FOOD-H: 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-H
Largest movements
- Tangible fixed assets -€33,714
down €33,714 (-15.6%), from €216,728 to €183,014
of which Plant, machinery and equipment: -€22,798
- Cash +€30,443
up €30,443 (+55.4%), from €54,995 to €85,438
mainly Depreciation (+€35,813) and Net result for the year (+€11,643)
- Debts after one year -€27,385
down €27,385 (-20.5%), from €133,710 to €106,326
- Profit (loss) carried forward +€11,643
up €11,643 (+100%), from €11,615 to €23,258
- Tax, wage and social debts +€11,345
up €11,345 (+53.8%), from €21,082 to €32,427
of which Remuneration and social security: +€9,243
- Investment grants -€4,217
down €4,217 (-12.4%), from €34,089 to €29,872
- Trade debts +€3,531
up €3,531 (+4.3%), from €82,891 to €86,422
- Gross operating margin +€65,737
up €65,737 (+45.6%), from €144,187 to €209,924
- Staff costs +€42,573
up €42,573 (+37.2%), from €114,441 to €157,014
- Taxes +€2,904
up €2,904 (+148,176%), from €2 to €2,906
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 | €334,912 | €332,504 | -€2,408 | -0.7% |
| Formation expenses | 20 | €3,808 | €3,133 | -€675 | -17.7% |
| Fixed assets | 21/28 | €216,728 | €183,014 | -€33,714 | -15.6% |
| Tangible fixed assets | 22/27 | €216,728 | €183,014 | -€33,714 | -15.6% |
| Land and buildings | 22 | €83,133 | €72,217 | -€10,916 | -13.1% |
| Plant, machinery and equipment | 23 | €133,595 | €110,797 | -€22,798 | -17.1% |
| Current assets | 29/58 | €114,376 | €146,357 | +€31,981 | +28.0% |
| Stocks and contracts in progress | 3 | €53,618 | €54,208 | +€591 | +1.1% |
| Stocks | 30/36 | €53,618 | €54,208 | +€591 | +1.1% |
| Amounts receivable within one year | 40/41 | €4,923 | €5,845 | +€922 | +18.7% |
| Trade receivables | 40 | €128 | €885 | +€757 | +594% |
| Other amounts receivable | 41 | €4,795 | €4,960 | +€165 | +3.4% |
| Cash at bank and in hand | 54/58 | €54,995 | €85,438 | +€30,443 | +55.4% |
| Deferred charges and accrued income | 490/1 | €841 | €866 | +€25 | +3.0% |
| Total equity and liabilities | 10/49 | €334,912 | €332,504 | -€2,408 | -0.7% |
| Equity | 10/15 | €55,704 | €63,130 | +€7,426 | +13.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,615 | €23,258 | +€11,643 | +100% |
| Investment grants | 15 | €34,089 | €29,872 | -€4,217 | -12.4% |
| Amounts payable | 17/49 | €279,208 | €269,374 | -€9,834 | -3.5% |
| Amounts payable after more than one year | 17 | €133,710 | €106,326 | -€27,385 | -20.5% |
| Financial debts | 170/4 | €133,710 | €106,326 | -€27,385 | -20.5% |
| Amounts payable within one year | 42/48 | €130,988 | €146,234 | +€15,246 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €26,988 | €27,385 | +€397 | +1.5% |
| Trade debts | 44 | €82,891 | €86,422 | +€3,531 | +4.3% |
| Suppliers | 440/4 | €82,891 | €86,422 | +€3,531 | +4.3% |
| Taxes, remuneration and social security | 45 | €21,082 | €32,427 | +€11,345 | +53.8% |
| Taxes | 450/3 | €1,148 | €3,250 | +€2,102 | +183% |
| Remuneration and social security | 454/9 | €19,934 | €29,177 | +€9,243 | +46.4% |
| Other amounts payable | 47/48 | €27 | - | -€27 | |
| Accrued charges and deferred income | 492/3 | €14,510 | €16,814 | +€2,305 | +15.9% |
| Remuneration, social security and pensions | 62 | €114,441 | €157,014 | +€42,573 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,510 | €35,813 | +€303 | +0.9% |
| Other operating charges | 640/8 | €1,083 | €691 | -€392 | -36.2% |
| Gross operating margin | 9900 | €144,187 | €209,924 | +€65,737 | +45.6% |
| Operating profit (loss) | 9901 | -€6,847 | €16,406 | +€23,252 | |
| Financial income | 75/76B | €4,444 | €4,425 | -€19 | -0.4% |
| Recurring financial income | 75 | €4,444 | €4,425 | -€19 | -0.4% |
| Financial charges | 65/66B | €5,123 | €6,282 | +€1,159 | +22.6% |
| Recurring financial charges | 65 | €5,123 | €6,282 | +€1,159 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,525 | €14,549 | +€22,074 | |
| Income taxes | 67/77 | €2 | €2,906 | +€2,904 | +148,176% |
| Profit (loss) for the period | 9904 | -€7,527 | €11,643 | +€19,170 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,527 | €11,643 | +€19,170 |
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 30 October 2026 via checked.be.