FIT & 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.
FIT & FRESH
Largest movements
- Tangible fixed assets -€45,972
down €45,972 (-25.0%), from €184,233 to €138,261
of which Plant, machinery and equipment: -€24,756
- Cash +€25,897
up €25,897 (+156%), from €16,555 to €42,452
mainly Depreciation (+€52,574) and Trade debts (+€36,171)
- Receivables within one year +€15,057
up €15,057 (+47.0%), from €32,057 to €47,114
of which Trade receivables: +€11,651
- Debts after one year -€40,617
down €40,617 (-44.0%), from €92,316 to €51,699
- Trade debts +€36,171
up €36,171 (+55.5%), from €65,124 to €101,295
- Profit (loss) carried forward +€34,341
up €34,341 (+58.2%), from -€58,984 to -€24,643
- Other debts -€25,655
down €25,655 (-38.2%), from €67,160 to €41,505
- Current portion of long-term debt -€8,153
down €8,153 (-16.7%), from €48,770 to €40,617
- Staff costs +€21,817
up €21,817 (+9.2%), from €237,261 to €259,078
- Gross operating margin +€16,704
up €16,704 (+4.8%), from €347,838 to €364,542
- Financial charges +€4,770
up €4,770 (+38.3%), from €12,470 to €17,240
- Other operating charges -€3,695
down €3,695 (-73.0%), from €5,065 to €1,370
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 | €269,455 | €265,473 | -€3,982 | -1.5% |
| Fixed assets | 21/28 | €198,731 | €153,126 | -€45,605 | -22.9% |
| Intangible fixed assets | 21 | €14,499 | €14,865 | +€367 | +2.5% |
| Tangible fixed assets | 22/27 | €184,233 | €138,261 | -€45,972 | -25.0% |
| Plant, machinery and equipment | 23 | €65,010 | €40,254 | -€24,756 | -38.1% |
| Furniture and vehicles | 24 | €11,374 | €6,866 | -€4,508 | -39.6% |
| Other tangible fixed assets | 26 | €107,849 | €91,140 | -€16,708 | -15.5% |
| Current assets | 29/58 | €70,723 | €112,347 | +€41,624 | +58.9% |
| Stocks and contracts in progress | 3 | €21,164 | €21,788 | +€623 | +2.9% |
| Stocks | 30/36 | €21,164 | €21,788 | +€623 | +2.9% |
| Amounts receivable within one year | 40/41 | €32,057 | €47,114 | +€15,057 | +47.0% |
| Trade receivables | 40 | €20,833 | €32,484 | +€11,651 | +55.9% |
| Other amounts receivable | 41 | €11,224 | €14,630 | +€3,406 | +30.3% |
| Cash at bank and in hand | 54/58 | €16,555 | €42,452 | +€25,897 | +156% |
| Deferred charges and accrued income | 490/1 | €948 | €994 | +€46 | +4.9% |
| Total equity and liabilities | 10/49 | €269,455 | €265,473 | -€3,982 | -1.5% |
| Equity | 10/15 | -€3,984 | €30,357 | +€34,341 | |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,984 | -€24,643 | +€34,341 | +58.2% |
| Amounts payable | 17/49 | €273,438 | €235,116 | -€38,322 | -14.0% |
| Amounts payable after more than one year | 17 | €92,316 | €51,699 | -€40,617 | -44.0% |
| Financial debts | 170/4 | €92,316 | €51,699 | -€40,617 | -44.0% |
| Amounts payable within one year | 42/48 | €181,122 | €183,417 | +€2,295 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €48,770 | €40,617 | -€8,153 | -16.7% |
| Trade debts | 44 | €65,124 | €101,295 | +€36,171 | +55.5% |
| Suppliers | 440/4 | €65,124 | €101,295 | +€36,171 | +55.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €69 | €0 | -€69 | -100% |
| Taxes | 450/3 | €3 | €0 | -€3 | -100% |
| Remuneration and social security | 454/9 | €66 | €0 | -€66 | -100% |
| Other amounts payable | 47/48 | €67,160 | €41,505 | -€25,655 | -38.2% |
| Remuneration, social security and pensions | 62 | €237,261 | €259,078 | +€21,817 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,714 | €52,574 | +€1,860 | +3.7% |
| Other operating charges | 640/8 | €5,065 | €1,370 | -€3,695 | -73.0% |
| Gross operating margin | 9900 | €347,838 | €364,542 | +€16,704 | +4.8% |
| Operating profit (loss) | 9901 | €54,798 | €51,521 | -€3,277 | -6.0% |
| Financial income | 75/76B | €53 | €59 | +€6 | +12.2% |
| Recurring financial income | 75 | €53 | €59 | +€6 | +12.2% |
| Financial charges | 65/66B | €12,470 | €17,240 | +€4,770 | +38.3% |
| Recurring financial charges | 65 | €12,470 | €17,240 | +€4,770 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €42,382 | €34,341 | -€8,041 | -19.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €42,382 | €34,341 | -€8,041 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,382 | €34,341 | -€8,041 | -19.0% |
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.