DFM SAVEURS: 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
DFM SAVEURS
NACE 10.200, Manufacture of food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.1m
2024 · -€891,773-€219,214
Equity
€1.3m
2024 · €2.4m-€1.1m
Cash
€53,513
2024 · €166,560-€113,047
Balance sheet total
€8.1m
2024 · €9.4m-€1.3m
Largest movements
Assets
- Receivables within one year -€2.1m
down €2.1m (-46.7%), from €4.4m to €2.4m
of which Trade receivables: -€2.6m
- Stocks and contracts +€702,816
up €702,816 (+42.2%), from €1.7m to €2.4m
- Tangible fixed assets -€174,159
down €174,159 (-6.3%), from €2.8m to €2.6m
of which Assets under construction and advance payments: -€472,120
- Intangible fixed assets +€173,702
up €173,702 (+66.9%), from €259,810 to €433,512
- Deferred charges and accrued income +€150,605
up €150,605 (+133.1%), from €113,177 to €263,782
Equity and liabilities
- Short-term financial debts -€2.2m
no longer reported in 2025 (was €2.2m)
- Trade debts +€1.6m
up €1.6m (+115.6%), from €1.4m to €3.0m
- Profit (loss) carried forward -€1.1m
down €1.1m (-103.5%), from -€1.1m to -€2.2m
- Tax, wage and social debts +€433,020
up €433,020 (+70.7%), from €612,175 to €1.0m
of which Remuneration and social security: +€433,468
- Current portion of long-term debt +€122,671
up €122,671 (+31.0%), from €395,967 to €518,638
Income statement
- Turnover +€26.7m
new in 2025: €26.7m
- Goods and materials +€21.0m
new in 2025: €21.0m
of which Purchases: +€21.1m
- Services and other goods +€3.4m
new in 2025: €3.4m
- Gross operating margin -€2.3m
no longer reported in 2025 (was €2.3m)
- Staff costs +€617,461
up €617,461 (+26.2%), from €2.4m to €3.0m
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
-€891,773
Turnover
+€26.7m
Other operating income
+€49,709
Goods and materials
-€21.0m
Services and other goods
-€3.4m
Staff costs
-€617,461
Depreciation
-€311,286
Write-downs
-€10,056
Other operating charges
-€30,752
Other operating items
-€1.6m
Financial income
-€16
Financial charges
-€107,391
Taxes
-€1,211
Result 2025
-€1.1m
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
+€2.8m
Investment
-€707,470
Financing
-€2.2m
Cash 2024
€166,560
From operations (derived)
+€2.8m
Net result for the year
-€1.1m
Depreciation
+€709,706
Stocks and contracts
-€702,816
Receivables within one year
+€2.1m
Deferred charges and accrued income
-€150,605
Trade debts
+€1.6m
Tax, wage and social debts
+€433,020
Other debts
-€3,630
Accrued charges and deferred income
-€78,449
Investment (derived)
-€707,470
Investment in fixed assets (net)
-€707,470
Financing
-€2.2m
Debts after one year
-€71,738
Current portion of long-term debt
+€122,671
Short-term financial debts
-€2.2m
Contributions, distributions and other
-€7,238
Cash 2025
€53,513
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,418,633 | €8,101,134 | -€1.3m | -14.0% |
| Formation expenses | 20 | €8,059 | €6,134 | -€1,925 | -23.9% |
| Fixed assets | 21/28 | €3,057,579 | €3,057,268 | -€311 | 0.0% |
| Intangible fixed assets | 21 | €259,810 | €433,512 | +€173,702 | +66.9% |
| Tangible fixed assets | 22/27 | €2,773,149 | €2,598,990 | -€174,159 | -6.3% |
| Land and buildings | 22 | €460,024 | €419,561 | -€40,463 | -8.8% |
| Plant, machinery and equipment | 23 | €746,359 | €1,453,287 | +€706,928 | +94.7% |
| Furniture and vehicles | 24 | €73,919 | €76,692 | +€2,773 | +3.8% |
| Leasing and similar rights | 25 | €977,358 | €606,082 | -€371,277 | -38.0% |
| Assets under construction and advance payments | 27 | €515,488 | €43,368 | -€472,120 | -91.6% |
| Financial fixed assets | 28 | €24,621 | €24,767 | +€146 | +0.6% |
| Companies linked by participating interests | 282/3 | - | €1,000 | +€1,000 | |
| Participating interests | 282 | - | €1,000 | +€1,000 | |
| Other financial fixed assets | 284/8 | - | €23,767 | +€23,767 | |
| Amounts receivable and cash guarantees | 285/8 | - | €23,767 | +€23,767 | |
| Current assets | 29/58 | €6,352,995 | €5,037,731 | -€1.3m | -20.7% |
| Stocks and contracts in progress | 3 | €1,666,846 | €2,369,662 | +€702,816 | +42.2% |
| Stocks | 30/36 | €1,666,846 | €2,369,662 | +€702,816 | +42.2% |
| Raw materials and consumables | 30/31 | - | €418,449 | +€418,449 | |
| Finished goods | 33 | - | €1,653,538 | +€1.7m | |
| Goods purchased for resale | 34 | - | €297,675 | +€297,675 | |
| Amounts receivable within one year | 40/41 | €4,406,411 | €2,350,774 | -€2.1m | -46.7% |
| Trade receivables | 40 | €2,947,356 | €298,475 | -€2.6m | -89.9% |
| Other amounts receivable | 41 | €1,459,055 | €2,052,299 | +€593,244 | +40.7% |
| Cash at bank and in hand | 54/58 | €166,560 | €53,513 | -€113,047 | -67.9% |
| Deferred charges and accrued income | 490/1 | €113,177 | €263,782 | +€150,605 | +133.1% |
| Total equity and liabilities | 10/49 | €9,418,633 | €8,101,134 | -€1.3m | -14.0% |
| Equity | 10/15 | €2,390,621 | €1,272,396 | -€1.1m | -46.8% |
| Contributions | 10/11 | €3,364,398 | €3,364,398 | = | 0.0% |
| Capital | 10 | €3,364,398 | €3,364,398 | = | 0.0% |
| Issued capital | 100 | €3,364,398 | €3,364,398 | = | 0.0% |
| Reserves | 13 | €7,200 | €7,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,072,909 | -€2,183,896 | -€1.1m | -103.5% |
| Investment grants | 15 | €91,933 | €84,695 | -€7,238 | -7.9% |
| Amounts payable | 17/49 | €7,028,012 | €6,828,738 | -€199,274 | -2.8% |
| Amounts payable after more than one year | 17 | €2,210,155 | €2,138,417 | -€71,738 | -3.2% |
| Financial debts | 170/4 | €2,210,155 | €2,138,417 | -€71,738 | -3.2% |
| Subordinated loans | 170 | - | €147,122 | +€147,122 | |
| Leasing and similar obligations | 172 | - | €267,548 | +€267,548 | |
| Credit institutions | 173 | - | €975,333 | +€975,333 | |
| Other loans | 174 | - | €748,413 | +€748,413 | |
| Amounts payable within one year | 42/48 | €4,671,999 | €4,622,912 | -€49,087 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €395,967 | €518,638 | +€122,671 | +31.0% |
| Financial debts | 43 | €2,233,776 | - | -€2.2m | |
| Credit institutions | 430/8 | €2,233,776 | - | -€2.2m | |
| Trade debts | 44 | €1,412,703 | €3,045,332 | +€1.6m | +115.6% |
| Suppliers | 440/4 | €1,412,703 | €3,045,332 | +€1.6m | +115.6% |
| Taxes, remuneration and social security | 45 | €612,175 | €1,045,195 | +€433,020 | +70.7% |
| Taxes | 450/3 | €39,456 | €39,008 | -€448 | -1.1% |
| Remuneration and social security | 454/9 | €572,719 | €1,006,187 | +€433,468 | +75.7% |
| Other amounts payable | 47/48 | €17,377 | €13,747 | -€3,630 | -20.9% |
| Accrued charges and deferred income | 492/3 | €145,858 | €67,409 | -€78,449 | -53.8% |
| Operating income | 70/76A | - | €27,332,785 | +€27.3m | |
| Turnover | 70 | - | €26,705,389 | +€26.7m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €547,687 | +€547,687 | |
| Own construction capitalised | 72 | - | €30,000 | +€30,000 | |
| Other operating income | 74 | - | €49,709 | +€49,709 | |
| Operating charges | 60/66A | - | €28,128,315 | +€28.1m | |
| Goods for resale, raw materials and consumables | 60 | - | €20,967,819 | +€21.0m | |
| Purchases | 600/8 | - | €21,118,650 | +€21.1m | |
| Change in stocks: decrease (increase) | 609 | - | -€150,831 | -€150,831 | |
| Services and other goods | 61 | - | €3,377,030 | +€3.4m | |
| Remuneration, social security and pensions | 62 | €2,357,917 | €2,975,379 | +€617,461 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398,420 | €709,706 | +€311,286 | +78.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,056 | +€10,056 | |
| Other operating charges | 640/8 | €15,618 | €46,370 | +€30,752 | +196.9% |
| Non-recurring operating charges | 66A | €257,981 | €41,955 | -€216,026 | -83.7% |
| Gross operating margin | 9900 | €2,345,001 | - | -€2.3m | |
| Operating profit (loss) | 9901 | -€684,934 | -€795,530 | -€110,595 | -16.1% |
| Financial income | 75/76B | €7,324 | €7,308 | -€16 | -0.2% |
| Recurring financial income | 75 | €7,324 | €7,308 | -€16 | -0.2% |
| Other financial income | 752/9 | - | €7,308 | +€7,308 | |
| Financial charges | 65/66B | €214,090 | €321,481 | +€107,391 | +50.2% |
| Recurring financial charges | 65 | €203,590 | €321,481 | +€117,891 | +57.9% |
| Debt charges | 650 | - | €302,940 | +€302,940 | |
| Other financial charges | 652/9 | - | €18,542 | +€18,542 | |
| Non-recurring financial charges | 66B | €10,500 | - | -€10,500 | |
| Profit (loss) for the period before taxes | 9903 | -€891,700 | -€1,109,703 | -€218,003 | -24.4% |
| Income taxes | 67/77 | €72 | €1,284 | +€1,211 | +1670.9% |
| Taxes | 670/3 | - | €1,284 | +€1,284 | |
| Profit (loss) for the period | 9904 | -€891,773 | -€1,110,987 | -€219,214 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€891,773 | -€1,110,987 | -€219,214 | -24.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.