RETIM: 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.
RETIM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€171,437
down €171,437 (-23.5%), from -€728,569 to -€900,006
- Other debts +€161,889
up €161,889 (+23.5%), from €687,535 to €849,424
- Debts after one year +€42,890
up €42,890 (+1.6%), from €2.8m to €2.8m
- Financial charges -€15,761
down €15,761 (-8.5%), from €186,182 to €170,421
- Gross operating margin +€2,847
up €2,847 (+99.6%), from -€2,858 to -€10
- Other operating charges -€47
down €47 (-4.4%), from €1,053 to €1,006
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 | €3,306,661 | €3,333,008 | +€26,347 | +0.8% |
| Current assets | 29/58 | €3,306,661 | €3,333,008 | +€26,347 | +0.8% |
| Stocks and contracts in progress | 3 | €3,304,296 | €3,330,602 | +€26,306 | +0.8% |
| Stocks | 30/36 | €3,304,296 | €3,330,602 | +€26,306 | +0.8% |
| Cash at bank and in hand | 54/58 | €0 | €183 | +€183 | |
| Deferred charges and accrued income | 490/1 | €2,365 | €2,223 | -€142 | -6.0% |
| Total equity and liabilities | 10/49 | €3,306,661 | €3,333,008 | +€26,347 | +0.8% |
| Equity | 10/15 | -€660,369 | -€831,806 | -€171,437 | -26.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€728,569 | -€900,006 | -€171,437 | -23.5% |
| Amounts payable | 17/49 | €3,967,030 | €4,164,813 | +€197,784 | +5.0% |
| Amounts payable after more than one year | 17 | €2,764,036 | €2,806,926 | +€42,890 | +1.6% |
| Financial debts | 170/4 | €2,764,036 | €2,806,926 | +€42,890 | +1.6% |
| Amounts payable within one year | 42/48 | €1,181,917 | €1,343,103 | +€161,187 | +13.6% |
| Financial debts | 43 | €152 | €0 | -€152 | -100.0% |
| Credit institutions | 430/8 | €152 | €0 | -€152 | -100.0% |
| Trade debts | 44 | €2,154 | €1,604 | -€550 | -25.5% |
| Suppliers | 440/4 | €2,154 | €1,604 | -€550 | -25.5% |
| Advances received on contracts in progress | 46 | €492,075 | €492,075 | = | 0.0% |
| Other amounts payable | 47/48 | €687,535 | €849,424 | +€161,889 | +23.5% |
| Accrued charges and deferred income | 492/3 | €21,077 | €14,784 | -€6,293 | -29.9% |
| Other operating charges | 640/8 | €1,053 | €1,006 | -€47 | -4.4% |
| Gross operating margin | 9900 | -€2,858 | -€10 | +€2,847 | +99.6% |
| Operating profit (loss) | 9901 | -€3,910 | -€1,016 | +€2,894 | +74.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €186,182 | €170,421 | -€15,761 | -8.5% |
| Recurring financial charges | 65 | €186,182 | €170,421 | -€15,761 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€190,092 | -€171,437 | +€18,656 | +9.8% |
| Profit (loss) for the period | 9904 | -€190,092 | -€171,437 | +€18,656 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€190,092 | -€171,437 | +€18,656 | +9.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.