MD TRAITEUR: 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.
MD TRAITEUR
Largest movements
- Cash +€13,247
up €13,247 (+52.9%), from €25,045 to €38,291
mainly Net result for the year (+€40,135) and Depreciation (+€7,749)
- Receivables within one year +€8,533
up €8,533 (+68.4%), from €12,483 to €21,017
of which Other amounts receivable: +€20,117
- Deferred charges and accrued income +€3,974
up €3,974 (+170.9%), from €2,326 to €6,300
- Stocks and contracts +€2,673
up €2,673 (+56.0%), from €4,770 to €7,443
- Profit (loss) carried forward +€40,135
up €40,135 (+63.8%), from -€62,939 to -€22,804
- Other debts -€4,675
down €4,675 (-15.5%), from €30,133 to €25,458
- Debts after one year -€3,056
down €3,056 (-9.8%), from €31,258 to €28,202
- Trade debts -€2,570
down €2,570 (-4.2%), from €61,260 to €58,690
- Gross operating margin +€71,771
up €71,771 (+90.6%), from €79,194 to €150,965
- Staff costs +€18,301
up €18,301 (+22.6%), from €80,974 to €99,275
- Depreciation +€3,331
up €3,331 (+75.4%), from €4,419 to €7,749
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.
Cash bridge derived
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 | €93,733 | €122,681 | +€28,948 | +30.9% |
| Fixed assets | 21/28 | €49,110 | €49,631 | +€521 | +1.1% |
| Tangible fixed assets | 22/27 | €49,110 | €49,631 | +€521 | +1.1% |
| Plant, machinery and equipment | 23 | €49,110 | €49,631 | +€521 | +1.1% |
| Current assets | 29/58 | €44,623 | €73,051 | +€28,427 | +63.7% |
| Stocks and contracts in progress | 3 | €4,770 | €7,443 | +€2,673 | +56.0% |
| Stocks | 30/36 | €4,770 | €7,443 | +€2,673 | +56.0% |
| Amounts receivable within one year | 40/41 | €12,483 | €21,017 | +€8,533 | +68.4% |
| Trade receivables | 40 | €11,845 | €262 | -€11,584 | -97.8% |
| Other amounts receivable | 41 | €638 | €20,755 | +€20,117 | +3153.8% |
| Cash at bank and in hand | 54/58 | €25,045 | €38,291 | +€13,247 | +52.9% |
| Deferred charges and accrued income | 490/1 | €2,326 | €6,300 | +€3,974 | +170.9% |
| Total equity and liabilities | 10/49 | €93,733 | €122,681 | +€28,948 | +30.9% |
| Equity | 10/15 | -€50,539 | -€10,404 | +€40,135 | +79.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,939 | -€22,804 | +€40,135 | +63.8% |
| Amounts payable | 17/49 | €144,272 | €133,085 | -€11,187 | -7.8% |
| Amounts payable after more than one year | 17 | €31,258 | €28,202 | -€3,056 | -9.8% |
| Financial debts | 170/4 | €31,258 | €28,202 | -€3,056 | -9.8% |
| Amounts payable within one year | 42/48 | €113,014 | €104,883 | -€8,131 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €2,896 | €3,056 | +€160 | +5.5% |
| Trade debts | 44 | €61,260 | €58,690 | -€2,570 | -4.2% |
| Suppliers | 440/4 | €61,260 | €58,690 | -€2,570 | -4.2% |
| Advances received on contracts in progress | 46 | €553 | €145 | -€408 | -73.8% |
| Taxes, remuneration and social security | 45 | €18,172 | €17,534 | -€638 | -3.5% |
| Taxes | 450/3 | €4,140 | €2,397 | -€1,743 | -42.1% |
| Remuneration and social security | 454/9 | €14,033 | €15,138 | +€1,105 | +7.9% |
| Other amounts payable | 47/48 | €30,133 | €25,458 | -€4,675 | -15.5% |
| Remuneration, social security and pensions | 62 | €80,974 | €99,275 | +€18,301 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,419 | €7,749 | +€3,331 | +75.4% |
| Other operating charges | 640/8 | €703 | - | -€703 | |
| Gross operating margin | 9900 | €79,194 | €150,965 | +€71,771 | +90.6% |
| Operating profit (loss) | 9901 | -€6,902 | €43,940 | +€50,843 | |
| Financial charges | 65/66B | €3,518 | €3,806 | +€287 | +8.2% |
| Recurring financial charges | 65 | €3,518 | €3,806 | +€287 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,420 | €40,135 | +€50,555 | |
| Profit (loss) for the period | 9904 | -€10,420 | €40,135 | +€50,555 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,420 | €40,135 | +€50,555 |
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 10 October 2026 via checked.be.