RETTON: 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.
What changed
RETTON
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13,556
2024 · €8,888+€4,669
Equity
€619,288
2024 · €605,732+€13,556
Cash
€6,008
2024 · €4,308+€1,701
Balance sheet total
€1.3m
2024 · €1.3m-€27,893
Largest movements
Assets
- Receivables within one year -€20,139
down €20,139 (-28.6%), from €70,439 to €50,300
Equity and liabilities
- Short-term financial debts -€476,000
no longer reported in 2025 (was €476,000)
- Advances received +€384,850
up €384,850 (+212%), from €181,500 to €566,350
- Other debts +€94,383
new in 2025: €94,383
- Trade debts -€29,879
down €29,879 (-83.4%), from €35,828 to €5,949
- Reserves +€13,556
up €13,556 (+5.2%), from €261,571 to €275,128
Income statement
- Financial charges -€14,230
down €14,230 (-43.9%), from €32,421 to €18,190
- Staff costs +€6,727
up €6,727 (+12.1%), from €55,530 to €62,257
- Taxes +€4,338
up €4,338 (+339%), from €1,281 to €5,618
- Depreciation -€2,034
down €2,034 (-5.4%), from €37,762 to €35,729
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.
Result 2024
€8,888
Gross operating margin
+€303
Staff costs
-€6,727
Depreciation
+€2,034
Other operating charges
-€819
Financial income
-€15
Financial charges
+€14,230
Taxes
-€4,338
Result 2025
€13,556
raises the resultlowers the result
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.
From operations
+€515,197
Investment
-€26,461
Financing
-€487,035
Cash 2024
€4,308
From operations (derived)
+€515,197
Net result for the year
+€13,556
Depreciation
+€35,729
Receivables within one year
+€20,139
Smaller working-capital items
+€438
Trade debts
-€29,879
Tax, wage and social debts
-€4,019
Advances received
+€384,850
Other debts
+€94,383
Investment (derived)
-€26,461
Investment in fixed assets (net)
-€26,461
Financing
-€487,035
Debts after one year
-€1,527
Current portion of long-term debt
-€9,508
Short-term financial debts
-€476,000
Cash 2025
€6,008
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,319,061 | €1,291,168 | -€27,893 | -2.1% |
| Fixed assets | 21/28 | €324,702 | €315,434 | -€9,267 | -2.9% |
| Tangible fixed assets | 22/27 | €324,702 | €315,434 | -€9,267 | -2.9% |
| Land and buildings | 22 | €265,407 | €255,642 | -€9,766 | -3.7% |
| Plant, machinery and equipment | 23 | €38,637 | €45,035 | +€6,398 | +16.6% |
| Furniture and vehicles | 24 | €20,658 | €14,758 | -€5,900 | -28.6% |
| Current assets | 29/58 | €994,359 | €975,733 | -€18,625 | -1.9% |
| Stocks and contracts in progress | 3 | €918,999 | €918,999 | = | 0.0% |
| Stocks | 30/36 | €918,999 | €918,999 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,439 | €50,300 | -€20,139 | -28.6% |
| Other amounts receivable | 41 | €70,439 | €50,300 | -€20,139 | -28.6% |
| Cash at bank and in hand | 54/58 | €4,308 | €6,008 | +€1,701 | +39.5% |
| Deferred charges and accrued income | 490/1 | €613 | €426 | -€187 | -30.5% |
| Total equity and liabilities | 10/49 | €1,319,061 | €1,291,168 | -€27,893 | -2.1% |
| Equity | 10/15 | €605,732 | €619,288 | +€13,556 | +2.2% |
| Contributions | 10/11 | €339,000 | €339,000 | = | 0.0% |
| Reserves | 13 | €261,571 | €275,128 | +€13,556 | +5.2% |
| Distributable reserves | 133 | €261,571 | €275,128 | +€13,556 | +5.2% |
| Profit (loss) carried forward | 14 | €5,160 | €5,160 | = | 0.0% |
| Amounts payable | 17/49 | €713,329 | €671,880 | -€41,449 | -5.8% |
| Amounts payable after more than one year | 17 | €1,527 | - | -€1,527 | |
| Financial debts | 170/4 | €1,527 | - | -€1,527 | |
| Amounts payable within one year | 42/48 | €709,486 | €669,313 | -€40,173 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €11,035 | €1,527 | -€9,508 | -86.2% |
| Financial debts | 43 | €476,000 | - | -€476,000 | |
| Credit institutions | 430/8 | €476,000 | - | -€476,000 | |
| Trade debts | 44 | €35,828 | €5,949 | -€29,879 | -83.4% |
| Suppliers | 440/4 | €35,828 | €5,949 | -€29,879 | -83.4% |
| Advances received on contracts in progress | 46 | €181,500 | €566,350 | +€384,850 | +212% |
| Taxes, remuneration and social security | 45 | €5,123 | €1,104 | -€4,019 | -78.5% |
| Taxes | 450/3 | €3,391 | €89 | -€3,302 | -97.4% |
| Remuneration and social security | 454/9 | €1,732 | €1,015 | -€717 | -41.4% |
| Other amounts payable | 47/48 | - | €94,383 | +€94,383 | |
| Accrued charges and deferred income | 492/3 | €2,316 | €2,567 | +€251 | +10.9% |
| Remuneration, social security and pensions | 62 | €55,530 | €62,257 | +€6,727 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,762 | €35,729 | -€2,034 | -5.4% |
| Other operating charges | 640/8 | €2,665 | €3,485 | +€819 | +30.7% |
| Gross operating margin | 9900 | €138,532 | €138,835 | +€303 | +0.2% |
| Operating profit (loss) | 9901 | €42,574 | €37,365 | -€5,209 | -12.2% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €32,421 | €18,190 | -€14,230 | -43.9% |
| Recurring financial charges | 65 | €32,421 | €18,190 | -€14,230 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €10,168 | €19,175 | +€9,006 | +88.6% |
| Income taxes | 67/77 | €1,281 | €5,618 | +€4,338 | +339% |
| Profit (loss) for the period | 9904 | €8,888 | €13,556 | +€4,669 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,888 | €13,556 | +€4,669 | +52.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.