HAB 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.
HAB MEAT
Largest movements
- Receivables within one year +€217,172
up €217,172 (+25.1%), from €866,219 to €1.1m
of which Other amounts receivable: +€228,851
- Cash +€48,292
up €48,292 (+260%), from €18,564 to €66,856
mainly Other debts (+€175,000) and Net result for the year (+€163,930)
- Tangible fixed assets +€14,787
up €14,787 (+191%), from €7,737 to €22,525
of which Furniture and vehicles: +€14,952
- Other debts +€175,000
new in 2024: €175,000
- Trade debts +€154,883
up €154,883 (+225%), from €68,747 to €223,631
- Tax, wage and social debts -€23,098
down €23,098 (-9.0%), from €255,461 to €232,363
of which Taxes: -€42,167
- Staff costs +€146,753
up €146,753 (+14.4%), from €1.0m to €1.2m
- Taxes -€70,304
down €70,304 (-90.7%), from €77,529 to €7,225
- Gross operating margin +€35,664
up €35,664 (+2.8%), from €1.3m to €1.3m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €893,636 | €1,183,460 | +€289,823 | +32.4% |
| Fixed assets | 21/28 | €7,737 | €22,525 | +€14,787 | +191% |
| Tangible fixed assets | 22/27 | €7,737 | €22,525 | +€14,787 | +191% |
| Plant, machinery and equipment | 23 | €428 | €263 | -€165 | -38.6% |
| Furniture and vehicles | 24 | €7,309 | €22,262 | +€14,952 | +205% |
| Current assets | 29/58 | €885,899 | €1,160,935 | +€275,036 | +31.0% |
| Amounts receivable within one year | 40/41 | €866,219 | €1,083,391 | +€217,172 | +25.1% |
| Trade receivables | 40 | €96,878 | €85,199 | -€11,679 | -12.1% |
| Other amounts receivable | 41 | €769,340 | €998,192 | +€228,851 | +29.7% |
| Cash at bank and in hand | 54/58 | €18,564 | €66,856 | +€48,292 | +260% |
| Deferred charges and accrued income | 490/1 | €1,116 | €10,688 | +€9,572 | +857% |
| Total equity and liabilities | 10/49 | €893,636 | €1,183,460 | +€289,823 | +32.4% |
| Equity | 10/15 | €563,536 | €552,466 | -€11,070 | -2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €490,641 | €490,641 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €488,781 | €488,781 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,695 | €55,625 | -€11,070 | -16.6% |
| Amounts payable | 17/49 | €330,100 | €630,994 | +€300,893 | +91.2% |
| Amounts payable within one year | 42/48 | €330,100 | €630,994 | +€300,893 | +91.2% |
| Current portion of amounts payable after more than one year | 42 | €5,892 | - | -€5,892 | |
| Trade debts | 44 | €68,747 | €223,631 | +€154,883 | +225% |
| Suppliers | 440/4 | €68,747 | €223,631 | +€154,883 | +225% |
| Taxes, remuneration and social security | 45 | €255,461 | €232,363 | -€23,098 | -9.0% |
| Taxes | 450/3 | €188,207 | €146,041 | -€42,167 | -22.4% |
| Remuneration and social security | 454/9 | €67,253 | €86,322 | +€19,069 | +28.4% |
| Other amounts payable | 47/48 | - | €175,000 | +€175,000 | |
| Remuneration, social security and pensions | 62 | €1,019,866 | €1,166,619 | +€146,753 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,841 | €10,113 | -€6,728 | -40.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €67 | - | -€67 | |
| Other operating charges | 640/8 | €8,422 | €9,641 | +€1,219 | +14.5% |
| Gross operating margin | 9900 | €1,282,423 | €1,318,087 | +€35,664 | +2.8% |
| Operating profit (loss) | 9901 | €237,227 | €131,714 | -€105,513 | -44.5% |
| Financial income | 75/76B | €31,796 | €44,657 | +€12,862 | +40.5% |
| Recurring financial income | 75 | €31,796 | €44,657 | +€12,862 | +40.5% |
| Financial charges | 65/66B | €2,678 | €5,217 | +€2,539 | +94.8% |
| Recurring financial charges | 65 | €2,678 | €5,217 | +€2,539 | +94.8% |
| Profit (loss) for the period before taxes | 9903 | €266,345 | €171,155 | -€95,191 | -35.7% |
| Income taxes | 67/77 | €77,529 | €7,225 | -€70,304 | -90.7% |
| Profit (loss) for the period | 9904 | €188,816 | €163,930 | -€24,886 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €188,816 | €163,930 | -€24,886 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.