RETAIL & PROMOTION MANAGEMENT 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 & PROMOTION MANAGEMENT SERVICES
Largest movements
- Cash -€10,391
down €10,391 (-97.8%), from €10,620 to €229
mainly Trade debts (-€6,382) and Receivables within one year (-€4,987)
- Receivables within one year +€4,987
up €4,987 (+2.0%), from €246,802 to €251,789
of which Other amounts receivable: +€4,987
- Trade debts -€6,382
down €6,382 (-28.1%), from €22,676 to €16,294
- Debts after one year +€4,212
up €4,212 (+0.5%), from €781,486 to €785,698
- Profit (loss) carried forward -€3,234
down €3,234 (-0.3%), from -€1.1m to -€1.1m
- Gross operating margin -€852,224
down €852,224, from €850,171 to -€2,052
- Write-downs -€469,180
no longer reported in 2025 (was €469,180)
- Financial charges -€17,770
down €17,770 (-98.8%), from €17,985 to €214
- Other operating charges -€13,546
down €13,546 (-93.3%), from €14,514 to €968
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 | €258,550 | €252,738 | -€5,812 | -2.2% |
| Fixed assets | 21/28 | €1,128 | €720 | -€408 | -36.2% |
| Tangible fixed assets | 22/27 | €408 | - | -€408 | |
| Furniture and vehicles | 24 | €408 | - | -€408 | |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €257,422 | €252,018 | -€5,404 | -2.1% |
| Amounts receivable within one year | 40/41 | €246,802 | €251,789 | +€4,987 | +2.0% |
| Trade receivables | 40 | €190,701 | €190,701 | = | 0.0% |
| Other amounts receivable | 41 | €56,101 | €61,088 | +€4,987 | +8.9% |
| Cash at bank and in hand | 54/58 | €10,620 | €229 | -€10,391 | -97.8% |
| Total equity and liabilities | 10/49 | €258,550 | €252,738 | -€5,812 | -2.2% |
| Equity | 10/15 | -€635,696 | -€639,236 | -€3,540 | -0.6% |
| Contributions | 10/11 | €466,000 | €466,000 | = | 0.0% |
| Capital | 10 | €466,000 | €466,000 | = | 0.0% |
| Issued capital | 100 | €466,000 | €466,000 | = | 0.0% |
| Reserves | 13 | €8,293 | €7,987 | -€306 | -3.7% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,293 | €987 | -€306 | -23.7% |
| Profit (loss) carried forward | 14 | -€1,109,988 | -€1,113,223 | -€3,234 | -0.3% |
| Provisions and deferred taxes | 16 | €434 | €332 | -€102 | -23.5% |
| Deferred taxes | 168 | €434 | €332 | -€102 | -23.5% |
| Amounts payable | 17/49 | €893,811 | €891,642 | -€2,170 | -0.2% |
| Amounts payable after more than one year | 17 | €781,486 | €785,698 | +€4,212 | +0.5% |
| Other amounts payable | 178/9 | €781,486 | €785,698 | +€4,212 | +0.5% |
| Amounts payable within one year | 42/48 | €87,772 | €81,390 | -€6,382 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €65,000 | €65,000 | = | 0.0% |
| Financial debts | 43 | €97 | €97 | = | 0.0% |
| Credit institutions | 430/8 | €97 | €97 | = | 0.0% |
| Trade debts | 44 | €22,676 | €16,294 | -€6,382 | -28.1% |
| Suppliers | 440/4 | €22,676 | €16,294 | -€6,382 | -28.1% |
| Accrued charges and deferred income | 492/3 | €24,553 | €24,553 | = | 0.0% |
| Turnover | 70 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €408 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €469,180 | - | -€469,180 | |
| Other operating charges | 640/8 | €14,514 | €968 | -€13,546 | -93.3% |
| Non-recurring operating charges | 66A | €64,529 | - | -€64,529 | |
| Gross operating margin | 9900 | €850,171 | -€2,052 | -€852,224 | |
| Operating profit (loss) | 9901 | €301,540 | -€3,428 | -€304,968 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €17,985 | €214 | -€17,770 | -98.8% |
| Recurring financial charges | 65 | €17,985 | €214 | -€17,770 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €283,555 | -€3,642 | -€287,197 | |
| Transfer from deferred taxes | 780 | €520 | €102 | -€418 | -80.4% |
| Profit (loss) for the period | 9904 | €284,076 | -€3,540 | -€287,616 | |
| Transfer from tax-exempt reserves | 789 | - | €306 | +€306 | |
| Profit (loss) for the period to be appropriated | 9905 | €284,076 | -€3,234 | -€287,310 |
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 31 October 2026 via checked.be.