FAZ 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.
FAZ FOOD
Largest movements
- Receivables after one year +€14,500
up €14,500 (+44.1%), from €32,859 to €47,359
of which Trade receivables: +€14,500
- Cash +€13,593
up €13,593 (+139%), from €9,749 to €23,342
mainly Net result for the year (+€14,544) and Depreciation (+€7,943)
- Receivables within one year +€3,302
up €3,302 (+128%), from €2,577 to €5,879
of which Trade receivables: +€3,231
- Tangible fixed assets +€3,172
up €3,172 (+24.0%), from €13,244 to €16,417
of which Furniture and vehicles: +€6,590
- Reserves +€14,500
up €14,500 (+45.3%), from €32,000 to €46,500
- Trade debts +€7,438
up €7,438 (+95.5%), from €7,785 to €15,223
- Tax, wage and social debts +€7,313
up €7,313 (+46.3%), from €15,800 to €23,114
of which Taxes: +€3,813
- Other debts +€5,000
up €5,000, from €0 to €5,000
- Gross operating margin -€7,127
down €7,127 (-14.9%), from €47,774 to €40,647
- Other operating charges +€5,044
up €5,044 (+909%), from €555 to €5,599
- Staff costs -€4,389
down €4,389 (-70.8%), from €6,198 to €1,810
- Taxes -€2,216
down €2,216 (-25.6%), from €8,641 to €6,425
- Depreciation +€1,859
up €1,859 (+30.5%), from €6,084 to €7,943
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,394 | €93,689 | +€34,295 | +57.7% |
| Fixed assets | 21/28 | €13,244 | €16,417 | +€3,172 | +24.0% |
| Tangible fixed assets | 22/27 | €13,244 | €16,417 | +€3,172 | +24.0% |
| Plant, machinery and equipment | 23 | €5,410 | €3,633 | -€1,777 | -32.8% |
| Furniture and vehicles | 24 | €3,304 | €9,894 | +€6,590 | +199% |
| Other tangible fixed assets | 26 | €4,529 | €2,889 | -€1,640 | -36.2% |
| Current assets | 29/58 | €46,149 | €77,272 | +€31,123 | +67.4% |
| Amounts receivable after more than one year | 29 | €32,859 | €47,359 | +€14,500 | +44.1% |
| Trade receivables | 290 | €32,000 | €46,500 | +€14,500 | +45.3% |
| Other amounts receivable | 291 | €859 | €859 | = | 0.0% |
| Stocks and contracts in progress | 3 | €964 | €693 | -€271 | -28.1% |
| Stocks | 30/36 | €964 | €693 | -€271 | -28.1% |
| Amounts receivable within one year | 40/41 | €2,577 | €5,879 | +€3,302 | +128% |
| Trade receivables | 40 | €453 | €3,684 | +€3,231 | +714% |
| Other amounts receivable | 41 | €2,124 | €2,195 | +€70 | +3.3% |
| Cash at bank and in hand | 54/58 | €9,749 | €23,342 | +€13,593 | +139% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €59,394 | €93,689 | +€34,295 | +57.7% |
| Equity | 10/15 | €35,808 | €50,352 | +€14,544 | +40.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €46,500 | +€14,500 | +45.3% |
| Distributable reserves | 133 | €32,000 | €46,500 | +€14,500 | +45.3% |
| Profit (loss) carried forward | 14 | €1,808 | €1,852 | +€44 | +2.4% |
| Amounts payable | 17/49 | €23,585 | €43,337 | +€19,751 | +83.7% |
| Amounts payable within one year | 42/48 | €23,585 | €43,337 | +€19,751 | +83.7% |
| Trade debts | 44 | €7,785 | €15,223 | +€7,438 | +95.5% |
| Suppliers | 440/4 | €7,785 | €15,223 | +€7,438 | +95.5% |
| Taxes, remuneration and social security | 45 | €15,800 | €23,114 | +€7,313 | +46.3% |
| Taxes | 450/3 | €15,800 | €19,614 | +€3,813 | +24.1% |
| Remuneration and social security | 454/9 | €0 | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €0 | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €6,198 | €1,810 | -€4,389 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,084 | €7,943 | +€1,859 | +30.5% |
| Other operating charges | 640/8 | €555 | €5,599 | +€5,044 | +909% |
| Gross operating margin | 9900 | €47,774 | €40,647 | -€7,127 | -14.9% |
| Operating profit (loss) | 9901 | €34,937 | €25,296 | -€9,641 | -27.6% |
| Financial income | 75/76B | €28 | €0 | -€28 | -100% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -100% |
| Financial charges | 65/66B | €3,244 | €4,327 | +€1,084 | +33.4% |
| Recurring financial charges | 65 | €3,244 | €4,327 | +€1,084 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €31,721 | €20,969 | -€10,753 | -33.9% |
| Income taxes | 67/77 | €8,641 | €6,425 | -€2,216 | -25.6% |
| Profit (loss) for the period | 9904 | €23,080 | €14,544 | -€8,536 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,080 | €14,544 | -€8,536 | -37.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.