In to 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.
In to Meat
Largest movements
- Tangible fixed assets -€25,879
down €25,879 (-14.2%), from €182,850 to €156,972
of which Furniture and vehicles: -€18,960
- Receivables within one year -€19,202
down €19,202 (-69.2%), from €27,740 to €8,538
of which Trade receivables: -€14,586
- Cash -€18,389
down €18,389 (-86.6%), from €21,228 to €2,839
mainly Other debts (-€25,603) and Debts after one year (-€15,318)
- Other debts -€25,603
down €25,603 (-39.6%), from €64,666 to €39,063
- Debts after one year -€15,318
down €15,318 (-9.0%), from €170,457 to €155,139
- Profit (loss) carried forward -€14,985
down €14,985 (-53.2%), from -€28,170 to -€43,155
- Trade debts -€5,715
down €5,715 (-92.7%), from €6,163 to €448
- Tax, wage and social debts -€2,678
down €2,678 (-63.7%), from €4,207 to €1,529
- Other operating charges -€18,546
down €18,546 (-91.9%), from €20,170 to €1,624
- Depreciation +€11,591
up €11,591 (+81.1%), from €14,288 to €25,879
- Gross operating margin +€10,099
up €10,099 (+102%), from €9,860 to €19,960
- Financial charges +€3,870
up €3,870 (+121%), from €3,190 to €7,060
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,271 | €170,841 | -€65,430 | -27.7% |
| Fixed assets | 21/28 | €182,850 | €156,972 | -€25,879 | -14.2% |
| Tangible fixed assets | 22/27 | €182,850 | €156,972 | -€25,879 | -14.2% |
| Land and buildings | 22 | €136,478 | €129,559 | -€6,918 | -5.1% |
| Furniture and vehicles | 24 | €46,372 | €27,412 | -€18,960 | -40.9% |
| Current assets | 29/58 | €53,421 | €13,870 | -€39,551 | -74.0% |
| Stocks and contracts in progress | 3 | €4,050 | €1,736 | -€2,314 | -57.1% |
| Stocks | 30/36 | €4,050 | €1,736 | -€2,314 | -57.1% |
| Amounts receivable within one year | 40/41 | €27,740 | €8,538 | -€19,202 | -69.2% |
| Trade receivables | 40 | €23,123 | €8,538 | -€14,586 | -63.1% |
| Other amounts receivable | 41 | €4,616 | €0 | -€4,616 | -100% |
| Cash at bank and in hand | 54/58 | €21,228 | €2,839 | -€18,389 | -86.6% |
| Deferred charges and accrued income | 490/1 | €403 | €757 | +€354 | +87.8% |
| Total equity and liabilities | 10/49 | €236,271 | €170,841 | -€65,430 | -27.7% |
| Equity | 10/15 | -€25,670 | -€40,655 | -€14,985 | -58.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,170 | -€43,155 | -€14,985 | -53.2% |
| Amounts payable | 17/49 | €261,941 | €211,497 | -€50,445 | -19.3% |
| Amounts payable after more than one year | 17 | €170,457 | €155,139 | -€15,318 | -9.0% |
| Financial debts | 170/4 | €170,457 | €155,139 | -€15,318 | -9.0% |
| Amounts payable within one year | 42/48 | €91,032 | €56,358 | -€34,674 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €14,713 | €15,318 | +€605 | +4.1% |
| Trade debts | 44 | €6,163 | €448 | -€5,715 | -92.7% |
| Suppliers | 440/4 | €6,163 | €448 | -€5,715 | -92.7% |
| Advances received on contracts in progress | 46 | €1,283 | €0 | -€1,283 | -100% |
| Taxes, remuneration and social security | 45 | €4,207 | €1,529 | -€2,678 | -63.7% |
| Taxes | 450/3 | €4,207 | €1,529 | -€2,678 | -63.7% |
| Other amounts payable | 47/48 | €64,666 | €39,063 | -€25,603 | -39.6% |
| Accrued charges and deferred income | 492/3 | €453 | €0 | -€453 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,288 | €25,879 | +€11,591 | +81.1% |
| Other operating charges | 640/8 | €20,170 | €1,624 | -€18,546 | -91.9% |
| Gross operating margin | 9900 | €9,860 | €19,960 | +€10,099 | +102% |
| Operating profit (loss) | 9901 | -€24,597 | -€7,543 | +€17,055 | +69.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,190 | €7,060 | +€3,870 | +121% |
| Recurring financial charges | 65 | €3,190 | €7,060 | +€3,870 | +121% |
| Profit (loss) for the period before taxes | 9903 | -€27,787 | -€14,602 | +€13,185 | +47.4% |
| Income taxes | 67/77 | €384 | €383 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | -€28,170 | -€14,985 | +€13,185 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,170 | -€14,985 | +€13,185 | +46.8% |
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 1 November 2026 via checked.be.