Meat & Storage DC: 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 & Storage DC
NACE 52.100, Warehousing and storage
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€146,366
2024 · €229,211-€82,845
Equity
€5.1m
2024 · €4.9m+€146,366
Cash
€128,244
2024 · €53,809+€74,435
Balance sheet total
€9.2m
2024 · €8.5m+€691,929
Largest movements
Assets
- Receivables within one year +€709,327
up €709,327 (+15.4%), from €4.6m to €5.3m
of which Trade receivables: +€1.0m
Equity and liabilities
- Other debts +€1.5m
up €1.5m (+288%), from €532,015 to €2.1m
- Debts after one year -€621,938
down €621,938 (-44.2%), from €1.4m to €785,404
- Short-term financial debts -€350,000
down €350,000 (-58.3%), from €600,000 to €250,000
- Reserves +€146,366
up €146,366 (+6.6%), from €2.2m to €2.4m
of which Distributable reserves: +€146,366
- Trade debts +€106,781
up €106,781 (+75.2%), from €142,085 to €248,867
Income statement
- Depreciation +€64,681
up €64,681 (+11.6%), from €558,428 to €623,109
- Gross operating margin -€22,465
down €22,465 (-1.6%), from €1.4m to €1.4m
- Staff costs -€18,500
down €18,500 (-3.8%), from €486,579 to €468,079
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.
Result 2024
€229,211
Gross operating margin
-€22,465
Staff costs
+€18,500
Depreciation
-€64,681
Other operating charges
-€4,386
Financial income
-€7,496
Financial charges
-€2,298
Taxes
+€25
Deferred taxes and other
-€43
Result 2025
€146,366
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.6m
Investment
-€538,285
Financing
-€994,639
Cash 2024
€53,809
From operations (derived)
+€1.6m
Net result for the year
+€146,366
Depreciation
+€623,109
Smaller working-capital items
-€1,072
Receivables within one year
-€709,327
Deferred charges and accrued income
+€4,593
Trade debts
+€106,781
Tax, wage and social debts
-€97,500
Other debts
+€1.5m
Investment (derived)
-€538,285
Investment in fixed assets (net)
-€538,285
Financing
-€994,639
Debts after one year
-€621,938
Current portion of long-term debt
-€22,701
Short-term financial debts
-€350,000
Cash 2025
€128,244
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,506,915 | €9,198,844 | +€691,929 | +8.1% |
| Fixed assets | 21/28 | €3,805,687 | €3,720,863 | -€84,824 | -2.2% |
| Tangible fixed assets | 22/27 | €3,774,700 | €3,689,876 | -€84,824 | -2.2% |
| Land and buildings | 22 | €3,020,748 | €2,847,217 | -€173,531 | -5.7% |
| Plant, machinery and equipment | 23 | €544,901 | €576,743 | +€31,842 | +5.8% |
| Furniture and vehicles | 24 | €209,052 | €265,917 | +€56,865 | +27.2% |
| Financial fixed assets | 28 | €30,987 | €30,987 | = | 0.0% |
| Current assets | 29/58 | €4,701,228 | €5,477,981 | +€776,753 | +16.5% |
| Stocks and contracts in progress | 3 | €7,415 | €5,000 | -€2,415 | -32.6% |
| Stocks | 30/36 | €7,415 | €5,000 | -€2,415 | -32.6% |
| Amounts receivable within one year | 40/41 | €4,607,894 | €5,317,221 | +€709,327 | +15.4% |
| Trade receivables | 40 | €1,460,475 | €2,461,684 | +€1.0m | +68.6% |
| Other amounts receivable | 41 | €3,147,419 | €2,855,537 | -€291,883 | -9.3% |
| Cash at bank and in hand | 54/58 | €53,809 | €128,244 | +€74,435 | +138% |
| Deferred charges and accrued income | 490/1 | €32,110 | €27,516 | -€4,593 | -14.3% |
| Total equity and liabilities | 10/49 | €8,506,915 | €9,198,844 | +€691,929 | +8.1% |
| Equity | 10/15 | €4,906,641 | €5,053,007 | +€146,366 | +3.0% |
| Contributions | 10/11 | €2,681,663 | €2,681,663 | = | 0.0% |
| Capital | 10 | €2,681,663 | €2,681,663 | = | 0.0% |
| Issued capital | 100 | €2,681,663 | €2,681,663 | = | 0.0% |
| Reserves | 13 | €2,224,978 | €2,371,344 | +€146,366 | +6.6% |
| Non-distributable reserves | 130/1 | €268,166 | €268,166 | = | 0.0% |
| Legal reserve | 130 | €268,166 | €268,166 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,956,812 | €2,103,178 | +€146,366 | +7.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €3,600,274 | €4,145,837 | +€545,563 | +15.2% |
| Amounts payable after more than one year | 17 | €1,407,342 | €785,404 | -€621,938 | -44.2% |
| Financial debts | 170/4 | €1,407,342 | €785,404 | -€621,938 | -44.2% |
| Amounts payable within one year | 42/48 | €2,169,481 | €3,340,468 | +€1.2m | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €697,670 | €674,969 | -€22,701 | -3.3% |
| Financial debts | 43 | €600,000 | €250,000 | -€350,000 | -58.3% |
| Credit institutions | 430/8 | €600,000 | €250,000 | -€350,000 | -58.3% |
| Trade debts | 44 | €142,085 | €248,867 | +€106,781 | +75.2% |
| Suppliers | 440/4 | €142,085 | €248,867 | +€106,781 | +75.2% |
| Taxes, remuneration and social security | 45 | €197,711 | €100,211 | -€97,500 | -49.3% |
| Taxes | 450/3 | €124,705 | €42,990 | -€81,715 | -65.5% |
| Remuneration and social security | 454/9 | €73,006 | €57,221 | -€15,785 | -21.6% |
| Other amounts payable | 47/48 | €532,015 | €2,066,422 | +€1.5m | +288% |
| Accrued charges and deferred income | 492/3 | €23,451 | €19,964 | -€3,487 | -14.9% |
| Non-recurring operating income | 76A | €0 | €960 | +€960 | |
| Remuneration, social security and pensions | 62 | €486,579 | €468,079 | -€18,500 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €558,428 | €623,109 | +€64,681 | +11.6% |
| Other operating charges | 640/8 | €82,702 | €87,088 | +€4,386 | +5.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,407,738 | €1,385,273 | -€22,465 | -1.6% |
| Operating profit (loss) | 9901 | €280,029 | €206,996 | -€73,033 | -26.1% |
| Financial income | 75/76B | €53,656 | €46,159 | -€7,496 | -14.0% |
| Recurring financial income | 75 | €53,656 | €46,159 | -€7,496 | -14.0% |
| Financial charges | 65/66B | €103,753 | €106,050 | +€2,298 | +2.2% |
| Recurring financial charges | 65 | €103,753 | €106,050 | +€2,298 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €229,932 | €147,105 | -€82,827 | -36.0% |
| Transfer from deferred taxes | 780 | €43 | €0 | -€43 | -100% |
| Income taxes | 67/77 | €764 | €739 | -€25 | -3.3% |
| Profit (loss) for the period | 9904 | €229,211 | €146,366 | -€82,845 | -36.1% |
| Transfer from tax-exempt reserves | 789 | €83 | €0 | -€83 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €229,294 | €146,366 | -€82,928 | -36.2% |
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 13 October 2026 via checked.be.