Fresh Meat: 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.
Fresh Meat
Largest movements
- Financial fixed assets -€128,125
down €128,125 (-100%), from €128,125 to €0
- Receivables within one year +€71,754
up €71,754 (+137%), from €52,530 to €124,284
of which Trade receivables: +€72,762
- Cash -€31,372
down €31,372 (-40.9%), from €76,782 to €45,410
mainly Receivables within one year (-€71,754) and Other debts (-€65,831)
- Tangible fixed assets +€16,237
up €16,237 (+149%), from €10,921 to €27,158
of which Furniture and vehicles: +€13,440
- Other debts -€65,831
down €65,831 (-86.6%), from €76,002 to €10,171
- Profit (loss) carried forward -€49,961
new in 2025: -€49,961
- Trade debts +€15,150
up €15,150 (+22.7%), from €66,666 to €81,816
- Debts after one year +€12,745
new in 2025: €12,745
- Tax, wage and social debts +€12,086
up €12,086 (+245%), from €4,931 to €17,017
- Financial charges +€109,820
up €109,820 (+18,367%), from €598 to €110,418
of which Non-recurring financial charges: +€109,525
- Financial income +€26,584
up €26,584 (+232,581%), from €11 to €26,595
- Gross operating margin -€10,095
down €10,095 (-15.1%), from €66,782 to €56,687
- Taxes -€3,258
down €3,258 (-17.2%), from €18,931 to €15,673
- Depreciation +€1,753
up €1,753 (+30.2%), from €5,810 to €7,563
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 | €268,869 | €197,452 | -€71,417 | -26.6% |
| Fixed assets | 21/28 | €139,046 | €27,158 | -€111,888 | -80.5% |
| Tangible fixed assets | 22/27 | €10,921 | €27,158 | +€16,237 | +149% |
| Plant, machinery and equipment | 23 | - | €2,797 | +€2,797 | |
| Furniture and vehicles | 24 | €10,921 | €24,361 | +€13,440 | +123% |
| Financial fixed assets | 28 | €128,125 | €0 | -€128,125 | -100% |
| Current assets | 29/58 | €129,823 | €170,294 | +€40,471 | +31.2% |
| Stocks and contracts in progress | 3 | €510 | €600 | +€90 | +17.6% |
| Stocks | 30/36 | €510 | €600 | +€90 | +17.6% |
| Amounts receivable within one year | 40/41 | €52,530 | €124,284 | +€71,754 | +137% |
| Trade receivables | 40 | €50,463 | €123,226 | +€72,762 | +144% |
| Other amounts receivable | 41 | €2,067 | €1,058 | -€1,009 | -48.8% |
| Cash at bank and in hand | 54/58 | €76,782 | €45,410 | -€31,372 | -40.9% |
| Total equity and liabilities | 10/49 | €268,869 | €197,452 | -€71,417 | -26.6% |
| Equity | 10/15 | €121,270 | €68,744 | -€52,526 | -43.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €71,270 | €68,705 | -€2,565 | -3.6% |
| Non-distributable reserves | 130/1 | €2,565 | €0 | -€2,565 | -100% |
| Reserves not available under the articles | 1311 | €2,565 | €0 | -€2,565 | -100% |
| Distributable reserves | 133 | €68,705 | €68,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€49,961 | -€49,961 | |
| Amounts payable | 17/49 | €147,599 | €128,708 | -€18,891 | -12.8% |
| Amounts payable after more than one year | 17 | - | €12,745 | +€12,745 | |
| Financial debts | 170/4 | - | €12,745 | +€12,745 | |
| Amounts payable within one year | 42/48 | €147,599 | €115,963 | -€31,636 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,959 | +€6,959 | |
| Trade debts | 44 | €66,666 | €81,816 | +€15,150 | +22.7% |
| Suppliers | 440/4 | €66,666 | €81,816 | +€15,150 | +22.7% |
| Taxes, remuneration and social security | 45 | €4,931 | €17,017 | +€12,086 | +245% |
| Taxes | 450/3 | €4,931 | €17,017 | +€12,086 | +245% |
| Other amounts payable | 47/48 | €76,002 | €10,171 | -€65,831 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,810 | €7,563 | +€1,753 | +30.2% |
| Other operating charges | 640/8 | €1,437 | €2,154 | +€717 | +49.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €66,782 | €56,687 | -€10,095 | -15.1% |
| Operating profit (loss) | 9901 | €59,535 | €46,970 | -€12,565 | -21.1% |
| Financial income | 75/76B | €11 | €26,595 | +€26,584 | +232,581% |
| Recurring financial income | 75 | €11 | €26,595 | +€26,584 | +232,581% |
| Financial charges | 65/66B | €598 | €110,418 | +€109,820 | +18,367% |
| Recurring financial charges | 65 | €598 | €893 | +€295 | +49.3% |
| Non-recurring financial charges | 66B | - | €109,525 | +€109,525 | |
| Profit (loss) for the period before taxes | 9903 | €58,948 | -€36,853 | -€95,801 | |
| Income taxes | 67/77 | €18,931 | €15,673 | -€3,258 | -17.2% |
| Profit (loss) for the period | 9904 | €40,017 | -€52,526 | -€92,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,017 | -€52,526 | -€92,543 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.