LET EAT GROW: 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.
LET EAT GROW
Largest movements
- Cash -€24,325
down €24,325 (-93.7%), from €25,967 to €1,642
mainly Trade debts (-€33,094) and Net result for the year (-€9,199)
- Receivables within one year -€8,053
down €8,053 (-21.1%), from €38,101 to €30,048
of which Trade receivables: -€5,999
- Stocks and contracts -€7,258
down €7,258 (-52.4%), from €13,844 to €6,586
- Trade debts -€33,094
down €33,094 (-52.1%), from €63,566 to €30,472
- Profit (loss) carried forward -€9,199
down €9,199 (-73.6%), from -€12,501 to -€21,699
- Other debts +€3,974
up €3,974 (+30.7%), from €12,954 to €16,929
- Gross operating margin +€4,967
up €4,967 (+45.8%), from -€10,835 to -€5,868
- Financial charges +€442
up €442 (+180%), from €245 to €688
- Financial income -€183
down €183 (-100%), from €183 to €0
- Write-downs +€113
up €113 (+9.4%), from €1,205 to €1,318
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 | €79,215 | €40,825 | -€38,390 | -48.5% |
| Fixed assets | 21/28 | €301 | €906 | +€605 | +201% |
| Tangible fixed assets | 22/27 | €0 | €281 | +€281 | |
| Furniture and vehicles | 24 | €0 | €281 | +€281 | |
| Financial fixed assets | 28 | €301 | €625 | +€324 | +107% |
| Current assets | 29/58 | €78,914 | €39,919 | -€38,995 | -49.4% |
| Stocks and contracts in progress | 3 | €13,844 | €6,586 | -€7,258 | -52.4% |
| Stocks | 30/36 | €13,844 | €6,586 | -€7,258 | -52.4% |
| Amounts receivable within one year | 40/41 | €38,101 | €30,048 | -€8,053 | -21.1% |
| Trade receivables | 40 | €33,019 | €27,020 | -€5,999 | -18.2% |
| Other amounts receivable | 41 | €5,082 | €3,028 | -€2,054 | -40.4% |
| Cash at bank and in hand | 54/58 | €25,967 | €1,642 | -€24,325 | -93.7% |
| Deferred charges and accrued income | 490/1 | €1,002 | €1,644 | +€642 | +64.1% |
| Total equity and liabilities | 10/49 | €79,215 | €40,825 | -€38,390 | -48.5% |
| Equity | 10/15 | €2,499 | -€6,699 | -€9,199 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,501 | -€21,699 | -€9,199 | -73.6% |
| Amounts payable | 17/49 | €76,716 | €47,524 | -€29,191 | -38.1% |
| Amounts payable within one year | 42/48 | €76,715 | €47,524 | -€29,191 | -38.1% |
| Trade debts | 44 | €63,566 | €30,472 | -€33,094 | -52.1% |
| Suppliers | 440/4 | €63,566 | €30,472 | -€33,094 | -52.1% |
| Taxes, remuneration and social security | 45 | €195 | €124 | -€71 | -36.6% |
| Taxes | 450/3 | €195 | €124 | -€71 | -36.6% |
| Other amounts payable | 47/48 | €12,954 | €16,929 | +€3,974 | +30.7% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €89 | +€89 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,205 | €1,318 | +€113 | +9.4% |
| Other operating charges | 640/8 | €1,202 | €1,236 | +€34 | +2.8% |
| Gross operating margin | 9900 | -€10,835 | -€5,868 | +€4,967 | +45.8% |
| Operating profit (loss) | 9901 | -€13,242 | -€8,511 | +€4,731 | +35.7% |
| Financial income | 75/76B | €183 | €0 | -€183 | -100% |
| Recurring financial income | 75 | €183 | €0 | -€183 | -100% |
| Financial charges | 65/66B | €245 | €688 | +€442 | +180% |
| Recurring financial charges | 65 | €245 | €688 | +€442 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€13,304 | -€9,199 | +€4,105 | +30.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,304 | -€9,199 | +€4,105 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,304 | -€9,199 | +€4,105 | +30.9% |
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 30 October 2026 via checked.be.