LES MIDIS AU VERT: 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.
LES MIDIS AU VERT
Largest movements
- Tangible fixed assets +€306,113
up €306,113 (+42.8%), from €715,377 to €1.0m
of which Land and buildings: +€592,054
- Cash -€36,985
down €36,985 (-53.3%), from €69,364 to €32,379
mainly Investment in fixed assets (net) (-€325,245) and Deferred charges and accrued income (-€1,645)
- Debts after one year +€177,058
up €177,058 (+30.0%), from €590,074 to €767,132
- Other debts +€69,917
up €69,917 (+295%), from €23,698 to €93,615
- Current portion of long-term debt +€17,454
new in 2025: €17,454
- Gross operating margin +€18,183
up €18,183 (+68.2%), from €26,659 to €44,842
- Depreciation +€8,700
up €8,700 (+83.4%), from €10,432 to €19,132
- Financial charges +€8,537
up €8,537 (+79.9%), from €10,685 to €19,222
- Other operating charges +€672
up €672 (+21.9%), from €3,068 to €3,740
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 | €787,185 | €1,057,459 | +€270,274 | +34.3% |
| Fixed assets | 21/28 | €715,377 | €1,021,490 | +€306,113 | +42.8% |
| Tangible fixed assets | 22/27 | €715,377 | €1,021,490 | +€306,113 | +42.8% |
| Land and buildings | 22 | €394,684 | €986,738 | +€592,054 | +150% |
| Plant, machinery and equipment | 23 | €3,200 | €9,505 | +€6,305 | +197% |
| Furniture and vehicles | 24 | €21,803 | €20,280 | -€1,523 | -7.0% |
| Other tangible fixed assets | 26 | €5,940 | €4,967 | -€973 | -16.4% |
| Assets under construction and advance payments | 27 | €289,750 | - | -€289,750 | |
| Current assets | 29/58 | €71,808 | €35,969 | -€35,839 | -49.9% |
| Amounts receivable within one year | 40/41 | €1,616 | €1,117 | -€499 | -30.9% |
| Trade receivables | 40 | €1,005 | €446 | -€559 | -55.6% |
| Other amounts receivable | 41 | €611 | €671 | +€60 | +9.8% |
| Current investments | 50/53 | €100 | €100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,364 | €32,379 | -€36,985 | -53.3% |
| Deferred charges and accrued income | 490/1 | €728 | €2,373 | +€1,645 | +226% |
| Total equity and liabilities | 10/49 | €787,185 | €1,057,459 | +€270,274 | +34.3% |
| Equity | 10/15 | €169,413 | €172,163 | +€2,750 | +1.6% |
| Contributions | 10/11 | €245,000 | €245,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,587 | -€72,837 | +€2,750 | +3.6% |
| Amounts payable | 17/49 | €617,772 | €885,296 | +€267,524 | +43.3% |
| Amounts payable after more than one year | 17 | €590,074 | €767,132 | +€177,058 | +30.0% |
| Financial debts | 170/4 | €590,074 | €767,132 | +€177,058 | +30.0% |
| Amounts payable within one year | 42/48 | €25,322 | €116,204 | +€90,883 | +359% |
| Current portion of amounts payable after more than one year | 42 | - | €17,454 | +€17,454 | |
| Trade debts | 44 | €1,623 | €5,135 | +€3,512 | +216% |
| Suppliers | 440/4 | €1,623 | €5,135 | +€3,512 | +216% |
| Other amounts payable | 47/48 | €23,698 | €93,615 | +€69,917 | +295% |
| Accrued charges and deferred income | 492/3 | €2,377 | €1,960 | -€417 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,432 | €19,132 | +€8,700 | +83.4% |
| Other operating charges | 640/8 | €3,068 | €3,740 | +€672 | +21.9% |
| Gross operating margin | 9900 | €26,659 | €44,842 | +€18,183 | +68.2% |
| Operating profit (loss) | 9901 | €13,159 | €21,970 | +€8,811 | +67.0% |
| Financial income | 75/76B | €3 | €3 | -€0 | -8.0% |
| Recurring financial income | 75 | €3 | €3 | -€0 | -8.0% |
| Financial charges | 65/66B | €10,685 | €19,222 | +€8,537 | +79.9% |
| Recurring financial charges | 65 | €10,685 | €19,222 | +€8,537 | +79.9% |
| Profit (loss) for the period before taxes | 9903 | €2,477 | €2,751 | +€274 | +11.1% |
| Income taxes | 67/77 | €1 | €1 | -€0 | -18.6% |
| Profit (loss) for the period | 9904 | €2,476 | €2,750 | +€274 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,476 | €2,750 | +€274 | +11.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.