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
- Cash -€2,234
down €2,234 (-57.3%), from €3,897 to €1,663
mainly Other debts (-€26,493) and Receivables within one year (-€1,267)
- Receivables within one year +€1,267
up €1,267 (+63.4%), from €2,000 to €3,267
- Tangible fixed assets -€173
down €173 (-100.0%), from €173 to €0
- Other debts -€26,493
down €26,493 (-8.7%), from €305,919 to €279,426
- Profit (loss) carried forward +€25,464
up €25,464 (+8.0%), from -€318,852 to -€293,388
- Accrued charges and deferred income -€112
down €112 (-27.1%), from €412 to €300
- Gross operating margin +€4,463
up €4,463 (+20.2%), from €22,109 to €26,572
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 | €6,071 | €4,930 | -€1,141 | -18.8% |
| Fixed assets | 21/28 | €173 | €0 | -€173 | -100.0% |
| Tangible fixed assets | 22/27 | €173 | €0 | -€173 | -100.0% |
| Furniture and vehicles | 24 | €173 | €0 | -€173 | -100.0% |
| Current assets | 29/58 | €5,897 | €4,930 | -€967 | -16.4% |
| Amounts receivable within one year | 40/41 | €2,000 | €3,267 | +€1,267 | +63.4% |
| Trade receivables | 40 | €2,000 | €3,267 | +€1,267 | +63.4% |
| Cash at bank and in hand | 54/58 | €3,897 | €1,663 | -€2,234 | -57.3% |
| Total equity and liabilities | 10/49 | €6,071 | €4,930 | -€1,141 | -18.8% |
| Equity | 10/15 | -€300,260 | -€274,796 | +€25,464 | +8.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€318,852 | -€293,388 | +€25,464 | +8.0% |
| Amounts payable | 17/49 | €306,331 | €279,726 | -€26,605 | -8.7% |
| Amounts payable within one year | 42/48 | €305,919 | €279,426 | -€26,493 | -8.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €305,919 | €279,426 | -€26,493 | -8.7% |
| Accrued charges and deferred income | 492/3 | €412 | €300 | -€112 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €173 | -€26 | -13.1% |
| Other operating charges | 640/8 | €563 | €640 | +€77 | +13.7% |
| Gross operating margin | 9900 | €22,109 | €26,572 | +€4,463 | +20.2% |
| Operating profit (loss) | 9901 | €21,346 | €25,758 | +€4,412 | +20.7% |
| Financial charges | 65/66B | €310 | €294 | -€16 | -5.3% |
| Recurring financial charges | 65 | €310 | €294 | -€16 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €21,036 | €25,464 | +€4,429 | +21.1% |
| Profit (loss) for the period | 9904 | €21,036 | €25,464 | +€4,429 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,036 | €25,464 | +€4,429 | +21.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.