CEREAL KILLER: what changed
Two fiscal 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.
CEREAL KILLER
Largest movements
- Receivables within one year +€14,057
up €14,057 (+556.0%), from €2,528 to €16,585
of which Trade receivables: +€14,043
- Tangible fixed assets -€7,220
down €7,220 (-39.2%), from €18,408 to €11,188
of which Plant, machinery and equipment: -€6,231
- Formation expenses -€1,020
down €1,020 (-51.1%), from €1,996 to €976
- Intangible fixed assets -€385
down €385 (-54.2%), from €710 to €325
- Tax, wage and social debts +€16,278
up €16,278 (+86.1%), from €18,908 to €35,186
of which Taxes: +€16,778
- Short-term financial debts -€15,829
no longer reported in 2025 (was €15,829)
- Profit (loss) carried forward -€11,887
down €11,887 (-11.5%), from -€103,146 to -€115,033
- Other debts +€9,165
up €9,165 (+40.4%), from €22,667 to €31,832
- Current portion of long-term debt +€9,098
up €9,098 (+174.5%), from €5,215 to €14,312
- Staff costs -€60,067
no longer reported in 2025 (was €60,067)
- Gross operating margin -€34,552
down €34,552, from €33,487 to -€1,065
- Other operating charges -€3,090
down €3,090 (-86.4%), from €3,575 to €485
- Financial income +€859
new in 2025: €859
- Financial charges -€752
down €752 (-22.6%), from €3,323 to €2,571
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,060 | €29,338 | +€5,278 | +21.9% |
| Formation expenses | 20 | €1,996 | €976 | -€1,020 | -51.1% |
| Fixed assets | 21/28 | €19,118 | €11,513 | -€7,605 | -39.8% |
| Intangible fixed assets | 21 | €710 | €325 | -€385 | -54.2% |
| Tangible fixed assets | 22/27 | €18,408 | €11,188 | -€7,220 | -39.2% |
| Plant, machinery and equipment | 23 | €14,950 | €8,719 | -€6,231 | -41.7% |
| Furniture and vehicles | 24 | €583 | - | -€583 | |
| Other tangible fixed assets | 26 | €2,875 | €2,469 | -€406 | -14.1% |
| Current assets | 29/58 | €2,947 | €16,850 | +€13,903 | +471.8% |
| Amounts receivable within one year | 40/41 | €2,528 | €16,585 | +€14,057 | +556.0% |
| Trade receivables | 40 | - | €14,043 | +€14,043 | |
| Other amounts receivable | 41 | €2,528 | €2,542 | +€14 | +0.6% |
| Deferred charges and accrued income | 490/1 | €418 | €265 | -€153 | -36.7% |
| Total equity and liabilities | 10/49 | €24,060 | €29,338 | +€5,278 | +21.9% |
| Equity | 10/15 | -€93,146 | -€105,033 | -€11,887 | -12.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,146 | -€115,033 | -€11,887 | -11.5% |
| Amounts payable | 17/49 | €117,206 | €134,371 | +€17,165 | +14.6% |
| Amounts payable within one year | 42/48 | €117,206 | €134,371 | +€17,165 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €5,215 | €14,312 | +€9,098 | +174.5% |
| Financial debts | 43 | €15,829 | - | -€15,829 | |
| Credit institutions | 430/8 | €15,829 | - | -€15,829 | |
| Trade debts | 44 | €54,587 | €53,040 | -€1,547 | -2.8% |
| Suppliers | 440/4 | €54,587 | €53,040 | -€1,547 | -2.8% |
| Taxes, remuneration and social security | 45 | €18,908 | €35,186 | +€16,278 | +86.1% |
| Taxes | 450/3 | - | €16,778 | +€16,778 | |
| Remuneration and social security | 454/9 | €18,908 | €18,408 | -€500 | -2.6% |
| Other amounts payable | 47/48 | €22,667 | €31,832 | +€9,165 | +40.4% |
| Remuneration, social security and pensions | 62 | €60,067 | - | -€60,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €8,625 | -€554 | -6.0% |
| Other operating charges | 640/8 | €3,575 | €485 | -€3,090 | -86.4% |
| Gross operating margin | 9900 | €33,487 | -€1,065 | -€34,552 | |
| Operating profit (loss) | 9901 | -€39,335 | -€10,175 | +€29,160 | +74.1% |
| Financial income | 75/76B | - | €859 | +€859 | |
| Recurring financial income | 75 | - | €859 | +€859 | |
| Financial charges | 65/66B | €3,323 | €2,571 | -€752 | -22.6% |
| Recurring financial charges | 65 | €3,323 | €2,571 | -€752 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€42,658 | -€11,887 | +€30,771 | +72.1% |
| Profit (loss) for the period | 9904 | -€42,658 | -€11,887 | +€30,771 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,658 | -€11,887 | +€30,771 | +72.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.