AUDENAERT-DE MEESTER: 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
AUDENAERT-DE MEESTER
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€280,772
2024 · €77,492+€203,280
Equity
€6.8m
2024 · €6.7m+€72,013
Cash
€2.3m
2024 · €934,738+€1.4m
Balance sheet total
€7.3m
2024 · €7.1m+€165,058
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+151%), from €934,738 to €2.3m
mainly Current investments (+€1.0m) and Receivables within one year (+€505,906)
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Receivables within one year -€505,906
down €505,906 (-15.2%), from €3.3m to €2.8m
of which Trade receivables: -€259,396
- Stocks and contracts +€251,093
up €251,093 (+35.2%), from €712,455 to €963,548
Equity and liabilities
- Reserves +€101,461
up €101,461 (+1.8%), from €5.7m to €5.9m
of which Distributable reserves: +€101,461
Income statement
- Goods and materials -€1.0m
down €1.0m (-5.5%), from €18.3m to €17.3m
of which Purchases: -€1.1m
- Turnover -€773,956
down €773,956 (-3.9%), from €19.8m to €19.0m
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
€77,492
Turnover
-€773,956
Other operating income
+€14,968
Goods and materials
+€1.0m
Services and other goods
-€8,635
Staff costs
-€30,891
Depreciation
-€6,478
Write-downs
+€48,443
Other operating charges
-€27,215
Other operating items
+€5,603
Financial income
-€14,373
Financial charges
+€3,690
Taxes
-€21,396
Result 2025
€280,772
raises the resultlowers the resultnot broken down further in the accounts
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
+€795,865
Investment
+€819,990
Financing
-€208,759
Cash 2024
€934,738
From operations (derived)
+€795,865
Net result for the year
+€280,772
Depreciation
+€169,622
Stocks and contracts
-€251,093
Receivables within one year
+€505,906
Smaller working-capital items
-€4,177
Trade debts
+€66,076
Other debts
+€28,759
Investment (derived)
+€819,990
Investment in fixed assets (net)
-€208,845
Current investments
+€1.0m
Financing
-€208,759
Contributions, distributions and other
-€208,759
Cash 2025
€2.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,087,029 | €7,252,087 | +€165,058 | +2.3% |
| Fixed assets | 21/28 | €1,035,161 | €1,074,383 | +€39,223 | +3.8% |
| Intangible fixed assets | 21 | - | €4,258 | +€4,258 | |
| Tangible fixed assets | 22/27 | €1,035,131 | €1,070,095 | +€34,964 | +3.4% |
| Land and buildings | 22 | €725,684 | €744,465 | +€18,781 | +2.6% |
| Plant, machinery and equipment | 23 | €132,200 | €114,584 | -€17,616 | -13.3% |
| Furniture and vehicles | 24 | €177,247 | €211,046 | +€33,799 | +19.1% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Other financial fixed assets | 284/8 | €30 | €30 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €6,051,868 | €6,177,703 | +€125,836 | +2.1% |
| Stocks and contracts in progress | 3 | €712,455 | €963,548 | +€251,093 | +35.2% |
| Stocks | 30/36 | €712,455 | €963,548 | +€251,093 | +35.2% |
| Raw materials and consumables | 30/31 | €31,195 | €9,666 | -€21,529 | -69.0% |
| Goods purchased for resale | 34 | €681,260 | €953,882 | +€272,622 | +40.0% |
| Amounts receivable within one year | 40/41 | €3,333,407 | €2,827,501 | -€505,906 | -15.2% |
| Trade receivables | 40 | €2,593,158 | €2,333,762 | -€259,396 | -10.0% |
| Other amounts receivable | 41 | €740,249 | €493,739 | -€246,510 | -33.3% |
| Current investments | 50/53 | €1,028,835 | - | -€1.0m | |
| Other investments | 51/53 | €1,028,835 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €934,738 | €2,341,833 | +€1.4m | +151% |
| Deferred charges and accrued income | 490/1 | €42,433 | €44,821 | +€2,388 | +5.6% |
| Total equity and liabilities | 10/49 | €7,087,029 | €7,252,087 | +€165,058 | +2.3% |
| Equity | 10/15 | €6,697,359 | €6,769,371 | +€72,013 | +1.1% |
| Contributions | 10/11 | €870,250 | €870,250 | = | 0.0% |
| Capital | 10 | €870,250 | €870,250 | = | 0.0% |
| Issued capital | 100 | €870,250 | €870,250 | = | 0.0% |
| Reserves | 13 | €5,749,617 | €5,851,078 | +€101,461 | +1.8% |
| Non-distributable reserves | 130/1 | €87,025 | €87,025 | = | 0.0% |
| Legal reserve | 130 | €87,025 | €87,025 | = | 0.0% |
| Distributable reserves | 133 | €5,662,592 | €5,764,053 | +€101,461 | +1.8% |
| Profit (loss) carried forward | 14 | €77,492 | €48,043 | -€29,449 | -38.0% |
| Amounts payable | 17/49 | €389,670 | €482,715 | +€93,046 | +23.9% |
| Amounts payable within one year | 42/48 | €389,670 | €482,715 | +€93,046 | +23.9% |
| Trade debts | 44 | €185,346 | €251,421 | +€66,076 | +35.7% |
| Suppliers | 440/4 | €185,346 | €251,421 | +€66,076 | +35.7% |
| Taxes, remuneration and social security | 45 | €24,324 | €22,535 | -€1,790 | -7.4% |
| Taxes | 450/3 | - | €1,242 | +€1,242 | |
| Remuneration and social security | 454/9 | €24,324 | €21,293 | -€3,032 | -12.5% |
| Other amounts payable | 47/48 | €180,000 | €208,759 | +€28,759 | +16.0% |
| Operating income | 70/76A | €19,840,115 | €19,081,126 | -€758,989 | -3.8% |
| Turnover | 70 | €19,817,002 | €19,043,045 | -€773,956 | -3.9% |
| Other operating income | 74 | €23,114 | €38,081 | +€14,968 | +64.8% |
| Operating charges | 60/66A | €19,949,831 | €18,955,483 | -€994,348 | -5.0% |
| Goods for resale, raw materials and consumables | 60 | €18,309,438 | €17,295,917 | -€1.0m | -5.5% |
| Purchases | 600/8 | €18,669,996 | €17,547,010 | -€1.1m | -6.0% |
| Change in stocks: decrease (increase) | 609 | -€360,558 | -€251,093 | +€109,465 | +30.4% |
| Services and other goods | 61 | €1,044,311 | €1,052,946 | +€8,635 | +0.8% |
| Remuneration, social security and pensions | 62 | €325,296 | €356,187 | +€30,891 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,145 | €169,622 | +€6,478 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €91,186 | €42,743 | -€48,443 | -53.1% |
| Other operating charges | 640/8 | €10,488 | €37,703 | +€27,215 | +259% |
| Non-recurring operating charges | 66A | €5,968 | €365 | -€5,603 | -93.9% |
| Operating profit (loss) | 9901 | -€109,716 | €125,643 | +€235,359 | |
| Financial income | 75/76B | €195,512 | €181,139 | -€14,373 | -7.4% |
| Recurring financial income | 75 | €195,512 | €181,139 | -€14,373 | -7.4% |
| Income from financial fixed assets | 750 | €18,651 | - | -€18,651 | |
| Other financial income | 752/9 | €176,861 | €181,139 | +€4,278 | +2.4% |
| Financial charges | 65/66B | €8,304 | €4,614 | -€3,690 | -44.4% |
| Recurring financial charges | 65 | €8,304 | €4,614 | -€3,690 | -44.4% |
| Other financial charges | 652/9 | €8,304 | €4,614 | -€3,690 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €77,492 | €302,168 | +€224,676 | +290% |
| Income taxes | 67/77 | - | €21,396 | +€21,396 | |
| Taxes | 670/3 | - | €21,396 | +€21,396 | |
| Profit (loss) for the period | 9904 | €77,492 | €280,772 | +€203,280 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €77,492 | €280,772 | +€203,280 | +262% |
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 31 October 2026 via checked.be.