FOODMAX: 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.
FOODMAX
Largest movements
- Financial fixed assets +€138,876
up €138,876 (+46,377%), from €299 to €139,175
- Tangible fixed assets -€109,560
down €109,560 (-12.0%), from €909,212 to €799,653
of which Land and buildings: -€64,020
- Receivables within one year +€66,344
up €66,344 (+23.1%), from €287,311 to €353,655
of which Other amounts receivable: +€100,532
- Cash -€58,369
down €58,369 (-91.2%), from €63,969 to €5,600
mainly Investment in fixed assets (net) (-€144,857) and Receivables within one year (-€66,344)
- Profit (loss) carried forward +€126,782
up €126,782 (+13.8%), from €918,399 to €1.0m
- Tax, wage and social debts -€42,827
down €42,827 (-99.7%), from €42,941 to €114
- Accrued charges and deferred income -€21,652
down €21,652 (-33.3%), from €64,957 to €43,305
- Current portion of long-term debt -€18,963
down €18,963 (-63.6%), from €29,797 to €10,834
- Gross operating margin -€57,481
down €57,481 (-15.2%), from €378,818 to €321,338
- Taxes -€10,367
down €10,367 (-17.8%), from €58,312 to €47,946
- Other operating charges +€6,164
up €6,164 (+27.0%), from €22,849 to €29,013
- Depreciation +€3,931
up €3,931 (+3.5%), from €111,610 to €115,541
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 | €1,267,462 | €1,315,852 | +€48,390 | +3.8% |
| Fixed assets | 21/28 | €909,512 | €938,828 | +€29,316 | +3.2% |
| Tangible fixed assets | 22/27 | €909,212 | €799,653 | -€109,560 | -12.0% |
| Land and buildings | 22 | €713,264 | €649,244 | -€64,020 | -9.0% |
| Plant, machinery and equipment | 23 | €3,605 | €2,960 | -€645 | -17.9% |
| Furniture and vehicles | 24 | €192,343 | €147,449 | -€44,894 | -23.3% |
| Financial fixed assets | 28 | €299 | €139,175 | +€138,876 | +46,377% |
| Current assets | 29/58 | €357,950 | €377,024 | +€19,074 | +5.3% |
| Amounts receivable within one year | 40/41 | €287,311 | €353,655 | +€66,344 | +23.1% |
| Trade receivables | 40 | €91,726 | €57,537 | -€34,189 | -37.3% |
| Other amounts receivable | 41 | €195,585 | €296,118 | +€100,532 | +51.4% |
| Cash at bank and in hand | 54/58 | €63,969 | €5,600 | -€58,369 | -91.2% |
| Deferred charges and accrued income | 490/1 | €6,670 | €17,769 | +€11,099 | +166% |
| Total equity and liabilities | 10/49 | €1,267,462 | €1,315,852 | +€48,390 | +3.8% |
| Equity | 10/15 | €1,026,455 | €1,153,237 | +€126,782 | +12.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €101,859 | €101,859 | = | 0.0% |
| Distributable reserves | 133 | €101,859 | €101,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €918,399 | €1,045,181 | +€126,782 | +13.8% |
| Amounts payable | 17/49 | €241,007 | €162,615 | -€78,392 | -32.5% |
| Amounts payable after more than one year | 17 | €834 | - | -€834 | |
| Financial debts | 170/4 | €834 | - | -€834 | |
| Amounts payable within one year | 42/48 | €175,216 | €119,310 | -€55,906 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €29,797 | €10,834 | -€18,963 | -63.6% |
| Trade debts | 44 | €84,835 | €86,153 | +€1,318 | +1.6% |
| Suppliers | 440/4 | €84,835 | €86,153 | +€1,318 | +1.6% |
| Taxes, remuneration and social security | 45 | €42,941 | €114 | -€42,827 | -99.7% |
| Taxes | 450/3 | €42,941 | €114 | -€42,827 | -99.7% |
| Other amounts payable | 47/48 | €17,644 | €22,210 | +€4,566 | +25.9% |
| Accrued charges and deferred income | 492/3 | €64,957 | €43,305 | -€21,652 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,610 | €115,541 | +€3,931 | +3.5% |
| Other operating charges | 640/8 | €22,849 | €29,013 | +€6,164 | +27.0% |
| Gross operating margin | 9900 | €378,818 | €321,338 | -€57,481 | -15.2% |
| Operating profit (loss) | 9901 | €244,360 | €176,784 | -€67,576 | -27.7% |
| Financial income | 75/76B | €0 | €411 | +€411 | +684,400% |
| Recurring financial income | 75 | €0 | €411 | +€411 | +684,400% |
| Financial charges | 65/66B | €2,820 | €2,467 | -€354 | -12.5% |
| Recurring financial charges | 65 | €2,820 | €2,467 | -€354 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €241,539 | €174,728 | -€66,811 | -27.7% |
| Income taxes | 67/77 | €58,312 | €47,946 | -€10,367 | -17.8% |
| Profit (loss) for the period | 9904 | €183,227 | €126,782 | -€56,445 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €183,227 | €126,782 | -€56,445 | -30.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.