HalalSupply: 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
HalalSupply
NACE 10.130, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€490,052
2024 · €827,773-€337,721
Equity
€4.8m
2024 · €4.3m+€490,052
Cash
€3.3m
2024 · €3.5m-€179,922
Balance sheet total
€26.0m
2024 · €23.3m+€2.8m
Largest movements
Assets
- Receivables within one year +€2.4m
up €2.4m (+14.8%), from €16.1m to €18.5m
of which Trade receivables: +€2.8m
- Stocks and contracts +€430,520
up €430,520 (+29.0%), from €1.5m to €1.9m
- Tangible fixed assets +€309,271
up €309,271 (+16.5%), from €1.9m to €2.2m
of which Leasing and similar rights: +€596,704
Equity and liabilities
- Trade debts +€1.9m
up €1.9m (+12.3%), from €15.3m to €17.1m
- Debts after one year +€401,653
up €401,653 (+373%), from €107,770 to €509,422
- Profit (loss) carried forward +€279,552
up €279,552 (+7.5%), from €3.7m to €4.0m
Income statement
- Turnover +€1.4m
up €1.4m (+6.7%), from €20.9m to €22.3m
- Goods and materials +€1.3m
up €1.3m (+10.8%), from €11.7m to €12.9m
of which Purchases: +€1.7m
- Staff costs +€315,446
up €315,446 (+13.7%), from €2.3m to €2.6m
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
€827,773
Turnover
+€1.4m
Other operating income
+€7,306
Goods and materials
-€1.3m
Services and other goods
-€91,991
Staff costs
-€315,446
Depreciation
-€140,042
Other operating charges
-€717
Other operating items
-€18,727
Financial income
-€49,776
Financial charges
+€2,435
Taxes
+€132,219
Result 2025
€490,052
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
+€178,271
Investment
-€803,754
Financing
+€445,561
Cash 2024
€3.5m
From operations (derived)
+€178,271
Net result for the year
+€490,052
Depreciation
+€511,983
Receivables after one year
+€146,983
Stocks and contracts
-€430,520
Receivables within one year
-€2.4m
Deferred charges and accrued income
+€592
Trade debts
+€1.9m
Tax, wage and social debts
-€22,509
Other debts
+€50,000
Accrued charges and deferred income
-€64,581
Investment (derived)
-€803,754
Investment in fixed assets (net)
-€803,754
Financing
+€445,561
Debts after one year
+€401,653
Current portion of long-term debt
-€153,270
Short-term financial debts
+€197,178
Cash 2025
€3.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,256,417 | €26,034,793 | +€2.8m | +11.9% |
| Fixed assets | 21/28 | €1,906,386 | €2,198,156 | +€291,771 | +15.3% |
| Intangible fixed assets | 21 | €35,000 | €17,500 | -€17,500 | -50.0% |
| Tangible fixed assets | 22/27 | €1,871,386 | €2,180,656 | +€309,271 | +16.5% |
| Plant, machinery and equipment | 23 | €1,697,011 | €1,427,719 | -€269,292 | -15.9% |
| Furniture and vehicles | 24 | €24,910 | €16,266 | -€8,644 | -34.7% |
| Leasing and similar rights | 25 | €84,756 | €681,460 | +€596,704 | +704% |
| Other tangible fixed assets | 26 | €64,709 | €55,212 | -€9,497 | -14.7% |
| Current assets | 29/58 | €21,350,032 | €23,836,637 | +€2.5m | +11.6% |
| Amounts receivable after more than one year | 29 | €261,065 | €114,083 | -€146,983 | -56.3% |
| Other amounts receivable | 291 | €261,065 | €114,083 | -€146,983 | -56.3% |
| Stocks and contracts in progress | 3 | €1,483,994 | €1,914,514 | +€430,520 | +29.0% |
| Stocks | 30/36 | €1,483,994 | €1,914,514 | +€430,520 | +29.0% |
| Raw materials and consumables | 30/31 | €1,136,167 | €1,498,886 | +€362,719 | +31.9% |
| Finished goods | 33 | €347,828 | €415,628 | +€67,800 | +19.5% |
| Amounts receivable within one year | 40/41 | €16,116,262 | €18,499,845 | +€2.4m | +14.8% |
| Trade receivables | 40 | €12,231,820 | €15,060,073 | +€2.8m | +23.1% |
| Other amounts receivable | 41 | €3,884,442 | €3,439,771 | -€444,670 | -11.4% |
| Cash at bank and in hand | 54/58 | €3,456,833 | €3,276,912 | -€179,922 | -5.2% |
| Deferred charges and accrued income | 490/1 | €31,877 | €31,284 | -€592 | -1.9% |
| Total equity and liabilities | 10/49 | €23,256,417 | €26,034,793 | +€2.8m | +11.9% |
| Equity | 10/15 | €4,278,275 | €4,768,327 | +€490,052 | +11.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €260,500 | +€210,500 | +421% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €210,500 | +€210,500 | |
| Profit (loss) carried forward | 14 | €3,728,275 | €4,007,827 | +€279,552 | +7.5% |
| Amounts payable | 17/49 | €18,978,142 | €21,266,466 | +€2.3m | +12.1% |
| Amounts payable after more than one year | 17 | €107,770 | €509,422 | +€401,653 | +373% |
| Financial debts | 170/4 | €107,770 | €509,422 | +€401,653 | +373% |
| Leasing and similar obligations | 172 | €52,252 | €509,422 | +€457,170 | +875% |
| Credit institutions | 173 | €55,517 | - | -€55,517 | |
| Amounts payable within one year | 42/48 | €18,259,696 | €20,210,948 | +€2.0m | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €382,630 | €229,360 | -€153,270 | -40.1% |
| Financial debts | 43 | €2,194,140 | €2,391,319 | +€197,178 | +9.0% |
| Credit institutions | 430/8 | €2,194,140 | €2,391,319 | +€197,178 | +9.0% |
| Trade debts | 44 | €15,269,976 | €17,149,828 | +€1.9m | +12.3% |
| Suppliers | 440/4 | €15,269,976 | €17,149,828 | +€1.9m | +12.3% |
| Taxes, remuneration and social security | 45 | €412,950 | €390,441 | -€22,509 | -5.5% |
| Taxes | 450/3 | €116,162 | €28,283 | -€87,879 | -75.7% |
| Remuneration and social security | 454/9 | €296,788 | €362,158 | +€65,370 | +22.0% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €610,677 | €546,096 | -€64,581 | -10.6% |
| Operating income | 70/76A | €21,092,364 | €22,462,908 | +€1.4m | +6.5% |
| Turnover | 70 | €20,935,911 | €22,337,235 | +€1.4m | +6.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €6,672 | €67,800 | +€61,128 | +916% |
| Other operating income | 74 | €29,781 | €37,087 | +€7,306 | +24.5% |
| Non-recurring operating income | 76A | €120,000 | €20,785 | -€99,215 | -82.7% |
| Operating charges | 60/66A | €19,998,607 | €21,791,750 | +€1.8m | +9.0% |
| Goods for resale, raw materials and consumables | 60 | €11,663,848 | €12,928,154 | +€1.3m | +10.8% |
| Purchases | 600/8 | €11,590,741 | €13,290,873 | +€1.7m | +14.7% |
| Change in stocks: decrease (increase) | 609 | €73,107 | -€362,719 | -€435,827 | |
| Services and other goods | 61 | €5,611,093 | €5,703,084 | +€91,991 | +1.6% |
| Remuneration, social security and pensions | 62 | €2,295,183 | €2,610,629 | +€315,446 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371,942 | €511,983 | +€140,042 | +37.7% |
| Other operating charges | 640/8 | €32,155 | €32,873 | +€717 | +2.2% |
| Non-recurring operating charges | 66A | €24,386 | €5,027 | -€19,360 | -79.4% |
| Operating profit (loss) | 9901 | €1,093,757 | €671,157 | -€422,600 | -38.6% |
| Financial income | 75/76B | €193,701 | €143,925 | -€49,776 | -25.7% |
| Recurring financial income | 75 | €193,701 | €143,925 | -€49,776 | -25.7% |
| Income from current assets | 751 | €190,599 | €143,925 | -€46,674 | -24.5% |
| Other financial income | 752/9 | €3,102 | - | -€3,102 | |
| Financial charges | 65/66B | €149,831 | €147,396 | -€2,435 | -1.6% |
| Recurring financial charges | 65 | €149,831 | €147,396 | -€2,435 | -1.6% |
| Debt charges | 650 | €44,234 | €55,545 | +€11,310 | +25.6% |
| Other financial charges | 652/9 | €105,597 | €91,851 | -€13,746 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €1,137,627 | €667,687 | -€469,940 | -41.3% |
| Income taxes | 67/77 | €309,854 | €177,635 | -€132,219 | -42.7% |
| Taxes | 670/3 | €310,000 | €180,000 | -€130,000 | -41.9% |
| Tax adjustments and reversals of tax provisions | 77 | €146 | €2,365 | +€2,219 | +1,517% |
| Profit (loss) for the period | 9904 | €827,773 | €490,052 | -€337,721 | -40.8% |
| Transfer to tax-exempt reserves | 689 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €827,773 | €279,552 | -€548,221 | -66.2% |
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 15 October 2026 via checked.be.