E FOOD: 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.
E FOOD
Largest movements
- Tangible fixed assets +€33,084
up €33,084 (+78.9%), from €41,929 to €75,013
of which Furniture and vehicles: +€49,643
- Cash +€10,884
up €10,884 (+677%), from €1,608 to €12,492
mainly Debts after one year (+€21,088) and Depreciation (+€15,055)
- Debts after one year +€21,088
up €21,088 (+62.6%), from €33,675 to €54,763
- Current portion of long-term debt +€8,375
up €8,375 (+112%), from €7,474 to €15,849
- Profit (loss) carried forward +€6,592
up €6,592, from -€4,961 to €1,631
- Trade debts +€3,987
up €3,987 (+274%), from €1,455 to €5,442
- Other debts +€2,603
up €2,603 (+26.1%), from €9,977 to €12,580
- Gross operating margin +€37,147
up €37,147 (+6,072%), from €612 to €37,759
- Depreciation +€11,897
up €11,897 (+377%), from €3,158 to €15,055
- Staff costs +€5,666
up €5,666 (+890%), from €637 to €6,302
- Financial charges +€4,799
up €4,799 (+341%), from €1,409 to €6,208
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 | €50,621 | €93,874 | +€43,253 | +85.4% |
| Formation expenses | 20 | €1,854 | €1,403 | -€451 | -24.3% |
| Fixed assets | 21/28 | €41,929 | €75,013 | +€33,084 | +78.9% |
| Tangible fixed assets | 22/27 | €41,929 | €75,013 | +€33,084 | +78.9% |
| Furniture and vehicles | 24 | - | €49,643 | +€49,643 | |
| Leasing and similar rights | 25 | €41,929 | €25,370 | -€16,559 | -39.5% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €6,838 | €17,458 | +€10,620 | +155% |
| Amounts receivable within one year | 40/41 | €5,031 | €4,848 | -€183 | -3.6% |
| Trade receivables | 40 | €4,569 | €3,964 | -€605 | -13.2% |
| Other amounts receivable | 41 | €461 | €883 | +€422 | +91.6% |
| Cash at bank and in hand | 54/58 | €1,608 | €12,492 | +€10,884 | +677% |
| Deferred charges and accrued income | 490/1 | €199 | €118 | -€81 | -40.6% |
| Total equity and liabilities | 10/49 | €50,621 | €93,874 | +€43,253 | +85.4% |
| Equity | 10/15 | -€1,961 | €4,631 | +€6,592 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,961 | €1,631 | +€6,592 | |
| Amounts payable | 17/49 | €52,581 | €89,243 | +€36,661 | +69.7% |
| Amounts payable after more than one year | 17 | €33,675 | €54,763 | +€21,088 | +62.6% |
| Financial debts | 170/4 | €33,675 | €54,763 | +€21,088 | +62.6% |
| Amounts payable within one year | 42/48 | €18,906 | €34,479 | +€15,574 | +82.4% |
| Current portion of amounts payable after more than one year | 42 | €7,474 | €15,849 | +€8,375 | +112% |
| Trade debts | 44 | €1,455 | €5,442 | +€3,987 | +274% |
| Suppliers | 440/4 | €1,455 | €5,442 | +€3,987 | +274% |
| Taxes, remuneration and social security | 45 | - | €608 | +€608 | |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | - | €608 | +€608 | |
| Other amounts payable | 47/48 | €9,977 | €12,580 | +€2,603 | +26.1% |
| Remuneration, social security and pensions | 62 | €637 | €6,302 | +€5,666 | +890% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,158 | €15,055 | +€11,897 | +377% |
| Other operating charges | 640/8 | €370 | €306 | -€64 | -17.2% |
| Non-recurring operating charges | 66A | - | €3,302 | +€3,302 | |
| Gross operating margin | 9900 | €612 | €37,759 | +€37,147 | +6,072% |
| Operating profit (loss) | 9901 | -€3,552 | €12,794 | +€16,346 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,409 | €6,208 | +€4,799 | +341% |
| Recurring financial charges | 65 | €1,409 | €6,208 | +€4,799 | +341% |
| Profit (loss) for the period before taxes | 9903 | -€4,961 | €6,592 | +€11,553 | |
| Profit (loss) for the period | 9904 | -€4,961 | €6,592 | +€11,553 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,961 | €6,592 | +€11,553 |
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 20 October 2026 via checked.be.