Meat Estate: 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.
Meat Estate
Largest movements
- Tangible fixed assets -€26,873
down €26,873 (-3.1%), from €872,968 to €846,095
of which Land and buildings: -€26,496
- Cash +€23,230
up €23,230 (+2,212%), from €1,050 to €24,280
mainly Depreciation (+€41,571) and Receivables within one year (+€19,409)
- Receivables within one year -€19,409
down €19,409 (-100%), from €19,409 to €0
of which Other amounts receivable: -€11,241
- Debts after one year -€40,750
down €40,750 (-6.1%), from €671,892 to €631,142
- Gross operating margin +€46,230
up €46,230 (+153%), from €30,189 to €76,418
- Depreciation +€22,272
up €22,272 (+115%), from €19,300 to €41,571
- Financial charges -€2,947
down €2,947 (-8.5%), from €34,868 to €31,921
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 | €894,030 | €870,375 | -€23,655 | -2.6% |
| Fixed assets | 21/28 | €872,968 | €846,095 | -€26,873 | -3.1% |
| Tangible fixed assets | 22/27 | €872,968 | €846,095 | -€26,873 | -3.1% |
| Land and buildings | 22 | €871,775 | €845,279 | -€26,496 | -3.0% |
| Furniture and vehicles | 24 | €1,193 | €817 | -€376 | -31.5% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €21,062 | €24,280 | +€3,218 | +15.3% |
| Amounts receivable within one year | 40/41 | €19,409 | €0 | -€19,409 | -100% |
| Trade receivables | 40 | €8,168 | €0 | -€8,168 | -100% |
| Other amounts receivable | 41 | €11,241 | €0 | -€11,241 | -100% |
| Cash at bank and in hand | 54/58 | €1,050 | €24,280 | +€23,230 | +2,212% |
| Deferred charges and accrued income | 490/1 | €603 | €0 | -€603 | -100% |
| Total equity and liabilities | 10/49 | €894,030 | €870,375 | -€23,655 | -2.6% |
| Equity | 10/15 | €43,198 | €46,037 | +€2,839 | +6.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,802 | -€53,963 | +€2,839 | +5.0% |
| Amounts payable | 17/49 | €850,832 | €824,338 | -€26,493 | -3.1% |
| Amounts payable after more than one year | 17 | €671,892 | €631,142 | -€40,750 | -6.1% |
| Financial debts | 170/4 | €671,892 | €631,142 | -€40,750 | -6.1% |
| Amounts payable within one year | 42/48 | €177,927 | €189,589 | +€11,662 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €39,210 | €40,750 | +€1,540 | +3.9% |
| Trade debts | 44 | €230 | €0 | -€230 | -100% |
| Suppliers | 440/4 | €230 | €0 | -€230 | -100% |
| Taxes, remuneration and social security | 45 | €346 | €5,120 | +€4,774 | +1,380% |
| Taxes | 450/3 | €346 | €5,120 | +€4,774 | +1,380% |
| Other amounts payable | 47/48 | €138,140 | €143,720 | +€5,579 | +4.0% |
| Accrued charges and deferred income | 492/3 | €1,013 | €3,607 | +€2,594 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,300 | €41,571 | +€22,272 | +115% |
| Other operating charges | 640/8 | €62 | €87 | +€25 | +40.0% |
| Gross operating margin | 9900 | €30,189 | €76,418 | +€46,230 | +153% |
| Operating profit (loss) | 9901 | €10,827 | €34,760 | +€23,933 | +221% |
| Financial income | 75/76B | €662 | €0 | -€662 | -100% |
| Recurring financial income | 75 | €662 | €0 | -€662 | -100% |
| Financial charges | 65/66B | €34,868 | €31,921 | -€2,947 | -8.5% |
| Recurring financial charges | 65 | €34,868 | €31,921 | -€2,947 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,379 | €2,839 | +€26,218 | |
| Profit (loss) for the period | 9904 | -€23,379 | €2,839 | +€26,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,379 | €2,839 | +€26,218 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.