RITS AGENCY: what changed
What changed
RITS AGENCY
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
filed annual accounts (NBB)
Net result for the year
-€49,950
2024 · €50,266-€100,216
Equity
€340,928
2024 · €410,878-€69,950
Cash
€271,627
2024 · €319,029-€47,402
Balance sheet total
€527,088
2024 · €633,246-€106,158
Largest movements
Assets
- Receivables within one year -€54,181
down €54,181 (-24.0%), from €225,931 to €171,750
of which Other amounts receivable: -€38,049
- Cash -€47,402
down €47,402 (-14.9%), from €319,029 to €271,627
mainly Net result for the year (-€49,950) and Accrued charges and deferred income (-€22,917)
Equity and liabilities
- Profit (loss) carried forward -€49,950
down €49,950 (-99.1%), from €50,427 to €476
- Accrued charges and deferred income -€22,917
down €22,917 (-16.7%), from €137,500 to €114,583
- Reserves -€20,000
down €20,000 (-5.9%), from €341,859 to €321,859
of which Distributable reserves: -€20,000
- Tax, wage and social debts -€10,578
down €10,578 (-24.2%), from €43,746 to €33,167
of which Taxes: -€6,760
Income statement
- Gross operating margin -€92,094
down €92,094 (-24.0%), from €383,113 to €291,019
- Staff costs +€29,811
up €29,811 (+10.0%), from €297,105 to €326,917
- Taxes -€17,671
down €17,671 (-96.4%), from €18,332 to €660
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,266
Gross operating margin
-€92,094
Staff costs
-€29,811
Depreciation
+€2,767
Other operating charges
-€2,296
Financial income
+€1,742
Financial charges
+€1,806
Taxes
+€17,671
Result 2025
-€49,950
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€19,388
Investment
-€7,952
Financing
-€20,062
Cash 2024
€319,029
From operations (derived)
-€19,388
Net result for the year
-€49,950
Depreciation
+€8,373
Stocks and contracts
+€3,957
Receivables within one year
+€54,181
Deferred charges and accrued income
+€198
Trade debts
-€1,586
Tax, wage and social debts
-€10,578
Other debts
-€1,065
Accrued charges and deferred income
-€22,917
Investment (derived)
-€7,952
Investment in fixed assets (net)
-€8,215
Current investments
+€263
Financing
-€20,062
Short-term financial debts
-€62
Contributions, distributions and other
-€20,000
Cash 2025
€271,627
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €633,246 | €527,088 | -€106,158 | -16.8% |
| Fixed assets | 21/28 | €60,022 | €59,864 | -€158 | -0.3% |
| Tangible fixed assets | 22/27 | €60,022 | €59,864 | -€158 | -0.3% |
| Land and buildings | 22 | €30,753 | €29,884 | -€869 | -2.8% |
| Furniture and vehicles | 24 | €574 | €7,674 | +€7,101 | +1,238% |
| Other tangible fixed assets | 26 | €28,695 | €22,305 | -€6,390 | -22.3% |
| Current assets | 29/58 | €573,225 | €467,225 | -€106,000 | -18.5% |
| Stocks and contracts in progress | 3 | €26,079 | €22,122 | -€3,957 | -15.2% |
| Stocks | 30/36 | €26,079 | €22,122 | -€3,957 | -15.2% |
| Amounts receivable within one year | 40/41 | €225,931 | €171,750 | -€54,181 | -24.0% |
| Trade receivables | 40 | €181,371 | €165,240 | -€16,131 | -8.9% |
| Other amounts receivable | 41 | €44,560 | €6,511 | -€38,049 | -85.4% |
| Current investments | 50/53 | €263 | - | -€263 | |
| Cash at bank and in hand | 54/58 | €319,029 | €271,627 | -€47,402 | -14.9% |
| Deferred charges and accrued income | 490/1 | €1,923 | €1,725 | -€198 | -10.3% |
| Total equity and liabilities | 10/49 | €633,246 | €527,088 | -€106,158 | -16.8% |
| Equity | 10/15 | €410,878 | €340,928 | -€69,950 | -17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €341,859 | €321,859 | -€20,000 | -5.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €340,000 | €320,000 | -€20,000 | -5.9% |
| Profit (loss) carried forward | 14 | €50,427 | €476 | -€49,950 | -99.1% |
| Amounts payable | 17/49 | €222,368 | €186,161 | -€36,207 | -16.3% |
| Amounts payable within one year | 42/48 | €84,868 | €71,578 | -€13,291 | -15.7% |
| Financial debts | 43 | €62 | - | -€62 | |
| Credit institutions | 430/8 | €62 | - | -€62 | |
| Trade debts | 44 | €38,422 | €36,837 | -€1,586 | -4.1% |
| Suppliers | 440/4 | €38,422 | €36,837 | -€1,586 | -4.1% |
| Taxes, remuneration and social security | 45 | €43,746 | €33,167 | -€10,578 | -24.2% |
| Taxes | 450/3 | €11,637 | €4,877 | -€6,760 | -58.1% |
| Remuneration and social security | 454/9 | €32,109 | €28,290 | -€3,819 | -11.9% |
| Other amounts payable | 47/48 | €2,638 | €1,573 | -€1,065 | -40.4% |
| Accrued charges and deferred income | 492/3 | €137,500 | €114,583 | -€22,917 | -16.7% |
| Remuneration, social security and pensions | 62 | €297,105 | €326,917 | +€29,811 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,140 | €8,373 | -€2,767 | -24.8% |
| Other operating charges | 640/8 | €3,377 | €5,673 | +€2,296 | +68.0% |
| Gross operating margin | 9900 | €383,113 | €291,019 | -€92,094 | -24.0% |
| Operating profit (loss) | 9901 | €71,492 | -€49,943 | -€121,435 | |
| Financial income | 75/76B | €8 | €1,750 | +€1,742 | +21,695% |
| Recurring financial income | 75 | €8 | €1,750 | +€1,742 | +21,695% |
| Financial charges | 65/66B | €2,903 | €1,097 | -€1,806 | -62.2% |
| Recurring financial charges | 65 | €2,903 | €1,097 | -€1,806 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €68,597 | -€49,290 | -€117,887 | |
| Income taxes | 67/77 | €18,332 | €660 | -€17,671 | -96.4% |
| Profit (loss) for the period | 9904 | €50,266 | -€49,950 | -€100,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,266 | -€49,950 | -€100,216 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.