GREEN MEAT: 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.
What changed
GREEN MEAT
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€376,688
2024 · €127,169-€503,857
Equity
€700,675
2024 · €1.1m-€376,688
Cash
€2,099
2024 · €292+€1,808
Balance sheet total
€1.4m
2024 · €1.8m-€452,424
Largest movements
Assets
- Receivables within one year -€398,524
down €398,524 (-78.4%), from €508,276 to €109,752
of which Trade receivables: -€394,461
- Tangible fixed assets -€55,640
down €55,640 (-4.2%), from €1.3m to €1.3m
of which Land and buildings: -€41,873
Equity and liabilities
- Profit (loss) carried forward -€376,688
down €376,688 (-69.9%), from -€538,549 to -€915,237
- Debts after one year -€91,100
down €91,100 (-26.7%), from €341,465 to €250,365
- Revaluation surpluses -€43,707
down €43,707 (-5.1%), from €859,185 to €815,477
- Reserves +€43,707
up €43,707 (+50.0%), from €87,415 to €131,122
- Other debts +€31,920
up €31,920 (+770%), from €4,144 to €36,064
Income statement
- Other operating charges +€368,170
up €368,170 (+8,122%), from €4,533 to €372,703
- Gross operating margin -€36,291
down €36,291 (-14.7%), from €246,840 to €210,550
- Write-downs +€34,449
new in 2025: €34,449
- Financial income +€24,583
up €24,583 (+6,436%), from €382 to €24,965
- Taxes +€15,438
new in 2025: €15,438
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.
Result 2024
€127,169
Gross operating margin
-€36,291
Depreciation
+€6,107
Write-downs
-€34,449
Other operating charges
-€368,170
Other operating items
-€90,506
Financial income
+€24,583
Financial charges
+€10,306
Taxes
-€15,438
Result 2025
-€376,688
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€106,037
Investment
-€11,453
Financing
-€92,776
Cash 2024
€292
From operations (derived)
+€106,037
Net result for the year
-€376,688
Depreciation
+€63,493
Receivables within one year
+€398,524
Deferred charges and accrued income
+€3,667
Trade debts
-€31,812
Tax, wage and social debts
+€15,250
Other debts
+€31,920
Accrued charges and deferred income
+€1,683
Investment (derived)
-€11,453
Investment in fixed assets (net)
-€11,453
Financing
-€92,776
Debts after one year
-€91,100
Current portion of long-term debt
+€17,543
Short-term financial debts
-€19,219
Cash 2025
€2,099
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,841,608 | €1,389,184 | -€452,424 | -24.6% |
| Fixed assets | 21/28 | €1,329,114 | €1,277,073 | -€52,040 | -3.9% |
| Tangible fixed assets | 22/27 | €1,328,889 | €1,273,248 | -€55,640 | -4.2% |
| Land and buildings | 22 | €1,261,465 | €1,219,592 | -€41,873 | -3.3% |
| Plant, machinery and equipment | 23 | €62,515 | €48,235 | -€14,280 | -22.8% |
| Furniture and vehicles | 24 | €3,339 | €3,851 | +€512 | +15.3% |
| Other tangible fixed assets | 26 | €1,570 | €1,570 | = | 0.0% |
| Financial fixed assets | 28 | €225 | €3,825 | +€3,600 | +1,600% |
| Current assets | 29/58 | €512,495 | €112,111 | -€400,384 | -78.1% |
| Amounts receivable within one year | 40/41 | €508,276 | €109,752 | -€398,524 | -78.4% |
| Trade receivables | 40 | €504,127 | €109,666 | -€394,461 | -78.2% |
| Other amounts receivable | 41 | €4,150 | €86 | -€4,063 | -97.9% |
| Cash at bank and in hand | 54/58 | €292 | €2,099 | +€1,808 | +620% |
| Deferred charges and accrued income | 490/1 | €3,927 | €260 | -€3,667 | -93.4% |
| Total equity and liabilities | 10/49 | €1,841,608 | €1,389,184 | -€452,424 | -24.6% |
| Equity | 10/15 | €1,077,363 | €700,675 | -€376,688 | -35.0% |
| Contributions | 10/11 | €669,313 | €669,313 | = | 0.0% |
| Capital | 10 | €669,313 | €669,313 | = | 0.0% |
| Issued capital | 100 | €669,313 | €669,313 | = | 0.0% |
| Revaluation surpluses | 12 | €859,185 | €815,477 | -€43,707 | -5.1% |
| Reserves | 13 | €87,415 | €131,122 | +€43,707 | +50.0% |
| Distributable reserves | 133 | €87,415 | €131,122 | +€43,707 | +50.0% |
| Profit (loss) carried forward | 14 | -€538,549 | -€915,237 | -€376,688 | -69.9% |
| Amounts payable | 17/49 | €764,245 | €688,509 | -€75,736 | -9.9% |
| Amounts payable after more than one year | 17 | €341,465 | €250,365 | -€91,100 | -26.7% |
| Financial debts | 170/4 | €341,465 | €250,365 | -€91,100 | -26.7% |
| Amounts payable within one year | 42/48 | €422,440 | €436,121 | +€13,681 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €219,838 | €237,381 | +€17,543 | +8.0% |
| Financial debts | 43 | €119,219 | €100,000 | -€19,219 | -16.1% |
| Credit institutions | 430/8 | €119,219 | €100,000 | -€19,219 | -16.1% |
| Trade debts | 44 | €73,310 | €41,498 | -€31,812 | -43.4% |
| Suppliers | 440/4 | €73,310 | €41,498 | -€31,812 | -43.4% |
| Taxes, remuneration and social security | 45 | €5,929 | €21,179 | +€15,250 | +257% |
| Taxes | 450/3 | €5,929 | €21,179 | +€15,250 | +257% |
| Other amounts payable | 47/48 | €4,144 | €36,064 | +€31,920 | +770% |
| Accrued charges and deferred income | 492/3 | €339 | €2,022 | +€1,683 | +496% |
| Non-recurring operating income | 76A | €34,799 | €859 | -€33,940 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,600 | €63,493 | -€6,107 | -8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €34,449 | +€34,449 | |
| Other operating charges | 640/8 | €4,533 | €372,703 | +€368,170 | +8,122% |
| Non-recurring operating charges | 66A | €3,998 | €94,504 | +€90,506 | +2,264% |
| Gross operating margin | 9900 | €246,840 | €210,550 | -€36,291 | -14.7% |
| Operating profit (loss) | 9901 | €168,709 | -€354,600 | -€523,309 | |
| Financial income | 75/76B | €382 | €24,965 | +€24,583 | +6,436% |
| Recurring financial income | 75 | €382 | €24,965 | +€24,583 | +6,436% |
| Financial charges | 65/66B | €41,921 | €31,616 | -€10,306 | -24.6% |
| Recurring financial charges | 65 | €41,921 | €31,616 | -€10,306 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €127,169 | -€361,250 | -€488,420 | |
| Income taxes | 67/77 | - | €15,438 | +€15,438 | |
| Profit (loss) for the period | 9904 | €127,169 | -€376,688 | -€503,857 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,169 | -€376,688 | -€503,857 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.