Horeca Meat Service: what changed
Horeca Meat Service
Largest movements
- Receivables within one year +€36,960
up €36,960 (+437%), from €8,460 to €45,420
of which Other amounts receivable: +€33,368
- Stocks and contracts +€14,684
new in 2025: €14,684
- Cash +€851
up €851 (+2,022%), from €42 to €893
mainly Trade debts (+€22,791) and Other debts (+€15,067)
- Trade debts +€22,791
up €22,791 (+649%), from €3,514 to €26,305
- Other debts +€15,067
up €15,067 (+2,276%), from €662 to €15,729
- Reserves +€6,293
up €6,293 (+1,486%), from €423 to €6,716
- Tax, wage and social debts +€5,157
up €5,157 (+3,757%), from €137 to €5,295
- Short-term financial debts +€2,700
new in 2025: €2,700
- Gross operating margin +€8,165
up €8,165 (+742%), from €1,100 to €9,265
- Taxes +€1,833
up €1,833 (+4,538%), from €40 to €1,874
- Financial charges +€580
up €580 (+1,380%), from €42 to €622
- Other operating charges -€350
down €350 (-39.1%), from €897 to €546
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,752 | €61,312 | +€52,559 | +601% |
| Fixed assets | 21/28 | €250 | €315 | +€65 | +25.9% |
| Financial fixed assets | 28 | €250 | €315 | +€65 | +25.9% |
| Current assets | 29/58 | €8,502 | €60,997 | +€52,495 | +617% |
| Stocks and contracts in progress | 3 | - | €14,684 | +€14,684 | |
| Stocks | 30/36 | - | €14,684 | +€14,684 | |
| Amounts receivable within one year | 40/41 | €8,460 | €45,420 | +€36,960 | +437% |
| Trade receivables | 40 | €8,174 | €11,765 | +€3,591 | +43.9% |
| Other amounts receivable | 41 | €287 | €33,655 | +€33,368 | +11,638% |
| Cash at bank and in hand | 54/58 | €42 | €893 | +€851 | +2,022% |
| Total equity and liabilities | 10/49 | €8,752 | €61,312 | +€52,559 | +601% |
| Equity | 10/15 | €3,423 | €9,716 | +€6,293 | +184% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €423 | €6,716 | +€6,293 | +1,486% |
| Distributable reserves | 133 | €423 | €6,716 | +€6,293 | +1,486% |
| Amounts payable | 17/49 | €5,329 | €51,595 | +€46,266 | +868% |
| Amounts payable within one year | 42/48 | €4,313 | €50,028 | +€45,715 | +1,060% |
| Financial debts | 43 | - | €2,700 | +€2,700 | |
| Credit institutions | 430/8 | - | €2,700 | +€2,700 | |
| Trade debts | 44 | €3,514 | €26,305 | +€22,791 | +649% |
| Suppliers | 440/4 | €3,514 | €26,305 | +€22,791 | +649% |
| Taxes, remuneration and social security | 45 | €137 | €5,295 | +€5,157 | +3,757% |
| Taxes | 450/3 | €137 | €5,295 | +€5,157 | +3,757% |
| Other amounts payable | 47/48 | €662 | €15,729 | +€15,067 | +2,276% |
| Accrued charges and deferred income | 492/3 | €1,016 | €1,567 | +€551 | +54.3% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €897 | €546 | -€350 | -39.1% |
| Gross operating margin | 9900 | €1,100 | €9,265 | +€8,165 | +742% |
| Operating profit (loss) | 9901 | €204 | €8,719 | +€8,515 | +4,182% |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | - | €70 | +€70 | |
| Financial charges | 65/66B | €42 | €622 | +€580 | +1,380% |
| Recurring financial charges | 65 | €42 | €622 | +€580 | +1,380% |
| Profit (loss) for the period before taxes | 9903 | €162 | €8,167 | +€8,005 | +4,953% |
| Income taxes | 67/77 | €40 | €1,874 | +€1,833 | +4,538% |
| Profit (loss) for the period | 9904 | €121 | €6,293 | +€6,172 | +5,092% |
| Profit (loss) for the period to be appropriated | 9905 | €121 | €6,293 | +€6,172 | +5,092% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.