MEAT VAN RIET: 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 VAN RIET
Largest movements
- Cash -€31,577
down €31,577 (-48.5%), from €65,076 to €33,499
mainly Debts after one year (-€37,931) and Stocks and contracts (-€30,461)
- Stocks and contracts +€30,461
up €30,461 (+159%), from €19,139 to €49,600
- Tangible fixed assets -€19,093
down €19,093 (-6.1%), from €312,050 to €292,957
of which Furniture and vehicles: -€18,910
- Receivables within one year +€8,990
up €8,990 (+67.7%), from €13,274 to €22,264
of which Trade receivables: +€4,730
- Debts after one year -€37,931
down €37,931 (-22.8%), from €166,408 to €128,476
- Profit (loss) carried forward +€24,196
up €24,196 (+54.8%), from €44,193 to €68,389
- Current portion of long-term debt +€10,801
up €10,801 (+29.1%), from €37,130 to €47,931
- Tax, wage and social debts -€4,920
down €4,920 (-59.9%), from €8,210 to €3,289
of which Taxes: -€5,120
- Other debts -€4,114
down €4,114 (-6.1%), from €67,549 to €63,435
- Gross operating margin +€32,914
up €32,914 (+58.9%), from €55,889 to €88,803
- Taxes +€6,446
up €6,446 (+2,160%), from €298 to €6,745
- Depreciation +€5,415
up €5,415 (+14.1%), from €38,393 to €43,808
- Financial charges -€3,242
down €3,242 (-46.3%), from €7,010 to €3,767
- Staff costs +€2,644
up €2,644 (+68.3%), from €3,871 to €6,516
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 | €410,872 | €400,707 | -€10,165 | -2.5% |
| Fixed assets | 21/28 | €312,050 | €292,957 | -€19,093 | -6.1% |
| Tangible fixed assets | 22/27 | €312,050 | €292,957 | -€19,093 | -6.1% |
| Land and buildings | 22 | €188,348 | €189,404 | +€1,056 | +0.6% |
| Plant, machinery and equipment | 23 | €52,227 | €50,524 | -€1,702 | -3.3% |
| Furniture and vehicles | 24 | €45,042 | €26,132 | -€18,910 | -42.0% |
| Other tangible fixed assets | 26 | €26,433 | €26,897 | +€464 | +1.8% |
| Current assets | 29/58 | €98,822 | €107,750 | +€8,927 | +9.0% |
| Stocks and contracts in progress | 3 | €19,139 | €49,600 | +€30,461 | +159% |
| Stocks | 30/36 | €19,139 | €49,600 | +€30,461 | +159% |
| Amounts receivable within one year | 40/41 | €13,274 | €22,264 | +€8,990 | +67.7% |
| Trade receivables | 40 | €13,175 | €17,905 | +€4,730 | +35.9% |
| Other amounts receivable | 41 | €99 | €4,359 | +€4,260 | +4,288% |
| Cash at bank and in hand | 54/58 | €65,076 | €33,499 | -€31,577 | -48.5% |
| Deferred charges and accrued income | 490/1 | €1,333 | €2,386 | +€1,054 | +79.1% |
| Total equity and liabilities | 10/49 | €410,872 | €400,707 | -€10,165 | -2.5% |
| Equity | 10/15 | €64,193 | €88,389 | +€24,196 | +37.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,193 | €68,389 | +€24,196 | +54.8% |
| Amounts payable | 17/49 | €346,679 | €312,318 | -€34,361 | -9.9% |
| Amounts payable after more than one year | 17 | €166,408 | €128,476 | -€37,931 | -22.8% |
| Financial debts | 170/4 | €166,408 | €128,476 | -€37,931 | -22.8% |
| Amounts payable within one year | 42/48 | €177,909 | €182,342 | +€4,433 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €37,130 | €47,931 | +€10,801 | +29.1% |
| Trade debts | 44 | €65,020 | €67,686 | +€2,666 | +4.1% |
| Suppliers | 440/4 | €65,020 | €67,686 | +€2,666 | +4.1% |
| Taxes, remuneration and social security | 45 | €8,210 | €3,289 | -€4,920 | -59.9% |
| Taxes | 450/3 | €6,865 | €1,745 | -€5,120 | -74.6% |
| Remuneration and social security | 454/9 | €1,345 | €1,544 | +€200 | +14.8% |
| Other amounts payable | 47/48 | €67,549 | €63,435 | -€4,114 | -6.1% |
| Accrued charges and deferred income | 492/3 | €2,363 | €1,500 | -€863 | -36.5% |
| Non-recurring operating income | 76A | - | €3,090 | +€3,090 | |
| Remuneration, social security and pensions | 62 | €3,871 | €6,516 | +€2,644 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,393 | €43,808 | +€5,415 | +14.1% |
| Other operating charges | 640/8 | €1,707 | €3,242 | +€1,535 | +89.9% |
| Non-recurring operating charges | 66A | - | €530 | +€530 | |
| Gross operating margin | 9900 | €55,889 | €88,803 | +€32,914 | +58.9% |
| Operating profit (loss) | 9901 | €11,918 | €34,708 | +€22,790 | +191% |
| Financial income | 75/76B | €18 | €1 | -€17 | -97.1% |
| Recurring financial income | 75 | €18 | €1 | -€17 | -97.1% |
| Financial charges | 65/66B | €7,010 | €3,767 | -€3,242 | -46.3% |
| Recurring financial charges | 65 | €7,010 | €3,767 | -€3,242 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €4,926 | €30,941 | +€26,015 | +528% |
| Income taxes | 67/77 | €298 | €6,745 | +€6,446 | +2,160% |
| Profit (loss) for the period | 9904 | €4,628 | €24,196 | +€19,568 | +423% |
| Profit (loss) for the period to be appropriated | 9905 | €4,628 | €24,196 | +€19,568 | +423% |
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 29 October 2026 via checked.be.