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Meat Love: 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.

What changed

Meat Love

BE 0797.282.392
NACE 10.111, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€70,182
2024 · €24,099+€46,083
Equity
€131,312
2024 · €62,796+€68,516
Cash
€105,640
2024 · €41,898+€63,742
Balance sheet total
€231,928
2024 · €94,901+€137,027

Largest movements

2024 to 2025
Assets
  • Cash +€63,742

    up €63,742 (+152%), from €41,898 to €105,640

    mainly Net result for the year (+€70,182) and Debts after one year (+€57,436)

  • Receivables within one year +€38,558

    up €38,558 (+165%), from €23,373 to €61,931

    of which Trade receivables: +€24,272

  • Stocks and contracts +€12,787

    up €12,787 (+103%), from €12,434 to €25,221

  • Deferred charges and accrued income +€8,865

    up €8,865 (+1,069%), from €829 to €9,694

  • Tangible fixed assets +€7,951

    up €7,951 (+95.9%), from €8,290 to €16,240

    of which Furniture and vehicles: +€8,897

Equity and liabilities
  • Reserves +€68,516

    up €68,516 (+115%), from €59,796 to €128,312

  • Debts after one year +€57,436

    new in 2025: €57,436

  • Tax, wage and social debts +€15,031

    up €15,031 (+139%), from €10,848 to €25,879

  • Trade debts -€12,512

    down €12,512 (-86.1%), from €14,526 to €2,013

  • Current portion of long-term debt +€8,609

    up €8,609 (+172%), from €5,014 to €13,622

Income statement
  • Gross operating margin +€68,386

    up €68,386 (+177%), from €38,719 to €107,105

  • Taxes +€11,233

    up €11,233 (+179%), from €6,258 to €17,491

  • Other operating charges +€7,140

    up €7,140 (+142%), from €5,025 to €12,164

  • Depreciation +€3,596

    up €3,596 (+144%), from €2,496 to €6,092

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €24,099
Gross operating margin +€68,386
Depreciation -€3,596
Other operating charges -€7,140
Financial income -€58
Financial charges -€276
Taxes -€11,233
Result 2025 €70,182
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€18,531
Investment -€19,168
Financing +€64,379
Cash 2024 €41,898
Net result for the year +€70,182
Depreciation +€6,092
Stocks and contracts -€12,787
Receivables within one year -€38,558
Deferred charges and accrued income -€8,865
Trade debts -€12,512
Tax, wage and social debts +€15,031
Other debts -€52
Investment in fixed assets (net) -€19,168
Debts after one year +€57,436
Current portion of long-term debt +€8,609
Contributions, distributions and other -€1,666
Cash 2025 €105,640
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €94,901 €231,928 +€137,027 +144%
Fixed assets 21/28 €16,367 €29,443 +€13,075 +79.9%
Intangible fixed assets 21 €8,078 €13,203 +€5,125 +63.4%
Tangible fixed assets 22/27 €8,290 €16,240 +€7,951 +95.9%
Plant, machinery and equipment 23 €2,729 €1,783 -€947 -34.7%
Furniture and vehicles 24 €5,560 €14,458 +€8,897 +160%
Current assets 29/58 €78,534 €202,485 +€123,952 +158%
Stocks and contracts in progress 3 €12,434 €25,221 +€12,787 +103%
Stocks 30/36 €12,434 €25,221 +€12,787 +103%
Amounts receivable within one year 40/41 €23,373 €61,931 +€38,558 +165%
Trade receivables 40 €21,837 €46,109 +€24,272 +111%
Other amounts receivable 41 €1,535 €15,822 +€14,286 +930%
Cash at bank and in hand 54/58 €41,898 €105,640 +€63,742 +152%
Deferred charges and accrued income 490/1 €829 €9,694 +€8,865 +1,069%
Total equity and liabilities 10/49 €94,901 €231,928 +€137,027 +144%
Equity 10/15 €62,796 €131,312 +€68,516 +109%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €59,796 €128,312 +€68,516 +115%
Distributable reserves 133 €59,796 €128,312 +€68,516 +115%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €32,105 €100,616 +€68,511 +213%
Amounts payable after more than one year 17 - €57,436 +€57,436
Financial debts 170/4 - €57,436 +€57,436
Amounts payable within one year 42/48 €32,105 €43,180 +€11,075 +34.5%
Current portion of amounts payable after more than one year 42 €5,014 €13,622 +€8,609 +172%
Trade debts 44 €14,526 €2,013 -€12,512 -86.1%
Suppliers 440/4 €14,526 €2,013 -€12,512 -86.1%
Taxes, remuneration and social security 45 €10,848 €25,879 +€15,031 +139%
Taxes 450/3 €10,848 €25,879 +€15,031 +139%
Other amounts payable 47/48 €1,718 €1,666 -€52 -3.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,496 €6,092 +€3,596 +144%
Other operating charges 640/8 €5,025 €12,164 +€7,140 +142%
Gross operating margin 9900 €38,719 €107,105 +€68,386 +177%
Operating profit (loss) 9901 €31,199 €88,849 +€57,650 +185%
Financial income 75/76B €58 €0 -€58 -100%
Recurring financial income 75 €58 €0 -€58 -100%
Financial charges 65/66B €900 €1,176 +€276 +30.7%
Recurring financial charges 65 €900 €1,176 +€276 +30.7%
Profit (loss) for the period before taxes 9903 €30,357 €87,673 +€57,316 +189%
Income taxes 67/77 €6,258 €17,491 +€11,233 +179%
Profit (loss) for the period 9904 €24,099 €70,182 +€46,083 +191%
Profit (loss) for the period to be appropriated 9905 €24,099 €70,182 +€46,083 +191%

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 15 October 2026 via checked.be.