RETAIL TYCOON: 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 TYCOON
Largest movements
- Receivables within one year +€534,726
new in 2025: €534,726
of which Other amounts receivable: +€381,958
- Tangible fixed assets +€152,040
up €152,040 (+227%), from €66,996 to €219,036
of which Other tangible fixed assets: +€100,984
- Cash +€99,898
up €99,898 (+24.8%), from €403,141 to €503,038
mainly Net result for the year (+€347,558) and Trade debts (+€206,304)
- Financial fixed assets +€26,960
up €26,960 (+33.6%), from €80,200 to €107,160
- Stocks and contracts -€22,507
down €22,507 (-9.8%), from €230,124 to €207,617
- Profit (loss) carried forward +€347,558
up €347,558 (+118%), from €293,579 to €641,138
- Trade debts +€206,304
up €206,304 (+62.8%), from €328,659 to €534,963
- Tax, wage and social debts +€161,801
up €161,801 (+129%), from €125,904 to €287,705
of which Taxes: +€133,207
- Current portion of long-term debt +€70,000
new in 2025: €70,000
- Gross operating margin +€479,506
up €479,506 (+84.8%), from €565,717 to €1.0m
- Staff costs +€283,821
up €283,821 (+132%), from €214,593 to €498,413
- Taxes +€47,330
up €47,330 (+62.3%), from €75,943 to €123,274
- Financial charges +€24,290
up €24,290 (+208%), from €11,675 to €35,965
- Depreciation +€24,076
up €24,076 (+221%), from €10,877 to €34,952
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 | €780,488 | €1,571,727 | +€791,239 | +101% |
| Fixed assets | 21/28 | €147,196 | €326,196 | +€179,000 | +122% |
| Tangible fixed assets | 22/27 | €66,996 | €219,036 | +€152,040 | +227% |
| Furniture and vehicles | 24 | €46,630 | €97,685 | +€51,056 | +109% |
| Other tangible fixed assets | 26 | €20,367 | €121,351 | +€100,984 | +496% |
| Financial fixed assets | 28 | €80,200 | €107,160 | +€26,960 | +33.6% |
| Current assets | 29/58 | €633,291 | €1,245,531 | +€612,240 | +96.7% |
| Stocks and contracts in progress | 3 | €230,124 | €207,617 | -€22,507 | -9.8% |
| Stocks | 30/36 | €230,124 | €207,617 | -€22,507 | -9.8% |
| Amounts receivable within one year | 40/41 | - | €534,726 | +€534,726 | |
| Trade receivables | 40 | - | €152,767 | +€152,767 | |
| Other amounts receivable | 41 | - | €381,958 | +€381,958 | |
| Cash at bank and in hand | 54/58 | €403,141 | €503,038 | +€99,898 | +24.8% |
| Deferred charges and accrued income | 490/1 | €26 | €149 | +€123 | +467% |
| Total equity and liabilities | 10/49 | €780,488 | €1,571,727 | +€791,239 | +101% |
| Equity | 10/15 | €294,579 | €642,138 | +€347,558 | +118% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293,579 | €641,138 | +€347,558 | +118% |
| Amounts payable | 17/49 | €485,908 | €929,589 | +€443,681 | +91.3% |
| Amounts payable within one year | 42/48 | €485,908 | €929,589 | +€443,681 | +91.3% |
| Current portion of amounts payable after more than one year | 42 | - | €70,000 | +€70,000 | |
| Trade debts | 44 | €328,659 | €534,963 | +€206,304 | +62.8% |
| Suppliers | 440/4 | €328,659 | €534,963 | +€206,304 | +62.8% |
| Taxes, remuneration and social security | 45 | €125,904 | €287,705 | +€161,801 | +129% |
| Taxes | 450/3 | €93,676 | €226,883 | +€133,207 | +142% |
| Remuneration and social security | 454/9 | €32,227 | €60,821 | +€28,594 | +88.7% |
| Other amounts payable | 47/48 | €31,346 | €36,922 | +€5,576 | +17.8% |
| Remuneration, social security and pensions | 62 | €214,593 | €498,413 | +€283,821 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,877 | €34,952 | +€24,076 | +221% |
| Other operating charges | 640/8 | €4,805 | €3,280 | -€1,526 | -31.8% |
| Non-recurring operating charges | 66A | €1,183 | €2,062 | +€879 | +74.3% |
| Gross operating margin | 9900 | €565,717 | €1,045,222 | +€479,506 | +84.8% |
| Operating profit (loss) | 9901 | €334,259 | €506,515 | +€172,256 | +51.5% |
| Financial income | 75/76B | €7 | €283 | +€276 | +4,187% |
| Recurring financial income | 75 | €7 | €283 | +€276 | +4,187% |
| Financial charges | 65/66B | €11,675 | €35,965 | +€24,290 | +208% |
| Recurring financial charges | 65 | €11,675 | €35,965 | +€24,290 | +208% |
| Profit (loss) for the period before taxes | 9903 | €322,590 | €470,832 | +€148,242 | +46.0% |
| Income taxes | 67/77 | €75,943 | €123,274 | +€47,330 | +62.3% |
| Profit (loss) for the period | 9904 | €246,647 | €347,558 | +€100,912 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €246,647 | €347,558 | +€100,912 | +40.9% |
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 20 October 2026 via checked.be.