RETAIL SOFT: 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 SOFT
Largest movements
- Cash +€66,873
up €66,873 (+174.8%), from €38,266 to €105,139
mainly Depreciation (+€33,236) and Current investments (+€25,000)
- Tangible fixed assets -€33,236
down €33,236 (-37.0%), from €89,861 to €56,625
- Current investments -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Receivables within one year -€8,168
down €8,168 (-9.6%), from €85,181 to €77,013
of which Trade receivables: -€8,496
- Reserves +€7,696
up €7,696 (+6.3%), from €121,968 to €129,664
of which Distributable reserves: +€7,696
- Trade debts +€7,444
up €7,444 (+48.2%), from €15,448 to €22,892
- Debts after one year -€6,290
down €6,290 (-59.4%), from €10,593 to €4,304
- Current portion of long-term debt -€4,785
down €4,785 (-43.2%), from €11,075 to €6,290
- Tax, wage and social debts -€3,011
down €3,011 (-3.5%), from €85,987 to €82,976
of which Remuneration and social security: -€7,071
- Gross operating margin +€13,174
up €13,174 (+4.5%), from €291,340 to €304,514
- Staff costs +€11,969
up €11,969 (+4.9%), from €245,381 to €257,350
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 | €265,078 | €266,126 | +€1,048 | +0.4% |
| Fixed assets | 21/28 | €89,861 | €56,625 | -€33,236 | -37.0% |
| Tangible fixed assets | 22/27 | €89,861 | €56,625 | -€33,236 | -37.0% |
| Furniture and vehicles | 24 | €89,861 | €56,625 | -€33,236 | -37.0% |
| Current assets | 29/58 | €175,217 | €209,501 | +€34,284 | +19.6% |
| Amounts receivable within one year | 40/41 | €85,181 | €77,013 | -€8,168 | -9.6% |
| Trade receivables | 40 | €85,181 | €76,685 | -€8,496 | -10.0% |
| Other amounts receivable | 41 | €0 | €328 | +€328 | |
| Current investments | 50/53 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €38,266 | €105,139 | +€66,873 | +174.8% |
| Deferred charges and accrued income | 490/1 | €1,770 | €2,349 | +€579 | +32.7% |
| Total equity and liabilities | 10/49 | €265,078 | €266,126 | +€1,048 | +0.4% |
| Equity | 10/15 | €141,968 | €149,664 | +€7,696 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €121,968 | €129,664 | +€7,696 | +6.3% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Own shares acquired | 1312 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €96,968 | €104,664 | +€7,696 | +7.9% |
| Amounts payable | 17/49 | €123,110 | €116,462 | -€6,648 | -5.4% |
| Amounts payable after more than one year | 17 | €10,593 | €4,304 | -€6,290 | -59.4% |
| Financial debts | 170/4 | €10,593 | €4,304 | -€6,290 | -59.4% |
| Amounts payable within one year | 42/48 | €112,511 | €112,158 | -€353 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €11,075 | €6,290 | -€4,785 | -43.2% |
| Trade debts | 44 | €15,448 | €22,892 | +€7,444 | +48.2% |
| Suppliers | 440/4 | €15,448 | €22,892 | +€7,444 | +48.2% |
| Taxes, remuneration and social security | 45 | €85,987 | €82,976 | -€3,011 | -3.5% |
| Taxes | 450/3 | €31,257 | €35,317 | +€4,060 | +13.0% |
| Remuneration and social security | 454/9 | €54,731 | €47,659 | -€7,071 | -12.9% |
| Accrued charges and deferred income | 492/3 | €6 | €0 | -€6 | -100.0% |
| Remuneration, social security and pensions | 62 | €245,381 | €257,350 | +€11,969 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,851 | €33,236 | +€2,385 | +7.7% |
| Other operating charges | 640/8 | €1,144 | €1,121 | -€23 | -2.0% |
| Gross operating margin | 9900 | €291,340 | €304,514 | +€13,174 | +4.5% |
| Operating profit (loss) | 9901 | €13,964 | €12,807 | -€1,157 | -8.3% |
| Financial income | 75/76B | €444 | €484 | +€40 | +9.0% |
| Recurring financial income | 75 | €444 | €484 | +€40 | +9.0% |
| Financial charges | 65/66B | €1,034 | €766 | -€268 | -25.9% |
| Recurring financial charges | 65 | €1,034 | €766 | -€268 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €13,374 | €12,525 | -€849 | -6.3% |
| Income taxes | 67/77 | €5,668 | €4,829 | -€838 | -14.8% |
| Profit (loss) for the period | 9904 | €7,706 | €7,696 | -€10 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,706 | €7,696 | -€10 | -0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.