Storm RETIE: 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.
Storm RETIE
Largest movements
- Cash +€4.0m
up €4.0m (+4,619%), from €85,742 to €4.0m
mainly Current investments (+€3.9m) and Depreciation (+€1.2m)
- Current investments -€3.9m
down €3.9m (-100%), from €3.9m to €0
- Tangible fixed assets -€1.1m
down €1.1m (-8.8%), from €12.4m to €11.3m
- Receivables within one year -€276,404
down €276,404 (-55.4%), from €498,933 to €222,529
of which Trade receivables: -€265,028
- Debts after one year -€1.1m
down €1.1m (-9.1%), from €12.5m to €11.4m
- Reserves -€505,085
down €505,085 (-18.8%), from €2.7m to €2.2m
of which Distributable reserves: -€505,085
- Trade debts +€220,664
up €220,664 (+65.4%), from €337,220 to €557,883
- Gross operating margin -€863,744
down €863,744 (-39.3%), from €2.2m to €1.3m
- Taxes -€223,376
down €223,376 (-96.7%), from €231,020 to €7,645
- Depreciation -€53,129
down €53,129 (-4.3%), from €1.2m to €1.2m
- Financial income -€31,372
down €31,372 (-36.7%), from €85,597 to €54,226
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 | €17,188,284 | €15,788,880 | -€1.4m | -8.1% |
| Fixed assets | 21/28 | €12,497,338 | €11,311,700 | -€1.2m | -9.5% |
| Intangible fixed assets | 21 | €99,988 | €7,323 | -€92,665 | -92.7% |
| Tangible fixed assets | 22/27 | €12,397,350 | €11,304,377 | -€1.1m | -8.8% |
| Plant, machinery and equipment | 23 | €12,397,350 | €11,304,377 | -€1.1m | -8.8% |
| Current assets | 29/58 | €4,690,946 | €4,477,179 | -€213,767 | -4.6% |
| Amounts receivable within one year | 40/41 | €498,933 | €222,529 | -€276,404 | -55.4% |
| Trade receivables | 40 | €475,355 | €210,326 | -€265,028 | -55.8% |
| Other amounts receivable | 41 | €23,578 | €12,203 | -€11,375 | -48.2% |
| Current investments | 50/53 | €3,878,254 | €0 | -€3.9m | -100% |
| Cash at bank and in hand | 54/58 | €85,742 | €4,046,066 | +€4.0m | +4,619% |
| Deferred charges and accrued income | 490/1 | €228,018 | €208,584 | -€19,434 | -8.5% |
| Total equity and liabilities | 10/49 | €17,188,284 | €15,788,880 | -€1.4m | -8.1% |
| Equity | 10/15 | €3,051,484 | €2,546,399 | -€505,085 | -16.6% |
| Contributions | 10/11 | €368,968 | €368,968 | = | 0.0% |
| Capital | 10 | €368,968 | €368,968 | = | 0.0% |
| Issued capital | 100 | €368,968 | €368,968 | = | 0.0% |
| Reserves | 13 | €2,682,516 | €2,177,431 | -€505,085 | -18.8% |
| Non-distributable reserves | 130/1 | €36,897 | €36,897 | = | 0.0% |
| Legal reserve | 130 | €36,897 | €36,897 | = | 0.0% |
| Distributable reserves | 133 | €2,645,619 | €2,140,534 | -€505,085 | -19.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,136,799 | €13,242,480 | -€894,319 | -6.3% |
| Amounts payable after more than one year | 17 | €12,482,710 | €11,350,969 | -€1.1m | -9.1% |
| Financial debts | 170/4 | €12,482,710 | €11,350,969 | -€1.1m | -9.1% |
| Amounts payable within one year | 42/48 | €1,473,851 | €1,732,255 | +€258,403 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €1,103,604 | €1,131,740 | +€28,136 | +2.5% |
| Trade debts | 44 | €337,220 | €557,883 | +€220,664 | +65.4% |
| Suppliers | 440/4 | €337,220 | €557,883 | +€220,664 | +65.4% |
| Taxes, remuneration and social security | 45 | €33,028 | €42,631 | +€9,603 | +29.1% |
| Taxes | 450/3 | €33,028 | €42,631 | +€9,603 | +29.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €180,239 | €159,256 | -€20,982 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238,766 | €1,185,637 | -€53,129 | -4.3% |
| Other operating charges | 640/8 | €3,995 | €4,076 | +€81 | +2.0% |
| Non-recurring operating charges | 66A | - | €543,283 | +€543,283 | |
| Gross operating margin | 9900 | €2,197,437 | €1,333,694 | -€863,744 | -39.3% |
| Operating profit (loss) | 9901 | €954,676 | -€399,303 | -€1.4m | |
| Financial income | 75/76B | €85,597 | €54,226 | -€31,372 | -36.7% |
| Recurring financial income | 75 | €85,597 | €54,226 | -€31,372 | -36.7% |
| Financial charges | 65/66B | €166,608 | €152,363 | -€14,245 | -8.6% |
| Recurring financial charges | 65 | €166,608 | €152,363 | -€14,245 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €873,665 | -€497,441 | -€1.4m | |
| Income taxes | 67/77 | €231,020 | €7,645 | -€223,376 | -96.7% |
| Profit (loss) for the period | 9904 | €642,645 | -€505,085 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €642,645 | -€505,085 | -€1.1m |
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 25 October 2026 via checked.be.