FRESH FISH: 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 FISH
Largest movements
- Cash +€6,736
up €6,736 (+127.0%), from €5,305 to €12,041
mainly Net result for the year (+€14,300) and Depreciation (+€6,745)
- Tangible fixed assets -€5,690
down €5,690 (-37.6%), from €15,148 to €9,458
of which Land and buildings: -€3,767
- Stocks and contracts -€4,265
no longer reported in 2025 (was €4,265)
- Formation expenses -€1,055
down €1,055 (-50.0%), from €2,109 to €1,055
- Profit (loss) carried forward +€14,300
up €14,300, from -€6,299 to €8,001
- Trade debts -€12,444
down €12,444 (-80.8%), from €15,394 to €2,951
- Tax, wage and social debts -€6,130
down €6,130 (-48.1%), from €12,732 to €6,601
of which Remuneration and social security: -€4,460
- Turnover +€42,844
up €42,844 (+23.4%), from €182,922 to €225,766
- Gross operating margin +€22,139
up €22,139 (+67.3%), from €32,886 to €55,025
- Purchases and services +€20,705
up €20,705 (+13.8%), from €150,036 to €170,741
- Staff costs +€12,842
up €12,842 (+61.7%), from €20,829 to €33,672
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 | €26,827 | €22,553 | -€4,274 | -15.9% |
| Formation expenses | 20 | €2,109 | €1,055 | -€1,055 | -50.0% |
| Fixed assets | 21/28 | €15,148 | €9,458 | -€5,690 | -37.6% |
| Tangible fixed assets | 22/27 | €15,148 | €9,458 | -€5,690 | -37.6% |
| Land and buildings | 22 | €11,302 | €7,535 | -€3,767 | -33.3% |
| Plant, machinery and equipment | 23 | €3,846 | €1,923 | -€1,923 | -50.0% |
| Current assets | 29/58 | €9,570 | €12,041 | +€2,471 | +25.8% |
| Stocks and contracts in progress | 3 | €4,265 | - | -€4,265 | |
| Stocks | 30/36 | €4,265 | - | -€4,265 | |
| Cash at bank and in hand | 54/58 | €5,305 | €12,041 | +€6,736 | +127.0% |
| Total equity and liabilities | 10/49 | €26,827 | €22,553 | -€4,274 | -15.9% |
| Equity | 10/15 | -€1,299 | €13,001 | +€14,300 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,299 | €8,001 | +€14,300 | |
| Amounts payable | 17/49 | €28,126 | €9,552 | -€18,574 | -66.0% |
| Amounts payable within one year | 42/48 | €28,126 | €9,552 | -€18,574 | -66.0% |
| Trade debts | 44 | €15,394 | €2,951 | -€12,444 | -80.8% |
| Suppliers | 440/4 | €15,394 | €2,951 | -€12,444 | -80.8% |
| Taxes, remuneration and social security | 45 | €12,732 | €6,601 | -€6,130 | -48.1% |
| Taxes | 450/3 | €4,347 | €2,676 | -€1,671 | -38.4% |
| Remuneration and social security | 454/9 | €8,385 | €3,925 | -€4,460 | -53.2% |
| Turnover | 70 | €182,922 | €225,766 | +€42,844 | +23.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,036 | €170,741 | +€20,705 | +13.8% |
| Remuneration, social security and pensions | 62 | €20,829 | €33,672 | +€12,842 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,690 | €6,745 | +€1,055 | +18.5% |
| Other operating charges | 640/8 | €516 | €204 | -€312 | -60.5% |
| Gross operating margin | 9900 | €32,886 | €55,025 | +€22,139 | +67.3% |
| Operating profit (loss) | 9901 | €5,851 | €14,405 | +€8,554 | +146.2% |
| Financial charges | 65/66B | €59 | €104 | +€45 | +75.5% |
| Recurring financial charges | 65 | €59 | €104 | +€45 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €5,791 | €14,300 | +€8,509 | +146.9% |
| Profit (loss) for the period | 9904 | €5,791 | €14,300 | +€8,509 | +146.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,791 | €14,300 | +€8,509 | +146.9% |
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.