BLEIJENBERG: 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
BLEIJENBERG
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€70,520
2024 · €19,908+€50,612
Equity
€3.5m
2024 · €3.5m+€70,520
Cash
€223,789
2024 · €312,022-€88,233
Balance sheet total
€11.8m
2024 · €11.6m+€250,893
Largest movements
Assets
- Intangible fixed assets +€382,006
up €382,006 (+65.2%), from €585,813 to €967,819
- Tangible fixed assets -€320,478
down €320,478 (-15.0%), from €2.1m to €1.8m
of which Furniture and vehicles: -€201,651
- Receivables within one year +€141,000
up €141,000 (+2.0%), from €7.1m to €7.3m
of which Trade receivables: +€542,685
- Stocks and contracts +€134,862
up €134,862 (+10.7%), from €1.3m to €1.4m
Equity and liabilities
- Short-term financial debts +€449,763
up €449,763 (+23.1%), from €1.9m to €2.4m
of which Credit institutions: +€450,000
- Debts after one year -€159,222
down €159,222 (-18.6%), from €858,007 to €698,785
Income statement
- Turnover +€2.1m
up €2.1m (+4.1%), from €51.4m to €53.5m
- Goods and materials +€1.4m
up €1.4m (+3.4%), from €41.5m to €42.9m
of which Purchases: +€1.6m
- Services and other goods +€543,996
up €543,996 (+13.3%), from €4.1m to €4.6m
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
€19,908
Turnover
+€2.1m
Other operating income
+€11,115
Goods and materials
-€1.4m
Services and other goods
-€543,996
Staff costs
+€133,156
Depreciation
-€100,771
Write-downs
+€4,470
Other operating charges
-€66,605
Other operating items
-€5,179
Financial income
-€5,220
Financial charges
-€1,122
Taxes
-€54,323
Result 2025
€70,520
Cash bridge derived
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
+€385,321
Investment
-€741,650
Financing
+€268,096
Cash 2024
€312,022
From operations (derived)
+€385,321
Net result for the year
+€70,520
Depreciation
+€679,852
Stocks and contracts
-€134,862
Receivables within one year
-€141,000
Smaller working-capital items
-€627
Provisions
-€8,982
Trade debts
-€73,651
Accrued charges and deferred income
-€5,929
Investment (derived)
-€741,650
Investment in fixed assets (net)
-€741,650
Financing
+€268,096
Debts after one year
-€159,222
Current portion of long-term debt
-€22,445
Short-term financial debts
+€449,763
Cash 2025
€223,789
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,554,621 | €11,805,514 | +€250,893 | +2.2% |
| Fixed assets | 21/28 | €2,731,912 | €2,793,710 | +€61,798 | +2.3% |
| Intangible fixed assets | 21 | €585,813 | €967,819 | +€382,006 | +65.2% |
| Tangible fixed assets | 22/27 | €2,140,045 | €1,819,567 | -€320,478 | -15.0% |
| Land and buildings | 22 | €865,573 | €791,431 | -€74,143 | -8.6% |
| Plant, machinery and equipment | 23 | €101,318 | €62,453 | -€38,865 | -38.4% |
| Furniture and vehicles | 24 | €1,159,423 | €957,772 | -€201,651 | -17.4% |
| Leasing and similar rights | 25 | €3,889 | €0 | -€3,889 | -100.0% |
| Other tangible fixed assets | 26 | €9,842 | €7,911 | -€1,930 | -19.6% |
| Financial fixed assets | 28 | €6,054 | €6,324 | +€270 | +4.5% |
| Other financial fixed assets | 284/8 | €6,054 | €6,324 | +€270 | +4.5% |
| Amounts receivable and cash guarantees | 285/8 | €6,054 | €6,324 | +€270 | +4.5% |
| Current assets | 29/58 | €8,822,709 | €9,011,805 | +€189,096 | +2.1% |
| Stocks and contracts in progress | 3 | €1,259,410 | €1,394,273 | +€134,862 | +10.7% |
| Stocks | 30/36 | €1,259,410 | €1,394,273 | +€134,862 | +10.7% |
| Goods purchased for resale | 34 | €1,259,410 | €1,394,273 | +€134,862 | +10.7% |
| Amounts receivable within one year | 40/41 | €7,137,820 | €7,278,821 | +€141,000 | +2.0% |
| Trade receivables | 40 | €6,184,573 | €6,727,258 | +€542,685 | +8.8% |
| Other amounts receivable | 41 | €953,248 | €551,562 | -€401,685 | -42.1% |
| Cash at bank and in hand | 54/58 | €312,022 | €223,789 | -€88,233 | -28.3% |
| Deferred charges and accrued income | 490/1 | €113,457 | €114,922 | +€1,465 | +1.3% |
| Total equity and liabilities | 10/49 | €11,554,621 | €11,805,514 | +€250,893 | +2.2% |
| Equity | 10/15 | €3,451,497 | €3,522,018 | +€70,520 | +2.0% |
| Contributions | 10/11 | €129,726 | €129,726 | = | 0.0% |
| Capital | 10 | €129,726 | €129,726 | = | 0.0% |
| Issued capital | 100 | €129,726 | €129,726 | = | 0.0% |
| Reserves | 13 | €3,321,771 | €3,392,291 | +€70,520 | +2.1% |
| Non-distributable reserves | 130/1 | €16,470 | €16,470 | = | 0.0% |
| Legal reserve | 130 | €12,973 | €12,973 | = | 0.0% |
| Other | 1319 | €3,497 | €3,497 | = | 0.0% |
| Tax-exempt reserves | 132 | €160,429 | €133,483 | -€26,946 | -16.8% |
| Distributable reserves | 133 | €3,144,872 | €3,242,339 | +€97,467 | +3.1% |
| Provisions and deferred taxes | 16 | €49,401 | €40,419 | -€8,982 | -18.2% |
| Deferred taxes | 168 | €49,401 | €40,419 | -€8,982 | -18.2% |
| Amounts payable | 17/49 | €8,053,722 | €8,243,077 | +€189,355 | +2.4% |
| Amounts payable after more than one year | 17 | €858,007 | €698,785 | -€159,222 | -18.6% |
| Financial debts | 170/4 | €858,007 | €698,785 | -€159,222 | -18.6% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €858,007 | €698,785 | -€159,222 | -18.6% |
| Amounts payable within one year | 42/48 | €7,168,974 | €7,523,480 | +€354,506 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €373,638 | €351,194 | -€22,445 | -6.0% |
| Financial debts | 43 | €1,946,871 | €2,396,633 | +€449,763 | +23.1% |
| Credit institutions | 430/8 | €1,674,000 | €2,124,000 | +€450,000 | +26.9% |
| Other loans | 439 | €272,871 | €272,633 | -€237 | -0.1% |
| Trade debts | 44 | €4,155,181 | €4,081,530 | -€73,651 | -1.8% |
| Suppliers | 440/4 | €4,155,181 | €4,081,530 | -€73,651 | -1.8% |
| Taxes, remuneration and social security | 45 | €692,884 | €694,123 | +€1,239 | +0.2% |
| Taxes | 450/3 | €155,221 | €157,135 | +€1,914 | +1.2% |
| Remuneration and social security | 454/9 | €537,663 | €536,988 | -€675 | -0.1% |
| Other amounts payable | 47/48 | €400 | €0 | -€400 | -100.0% |
| Accrued charges and deferred income | 492/3 | €26,741 | €20,812 | -€5,929 | -22.2% |
| Operating income | 70/76A | €51,685,915 | €53,797,452 | +€2.1m | +4.1% |
| Turnover | 70 | €51,389,003 | €53,494,604 | +€2.1m | +4.1% |
| Other operating income | 74 | €291,733 | €302,848 | +€11,115 | +3.8% |
| Non-recurring operating income | 76A | €5,179 | €0 | -€5,179 | -100.0% |
| Operating charges | 60/66A | €51,457,552 | €53,457,811 | +€2.0m | +3.9% |
| Goods for resale, raw materials and consumables | 60 | €41,513,493 | €42,940,005 | +€1.4m | +3.4% |
| Purchases | 600/8 | €41,483,257 | €43,074,868 | +€1.6m | +3.8% |
| Change in stocks: decrease (increase) | 609 | €30,236 | -€134,862 | -€165,099 | |
| Services and other goods | 61 | €4,083,146 | €4,627,143 | +€543,996 | +13.3% |
| Remuneration, social security and pensions | 62 | €5,070,851 | €4,937,695 | -€133,156 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €579,081 | €679,852 | +€100,771 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €153,811 | €149,341 | -€4,470 | -2.9% |
| Other operating charges | 640/8 | €57,170 | €123,775 | +€66,605 | +116.5% |
| Operating profit (loss) | 9901 | €228,363 | €339,641 | +€111,278 | +48.7% |
| Financial income | 75/76B | €14,000 | €8,780 | -€5,220 | -37.3% |
| Recurring financial income | 75 | €14,000 | €8,780 | -€5,220 | -37.3% |
| Income from current assets | 751 | €11,850 | €8,780 | -€3,071 | -25.9% |
| Other financial income | 752/9 | €2,149 | €0 | -€2,149 | -100.0% |
| Financial charges | 65/66B | €169,907 | €171,029 | +€1,122 | +0.7% |
| Recurring financial charges | 65 | €169,907 | €171,029 | +€1,122 | +0.7% |
| Debt charges | 650 | €143,450 | €153,252 | +€9,802 | +6.8% |
| Other financial charges | 652/9 | €26,457 | €17,777 | -€8,680 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €72,456 | €177,392 | +€104,936 | +144.8% |
| Transfer from deferred taxes | 780 | €8,982 | €8,982 | -€0 | 0.0% |
| Income taxes | 67/77 | €61,530 | €115,853 | +€54,323 | +88.3% |
| Taxes | 670/3 | €61,857 | €115,853 | +€53,996 | +87.3% |
| Tax adjustments and reversals of tax provisions | 77 | €327 | €0 | -€327 | -100.0% |
| Profit (loss) for the period | 9904 | €19,908 | €70,520 | +€50,612 | +254.2% |
| Transfer from tax-exempt reserves | 789 | €26,946 | €26,946 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,854 | €97,467 | +€50,612 | +108.0% |
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 9 October 2026 via checked.be.