FRESH & FAST: what changed
Two fiscal 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.
FRESH & FAST
Largest movements
- Tangible fixed assets -€21,577
down €21,577 (-7.2%), from €300,518 to €278,941
of which Land and buildings: -€21,379
- Cash +€7,903
up €7,903 (+4.5%), from €176,257 to €184,160
mainly Depreciation (+€21,577) and Net result for the year (+€10,566)
- Debts after one year -€32,617
down €32,617 (-18.4%), from €177,026 to €144,409
of which Financial debts: -€32,617
- Reserves +€10,566
up €10,566 (+6.0%), from €175,399 to €185,965
of which Distributable reserves: +€32,871
- Provisions -€5,576
down €5,576 (-11.5%), from €48,627 to €43,051
- Gross operating margin +€6,985
up €6,985 (+20.3%), from €34,403 to €41,388
- Taxes +€2,480
up €2,480 (+175.2%), from €1,416 to €3,896
- Financial charges -€1,171
down €1,171 (-16.1%), from €7,285 to €6,114
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.
Cash bridge derived
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 | €491,260 | €473,440 | -€17,821 | -3.6% |
| Fixed assets | 21/28 | €300,518 | €278,941 | -€21,577 | -7.2% |
| Tangible fixed assets | 22/27 | €300,518 | €278,941 | -€21,577 | -7.2% |
| Land and buildings | 22 | €294,299 | €272,920 | -€21,379 | -7.3% |
| Plant, machinery and equipment | 23 | €719 | €521 | -€198 | -27.6% |
| Furniture and vehicles | 24 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €190,742 | €194,499 | +€3,756 | +2.0% |
| Amounts receivable within one year | 40/41 | €12,204 | €8,406 | -€3,799 | -31.1% |
| Trade receivables | 40 | €10,903 | €8,406 | -€2,498 | -22.9% |
| Other amounts receivable | 41 | €1,301 | - | -€1,301 | |
| Cash at bank and in hand | 54/58 | €176,257 | €184,160 | +€7,903 | +4.5% |
| Deferred charges and accrued income | 490/1 | €2,281 | €1,933 | -€348 | -15.3% |
| Total equity and liabilities | 10/49 | €491,260 | €473,440 | -€17,821 | -3.6% |
| Equity | 10/15 | €193,949 | €204,515 | +€10,566 | +5.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €175,399 | €185,965 | +€10,566 | +6.0% |
| Tax-exempt reserves | 132 | €95,470 | €73,166 | -€22,304 | -23.4% |
| Distributable reserves | 133 | €79,929 | €112,800 | +€32,871 | +41.1% |
| Provisions and deferred taxes | 16 | €48,627 | €43,051 | -€5,576 | -11.5% |
| Deferred taxes | 168 | €48,627 | €43,051 | -€5,576 | -11.5% |
| Amounts payable | 17/49 | €248,684 | €225,873 | -€22,811 | -9.2% |
| Amounts payable after more than one year | 17 | €177,026 | €144,409 | -€32,617 | -18.4% |
| Financial debts | 170/4 | €163,826 | €131,209 | -€32,617 | -19.9% |
| Other amounts payable | 178/9 | €13,200 | €13,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,658 | €81,464 | +€9,806 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €31,726 | €32,617 | +€891 | +2.8% |
| Trade debts | 44 | €2,942 | €6,251 | +€3,308 | +112.4% |
| Suppliers | 440/4 | €2,942 | €6,251 | +€3,308 | +112.4% |
| Taxes, remuneration and social security | 45 | €7,119 | €7,892 | +€773 | +10.9% |
| Taxes | 450/3 | €7,119 | €6,450 | -€669 | -9.4% |
| Remuneration and social security | 454/9 | - | €1,442 | +€1,442 | |
| Other amounts payable | 47/48 | €29,870 | €34,704 | +€4,834 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,615 | €21,577 | -€38 | -0.2% |
| Other operating charges | 640/8 | €5,201 | €4,811 | -€390 | -7.5% |
| Gross operating margin | 9900 | €34,403 | €41,388 | +€6,985 | +20.3% |
| Operating profit (loss) | 9901 | €7,586 | €15,000 | +€7,414 | +97.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2200.0% |
| Financial charges | 65/66B | €7,285 | €6,114 | -€1,171 | -16.1% |
| Recurring financial charges | 65 | €7,285 | €6,114 | -€1,171 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €301 | €8,886 | +€8,585 | +2850.9% |
| Transfer from deferred taxes | 780 | €2,495 | €5,576 | +€3,082 | +123.5% |
| Income taxes | 67/77 | €1,416 | €3,896 | +€2,480 | +175.2% |
| Profit (loss) for the period | 9904 | €1,380 | €10,566 | +€9,187 | +665.8% |
| Transfer from tax-exempt reserves | 789 | €9,978 | €22,304 | +€12,326 | +123.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,358 | €32,871 | +€21,513 | +189.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.