AMELO: 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.
What changed
AMELO
NACE 47.221, Retail sale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€41,158
2024 · €2,412-€43,570
Equity
€198,812
2024 · €239,970-€41,158
Cash
€6,983
2024 · €8,826-€1,843
Balance sheet total
€403,844
2024 · €383,461+€20,383
Largest movements
Assets
- Receivables after one year +€26,000
new in 2025: €26,000
- Tangible fixed assets -€20,365
down €20,365 (-10.4%), from €195,363 to €174,998
of which Land and buildings: -€15,262
- Receivables within one year +€15,704
up €15,704 (+10.3%), from €152,330 to €168,034
of which Trade receivables: +€21,628
Equity and liabilities
- Trade debts +€52,960
up €52,960 (+87.6%), from €60,440 to €113,400
- Profit (loss) carried forward -€41,158
down €41,158 (-37.1%), from €110,961 to €69,803
- Tax, wage and social debts +€14,595
up €14,595 (+65.4%), from €22,327 to €36,922
of which Remuneration and social security: +€17,905
- Debts after one year -€13,499
down €13,499 (-31.6%), from €42,712 to €29,212
- Short-term financial debts +€5,105
up €5,105 (+2,136%), from €239 to €5,344
Income statement
- Gross operating margin -€68,616
down €68,616 (-39.4%), from €174,176 to €105,560
- Staff costs -€14,975
down €14,975 (-11.1%), from €134,797 to €119,822
- Taxes -€4,349
down €4,349, from €3,525 to -€824
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.
Result 2024
€2,412
Gross operating margin
-€68,616
Staff costs
+€14,975
Depreciation
+€1,342
Other operating charges
+€1,331
Financial income
+€1,423
Financial charges
+€1,625
Taxes
+€4,349
Result 2025
-€41,158
raises the resultlowers the result
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.
From operations
+€9,624
Investment
-€2,993
Financing
-€8,474
Cash 2024
€8,826
From operations (derived)
+€9,624
Net result for the year
-€41,158
Depreciation
+€23,358
Receivables after one year
-€26,000
Stocks and contracts
+€730
Receivables within one year
-€15,704
Deferred charges and accrued income
-€1,617
Trade debts
+€52,960
Tax, wage and social debts
+€14,595
Other debts
+€3,080
Accrued charges and deferred income
-€621
Investment (derived)
-€2,993
Investment in fixed assets (net)
-€2,993
Financing
-€8,474
Debts after one year
-€13,499
Current portion of long-term debt
-€79
Short-term financial debts
+€5,105
Cash 2025
€6,983
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,461 | €403,844 | +€20,383 | +5.3% |
| Fixed assets | 21/28 | €195,413 | €175,047 | -€20,365 | -10.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €195,363 | €174,998 | -€20,365 | -10.4% |
| Land and buildings | 22 | €174,742 | €159,480 | -€15,262 | -8.7% |
| Plant, machinery and equipment | 23 | €2,473 | €3,879 | +€1,405 | +56.8% |
| Furniture and vehicles | 24 | €1,071 | €579 | -€493 | -46.0% |
| Leasing and similar rights | 25 | €17,076 | €11,060 | -€6,016 | -35.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €188,049 | €228,797 | +€40,748 | +21.7% |
| Amounts receivable after more than one year | 29 | - | €26,000 | +€26,000 | |
| Other amounts receivable | 291 | - | €26,000 | +€26,000 | |
| Stocks and contracts in progress | 3 | €25,291 | €24,562 | -€730 | -2.9% |
| Stocks | 30/36 | €25,291 | €24,562 | -€730 | -2.9% |
| Amounts receivable within one year | 40/41 | €152,330 | €168,034 | +€15,704 | +10.3% |
| Trade receivables | 40 | €56,237 | €77,864 | +€21,628 | +38.5% |
| Other amounts receivable | 41 | €96,093 | €90,169 | -€5,924 | -6.2% |
| Cash at bank and in hand | 54/58 | €8,826 | €6,983 | -€1,843 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,602 | €3,219 | +€1,617 | +101% |
| Total equity and liabilities | 10/49 | €383,461 | €403,844 | +€20,383 | +5.3% |
| Equity | 10/15 | €239,970 | €198,812 | -€41,158 | -17.2% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Revaluation surpluses | 12 | €103,634 | €103,634 | = | 0.0% |
| Reserves | 13 | €6,774 | €4,914 | -€1,860 | -27.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €4,914 | €4,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,961 | €69,803 | -€41,158 | -37.1% |
| Amounts payable | 17/49 | €143,491 | €205,032 | +€61,541 | +42.9% |
| Amounts payable after more than one year | 17 | €42,712 | €29,212 | -€13,499 | -31.6% |
| Financial debts | 170/4 | €42,712 | €29,212 | -€13,499 | -31.6% |
| Amounts payable within one year | 42/48 | €100,159 | €175,820 | +€75,661 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €17,153 | €17,073 | -€79 | -0.5% |
| Financial debts | 43 | €239 | €5,344 | +€5,105 | +2,136% |
| Credit institutions | 430/8 | €239 | €5,344 | +€5,105 | +2,136% |
| Trade debts | 44 | €60,440 | €113,400 | +€52,960 | +87.6% |
| Suppliers | 440/4 | €60,440 | €113,400 | +€52,960 | +87.6% |
| Taxes, remuneration and social security | 45 | €22,327 | €36,922 | +€14,595 | +65.4% |
| Taxes | 450/3 | €6,578 | €3,267 | -€3,310 | -50.3% |
| Remuneration and social security | 454/9 | €15,750 | €33,655 | +€17,905 | +114% |
| Other amounts payable | 47/48 | - | €3,080 | +€3,080 | |
| Accrued charges and deferred income | 492/3 | €621 | - | -€621 | |
| Remuneration, social security and pensions | 62 | €134,797 | €119,822 | -€14,975 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,700 | €23,358 | -€1,342 | -5.4% |
| Other operating charges | 640/8 | €3,033 | €1,701 | -€1,331 | -43.9% |
| Gross operating margin | 9900 | €174,176 | €105,560 | -€68,616 | -39.4% |
| Operating profit (loss) | 9901 | €11,646 | -€39,322 | -€50,968 | |
| Financial income | 75/76B | €0 | €1,423 | +€1,423 | +790,611% |
| Recurring financial income | 75 | €0 | €1,423 | +€1,423 | +790,611% |
| Financial charges | 65/66B | €5,709 | €4,083 | -€1,625 | -28.5% |
| Recurring financial charges | 65 | €5,709 | €4,083 | -€1,625 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €5,937 | -€41,982 | -€47,919 | |
| Income taxes | 67/77 | €3,525 | -€824 | -€4,349 | |
| Profit (loss) for the period | 9904 | €2,412 | -€41,158 | -€43,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,412 | -€41,158 | -€43,570 |
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 18 October 2026 via checked.be.