FUDIUM: 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.
What changed
FUDIUM
NACE 46.389, Wholesale of other food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.5m-€280,516
Equity
€1.5m
2024 · €1.4m+€101,285
Cash
€331,125
2024 · €809,080-€477,955
Balance sheet total
€6.5m
2024 · €6.4m+€87,129
Largest movements
Assets
- Receivables within one year +€532,743
up €532,743 (+11.9%), from €4.5m to €5.0m
of which Trade receivables: +€529,726
- Cash -€477,955
down €477,955 (-59.1%), from €809,080 to €331,125
mainly Contributions, distributions and other (-€1.1m) and Receivables within one year (-€532,743)
- Tangible fixed assets +€197,060
up €197,060 (+153.0%), from €128,779 to €325,839
of which Land and buildings: +€208,916
- Stocks and contracts -€185,146
down €185,146 (-19.6%), from €945,097 to €759,952
Equity and liabilities
- Short-term financial debts +€275,000
up €275,000 (+1100.0%), from €25,000 to €300,000
- Trade debts -€210,473
down €210,473 (-6.6%), from €3.2m to €3.0m
- Profit (loss) carried forward +€101,285
up €101,285 (+8.8%), from €1.2m to €1.3m
- Other debts -€100,000
down €100,000 (-6.1%), from €1.6m to €1.5m
Income statement
- Goods and materials +€605,024
up €605,024 (+2.6%), from €23.5m to €24.1m
of which Change in stocks: decrease (increase): +€332,002
- Turnover +€444,097
up €444,097 (+1.6%), from €27.0m to €27.5m
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.
Result 2024
€1.5m
Turnover
+€444,097
Other operating income
-€10,592
Goods and materials
-€605,024
Services and other goods
-€134,751
Staff costs
+€17,854
Depreciation
+€1,587
Other operating charges
+€76
Other operating items
-€20,260
Financial income
-€41,173
Financial charges
-€17,812
Taxes
+€85,482
Result 2025
€1.2m
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.
From operations
+€658,667
Investment
-€246,622
Financing
-€890,000
Cash 2024
€809,080
From operations (derived)
+€658,667
Net result for the year
+€1.2m
Depreciation
+€49,562
Stocks and contracts
+€185,146
Receivables within one year
-€532,743
Deferred charges and accrued income
-€20,426
Trade debts
-€210,473
Tax, wage and social debts
+€41,317
Other debts
-€100,000
Investment (derived)
-€246,622
Investment in fixed assets (net)
-€246,622
Financing
-€890,000
Current portion of long-term debt
-€20,000
Short-term financial debts
+€275,000
Contributions, distributions and other
-€1.1m
Cash 2025
€331,125
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,430,472 | €6,517,602 | +€87,129 | +1.4% |
| Fixed assets | 21/28 | €134,929 | €331,989 | +€197,060 | +146.0% |
| Tangible fixed assets | 22/27 | €128,779 | €325,839 | +€197,060 | +153.0% |
| Land and buildings | 22 | €57,376 | €266,292 | +€208,916 | +364.1% |
| Furniture and vehicles | 24 | €47,003 | €35,147 | -€11,856 | -25.2% |
| Other tangible fixed assets | 26 | €24,400 | €24,400 | = | 0.0% |
| Financial fixed assets | 28 | €6,150 | €6,150 | = | 0.0% |
| Affiliated companies | 280/1 | €6,150 | €6,150 | = | 0.0% |
| Participating interests | 280 | €6,150 | €6,150 | = | 0.0% |
| Current assets | 29/58 | €6,295,544 | €6,185,613 | -€109,931 | -1.7% |
| Stocks and contracts in progress | 3 | €945,097 | €759,952 | -€185,146 | -19.6% |
| Stocks | 30/36 | €945,097 | €759,952 | -€185,146 | -19.6% |
| Goods purchased for resale | 34 | €945,097 | €759,952 | -€185,146 | -19.6% |
| Amounts receivable within one year | 40/41 | €4,482,517 | €5,015,260 | +€532,743 | +11.9% |
| Trade receivables | 40 | €4,477,684 | €5,007,409 | +€529,726 | +11.8% |
| Other amounts receivable | 41 | €4,833 | €7,850 | +€3,017 | +62.4% |
| Current investments | 50/53 | €58,850 | €58,850 | = | 0.0% |
| Own shares | 50 | €58,850 | €58,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €809,080 | €331,125 | -€477,955 | -59.1% |
| Deferred charges and accrued income | 490/1 | - | €20,426 | +€20,426 | |
| Total equity and liabilities | 10/49 | €6,430,472 | €6,517,602 | +€87,129 | +1.4% |
| Equity | 10/15 | €1,362,189 | €1,463,474 | +€101,285 | +7.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €145,621 | €145,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €79,471 | €79,471 | = | 0.0% |
| Legal reserve | 130 | €20,621 | €20,621 | = | 0.0% |
| Own shares acquired | 1312 | €58,850 | €58,850 | = | 0.0% |
| Distributable reserves | 133 | €66,150 | €66,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,155,068 | €1,256,353 | +€101,285 | +8.8% |
| Amounts payable | 17/49 | €5,068,284 | €5,054,128 | -€14,156 | -0.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €5,068,284 | €5,054,128 | -€14,156 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €0 | -€20,000 | -100.0% |
| Financial debts | 43 | €25,000 | €300,000 | +€275,000 | +1100.0% |
| Credit institutions | 430/8 | €25,000 | €300,000 | +€275,000 | +1100.0% |
| Trade debts | 44 | €3,178,799 | €2,968,325 | -€210,473 | -6.6% |
| Suppliers | 440/4 | €3,178,799 | €2,968,325 | -€210,473 | -6.6% |
| Taxes, remuneration and social security | 45 | €199,485 | €240,802 | +€41,317 | +20.7% |
| Taxes | 450/3 | €165,962 | €216,844 | +€50,882 | +30.7% |
| Remuneration and social security | 454/9 | €33,523 | €23,959 | -€9,565 | -28.5% |
| Other amounts payable | 47/48 | €1,645,000 | €1,545,000 | -€100,000 | -6.1% |
| Operating income | 70/76A | €27,065,506 | €27,478,751 | +€413,245 | +1.5% |
| Turnover | 70 | €27,012,565 | €27,456,661 | +€444,097 | +1.6% |
| Other operating income | 74 | €32,682 | €22,090 | -€10,592 | -32.4% |
| Non-recurring operating income | 76A | €20,260 | €0 | -€20,260 | -100.0% |
| Operating charges | 60/66A | €25,124,871 | €25,845,130 | +€720,259 | +2.9% |
| Goods for resale, raw materials and consumables | 60 | €23,475,854 | €24,080,878 | +€605,024 | +2.6% |
| Purchases | 600/8 | €23,622,711 | €23,895,733 | +€273,022 | +1.2% |
| Change in stocks: decrease (increase) | 609 | -€146,857 | €185,146 | +€332,002 | |
| Services and other goods | 61 | €1,340,501 | €1,475,252 | +€134,751 | +10.1% |
| Remuneration, social security and pensions | 62 | €251,354 | €233,500 | -€17,854 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,148 | €49,562 | -€1,587 | -3.1% |
| Other operating charges | 640/8 | €6,014 | €5,938 | -€76 | -1.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,940,635 | €1,633,621 | -€307,014 | -15.8% |
| Financial income | 75/76B | €103,549 | €62,376 | -€41,173 | -39.8% |
| Recurring financial income | 75 | €103,549 | €62,376 | -€41,173 | -39.8% |
| Income from financial fixed assets | 750 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Income from current assets | 751 | €13,772 | €11,898 | -€1,874 | -13.6% |
| Other financial income | 752/9 | €9,777 | €477 | -€9,299 | -95.1% |
| Financial charges | 65/66B | €22,695 | €40,507 | +€17,812 | +78.5% |
| Recurring financial charges | 65 | €22,695 | €40,507 | +€17,812 | +78.5% |
| Debt charges | 650 | €18,583 | €13,260 | -€5,323 | -28.6% |
| Other financial charges | 652/9 | €4,112 | €27,247 | +€23,135 | +562.6% |
| Profit (loss) for the period before taxes | 9903 | €2,021,489 | €1,655,490 | -€365,999 | -18.1% |
| Income taxes | 67/77 | €494,687 | €409,205 | -€85,482 | -17.3% |
| Taxes | 670/3 | €494,687 | €409,205 | -€85,482 | -17.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,526,802 | €1,246,285 | -€280,516 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,526,802 | €1,246,285 | -€280,516 | -18.4% |
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 2 October 2026 via checked.be.