277 | +40.0% |
| Amounts receivable within one year | 40/41 | €18,801 | €6,668 | -€12,133 | -64.5% |
| Trade receivables | 40 | €18,747 | €756 | -€17,990 | -96.0% |
| Other amounts receivable | 41 | €54 | €5,912 | +€5,858 | +10839.4% |
| Current investments | 50/53 | €50,042 | €75,430 | +€25,389 | +50.7% |
| Cash at bank and in hand | 54/58 | €71,686 | €115,488 | +€43,802 | +61.1% |
| Deferred charges and accrued income | 490/1 | €2,605 | €2,825 | +€219 | +8.4% |
| Total equity and liabilities | 10/49 | €145,832 | €206,661 | +€60,829 | +41.7% |
| Equity | 10/15 | €129,173 | €97,440 | -€31,733 | -24.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,173 | €92,440 | -€31,733 | -25.6% |
| Amounts payable | 17/49 | €16,659 | €109,221 | +€92,562 | +555.6% |
| Amounts payable within one year | 42/48 | €16,071 | €109,199 | +€93,128 | +579.5% |
| Trade debts | 44 | €1,807 | €1,104 | -€703 | -38.9% |
| Suppliers | 440/4 | €1,807 | €1,104 | -€703 | -38.9% |
| Taxes, remuneration and social security | 45 | €13,776 | €4,197 | -€9,579 | -69.5% |
| Taxes | 450/3 | €12,667 | €4,197 | -€8,470 | -66.9% |
| Remuneration and social security | 454/9 | €1,109 | - | -€1,109 | |
| Other amounts payable | 47/48 | €489 | €103,899 | +€103,410 | +21168.1% |
| Accrued charges and deferred income | 492/3 | €588 | €22 | -€566 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,044 | €942 | -€102 | -9.8% |
| Other operating charges | 640/8 | €387 | €526 | +€139 | +35.8% |
| Non-recurring operating charges | 66A | €275 | €381 | +€106 | +38.6% |
| Gross operating margin | 9900 | €168,605 | €126,595 | -€42,011 | -24.9% |
| Operating profit (loss) | 9901 | €166,899 | €124,746 | -€42,153 | -25.3% |
| Financial income | 75/76B | €1,438 | €555 | -€883 | -61.4% |
| Recurring financial income | 75 | €1,438 | €555 | -€883 | -61.4% |
| Financial charges | 65/66B | €1,686 | €1,052 | -€634 | -37.6% |
| Recurring financial charges | 65 | €1,686 | €1,052 | -€634 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €166,651 | €124,249 | -€42,402 | -25.4% |
| Income taxes | 67/77 | €42,478 | €31,809 | -€10,669 | -25.1% |
| Profit (loss) for the period | 9904 | €124,173 | €92,440 | -€31,733 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,173 | €92,440 | -€31,733 | -25.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.