FROMAGERIE STRAET: 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.
FROMAGERIE STRAET
Largest movements
- Intangible fixed assets -€60,000
down €60,000 (-26.5%), from €226,310 to €166,310
- Tangible fixed assets -€34,003
down €34,003 (-46.2%), from €73,582 to €39,578
of which Furniture and vehicles: -€20,777
- Deferred charges and accrued income +€9,423
up €9,423 (+597%), from €1,578 to €11,001
- Stocks and contracts +€8,999
up €8,999 (+60.1%), from €14,976 to €23,975
- Cash -€5,581
down €5,581 (-14.4%), from €38,685 to €33,103
mainly Other debts (-€218,355) and Net result for the year (-€40,229)
- Other debts -€218,355
down €218,355 (-86.4%), from €252,819 to €34,464
- Debts after one year +€151,216
up €151,216, from €0 to €151,216
- Profit (loss) carried forward -€40,229
down €40,229 (-3,427%), from -€1,174 to -€41,402
- Current portion of long-term debt +€31,105
up €31,105 (+751%), from €4,139 to €35,244
- Tax, wage and social debts -€4,186
down €4,186 (-15.0%), from €27,955 to €23,770
of which Remuneration and social security: -€3,254
- Gross operating margin -€72,126
down €72,126 (-35.5%), from €203,072 to €130,946
- Depreciation -€36,495
down €36,495 (-33.6%), from €108,498 to €72,003
- Financial charges +€14,233
up €14,233 (+169%), from €8,439 to €22,672
of which Non-recurring financial charges: +€10,000
- Staff costs -€7,967
down €7,967 (-10.5%), from €76,230 to €68,262
- Taxes -€6,180
down €6,180 (-97.4%), from €6,345 to €165
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 | €377,869 | €295,541 | -€82,328 | -21.8% |
| Fixed assets | 21/28 | €299,892 | €205,888 | -€94,003 | -31.3% |
| Intangible fixed assets | 21 | €226,310 | €166,310 | -€60,000 | -26.5% |
| Tangible fixed assets | 22/27 | €73,582 | €39,578 | -€34,003 | -46.2% |
| Land and buildings | 22 | €44,055 | €32,375 | -€11,680 | -26.5% |
| Plant, machinery and equipment | 23 | €2,741 | €1,194 | -€1,547 | -56.4% |
| Furniture and vehicles | 24 | €26,786 | €6,009 | -€20,777 | -77.6% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €77,977 | €89,653 | +€11,676 | +15.0% |
| Stocks and contracts in progress | 3 | €14,976 | €23,975 | +€8,999 | +60.1% |
| Stocks | 30/36 | €14,976 | €23,975 | +€8,999 | +60.1% |
| Amounts receivable within one year | 40/41 | €22,738 | €21,574 | -€1,165 | -5.1% |
| Trade receivables | 40 | €20,798 | €19,936 | -€862 | -4.1% |
| Other amounts receivable | 41 | €1,940 | €1,638 | -€302 | -15.6% |
| Cash at bank and in hand | 54/58 | €38,685 | €33,103 | -€5,581 | -14.4% |
| Deferred charges and accrued income | 490/1 | €1,578 | €11,001 | +€9,423 | +597% |
| Total equity and liabilities | 10/49 | €377,869 | €295,541 | -€82,328 | -21.8% |
| Equity | 10/15 | €18,826 | -€21,402 | -€40,229 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,174 | -€41,402 | -€40,229 | -3,427% |
| Amounts payable | 17/49 | €359,043 | €316,943 | -€42,099 | -11.7% |
| Amounts payable after more than one year | 17 | €0 | €151,216 | +€151,216 | |
| Financial debts | 170/4 | €0 | €151,216 | +€151,216 | |
| Amounts payable within one year | 42/48 | €356,850 | €164,436 | -€192,415 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €4,139 | €35,244 | +€31,105 | +751% |
| Trade debts | 44 | €71,937 | €70,958 | -€978 | -1.4% |
| Suppliers | 440/4 | €71,937 | €70,958 | -€978 | -1.4% |
| Taxes, remuneration and social security | 45 | €27,955 | €23,770 | -€4,186 | -15.0% |
| Taxes | 450/3 | €11,572 | €10,640 | -€932 | -8.1% |
| Remuneration and social security | 454/9 | €16,383 | €13,129 | -€3,254 | -19.9% |
| Other amounts payable | 47/48 | €252,819 | €34,464 | -€218,355 | -86.4% |
| Accrued charges and deferred income | 492/3 | €2,192 | €1,291 | -€901 | -41.1% |
| Remuneration, social security and pensions | 62 | €76,230 | €68,262 | -€7,967 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,498 | €72,003 | -€36,495 | -33.6% |
| Other operating charges | 640/8 | €4,738 | €8,072 | +€3,334 | +70.4% |
| Gross operating margin | 9900 | €203,072 | €130,946 | -€72,126 | -35.5% |
| Operating profit (loss) | 9901 | €13,606 | -€17,391 | -€30,998 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €8,439 | €22,672 | +€14,233 | +169% |
| Recurring financial charges | 65 | €8,439 | €12,672 | +€4,233 | +50.2% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €5,171 | -€40,064 | -€45,235 | |
| Income taxes | 67/77 | €6,345 | €165 | -€6,180 | -97.4% |
| Profit (loss) for the period | 9904 | -€1,174 | -€40,229 | -€39,055 | -3,327% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,174 | -€40,229 | -€39,055 | -3,327% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.