Retech Solutions: 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.
Retech Solutions
Largest movements
- Cash +€155,410
up €155,410 (+97.2%), from €159,814 to €315,224
mainly Net result for the year (+€72,205) and Other debts (+€41,521)
- Receivables within one year -€37,171
down €37,171 (-69.9%), from €53,201 to €16,030
- Tangible fixed assets -€26,477
down €26,477 (-53.3%), from €49,681 to €23,204
of which Furniture and vehicles: -€15,398
- Other debts +€41,521
up €41,521 (+1765.7%), from €2,352 to €43,873
- Trade debts +€17,871
up €17,871 (+1514.5%), from €1,180 to €19,051
- Tax, wage and social debts +€16,474
up €16,474 (+98.4%), from €16,738 to €33,212
- Reserves +€15,896
up €15,896 (+6.7%), from €237,426 to €253,322
- Gross operating margin +€23,266
up €23,266 (+23.7%), from €98,097 to €121,363
- Taxes +€9,745
up €9,745 (+58.2%), from €16,738 to €26,484
- Depreciation -€3,507
down €3,507 (-14.6%), from €23,986 to €20,479
- Staff costs +€1,399
new in 2025: €1,399
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.
Cash bridge derived
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 | €262,696 | €354,458 | +€91,762 | +34.9% |
| Fixed assets | 21/28 | €49,681 | €23,204 | -€26,477 | -53.3% |
| Tangible fixed assets | 22/27 | €49,681 | €23,204 | -€26,477 | -53.3% |
| Plant, machinery and equipment | 23 | €11,079 | - | -€11,079 | |
| Furniture and vehicles | 24 | €38,602 | €23,204 | -€15,398 | -39.9% |
| Current assets | 29/58 | €213,015 | €331,254 | +€118,239 | +55.5% |
| Amounts receivable within one year | 40/41 | €53,201 | €16,030 | -€37,171 | -69.9% |
| Trade receivables | 40 | €53,201 | €16,030 | -€37,171 | -69.9% |
| Cash at bank and in hand | 54/58 | €159,814 | €315,224 | +€155,410 | +97.2% |
| Total equity and liabilities | 10/49 | €262,696 | €354,458 | +€91,762 | +34.9% |
| Equity | 10/15 | €242,426 | €258,322 | +€15,896 | +6.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €237,426 | €253,322 | +€15,896 | +6.7% |
| Distributable reserves | 133 | €237,426 | €253,322 | +€15,896 | +6.7% |
| Amounts payable | 17/49 | €20,270 | €96,136 | +€75,866 | +374.3% |
| Amounts payable within one year | 42/48 | €20,270 | €96,136 | +€75,866 | +374.3% |
| Trade debts | 44 | €1,180 | €19,051 | +€17,871 | +1514.5% |
| Suppliers | 440/4 | €1,180 | €19,051 | +€17,871 | +1514.5% |
| Taxes, remuneration and social security | 45 | €16,738 | €33,212 | +€16,474 | +98.4% |
| Taxes | 450/3 | €16,738 | €33,212 | +€16,474 | +98.4% |
| Other amounts payable | 47/48 | €2,352 | €43,873 | +€41,521 | +1765.7% |
| Non-recurring operating income | 76A | - | €13,502 | +€13,502 | |
| Remuneration, social security and pensions | 62 | - | €1,399 | +€1,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,986 | €20,479 | -€3,507 | -14.6% |
| Other operating charges | 640/8 | €929 | €633 | -€296 | -31.9% |
| Gross operating margin | 9900 | €98,097 | €121,363 | +€23,266 | +23.7% |
| Operating profit (loss) | 9901 | €73,183 | €98,853 | +€25,670 | +35.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €136 | €164 | +€29 | +21.2% |
| Recurring financial charges | 65 | €136 | €164 | +€29 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €73,047 | €98,688 | +€25,641 | +35.1% |
| Income taxes | 67/77 | €16,738 | €26,484 | +€9,745 | +58.2% |
| Profit (loss) for the period | 9904 | €56,309 | €72,205 | +€15,896 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,309 | €72,205 | +€15,896 | +28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.