RETRO526: 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.
RETRO526
Largest movements
- Cash +€18,011
up €18,011 (+93.5%), from €19,260 to €37,271
mainly Net result for the year (+€12,403) and Tax, wage and social debts (+€4,624)
- Receivables within one year -€2,628
no longer reported in 2025 (was €2,628)
- Stocks and contracts +€531
new in 2025: €531
- Profit (loss) carried forward +€12,403
up €12,403 (+88.2%), from €14,069 to €26,472
- Tax, wage and social debts +€4,624
up €4,624 (+108%), from €4,294 to €8,918
- Trade debts -€1,314
no longer reported in 2025 (was €1,314)
- Gross operating margin +€8,449
up €8,449 (+74.0%), from €11,425 to €19,875
- Taxes +€2,201
up €2,201 (+80.3%), from €2,742 to €4,943
- Staff costs +€1,011
up €1,011 (+186%), from €544 to €1,555
- Financial charges +€382
up €382 (+126%), from €303 to €685
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 | €22,128 | €38,041 | +€15,914 | +71.9% |
| Fixed assets | 21/28 | €240 | €240 | = | 0.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €21,888 | €37,801 | +€15,914 | +72.7% |
| Stocks and contracts in progress | 3 | - | €531 | +€531 | |
| Stocks | 30/36 | - | €531 | +€531 | |
| Amounts receivable within one year | 40/41 | €2,628 | - | -€2,628 | |
| Trade receivables | 40 | €2,628 | - | -€2,628 | |
| Cash at bank and in hand | 54/58 | €19,260 | €37,271 | +€18,011 | +93.5% |
| Total equity and liabilities | 10/49 | €22,128 | €38,041 | +€15,914 | +71.9% |
| Equity | 10/15 | €16,069 | €28,472 | +€12,403 | +77.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,069 | €26,472 | +€12,403 | +88.2% |
| Amounts payable | 17/49 | €6,059 | €9,569 | +€3,510 | +57.9% |
| Amounts payable within one year | 42/48 | €6,059 | €9,569 | +€3,510 | +57.9% |
| Trade debts | 44 | €1,314 | - | -€1,314 | |
| Suppliers | 440/4 | €1,314 | - | -€1,314 | |
| Taxes, remuneration and social security | 45 | €4,294 | €8,918 | +€4,624 | +108% |
| Taxes | 450/3 | €4,294 | €8,918 | +€4,624 | +108% |
| Other amounts payable | 47/48 | €450 | €650 | +€200 | +44.5% |
| Remuneration, social security and pensions | 62 | €544 | €1,555 | +€1,011 | +186% |
| Other operating charges | 640/8 | €287 | €183 | -€105 | -36.5% |
| Non-recurring operating charges | 66A | €232 | €116 | -€116 | -50.0% |
| Gross operating margin | 9900 | €11,425 | €19,875 | +€8,449 | +74.0% |
| Operating profit (loss) | 9901 | €10,362 | €18,021 | +€7,659 | +73.9% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €303 | €685 | +€382 | +126% |
| Recurring financial charges | 65 | €303 | €685 | +€382 | +126% |
| Profit (loss) for the period before taxes | 9903 | €10,059 | €17,346 | +€7,288 | +72.5% |
| Income taxes | 67/77 | €2,742 | €4,943 | +€2,201 | +80.3% |
| Profit (loss) for the period | 9904 | €7,317 | €12,403 | +€5,087 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,317 | €12,403 | +€5,087 | +69.5% |
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 15 October 2026 via checked.be.