APERITIVO-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.
APERITIVO-FOOD
Largest movements
- Cash -€14,482
down €14,482 (-16.7%), from €86,481 to €72,000
mainly Trade debts (-€19,743) and Net result for the year (-€9,235)
- Stocks and contracts -€10,152
down €10,152 (-75.7%), from €13,414 to €3,262
- Tangible fixed assets -€9,531
down €9,531 (-20.2%), from €47,243 to €37,712
of which Furniture and vehicles: -€9,232
- Receivables within one year -€6,274
down €6,274 (-7.7%), from €80,979 to €74,705
of which Trade receivables: -€23,165
- Trade debts -€19,743
down €19,743 (-41.9%), from €47,126 to €27,383
- Profit (loss) carried forward -€9,235
new in 2025: -€9,235
- Current portion of long-term debt -€6,970
down €6,970 (-74.4%), from €9,372 to €2,402
- Tax, wage and social debts -€3,529
down €3,529 (-34.0%), from €10,367 to €6,838
- Debts after one year -€2,402
no longer reported in 2025 (was €2,402)
- Gross operating margin -€57,334
down €57,334 (-97.0%), from €59,130 to €1,797
- Taxes -€13,501
down €13,501 (-98.8%), from €13,663 to €162
- Other operating charges -€10,529
down €10,529 (-97.7%), from €10,782 to €253
- Financial income -€1,994
down €1,994 (-41.3%), from €4,826 to €2,832
- Depreciation -€1,120
down €1,120 (-8.5%), from €13,239 to €12,119
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 | €230,417 | €187,679 | -€42,738 | -18.5% |
| Fixed assets | 21/28 | €47,243 | €37,712 | -€9,531 | -20.2% |
| Tangible fixed assets | 22/27 | €47,243 | €37,712 | -€9,531 | -20.2% |
| Plant, machinery and equipment | 23 | €3,267 | €3,421 | +€154 | +4.7% |
| Furniture and vehicles | 24 | €38,351 | €29,119 | -€9,232 | -24.1% |
| Other tangible fixed assets | 26 | €5,624 | €5,171 | -€453 | -8.0% |
| Current assets | 29/58 | €183,174 | €149,967 | -€33,208 | -18.1% |
| Stocks and contracts in progress | 3 | €13,414 | €3,262 | -€10,152 | -75.7% |
| Stocks | 30/36 | €13,414 | €3,262 | -€10,152 | -75.7% |
| Amounts receivable within one year | 40/41 | €80,979 | €74,705 | -€6,274 | -7.7% |
| Trade receivables | 40 | €48,138 | €24,973 | -€23,165 | -48.1% |
| Other amounts receivable | 41 | €32,842 | €49,732 | +€16,890 | +51.4% |
| Cash at bank and in hand | 54/58 | €86,481 | €72,000 | -€14,482 | -16.7% |
| Deferred charges and accrued income | 490/1 | €2,300 | - | -€2,300 | |
| Total equity and liabilities | 10/49 | €230,417 | €187,679 | -€42,738 | -18.5% |
| Equity | 10/15 | €160,290 | €151,056 | -€9,235 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,690 | €141,690 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €139,830 | €139,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,235 | -€9,235 | |
| Amounts payable | 17/49 | €70,126 | €36,623 | -€33,503 | -47.8% |
| Amounts payable after more than one year | 17 | €2,402 | - | -€2,402 | |
| Financial debts | 170/4 | €2,402 | - | -€2,402 | |
| Amounts payable within one year | 42/48 | €67,724 | €36,623 | -€31,101 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €9,372 | €2,402 | -€6,970 | -74.4% |
| Trade debts | 44 | €47,126 | €27,383 | -€19,743 | -41.9% |
| Suppliers | 440/4 | €47,126 | €27,383 | -€19,743 | -41.9% |
| Taxes, remuneration and social security | 45 | €10,367 | €6,838 | -€3,529 | -34.0% |
| Taxes | 450/3 | €10,367 | €6,838 | -€3,529 | -34.0% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,239 | €12,119 | -€1,120 | -8.5% |
| Other operating charges | 640/8 | €10,782 | €253 | -€10,529 | -97.7% |
| Gross operating margin | 9900 | €59,130 | €1,797 | -€57,334 | -97.0% |
| Operating profit (loss) | 9901 | €35,109 | -€10,576 | -€45,685 | |
| Financial income | 75/76B | €4,826 | €2,832 | -€1,994 | -41.3% |
| Recurring financial income | 75 | €4,826 | €2,832 | -€1,994 | -41.3% |
| Financial charges | 65/66B | €1,019 | €1,329 | +€310 | +30.4% |
| Recurring financial charges | 65 | €1,019 | €1,329 | +€310 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €38,916 | -€9,073 | -€47,989 | |
| Income taxes | 67/77 | €13,663 | €162 | -€13,501 | -98.8% |
| Profit (loss) for the period | 9904 | €25,253 | -€9,235 | -€34,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,253 | -€9,235 | -€34,488 |
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 27 October 2026 via checked.be.