RIX RETAIL 2: 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
RIX RETAIL 2
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€139,163
2024 · -€261,513+€122,349
Equity
-€875,820
2024 · -€736,657-€139,163
Cash
€4,974
2024 · €4,974
Balance sheet total
€4.2m
2024 · €4.4m-€238,878
Largest movements
Assets
- Tangible fixed assets -€231,223
down €231,223 (-5.7%), from €4.1m to €3.8m
Equity and liabilities
- Profit (loss) carried forward -€139,163
down €139,163 (-17.4%), from -€798,657 to -€937,820
- Short-term financial debts -€76,535
down €76,535 (-15.5%), from €495,165 to €418,630
Income statement
- Financial charges -€74,550
down €74,550 (-28.0%), from €266,297 to €191,747
- Gross operating margin +€49,214
up €49,214 (+15.4%), from €319,528 to €368,742
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
-€261,513
Gross operating margin
+€49,214
Depreciation
-€2,202
Other operating charges
+€532
Financial income
+€257
Financial charges
+€74,550
Result 2025
-€139,163
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
+€120,965
Investment
-€33,313
Financing
-€87,652
Cash 2024
€4,974
From operations (derived)
+€120,965
Net result for the year
-€139,163
Depreciation
+€264,536
Receivables after one year
-€22,975
Receivables within one year
+€30,629
Trade debts
+€24,244
Tax, wage and social debts
-€1,618
Advances received
-€40,887
Accrued charges and deferred income
+€6,199
Investment (derived)
-€33,313
Investment in fixed assets (net)
-€33,313
Financing
-€87,652
Debts after one year
-€11,117
Short-term financial debts
-€76,535
Cash 2025
€4,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,392,978 | €4,154,100 | -€238,878 | -5.4% |
| Fixed assets | 21/28 | €4,052,216 | €3,820,993 | -€231,223 | -5.7% |
| Tangible fixed assets | 22/27 | €4,052,216 | €3,820,993 | -€231,223 | -5.7% |
| Land and buildings | 22 | €4,052,216 | €3,820,993 | -€231,223 | -5.7% |
| Current assets | 29/58 | €340,762 | €333,107 | -€7,655 | -2.2% |
| Amounts receivable after more than one year | 29 | - | €22,975 | +€22,975 | |
| Other amounts receivable | 291 | - | €22,975 | +€22,975 | |
| Amounts receivable within one year | 40/41 | €335,788 | €305,159 | -€30,629 | -9.1% |
| Trade receivables | 40 | €335,788 | €305,159 | -€30,629 | -9.1% |
| Cash at bank and in hand | 54/58 | €4,974 | €4,974 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,392,978 | €4,154,100 | -€238,878 | -5.4% |
| Equity | 10/15 | -€736,657 | -€875,820 | -€139,163 | -18.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€798,657 | -€937,820 | -€139,163 | -17.4% |
| Amounts payable | 17/49 | €5,129,635 | €5,029,921 | -€99,715 | -1.9% |
| Amounts payable after more than one year | 17 | €4,194,549 | €4,183,432 | -€11,117 | -0.3% |
| Financial debts | 170/4 | €4,051,620 | €4,180,083 | +€128,463 | +3.2% |
| Other amounts payable | 178/9 | €142,929 | €3,349 | -€139,580 | -97.7% |
| Amounts payable within one year | 42/48 | €935,086 | €840,290 | -€94,797 | -10.1% |
| Financial debts | 43 | €495,165 | €418,630 | -€76,535 | -15.5% |
| Credit institutions | 430/8 | €495,165 | €418,630 | -€76,535 | -15.5% |
| Trade debts | 44 | €351,834 | €376,078 | +€24,244 | +6.9% |
| Suppliers | 440/4 | €351,834 | €376,078 | +€24,244 | +6.9% |
| Advances received on contracts in progress | 46 | €75,778 | €34,891 | -€40,887 | -54.0% |
| Taxes, remuneration and social security | 45 | €12,309 | €10,691 | -€1,618 | -13.1% |
| Taxes | 450/3 | €12,309 | €10,691 | -€1,618 | -13.1% |
| Accrued charges and deferred income | 492/3 | - | €6,199 | +€6,199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,334 | €264,536 | +€2,202 | +0.8% |
| Other operating charges | 640/8 | €52,410 | €51,878 | -€532 | -1.0% |
| Gross operating margin | 9900 | €319,528 | €368,742 | +€49,214 | +15.4% |
| Operating profit (loss) | 9901 | €4,784 | €52,327 | +€47,543 | +994% |
| Financial income | 75/76B | - | €257 | +€257 | |
| Recurring financial income | 75 | - | €257 | +€257 | |
| Financial charges | 65/66B | €266,297 | €191,747 | -€74,550 | -28.0% |
| Recurring financial charges | 65 | €266,297 | €191,747 | -€74,550 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€261,513 | -€139,163 | +€122,349 | +46.8% |
| Profit (loss) for the period | 9904 | -€261,513 | -€139,163 | +€122,349 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€261,513 | -€139,163 | +€122,349 | +46.8% |
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.