RIX RETAIL 3: 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.
RIX RETAIL 3
Largest movements
- Tangible fixed assets -€130,633
down €130,633 (-6.4%), from €2.0m to €1.9m
of which Land and buildings: -€94,602
- Receivables after one year +€61,925
new in 2025: €61,925
- Short-term financial debts -€83,604
down €83,604 (-40.2%), from €208,111 to €124,507
- Debts after one year -€73,993
down €73,993 (-4.1%), from €1.8m to €1.7m
of which Other amounts payable: -€180,530
- Profit (loss) carried forward +€37,266
up €37,266 (+72.3%), from -€51,569 to -€14,303
- Trade debts +€32,888
up €32,888 (+28.1%), from €116,837 to €149,725
- Financial charges -€34,743
down €34,743 (-29.7%), from €116,903 to €82,161
- Gross operating margin +€15,661
up €15,661 (+5.7%), from €272,835 to €288,496
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 | €2,167,866 | €2,107,335 | -€60,531 | -2.8% |
| Fixed assets | 21/28 | €2,027,099 | €1,896,466 | -€130,633 | -6.4% |
| Tangible fixed assets | 22/27 | €2,027,099 | €1,896,466 | -€130,633 | -6.4% |
| Land and buildings | 22 | €1,789,278 | €1,694,676 | -€94,602 | -5.3% |
| Plant, machinery and equipment | 23 | €237,821 | €201,790 | -€36,031 | -15.2% |
| Current assets | 29/58 | €140,768 | €210,870 | +€70,102 | +49.8% |
| Amounts receivable after more than one year | 29 | - | €61,925 | +€61,925 | |
| Other amounts receivable | 291 | - | €61,925 | +€61,925 | |
| Amounts receivable within one year | 40/41 | €135,794 | €148,871 | +€13,077 | +9.6% |
| Trade receivables | 40 | €126,333 | €148,871 | +€22,539 | +17.8% |
| Other amounts receivable | 41 | €9,461 | - | -€9,461 | |
| Cash at bank and in hand | 54/58 | €4,974 | €74 | -€4,900 | -98.5% |
| Total equity and liabilities | 10/49 | €2,167,866 | €2,107,335 | -€60,531 | -2.8% |
| Equity | 10/15 | €10,431 | €47,697 | +€37,266 | +357% |
| 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 | -€51,569 | -€14,303 | +€37,266 | +72.3% |
| Amounts payable | 17/49 | €2,157,435 | €2,059,638 | -€97,797 | -4.5% |
| Amounts payable after more than one year | 17 | €1,804,910 | €1,730,917 | -€73,993 | -4.1% |
| Financial debts | 170/4 | €1,618,380 | €1,724,917 | +€106,537 | +6.6% |
| Other amounts payable | 178/9 | €186,530 | €6,000 | -€180,530 | -96.8% |
| Amounts payable within one year | 42/48 | €352,524 | €325,389 | -€27,135 | -7.7% |
| Financial debts | 43 | €208,111 | €124,507 | -€83,604 | -40.2% |
| Credit institutions | 430/8 | €208,111 | €124,507 | -€83,604 | -40.2% |
| Trade debts | 44 | €116,837 | €149,725 | +€32,888 | +28.1% |
| Suppliers | 440/4 | €116,837 | €149,725 | +€32,888 | +28.1% |
| Advances received on contracts in progress | 46 | €27,576 | €36,971 | +€9,395 | +34.1% |
| Taxes, remuneration and social security | 45 | - | €14,186 | +€14,186 | |
| Taxes | 450/3 | - | €14,186 | +€14,186 | |
| Accrued charges and deferred income | 492/3 | - | €3,332 | +€3,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,633 | €130,633 | = | 0.0% |
| Other operating charges | 640/8 | €37,470 | €38,436 | +€967 | +2.6% |
| Gross operating margin | 9900 | €272,835 | €288,496 | +€15,661 | +5.7% |
| Operating profit (loss) | 9901 | €104,732 | €119,426 | +€14,695 | +14.0% |
| Financial charges | 65/66B | €116,903 | €82,161 | -€34,743 | -29.7% |
| Recurring financial charges | 65 | €116,903 | €82,161 | -€34,743 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,172 | €37,266 | +€49,437 | |
| Profit (loss) for the period | 9904 | -€12,172 | €37,266 | +€49,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,172 | €37,266 | +€49,437 |
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 14 October 2026 via checked.be.