Retail Solutions Management: 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 Solutions Management
Largest movements
- Receivables within one year -€45,588
down €45,588 (-30.8%), from €147,983 to €102,395
of which Trade receivables: -€46,028
- Cash -€5,759
down €5,759 (-94.9%), from €6,067 to €308
mainly Other debts (-€38,105) and Tax, wage and social debts (-€10,671)
- Other debts -€38,105
down €38,105 (-31.9%), from €119,514 to €81,409
- Tax, wage and social debts -€10,671
down €10,671 (-44.0%), from €24,230 to €13,559
- Trade debts -€4,537
down €4,537 (-12.0%), from €37,812 to €33,275
- Gross operating margin -€55,128
down €55,128 (-95.1%), from €57,985 to €2,857
- Taxes -€12,397
down €12,397 (-95.9%), from €12,928 to €531
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 | €157,413 | €105,243 | -€52,170 | -33.1% |
| Current assets | 29/58 | €157,413 | €105,243 | -€52,170 | -33.1% |
| Stocks and contracts in progress | 3 | €2,540 | €2,540 | = | 0.0% |
| Stocks | 30/36 | €2,540 | €2,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €147,983 | €102,395 | -€45,588 | -30.8% |
| Trade receivables | 40 | €147,983 | €101,955 | -€46,028 | -31.1% |
| Other amounts receivable | 41 | - | €440 | +€440 | |
| Cash at bank and in hand | 54/58 | €6,067 | €308 | -€5,759 | -94.9% |
| Deferred charges and accrued income | 490/1 | €823 | - | -€823 | |
| Total equity and liabilities | 10/49 | €157,413 | €105,243 | -€52,170 | -33.1% |
| Equity | 10/15 | -€24,143 | -€23,000 | +€1,143 | +4.7% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €9,916 | €9,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,216 | -€132,073 | +€1,143 | +0.9% |
| Amounts payable | 17/49 | €181,556 | €128,243 | -€53,313 | -29.4% |
| Amounts payable within one year | 42/48 | €181,556 | €128,243 | -€53,313 | -29.4% |
| Trade debts | 44 | €37,812 | €33,275 | -€4,537 | -12.0% |
| Suppliers | 440/4 | €37,812 | €33,275 | -€4,537 | -12.0% |
| Taxes, remuneration and social security | 45 | €24,230 | €13,559 | -€10,671 | -44.0% |
| Taxes | 450/3 | €24,230 | €13,559 | -€10,671 | -44.0% |
| Other amounts payable | 47/48 | €119,514 | €81,409 | -€38,105 | -31.9% |
| Other operating charges | 640/8 | €587 | €1,113 | +€526 | +89.6% |
| Gross operating margin | 9900 | €57,985 | €2,857 | -€55,128 | -95.1% |
| Operating profit (loss) | 9901 | €57,398 | €1,744 | -€55,654 | -97.0% |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | €57,398 | €1,674 | -€55,724 | -97.1% |
| Income taxes | 67/77 | €12,928 | €531 | -€12,397 | -95.9% |
| Profit (loss) for the period | 9904 | €44,470 | €1,143 | -€43,327 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,470 | €1,143 | -€43,327 | -97.4% |
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 1 November 2026 via checked.be.