FOODGHLIN: what changed
What changed
FOODGHLIN
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€256,580
2024 · €43,890-€300,470
Equity
-€222,922
2024 · €33,658-€256,580
Cash
€391,494
2024 · €736,301-€344,807
Balance sheet total
€2.7m
2024 · €3.4m-€723,199
Largest movements
Assets
- Cash -€344,807
down €344,807 (-46.8%), from €736,301 to €391,494
mainly Net result for the year (-€256,580) and Trade debts (-€243,667)
- Receivables within one year -€230,785
down €230,785 (-55.8%), from €413,498 to €182,713
of which Trade receivables: -€235,859
- Tangible fixed assets -€168,176
down €168,176 (-9.9%), from €1.7m to €1.5m
of which Plant, machinery and equipment: -€145,992
Equity and liabilities
- Profit (loss) carried forward -€256,580
down €256,580 (-336%), from -€76,342 to -€332,922
- Trade debts -€243,667
down €243,667 (-23.7%), from €1.0m to €785,803
- Debts after one year -€188,021
down €188,021 (-11.1%), from €1.7m to €1.5m
of which Financial debts: -€188,021
- Tax, wage and social debts -€158,522
down €158,522 (-41.4%), from €383,341 to €224,819
of which Taxes: -€169,730
- Short-term financial debts +€130,235
up €130,235 (+146%), from €89,237 to €219,471
Income statement
- Gross operating margin -€324,743
down €324,743 (-20.4%), from €1.6m to €1.3m
- Taxes -€215,917
down €215,917 (-99.2%), from €217,638 to €1,721
- Staff costs +€152,864
up €152,864 (+14.6%), from €1.0m to €1.2m
- Other operating charges +€38,147
up €38,147 (+88.0%), from €43,325 to €81,471
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.
Result 2024
€43,890
Gross operating margin
-€324,743
Staff costs
-€152,864
Depreciation
-€1,804
Other operating charges
-€38,147
Financial income
+€2,061
Financial charges
-€890
Taxes
+€215,917
Result 2025
-€256,580
raises the resultlowers the result
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.
From operations
-€262,657
Investment
-€18,044
Financing
-€64,106
Cash 2024
€736,301
From operations (derived)
-€262,657
Net result for the year
-€256,580
Depreciation
+€186,220
Stocks and contracts
-€22,120
Receivables within one year
+€230,785
Deferred charges and accrued income
+€1,551
Trade debts
-€243,667
Tax, wage and social debts
-€158,522
Other debts
-€324
Investment (derived)
-€18,044
Investment in fixed assets (net)
-€18,044
Financing
-€64,106
Debts after one year
-€188,021
Current portion of long-term debt
-€6,320
Short-term financial debts
+€130,235
Cash 2025
€391,494
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,424,200 | €2,701,001 | -€723,199 | -21.1% |
| Fixed assets | 21/28 | €1,704,029 | €1,535,853 | -€168,176 | -9.9% |
| Tangible fixed assets | 22/27 | €1,703,429 | €1,535,253 | -€168,176 | -9.9% |
| Plant, machinery and equipment | 23 | €1,613,994 | €1,468,001 | -€145,992 | -9.0% |
| Furniture and vehicles | 24 | €35,003 | €20,900 | -€14,104 | -40.3% |
| Other tangible fixed assets | 26 | €54,432 | €46,352 | -€8,080 | -14.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €1,720,170 | €1,165,148 | -€555,023 | -32.3% |
| Stocks and contracts in progress | 3 | €568,264 | €590,384 | +€22,120 | +3.9% |
| Stocks | 30/36 | €568,264 | €590,384 | +€22,120 | +3.9% |
| Amounts receivable within one year | 40/41 | €413,498 | €182,713 | -€230,785 | -55.8% |
| Trade receivables | 40 | €372,140 | €136,281 | -€235,859 | -63.4% |
| Other amounts receivable | 41 | €41,358 | €46,431 | +€5,073 | +12.3% |
| Cash at bank and in hand | 54/58 | €736,301 | €391,494 | -€344,807 | -46.8% |
| Deferred charges and accrued income | 490/1 | €2,108 | €557 | -€1,551 | -73.6% |
| Total equity and liabilities | 10/49 | €3,424,200 | €2,701,001 | -€723,199 | -21.1% |
| Equity | 10/15 | €33,658 | -€222,922 | -€256,580 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,342 | -€332,922 | -€256,580 | -336% |
| Amounts payable | 17/49 | €3,390,541 | €2,923,923 | -€466,619 | -13.8% |
| Amounts payable after more than one year | 17 | €1,693,829 | €1,505,808 | -€188,021 | -11.1% |
| Financial debts | 170/4 | €1,690,029 | €1,502,008 | -€188,021 | -11.1% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,696,712 | €1,418,115 | -€278,597 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €194,341 | €188,021 | -€6,320 | -3.3% |
| Financial debts | 43 | €89,237 | €219,471 | +€130,235 | +146% |
| Credit institutions | 430/8 | €89,237 | €219,471 | +€130,235 | +146% |
| Trade debts | 44 | €1,029,469 | €785,803 | -€243,667 | -23.7% |
| Suppliers | 440/4 | €1,029,469 | €785,803 | -€243,667 | -23.7% |
| Taxes, remuneration and social security | 45 | €383,341 | €224,819 | -€158,522 | -41.4% |
| Taxes | 450/3 | €231,531 | €61,801 | -€169,730 | -73.3% |
| Remuneration and social security | 454/9 | €151,810 | €163,018 | +€11,208 | +7.4% |
| Other amounts payable | 47/48 | €324 | - | -€324 | |
| Remuneration, social security and pensions | 62 | €1,047,926 | €1,200,790 | +€152,864 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,416 | €186,220 | +€1,804 | +1.0% |
| Other operating charges | 640/8 | €43,325 | €81,471 | +€38,147 | +88.0% |
| Gross operating margin | 9900 | €1,590,371 | €1,265,628 | -€324,743 | -20.4% |
| Operating profit (loss) | 9901 | €314,704 | -€202,854 | -€517,558 | |
| Financial income | 75/76B | €3,674 | €5,736 | +€2,061 | +56.1% |
| Recurring financial income | 75 | €3,674 | €5,736 | +€2,061 | +56.1% |
| Financial charges | 65/66B | €56,851 | €57,741 | +€890 | +1.6% |
| Recurring financial charges | 65 | €56,851 | €57,741 | +€890 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €261,528 | -€254,860 | -€516,387 | |
| Income taxes | 67/77 | €217,638 | €1,721 | -€215,917 | -99.2% |
| Profit (loss) for the period | 9904 | €43,890 | -€256,580 | -€300,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,890 | -€256,580 | -€300,470 |
Next steps
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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 2 November 2026 via checked.be.