GOURMAND'ICE: what changed
What changed
GOURMAND'ICE
NACE 10.520, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€63,027
2024 · €3,380+€59,647
Equity
€490,086
2024 · €427,059+€63,027
Cash
€169,733
2024 · €67,620+€102,113
Balance sheet total
€1.1m
2024 · €898,273+€191,233
Largest movements
Assets
- Cash +€102,113
up €102,113 (+151%), from €67,620 to €169,733
mainly Debts after one year (+€105,742) and Depreciation (+€76,031)
- Tangible fixed assets +€78,810
up €78,810 (+9.8%), from €807,657 to €886,467
of which Land and buildings: +€51,410
Equity and liabilities
- Debts after one year +€105,742
up €105,742 (+25.8%), from €409,965 to €515,707
- Reserves +€63,027
up €63,027 (+15.0%), from €420,859 to €483,886
- Trade debts +€13,830
up €13,830 (+250%), from €5,542 to €19,372
Income statement
- Gross operating margin +€74,026
up €74,026 (+31.7%), from €233,638 to €307,664
- Staff costs -€27,122
down €27,122 (-19.3%), from €140,434 to €113,312
- Taxes +€19,087
up €19,087 (+2,696%), from €708 to €19,795
- Depreciation +€15,574
up €15,574 (+25.8%), from €60,458 to €76,031
- Financial charges +€4,548
up €4,548 (+17.5%), from €25,971 to €30,519
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.
Result 2024
€3,380
Gross operating margin
+€74,026
Staff costs
+€27,122
Depreciation
-€15,574
Other operating charges
-€316
Financial income
-€1,974
Financial charges
-€4,548
Taxes
-€19,087
Result 2025
€63,027
raises the resultlowers the result
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.
From operations
+€140,669
Investment
-€154,841
Financing
+€116,286
Cash 2024
€67,620
From operations (derived)
+€140,669
Net result for the year
+€63,027
Depreciation
+€76,031
Receivables within one year
-€3,795
Deferred charges and accrued income
-€6,515
Trade debts
+€13,830
Tax, wage and social debts
-€78
Accrued charges and deferred income
-€1,832
Investment (derived)
-€154,841
Investment in fixed assets (net)
-€154,841
Financing
+€116,286
Debts after one year
+€105,742
Short-term financial debts
+€10,544
Cash 2025
€169,733
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €898,273 | €1,089,505 | +€191,233 | +21.3% |
| Fixed assets | 21/28 | €807,692 | €886,502 | +€78,810 | +9.8% |
| Tangible fixed assets | 22/27 | €807,657 | €886,467 | +€78,810 | +9.8% |
| Land and buildings | 22 | €592,274 | €643,684 | +€51,410 | +8.7% |
| Plant, machinery and equipment | 23 | €184,116 | €193,450 | +€9,334 | +5.1% |
| Furniture and vehicles | 24 | €31,267 | €49,333 | +€18,066 | +57.8% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €90,581 | €203,003 | +€112,423 | +124% |
| Amounts receivable within one year | 40/41 | €21,499 | €25,294 | +€3,795 | +17.7% |
| Trade receivables | 40 | €1,494 | €1,593 | +€98 | +6.6% |
| Other amounts receivable | 41 | €20,005 | €23,701 | +€3,696 | +18.5% |
| Cash at bank and in hand | 54/58 | €67,620 | €169,733 | +€102,113 | +151% |
| Deferred charges and accrued income | 490/1 | €1,462 | €7,977 | +€6,515 | +446% |
| Total equity and liabilities | 10/49 | €898,273 | €1,089,505 | +€191,233 | +21.3% |
| Equity | 10/15 | €427,059 | €490,086 | +€63,027 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €420,859 | €483,886 | +€63,027 | +15.0% |
| Distributable reserves | 133 | €420,859 | €483,886 | +€63,027 | +15.0% |
| Amounts payable | 17/49 | €471,214 | €599,419 | +€128,206 | +27.2% |
| Amounts payable after more than one year | 17 | €409,965 | €515,707 | +€105,742 | +25.8% |
| Financial debts | 170/4 | €409,965 | €515,707 | +€105,742 | +25.8% |
| Amounts payable within one year | 42/48 | €59,417 | €83,712 | +€24,296 | +40.9% |
| Financial debts | 43 | €41,327 | €51,871 | +€10,544 | +25.5% |
| Credit institutions | 430/8 | €41,327 | €51,871 | +€10,544 | +25.5% |
| Trade debts | 44 | €5,542 | €19,372 | +€13,830 | +250% |
| Suppliers | 440/4 | €5,542 | €19,372 | +€13,830 | +250% |
| Taxes, remuneration and social security | 45 | €8,547 | €8,469 | -€78 | -0.9% |
| Taxes | 450/3 | - | €4,868 | +€4,868 | |
| Remuneration and social security | 454/9 | €8,547 | €3,601 | -€4,945 | -57.9% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,832 | - | -€1,832 | |
| Non-recurring operating income | 76A | €11,894 | €9,624 | -€2,270 | -19.1% |
| Remuneration, social security and pensions | 62 | €140,434 | €113,312 | -€27,122 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,458 | €76,031 | +€15,574 | +25.8% |
| Other operating charges | 640/8 | €5,713 | €6,029 | +€316 | +5.5% |
| Gross operating margin | 9900 | €233,638 | €307,664 | +€74,026 | +31.7% |
| Operating profit (loss) | 9901 | €27,034 | €112,291 | +€85,257 | +315% |
| Financial income | 75/76B | €3,025 | €1,050 | -€1,974 | -65.3% |
| Recurring financial income | 75 | €3,025 | €1,050 | -€1,974 | -65.3% |
| Financial charges | 65/66B | €25,971 | €30,519 | +€4,548 | +17.5% |
| Recurring financial charges | 65 | €25,971 | €30,519 | +€4,548 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €4,088 | €82,822 | +€78,735 | +1,926% |
| Income taxes | 67/77 | €708 | €19,795 | +€19,087 | +2,696% |
| Profit (loss) for the period | 9904 | €3,380 | €63,027 | +€59,647 | +1,765% |
| Profit (loss) for the period to be appropriated | 9905 | €3,380 | €63,027 | +€59,647 | +1,765% |
Next steps
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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 4 November 2026 via checked.be.