EZEL FRESH: 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.
EZEL FRESH
Largest movements
- Cash +€201,458
up €201,458 (+26.6%), from €757,710 to €959,168
mainly Net result for the year (+€214,916) and Tax, wage and social debts (+€53,632)
- Tangible fixed assets +€14,739
up €14,739 (+22.5%), from €65,516 to €80,255
of which Plant, machinery and equipment: +€10,409
- Profit (loss) carried forward +€214,916
up €214,916 (+33.5%), from €640,665 to €855,581
- Tax, wage and social debts +€53,632
up €53,632 (+58.8%), from €91,278 to €144,910
of which Taxes: +€73,636
- Trade debts -€50,072
down €50,072 (-41.2%), from €121,641 to €71,570
- Gross operating margin +€149,044
up €149,044 (+55.7%), from €267,577 to €416,621
- Taxes +€30,836
up €30,836 (+75.5%), from €40,830 to €71,665
- Financial income -€11,723
down €11,723 (-91.8%), from €12,764 to €1,041
- Staff costs +€11,325
up €11,325 (+12.1%), from €93,389 to €104,714
- Other operating charges +€4,350
up €4,350 (+51.8%), from €8,403 to €12,753
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 | €863,025 | €1,079,747 | +€216,722 | +25.1% |
| Fixed assets | 21/28 | €65,516 | €80,255 | +€14,739 | +22.5% |
| Tangible fixed assets | 22/27 | €65,516 | €80,255 | +€14,739 | +22.5% |
| Plant, machinery and equipment | 23 | €65,516 | €75,925 | +€10,409 | +15.9% |
| Furniture and vehicles | 24 | - | €4,331 | +€4,331 | |
| Current assets | 29/58 | €797,509 | €999,492 | +€201,983 | +25.3% |
| Stocks and contracts in progress | 3 | €39,700 | €39,700 | = | 0.0% |
| Stocks | 30/36 | €39,700 | €39,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €757,710 | €959,168 | +€201,458 | +26.6% |
| Deferred charges and accrued income | 490/1 | €99 | €624 | +€524 | +527% |
| Total equity and liabilities | 10/49 | €863,025 | €1,079,747 | +€216,722 | +25.1% |
| Equity | 10/15 | €642,165 | €857,081 | +€214,916 | +33.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €640,665 | €855,581 | +€214,916 | +33.5% |
| Amounts payable | 17/49 | €220,861 | €222,667 | +€1,806 | +0.8% |
| Amounts payable within one year | 42/48 | €220,861 | €222,667 | +€1,806 | +0.8% |
| Trade debts | 44 | €121,641 | €71,570 | -€50,072 | -41.2% |
| Suppliers | 440/4 | €121,641 | €71,570 | -€50,072 | -41.2% |
| Taxes, remuneration and social security | 45 | €91,278 | €144,910 | +€53,632 | +58.8% |
| Taxes | 450/3 | €59,000 | €132,637 | +€73,636 | +125% |
| Remuneration and social security | 454/9 | €32,277 | €12,273 | -€20,004 | -62.0% |
| Other amounts payable | 47/48 | €7,941 | €6,187 | -€1,754 | -22.1% |
| Remuneration, social security and pensions | 62 | €93,389 | €104,714 | +€11,325 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,636 | €9,226 | +€3,590 | +63.7% |
| Other operating charges | 640/8 | €8,403 | €12,753 | +€4,350 | +51.8% |
| Gross operating margin | 9900 | €267,577 | €416,621 | +€149,044 | +55.7% |
| Operating profit (loss) | 9901 | €160,148 | €289,928 | +€129,779 | +81.0% |
| Financial income | 75/76B | €12,764 | €1,041 | -€11,723 | -91.8% |
| Recurring financial income | 75 | €12,764 | €1,041 | -€11,723 | -91.8% |
| Financial charges | 65/66B | €3,078 | €4,387 | +€1,310 | +42.6% |
| Recurring financial charges | 65 | €3,078 | €4,387 | +€1,310 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €169,834 | €286,581 | +€116,747 | +68.7% |
| Income taxes | 67/77 | €40,830 | €71,665 | +€30,836 | +75.5% |
| Profit (loss) for the period | 9904 | €129,004 | €214,916 | +€85,911 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,004 | €214,916 | +€85,911 | +66.6% |
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 23 October 2026 via checked.be.