GOURMETS SQUAD: 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.
GOURMETS SQUAD
Largest movements
- Financial fixed assets +€75,000
new in 2025: €75,000
- Receivables within one year -€41,230
down €41,230 (-80.2%), from €51,430 to €10,200
of which Trade receivables: -€42,221
- Cash +€7,723
up €7,723 (+437.6%), from €1,765 to €9,488
mainly Receivables within one year (+€41,230) and Debts after one year (+€39,872)
- Tangible fixed assets +€2,089
up €2,089 (+5.4%), from €38,778 to €40,867
of which Furniture and vehicles: +€1,778
- Debts after one year +€39,872
up €39,872 (+236.3%), from €16,871 to €56,744
- Trade debts +€18,897
up €18,897 (+31.0%), from €60,913 to €79,810
- Profit (loss) carried forward -€17,413
down €17,413 (-68.0%), from -€25,616 to -€43,028
- Current portion of long-term debt +€13,711
up €13,711 (+372.0%), from €3,686 to €17,397
- Other debts -€7,934
down €7,934 (-78.8%), from €10,072 to €2,138
- Gross operating margin +€169,039
up €169,039 (+96.3%), from €175,515 to €344,554
- Staff costs +€151,645
up €151,645 (+77.7%), from €195,205 to €346,849
- Depreciation +€5,644
up €5,644 (+163.7%), from €3,448 to €9,092
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,473 | €145,055 | +€44,583 | +44.4% |
| Fixed assets | 21/28 | €38,778 | €115,867 | +€77,089 | +198.8% |
| Tangible fixed assets | 22/27 | €38,778 | €40,867 | +€2,089 | +5.4% |
| Plant, machinery and equipment | 23 | €33,008 | €33,319 | +€311 | +0.9% |
| Furniture and vehicles | 24 | €5,770 | €7,548 | +€1,778 | +30.8% |
| Financial fixed assets | 28 | - | €75,000 | +€75,000 | |
| Current assets | 29/58 | €61,695 | €29,188 | -€32,507 | -52.7% |
| Stocks and contracts in progress | 3 | €8,500 | €9,500 | +€1,000 | +11.8% |
| Stocks | 30/36 | €8,500 | €9,500 | +€1,000 | +11.8% |
| Amounts receivable within one year | 40/41 | €51,430 | €10,200 | -€41,230 | -80.2% |
| Trade receivables | 40 | €47,188 | €4,967 | -€42,221 | -89.5% |
| Other amounts receivable | 41 | €4,242 | €5,233 | +€991 | +23.4% |
| Cash at bank and in hand | 54/58 | €1,765 | €9,488 | +€7,723 | +437.6% |
| Total equity and liabilities | 10/49 | €100,473 | €145,055 | +€44,583 | +44.4% |
| Equity | 10/15 | -€22,616 | -€40,028 | -€17,413 | -77.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,616 | -€43,028 | -€17,413 | -68.0% |
| Amounts payable | 17/49 | €123,089 | €185,084 | +€61,995 | +50.4% |
| Amounts payable after more than one year | 17 | €16,871 | €56,744 | +€39,872 | +236.3% |
| Financial debts | 170/4 | €16,871 | €56,744 | +€39,872 | +236.3% |
| Amounts payable within one year | 42/48 | €106,217 | €128,340 | +€22,123 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €3,686 | €17,397 | +€13,711 | +372.0% |
| Trade debts | 44 | €60,913 | €79,810 | +€18,897 | +31.0% |
| Suppliers | 440/4 | €60,913 | €79,810 | +€18,897 | +31.0% |
| Taxes, remuneration and social security | 45 | €31,547 | €28,995 | -€2,551 | -8.1% |
| Taxes | 450/3 | €8,656 | €5,215 | -€3,440 | -39.7% |
| Remuneration and social security | 454/9 | €22,891 | €23,780 | +€889 | +3.9% |
| Other amounts payable | 47/48 | €10,072 | €2,138 | -€7,934 | -78.8% |
| Remuneration, social security and pensions | 62 | €195,205 | €346,849 | +€151,645 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,448 | €9,092 | +€5,644 | +163.7% |
| Other operating charges | 640/8 | €930 | €1,092 | +€162 | +17.4% |
| Gross operating margin | 9900 | €175,515 | €344,554 | +€169,039 | +96.3% |
| Operating profit (loss) | 9901 | -€24,067 | -€12,479 | +€11,589 | +48.2% |
| Financial charges | 65/66B | €1,509 | €4,879 | +€3,370 | +223.3% |
| Recurring financial charges | 65 | €1,509 | €4,879 | +€3,370 | +223.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,577 | -€17,358 | +€8,219 | +32.1% |
| Income taxes | 67/77 | €39 | €55 | +€16 | +40.5% |
| Profit (loss) for the period | 9904 | -€25,616 | -€17,413 | +€8,203 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,616 | -€17,413 | +€8,203 | +32.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.