MEAT CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€34,553
down €34,553 (-59.7%), from €57,892 to €23,339
- Cash +€6,762
up €6,762 (+19.0%), from €35,593 to €42,355
mainly Receivables within one year (+€34,553) and Net result for the year (+€24,192)
- Intangible fixed assets -€6,000
down €6,000 (-11.1%), from €54,000 to €48,000
- Stocks and contracts +€6,000
up €6,000 (+30.0%), from €20,000 to €26,000
- Other debts -€45,993
no longer reported in 2024 (was €45,993)
- Profit (loss) carried forward +€24,192
up €24,192 (+284.4%), from €8,507 to €32,699
- Trade debts -€7,922
down €7,922 (-8.5%), from €92,787 to €84,864
- Tax, wage and social debts +€3,180
up €3,180 (+17.5%), from €18,137 to €21,317
of which Remuneration and social security: +€2,552
- Turnover +€975,528
new in 2024: €975,528
- Purchases and services +€906,781
new in 2024: €906,781
- Staff costs -€14,580
down €14,580 (-27.6%), from €52,776 to €38,195
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.
Cash bridge derived
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 | €167,958 | €139,931 | -€28,027 | -16.7% |
| Formation expenses | 20 | €473 | €237 | -€237 | -50.0% |
| Fixed assets | 21/28 | €54,000 | €48,000 | -€6,000 | -11.1% |
| Intangible fixed assets | 21 | €54,000 | €48,000 | -€6,000 | -11.1% |
| Current assets | 29/58 | €113,485 | €91,694 | -€21,790 | -19.2% |
| Stocks and contracts in progress | 3 | €20,000 | €26,000 | +€6,000 | +30.0% |
| Stocks | 30/36 | €20,000 | €26,000 | +€6,000 | +30.0% |
| Amounts receivable within one year | 40/41 | €57,892 | €23,339 | -€34,553 | -59.7% |
| Trade receivables | 40 | €57,892 | €23,339 | -€34,553 | -59.7% |
| Cash at bank and in hand | 54/58 | €35,593 | €42,355 | +€6,762 | +19.0% |
| Total equity and liabilities | 10/49 | €167,958 | €139,931 | -€28,027 | -16.7% |
| Equity | 10/15 | €8,507 | €32,699 | +€24,192 | +284.4% |
| Profit (loss) carried forward | 14 | €8,507 | €32,699 | +€24,192 | +284.4% |
| Amounts payable | 17/49 | €159,451 | €107,232 | -€52,219 | -32.7% |
| Amounts payable within one year | 42/48 | €159,451 | €107,232 | -€52,219 | -32.7% |
| Trade debts | 44 | €92,787 | €84,864 | -€7,922 | -8.5% |
| Suppliers | 440/4 | €92,787 | €84,864 | -€7,922 | -8.5% |
| Advances received on contracts in progress | 46 | €2,534 | €1,051 | -€1,483 | -58.5% |
| Taxes, remuneration and social security | 45 | €18,137 | €21,317 | +€3,180 | +17.5% |
| Taxes | 450/3 | €10,173 | €10,801 | +€628 | +6.2% |
| Remuneration and social security | 454/9 | €7,964 | €10,516 | +€2,552 | +32.0% |
| Other amounts payable | 47/48 | €45,993 | - | -€45,993 | |
| Turnover | 70 | - | €975,528 | +€975,528 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €906,781 | +€906,781 | |
| Remuneration, social security and pensions | 62 | €52,776 | €38,195 | -€14,580 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,237 | €6,237 | = | 0.0% |
| Other operating charges | 640/8 | €1,689 | - | -€1,689 | |
| Gross operating margin | 9900 | €64,558 | €68,747 | +€4,189 | +6.5% |
| Operating profit (loss) | 9901 | €3,857 | €24,315 | +€20,458 | +530.4% |
| Financial charges | 65/66B | €88 | €123 | +€35 | +40.5% |
| Recurring financial charges | 65 | €88 | €123 | +€35 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €3,769 | €24,192 | +€20,423 | +541.8% |
| Profit (loss) for the period | 9904 | €3,769 | €24,192 | +€20,423 | +541.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,769 | €24,192 | +€20,423 | +541.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.