RETULIT: what changed
RETULIT
Largest movements
- Receivables within one year +€74,969
up €74,969 (+96.4%), from €77,795 to €152,764
of which Trade receivables: +€82,206
- Receivables after one year -€15,000
down €15,000 (-10.7%), from €140,701 to €125,701
- Cash -€12,943
down €12,943 (-85.1%), from €15,205 to €2,262
mainly Receivables within one year (-€74,969) and Other debts (-€12,872)
- Reserves +€41,297
up €41,297 (+39.1%), from €105,724 to €147,021
- Other debts -€12,872
down €12,872 (-27.4%), from €46,944 to €34,072
- Tax, wage and social debts +€12,495
up €12,495 (+128%), from €9,750 to €22,245
of which Taxes: +€8,088
- Accrued charges and deferred income +€12,017
up €12,017 (+360%), from €3,336 to €15,353
- Trade debts -€5,037
down €5,037 (-41.0%), from €12,277 to €7,240
- Write-downs -€36,015
new in 2025: -€36,015
- Financial income +€24,293
up €24,293 (+466%), from €5,213 to €29,507
- Taxes +€12,821
up €12,821 (+301%), from €4,263 to €17,084
- Gross operating margin -€12,270
down €12,270 (-78.4%), from €15,659 to €3,389
- Other operating charges -€1,026
down €1,026 (-35.1%), from €2,922 to €1,895
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €246,631 | €294,531 | +€47,900 | +19.4% |
| Fixed assets | 21/28 | €3,710 | €4,361 | +€651 | +17.6% |
| Intangible fixed assets | 21 | €722 | €214 | -€508 | -70.3% |
| Tangible fixed assets | 22/27 | €2,987 | €4,147 | +€1,159 | +38.8% |
| Furniture and vehicles | 24 | - | €2,044 | +€2,044 | |
| Other tangible fixed assets | 26 | €2,987 | €2,103 | -€884 | -29.6% |
| Current assets | 29/58 | €242,921 | €290,170 | +€47,249 | +19.5% |
| Amounts receivable after more than one year | 29 | €140,701 | €125,701 | -€15,000 | -10.7% |
| Other amounts receivable | 291 | €140,701 | €125,701 | -€15,000 | -10.7% |
| Amounts receivable within one year | 40/41 | €77,795 | €152,764 | +€74,969 | +96.4% |
| Trade receivables | 40 | €70,558 | €152,764 | +€82,206 | +117% |
| Other amounts receivable | 41 | €7,237 | €0 | -€7,237 | -100% |
| Cash at bank and in hand | 54/58 | €15,205 | €2,262 | -€12,943 | -85.1% |
| Deferred charges and accrued income | 490/1 | €9,220 | €9,443 | +€223 | +2.4% |
| Total equity and liabilities | 10/49 | €246,631 | €294,531 | +€47,900 | +19.4% |
| Equity | 10/15 | €124,324 | €165,621 | +€41,297 | +33.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €105,724 | €147,021 | +€41,297 | +39.1% |
| Distributable reserves | 133 | €105,724 | €147,021 | +€41,297 | +39.1% |
| Amounts payable | 17/49 | €122,307 | €128,910 | +€6,603 | +5.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,971 | €63,557 | -€5,414 | -7.8% |
| Trade debts | 44 | €12,277 | €7,240 | -€5,037 | -41.0% |
| Suppliers | 440/4 | €12,277 | €7,240 | -€5,037 | -41.0% |
| Taxes, remuneration and social security | 45 | €9,750 | €22,245 | +€12,495 | +128% |
| Taxes | 450/3 | €7,658 | €15,747 | +€8,088 | +106% |
| Remuneration and social security | 454/9 | €2,091 | €6,498 | +€4,407 | +211% |
| Other amounts payable | 47/48 | €46,944 | €34,072 | -€12,872 | -27.4% |
| Accrued charges and deferred income | 492/3 | €3,336 | €15,353 | +€12,017 | +360% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | €2,109 | +€716 | +51.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€36,015 | -€36,015 | |
| Other operating charges | 640/8 | €2,922 | €1,895 | -€1,026 | -35.1% |
| Gross operating margin | 9900 | €15,659 | €3,389 | -€12,270 | -78.4% |
| Operating profit (loss) | 9901 | €11,345 | €35,400 | +€24,055 | +212% |
| Financial income | 75/76B | €5,213 | €29,507 | +€24,293 | +466% |
| Recurring financial income | 75 | €5,213 | €29,507 | +€24,293 | +466% |
| Financial charges | 65/66B | €6,596 | €6,526 | -€70 | -1.1% |
| Recurring financial charges | 65 | €6,596 | €6,526 | -€70 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €9,963 | €58,381 | +€48,418 | +486% |
| Income taxes | 67/77 | €4,263 | €17,084 | +€12,821 | +301% |
| Profit (loss) for the period | 9904 | €5,700 | €41,297 | +€35,597 | +625% |
| Profit (loss) for the period to be appropriated | 9905 | €5,700 | €41,297 | +€35,597 | +625% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.