MEAT SUPPLY: what changed
What changed
MEAT SUPPLY
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
-€8,230
2024 · €258,626-€266,857
Equity
€1.8m
2024 · €1.8m-€8,230
Cash
€281,805
2024 · €327,542-€45,737
Balance sheet total
€5.9m
2024 · €6.0m-€78,650
Largest movements
Assets
- Tangible fixed assets +€324,040
up €324,040 (+18.0%), from €1.8m to €2.1m
of which Plant, machinery and equipment: +€402,930
- Receivables within one year -€282,636
down €282,636 (-11.6%), from €2.4m to €2.2m
of which Trade receivables: -€157,970
- Stocks and contracts -€62,752
down €62,752 (-4.5%), from €1.4m to €1.3m
Equity and liabilities
- Other debts -€200,129
down €200,129 (-49.8%), from €401,480 to €201,351
- Debts after one year +€186,740
up €186,740 (+14.2%), from €1.3m to €1.5m
- Short-term financial debts +€99,351
up €99,351 (+12.4%), from €800,000 to €899,351
- Current portion of long-term debt -€99,196
down €99,196 (-21.8%), from €454,618 to €355,422
- Tax, wage and social debts -€76,071
down €76,071 (-28.4%), from €268,215 to €192,144
of which Taxes: -€53,046
Income statement
- Turnover -€1.6m
down €1.6m (-10.6%), from €14.9m to €13.3m
- Goods and materials -€1.1m
down €1.1m (-12.3%), from €9.2m to €8.1m
of which Purchases: -€1.1m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€258,626
Turnover
-€1.6m
Other operating income
-€21,092
Goods and materials
+€1.1m
Services and other goods
-€29,729
Staff costs
-€3,522
Depreciation
+€72,390
Write-downs
+€9,571
Other operating charges
+€5,874
Financial income
-€5,434
Financial charges
+€64,950
Taxes
+€88,583
Result 2025
-€8,230
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€490,710
Investment
-€723,342
Financing
+€186,894
Cash 2024
€327,542
From operations (derived)
+€490,710
Net result for the year
-€8,230
Depreciation
+€404,932
Stocks and contracts
+€62,752
Receivables within one year
+€282,636
Deferred charges and accrued income
+€5,936
Smaller working-capital items
-€569
Trade debts
+€19,454
Tax, wage and social debts
-€76,071
Other debts
-€200,129
Investment (derived)
-€723,342
Investment in fixed assets (net)
-€723,342
Financing
+€186,894
Debts after one year
+€186,740
Current portion of long-term debt
-€99,196
Short-term financial debts
+€99,351
Cash 2025
€281,805
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,024,698 | €5,946,048 | -€78,650 | -1.3% |
| Fixed assets | 21/28 | €1,825,019 | €2,143,429 | +€318,410 | +17.4% |
| Intangible fixed assets | 21 | €8,580 | €2,950 | -€5,630 | -65.6% |
| Tangible fixed assets | 22/27 | €1,800,609 | €2,124,649 | +€324,040 | +18.0% |
| Land and buildings | 22 | €1,193,129 | €1,128,158 | -€64,971 | -5.4% |
| Plant, machinery and equipment | 23 | €548,163 | €951,092 | +€402,930 | +73.5% |
| Furniture and vehicles | 24 | €59,317 | €45,399 | -€13,919 | -23.5% |
| Financial fixed assets | 28 | €15,830 | €15,830 | = | 0.0% |
| Other financial fixed assets | 284/8 | €15,830 | €15,830 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €15,830 | €15,830 | = | 0.0% |
| Current assets | 29/58 | €4,199,679 | €3,802,618 | -€397,061 | -9.5% |
| Stocks and contracts in progress | 3 | €1,392,050 | €1,329,298 | -€62,752 | -4.5% |
| Stocks | 30/36 | €1,392,050 | €1,329,298 | -€62,752 | -4.5% |
| Raw materials and consumables | 30/31 | €661,530 | €674,930 | +€13,400 | +2.0% |
| Work in progress | 32 | €334,879 | €336,802 | +€1,923 | +0.6% |
| Finished goods | 33 | €395,641 | €317,566 | -€78,075 | -19.7% |
| Amounts receivable within one year | 40/41 | €2,441,279 | €2,158,643 | -€282,636 | -11.6% |
| Trade receivables | 40 | €1,692,166 | €1,534,196 | -€157,970 | -9.3% |
| Other amounts receivable | 41 | €749,113 | €624,448 | -€124,666 | -16.6% |
| Cash at bank and in hand | 54/58 | €327,542 | €281,805 | -€45,737 | -14.0% |
| Deferred charges and accrued income | 490/1 | €38,807 | €32,872 | -€5,936 | -15.3% |
| Total equity and liabilities | 10/49 | €6,024,698 | €5,946,048 | -€78,650 | -1.3% |
| Equity | 10/15 | €1,825,658 | €1,817,428 | -€8,230 | -0.5% |
| Contributions | 10/11 | €1,107,998 | €1,107,998 | = | 0.0% |
| Capital | 10 | €1,107,782 | €1,107,782 | = | 0.0% |
| Issued capital | 100 | €1,263,009 | €1,263,009 | = | 0.0% |
| Uncalled capital | 101 | €155,227 | €155,227 | = | 0.0% |
| Contributions outside capital | 11 | €216 | €216 | = | 0.0% |
| Share premium | 1100/10 | €216 | €216 | = | 0.0% |
| Reserves | 13 | €717,661 | €709,430 | -€8,230 | -1.1% |
| Non-distributable reserves | 130/1 | €126,301 | €126,301 | = | 0.0% |
| Legal reserve | 130 | €126,301 | €126,301 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,156 | €4,831 | -€2,325 | -32.5% |
| Distributable reserves | 133 | €584,204 | €578,298 | -€5,905 | -1.0% |
| Provisions and deferred taxes | 16 | €2,385 | €1,610 | -€775 | -32.5% |
| Deferred taxes | 168 | €2,385 | €1,610 | -€775 | -32.5% |
| Amounts payable | 17/49 | €4,196,654 | €4,127,009 | -€69,645 | -1.7% |
| Amounts payable after more than one year | 17 | €1,315,785 | €1,502,525 | +€186,740 | +14.2% |
| Financial debts | 170/4 | €1,315,785 | €1,502,525 | +€186,740 | +14.2% |
| Credit institutions | 173 | €1,315,785 | €1,502,525 | +€186,740 | +14.2% |
| Amounts payable within one year | 42/48 | €2,879,537 | €2,622,945 | -€256,592 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €454,618 | €355,422 | -€99,196 | -21.8% |
| Financial debts | 43 | €800,000 | €899,351 | +€99,351 | +12.4% |
| Credit institutions | 430/8 | €800,000 | €899,351 | +€99,351 | +12.4% |
| Trade debts | 44 | €955,223 | €974,677 | +€19,454 | +2.0% |
| Suppliers | 440/4 | €955,223 | €974,677 | +€19,454 | +2.0% |
| Taxes, remuneration and social security | 45 | €268,215 | €192,144 | -€76,071 | -28.4% |
| Taxes | 450/3 | €68,792 | €15,746 | -€53,046 | -77.1% |
| Remuneration and social security | 454/9 | €199,423 | €176,398 | -€23,025 | -11.5% |
| Other amounts payable | 47/48 | €401,480 | €201,351 | -€200,129 | -49.8% |
| Accrued charges and deferred income | 492/3 | €1,332 | €1,538 | +€206 | +15.5% |
| Operating income | 70/76A | €14,958,359 | €13,353,205 | -€1.6m | -10.7% |
| Turnover | 70 | €14,929,041 | €13,344,979 | -€1.6m | -10.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €0 | - | = | |
| Other operating income | 74 | €29,318 | €8,226 | -€21,092 | -71.9% |
| Operating charges | 60/66A | €14,467,043 | €13,276,846 | -€1.2m | -8.2% |
| Goods for resale, raw materials and consumables | 60 | €9,208,957 | €8,073,343 | -€1.1m | -12.3% |
| Purchases | 600/8 | €9,112,663 | €8,010,591 | -€1.1m | -12.1% |
| Change in stocks: decrease (increase) | 609 | €96,295 | €62,752 | -€33,543 | -34.8% |
| Services and other goods | 61 | €2,959,727 | €2,989,456 | +€29,729 | +1.0% |
| Remuneration, social security and pensions | 62 | €1,747,201 | €1,750,723 | +€3,522 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477,322 | €404,932 | -€72,390 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,571 | €0 | -€9,571 | -100% |
| Other operating charges | 640/8 | €64,266 | €58,392 | -€5,874 | -9.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €491,316 | €76,359 | -€414,956 | -84.5% |
| Financial income | 75/76B | €30,074 | €24,641 | -€5,434 | -18.1% |
| Recurring financial income | 75 | €30,074 | €24,641 | -€5,434 | -18.1% |
| Income from current assets | 751 | €24,341 | €21,825 | -€2,515 | -10.3% |
| Other financial income | 752/9 | €5,733 | €2,815 | -€2,918 | -50.9% |
| Financial charges | 65/66B | €167,355 | €102,405 | -€64,950 | -38.8% |
| Recurring financial charges | 65 | €167,355 | €102,405 | -€64,950 | -38.8% |
| Debt charges | 650 | €156,276 | €92,811 | -€63,465 | -40.6% |
| Other financial charges | 652/9 | €11,079 | €9,594 | -€1,486 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €354,035 | -€1,405 | -€355,440 | |
| Transfer from deferred taxes | 780 | €775 | €775 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €96,183 | €7,600 | -€88,583 | -92.1% |
| Taxes | 670/3 | €96,183 | €7,600 | -€88,583 | -92.1% |
| Profit (loss) for the period | 9904 | €258,626 | -€8,230 | -€266,857 | |
| Transfer from tax-exempt reserves | 789 | €2,325 | €2,325 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €260,951 | -€5,905 | -€266,857 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.