COLDMEAT: 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.
COLDMEAT
Largest movements
- Receivables within one year -€94,317
down €94,317 (-27.5%), from €342,610 to €248,293
of which Other amounts receivable: -€152,951
- Intangible fixed assets -€19,429
down €19,429 (-14.5%), from €134,350 to €114,921
- Profit (loss) carried forward -€141,999
down €141,999 (-85.1%), from €166,930 to €24,931
- Trade debts +€42,066
up €42,066 (+24.3%), from €173,093 to €215,159
- Tax, wage and social debts -€37,264
down €37,264 (-33.1%), from €112,620 to €75,356
of which Taxes: -€34,315
- Other debts +€26,548
new in 2024: €26,548
- Staff costs +€37,160
up €37,160 (+15.8%), from €235,863 to €273,023
- Depreciation +€20,061
up €20,061 (+228.9%), from €8,766 to €28,827
- Gross operating margin -€15,960
down €15,960 (-5.3%), from €299,635 to €283,676
- Taxes -€10,117
down €10,117 (-98.4%), from €10,277 to €160
- Financial income -€7,074
down €7,074 (-72.4%), from €9,771 to €2,697
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.
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,843 | €410,194 | -€110,649 | -21.2% |
| Fixed assets | 21/28 | €163,608 | €143,783 | -€19,825 | -12.1% |
| Intangible fixed assets | 21 | €134,350 | €114,921 | -€19,429 | -14.5% |
| Tangible fixed assets | 22/27 | €29,258 | €28,862 | -€396 | -1.4% |
| Plant, machinery and equipment | 23 | €27,712 | €27,804 | +€92 | +0.3% |
| Other tangible fixed assets | 26 | €1,546 | €1,058 | -€488 | -31.6% |
| Current assets | 29/58 | €357,235 | €266,411 | -€90,824 | -25.4% |
| Stocks and contracts in progress | 3 | €14,625 | €18,118 | +€3,493 | +23.9% |
| Stocks | 30/36 | €14,625 | €18,118 | +€3,493 | +23.9% |
| Amounts receivable within one year | 40/41 | €342,610 | €248,293 | -€94,317 | -27.5% |
| Trade receivables | 40 | €189,619 | €248,253 | +€58,634 | +30.9% |
| Other amounts receivable | 41 | €152,991 | €40 | -€152,951 | -100.0% |
| Total equity and liabilities | 10/49 | €520,843 | €410,194 | -€110,649 | -21.2% |
| Equity | 10/15 | €235,130 | €93,131 | -€141,999 | -60.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,930 | €24,931 | -€141,999 | -85.1% |
| Amounts payable | 17/49 | €285,713 | €317,063 | +€31,350 | +11.0% |
| Amounts payable within one year | 42/48 | €285,713 | €317,063 | +€31,350 | +11.0% |
| Trade debts | 44 | €173,093 | €215,159 | +€42,066 | +24.3% |
| Suppliers | 440/4 | €173,093 | €215,159 | +€42,066 | +24.3% |
| Taxes, remuneration and social security | 45 | €112,620 | €75,356 | -€37,264 | -33.1% |
| Taxes | 450/3 | €58,288 | €23,973 | -€34,315 | -58.9% |
| Remuneration and social security | 454/9 | €54,332 | €51,383 | -€2,949 | -5.4% |
| Other amounts payable | 47/48 | - | €26,548 | +€26,548 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €235,863 | €273,023 | +€37,160 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,766 | €28,827 | +€20,061 | +228.9% |
| Other operating charges | 640/8 | €139 | €429 | +€290 | +208.6% |
| Gross operating margin | 9900 | €299,635 | €283,676 | -€15,960 | -5.3% |
| Operating profit (loss) | 9901 | €54,868 | -€18,603 | -€73,471 | |
| Financial income | 75/76B | €9,771 | €2,697 | -€7,074 | -72.4% |
| Recurring financial income | 75 | €9,771 | €2,697 | -€7,074 | -72.4% |
| Financial charges | 65/66B | €132 | €933 | +€802 | +609.5% |
| Recurring financial charges | 65 | €132 | €819 | +€687 | +522.6% |
| Non-recurring financial charges | 66B | - | €114 | +€114 | |
| Profit (loss) for the period before taxes | 9903 | €64,507 | -€16,839 | -€81,346 | |
| Income taxes | 67/77 | €10,277 | €160 | -€10,117 | -98.4% |
| Profit (loss) for the period | 9904 | €54,230 | -€16,999 | -€71,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,230 | -€16,999 | -€71,229 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.