FOOD LINK: 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 LINK
Largest movements
- Cash +€424,835
up €424,835 (+169%), from €251,706 to €676,540
mainly Net result for the year (+€723,782) and Depreciation (+€35,453)
- Current investments +€82,544
up €82,544 (+18.2%), from €452,784 to €535,328
- Receivables within one year +€56,795
up €56,795 (+10.8%), from €527,246 to €584,041
of which Trade receivables: +€56,052
- Tangible fixed assets +€33,755
up €33,755 (+41.5%), from €81,311 to €115,066
of which Land and buildings: +€24,004
- Reserves +€555,000
up €555,000 (+45.6%), from €1.2m to €1.8m
- Tax, wage and social debts +€24,954
up €24,954 (+36.9%), from €67,575 to €92,529
- Trade debts +€20,719
up €20,719 (+133%), from €15,564 to €36,283
- Gross operating margin +€569,722
up €569,722 (+120%), from €475,474 to €1.0m
- Taxes +€192,554
up €192,554 (+137%), from €140,360 to €332,914
- Financial income +€46,722
up €46,722 (+894%), from €5,224 to €51,946
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 | €1,314,617 | €1,913,655 | +€599,038 | +45.6% |
| Fixed assets | 21/28 | €81,311 | €115,066 | +€33,755 | +41.5% |
| Tangible fixed assets | 22/27 | €81,311 | €115,066 | +€33,755 | +41.5% |
| Land and buildings | 22 | - | €24,004 | +€24,004 | |
| Plant, machinery and equipment | 23 | €13,719 | €9,010 | -€4,710 | -34.3% |
| Furniture and vehicles | 24 | €66,696 | €81,286 | +€14,590 | +21.9% |
| Other tangible fixed assets | 26 | €896 | €766 | -€130 | -14.5% |
| Current assets | 29/58 | €1,233,305 | €1,798,589 | +€565,284 | +45.8% |
| Amounts receivable within one year | 40/41 | €527,246 | €584,041 | +€56,795 | +10.8% |
| Trade receivables | 40 | €526,916 | €582,968 | +€56,052 | +10.6% |
| Other amounts receivable | 41 | €330 | €1,074 | +€743 | +225% |
| Current investments | 50/53 | €452,784 | €535,328 | +€82,544 | +18.2% |
| Cash at bank and in hand | 54/58 | €251,706 | €676,540 | +€424,835 | +169% |
| Deferred charges and accrued income | 490/1 | €1,569 | €2,679 | +€1,110 | +70.7% |
| Total equity and liabilities | 10/49 | €1,314,617 | €1,913,655 | +€599,038 | +45.6% |
| Equity | 10/15 | €1,224,577 | €1,783,360 | +€558,782 | +45.6% |
| Reserves | 13 | €1,217,000 | €1,772,000 | +€555,000 | +45.6% |
| Distributable reserves | 133 | €1,217,000 | €1,772,000 | +€555,000 | +45.6% |
| Profit (loss) carried forward | 14 | €7,577 | €11,360 | +€3,782 | +49.9% |
| Amounts payable | 17/49 | €90,039 | €130,295 | +€40,256 | +44.7% |
| Amounts payable within one year | 42/48 | €90,039 | €130,295 | +€40,256 | +44.7% |
| Trade debts | 44 | €15,564 | €36,283 | +€20,719 | +133% |
| Suppliers | 440/4 | €15,564 | €36,283 | +€20,719 | +133% |
| Taxes, remuneration and social security | 45 | €67,575 | €92,529 | +€24,954 | +36.9% |
| Taxes | 450/3 | €67,575 | €92,529 | +€24,954 | +36.9% |
| Other amounts payable | 47/48 | €6,900 | €1,483 | -€5,417 | -78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,497 | €35,453 | +€8,956 | +33.8% |
| Other operating charges | 640/8 | €1,943 | €3,996 | +€2,053 | +106% |
| Non-recurring operating charges | 66A | €464 | - | -€464 | |
| Gross operating margin | 9900 | €475,474 | €1,045,195 | +€569,722 | +120% |
| Operating profit (loss) | 9901 | €446,570 | €1,005,747 | +€559,177 | +125% |
| Financial income | 75/76B | €5,224 | €51,946 | +€46,722 | +894% |
| Recurring financial income | 75 | €5,224 | €51,946 | +€46,722 | +894% |
| Financial charges | 65/66B | €238 | €997 | +€758 | +318% |
| Recurring financial charges | 65 | €238 | €997 | +€758 | +318% |
| Profit (loss) for the period before taxes | 9903 | €451,556 | €1,056,697 | +€605,141 | +134% |
| Income taxes | 67/77 | €140,360 | €332,914 | +€192,554 | +137% |
| Profit (loss) for the period | 9904 | €311,196 | €723,782 | +€412,587 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €311,196 | €723,782 | +€412,587 | +133% |
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 26 October 2026 via checked.be.