FOOD ISA: what changed
FOOD ISA
Largest movements
- Cash -€12,066
down €12,066 (-37.2%), from €32,478 to €20,412
mainly Debts after one year (-€19,599) and Other debts (-€7,630)
- Tangible fixed assets -€5,193
down €5,193 (-2.4%), from €214,320 to €209,127
of which Land and buildings: -€4,300
- Receivables within one year -€4,670
down €4,670 (-18.6%), from €25,118 to €20,448
of which Trade receivables: -€10,170
- Debts after one year -€19,599
down €19,599 (-21.8%), from €90,100 to €70,501
- Profit (loss) carried forward +€18,197
up €18,197 (+20.4%), from €89,126 to €107,323
- Other debts -€7,630
down €7,630 (-82.5%), from €9,245 to €1,615
- Trade debts -€5,086
down €5,086 (-26.2%), from €19,410 to €14,324
- Tax, wage and social debts -€4,817
down €4,817 (-15.6%), from €30,907 to €26,090
of which Taxes: -€6,818
- Staff costs +€25,608
up €25,608 (+15.7%), from €163,566 to €189,174
- Gross operating margin +€17,136
up €17,136 (+8.1%), from €211,613 to €228,749
- Taxes -€3,746
down €3,746 (-60.6%), from €6,184 to €2,438
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,469 | €258,052 | -€21,417 | -7.7% |
| Fixed assets | 21/28 | €214,320 | €209,127 | -€5,193 | -2.4% |
| Tangible fixed assets | 22/27 | €214,320 | €209,127 | -€5,193 | -2.4% |
| Land and buildings | 22 | €211,646 | €207,346 | -€4,300 | -2.0% |
| Plant, machinery and equipment | 23 | €2,674 | €1,781 | -€893 | -33.4% |
| Current assets | 29/58 | €65,149 | €48,925 | -€16,224 | -24.9% |
| Stocks and contracts in progress | 3 | €7,553 | €8,065 | +€512 | +6.8% |
| Stocks | 30/36 | €7,553 | €8,065 | +€512 | +6.8% |
| Amounts receivable within one year | 40/41 | €25,118 | €20,448 | -€4,670 | -18.6% |
| Trade receivables | 40 | €23,118 | €12,948 | -€10,170 | -44.0% |
| Other amounts receivable | 41 | €2,000 | €7,500 | +€5,500 | +275% |
| Cash at bank and in hand | 54/58 | €32,478 | €20,412 | -€12,066 | -37.2% |
| Total equity and liabilities | 10/49 | €279,469 | €258,052 | -€21,417 | -7.7% |
| Equity | 10/15 | €107,726 | €125,923 | +€18,197 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,126 | €107,323 | +€18,197 | +20.4% |
| Amounts payable | 17/49 | €171,743 | €132,129 | -€39,614 | -23.1% |
| Amounts payable after more than one year | 17 | €90,100 | €70,501 | -€19,599 | -21.8% |
| Financial debts | 170/4 | €90,100 | €70,501 | -€19,599 | -21.8% |
| Amounts payable within one year | 42/48 | €81,643 | €61,628 | -€20,015 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €22,081 | €19,599 | -€2,482 | -11.2% |
| Trade debts | 44 | €19,410 | €14,324 | -€5,086 | -26.2% |
| Suppliers | 440/4 | €19,410 | €14,324 | -€5,086 | -26.2% |
| Taxes, remuneration and social security | 45 | €30,907 | €26,090 | -€4,817 | -15.6% |
| Taxes | 450/3 | €20,256 | €13,438 | -€6,818 | -33.7% |
| Remuneration and social security | 454/9 | €10,651 | €12,652 | +€2,001 | +18.8% |
| Other amounts payable | 47/48 | €9,245 | €1,615 | -€7,630 | -82.5% |
| Non-recurring operating income | 76A | - | €1,118 | +€1,118 | |
| Remuneration, social security and pensions | 62 | €163,566 | €189,174 | +€25,608 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,739 | €9,652 | -€87 | -0.9% |
| Other operating charges | 640/8 | €1,655 | €1,544 | -€111 | -6.7% |
| Gross operating margin | 9900 | €211,613 | €228,749 | +€17,136 | +8.1% |
| Operating profit (loss) | 9901 | €36,653 | €28,379 | -€8,274 | -22.6% |
| Financial income | 75/76B | €51 | €166 | +€115 | +225% |
| Recurring financial income | 75 | €51 | €166 | +€115 | +225% |
| Financial charges | 65/66B | €8,020 | €7,910 | -€110 | -1.4% |
| Recurring financial charges | 65 | €8,020 | €7,910 | -€110 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €28,684 | €20,635 | -€8,049 | -28.1% |
| Income taxes | 67/77 | €6,184 | €2,438 | -€3,746 | -60.6% |
| Profit (loss) for the period | 9904 | €22,500 | €18,197 | -€4,303 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,500 | €18,197 | -€4,303 | -19.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.