BERNARD GOTTA: 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
BERNARD GOTTA
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€261,883
2023 · -€348,104+€609,987
Equity
€5.0m
2023 · €4.8m+€260,288
Cash
€1.1m
2023 · €931,947+€158,384
Balance sheet total
€11.8m
2023 · €10.5m+€1.2m
Largest movements
Assets
- Receivables within one year +€699,256
up €699,256 (+10.6%), from €6.6m to €7.3m
of which Trade receivables: +€1.1m
- Financial fixed assets +€255,490
up €255,490 (+45.9%), from €556,186 to €811,676
of which Affiliated companies: +€255,490
- Cash +€158,384
up €158,384 (+17.0%), from €931,947 to €1.1m
mainly Trade debts (+€1.3m) and Depreciation (+€570,206)
- Stocks and contracts +€126,796
up €126,796 (+39.1%), from €324,199 to €450,994
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+35.2%), from €3.6m to €4.9m
- Debts after one year -€319,741
down €319,741 (-50.3%), from €636,005 to €316,264
- Reserves +€261,883
up €261,883 (+5.9%), from €4.5m to €4.7m
of which Distributable reserves: +€261,883
Income statement
- Goods and materials +€4.4m
up €4.4m (+12.0%), from €36.3m to €40.7m
of which Purchases: +€4.6m
- Turnover +€3.7m
up €3.7m (+8.2%), from €45.2m to €48.9m
- Other operating charges -€1.9m
down €1.9m (-89.5%), from €2.1m to €223,884
From the 2023 result to the 2024 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 2023
-€348,104
Turnover
+€3.7m
Other operating income
-€3,809
Goods and materials
-€4.4m
Services and other goods
-€405,088
Staff costs
+€47,309
Depreciation
-€34,210
Write-downs
+€337,780
Other operating charges
+€1.9m
Other operating items
-€134,835
Financial income
+€31,718
Financial charges
-€318,058
Taxes
-€166,327
Deferred taxes and other
+€2
Result 2024
€261,883
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.3m
Investment
-€836,034
Financing
-€323,050
Cash 2023
€931,947
From operations (derived)
+€1.3m
Net result for the year
+€261,883
Depreciation
+€570,206
Stocks and contracts
-€126,796
Receivables within one year
-€699,256
Deferred charges and accrued income
+€5,529
Smaller working-capital items
+€688
Trade debts
+€1.3m
Tax, wage and social debts
+€26,812
Investment (derived)
-€836,034
Investment in fixed assets (net)
-€836,034
Financing
-€323,050
Debts after one year
-€319,741
Current portion of long-term debt
-€1,714
Contributions, distributions and other
-€1,595
Cash 2024
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,523,486 | €11,768,220 | +€1.2m | +11.8% |
| Fixed assets | 21/28 | €2,472,997 | €2,738,824 | +€265,827 | +10.7% |
| Intangible fixed assets | 21 | €462,192 | €414,709 | -€47,482 | -10.3% |
| Tangible fixed assets | 22/27 | €1,454,619 | €1,512,438 | +€57,819 | +4.0% |
| Land and buildings | 22 | €594,501 | €647,439 | +€52,938 | +8.9% |
| Plant, machinery and equipment | 23 | €48,503 | €99,119 | +€50,616 | +104% |
| Furniture and vehicles | 24 | €570,167 | €662,052 | +€91,885 | +16.1% |
| Leasing and similar rights | 25 | €219,829 | €86,179 | -€133,650 | -60.8% |
| Assets under construction and advance payments | 27 | €21,619 | €17,650 | -€3,969 | -18.4% |
| Financial fixed assets | 28 | €556,186 | €811,676 | +€255,490 | +45.9% |
| Affiliated companies | 280/1 | €550,000 | €805,490 | +€255,490 | +46.5% |
| Amounts receivable | 281 | €550,000 | €805,490 | +€255,490 | +46.5% |
| Other financial fixed assets | 284/8 | €6,186 | €6,186 | = | 0.0% |
| Shares | 284 | €3,099 | €3,099 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,087 | €3,087 | = | 0.0% |
| Current assets | 29/58 | €8,050,489 | €9,029,396 | +€978,906 | +12.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €324,199 | €450,994 | +€126,796 | +39.1% |
| Stocks | 30/36 | €324,199 | €450,994 | +€126,796 | +39.1% |
| Goods purchased for resale | 34 | €324,199 | €450,994 | +€126,796 | +39.1% |
| Amounts receivable within one year | 40/41 | €6,591,324 | €7,290,581 | +€699,256 | +10.6% |
| Trade receivables | 40 | €6,164,399 | €7,265,954 | +€1.1m | +17.9% |
| Other amounts receivable | 41 | €426,925 | €24,627 | -€402,298 | -94.2% |
| Cash at bank and in hand | 54/58 | €931,947 | €1,090,331 | +€158,384 | +17.0% |
| Deferred charges and accrued income | 490/1 | €203,019 | €197,490 | -€5,529 | -2.7% |
| Total equity and liabilities | 10/49 | €10,523,486 | €11,768,220 | +€1.2m | +11.8% |
| Equity | 10/15 | €4,757,099 | €5,017,387 | +€260,288 | +5.5% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €4,450,297 | €4,712,180 | +€261,883 | +5.9% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,750 | €51,750 | = | 0.0% |
| Distributable reserves | 133 | €4,368,547 | €4,630,430 | +€261,883 | +6.0% |
| Investment grants | 15 | €6,802 | €5,207 | -€1,595 | -23.4% |
| Provisions and deferred taxes | 16 | €12 | €0 | -€12 | -100% |
| Deferred taxes | 168 | €12 | €0 | -€12 | -100% |
| Amounts payable | 17/49 | €5,766,375 | €6,750,833 | +€984,457 | +17.1% |
| Amounts payable after more than one year | 17 | €636,005 | €316,264 | -€319,741 | -50.3% |
| Financial debts | 170/4 | €636,005 | €316,264 | -€319,741 | -50.3% |
| Leasing and similar obligations | 172 | €86,036 | €0 | -€86,036 | -100% |
| Credit institutions | 173 | €549,969 | €316,264 | -€233,705 | -42.5% |
| Amounts payable within one year | 42/48 | €5,121,750 | €6,425,249 | +€1.3m | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €440,454 | €438,740 | -€1,714 | -0.4% |
| Financial debts | 43 | €700,000 | €700,000 | = | 0.0% |
| Credit institutions | 430/8 | €700,000 | €700,000 | = | 0.0% |
| Trade debts | 44 | €3,631,813 | €4,910,214 | +€1.3m | +35.2% |
| Suppliers | 440/4 | €3,631,813 | €4,910,214 | +€1.3m | +35.2% |
| Taxes, remuneration and social security | 45 | €348,980 | €375,792 | +€26,812 | +7.7% |
| Taxes | 450/3 | €92,541 | €241,947 | +€149,405 | +161% |
| Remuneration and social security | 454/9 | €256,438 | €133,845 | -€122,593 | -47.8% |
| Other amounts payable | 47/48 | €504 | €504 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,620 | €9,319 | +€699 | +8.1% |
| Operating income | 70/76A | €45,745,777 | €49,349,485 | +€3.6m | +7.9% |
| Turnover | 70 | €45,231,001 | €48,938,497 | +€3.7m | +8.2% |
| Other operating income | 74 | €394,253 | €390,444 | -€3,809 | -1.0% |
| Non-recurring operating income | 76A | €120,523 | €20,544 | -€99,978 | -83.0% |
| Operating charges | 60/66A | €46,033,336 | €48,574,393 | +€2.5m | +5.5% |
| Goods for resale, raw materials and consumables | 60 | €36,318,482 | €40,681,955 | +€4.4m | +12.0% |
| Purchases | 600/8 | €36,255,092 | €40,808,750 | +€4.6m | +12.6% |
| Change in stocks: decrease (increase) | 609 | €63,390 | -€126,796 | -€190,186 | |
| Services and other goods | 61 | €4,753,589 | €5,158,676 | +€405,088 | +8.5% |
| Remuneration, social security and pensions | 62 | €1,696,975 | €1,649,666 | -€47,309 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535,996 | €570,206 | +€34,210 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €592,929 | €255,149 | -€337,780 | -57.0% |
| Other operating charges | 640/8 | €2,135,365 | €223,884 | -€1.9m | -89.5% |
| Non-recurring operating charges | 66A | - | €34,857 | +€34,857 | |
| Operating profit (loss) | 9901 | -€287,559 | €775,092 | +€1.1m | |
| Financial income | 75/76B | €5,145 | €36,863 | +€31,718 | +616% |
| Recurring financial income | 75 | €5,145 | €36,863 | +€31,718 | +616% |
| Income from financial fixed assets | 750 | €2,734 | €14,323 | +€11,588 | +424% |
| Income from current assets | 751 | €136 | €165 | +€29 | +21.7% |
| Other financial income | 752/9 | €2,275 | €22,375 | +€20,100 | +883% |
| Financial charges | 65/66B | €61,173 | €379,230 | +€318,058 | +520% |
| Recurring financial charges | 65 | €61,173 | €79,230 | +€18,058 | +29.5% |
| Debt charges | 650 | €52,722 | €65,329 | +€12,608 | +23.9% |
| Other financial charges | 652/9 | €8,451 | €13,901 | +€5,450 | +64.5% |
| Non-recurring financial charges | 66B | - | €300,000 | +€300,000 | |
| Profit (loss) for the period before taxes | 9903 | -€343,587 | €432,725 | +€776,312 | |
| Transfer from deferred taxes | 780 | €9 | €12 | +€2 | +25.0% |
| Income taxes | 67/77 | €4,526 | €170,854 | +€166,327 | +3,675% |
| Taxes | 670/3 | €4,617 | €170,854 | +€166,237 | +3,601% |
| Tax adjustments and reversals of tax provisions | 77 | €90 | €0 | -€90 | -100% |
| Profit (loss) for the period | 9904 | -€348,104 | €261,883 | +€609,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€348,104 | €261,883 | +€609,987 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.