RetailWorkx: 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
RetailWorkx
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€849,186
2024 · -€192,284-€656,903
Equity
-€55,179
2024 · €794,007-€849,186
Cash
€105,814
2024 · €157,715-€51,901
Balance sheet total
€3.3m
2024 · €4.7m-€1.4m
Largest movements
Assets
- Receivables within one year -€854,507
down €854,507 (-33.0%), from €2.6m to €1.7m
of which Trade receivables: -€633,166
- Stocks and contracts -€533,947
down €533,947 (-33.2%), from €1.6m to €1.1m
- Tangible fixed assets +€71,116
up €71,116 (+71.0%), from €100,193 to €171,309
of which Plant, machinery and equipment: +€64,007
- Cash -€51,901
down €51,901 (-32.9%), from €157,715 to €105,814
mainly Net result for the year (-€849,186) and Trade debts (-€490,695)
Equity and liabilities
- Profit (loss) carried forward -€849,186
down €849,186, from €726,357 to -€122,829
- Trade debts -€490,695
down €490,695 (-28.0%), from €1.8m to €1.3m
Income statement
- Goods and materials -€1.3m
down €1.3m (-15.2%), from €8.3m to €7.0m
of which Purchases: -€2.2m
- Turnover -€602,483
down €602,483 (-4.3%), from €14.0m to €13.4m
- Staff costs +€445,611
up €445,611 (+11.1%), from €4.0m to €4.4m
- Services and other goods +€421,666
up €421,666 (+21.0%), from €2.0m to €2.4m
- Write-downs +€371,413
up €371,413, from -€118,866 to €252,548
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
-€192,284
Turnover
-€602,483
Other operating income
-€71,293
Goods and materials
+€1.3m
Services and other goods
-€421,666
Staff costs
-€445,611
Depreciation
-€24,542
Write-downs
-€371,413
Other operating charges
+€7,508
Financial income
+€823
Financial charges
+€10,974
Taxes
+€1,452
Result 2025
-€849,186
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
+€118,896
Investment
-€161,851
Financing
-€8,946
Cash 2024
€157,715
From operations (derived)
+€118,896
Net result for the year
-€849,186
Depreciation
+€93,073
Stocks and contracts
+€533,947
Receivables within one year
+€854,507
Deferred charges and accrued income
-€10,138
Trade debts
-€490,695
Tax, wage and social debts
-€21,248
Other debts
+€477
Accrued charges and deferred income
+€8,160
Investment (derived)
-€161,851
Investment in fixed assets (net)
-€161,851
Financing
-€8,946
Short-term financial debts
-€8,946
Cash 2025
€105,814
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,707,272 | €3,345,834 | -€1.4m | -28.9% |
| Fixed assets | 21/28 | €273,256 | €342,035 | +€68,778 | +25.2% |
| Intangible fixed assets | 21 | €136,825 | €133,236 | -€3,588 | -2.6% |
| Tangible fixed assets | 22/27 | €100,193 | €171,309 | +€71,116 | +71.0% |
| Plant, machinery and equipment | 23 | €16,453 | €80,460 | +€64,007 | +389% |
| Furniture and vehicles | 24 | €83,740 | €90,849 | +€7,109 | +8.5% |
| Financial fixed assets | 28 | €36,239 | €37,489 | +€1,250 | +3.4% |
| Other financial fixed assets | 284/8 | €36,239 | €37,489 | +€1,250 | +3.4% |
| Amounts receivable and cash guarantees | 285/8 | €36,239 | €37,489 | +€1,250 | +3.4% |
| Current assets | 29/58 | €4,434,016 | €3,003,800 | -€1.4m | -32.3% |
| Stocks and contracts in progress | 3 | €1,606,290 | €1,072,344 | -€533,947 | -33.2% |
| Stocks | 30/36 | €1,606,290 | €1,072,344 | -€533,947 | -33.2% |
| Goods purchased for resale | 34 | €1,606,290 | €1,072,344 | -€533,947 | -33.2% |
| Amounts receivable within one year | 40/41 | €2,585,673 | €1,731,166 | -€854,507 | -33.0% |
| Trade receivables | 40 | €2,274,956 | €1,641,790 | -€633,166 | -27.8% |
| Other amounts receivable | 41 | €310,717 | €89,376 | -€221,341 | -71.2% |
| Cash at bank and in hand | 54/58 | €157,715 | €105,814 | -€51,901 | -32.9% |
| Deferred charges and accrued income | 490/1 | €84,338 | €94,477 | +€10,138 | +12.0% |
| Total equity and liabilities | 10/49 | €4,707,272 | €3,345,834 | -€1.4m | -28.9% |
| Equity | 10/15 | €794,007 | -€55,179 | -€849,186 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €726,357 | -€122,829 | -€849,186 | |
| Amounts payable | 17/49 | €3,913,265 | €3,401,014 | -€512,252 | -13.1% |
| Amounts payable within one year | 42/48 | €3,885,940 | €3,365,529 | -€520,411 | -13.4% |
| Financial debts | 43 | €622,728 | €613,782 | -€8,946 | -1.4% |
| Credit institutions | 430/8 | €622,728 | €613,782 | -€8,946 | -1.4% |
| Trade debts | 44 | €1,751,921 | €1,261,226 | -€490,695 | -28.0% |
| Suppliers | 440/4 | €1,751,921 | €1,261,226 | -€490,695 | -28.0% |
| Taxes, remuneration and social security | 45 | €511,093 | €489,845 | -€21,248 | -4.2% |
| Taxes | 450/3 | €164,266 | €118,242 | -€46,025 | -28.0% |
| Remuneration and social security | 454/9 | €346,826 | €371,603 | +€24,777 | +7.1% |
| Other amounts payable | 47/48 | €1,000,199 | €1,000,676 | +€477 | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,325 | €35,485 | +€8,160 | +29.9% |
| Operating income | 70/76A | €14,189,248 | €13,515,472 | -€673,776 | -4.7% |
| Turnover | 70 | €14,032,873 | €13,430,391 | -€602,483 | -4.3% |
| Other operating income | 74 | €156,375 | €85,082 | -€71,293 | -45.6% |
| Operating charges | 60/66A | €14,280,468 | €14,276,844 | -€3,624 | 0.0% |
| Goods for resale, raw materials and consumables | 60 | €8,296,302 | €7,036,953 | -€1.3m | -15.2% |
| Purchases | 600/8 | €8,699,834 | €6,503,006 | -€2.2m | -25.3% |
| Change in stocks: decrease (increase) | 609 | -€403,533 | €533,947 | +€937,479 | |
| Services and other goods | 61 | €2,012,363 | €2,434,029 | +€421,666 | +21.0% |
| Remuneration, social security and pensions | 62 | €3,996,854 | €4,442,465 | +€445,611 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,531 | €93,073 | +€24,542 | +35.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€118,866 | €252,548 | +€371,413 | |
| Other operating charges | 640/8 | €25,285 | €17,777 | -€7,508 | -29.7% |
| Operating profit (loss) | 9901 | -€91,221 | -€761,372 | -€670,152 | -735% |
| Financial income | 75/76B | €67 | €891 | +€823 | +1,220% |
| Recurring financial income | 75 | €67 | €891 | +€823 | +1,220% |
| Other financial income | 752/9 | €67 | €891 | +€823 | +1,220% |
| Financial charges | 65/66B | €77,894 | €66,920 | -€10,974 | -14.1% |
| Recurring financial charges | 65 | €77,894 | €66,920 | -€10,974 | -14.1% |
| Debt charges | 650 | €73,721 | €62,059 | -€11,662 | -15.8% |
| Other financial charges | 652/9 | €4,173 | €4,861 | +€688 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€169,047 | -€827,401 | -€658,355 | -389% |
| Income taxes | 67/77 | €23,237 | €21,785 | -€1,452 | -6.2% |
| Taxes | 670/3 | €23,237 | €21,785 | -€1,452 | -6.2% |
| Profit (loss) for the period | 9904 | -€192,284 | -€849,186 | -€656,903 | -342% |
| Profit (loss) for the period to be appropriated | 9905 | -€192,284 | -€849,186 | -€656,903 | -342% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.