FG 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.
FG FOOD
Largest movements
- Tangible fixed assets -€13,759
down €13,759 (-5.7%), from €240,357 to €226,599
of which Land and buildings: -€9,177
- Deferred charges and accrued income -€5,962
down €5,962 (-88.7%), from €6,720 to €758
- Intangible fixed assets -€5,000
down €5,000 (-53.8%), from €9,290 to €4,290
- Stocks and contracts -€4,242
down €4,242 (-7.6%), from €55,925 to €51,683
- Receivables within one year -€3,374
down €3,374 (-33.7%), from €10,013 to €6,639
of which Trade receivables: -€3,310
- Debts after one year -€52,650
down €52,650 (-22.1%), from €238,202 to €185,552
of which Other amounts payable: -€33,329
- Current portion of long-term debt +€19,711
up €19,711 (+101%), from €19,609 to €39,320
- Profit (loss) carried forward +€5,384
up €5,384, from -€4,876 to €508
- Trade debts -€4,129
down €4,129 (-9.3%), from €44,430 to €40,301
- Tax, wage and social debts -€3,390
down €3,390 (-12.7%), from €26,609 to €23,219
of which Remuneration and social security: -€4,078
- Gross operating margin +€9,137
up €9,137 (+8.6%), from €106,470 to €115,608
- Staff costs -€1,547
down €1,547 (-2.0%), from €76,916 to €75,368
- Other operating charges +€1,303
up €1,303 (+33.5%), from €3,895 to €5,198
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 | €334,437 | €301,940 | -€32,496 | -9.7% |
| Fixed assets | 21/28 | €250,147 | €231,388 | -€18,759 | -7.5% |
| Intangible fixed assets | 21 | €9,290 | €4,290 | -€5,000 | -53.8% |
| Tangible fixed assets | 22/27 | €240,357 | €226,599 | -€13,759 | -5.7% |
| Land and buildings | 22 | €232,726 | €223,549 | -€9,177 | -3.9% |
| Furniture and vehicles | 24 | €7,632 | €3,050 | -€4,582 | -60.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €84,290 | €70,552 | -€13,738 | -16.3% |
| Stocks and contracts in progress | 3 | €55,925 | €51,683 | -€4,242 | -7.6% |
| Stocks | 30/36 | €55,925 | €51,683 | -€4,242 | -7.6% |
| Amounts receivable within one year | 40/41 | €10,013 | €6,639 | -€3,374 | -33.7% |
| Trade receivables | 40 | €8,923 | €5,613 | -€3,310 | -37.1% |
| Other amounts receivable | 41 | €1,090 | €1,026 | -€64 | -5.9% |
| Cash at bank and in hand | 54/58 | €11,632 | €11,473 | -€159 | -1.4% |
| Deferred charges and accrued income | 490/1 | €6,720 | €758 | -€5,962 | -88.7% |
| Total equity and liabilities | 10/49 | €334,437 | €301,940 | -€32,496 | -9.7% |
| Equity | 10/15 | €5,124 | €10,508 | +€5,384 | +105% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,876 | €508 | +€5,384 | |
| Amounts payable | 17/49 | €329,313 | €291,432 | -€37,881 | -11.5% |
| Amounts payable after more than one year | 17 | €238,202 | €185,552 | -€52,650 | -22.1% |
| Financial debts | 170/4 | €162,791 | €143,470 | -€19,320 | -11.9% |
| Other amounts payable | 178/9 | €75,411 | €42,082 | -€33,329 | -44.2% |
| Amounts payable within one year | 42/48 | €90,648 | €105,367 | +€14,719 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €19,609 | €39,320 | +€19,711 | +101% |
| Financial debts | 43 | - | €2,362 | +€2,362 | |
| Credit institutions | 430/8 | - | €2,362 | +€2,362 | |
| Trade debts | 44 | €44,430 | €40,301 | -€4,129 | -9.3% |
| Suppliers | 440/4 | €44,430 | €40,301 | -€4,129 | -9.3% |
| Taxes, remuneration and social security | 45 | €26,609 | €23,219 | -€3,390 | -12.7% |
| Taxes | 450/3 | €6,544 | €7,232 | +€688 | +10.5% |
| Remuneration and social security | 454/9 | €20,064 | €15,986 | -€4,078 | -20.3% |
| Other amounts payable | 47/48 | - | €165 | +€165 | |
| Accrued charges and deferred income | 492/3 | €463 | €513 | +€50 | +10.9% |
| Remuneration, social security and pensions | 62 | €76,916 | €75,368 | -€1,547 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,738 | €21,859 | +€1,120 | +5.4% |
| Other operating charges | 640/8 | €3,895 | €5,198 | +€1,303 | +33.5% |
| Gross operating margin | 9900 | €106,470 | €115,608 | +€9,137 | +8.6% |
| Operating profit (loss) | 9901 | €4,921 | €13,183 | +€8,262 | +168% |
| Financial charges | 65/66B | €7,474 | €7,734 | +€259 | +3.5% |
| Recurring financial charges | 65 | €7,474 | €7,734 | +€259 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,553 | €5,449 | +€8,002 | |
| Income taxes | 67/77 | - | €65 | +€65 | |
| Profit (loss) for the period | 9904 | -€2,553 | €5,384 | +€7,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,553 | €5,384 | +€7,937 |
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 26 October 2026 via checked.be.