M&E Gourmet: 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.
M&E Gourmet
Largest movements
- Receivables within one year -€1,581
down €1,581 (-78.3%), from €2,019 to €438
of which Trade receivables: -€844
- Cash -€818
down €818 (-22.8%), from €3,591 to €2,773
mainly Trade debts (-€7,668) and Other debts (-€4,460)
- Deferred charges and accrued income -€235
down €235 (-38.1%), from €618 to €383
- Trade debts -€7,668
down €7,668 (-58.7%), from €13,054 to €5,386
- Tax, wage and social debts +€7,114
up €7,114 (+126%), from €5,643 to €12,757
of which Taxes: +€10,004
- Profit (loss) carried forward +€4,658
up €4,658 (+6.4%), from -€72,404 to -€67,746
- Other debts -€4,460
down €4,460 (-10.8%), from €41,256 to €36,796
- Advances received -€2,279
no longer reported in 2024 (was €2,279)
- Gross operating margin +€90,372
up €90,372, from -€28,125 to €62,247
- Staff costs +€28,805
up €28,805 (+109%), from €26,418 to €55,222
- Other operating charges +€1,952
up €1,952 (+725%), from €269 to €2,221
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,828 | €7,193 | -€2,635 | -26.8% |
| Fixed assets | 21/28 | €3,600 | €3,600 | = | 0.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €6,228 | €3,593 | -€2,635 | -42.3% |
| Amounts receivable within one year | 40/41 | €2,019 | €438 | -€1,581 | -78.3% |
| Trade receivables | 40 | €960 | €117 | -€844 | -87.8% |
| Other amounts receivable | 41 | €1,059 | €321 | -€738 | -69.7% |
| Cash at bank and in hand | 54/58 | €3,591 | €2,773 | -€818 | -22.8% |
| Deferred charges and accrued income | 490/1 | €618 | €383 | -€235 | -38.1% |
| Total equity and liabilities | 10/49 | €9,828 | €7,193 | -€2,635 | -26.8% |
| Equity | 10/15 | -€52,404 | -€47,746 | +€4,658 | +8.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,404 | -€67,746 | +€4,658 | +6.4% |
| Amounts payable | 17/49 | €62,232 | €54,939 | -€7,293 | -11.7% |
| Amounts payable within one year | 42/48 | €62,232 | €54,939 | -€7,293 | -11.7% |
| Trade debts | 44 | €13,054 | €5,386 | -€7,668 | -58.7% |
| Suppliers | 440/4 | €13,054 | €5,386 | -€7,668 | -58.7% |
| Advances received on contracts in progress | 46 | €2,279 | - | -€2,279 | |
| Taxes, remuneration and social security | 45 | €5,643 | €12,757 | +€7,114 | +126% |
| Taxes | 450/3 | - | €10,004 | +€10,004 | |
| Remuneration and social security | 454/9 | €5,643 | €2,753 | -€2,890 | -51.2% |
| Other amounts payable | 47/48 | €41,256 | €36,796 | -€4,460 | -10.8% |
| Remuneration, social security and pensions | 62 | €26,418 | €55,222 | +€28,805 | +109% |
| Other operating charges | 640/8 | €269 | €2,221 | +€1,952 | +725% |
| Gross operating margin | 9900 | -€28,125 | €62,247 | +€90,372 | |
| Operating profit (loss) | 9901 | -€54,812 | €4,804 | +€59,616 | |
| Financial charges | 65/66B | €481 | €146 | -€335 | -69.7% |
| Recurring financial charges | 65 | €481 | €146 | -€335 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | -€55,293 | €4,658 | +€59,951 | |
| Profit (loss) for the period | 9904 | -€55,293 | €4,658 | +€59,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,293 | €4,658 | +€59,951 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.