RETAIL SUPPORT GROUP: 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.
What changed
RETAIL SUPPORT GROUP
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,706
2024 · €15,698+€2,008
Equity
€2.0m
2024 · €2.0m+€17,706
Cash
€1.6m
2024 · €343,703+€1.2m
Balance sheet total
€4.0m
2024 · €5.2m-€1.2m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-52.1%), from €4.7m to €2.2m
- Cash +€1.2m
up €1.2m (+357%), from €343,703 to €1.6m
mainly Receivables within one year (+€2.4m) and Depreciation (+€79,265)
- Intangible fixed assets -€75,000
down €75,000 (-43.8%), from €171,370 to €96,370
Equity and liabilities
- Other debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Trade debts -€52,716
down €52,716 (-2.9%), from €1.8m to €1.8m
Income statement
- Turnover +€1.3m
up €1.3m (+3.7%), from €34.0m to €35.3m
- Goods and materials +€1.2m
up €1.2m (+3.6%), from €33.2m to €34.4m
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.
Result 2024
€15,698
Turnover
+€1.3m
Other operating income
-€11,028
Goods and materials
-€1.2m
Services and other goods
-€24,085
Staff costs
-€9,344
Depreciation
-€4,265
Write-downs
+€22,033
Other operating charges
-€10,194
Financial income
-€35,965
Financial charges
+€13,611
Taxes
-€1,385
Result 2025
€17,706
raises the resultlowers the result
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.
From operations
+€1.2m
Investment
-€51,177
Financing
+€44,881
Cash 2024
€343,703
From operations (derived)
+€1.2m
Net result for the year
+€17,706
Depreciation
+€79,265
Receivables within one year
+€2.4m
Deferred charges and accrued income
+€673
Trade debts
-€52,716
Tax, wage and social debts
-€45,624
Other debts
-€1.2m
Accrued charges and deferred income
-€13,773
Investment (derived)
-€51,177
Investment in fixed assets (net)
-€51,177
Financing
+€44,881
Debts after one year
+€36,127
Current portion of long-term debt
+€8,753
Cash 2025
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,214,983 | €3,981,269 | -€1.2m | -23.7% |
| Fixed assets | 21/28 | €204,300 | €176,212 | -€28,088 | -13.7% |
| Intangible fixed assets | 21 | €171,370 | €96,370 | -€75,000 | -43.8% |
| Tangible fixed assets | 22/27 | - | €46,912 | +€46,912 | |
| Furniture and vehicles | 24 | - | €46,912 | +€46,912 | |
| Financial fixed assets | 28 | €32,930 | €32,930 | = | 0.0% |
| Affiliated companies | 280/1 | €32,930 | €32,930 | = | 0.0% |
| Participating interests | 280 | €32,930 | €32,930 | = | 0.0% |
| Current assets | 29/58 | €5,010,683 | €3,805,056 | -€1.2m | -24.1% |
| Amounts receivable within one year | 40/41 | €4,664,914 | €2,233,217 | -€2.4m | -52.1% |
| Trade receivables | 40 | €4,664,914 | €2,233,217 | -€2.4m | -52.1% |
| Cash at bank and in hand | 54/58 | €343,703 | €1,570,446 | +€1.2m | +357% |
| Deferred charges and accrued income | 490/1 | €2,066 | €1,393 | -€673 | -32.6% |
| Total equity and liabilities | 10/49 | €5,214,983 | €3,981,269 | -€1.2m | -23.7% |
| Equity | 10/15 | €1,993,496 | €2,011,202 | +€17,706 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,972,921 | €1,990,627 | +€17,706 | +0.9% |
| Amounts payable | 17/49 | €3,221,487 | €1,970,066 | -€1.3m | -38.8% |
| Amounts payable after more than one year | 17 | - | €36,127 | +€36,127 | |
| Financial debts | 170/4 | - | €36,127 | +€36,127 | |
| Credit institutions | 173 | - | €36,127 | +€36,127 | |
| Amounts payable within one year | 42/48 | €3,157,714 | €1,883,939 | -€1.3m | -40.3% |
| Current portion of amounts payable after more than one year | 42 | - | €8,753 | +€8,753 | |
| Trade debts | 44 | €1,842,961 | €1,790,246 | -€52,716 | -2.9% |
| Suppliers | 440/4 | €1,842,961 | €1,790,246 | -€52,716 | -2.9% |
| Taxes, remuneration and social security | 45 | €130,564 | €84,940 | -€45,624 | -34.9% |
| Taxes | 450/3 | €91,950 | €52,940 | -€39,009 | -42.4% |
| Remuneration and social security | 454/9 | €38,614 | €32,000 | -€6,615 | -17.1% |
| Other amounts payable | 47/48 | €1,184,188 | - | -€1.2m | |
| Accrued charges and deferred income | 492/3 | €63,773 | €50,000 | -€13,773 | -21.6% |
| Operating income | 70/76A | €34,699,569 | €35,957,903 | +€1.3m | +3.6% |
| Turnover | 70 | €34,041,283 | €35,310,645 | +€1.3m | +3.7% |
| Other operating income | 74 | €658,286 | €647,258 | -€11,028 | -1.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €34,688,168 | €35,920,756 | +€1.2m | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €33,204,449 | €34,411,183 | +€1.2m | +3.6% |
| Purchases | 600/8 | €33,204,449 | €34,411,183 | +€1.2m | +3.6% |
| Services and other goods | 61 | €1,031,512 | €1,055,597 | +€24,085 | +2.3% |
| Remuneration, social security and pensions | 62 | €342,385 | €351,729 | +€9,344 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,000 | €79,265 | +€4,265 | +5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,206 | €11,173 | -€22,033 | -66.4% |
| Other operating charges | 640/8 | €1,616 | €11,810 | +€10,194 | +631% |
| Operating profit (loss) | 9901 | €11,400 | €37,147 | +€25,747 | +226% |
| Financial income | 75/76B | €36,085 | €120 | -€35,965 | -99.7% |
| Recurring financial income | 75 | €36,085 | €120 | -€35,965 | -99.7% |
| Income from current assets | 751 | €35,323 | €120 | -€35,203 | -99.7% |
| Other financial income | 752/9 | €762 | - | -€762 | |
| Financial charges | 65/66B | €20,872 | €7,261 | -€13,611 | -65.2% |
| Recurring financial charges | 65 | €20,872 | €7,261 | -€13,611 | -65.2% |
| Debt charges | 650 | €15,979 | €322 | -€15,657 | -98.0% |
| Other financial charges | 652/9 | €4,893 | €6,939 | +€2,046 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | €26,613 | €30,006 | +€3,393 | +12.8% |
| Income taxes | 67/77 | €10,914 | €12,300 | +€1,385 | +12.7% |
| Taxes | 670/3 | €10,914 | €12,300 | +€1,385 | +12.7% |
| Profit (loss) for the period | 9904 | €15,698 | €17,706 | +€2,008 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,698 | €17,706 | +€2,008 | +12.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.