FUNCTIONAL FEED ADDITIVES: 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.
FUNCTIONAL FEED ADDITIVES
Largest movements
- Receivables within one year -€17,691
down €17,691 (-23.3%), from €75,802 to €58,111
of which Trade receivables: -€15,600
- Tangible fixed assets -€17,487
down €17,487 (-83.2%), from €21,020 to €3,533
- Stocks and contracts +€7,000
new in 2024: €7,000
- Profit (loss) carried forward -€55,269
down €55,269 (-99.2%), from -€55,700 to -€110,969
- Other debts +€20,021
new in 2024: €20,021
- Tax, wage and social debts +€4,612
up €4,612 (+41.7%), from €11,058 to €15,670
of which Remuneration and social security: +€4,165
- Short-term financial debts +€1,205
new in 2024: €1,205
- Gross operating margin -€22,516
down €22,516 (-79.6%), from -€28,297 to -€50,813
- Depreciation -€6,427
down €6,427 (-79.2%), from €8,117 to €1,690
- Other operating charges +€1,174
up €1,174 (+128.7%), from €912 to €2,086
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,703 | €69,025 | -€28,678 | -29.4% |
| Fixed assets | 21/28 | €21,020 | €3,533 | -€17,487 | -83.2% |
| Tangible fixed assets | 22/27 | €21,020 | €3,533 | -€17,487 | -83.2% |
| Furniture and vehicles | 24 | €21,020 | €3,533 | -€17,487 | -83.2% |
| Current assets | 29/58 | €76,683 | €65,492 | -€11,190 | -14.6% |
| Stocks and contracts in progress | 3 | - | €7,000 | +€7,000 | |
| Contracts in progress | 37 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | €75,802 | €58,111 | -€17,691 | -23.3% |
| Trade receivables | 40 | €36,579 | €20,979 | -€15,600 | -42.6% |
| Other amounts receivable | 41 | €39,223 | €37,132 | -€2,091 | -5.3% |
| Cash at bank and in hand | 54/58 | €245 | - | -€245 | |
| Deferred charges and accrued income | 490/1 | €636 | €382 | -€254 | -40.0% |
| Total equity and liabilities | 10/49 | €97,703 | €69,025 | -€28,678 | -29.4% |
| Equity | 10/15 | €85,594 | €30,325 | -€55,269 | -64.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €139,294 | €139,294 | = | 0.0% |
| Distributable reserves | 133 | €139,294 | €139,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,700 | -€110,969 | -€55,269 | -99.2% |
| Amounts payable | 17/49 | €12,109 | €38,700 | +€26,591 | +219.6% |
| Amounts payable within one year | 42/48 | €12,109 | €38,700 | +€26,591 | +219.6% |
| Financial debts | 43 | - | €1,205 | +€1,205 | |
| Credit institutions | 430/8 | - | €1,205 | +€1,205 | |
| Trade debts | 44 | €1,050 | €1,804 | +€753 | +71.7% |
| Suppliers | 440/4 | €1,050 | €1,804 | +€753 | +71.7% |
| Taxes, remuneration and social security | 45 | €11,058 | €15,670 | +€4,612 | +41.7% |
| Taxes | 450/3 | €6,465 | €6,912 | +€446 | +6.9% |
| Remuneration and social security | 454/9 | €4,593 | €8,758 | +€4,165 | +90.7% |
| Other amounts payable | 47/48 | - | €20,021 | +€20,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,117 | €1,690 | -€6,427 | -79.2% |
| Other operating charges | 640/8 | €912 | €2,086 | +€1,174 | +128.7% |
| Gross operating margin | 9900 | -€28,297 | -€50,813 | -€22,516 | -79.6% |
| Operating profit (loss) | 9901 | -€37,326 | -€54,589 | -€17,264 | -46.3% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €365 | €437 | +€71 | +19.5% |
| Recurring financial charges | 65 | €365 | €437 | +€71 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,691 | -€54,999 | -€17,307 | -45.9% |
| Income taxes | 67/77 | €516 | €270 | -€246 | -47.7% |
| Profit (loss) for the period | 9904 | -€38,207 | -€55,269 | -€17,061 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,207 | -€55,269 | -€17,061 | -44.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.