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Meatrade: 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

Meatrade

BE 0412.642.651
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,277
2024 · €1,253+€24
Equity
€125,579
2024 · €124,302+€1,277
Cash
€47,786
2024 · €6,682+€41,104
Balance sheet total
€125,668
2024 · €124,465+€1,203

Largest movements

2024 to 2025
Assets
  • Cash +€41,104

    up €41,104 (+615%), from €6,682 to €47,786

    mainly Current investments (+€40,000) and Net result for the year (+€1,277)

  • Current investments -€40,000

    no longer reported in 2025 (was €40,000)

Equity and liabilities
  • Profit (loss) carried forward +€1,277

    up €1,277 (+7.2%), from €17,645 to €18,921

Income statement
  • Financial charges +€96

    up €96 (+213%), from €45 to €141

  • Financial income +€75

    up €75 (+9.2%), from €823 to €899

  • Gross operating margin +€49

    up €49 (+6.6%), from €741 to €790

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 €1,253
Gross operating margin +€49
Other operating charges -€4
Financial income +€75
Financial charges -€96
Result 2025 €1,277
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 +€1,104
Investment +€40,000
Financing €0
Cash 2024 €6,682
Net result for the year +€1,277
Smaller working-capital items -€173
Current investments +€40,000
Cash 2025 €47,786
brings cash intakes cash out
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €124,465 €125,668 +€1,203 +1.0%
Fixed assets 21/28 €77,366 €77,366 = 0.0%
Tangible fixed assets 22/27 €77,366 €77,366 = 0.0%
Land and buildings 22 €77,366 €77,366 = 0.0%
Current assets 29/58 €47,100 €48,303 +€1,203 +2.6%
Amounts receivable within one year 40/41 €417 €517 +€99 +23.7%
Other amounts receivable 41 €417 €517 +€99 +23.7%
Current investments 50/53 €40,000 - -€40,000
Cash at bank and in hand 54/58 €6,682 €47,786 +€41,104 +615%
Total equity and liabilities 10/49 €124,465 €125,668 +€1,203 +1.0%
Equity 10/15 €124,302 €125,579 +€1,277 +1.0%
Contributions 10/11 €90,000 €90,000 = 0.0%
Capital 10 €90,000 €90,000 = 0.0%
Issued capital 100 €90,000 €90,000 = 0.0%
Reserves 13 €16,657 €16,657 = 0.0%
Non-distributable reserves 130/1 €16,657 €16,657 = 0.0%
Legal reserve 130 €16,657 €16,657 = 0.0%
Profit (loss) carried forward 14 €17,645 €18,921 +€1,277 +7.2%
Amounts payable 17/49 €164 €89 -€74 -45.3%
Amounts payable within one year 42/48 €164 €89 -€74 -45.3%
Trade debts 44 €88 €89 +€2 +1.9%
Suppliers 440/4 €88 €89 +€2 +1.9%
Taxes, remuneration and social security 45 €76 - -€76
Taxes 450/3 €76 - -€76
Other operating charges 640/8 €266 €270 +€4 +1.6%
Gross operating margin 9900 €741 €790 +€49 +6.6%
Operating profit (loss) 9901 €475 €519 +€45 +9.4%
Financial income 75/76B €823 €899 +€75 +9.2%
Recurring financial income 75 €823 €899 +€75 +9.2%
Financial charges 65/66B €45 €141 +€96 +213%
Recurring financial charges 65 €45 €141 +€96 +213%
Profit (loss) for the period before taxes 9903 €1,253 €1,277 +€24 +1.9%
Profit (loss) for the period 9904 €1,253 €1,277 +€24 +1.9%
Profit (loss) for the period to be appropriated 9905 €1,253 €1,277 +€24 +1.9%

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 18 October 2026 via checked.be.