RETEMPO: 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.
RETEMPO
Largest movements
- Tangible fixed assets -€18,301
down €18,301 (-22.0%), from €83,218 to €64,917
of which Plant, machinery and equipment: -€11,486
- Cash -€10,885
down €10,885 (-60.2%), from €18,095 to €7,210
mainly Other debts (-€16,875) and Debts after one year (-€15,771)
- Receivables within one year -€3,290
down €3,290 (-23.2%), from €14,188 to €10,898
of which Trade receivables: -€1,895
- Other debts -€16,875
down €16,875 (-34.9%), from €48,385 to €31,509
- Debts after one year -€15,771
down €15,771 (-10.5%), from €150,114 to €134,343
- Reserves +€5,271
up €5,271 (+33.4%), from €15,804 to €21,074
- Gross operating margin -€13,004
down €13,004 (-26.2%), from €49,612 to €36,608
- Taxes -€3,015
down €3,015 (-44.6%), from €6,753 to €3,738
- Financial charges -€2,437
down €2,437 (-27.9%), from €8,731 to €6,295
- Depreciation -€706
down €706 (-3.7%), from €19,008 to €18,301
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 | €241,074 | €208,832 | -€32,242 | -13.4% |
| Fixed assets | 21/28 | €206,876 | €188,575 | -€18,301 | -8.8% |
| Intangible fixed assets | 21 | €123,659 | €123,659 | = | 0.0% |
| Tangible fixed assets | 22/27 | €83,218 | €64,917 | -€18,301 | -22.0% |
| Land and buildings | 22 | €40,892 | €34,077 | -€6,815 | -16.7% |
| Plant, machinery and equipment | 23 | €42,326 | €30,840 | -€11,486 | -27.1% |
| Current assets | 29/58 | €34,198 | €20,257 | -€13,941 | -40.8% |
| Amounts receivable within one year | 40/41 | €14,188 | €10,898 | -€3,290 | -23.2% |
| Trade receivables | 40 | €10,514 | €8,619 | -€1,895 | -18.0% |
| Other amounts receivable | 41 | €3,674 | €2,279 | -€1,395 | -38.0% |
| Cash at bank and in hand | 54/58 | €18,095 | €7,210 | -€10,885 | -60.2% |
| Deferred charges and accrued income | 490/1 | €1,915 | €2,149 | +€234 | +12.2% |
| Total equity and liabilities | 10/49 | €241,074 | €208,832 | -€32,242 | -13.4% |
| Equity | 10/15 | €16,804 | €22,074 | +€5,271 | +31.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,804 | €21,074 | +€5,271 | +33.4% |
| Distributable reserves | 133 | €15,804 | €21,074 | +€5,271 | +33.4% |
| Amounts payable | 17/49 | €224,270 | €186,757 | -€37,513 | -16.7% |
| Amounts payable after more than one year | 17 | €150,114 | €134,343 | -€15,771 | -10.5% |
| Financial debts | 170/4 | €150,114 | €134,343 | -€15,771 | -10.5% |
| Amounts payable within one year | 42/48 | €72,798 | €52,414 | -€20,384 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €15,470 | €15,771 | +€301 | +1.9% |
| Financial debts | 43 | €1,745 | €278 | -€1,467 | -84.1% |
| Credit institutions | 430/8 | €1,745 | €278 | -€1,467 | -84.1% |
| Trade debts | 44 | €920 | €942 | +€22 | +2.4% |
| Suppliers | 440/4 | €920 | €942 | +€22 | +2.4% |
| Taxes, remuneration and social security | 45 | €6,278 | €3,913 | -€2,365 | -37.7% |
| Taxes | 450/3 | €6,278 | €3,913 | -€2,365 | -37.7% |
| Other amounts payable | 47/48 | €48,385 | €31,509 | -€16,875 | -34.9% |
| Accrued charges and deferred income | 492/3 | €1,358 | €0 | -€1,358 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,008 | €18,301 | -€706 | -3.7% |
| Other operating charges | 640/8 | €2,167 | €2,258 | +€92 | +4.2% |
| Gross operating margin | 9900 | €49,612 | €36,608 | -€13,004 | -26.2% |
| Operating profit (loss) | 9901 | €28,438 | €16,048 | -€12,390 | -43.6% |
| Financial income | 75/76B | €80 | €88 | +€8 | +10.0% |
| Recurring financial income | 75 | €80 | €88 | +€8 | +10.0% |
| Financial charges | 65/66B | €8,731 | €6,295 | -€2,437 | -27.9% |
| Recurring financial charges | 65 | €8,731 | €6,295 | -€2,437 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €19,787 | €9,842 | -€9,945 | -50.3% |
| Income taxes | 67/77 | €6,753 | €3,738 | -€3,015 | -44.6% |
| Profit (loss) for the period | 9904 | €13,034 | €6,104 | -€6,930 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,034 | €6,104 | -€6,930 | -53.2% |
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 25 October 2026 via checked.be.