G FOOD: what changed
G FOOD
Largest movements
- Tangible fixed assets +€26,473
up €26,473 (+167%), from €15,850 to €42,324
of which Other tangible fixed assets: +€16,408
- Receivables within one year -€14,373
down €14,373 (-82.3%), from €17,470 to €3,098
of which Trade receivables: -€14,373
- Intangible fixed assets -€14,000
down €14,000 (-94.7%), from €14,786 to €786
- Cash -€13,550
down €13,550 (-80.0%), from €16,948 to €3,397
mainly Investment in fixed assets (net) (-€33,172) and Other debts (-€26,000)
- Deferred charges and accrued income +€4,863
up €4,863 (+160%), from €3,046 to €7,909
- Debts after one year +€31,729
up €31,729 (+894%), from €3,548 to €35,276
- Other debts -€26,000
down €26,000 (-9.9%), from €261,533 to €235,533
- Tax, wage and social debts -€14,925
down €14,925 (-34.2%), from €43,648 to €28,723
of which Remuneration and social security: -€7,867
- Profit (loss) carried forward -€5,811
down €5,811 (-1.9%), from -€304,545 to -€310,355
- Trade debts +€3,401
up €3,401 (+8.4%), from €40,335 to €43,736
- Gross operating margin -€42,616
down €42,616 (-17.4%), from €245,438 to €202,822
- Staff costs -€17,076
down €17,076 (-10.5%), from €162,494 to €145,418
- Depreciation +€10,361
up €10,361 (+100%), from €10,338 to €20,698
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,586 | €63,979 | -€13,607 | -17.5% |
| Fixed assets | 21/28 | €32,161 | €44,634 | +€12,473 | +38.8% |
| Intangible fixed assets | 21 | €14,786 | €786 | -€14,000 | -94.7% |
| Tangible fixed assets | 22/27 | €15,850 | €42,324 | +€26,473 | +167% |
| Plant, machinery and equipment | 23 | €2,058 | €11,580 | +€9,522 | +463% |
| Furniture and vehicles | 24 | €5,089 | €5,632 | +€544 | +10.7% |
| Other tangible fixed assets | 26 | €8,703 | €25,111 | +€16,408 | +189% |
| Financial fixed assets | 28 | €1,525 | €1,525 | = | 0.0% |
| Current assets | 29/58 | €45,425 | €19,344 | -€26,080 | -57.4% |
| Stocks and contracts in progress | 3 | €7,960 | €4,940 | -€3,020 | -37.9% |
| Stocks | 30/36 | €7,960 | €4,940 | -€3,020 | -37.9% |
| Amounts receivable within one year | 40/41 | €17,470 | €3,098 | -€14,373 | -82.3% |
| Trade receivables | 40 | €16,611 | €2,239 | -€14,373 | -86.5% |
| Other amounts receivable | 41 | €859 | €859 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,948 | €3,397 | -€13,550 | -80.0% |
| Deferred charges and accrued income | 490/1 | €3,046 | €7,909 | +€4,863 | +160% |
| Total equity and liabilities | 10/49 | €77,586 | €63,979 | -€13,607 | -17.5% |
| Equity | 10/15 | -€285,945 | -€291,755 | -€5,811 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€304,545 | -€310,355 | -€5,811 | -1.9% |
| Amounts payable | 17/49 | €363,530 | €355,734 | -€7,796 | -2.1% |
| Amounts payable after more than one year | 17 | €3,548 | €35,276 | +€31,729 | +894% |
| Financial debts | 170/4 | €3,548 | €35,276 | +€31,729 | +894% |
| Amounts payable within one year | 42/48 | €359,983 | €320,458 | -€39,525 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €14,467 | €12,466 | -€2,001 | -13.8% |
| Trade debts | 44 | €40,335 | €43,736 | +€3,401 | +8.4% |
| Suppliers | 440/4 | €40,335 | €43,736 | +€3,401 | +8.4% |
| Taxes, remuneration and social security | 45 | €43,648 | €28,723 | -€14,925 | -34.2% |
| Taxes | 450/3 | €11,291 | €4,233 | -€7,058 | -62.5% |
| Remuneration and social security | 454/9 | €32,357 | €24,490 | -€7,867 | -24.3% |
| Other amounts payable | 47/48 | €261,533 | €235,533 | -€26,000 | -9.9% |
| Remuneration, social security and pensions | 62 | €162,494 | €145,418 | -€17,076 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,338 | €20,698 | +€10,361 | +100% |
| Other operating charges | 640/8 | €12,462 | €10,926 | -€1,536 | -12.3% |
| Non-recurring operating charges | 66A | €1,167 | - | -€1,167 | |
| Gross operating margin | 9900 | €245,438 | €202,822 | -€42,616 | -17.4% |
| Operating profit (loss) | 9901 | €58,978 | €25,780 | -€33,198 | -56.3% |
| Financial income | 75/76B | €278 | €2 | -€277 | -99.4% |
| Recurring financial income | 75 | €278 | €2 | -€277 | -99.4% |
| Financial charges | 65/66B | €30,353 | €31,592 | +€1,239 | +4.1% |
| Recurring financial charges | 65 | €30,353 | €31,592 | +€1,239 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €28,903 | -€5,811 | -€34,714 | |
| Profit (loss) for the period | 9904 | €28,903 | -€5,811 | -€34,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,903 | -€5,811 | -€34,714 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.