RETSILVER OOSTROZEBEKE: 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.
RETSILVER OOSTROZEBEKE
Largest movements
- Tangible fixed assets -€174,540
down €174,540 (-17.5%), from €998,083 to €823,543
of which Other tangible fixed assets: -€118,758
- Stocks and contracts -€20,138
down €20,138 (-8.7%), from €231,429 to €211,291
- Cash -€13,460
down €13,460 (-16.9%), from €79,633 to €66,173
mainly Net result for the year (-€179,379) and Debts after one year (-€130,521)
- Receivables within one year +€13,303
up €13,303 (+498%), from €2,670 to €15,973
of which Other amounts receivable: +€13,589
- Profit (loss) carried forward -€179,379
down €179,379 (-77.1%), from -€232,566 to -€411,945
- Trade debts +€144,113
up €144,113 (+37.0%), from €389,908 to €534,022
- Debts after one year -€130,521
down €130,521 (-19.8%), from €658,675 to €528,155
- Gross operating margin -€53,190
down €53,190 (-13.1%), from €404,686 to €351,496
- Staff costs +€35,448
up €35,448 (+11.6%), from €304,387 to €339,834
- Other operating charges +€10,525
up €10,525 (+710%), from €1,482 to €12,007
- Financial charges +€6,067
up €6,067 (+22.0%), from €27,587 to €33,654
- Financial income -€6,004
down €6,004 (-96.8%), from €6,199 to €195
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 | €1,323,421 | €1,134,232 | -€189,188 | -14.3% |
| Fixed assets | 21/28 | €998,083 | €823,543 | -€174,540 | -17.5% |
| Tangible fixed assets | 22/27 | €998,083 | €823,543 | -€174,540 | -17.5% |
| Plant, machinery and equipment | 23 | €105,735 | €65,784 | -€39,952 | -37.8% |
| Furniture and vehicles | 24 | €52,703 | €36,873 | -€15,830 | -30.0% |
| Other tangible fixed assets | 26 | €839,645 | €720,887 | -€118,758 | -14.1% |
| Current assets | 29/58 | €325,338 | €310,689 | -€14,649 | -4.5% |
| Stocks and contracts in progress | 3 | €231,429 | €211,291 | -€20,138 | -8.7% |
| Stocks | 30/36 | €231,429 | €211,291 | -€20,138 | -8.7% |
| Amounts receivable within one year | 40/41 | €2,670 | €15,973 | +€13,303 | +498% |
| Trade receivables | 40 | €322 | €36 | -€286 | -88.7% |
| Other amounts receivable | 41 | €2,348 | €15,937 | +€13,589 | +579% |
| Cash at bank and in hand | 54/58 | €79,633 | €66,173 | -€13,460 | -16.9% |
| Deferred charges and accrued income | 490/1 | €11,605 | €17,252 | +€5,646 | +48.7% |
| Total equity and liabilities | 10/49 | €1,323,421 | €1,134,232 | -€189,188 | -14.3% |
| Equity | 10/15 | -€566 | -€179,945 | -€179,379 | -31,673% |
| Contributions | 10/11 | €232,000 | €232,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,566 | -€411,945 | -€179,379 | -77.1% |
| Amounts payable | 17/49 | €1,323,987 | €1,314,178 | -€9,809 | -0.7% |
| Amounts payable after more than one year | 17 | €658,675 | €528,155 | -€130,521 | -19.8% |
| Financial debts | 170/4 | €658,675 | €528,155 | -€130,521 | -19.8% |
| Amounts payable within one year | 42/48 | €661,873 | €786,023 | +€124,150 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €143,229 | €130,521 | -€12,709 | -8.9% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €389,908 | €534,022 | +€144,113 | +37.0% |
| Suppliers | 440/4 | €389,908 | €534,022 | +€144,113 | +37.0% |
| Taxes, remuneration and social security | 45 | €50,983 | €45,729 | -€5,254 | -10.3% |
| Taxes | 450/3 | €497 | €362 | -€134 | -27.0% |
| Remuneration and social security | 454/9 | €50,486 | €45,366 | -€5,120 | -10.1% |
| Other amounts payable | 47/48 | €2,752 | €752 | -€2,000 | -72.7% |
| Accrued charges and deferred income | 492/3 | €3,439 | €0 | -€3,439 | -100% |
| Non-recurring operating income | 76A | €1,840 | €0 | -€1,840 | -100% |
| Remuneration, social security and pensions | 62 | €304,387 | €339,834 | +€35,448 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,517 | €145,213 | -€2,304 | -1.6% |
| Other operating charges | 640/8 | €1,482 | €12,007 | +€10,525 | +710% |
| Non-recurring operating charges | 66A | €515 | €0 | -€515 | -100% |
| Gross operating margin | 9900 | €404,686 | €351,496 | -€53,190 | -13.1% |
| Operating profit (loss) | 9901 | -€49,214 | -€145,558 | -€96,344 | -196% |
| Financial income | 75/76B | €6,199 | €195 | -€6,004 | -96.8% |
| Recurring financial income | 75 | €6,199 | €195 | -€6,004 | -96.8% |
| Financial charges | 65/66B | €27,587 | €33,654 | +€6,067 | +22.0% |
| Recurring financial charges | 65 | €27,587 | €33,654 | +€6,067 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | -€70,602 | -€179,017 | -€108,415 | -154% |
| Income taxes | 67/77 | - | €362 | +€362 | |
| Profit (loss) for the period | 9904 | -€70,602 | -€179,379 | -€108,778 | -154% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,602 | -€179,379 | -€108,778 | -154% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.