FINE TO MEAT U: 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.
FINE TO MEAT U
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€220,584
up €220,584 (+5.8%), from €3.8m to €4.0m
- Debts after one year -€140,829
down €140,829 (-6.5%), from €2.2m to €2.0m
of which Other amounts payable: -€140,829
- Financial income +€99,993
up €99,993 (+66,925%), from €149 to €100,143
- Gross operating margin +€23,123
up €23,123 (+14.0%), from €165,014 to €188,137
- Taxes +€5,837
up €5,837 (+20.5%), from €28,527 to €34,364
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 | €6,102,674 | €6,189,589 | +€86,915 | +1.4% |
| Fixed assets | 21/28 | €5,998,971 | €5,998,971 | = | 0.0% |
| Financial fixed assets | 28 | €5,998,971 | €5,998,971 | = | 0.0% |
| Current assets | 29/58 | €103,703 | €190,617 | +€86,915 | +83.8% |
| Amounts receivable after more than one year | 29 | €3,689 | €30,845 | +€27,156 | +736% |
| Other amounts receivable | 291 | €3,689 | €30,845 | +€27,156 | +736% |
| Amounts receivable within one year | 40/41 | €8,727 | €39,018 | +€30,291 | +347% |
| Trade receivables | 40 | - | €27,467 | +€27,467 | |
| Other amounts receivable | 41 | €8,727 | €11,551 | +€2,824 | +32.4% |
| Cash at bank and in hand | 54/58 | €91,287 | €120,388 | +€29,101 | +31.9% |
| Deferred charges and accrued income | 490/1 | - | €367 | +€367 | |
| Total equity and liabilities | 10/49 | €6,102,674 | €6,189,589 | +€86,915 | +1.4% |
| Equity | 10/15 | €3,807,008 | €4,027,592 | +€220,584 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,786,548 | €4,007,132 | +€220,584 | +5.8% |
| Amounts payable | 17/49 | €2,295,666 | €2,161,997 | -€133,670 | -5.8% |
| Amounts payable after more than one year | 17 | €2,151,045 | €2,010,215 | -€140,829 | -6.5% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,151,045 | €1,010,215 | -€140,829 | -12.2% |
| Amounts payable within one year | 42/48 | €117,678 | €125,468 | +€7,790 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €3,529 | €6,885 | +€3,356 | +95.1% |
| Suppliers | 440/4 | €3,529 | €6,885 | +€3,356 | +95.1% |
| Taxes, remuneration and social security | 45 | €14,149 | €18,582 | +€4,434 | +31.3% |
| Taxes | 450/3 | €14,149 | €18,582 | +€4,434 | +31.3% |
| Accrued charges and deferred income | 492/3 | €26,944 | €26,314 | -€630 | -2.3% |
| Other operating charges | 640/8 | €6,336 | €6,533 | +€197 | +3.1% |
| Gross operating margin | 9900 | €165,014 | €188,137 | +€23,123 | +14.0% |
| Operating profit (loss) | 9901 | €158,678 | €181,604 | +€22,926 | +14.4% |
| Financial income | 75/76B | €149 | €100,143 | +€99,993 | +66,925% |
| Recurring financial income | 75 | €149 | €100,143 | +€99,993 | +66,925% |
| Financial charges | 65/66B | €27,587 | €26,798 | -€790 | -2.9% |
| Recurring financial charges | 65 | €27,587 | €26,798 | -€790 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €131,240 | €254,949 | +€123,709 | +94.3% |
| Income taxes | 67/77 | €28,527 | €34,364 | +€5,837 | +20.5% |
| Profit (loss) for the period | 9904 | €102,713 | €220,584 | +€117,871 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €102,713 | €220,584 | +€117,871 | +115% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.