Retail Properties: 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 Properties
Largest movements
- Receivables after one year -€6,486
down €6,486 (-100.0%), from €6,486 to €0
- Cash -€2,414
down €2,414 (-92.1%), from €2,620 to €206
mainly Net result for the year (-€12,405) and Trade debts (-€309)
- Profit (loss) carried forward -€12,405
down €12,405 (-91.1%), from -€13,624 to -€26,030
- Debts after one year +€3,814
new in 2025: €3,814
- Trade debts -€309
down €309 (-11.3%), from €2,731 to €2,422
- Financial income -€2,750
down €2,750 (-100.0%), from €2,750 to €0
- Gross operating margin -€2,015
down €2,015 (-21.1%), from -€9,570 to -€11,585
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 | €9,107 | €206 | -€8,901 | -97.7% |
| Current assets | 29/58 | €9,107 | €206 | -€8,901 | -97.7% |
| Amounts receivable after more than one year | 29 | €6,486 | €0 | -€6,486 | -100.0% |
| Other amounts receivable | 291 | €6,486 | €0 | -€6,486 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,620 | €206 | -€2,414 | -92.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €9,107 | €206 | -€8,901 | -97.7% |
| Equity | 10/15 | €6,376 | -€6,030 | -€12,405 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,624 | -€26,030 | -€12,405 | -91.1% |
| Amounts payable | 17/49 | €2,731 | €6,235 | +€3,505 | +128.3% |
| Amounts payable after more than one year | 17 | - | €3,814 | +€3,814 | |
| Other amounts payable | 178/9 | - | €3,814 | +€3,814 | |
| Amounts payable within one year | 42/48 | €2,731 | €2,422 | -€309 | -11.3% |
| Trade debts | 44 | €2,731 | €2,422 | -€309 | -11.3% |
| Suppliers | 440/4 | €2,731 | €2,422 | -€309 | -11.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €499 | €600 | +€100 | +20.1% |
| Gross operating margin | 9900 | -€9,570 | -€11,585 | -€2,015 | -21.1% |
| Operating profit (loss) | 9901 | -€10,069 | -€12,184 | -€2,115 | -21.0% |
| Financial income | 75/76B | €2,750 | €0 | -€2,750 | -100.0% |
| Recurring financial income | 75 | €2,750 | €0 | -€2,750 | -100.0% |
| Financial charges | 65/66B | €216 | €221 | +€5 | +2.5% |
| Recurring financial charges | 65 | €216 | €221 | +€5 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,535 | -€12,405 | -€4,871 | -64.6% |
| Profit (loss) for the period | 9904 | -€7,535 | -€12,405 | -€4,871 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,535 | -€12,405 | -€4,871 | -64.6% |
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 8 October 2026 via checked.be.