COOK & MEAT: 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.
COOK & MEAT
Largest movements
- Receivables within one year -€33,432
down €33,432 (-46.2%), from €72,316 to €38,884
of which Trade receivables: -€23,779
- Tangible fixed assets -€22,750
down €22,750 (-7.2%), from €315,531 to €292,781
of which Land and buildings: -€16,937
- Cash -€10,209
down €10,209 (-48.9%), from €20,880 to €10,671
mainly Debts after one year (-€24,448) and Net result for the year (-€14,751)
- Stocks and contracts +€8,437
up €8,437 (+31.9%), from €26,481 to €34,918
- Debts after one year -€24,448
down €24,448 (-8.7%), from €279,437 to €254,988
- Profit (loss) carried forward -€14,751
down €14,751, from €0 to -€14,751
- Current portion of long-term debt -€12,057
down €12,057 (-36.7%), from €32,837 to €20,780
- Trade debts -€10,576
down €10,576 (-11.0%), from €96,042 to €85,465
- Gross operating margin -€43,192
down €43,192 (-29.0%), from €148,971 to €105,779
- Staff costs -€12,805
down €12,805 (-13.1%), from €97,691 to €84,886
- Depreciation -€5,966
down €5,966 (-20.8%), from €28,716 to €22,750
- Taxes -€2,102
down €2,102 (-100%), from €2,102 to €0
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,625 | €379,156 | -€57,469 | -13.2% |
| Fixed assets | 21/28 | €315,531 | €292,781 | -€22,750 | -7.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €315,531 | €292,781 | -€22,750 | -7.2% |
| Land and buildings | 22 | €292,533 | €275,596 | -€16,937 | -5.8% |
| Plant, machinery and equipment | 23 | €22,415 | €16,889 | -€5,526 | -24.7% |
| Furniture and vehicles | 24 | €582 | €295 | -€287 | -49.3% |
| Current assets | 29/58 | €121,095 | €86,375 | -€34,719 | -28.7% |
| Stocks and contracts in progress | 3 | €26,481 | €34,918 | +€8,437 | +31.9% |
| Stocks | 30/36 | €26,481 | €34,918 | +€8,437 | +31.9% |
| Amounts receivable within one year | 40/41 | €72,316 | €38,884 | -€33,432 | -46.2% |
| Trade receivables | 40 | €34,518 | €10,739 | -€23,779 | -68.9% |
| Other amounts receivable | 41 | €37,798 | €28,145 | -€9,653 | -25.5% |
| Cash at bank and in hand | 54/58 | €20,880 | €10,671 | -€10,209 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,417 | €1,901 | +€484 | +34.2% |
| Total equity and liabilities | 10/49 | €436,625 | €379,156 | -€57,469 | -13.2% |
| Equity | 10/15 | €13,900 | -€851 | -€14,751 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,900 | €3,900 | = | 0.0% |
| Distributable reserves | 133 | €3,900 | €3,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€14,751 | -€14,751 | |
| Amounts payable | 17/49 | €422,725 | €380,007 | -€42,718 | -10.1% |
| Amounts payable after more than one year | 17 | €279,437 | €254,988 | -€24,448 | -8.7% |
| Financial debts | 170/4 | €279,437 | €254,988 | -€24,448 | -8.7% |
| Amounts payable within one year | 42/48 | €143,289 | €125,019 | -€18,270 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €32,837 | €20,780 | -€12,057 | -36.7% |
| Trade debts | 44 | €96,042 | €85,465 | -€10,576 | -11.0% |
| Suppliers | 440/4 | €96,042 | €85,465 | -€10,576 | -11.0% |
| Taxes, remuneration and social security | 45 | €14,410 | €18,773 | +€4,363 | +30.3% |
| Taxes | 450/3 | €2,241 | €2,150 | -€91 | -4.1% |
| Remuneration and social security | 454/9 | €12,169 | €16,624 | +€4,454 | +36.6% |
| Non-recurring operating income | 76A | €4,880 | €0 | -€4,880 | -100% |
| Remuneration, social security and pensions | 62 | €97,691 | €84,886 | -€12,805 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,716 | €22,750 | -€5,966 | -20.8% |
| Other operating charges | 640/8 | €2,885 | €2,370 | -€515 | -17.8% |
| Gross operating margin | 9900 | €148,971 | €105,779 | -€43,192 | -29.0% |
| Operating profit (loss) | 9901 | €19,680 | -€4,227 | -€23,906 | |
| Financial income | 75/76B | €65 | €232 | +€166 | +254% |
| Recurring financial income | 75 | €65 | €232 | +€166 | +254% |
| Financial charges | 65/66B | €9,681 | €10,756 | +€1,075 | +11.1% |
| Recurring financial charges | 65 | €9,681 | €10,756 | +€1,075 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €10,064 | -€14,751 | -€24,815 | |
| Income taxes | 67/77 | €2,102 | €0 | -€2,102 | -100% |
| Profit (loss) for the period | 9904 | €7,962 | -€14,751 | -€22,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,962 | -€14,751 | -€22,713 |
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 17 October 2026 via checked.be.