Master Snacks: 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.
Master Snacks
Largest movements
- Receivables within one year -€27,399
down €27,399 (-23.5%), from €116,522 to €89,122
of which Other amounts receivable: -€36,178
- Tangible fixed assets +€8,788
up €8,788 (+60.1%), from €14,628 to €23,415
- Cash +€4,679
up €4,679 (+20.1%), from €23,264 to €27,943
mainly Net result for the year (+€30,699) and Receivables within one year (+€27,399)
- Deferred charges and accrued income +€2,397
up €2,397 (+78.4%), from €3,058 to €5,455
- Other debts -€35,000
down €35,000 (-58.3%), from €60,000 to €25,000
- Trade debts +€9,753
up €9,753 (+43.5%), from €22,434 to €32,187
- Current portion of long-term debt +€8,000
up €8,000, from €0 to €8,000
- Reserves +€5,699
up €5,699 (+66.0%), from €8,639 to €14,338
of which Distributable reserves: +€5,699
- Gross operating margin -€50,067
down €50,067 (-56.3%), from €88,924 to €38,856
- Staff costs -€39,890
down €39,890 (-100%), from €39,890 to €0
- Financial income +€14,007
up €14,007 (+18,874%), from €74 to €14,081
of which Non-recurring financial income: +€11,000
- Taxes +€2,500
up €2,500 (+35.8%), from €6,984 to €9,484
- Depreciation +€1,482
up €1,482 (+20.5%), from €7,220 to €8,701
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 | €164,801 | €152,753 | -€12,048 | -7.3% |
| Fixed assets | 21/28 | €16,104 | €24,813 | +€8,709 | +54.1% |
| Intangible fixed assets | 21 | €401 | €322 | -€79 | -19.7% |
| Tangible fixed assets | 22/27 | €14,628 | €23,415 | +€8,788 | +60.1% |
| Furniture and vehicles | 24 | €14,628 | €23,415 | +€8,788 | +60.1% |
| Financial fixed assets | 28 | €1,075 | €1,075 | = | 0.0% |
| Current assets | 29/58 | €148,697 | €127,940 | -€20,757 | -14.0% |
| Stocks and contracts in progress | 3 | €5,853 | €5,420 | -€433 | -7.4% |
| Stocks | 30/36 | €5,853 | €5,420 | -€433 | -7.4% |
| Amounts receivable within one year | 40/41 | €116,522 | €89,122 | -€27,399 | -23.5% |
| Trade receivables | 40 | €46,566 | €55,344 | +€8,778 | +18.9% |
| Other amounts receivable | 41 | €69,956 | €33,778 | -€36,178 | -51.7% |
| Cash at bank and in hand | 54/58 | €23,264 | €27,943 | +€4,679 | +20.1% |
| Deferred charges and accrued income | 490/1 | €3,058 | €5,455 | +€2,397 | +78.4% |
| Total equity and liabilities | 10/49 | €164,801 | €152,753 | -€12,048 | -7.3% |
| Equity | 10/15 | €77,208 | €82,907 | +€5,699 | +7.4% |
| Contributions | 10/11 | €68,569 | €68,569 | = | 0.0% |
| Reserves | 13 | €8,639 | €14,338 | +€5,699 | +66.0% |
| Non-distributable reserves | 130/1 | €6,857 | €6,857 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,857 | €6,857 | = | 0.0% |
| Distributable reserves | 133 | €1,783 | €7,481 | +€5,699 | +320% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,593 | €69,846 | -€17,747 | -20.3% |
| Amounts payable within one year | 42/48 | €87,593 | €69,822 | -€17,772 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €8,000 | +€8,000 | |
| Trade debts | 44 | €22,434 | €32,187 | +€9,753 | +43.5% |
| Suppliers | 440/4 | €22,434 | €32,187 | +€9,753 | +43.5% |
| Taxes, remuneration and social security | 45 | €5,159 | €4,635 | -€524 | -10.2% |
| Taxes | 450/3 | €2,452 | €4,635 | +€2,183 | +89.0% |
| Remuneration and social security | 454/9 | €2,707 | €0 | -€2,707 | -100% |
| Other amounts payable | 47/48 | €60,000 | €25,000 | -€35,000 | -58.3% |
| Accrued charges and deferred income | 492/3 | €0 | €24 | +€24 | |
| Remuneration, social security and pensions | 62 | €39,890 | €0 | -€39,890 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,220 | €8,701 | +€1,482 | +20.5% |
| Other operating charges | 640/8 | €2,518 | €1,383 | -€1,135 | -45.1% |
| Gross operating margin | 9900 | €88,924 | €38,856 | -€50,067 | -56.3% |
| Operating profit (loss) | 9901 | €39,296 | €28,772 | -€10,524 | -26.8% |
| Financial income | 75/76B | €74 | €14,081 | +€14,007 | +18,874% |
| Recurring financial income | 75 | €74 | €3,081 | +€3,007 | +4,051% |
| Non-recurring financial income | 76B | - | €11,000 | +€11,000 | |
| Financial charges | 65/66B | €2,810 | €2,670 | -€140 | -5.0% |
| Recurring financial charges | 65 | €2,810 | €2,670 | -€140 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €36,561 | €40,183 | +€3,623 | +9.9% |
| Income taxes | 67/77 | €6,984 | €9,484 | +€2,500 | +35.8% |
| Profit (loss) for the period | 9904 | €29,577 | €30,699 | +€1,122 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,577 | €30,699 | +€1,122 | +3.8% |
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 22 October 2026 via checked.be.