Food Port: 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.
What changed
Food Port
NACE 68.122, Development of non-residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€52,782
2024 · €6,367-€59,149
Equity
€1.6m
2024 · €1.6m-€83,085
Cash
€147,814
2024 · €155,482-€7,668
Balance sheet total
€2.6m
2024 · €2.7m-€105,546
Largest movements
Assets
- Tangible fixed assets -€117,934
down €117,934 (-4.8%), from €2.5m to €2.3m
of which Land and buildings: -€111,389
Equity and liabilities
- Profit (loss) carried forward -€52,782
down €52,782 (-11.5%), from -€460,033 to -€512,815
- Investment grants -€30,303
down €30,303 (-4.4%), from €694,163 to €663,860
Income statement
- Gross operating margin -€50,637
down €50,637 (-27.3%), from €185,247 to €134,610
- Other operating charges +€8,414
up €8,414 (+9.6%), from €87,731 to €96,145
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.
Result 2024
€6,367
Gross operating margin
-€50,637
Depreciation
-€742
Other operating charges
-€8,414
Financial income
+€448
Financial charges
+€196
Result 2025
-€52,782
raises the resultlowers the result
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.
From operations
+€49,725
Investment
-€3,650
Financing
-€53,743
Cash 2024
€155,482
From operations (derived)
+€49,725
Net result for the year
-€52,782
Depreciation
+€121,584
Receivables within one year
-€19,826
Deferred charges and accrued income
-€230
Trade debts
-€2,667
Tax, wage and social debts
+€3,646
Investment (derived)
-€3,650
Investment in fixed assets (net)
-€3,650
Financing
-€53,743
Debts after one year
-€18,087
Current portion of long-term debt
-€5,353
Contributions, distributions and other
-€30,303
Cash 2025
€147,814
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,658,531 | €2,552,985 | -€105,546 | -4.0% |
| Fixed assets | 21/28 | €2,456,216 | €2,338,282 | -€117,934 | -4.8% |
| Tangible fixed assets | 22/27 | €2,456,216 | €2,338,282 | -€117,934 | -4.8% |
| Land and buildings | 22 | €2,422,232 | €2,310,843 | -€111,389 | -4.6% |
| Plant, machinery and equipment | 23 | €24,948 | €25,997 | +€1,049 | +4.2% |
| Furniture and vehicles | 24 | €9,037 | €1,442 | -€7,595 | -84.0% |
| Current assets | 29/58 | €202,315 | €214,703 | +€12,388 | +6.1% |
| Amounts receivable within one year | 40/41 | €46,833 | €66,659 | +€19,826 | +42.3% |
| Trade receivables | 40 | €46,806 | €66,463 | +€19,657 | +42.0% |
| Other amounts receivable | 41 | €26 | €196 | +€169 | +643% |
| Cash at bank and in hand | 54/58 | €155,482 | €147,814 | -€7,668 | -4.9% |
| Deferred charges and accrued income | 490/1 | - | €230 | +€230 | |
| Total equity and liabilities | 10/49 | €2,658,531 | €2,552,985 | -€105,546 | -4.0% |
| Equity | 10/15 | €1,636,134 | €1,553,049 | -€83,085 | -5.1% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €2,004 | €2,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,004 | €2,004 | = | 0.0% |
| Legal reserve | 130 | €2,004 | €2,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€460,033 | -€512,815 | -€52,782 | -11.5% |
| Investment grants | 15 | €694,163 | €663,860 | -€30,303 | -4.4% |
| Amounts payable | 17/49 | €1,022,397 | €999,936 | -€22,461 | -2.2% |
| Amounts payable after more than one year | 17 | €950,410 | €932,323 | -€18,087 | -1.9% |
| Financial debts | 170/4 | €931,856 | €914,394 | -€17,462 | -1.9% |
| Other amounts payable | 178/9 | €18,554 | €17,929 | -€625 | -3.4% |
| Amounts payable within one year | 42/48 | €71,987 | €67,613 | -€4,374 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €60,019 | €54,666 | -€5,353 | -8.9% |
| Trade debts | 44 | €8,568 | €5,901 | -€2,667 | -31.1% |
| Suppliers | 440/4 | €8,568 | €5,901 | -€2,667 | -31.1% |
| Taxes, remuneration and social security | 45 | €3,400 | €7,046 | +€3,646 | +107% |
| Taxes | 450/3 | €3,400 | €7,046 | +€3,646 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,842 | €121,584 | +€742 | +0.6% |
| Other operating charges | 640/8 | €87,731 | €96,145 | +€8,414 | +9.6% |
| Gross operating margin | 9900 | €185,247 | €134,610 | -€50,637 | -27.3% |
| Operating profit (loss) | 9901 | -€23,327 | -€83,120 | -€59,793 | -256% |
| Financial income | 75/76B | €30,419 | €30,868 | +€448 | +1.5% |
| Recurring financial income | 75 | €30,419 | €30,868 | +€448 | +1.5% |
| Financial charges | 65/66B | €726 | €530 | -€196 | -27.0% |
| Recurring financial charges | 65 | €726 | €530 | -€196 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €6,367 | -€52,782 | -€59,149 | |
| Profit (loss) for the period | 9904 | €6,367 | -€52,782 | -€59,149 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,367 | -€52,782 | -€59,149 |
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 1 November 2026 via checked.be.