FOOD EXPRESS: 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 EXPRESS
Largest movements
- Cash +€18,328
up €18,328 (+83.3%), from €21,992 to €40,320
mainly Net result for the year (+€25,046) and Depreciation (+€3,378)
- Receivables within one year +€12,235
up €12,235 (+33.7%), from €36,259 to €48,494
- Tangible fixed assets -€3,378
down €3,378 (-26.1%), from €12,949 to €9,571
- Stocks and contracts -€1,808
down €1,808 (-36.7%), from €4,928 to €3,120
- Profit (loss) carried forward +€25,046
up €25,046 (+35.0%), from €71,557 to €96,602
- Gross operating margin -€19,244
down €19,244 (-35.8%), from €53,750 to €34,507
- Taxes -€8,646
no longer reported in 2025 (was €8,646)
- Staff costs -€4,607
down €4,607 (-91.3%), from €5,045 to €438
- Depreciation -€2,407
down €2,407 (-41.6%), from €5,785 to €3,378
- Other operating charges +€2,069
up €2,069 (+90.4%), from €2,288 to €4,358
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 | €76,663 | €102,040 | +€25,377 | +33.1% |
| Formation expenses | 20 | €535 | €535 | = | 0.0% |
| Fixed assets | 21/28 | €12,949 | €9,571 | -€3,378 | -26.1% |
| Tangible fixed assets | 22/27 | €12,949 | €9,571 | -€3,378 | -26.1% |
| Furniture and vehicles | 24 | €12,949 | €9,571 | -€3,378 | -26.1% |
| Current assets | 29/58 | €63,179 | €91,934 | +€28,755 | +45.5% |
| Stocks and contracts in progress | 3 | €4,928 | €3,120 | -€1,808 | -36.7% |
| Stocks | 30/36 | €4,928 | €3,120 | -€1,808 | -36.7% |
| Amounts receivable within one year | 40/41 | €36,259 | €48,494 | +€12,235 | +33.7% |
| Other amounts receivable | 41 | €36,259 | €48,494 | +€12,235 | +33.7% |
| Cash at bank and in hand | 54/58 | €21,992 | €40,320 | +€18,328 | +83.3% |
| Total equity and liabilities | 10/49 | €76,663 | €102,040 | +€25,377 | +33.1% |
| Equity | 10/15 | €76,557 | €101,602 | +€25,046 | +32.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,557 | €96,602 | +€25,046 | +35.0% |
| Amounts payable | 17/49 | €106 | €438 | +€331 | +312% |
| Amounts payable within one year | 42/48 | €106 | €438 | +€331 | +312% |
| Trade debts | 44 | €106 | €438 | +€331 | +312% |
| Suppliers | 440/4 | €106 | €438 | +€331 | +312% |
| Remuneration, social security and pensions | 62 | €5,045 | €438 | -€4,607 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,785 | €3,378 | -€2,407 | -41.6% |
| Other operating charges | 640/8 | €2,288 | €4,358 | +€2,069 | +90.4% |
| Gross operating margin | 9900 | €53,750 | €34,507 | -€19,244 | -35.8% |
| Operating profit (loss) | 9901 | €40,632 | €26,333 | -€14,299 | -35.2% |
| Financial charges | 65/66B | €335 | €1,287 | +€952 | +284% |
| Recurring financial charges | 65 | €335 | €1,287 | +€952 | +284% |
| Profit (loss) for the period before taxes | 9903 | €40,297 | €25,046 | -€15,251 | -37.8% |
| Income taxes | 67/77 | €8,646 | - | -€8,646 | |
| Profit (loss) for the period | 9904 | €31,651 | €25,046 | -€6,606 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,651 | €25,046 | -€6,606 | -20.9% |
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 29 October 2026 via checked.be.