RETAILIFY: 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.
RETAILIFY
Largest movements
- Tangible fixed assets -€139,765
down €139,765 (-23.9%), from €585,760 to €445,995
of which Furniture and vehicles: -€82,905
- Receivables within one year -€71,940
no longer reported in 2025 (was €71,940)
of which Trade receivables: -€67,800
- Cash -€42,707
down €42,707 (-10.6%), from €401,085 to €358,378
- Profit (loss) carried forward -€261,198
down €261,198 (-458.3%), from -€56,999 to -€318,197
- Other debts +€68,181
up €68,181 (+14.8%), from €461,011 to €529,192
- Trade debts -€39,732
down €39,732 (-10.8%), from €366,946 to €327,214
- Debts after one year -€12,671
down €12,671 (-10.3%), from €123,089 to €110,418
- Gross operating margin -€58,061
down €58,061 (-100.0%), from €58,061 to €0
- Depreciation +€36,880
up €36,880 (+3107.0%), from €1,187 to €38,067
- Other operating charges -€32,747
no longer reported in 2025 (was €32,747)
- Financial charges -€3,443
no longer reported in 2025 (was €3,443)
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,059,468 | €804,513 | -€254,955 | -24.1% |
| Fixed assets | 21/28 | €585,900 | €446,135 | -€139,765 | -23.9% |
| Tangible fixed assets | 22/27 | €585,760 | €445,995 | -€139,765 | -23.9% |
| Land and buildings | 22 | €435,129 | €395,968 | -€39,161 | -9.0% |
| Furniture and vehicles | 24 | €121,133 | €38,228 | -€82,905 | -68.4% |
| Other tangible fixed assets | 26 | €29,498 | €11,799 | -€17,699 | -60.0% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €473,568 | €358,378 | -€115,190 | -24.3% |
| Amounts receivable within one year | 40/41 | €71,940 | - | -€71,940 | |
| Trade receivables | 40 | €67,800 | - | -€67,800 | |
| Other amounts receivable | 41 | €4,140 | - | -€4,140 | |
| Cash at bank and in hand | 54/58 | €401,085 | €358,378 | -€42,707 | -10.6% |
| Deferred charges and accrued income | 490/1 | €543 | - | -€543 | |
| Total equity and liabilities | 10/49 | €1,059,468 | €804,513 | -€254,955 | -24.1% |
| Equity | 10/15 | €91,601 | -€169,597 | -€261,198 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €122,121 | €122,121 | = | 0.0% |
| Reserves | 13 | €7,879 | €7,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,879 | €7,879 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,879 | €7,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,999 | -€318,197 | -€261,198 | -458.3% |
| Amounts payable | 17/49 | €967,867 | €974,110 | +€6,243 | +0.6% |
| Amounts payable after more than one year | 17 | €123,089 | €110,418 | -€12,671 | -10.3% |
| Financial debts | 170/4 | €123,089 | €110,418 | -€12,671 | -10.3% |
| Amounts payable within one year | 42/48 | €844,778 | €863,692 | +€18,914 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €7,205 | €6,920 | -€285 | -4.0% |
| Trade debts | 44 | €366,946 | €327,214 | -€39,732 | -10.8% |
| Suppliers | 440/4 | €366,946 | €327,214 | -€39,732 | -10.8% |
| Advances received on contracts in progress | 46 | €440 | - | -€440 | |
| Taxes, remuneration and social security | 45 | €9,176 | €366 | -€8,810 | -96.0% |
| Taxes | 450/3 | €6,630 | €366 | -€6,264 | -94.5% |
| Remuneration and social security | 454/9 | €2,546 | - | -€2,546 | |
| Other amounts payable | 47/48 | €461,011 | €529,192 | +€68,181 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,187 | €38,067 | +€36,880 | +3107.0% |
| Other operating charges | 640/8 | €32,747 | - | -€32,747 | |
| Gross operating margin | 9900 | €58,061 | €0 | -€58,061 | -100.0% |
| Operating profit (loss) | 9901 | €24,127 | -€38,067 | -€62,194 | |
| Financial charges | 65/66B | €3,443 | - | -€3,443 | |
| Recurring financial charges | 65 | €3,443 | - | -€3,443 | |
| Profit (loss) for the period before taxes | 9903 | €20,684 | -€38,067 | -€58,751 | |
| Profit (loss) for the period | 9904 | €20,684 | -€38,067 | -€58,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,684 | -€38,067 | -€58,751 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.