Retsilver Eeklo: 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.
Retsilver Eeklo
Largest movements
- Receivables within one year +€434,539
up €434,539 (+255.3%), from €170,178 to €604,717
of which Other amounts receivable: +€368,295
- Tangible fixed assets -€143,290
down €143,290 (-16.2%), from €885,555 to €742,265
of which Plant, machinery and equipment: -€130,905
- Cash +€64,089
up €64,089 (+27.6%), from €232,369 to €296,458
mainly Trade debts (+€692,038) and Depreciation (+€187,707)
- Deferred charges and accrued income +€61,645
up €61,645 (+2160.3%), from €2,854 to €64,498
- Trade debts +€692,038
up €692,038 (+78.9%), from €877,233 to €1.6m
- Debts after one year -€160,864
down €160,864 (-31.4%), from €512,177 to €351,313
- Tax, wage and social debts -€139,995
down €139,995 (-73.7%), from €189,907 to €49,912
of which Remuneration and social security: -€142,116
- Other debts +€27,125
up €27,125 (+142.1%), from €19,082 to €46,207
- Gross operating margin +€233,610
up €233,610 (+40.8%), from €573,159 to €806,769
- Staff costs +€148,521
up €148,521 (+33.2%), from €447,289 to €595,811
- Depreciation +€37,926
up €37,926 (+25.3%), from €149,781 to €187,707
- Financial income +€12,538
up €12,538 (+1747.4%), from €717 to €13,255
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 | €1,839,182 | €2,252,585 | +€413,403 | +22.5% |
| Fixed assets | 21/28 | €887,105 | €743,815 | -€143,290 | -16.2% |
| Tangible fixed assets | 22/27 | €885,555 | €742,265 | -€143,290 | -16.2% |
| Plant, machinery and equipment | 23 | €821,804 | €690,899 | -€130,905 | -15.9% |
| Furniture and vehicles | 24 | €2,729 | €4,726 | +€1,997 | +73.2% |
| Other tangible fixed assets | 26 | €61,022 | €46,640 | -€14,382 | -23.6% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €952,077 | €1,508,770 | +€556,693 | +58.5% |
| Stocks and contracts in progress | 3 | €546,675 | €543,096 | -€3,579 | -0.7% |
| Stocks | 30/36 | €546,675 | €543,096 | -€3,579 | -0.7% |
| Amounts receivable within one year | 40/41 | €170,178 | €604,717 | +€434,539 | +255.3% |
| Trade receivables | 40 | €99,571 | €165,815 | +€66,244 | +66.5% |
| Other amounts receivable | 41 | €70,607 | €438,902 | +€368,295 | +521.6% |
| Cash at bank and in hand | 54/58 | €232,369 | €296,458 | +€64,089 | +27.6% |
| Deferred charges and accrued income | 490/1 | €2,854 | €64,498 | +€61,645 | +2160.3% |
| Total equity and liabilities | 10/49 | €1,839,182 | €2,252,585 | +€413,403 | +22.5% |
| Equity | 10/15 | €99,032 | €106,168 | +€7,136 | +7.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €117,500 | €117,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,468 | -€36,332 | +€7,136 | +16.4% |
| Amounts payable | 17/49 | €1,740,150 | €2,146,417 | +€406,267 | +23.3% |
| Amounts payable after more than one year | 17 | €512,177 | €351,313 | -€160,864 | -31.4% |
| Financial debts | 170/4 | €512,177 | €351,313 | -€160,864 | -31.4% |
| Amounts payable within one year | 42/48 | €1,227,437 | €1,795,104 | +€567,667 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €141,215 | €129,715 | -€11,500 | -8.1% |
| Trade debts | 44 | €877,233 | €1,569,271 | +€692,038 | +78.9% |
| Suppliers | 440/4 | €877,233 | €1,569,271 | +€692,038 | +78.9% |
| Taxes, remuneration and social security | 45 | €189,907 | €49,912 | -€139,995 | -73.7% |
| Taxes | 450/3 | €184 | €2,304 | +€2,120 | +1151.9% |
| Remuneration and social security | 454/9 | €189,723 | €47,607 | -€142,116 | -74.9% |
| Other amounts payable | 47/48 | €19,082 | €46,207 | +€27,125 | +142.1% |
| Accrued charges and deferred income | 492/3 | €536 | - | -€536 | |
| Remuneration, social security and pensions | 62 | €447,289 | €595,811 | +€148,521 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,781 | €187,707 | +€37,926 | +25.3% |
| Other operating charges | 640/8 | €1,984 | €2,806 | +€822 | +41.5% |
| Gross operating margin | 9900 | €573,159 | €806,769 | +€233,610 | +40.8% |
| Operating profit (loss) | 9901 | -€25,895 | €20,445 | +€46,340 | |
| Financial income | 75/76B | €717 | €13,255 | +€12,538 | +1747.4% |
| Recurring financial income | 75 | €717 | €13,255 | +€12,538 | +1747.4% |
| Financial charges | 65/66B | €34,231 | €26,565 | -€7,666 | -22.4% |
| Recurring financial charges | 65 | €34,231 | €26,565 | -€7,666 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,408 | €7,136 | +€66,544 | |
| Profit (loss) for the period | 9904 | -€59,408 | €7,136 | +€66,544 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,408 | €7,136 | +€66,544 |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.