MEAT MEETS MEAT: 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 MEETS MEAT
Largest movements
- Financial fixed assets +€1.1m
up €1.1m (+5.5%), from €19.7m to €20.8m
- Receivables within one year +€1.0m
up €1.0m (+159%), from €647,617 to €1.7m
of which Other amounts receivable: +€1.0m
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Profit (loss) carried forward +€2.3m
up €2.3m (+67.3%), from €3.5m to €5.8m
- Other debts -€1.0m
down €1.0m (-7.7%), from €13.0m to €12.0m
- Financial income +€1.4m
up €1.4m (+134%), from €1.0m to €2.4m
- Financial charges -€68,382
down €68,382 (-8.3%), from €822,955 to €754,573
- Gross operating margin +€45,936
up €45,936 (+5.9%), from €782,212 to €828,148
- Taxes +€17,056
up €17,056 (+459%), from €3,714 to €20,771
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 | €21,207,706 | €22,582,262 | +€1.4m | +6.5% |
| Fixed assets | 21/28 | €19,701,743 | €20,776,194 | +€1.1m | +5.5% |
| Financial fixed assets | 28 | €19,701,743 | €20,776,194 | +€1.1m | +5.5% |
| Current assets | 29/58 | €1,505,963 | €1,806,068 | +€300,105 | +19.9% |
| Amounts receivable within one year | 40/41 | €647,617 | €1,677,365 | +€1.0m | +159% |
| Trade receivables | 40 | €124,617 | €153,365 | +€28,748 | +23.1% |
| Other amounts receivable | 41 | €523,000 | €1,524,000 | +€1.0m | +191% |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €256,883 | €128,703 | -€128,180 | -49.9% |
| Deferred charges and accrued income | 490/1 | €1,463 | - | -€1,463 | |
| Total equity and liabilities | 10/49 | €21,207,706 | €22,582,262 | +€1.4m | +6.5% |
| Equity | 10/15 | €7,361,787 | €9,801,232 | +€2.4m | +33.1% |
| Contributions | 10/11 | €3,600,000 | €3,600,000 | = | 0.0% |
| Capital | 10 | €3,600,000 | €3,600,000 | = | 0.0% |
| Issued capital | 100 | €3,600,000 | €3,600,000 | = | 0.0% |
| Reserves | 13 | €300,000 | €411,000 | +€111,000 | +37.0% |
| Non-distributable reserves | 130/1 | €249,000 | €360,000 | +€111,000 | +44.6% |
| Legal reserve | 130 | €249,000 | €360,000 | +€111,000 | +44.6% |
| Distributable reserves | 133 | €51,000 | €51,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,461,787 | €5,790,232 | +€2.3m | +67.3% |
| Amounts payable | 17/49 | €13,845,920 | €12,781,030 | -€1.1m | -7.7% |
| Amounts payable within one year | 42/48 | €13,023,015 | €12,026,510 | -€996,506 | -7.7% |
| Trade debts | 44 | €12,617 | €12,820 | +€203 | +1.6% |
| Suppliers | 440/4 | €12,617 | €12,820 | +€203 | +1.6% |
| Taxes, remuneration and social security | 45 | €10,398 | €13,690 | +€3,292 | +31.7% |
| Taxes | 450/3 | €10,398 | €13,690 | +€3,292 | +31.7% |
| Other amounts payable | 47/48 | €13,000,000 | €12,000,000 | -€1.0m | -7.7% |
| Accrued charges and deferred income | 492/3 | €822,904 | €754,521 | -€68,384 | -8.3% |
| Other operating charges | 640/8 | €291 | €294 | +€4 | +1.2% |
| Gross operating margin | 9900 | €782,212 | €828,148 | +€45,936 | +5.9% |
| Operating profit (loss) | 9901 | €781,922 | €827,854 | +€45,933 | +5.9% |
| Financial income | 75/76B | €1,020,841 | €2,386,935 | +€1.4m | +134% |
| Recurring financial income | 75 | €1,020,841 | €2,386,935 | +€1.4m | +134% |
| Financial charges | 65/66B | €822,955 | €754,573 | -€68,382 | -8.3% |
| Recurring financial charges | 65 | €822,955 | €754,573 | -€68,382 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €979,807 | €2,460,215 | +€1.5m | +151% |
| Income taxes | 67/77 | €3,714 | €20,771 | +€17,056 | +459% |
| Profit (loss) for the period | 9904 | €976,092 | €2,439,445 | +€1.5m | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €976,092 | €2,439,445 | +€1.5m | +150% |
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 27 October 2026 via checked.be.