MEAT AGAIN: what changed
Two fiscal 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.
MEAT AGAIN
Largest movements
- Current investments +€500,000
up €500,000 (+62.5%), from €800,000 to €1.3m
- Receivables within one year -€496,834
down €496,834 (-7.6%), from €6.5m to €6.0m
of which Other amounts receivable: -€500,000
- Cash +€352,825
up €352,825 (+1715.7%), from €20,565 to €373,390
mainly Receivables within one year (+€496,834) and Net result for the year (+€321,615)
- Profit (loss) carried forward +€305,515
up €305,515 (+12.8%), from €2.4m to €2.7m
- Financial income -€23,252
down €23,252 (-5.5%), from €424,918 to €401,666
- Taxes -€5,130
down €5,130 (-4.6%), from €112,335 to €107,205
- Gross operating margin +€2,881
up €2,881 (+11.5%), from €24,987 to €27,867
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 | €9,533,515 | €9,855,493 | +€321,978 | +3.4% |
| Fixed assets | 21/28 | €1,800,000 | €1,800,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,800,000 | €1,800,000 | = | 0.0% |
| Current assets | 29/58 | €7,733,515 | €8,055,493 | +€321,978 | +4.2% |
| Amounts receivable within one year | 40/41 | €6,500,000 | €6,003,166 | -€496,834 | -7.6% |
| Trade receivables | 40 | - | €3,166 | +€3,166 | |
| Other amounts receivable | 41 | €6,500,000 | €6,000,000 | -€500,000 | -7.7% |
| Current investments | 50/53 | €800,000 | €1,300,000 | +€500,000 | +62.5% |
| Cash at bank and in hand | 54/58 | €20,565 | €373,390 | +€352,825 | +1715.7% |
| Deferred charges and accrued income | 490/1 | €412,950 | €378,937 | -€34,013 | -8.2% |
| Total equity and liabilities | 10/49 | €9,533,515 | €9,855,493 | +€321,978 | +3.4% |
| Equity | 10/15 | €9,521,706 | €9,843,320 | +€321,615 | +3.4% |
| Contributions | 10/11 | €7,000,000 | €7,000,000 | = | 0.0% |
| Capital | 10 | €7,000,000 | €7,000,000 | = | 0.0% |
| Issued capital | 100 | €7,200,000 | €7,200,000 | = | 0.0% |
| Uncalled capital | 101 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €127,100 | €143,200 | +€16,100 | +12.7% |
| Non-distributable reserves | 130/1 | €127,100 | €143,200 | +€16,100 | +12.7% |
| Legal reserve | 130 | €127,100 | €143,200 | +€16,100 | +12.7% |
| Profit (loss) carried forward | 14 | €2,394,606 | €2,700,120 | +€305,515 | +12.8% |
| Amounts payable | 17/49 | €11,809 | €12,173 | +€363 | +3.1% |
| Amounts payable within one year | 42/48 | €11,774 | €12,173 | +€399 | +3.4% |
| Trade debts | 44 | €2,010 | €738 | -€1,272 | -63.3% |
| Suppliers | 440/4 | €2,010 | €738 | -€1,272 | -63.3% |
| Taxes, remuneration and social security | 45 | €9,764 | €11,399 | +€1,635 | +16.7% |
| Taxes | 450/3 | €9,764 | €11,399 | +€1,635 | +16.7% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Other operating charges | 640/8 | €141 | €294 | +€154 | +109.3% |
| Gross operating margin | 9900 | €24,987 | €27,867 | +€2,881 | +11.5% |
| Operating profit (loss) | 9901 | €24,846 | €27,573 | +€2,727 | +11.0% |
| Financial income | 75/76B | €424,918 | €401,666 | -€23,252 | -5.5% |
| Recurring financial income | 75 | €424,918 | €401,666 | -€23,252 | -5.5% |
| Financial charges | 65/66B | €424 | €420 | -€4 | -0.9% |
| Recurring financial charges | 65 | €424 | €420 | -€4 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €449,340 | €428,820 | -€20,521 | -4.6% |
| Income taxes | 67/77 | €112,335 | €107,205 | -€5,130 | -4.6% |
| Profit (loss) for the period | 9904 | €337,005 | €321,615 | -€15,391 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €337,005 | €321,615 | -€15,391 | -4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.