AADEL FOOD: 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.
AADEL FOOD
Largest movements
- Cash +€415,932
up €415,932 (+410%), from €101,431 to €517,363
mainly Stocks and contracts (+€240,651) and Tax, wage and social debts (+€57,187)
- Stocks and contracts -€240,651
down €240,651 (-87.4%), from €275,270 to €34,619
- Receivables within one year -€30,149
down €30,149 (-25.9%), from €116,619 to €86,470
of which Trade receivables: -€27,241
- Tangible fixed assets -€19,748
down €19,748 (-58.5%), from €33,768 to €14,020
of which Furniture and vehicles: -€17,596
- Tax, wage and social debts +€57,187
up €57,187 (+145%), from €39,469 to €96,657
of which Remuneration and social security: +€63,438
- Trade debts +€30,109
up €30,109 (+20.2%), from €149,323 to €179,431
- Profit (loss) carried forward +€29,047
up €29,047 (+14.0%), from €207,363 to €236,410
- Advances received +€10,321
up €10,321 (+10.6%), from €97,557 to €107,878
- Staff costs -€29,058
down €29,058 (-15.4%), from €188,775 to €159,717
- Gross operating margin -€18,765
down €18,765 (-7.7%), from €243,007 to €224,242
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 | €541,844 | €665,123 | +€123,279 | +22.8% |
| Fixed assets | 21/28 | €37,523 | €17,775 | -€19,748 | -52.6% |
| Tangible fixed assets | 22/27 | €33,768 | €14,020 | -€19,748 | -58.5% |
| Plant, machinery and equipment | 23 | €3,765 | €1,612 | -€2,153 | -57.2% |
| Furniture and vehicles | 24 | €30,004 | €12,408 | -€17,596 | -58.6% |
| Financial fixed assets | 28 | €3,755 | €3,755 | = | 0.0% |
| Current assets | 29/58 | €504,321 | €647,348 | +€143,028 | +28.4% |
| Stocks and contracts in progress | 3 | €275,270 | €34,619 | -€240,651 | -87.4% |
| Stocks | 30/36 | €275,270 | €34,619 | -€240,651 | -87.4% |
| Amounts receivable within one year | 40/41 | €116,619 | €86,470 | -€30,149 | -25.9% |
| Trade receivables | 40 | €106,605 | €79,364 | -€27,241 | -25.6% |
| Other amounts receivable | 41 | €10,014 | €7,106 | -€2,908 | -29.0% |
| Cash at bank and in hand | 54/58 | €101,431 | €517,363 | +€415,932 | +410% |
| Deferred charges and accrued income | 490/1 | €11,001 | €8,896 | -€2,104 | -19.1% |
| Total equity and liabilities | 10/49 | €541,844 | €665,123 | +€123,279 | +22.8% |
| Equity | 10/15 | €236,139 | €265,186 | +€29,047 | +12.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,775 | €3,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,939 | €2,939 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,939 | €2,939 | = | 0.0% |
| Distributable reserves | 133 | €836 | €836 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,363 | €236,410 | +€29,047 | +14.0% |
| Amounts payable | 17/49 | €305,705 | €399,937 | +€94,232 | +30.8% |
| Amounts payable after more than one year | 17 | €5,847 | €842 | -€5,005 | -85.6% |
| Financial debts | 170/4 | €5,847 | €842 | -€5,005 | -85.6% |
| Amounts payable within one year | 42/48 | €299,858 | €399,096 | +€99,237 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €4,929 | €6,880 | +€1,952 | +39.6% |
| Trade debts | 44 | €149,323 | €179,431 | +€30,109 | +20.2% |
| Suppliers | 440/4 | €149,323 | €179,431 | +€30,109 | +20.2% |
| Advances received on contracts in progress | 46 | €97,557 | €107,878 | +€10,321 | +10.6% |
| Taxes, remuneration and social security | 45 | €39,469 | €96,657 | +€57,187 | +145% |
| Taxes | 450/3 | €15,448 | €9,197 | -€6,251 | -40.5% |
| Remuneration and social security | 454/9 | €24,021 | €87,459 | +€63,438 | +264% |
| Other amounts payable | 47/48 | €8,581 | €8,249 | -€331 | -3.9% |
| Remuneration, social security and pensions | 62 | €188,775 | €159,717 | -€29,058 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,091 | €19,748 | -€343 | -1.7% |
| Other operating charges | 640/8 | €3,739 | €1,558 | -€2,181 | -58.3% |
| Gross operating margin | 9900 | €243,007 | €224,242 | -€18,765 | -7.7% |
| Operating profit (loss) | 9901 | €30,402 | €43,219 | +€12,817 | +42.2% |
| Financial income | 75/76B | €1,652 | €61 | -€1,591 | -96.3% |
| Recurring financial income | 75 | €1,652 | €61 | -€1,591 | -96.3% |
| Financial charges | 65/66B | €4,883 | €3,487 | -€1,396 | -28.6% |
| Recurring financial charges | 65 | €4,883 | €3,487 | -€1,396 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €27,172 | €39,793 | +€12,621 | +46.4% |
| Income taxes | 67/77 | €9,752 | €10,746 | +€995 | +10.2% |
| Profit (loss) for the period | 9904 | €17,420 | €29,047 | +€11,627 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,420 | €29,047 | +€11,627 | +66.7% |
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 16 October 2026 via checked.be.