CONDI - PLANTS: 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.
What changed
CONDI - PLANTS
NACE 10.311, Manufacture of food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,197
2024 · €41,165-€25,968
Equity
€847,566
2024 · €836,288+€11,277
Cash
€213,398
2024 · €133,760+€79,639
Balance sheet total
€2.2m
2024 · €2.4m-€134,266
Largest movements
Assets
- Tangible fixed assets -€104,723
down €104,723 (-10.0%), from €1.0m to €940,443
of which Plant, machinery and equipment: -€72,707
- Receivables within one year -€103,095
down €103,095 (-9.6%), from €1.1m to €970,746
of which Trade receivables: -€70,807
- Cash +€79,639
up €79,639 (+59.5%), from €133,760 to €213,398
mainly Depreciation (+€199,420) and Debts after one year (+€131,774)
Equity and liabilities
- Trade debts -€260,462
down €260,462 (-47.4%), from €549,383 to €288,921
- Debts after one year +€131,774
up €131,774 (+17.3%), from €762,449 to €894,223
- Current portion of long-term debt -€39,527
down €39,527 (-22.3%), from €177,277 to €137,750
Income statement
- Depreciation +€16,686
up €16,686 (+9.1%), from €182,734 to €199,420
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
€41,165
Gross operating margin
-€1,813
Staff costs
-€6,417
Depreciation
-€16,686
Other operating charges
-€11
Financial income
+€8
Financial charges
-€1,049
Result 2025
€15,197
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
+€82,344
Investment
-€94,697
Financing
+€91,991
Cash 2024
€133,760
From operations (derived)
+€82,344
Net result for the year
+€15,197
Depreciation
+€199,420
Stocks and contracts
+€7,224
Receivables within one year
+€103,095
Deferred charges and accrued income
-€1,138
Trade debts
-€260,462
Tax, wage and social debts
+€17,760
Accrued charges and deferred income
+€1,248
Investment (derived)
-€94,697
Investment in fixed assets (net)
-€94,697
Financing
+€91,991
Debts after one year
+€131,774
Current portion of long-term debt
-€39,527
Short-term financial debts
+€3,664
Contributions, distributions and other
-€3,920
Cash 2025
€213,398
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,376,003 | €2,241,738 | -€134,266 | -5.7% |
| Fixed assets | 21/28 | €1,047,186 | €942,463 | -€104,723 | -10.0% |
| Tangible fixed assets | 22/27 | €1,045,167 | €940,443 | -€104,723 | -10.0% |
| Land and buildings | 22 | €660,447 | €629,081 | -€31,366 | -4.7% |
| Plant, machinery and equipment | 23 | €384,070 | €311,363 | -€72,707 | -18.9% |
| Furniture and vehicles | 24 | €650 | - | -€650 | |
| Financial fixed assets | 28 | €2,020 | €2,020 | = | 0.0% |
| Current assets | 29/58 | €1,328,817 | €1,299,274 | -€29,542 | -2.2% |
| Stocks and contracts in progress | 3 | €111,814 | €104,590 | -€7,224 | -6.5% |
| Stocks | 30/36 | €111,814 | €104,590 | -€7,224 | -6.5% |
| Amounts receivable within one year | 40/41 | €1,073,841 | €970,746 | -€103,095 | -9.6% |
| Trade receivables | 40 | €1,030,958 | €960,150 | -€70,807 | -6.9% |
| Other amounts receivable | 41 | €42,883 | €10,595 | -€32,288 | -75.3% |
| Cash at bank and in hand | 54/58 | €133,760 | €213,398 | +€79,639 | +59.5% |
| Deferred charges and accrued income | 490/1 | €9,402 | €10,540 | +€1,138 | +12.1% |
| Total equity and liabilities | 10/49 | €2,376,003 | €2,241,738 | -€134,266 | -5.7% |
| Equity | 10/15 | €836,288 | €847,566 | +€11,277 | +1.3% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €21,286 | €21,286 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,091 | €21,091 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,091 | €21,091 | = | 0.0% |
| Distributable reserves | 133 | €195 | €195 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,362 | €391,559 | +€15,197 | +4.0% |
| Investment grants | 15 | €66,640 | €62,720 | -€3,920 | -5.9% |
| Amounts payable | 17/49 | €1,539,715 | €1,394,172 | -€145,543 | -9.5% |
| Amounts payable after more than one year | 17 | €762,449 | €894,223 | +€131,774 | +17.3% |
| Financial debts | 170/4 | €762,449 | €894,223 | +€131,774 | +17.3% |
| Amounts payable within one year | 42/48 | €776,927 | €498,362 | -€278,565 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €177,277 | €137,750 | -€39,527 | -22.3% |
| Financial debts | 43 | - | €3,664 | +€3,664 | |
| Credit institutions | 430/8 | - | €3,664 | +€3,664 | |
| Trade debts | 44 | €549,383 | €288,921 | -€260,462 | -47.4% |
| Suppliers | 440/4 | €549,383 | €288,921 | -€260,462 | -47.4% |
| Taxes, remuneration and social security | 45 | €50,241 | €68,001 | +€17,760 | +35.3% |
| Taxes | 450/3 | €50,241 | €32,683 | -€17,558 | -34.9% |
| Remuneration and social security | 454/9 | - | €35,318 | +€35,318 | |
| Other amounts payable | 47/48 | €26 | €26 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €339 | €1,587 | +€1,248 | +368.7% |
| Non-recurring operating income | 76A | €4,959 | - | -€4,959 | |
| Remuneration, social security and pensions | 62 | €397,404 | €403,821 | +€6,417 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,734 | €199,420 | +€16,686 | +9.1% |
| Other operating charges | 640/8 | €28,789 | €28,800 | +€11 | 0.0% |
| Gross operating margin | 9900 | €668,154 | €666,341 | -€1,813 | -0.3% |
| Operating profit (loss) | 9901 | €59,227 | €34,300 | -€24,927 | -42.1% |
| Financial income | 75/76B | €3,922 | €3,930 | +€8 | +0.2% |
| Recurring financial income | 75 | €3,922 | €3,930 | +€8 | +0.2% |
| Financial charges | 65/66B | €21,984 | €23,033 | +€1,049 | +4.8% |
| Recurring financial charges | 65 | €21,984 | €23,033 | +€1,049 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €41,165 | €15,197 | -€25,968 | -63.1% |
| Profit (loss) for the period | 9904 | €41,165 | €15,197 | -€25,968 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,165 | €15,197 | -€25,968 | -63.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.