GOURMET: 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.
GOURMET
Largest movements
- Tangible fixed assets -€192,221
down €192,221 (-18.7%), from €1.0m to €834,305
of which Land and buildings: -€185,703
- Stocks and contracts -€85,637
down €85,637 (-41.0%), from €208,774 to €123,138
- Cash -€43,137
down €43,137 (-80.1%), from €53,880 to €10,742
mainly Debts after one year (-€364,264) and Trade debts (-€143,133)
- Receivables within one year -€25,460
down €25,460 (-37.1%), from €68,658 to €43,198
- Debts after one year -€364,264
down €364,264 (-65.5%), from €555,940 to €191,676
- Profit (loss) carried forward +€192,878
up €192,878, from -€178,650 to €14,228
- Trade debts -€143,133
down €143,133 (-44.1%), from €324,285 to €181,153
- Current portion of long-term debt -€89,662
down €89,662 (-52.0%), from €172,575 to €82,913
- Other debts +€33,899
up €33,899 (+16.9%), from €200,715 to €234,615
- Staff costs -€149,152
down €149,152 (-22.3%), from €668,344 to €519,192
- Gross operating margin +€143,888
up €143,888 (+17.4%), from €828,361 to €972,248
- Taxes +€49,121
up €49,121 (+3,039%), from €1,617 to €50,737
- Financial charges +€28,914
up €28,914 (+53.3%), from €54,252 to €83,166
- Write-downs -€28,423
down €28,423 (-89.0%), from €31,952 to €3,529
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 | €1,379,326 | €1,028,994 | -€350,331 | -25.4% |
| Fixed assets | 21/28 | €1,042,390 | €844,319 | -€198,071 | -19.0% |
| Tangible fixed assets | 22/27 | €1,026,526 | €834,305 | -€192,221 | -18.7% |
| Land and buildings | 22 | €503,943 | €318,240 | -€185,703 | -36.8% |
| Plant, machinery and equipment | 23 | €103,692 | €129,195 | +€25,502 | +24.6% |
| Furniture and vehicles | 24 | €105,723 | €82,272 | -€23,451 | -22.2% |
| Other tangible fixed assets | 26 | €313,167 | €304,598 | -€8,569 | -2.7% |
| Financial fixed assets | 28 | €15,865 | €10,015 | -€5,850 | -36.9% |
| Current assets | 29/58 | €336,935 | €184,675 | -€152,260 | -45.2% |
| Stocks and contracts in progress | 3 | €208,774 | €123,138 | -€85,637 | -41.0% |
| Stocks | 30/36 | €208,774 | €123,138 | -€85,637 | -41.0% |
| Amounts receivable within one year | 40/41 | €68,658 | €43,198 | -€25,460 | -37.1% |
| Trade receivables | 40 | €68,658 | €43,198 | -€25,460 | -37.1% |
| Cash at bank and in hand | 54/58 | €53,880 | €10,742 | -€43,137 | -80.1% |
| Deferred charges and accrued income | 490/1 | €5,623 | €7,597 | +€1,974 | +35.1% |
| Total equity and liabilities | 10/49 | €1,379,326 | €1,028,994 | -€350,331 | -25.4% |
| Equity | 10/15 | -€101,835 | €91,043 | +€192,878 | |
| Contributions | 10/11 | €69,831 | €69,831 | = | 0.0% |
| Reserves | 13 | €6,983 | €6,983 | = | 0.0% |
| Distributable reserves | 133 | €6,983 | €6,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,650 | €14,228 | +€192,878 | |
| Amounts payable | 17/49 | €1,481,161 | €937,952 | -€543,209 | -36.7% |
| Amounts payable after more than one year | 17 | €555,940 | €191,676 | -€364,264 | -65.5% |
| Financial debts | 170/4 | €555,940 | €191,676 | -€364,264 | -65.5% |
| Amounts payable within one year | 42/48 | €917,606 | €743,126 | -€174,480 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €172,575 | €82,913 | -€89,662 | -52.0% |
| Financial debts | 43 | €137,500 | €137,500 | = | 0.0% |
| Credit institutions | 430/8 | €137,500 | €137,500 | = | 0.0% |
| Trade debts | 44 | €324,285 | €181,153 | -€143,133 | -44.1% |
| Suppliers | 440/4 | €324,285 | €181,153 | -€143,133 | -44.1% |
| Taxes, remuneration and social security | 45 | €82,530 | €106,946 | +€24,416 | +29.6% |
| Taxes | 450/3 | €3,373 | €47,893 | +€44,520 | +1,320% |
| Remuneration and social security | 454/9 | €79,157 | €59,053 | -€20,104 | -25.4% |
| Other amounts payable | 47/48 | €200,715 | €234,615 | +€33,899 | +16.9% |
| Accrued charges and deferred income | 492/3 | €7,616 | €3,150 | -€4,465 | -58.6% |
| Non-recurring operating income | 76A | €11,571 | €282,339 | +€270,768 | +2,340% |
| Remuneration, social security and pensions | 62 | €668,344 | €519,192 | -€149,152 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,895 | €104,839 | +€8,945 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €31,952 | €3,529 | -€28,423 | -89.0% |
| Other operating charges | 640/8 | €23,995 | €22,439 | -€1,556 | -6.5% |
| Gross operating margin | 9900 | €828,361 | €972,248 | +€143,888 | +17.4% |
| Operating profit (loss) | 9901 | €8,175 | €322,249 | +€314,074 | +3,842% |
| Financial income | 75/76B | €36 | €4,532 | +€4,496 | +12,413% |
| Recurring financial income | 75 | €36 | €4,532 | +€4,496 | +12,413% |
| Financial charges | 65/66B | €54,252 | €83,166 | +€28,914 | +53.3% |
| Recurring financial charges | 65 | €54,252 | €83,166 | +€28,914 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | -€46,041 | €243,615 | +€289,656 | |
| Income taxes | 67/77 | €1,617 | €50,737 | +€49,121 | +3,039% |
| Profit (loss) for the period | 9904 | -€47,657 | €192,878 | +€240,535 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,657 | €192,878 | +€240,535 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.