FOODBEL: 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.
FOODBEL
Largest movements
- Receivables within one year -€8,338
down €8,338 (-30.9%), from €27,010 to €18,673
- Tangible fixed assets +€1,772
up €1,772 (+399%), from €444 to €2,216
of which Furniture and vehicles: +€1,920
- Cash +€441
up €441 (+10.4%), from €4,229 to €4,671
mainly Short-term financial debts (+€20,000) and Receivables within one year (+€8,338)
- Stocks and contracts -€350
down €350 (-36.8%), from €950 to €600
- Profit (loss) carried forward -€30,915
down €30,915, from €21,507 to -€9,408
- Short-term financial debts +€20,000
new in 2021: €20,000
- Trade debts +€4,440
up €4,440 (+162%), from €2,742 to €7,182
- Purchases and services +€30,602
up €30,602 (+157%), from €19,479 to €50,081
- Gross operating margin -€29,208
down €29,208 (-3,062%), from -€954 to -€30,162
- Turnover -€9,106
down €9,106 (-49.2%), from €18,525 to €9,419
- Taxes -€5,000
no longer reported in 2021 (was €5,000)
- Other operating charges -€2,026
down €2,026 (-97.2%), from €2,085 to €59
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,634 | €26,159 | -€6,474 | -19.8% |
| Fixed assets | 21/28 | €444 | €2,216 | +€1,772 | +399% |
| Tangible fixed assets | 22/27 | €444 | €2,216 | +€1,772 | +399% |
| Furniture and vehicles | 24 | - | €1,920 | +€1,920 | |
| Other tangible fixed assets | 26 | €444 | €296 | -€148 | -33.3% |
| Current assets | 29/58 | €32,190 | €23,943 | -€8,246 | -25.6% |
| Stocks and contracts in progress | 3 | €950 | €600 | -€350 | -36.8% |
| Stocks | 30/36 | €950 | €600 | -€350 | -36.8% |
| Amounts receivable within one year | 40/41 | €27,010 | €18,673 | -€8,338 | -30.9% |
| Other amounts receivable | 41 | €27,010 | €18,673 | -€8,338 | -30.9% |
| Cash at bank and in hand | 54/58 | €4,229 | €4,671 | +€441 | +10.4% |
| Total equity and liabilities | 10/49 | €32,634 | €26,159 | -€6,474 | -19.8% |
| Equity | 10/15 | €29,892 | -€1,023 | -€30,915 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,185 | €2,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,185 | €2,185 | = | 0.0% |
| Legal reserve | 130 | €2,185 | €2,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,507 | -€9,408 | -€30,915 | |
| Amounts payable | 17/49 | €2,742 | €27,182 | +€24,440 | +891% |
| Amounts payable within one year | 42/48 | €2,742 | €27,182 | +€24,440 | +891% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Other loans | 439 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €2,742 | €7,182 | +€4,440 | +162% |
| Suppliers | 440/4 | €2,742 | €7,182 | +€4,440 | +162% |
| Turnover | 70 | €18,525 | €9,419 | -€9,106 | -49.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,479 | €50,081 | +€30,602 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | €628 | +€249 | +65.5% |
| Other operating charges | 640/8 | €2,085 | €59 | -€2,026 | -97.2% |
| Gross operating margin | 9900 | -€954 | -€30,162 | -€29,208 | -3,062% |
| Operating profit (loss) | 9901 | -€3,418 | -€30,849 | -€27,431 | -802% |
| Financial charges | 65/66B | €1,056 | €66 | -€990 | -93.7% |
| Recurring financial charges | 65 | €1,036 | €66 | -€970 | -93.6% |
| Non-recurring financial charges | 66B | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | -€4,474 | -€30,915 | -€26,441 | -591% |
| Income taxes | 67/77 | €5,000 | - | -€5,000 | |
| Profit (loss) for the period | 9904 | -€9,474 | -€30,915 | -€21,441 | -226% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,474 | -€30,915 | -€21,441 | -226% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.