FISH&EAT: 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.
FISH&EAT
Largest movements
- Cash +€89,708
up €89,708 (+126%), from €71,311 to €161,019
mainly Net result for the year (+€115,703) and Other debts (+€37,904)
- Tangible fixed assets +€46,196
up €46,196 (+69.6%), from €66,401 to €112,597
of which Land and buildings: +€32,057
- Stocks and contracts -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Receivables within one year -€22,929
down €22,929 (-12.9%), from €177,766 to €154,837
of which Trade receivables: -€97,689
- Intangible fixed assets -€7,000
down €7,000 (-10.1%), from €69,041 to €62,041
- Profit (loss) carried forward +€115,703
up €115,703 (+490%), from €23,590 to €139,293
- Tax, wage and social debts -€47,030
down €47,030 (-49.6%), from €94,895 to €47,865
of which Taxes: -€33,814
- Current portion of long-term debt -€43,478
down €43,478 (-61.9%), from €70,224 to €26,746
- Other debts +€37,904
up €37,904 (+189%), from €20,012 to €57,917
- Trade debts +€22,065
up €22,065 (+12.4%), from €177,249 to €199,314
- Staff costs -€94,446
down €94,446 (-42.2%), from €224,032 to €129,586
- Other operating charges -€13,589
down €13,589 (-54.4%), from €24,988 to €11,399
- Depreciation +€12,430
up €12,430 (+90.1%), from €13,791 to €26,221
- Financial charges -€5,269
down €5,269 (-31.5%), from €16,713 to €11,444
- Gross operating margin +€4,507
up €4,507 (+1.3%), from €334,517 to €339,024
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 | €435,064 | €511,039 | +€75,975 | +17.5% |
| Fixed assets | 21/28 | €135,987 | €175,183 | +€39,196 | +28.8% |
| Intangible fixed assets | 21 | €69,041 | €62,041 | -€7,000 | -10.1% |
| Tangible fixed assets | 22/27 | €66,401 | €112,597 | +€46,196 | +69.6% |
| Land and buildings | 22 | €26,613 | €58,670 | +€32,057 | +120% |
| Plant, machinery and equipment | 23 | €37,432 | €52,291 | +€14,859 | +39.7% |
| Furniture and vehicles | 24 | €2,356 | €1,636 | -€720 | -30.6% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €299,077 | €335,856 | +€36,779 | +12.3% |
| Stocks and contracts in progress | 3 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Stocks | 30/36 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Amounts receivable within one year | 40/41 | €177,766 | €154,837 | -€22,929 | -12.9% |
| Trade receivables | 40 | €102,807 | €5,118 | -€97,689 | -95.0% |
| Other amounts receivable | 41 | €74,959 | €149,719 | +€74,760 | +99.7% |
| Cash at bank and in hand | 54/58 | €71,311 | €161,019 | +€89,708 | +126% |
| Total equity and liabilities | 10/49 | €435,064 | €511,039 | +€75,975 | +17.5% |
| Equity | 10/15 | €48,866 | €164,570 | +€115,703 | +237% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,676 | €6,676 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,676 | €6,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,590 | €139,293 | +€115,703 | +490% |
| Amounts payable | 17/49 | €386,197 | €346,470 | -€39,728 | -10.3% |
| Amounts payable after more than one year | 17 | €23,817 | €14,628 | -€9,189 | -38.6% |
| Financial debts | 170/4 | €23,817 | €14,628 | -€9,189 | -38.6% |
| Amounts payable within one year | 42/48 | €362,380 | €331,841 | -€30,539 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €70,224 | €26,746 | -€43,478 | -61.9% |
| Trade debts | 44 | €177,249 | €199,314 | +€22,065 | +12.4% |
| Suppliers | 440/4 | €177,249 | €199,314 | +€22,065 | +12.4% |
| Taxes, remuneration and social security | 45 | €94,895 | €47,865 | -€47,030 | -49.6% |
| Taxes | 450/3 | €59,508 | €25,694 | -€33,814 | -56.8% |
| Remuneration and social security | 454/9 | €35,387 | €22,172 | -€13,215 | -37.3% |
| Other amounts payable | 47/48 | €20,012 | €57,917 | +€37,904 | +189% |
| Non-recurring operating income | 76A | - | €1,844 | +€1,844 | |
| Remuneration, social security and pensions | 62 | €224,032 | €129,586 | -€94,446 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,791 | €26,221 | +€12,430 | +90.1% |
| Other operating charges | 640/8 | €24,988 | €11,399 | -€13,589 | -54.4% |
| Gross operating margin | 9900 | €334,517 | €339,024 | +€4,507 | +1.3% |
| Operating profit (loss) | 9901 | €71,706 | €171,819 | +€100,112 | +140% |
| Financial income | 75/76B | €2,327 | €317 | -€2,011 | -86.4% |
| Recurring financial income | 75 | €2,327 | €317 | -€2,011 | -86.4% |
| Financial charges | 65/66B | €16,713 | €11,444 | -€5,269 | -31.5% |
| Recurring financial charges | 65 | €16,713 | €11,444 | -€5,269 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €57,320 | €160,691 | +€103,371 | +180% |
| Income taxes | 67/77 | €48,531 | €44,988 | -€3,543 | -7.3% |
| Profit (loss) for the period | 9904 | €8,789 | €115,703 | +€106,914 | +1,216% |
| Profit (loss) for the period to be appropriated | 9905 | €8,789 | €115,703 | +€106,914 | +1,216% |
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.