SHOP STORY: what changed
What changed
SHOP STORY
NACE 47.783, Retail trade
filed annual accounts (NBB)
Net result for the year
€43,154
2024 · €38,528+€4,626
Equity
€103,277
2024 · €138,873-€35,596
Cash
€43,583
2024 · €102,782-€59,199
Balance sheet total
€380,769
2024 · €452,886-€72,117
Largest movements
Assets
- Cash -€59,199
down €59,199 (-57.6%), from €102,782 to €43,583
mainly Contributions, distributions and other (-€78,750) and Investment in fixed assets (net) (-€26,285)
- Stocks and contracts -€12,641
down €12,641 (-7.0%), from €179,968 to €167,327
Equity and liabilities
- Profit (loss) carried forward -€64,613
no longer reported in 2025 (was €64,613)
- Reserves +€29,017
up €29,017 (+46.9%), from €61,860 to €90,877
- Trade debts -€23,397
down €23,397 (-10.4%), from €225,377 to €201,980
- Debts after one year -€14,774
down €14,774 (-73.6%), from €20,085 to €5,311
- Current portion of long-term debt +€6,931
up €6,931 (+43.0%), from €16,113 to €23,045
Income statement
- Gross operating margin +€10,385
up €10,385 (+3.7%), from €283,036 to €293,421
- Depreciation +€3,749
up €3,749 (+15.1%), from €24,848 to €28,597
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
€38,528
Gross operating margin
+€10,385
Staff costs
-€1,672
Depreciation
-€3,749
Other operating charges
-€241
Financial income
-€1,089
Financial charges
+€1,713
Taxes
-€721
Result 2025
€43,154
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
+€53,679
Investment
-€26,285
Financing
-€86,593
Cash 2024
€102,782
From operations (derived)
+€53,679
Net result for the year
+€43,154
Depreciation
+€28,597
Stocks and contracts
+€12,641
Receivables within one year
+€1,381
Deferred charges and accrued income
-€3,417
Trade debts
-€23,397
Tax, wage and social debts
-€1,127
Advances received
-€4,093
Other debts
-€62
Investment (derived)
-€26,285
Investment in fixed assets (net)
-€26,285
Financing
-€86,593
Debts after one year
-€14,774
Current portion of long-term debt
+€6,931
Contributions, distributions and other
-€78,750
Cash 2025
€43,583
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,886 | €380,769 | -€72,117 | -15.9% |
| Fixed assets | 21/28 | €113,926 | €111,615 | -€2,312 | -2.0% |
| Tangible fixed assets | 22/27 | €113,606 | €111,294 | -€2,312 | -2.0% |
| Plant, machinery and equipment | 23 | €8,700 | €21,427 | +€12,727 | +146% |
| Furniture and vehicles | 24 | €41,468 | €33,982 | -€7,486 | -18.1% |
| Leasing and similar rights | 25 | €5,748 | €1,968 | -€3,780 | -65.8% |
| Other tangible fixed assets | 26 | €57,690 | €53,918 | -€3,773 | -6.5% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €338,960 | €269,154 | -€69,806 | -20.6% |
| Stocks and contracts in progress | 3 | €179,968 | €167,327 | -€12,641 | -7.0% |
| Stocks | 30/36 | €179,968 | €167,327 | -€12,641 | -7.0% |
| Amounts receivable within one year | 40/41 | €52,499 | €51,118 | -€1,381 | -2.6% |
| Trade receivables | 40 | €14,357 | €25,734 | +€11,377 | +79.2% |
| Other amounts receivable | 41 | €38,143 | €25,384 | -€12,758 | -33.4% |
| Cash at bank and in hand | 54/58 | €102,782 | €43,583 | -€59,199 | -57.6% |
| Deferred charges and accrued income | 490/1 | €3,711 | €7,127 | +€3,417 | +92.1% |
| Total equity and liabilities | 10/49 | €452,886 | €380,769 | -€72,117 | -15.9% |
| Equity | 10/15 | €138,873 | €103,277 | -€35,596 | -25.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,860 | €90,877 | +€29,017 | +46.9% |
| Distributable reserves | 133 | €61,860 | €90,877 | +€29,017 | +46.9% |
| Profit (loss) carried forward | 14 | €64,613 | - | -€64,613 | |
| Amounts payable | 17/49 | €314,013 | €277,492 | -€36,521 | -11.6% |
| Amounts payable after more than one year | 17 | €20,085 | €5,311 | -€14,774 | -73.6% |
| Financial debts | 170/4 | €20,085 | €5,311 | -€14,774 | -73.6% |
| Amounts payable within one year | 42/48 | €293,928 | €272,181 | -€21,747 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €16,113 | €23,045 | +€6,931 | +43.0% |
| Trade debts | 44 | €225,377 | €201,980 | -€23,397 | -10.4% |
| Suppliers | 440/4 | €225,377 | €201,980 | -€23,397 | -10.4% |
| Advances received on contracts in progress | 46 | €4,093 | - | -€4,093 | |
| Taxes, remuneration and social security | 45 | €48,283 | €47,156 | -€1,127 | -2.3% |
| Taxes | 450/3 | €18,030 | €24,003 | +€5,972 | +33.1% |
| Remuneration and social security | 454/9 | €30,253 | €23,154 | -€7,099 | -23.5% |
| Other amounts payable | 47/48 | €62 | - | -€62 | |
| Remuneration, social security and pensions | 62 | €196,098 | €197,770 | +€1,672 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,848 | €28,597 | +€3,749 | +15.1% |
| Other operating charges | 640/8 | €1,060 | €1,301 | +€241 | +22.7% |
| Gross operating margin | 9900 | €283,036 | €293,421 | +€10,385 | +3.7% |
| Operating profit (loss) | 9901 | €61,030 | €65,753 | +€4,723 | +7.7% |
| Financial income | 75/76B | €1,089 | - | -€1,089 | |
| Recurring financial income | 75 | €1,089 | - | -€1,089 | |
| Financial charges | 65/66B | €10,645 | €8,932 | -€1,713 | -16.1% |
| Recurring financial charges | 65 | €10,645 | €8,932 | -€1,713 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €51,474 | €56,821 | +€5,347 | +10.4% |
| Income taxes | 67/77 | €12,946 | €13,667 | +€721 | +5.6% |
| Profit (loss) for the period | 9904 | €38,528 | €43,154 | +€4,626 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,528 | €43,154 | +€4,626 | +12.0% |
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.