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FLEXIMEAT: what changed

Two fiscal 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.

What changed

FLEXIMEAT

BE 0457.080.826
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€25,174
2023 · -€10,563+€35,737
Equity
-€16,056
2023 · -€41,230+€25,174
Cash
€16,744
2023 · €6,511+€10,234
Balance sheet total
€54,587
2023 · €55,954-€1,368

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€12,757

    down €12,757 (-37.4%), from €34,098 to €21,341

    of which Furniture and vehicles: -€14,611

  • Cash +€10,234

    up €10,234 (+157.2%), from €6,511 to €16,744

    mainly Net result for the year (+€25,174) and Depreciation (+€15,447)

  • Receivables within one year +€1,987

    up €1,987 (+35.7%), from €5,569 to €7,556

    of which Other amounts receivable: +€4,038

  • Deferred charges and accrued income -€563

    down €563 (-22.4%), from €2,508 to €1,945

Equity and liabilities
  • Profit (loss) carried forward +€25,174

    up €25,174 (+40.8%), from -€61,682 to -€36,507

  • Trade debts -€17,797

    down €17,797 (-23.8%), from €74,823 to €57,026

  • Debts after one year -€8,259

    no longer reported in 2024 (was €8,259)

  • Current portion of long-term debt -€1,151

    down €1,151 (-12.2%), from €9,410 to €8,259

Income statement
  • Gross operating margin +€37,233

    up €37,233 (+149.2%), from €24,947 to €62,180

  • Depreciation +€1,294

    up €1,294 (+9.1%), from €14,153 to €15,447

  • Staff costs +€1,170

    up €1,170 (+6.5%), from €18,012 to €19,181

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,563
Gross operating margin +€37,233
Staff costs -€1,170
Depreciation -€1,294
Other operating charges +€157
Financial income +€367
Financial charges +€445
Result 2024 €25,174

Cash bridge derived

cash 2023 to 2024

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.

From operations +€22,334
Investment -€2,690
Financing -€9,410
Cash 2023 €6,511
Net result for the year +€25,174
Depreciation +€15,447
Stocks and contracts +€269
Receivables within one year -€1,987
Deferred charges and accrued income +€563
Trade debts -€17,797
Tax, wage and social debts +€407
Other debts +€258
Investment in fixed assets (net) -€2,690
Debts after one year -€8,259
Current portion of long-term debt -€1,151
Cash 2024 €16,744
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €55,954 €54,587 -€1,368 -2.4%
Fixed assets 21/28 €34,098 €21,341 -€12,757 -37.4%
Tangible fixed assets 22/27 €34,098 €21,341 -€12,757 -37.4%
Plant, machinery and equipment 23 €4,515 €3,889 -€626 -13.9%
Furniture and vehicles 24 €29,583 €14,972 -€14,611 -49.4%
Other tangible fixed assets 26 - €2,481 +€2,481
Current assets 29/58 €21,856 €33,245 +€11,389 +52.1%
Stocks and contracts in progress 3 €7,269 €7,000 -€269 -3.7%
Stocks 30/36 €7,269 €7,000 -€269 -3.7%
Amounts receivable within one year 40/41 €5,569 €7,556 +€1,987 +35.7%
Trade receivables 40 €2,436 €386 -€2,051 -84.2%
Other amounts receivable 41 €3,132 €7,171 +€4,038 +128.9%
Cash at bank and in hand 54/58 €6,511 €16,744 +€10,234 +157.2%
Deferred charges and accrued income 490/1 €2,508 €1,945 -€563 -22.4%
Total equity and liabilities 10/49 €55,954 €54,587 -€1,368 -2.4%
Equity 10/15 -€41,230 -€16,056 +€25,174 +61.1%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €1,859 €1,859 = 0.0%
Distributable reserves 133 €1,859 €1,859 = 0.0%
Profit (loss) carried forward 14 -€61,682 -€36,507 +€25,174 +40.8%
Amounts payable 17/49 €97,185 €70,643 -€26,542 -27.3%
Amounts payable after more than one year 17 €8,259 - -€8,259
Financial debts 170/4 €8,259 - -€8,259
Amounts payable within one year 42/48 €88,925 €70,643 -€18,283 -20.6%
Current portion of amounts payable after more than one year 42 €9,410 €8,259 -€1,151 -12.2%
Trade debts 44 €74,823 €57,026 -€17,797 -23.8%
Suppliers 440/4 €74,823 €57,026 -€17,797 -23.8%
Taxes, remuneration and social security 45 €4,422 €4,829 +€407 +9.2%
Taxes 450/3 €633 €1,025 +€391 +61.8%
Remuneration and social security 454/9 €3,789 €3,805 +€16 +0.4%
Other amounts payable 47/48 €271 €528 +€258 +95.3%
Remuneration, social security and pensions 62 €18,012 €19,181 +€1,170 +6.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,153 €15,447 +€1,294 +9.1%
Other operating charges 640/8 €1,873 €1,716 -€157 -8.4%
Gross operating margin 9900 €24,947 €62,180 +€37,233 +149.2%
Operating profit (loss) 9901 -€9,091 €25,835 +€34,926
Financial income 75/76B €105 €472 +€367 +348.3%
Recurring financial income 75 €105 €472 +€367 +348.3%
Financial charges 65/66B €1,578 €1,133 -€445 -28.2%
Recurring financial charges 65 €1,578 €1,133 -€445 -28.2%
Profit (loss) for the period before taxes 9903 -€10,563 €25,174 +€35,737
Profit (loss) for the period 9904 -€10,563 €25,174 +€35,737
Profit (loss) for the period to be appropriated 9905 -€10,563 €25,174 +€35,737

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.