M.E.N. FOOD: 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.N. FOOD
Largest movements
- Tangible fixed assets -€15,361
down €15,361 (-5.1%), from €298,589 to €283,228
of which Land and buildings: -€13,368
- Cash +€4,022
up €4,022 (+392%), from €1,026 to €5,048
mainly Depreciation (+€15,361) and Net result for the year (+€8,351)
- Debts after one year -€21,285
down €21,285 (-13.2%), from €161,861 to €140,576
- Profit (loss) carried forward +€8,351
up €8,351 (+26.1%), from €32,042 to €40,393
- Tax, wage and social debts +€3,471
up €3,471 (+159%), from €2,180 to €5,651
- Other debts -€3,115
down €3,115 (-4.5%), from €69,978 to €66,863
- Gross operating margin +€5,719
up €5,719 (+18.3%), from €31,224 to €36,943
- Turnover +€4,231
up €4,231 (+12.9%), from €32,726 to €36,957
- Taxes +€1,293
up €1,293 (+59.4%), from €2,178 to €3,471
- Other operating charges +€816
up €816 (+19.7%), from €4,133 to €4,949
- Financial charges -€514
down €514 (-9.7%), from €5,325 to €4,811
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 | €299,615 | €288,615 | -€11,000 | -3.7% |
| Fixed assets | 21/28 | €298,589 | €283,228 | -€15,361 | -5.1% |
| Tangible fixed assets | 22/27 | €298,589 | €283,228 | -€15,361 | -5.1% |
| Land and buildings | 22 | €294,587 | €281,219 | -€13,368 | -4.5% |
| Other tangible fixed assets | 26 | €4,002 | €2,009 | -€1,993 | -49.8% |
| Current assets | 29/58 | €1,026 | €5,387 | +€4,361 | +425% |
| Cash at bank and in hand | 54/58 | €1,026 | €5,048 | +€4,022 | +392% |
| Deferred charges and accrued income | 490/1 | - | €339 | +€339 | |
| Total equity and liabilities | 10/49 | €299,615 | €288,615 | -€11,000 | -3.7% |
| Equity | 10/15 | €39,105 | €47,456 | +€8,351 | +21.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €763 | €763 | = | 0.0% |
| Non-distributable reserves | 130/1 | €763 | €763 | = | 0.0% |
| Reserves not available under the articles | 1311 | €763 | €763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,042 | €40,393 | +€8,351 | +26.1% |
| Provisions and deferred taxes | 16 | €1,500 | €1,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €1,500 | = | 0.0% |
| Environmental obligations | 163 | - | €1,500 | +€1,500 | |
| Other liabilities and charges | 164/5 | €1,500 | - | -€1,500 | |
| Amounts payable | 17/49 | €259,010 | €239,659 | -€19,351 | -7.5% |
| Amounts payable after more than one year | 17 | €161,861 | €140,576 | -€21,285 | -13.2% |
| Financial debts | 170/4 | €161,861 | €140,576 | -€21,285 | -13.2% |
| Amounts payable within one year | 42/48 | €94,036 | €94,799 | +€763 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €20,720 | €21,285 | +€565 | +2.7% |
| Trade debts | 44 | €1,158 | €1,000 | -€158 | -13.6% |
| Suppliers | 440/4 | €1,158 | €1,000 | -€158 | -13.6% |
| Taxes, remuneration and social security | 45 | €2,180 | €5,651 | +€3,471 | +159% |
| Taxes | 450/3 | €2,180 | €5,651 | +€3,471 | +159% |
| Other amounts payable | 47/48 | €69,978 | €66,863 | -€3,115 | -4.5% |
| Accrued charges and deferred income | 492/3 | €3,113 | €4,284 | +€1,171 | +37.6% |
| Turnover | 70 | €32,726 | €36,957 | +€4,231 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,473 | €15,361 | -€112 | -0.7% |
| Other operating charges | 640/8 | €4,133 | €4,949 | +€816 | +19.7% |
| Gross operating margin | 9900 | €31,224 | €36,943 | +€5,719 | +18.3% |
| Operating profit (loss) | 9901 | €11,618 | €16,633 | +€5,015 | +43.2% |
| Financial charges | 65/66B | €5,325 | €4,811 | -€514 | -9.7% |
| Recurring financial charges | 65 | €5,325 | €4,811 | -€514 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €6,293 | €11,822 | +€5,529 | +87.9% |
| Income taxes | 67/77 | €2,178 | €3,471 | +€1,293 | +59.4% |
| Profit (loss) for the period | 9904 | €4,115 | €8,351 | +€4,236 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €4,115 | €8,351 | +€4,236 | +103% |
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 23 October 2026 via checked.be.