FOOD CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€63,407
down €63,407 (-72.2%), from €87,878 to €24,470
of which Trade receivables: -€71,390
- Cash -€11,535
down €11,535 (-12.3%), from €94,163 to €82,628
mainly Trade debts (-€157,015) and Investment in fixed assets (net) (-€5,007)
- Stocks and contracts -€9,865
down €9,865 (-9.3%), from €105,875 to €96,009
- Tangible fixed assets -€6,976
down €6,976 (-22.6%), from €30,847 to €23,871
of which Land and buildings: -€6,531
- Trade debts -€157,015
down €157,015 (-85.2%), from €184,316 to €27,301
- Other debts +€47,949
up €47,949 (+360%), from €13,324 to €61,273
- Profit (loss) carried forward +€13,293
up €13,293 (+79.6%), from -€16,698 to -€3,405
- Tax, wage and social debts +€5,577
up €5,577 (+19.0%), from €29,370 to €34,947
of which Remuneration and social security: +€9,770
- Staff costs +€65,379
up €65,379 (+53.4%), from €122,388 to €187,767
- Depreciation -€41,221
down €41,221 (-77.5%), from €53,203 to €11,983
- Taxes -€32,431
down €32,431 (-85.3%), from €37,998 to €5,567
- Gross operating margin +€29,582
up €29,582 (+15.4%), from €191,628 to €221,210
- Financial charges -€2,951
down €2,951 (-90.7%), from €3,254 to €303
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 | €323,080 | €230,481 | -€92,599 | -28.7% |
| Fixed assets | 21/28 | €34,349 | €27,373 | -€6,976 | -20.3% |
| Tangible fixed assets | 22/27 | €30,847 | €23,871 | -€6,976 | -22.6% |
| Land and buildings | 22 | €22,914 | €16,383 | -€6,531 | -28.5% |
| Plant, machinery and equipment | 23 | €7,029 | €3,507 | -€3,521 | -50.1% |
| Furniture and vehicles | 24 | €904 | €3,980 | +€3,076 | +340% |
| Financial fixed assets | 28 | €3,503 | €3,503 | = | 0.0% |
| Current assets | 29/58 | €288,731 | €203,108 | -€85,623 | -29.7% |
| Stocks and contracts in progress | 3 | €105,875 | €96,009 | -€9,865 | -9.3% |
| Stocks | 30/36 | €105,875 | €96,009 | -€9,865 | -9.3% |
| Amounts receivable within one year | 40/41 | €87,878 | €24,470 | -€63,407 | -72.2% |
| Trade receivables | 40 | €86,571 | €15,181 | -€71,390 | -82.5% |
| Other amounts receivable | 41 | €1,307 | €9,289 | +€7,983 | +611% |
| Cash at bank and in hand | 54/58 | €94,163 | €82,628 | -€11,535 | -12.3% |
| Deferred charges and accrued income | 490/1 | €815 | - | -€815 | |
| Total equity and liabilities | 10/49 | €323,080 | €230,481 | -€92,599 | -28.7% |
| Equity | 10/15 | €93,667 | €106,960 | +€13,293 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,765 | €91,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,905 | €89,905 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,698 | -€3,405 | +€13,293 | +79.6% |
| Amounts payable | 17/49 | €229,413 | €123,521 | -€105,892 | -46.2% |
| Amounts payable within one year | 42/48 | €229,413 | €123,521 | -€105,892 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | €1,314 | - | -€1,314 | |
| Trade debts | 44 | €184,316 | €27,301 | -€157,015 | -85.2% |
| Suppliers | 440/4 | €184,316 | €27,301 | -€157,015 | -85.2% |
| Advances received on contracts in progress | 46 | €1,089 | - | -€1,089 | |
| Taxes, remuneration and social security | 45 | €29,370 | €34,947 | +€5,577 | +19.0% |
| Taxes | 450/3 | €15,166 | €10,974 | -€4,192 | -27.6% |
| Remuneration and social security | 454/9 | €14,204 | €23,973 | +€9,770 | +68.8% |
| Other amounts payable | 47/48 | €13,324 | €61,273 | +€47,949 | +360% |
| Non-recurring operating income | 76A | - | €21,799 | +€21,799 | |
| Remuneration, social security and pensions | 62 | €122,388 | €187,767 | +€65,379 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,203 | €11,983 | -€41,221 | -77.5% |
| Other operating charges | 640/8 | €1,434 | €2,323 | +€889 | +62.0% |
| Gross operating margin | 9900 | €191,628 | €221,210 | +€29,582 | +15.4% |
| Operating profit (loss) | 9901 | €14,602 | €19,138 | +€4,535 | +31.1% |
| Financial income | 75/76B | €0 | €24 | +€24 | +20,242% |
| Recurring financial income | 75 | €0 | €24 | +€24 | +20,242% |
| Financial charges | 65/66B | €3,254 | €303 | -€2,951 | -90.7% |
| Recurring financial charges | 65 | €3,254 | €303 | -€2,951 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €11,349 | €18,860 | +€7,511 | +66.2% |
| Income taxes | 67/77 | €37,998 | €5,567 | -€32,431 | -85.3% |
| Profit (loss) for the period | 9904 | -€26,649 | €13,293 | +€39,942 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,649 | €13,293 | +€39,942 |
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 25 October 2026 via checked.be.