FOOD-AUTHENTIC: 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.
FOOD-AUTHENTIC
Largest movements
- Deferred charges and accrued income +€70,591
up €70,591 (+4928.6%), from €1,432 to €72,023
- Receivables within one year +€47,702
up €47,702 (+3838.6%), from €1,243 to €48,945
of which Trade receivables: +€30,981
- Tangible fixed assets -€10,466
down €10,466 (-13.3%), from €78,967 to €68,501
of which Plant, machinery and equipment: -€7,051
- Profit (loss) carried forward +€110,660
up €110,660, from -€35,949 to €74,711
- Tax, wage and social debts +€32,361
up €32,361 (+1620.5%), from €1,997 to €34,358
of which Taxes: +€34,345
- Current portion of long-term debt -€13,892
down €13,892 (-100.0%), from €13,892 to €0
- Short-term financial debts -€9,752
down €9,752 (-100.0%), from €9,752 to €0
- Other debts -€7,356
down €7,356 (-100.0%), from €7,356 to €0
- Turnover +€167,654
up €167,654 (+174.1%), from €96,318 to €263,972
- Gross operating margin +€148,271
up €148,271, from -€19,332 to €128,939
- Purchases and services +€17,090
up €17,090 (+14.4%), from €118,943 to €136,034
- Depreciation +€4,936
up €4,936 (+63.8%), from €7,733 to €12,669
- Staff costs -€4,493
down €4,493 (-98.7%), from €4,553 to €60
From the 2023 result to the 2024 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,048 | €190,944 | +€107,897 | +129.9% |
| Fixed assets | 21/28 | €78,967 | €68,501 | -€10,466 | -13.3% |
| Tangible fixed assets | 22/27 | €78,967 | €68,501 | -€10,466 | -13.3% |
| Plant, machinery and equipment | 23 | €36,932 | €29,882 | -€7,051 | -19.1% |
| Furniture and vehicles | 24 | - | €1,032 | +€1,032 | |
| Other tangible fixed assets | 26 | €42,035 | €37,587 | -€4,448 | -10.6% |
| Current assets | 29/58 | €4,080 | €122,443 | +€118,363 | +2900.7% |
| Amounts receivable within one year | 40/41 | €1,243 | €48,945 | +€47,702 | +3838.6% |
| Trade receivables | 40 | - | €30,981 | +€30,981 | |
| Other amounts receivable | 41 | €1,243 | €17,963 | +€16,721 | +1345.5% |
| Cash at bank and in hand | 54/58 | €1,406 | €1,476 | +€70 | +5.0% |
| Deferred charges and accrued income | 490/1 | €1,432 | €72,023 | +€70,591 | +4928.6% |
| Total equity and liabilities | 10/49 | €83,048 | €190,944 | +€107,897 | +129.9% |
| Equity | 10/15 | -€33,949 | €76,711 | +€110,660 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,949 | €74,711 | +€110,660 | |
| Amounts payable | 17/49 | €116,997 | €114,233 | -€2,764 | -2.4% |
| Amounts payable after more than one year | 17 | €55,515 | €55,515 | = | 0.0% |
| Financial debts | 170/4 | €55,515 | €55,515 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,372 | €53,608 | -€2,764 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €13,892 | €0 | -€13,892 | -100.0% |
| Financial debts | 43 | €9,752 | €0 | -€9,752 | -100.0% |
| Credit institutions | 430/8 | €9,752 | €0 | -€9,752 | -100.0% |
| Trade debts | 44 | €23,376 | €19,160 | -€4,216 | -18.0% |
| Suppliers | 440/4 | €23,376 | €19,160 | -€4,216 | -18.0% |
| Advances received on contracts in progress | 46 | - | €90 | +€90 | |
| Taxes, remuneration and social security | 45 | €1,997 | €34,358 | +€32,361 | +1620.5% |
| Taxes | 450/3 | €13 | €34,358 | +€34,345 | +257649.6% |
| Remuneration and social security | 454/9 | €1,984 | €0 | -€1,984 | -100.0% |
| Other amounts payable | 47/48 | €7,356 | €0 | -€7,356 | -100.0% |
| Accrued charges and deferred income | 492/3 | €5,110 | €5,110 | = | 0.0% |
| Turnover | 70 | €96,318 | €263,972 | +€167,654 | +174.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,943 | €136,034 | +€17,090 | +14.4% |
| Remuneration, social security and pensions | 62 | €4,553 | €60 | -€4,493 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,733 | €12,669 | +€4,936 | +63.8% |
| Other operating charges | 640/8 | €751 | €610 | -€141 | -18.7% |
| Gross operating margin | 9900 | -€19,332 | €128,939 | +€148,271 | |
| Operating profit (loss) | 9901 | -€32,369 | €115,600 | +€147,970 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,580 | €4,940 | +€1,359 | +38.0% |
| Recurring financial charges | 65 | €3,580 | €4,940 | +€1,359 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,949 | €110,660 | +€146,610 | |
| Profit (loss) for the period | 9904 | -€35,949 | €110,660 | +€146,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,949 | €110,660 | +€146,610 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.