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RETRA - CONSTRUCT: 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.

What changed

RETRA - CONSTRUCT

BE 0442.326.037
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€7,876
2022 · -€9,966+€2,090
Equity
-€58,174
2022 · -€50,298-€7,876
Cash
€3,186
2022 · €6,574-€3,388
Balance sheet total
€9,634
2022 · €18,455-€8,820

Largest movements

2022 to 2023
Assets
  • Receivables within one year -€5,432

    down €5,432 (-52.0%), from €10,438 to €5,007

    of which Other amounts receivable: -€4,688

  • Cash -€3,388

    down €3,388 (-51.5%), from €6,574 to €3,186

    mainly Net result for the year (-€7,876) and Other debts (-€3,898)

Equity and liabilities
  • Profit (loss) carried forward -€7,876

    down €7,876 (-9.6%), from -€82,433 to -€90,310

  • Other debts -€3,898

    down €3,898 (-35.3%), from €11,054 to €7,156

  • Trade debts +€2,954

    up €2,954 (+109.5%), from €2,699 to €5,653

Income statement
  • Gross operating margin +€1,549

    up €1,549 (+16.5%), from -€9,403 to -€7,854

  • Financial charges -€541

    down €541 (-96.0%), from €563 to €23

From the 2022 result to the 2023 result

effect on the 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 2022 -€9,966
Gross operating margin +€1,549
Financial charges +€541
Result 2023 -€7,876

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€3,388
Investment €0
Financing €0
Cash 2022 €6,574
Net result for the year -€7,876
Receivables within one year +€5,432
Trade debts +€2,954
Other debts -€3,898
Cash 2023 €3,186
Every line side by side 33 lines
Line Code 2022 2023 Change %
Total assets 20/58 €18,455 €9,634 -€8,820 -47.8%
Fixed assets 21/28 €1,442 €1,442 = 0.0%
Financial fixed assets 28 €1,442 €1,442 = 0.0%
Current assets 29/58 €17,012 €8,192 -€8,820 -51.8%
Amounts receivable within one year 40/41 €10,438 €5,007 -€5,432 -52.0%
Trade receivables 40 €3,052 €2,308 -€744 -24.4%
Other amounts receivable 41 €7,386 €2,698 -€4,688 -63.5%
Cash at bank and in hand 54/58 €6,574 €3,186 -€3,388 -51.5%
Total equity and liabilities 10/49 €18,455 €9,634 -€8,820 -47.8%
Equity 10/15 -€50,298 -€58,174 -€7,876 -15.7%
Contributions 10/11 €10,659 €10,659 = 0.0%
Outside capital 11 €10,659 €10,659 = 0.0%
Share premium 1100/10 €10,659 €10,659 = 0.0%
Reserves 13 €21,476 €21,476 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Tax-exempt reserves 132 €19,617 €19,617 = 0.0%
Profit (loss) carried forward 14 -€82,433 -€90,310 -€7,876 -9.6%
Provisions and deferred taxes 16 €55,000 €55,000 = 0.0%
Provisions for liabilities and charges 160/5 €55,000 €55,000 = 0.0%
Pensions and similar obligations 160 €55,000 €55,000 = 0.0%
Amounts payable 17/49 €13,753 €12,809 -€944 -6.9%
Amounts payable within one year 42/48 €13,753 €12,809 -€944 -6.9%
Trade debts 44 €2,699 €5,653 +€2,954 +109.5%
Suppliers 440/4 €2,699 €5,653 +€2,954 +109.5%
Other amounts payable 47/48 €11,054 €7,156 -€3,898 -35.3%
Gross operating margin 9900 -€9,403 -€7,854 +€1,549 +16.5%
Operating profit (loss) 9901 -€9,403 -€7,854 +€1,549 +16.5%
Financial charges 65/66B €563 €23 -€541 -96.0%
Recurring financial charges 65 €563 €23 -€541 -96.0%
Profit (loss) for the period before taxes 9903 -€9,966 -€7,876 +€2,090 +21.0%
Profit (loss) for the period 9904 -€9,966 -€7,876 +€2,090 +21.0%
Profit (loss) for the period to be appropriated 9905 -€9,966 -€7,876 +€2,090 +21.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.