Retriev: 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.
Retriev
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Cash -€72,902
down €72,902 (-39.3%), from €185,709 to €112,806
mainly Current investments (-€400,000) and Trade debts (-€7,324)
- Deferred charges and accrued income -€40,460
down €40,460 (-19.8%), from €203,895 to €163,435
- Reserves +€198,156
up €198,156 (+69.1%), from €286,881 to €485,037
- Tax, wage and social debts +€94,275
up €94,275 (+71.8%), from €131,345 to €225,620
- Trade debts -€7,324
down €7,324 (-84.3%), from €8,689 to €1,365
- Gross operating margin -€122,358
down €122,358 (-29.1%), from €420,192 to €297,835
- Taxes -€35,063
down €35,063 (-26.8%), from €130,829 to €95,766
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 | €432,409 | €716,382 | +€283,973 | +65.7% |
| Fixed assets | 21/28 | €12,067 | €14,217 | +€2,150 | +17.8% |
| Tangible fixed assets | 22/27 | €12,067 | €14,217 | +€2,150 | +17.8% |
| Plant, machinery and equipment | 23 | €10,687 | €13,308 | +€2,621 | +24.5% |
| Furniture and vehicles | 24 | €1,380 | €909 | -€471 | -34.1% |
| Current assets | 29/58 | €420,342 | €702,165 | +€281,823 | +67.0% |
| Amounts receivable within one year | 40/41 | €30,738 | €25,923 | -€4,815 | -15.7% |
| Trade receivables | 40 | €27,971 | €24,295 | -€3,676 | -13.1% |
| Other amounts receivable | 41 | €2,767 | €1,628 | -€1,139 | -41.2% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €185,709 | €112,806 | -€72,902 | -39.3% |
| Deferred charges and accrued income | 490/1 | €203,895 | €163,435 | -€40,460 | -19.8% |
| Total equity and liabilities | 10/49 | €432,409 | €716,382 | +€283,973 | +65.7% |
| Equity | 10/15 | €289,881 | €488,037 | +€198,156 | +68.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €286,881 | €485,037 | +€198,156 | +69.1% |
| Distributable reserves | 133 | €286,881 | €485,037 | +€198,156 | +69.1% |
| Amounts payable | 17/49 | €142,527 | €228,345 | +€85,818 | +60.2% |
| Amounts payable within one year | 42/48 | €142,527 | €228,345 | +€85,818 | +60.2% |
| Trade debts | 44 | €8,689 | €1,365 | -€7,324 | -84.3% |
| Suppliers | 440/4 | €8,689 | €1,365 | -€7,324 | -84.3% |
| Taxes, remuneration and social security | 45 | €131,345 | €225,620 | +€94,275 | +71.8% |
| Taxes | 450/3 | €131,345 | €225,620 | +€94,275 | +71.8% |
| Other amounts payable | 47/48 | €2,493 | €1,360 | -€1,133 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €1,910 | +€1,729 | +954% |
| Other operating charges | 640/8 | €555 | €1,968 | +€1,413 | +255% |
| Gross operating margin | 9900 | €420,192 | €297,835 | -€122,358 | -29.1% |
| Operating profit (loss) | 9901 | €419,456 | €293,956 | -€125,499 | -29.9% |
| Financial income | 75/76B | €1 | €3,252 | +€3,251 | +328,345% |
| Recurring financial income | 75 | €1 | €3,252 | +€3,251 | +328,345% |
| Financial charges | 65/66B | €28 | €3,286 | +€3,258 | +11,599% |
| Recurring financial charges | 65 | €28 | €3,286 | +€3,258 | +11,599% |
| Profit (loss) for the period before taxes | 9903 | €419,429 | €293,922 | -€125,507 | -29.9% |
| Income taxes | 67/77 | €130,829 | €95,766 | -€35,063 | -26.8% |
| Profit (loss) for the period | 9904 | €288,599 | €198,156 | -€90,444 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €288,599 | €198,156 | -€90,444 | -31.3% |
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 27 October 2026 via checked.be.