RETRO: 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.
RETRO
Largest movements
- Receivables within one year -€18,372
down €18,372 (-27.2%), from €67,572 to €49,200
of which Other amounts receivable: -€16,699
- Trade debts -€16,276
down €16,276 (-87.4%), from €18,620 to €2,343
- Profit (loss) carried forward -€2,140
down €2,140 (-16.7%), from -€12,818 to -€14,958
- Gross operating margin -€1,936
down €1,936 (-819.0%), from -€236 to -€2,172
- Financial income +€186
up €186 (+25.8%), from €721 to €907
- Financial charges -€184
no longer reported in 2024 (was €184)
- Other operating charges +€73
up €73 (+10.6%), from €693 to €767
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,949 | €49,470 | -€18,479 | -27.2% |
| Fixed assets | 21/28 | €322 | €215 | -€107 | -33.3% |
| Tangible fixed assets | 22/27 | €322 | €215 | -€107 | -33.3% |
| Plant, machinery and equipment | 23 | €322 | €215 | -€107 | -33.3% |
| Current assets | 29/58 | €67,627 | €49,255 | -€18,372 | -27.2% |
| Amounts receivable within one year | 40/41 | €67,572 | €49,200 | -€18,372 | -27.2% |
| Trade receivables | 40 | €2,318 | €645 | -€1,673 | -72.2% |
| Other amounts receivable | 41 | €65,254 | €48,555 | -€16,699 | -25.6% |
| Cash at bank and in hand | 54/58 | €55 | €55 | = | 0.0% |
| Total equity and liabilities | 10/49 | €67,949 | €49,470 | -€18,479 | -27.2% |
| Equity | 10/15 | -€734 | -€2,873 | -€2,140 | -291.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €5,887 | €5,887 | = | 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% |
| Distributable reserves | 133 | €4,028 | €4,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,818 | -€14,958 | -€2,140 | -16.7% |
| Amounts payable | 17/49 | €68,683 | €52,343 | -€16,340 | -23.8% |
| Amounts payable within one year | 42/48 | €68,620 | €52,343 | -€16,276 | -23.7% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €18,620 | €2,343 | -€16,276 | -87.4% |
| Suppliers | 440/4 | €18,620 | €2,343 | -€16,276 | -87.4% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €107 | = | 0.0% |
| Other operating charges | 640/8 | €693 | €767 | +€73 | +10.6% |
| Gross operating margin | 9900 | -€236 | -€2,172 | -€1,936 | -819.0% |
| Operating profit (loss) | 9901 | -€1,037 | -€3,046 | -€2,009 | -193.7% |
| Financial income | 75/76B | €721 | €907 | +€186 | +25.8% |
| Recurring financial income | 75 | €721 | €907 | +€186 | +25.8% |
| Financial charges | 65/66B | €184 | - | -€184 | |
| Recurring financial charges | 65 | €184 | - | -€184 | |
| Profit (loss) for the period before taxes | 9903 | -€501 | -€2,140 | -€1,639 | -327.1% |
| Profit (loss) for the period | 9904 | -€501 | -€2,140 | -€1,639 | -327.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€501 | -€2,140 | -€1,639 | -327.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.