MELICATESSEN: 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.
MELICATESSEN
Largest movements
- Receivables within one year +€15,863
up €15,863 (+117%), from €13,571 to €29,434
of which Trade receivables: +€14,180
- Tangible fixed assets +€7,397
up €7,397 (+9.5%), from €77,603 to €84,999
of which Leasing and similar rights: +€16,516
- Cash +€6,034
up €6,034 (+55.5%), from €10,866 to €16,900
mainly Net result for the year (+€39,138) and Depreciation (+€27,028)
- Stocks and contracts +€3,780
up €3,780 (+18.6%), from €20,285 to €24,065
- Intangible fixed assets -€2,790
down €2,790 (-29.3%), from €9,512 to €6,722
- Profit (loss) carried forward +€39,138
up €39,138 (+45.3%), from -€86,410 to -€47,272
- Trade debts -€15,477
down €15,477 (-17.0%), from €91,265 to €75,788
- Short-term financial debts +€5,000
up €5,000 (+20.0%), from €25,000 to €30,000
- Current portion of long-term debt -€4,864
down €4,864 (-28.1%), from €17,327 to €12,463
- Other debts +€3,447
up €3,447 (+26.5%), from €12,993 to €16,440
- Gross operating margin +€22,704
up €22,704 (+15.7%), from €144,846 to €167,550
- Staff costs -€18,266
down €18,266 (-16.3%), from €112,096 to €93,830
- Other operating charges -€3,663
down €3,663 (-71.3%), from €5,135 to €1,472
- Financial charges -€1,728
down €1,728 (-25.6%), from €6,751 to €5,023
- Financial income -€1,713
down €1,713 (-41.1%), from €4,172 to €2,459
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 | €132,627 | €163,487 | +€30,860 | +23.3% |
| Fixed assets | 21/28 | €87,115 | €91,721 | +€4,607 | +5.3% |
| Intangible fixed assets | 21 | €9,512 | €6,722 | -€2,790 | -29.3% |
| Tangible fixed assets | 22/27 | €77,603 | €84,999 | +€7,397 | +9.5% |
| Plant, machinery and equipment | 23 | €55,302 | €47,550 | -€7,752 | -14.0% |
| Furniture and vehicles | 24 | €11,916 | €10,251 | -€1,665 | -14.0% |
| Leasing and similar rights | 25 | €3,157 | €19,673 | +€16,516 | +523% |
| Other tangible fixed assets | 26 | €7,227 | €7,525 | +€298 | +4.1% |
| Current assets | 29/58 | €45,512 | €71,766 | +€26,253 | +57.7% |
| Stocks and contracts in progress | 3 | €20,285 | €24,065 | +€3,780 | +18.6% |
| Stocks | 30/36 | €20,285 | €24,065 | +€3,780 | +18.6% |
| Amounts receivable within one year | 40/41 | €13,571 | €29,434 | +€15,863 | +117% |
| Trade receivables | 40 | €13,571 | €27,751 | +€14,180 | +104% |
| Other amounts receivable | 41 | - | €1,683 | +€1,683 | |
| Cash at bank and in hand | 54/58 | €10,866 | €16,900 | +€6,034 | +55.5% |
| Deferred charges and accrued income | 490/1 | €791 | €1,367 | +€576 | +72.8% |
| Total equity and liabilities | 10/49 | €132,627 | €163,487 | +€30,860 | +23.3% |
| Equity | 10/15 | -€80,210 | -€41,072 | +€39,138 | +48.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,410 | -€47,272 | +€39,138 | +45.3% |
| Amounts payable | 17/49 | €212,837 | €204,559 | -€8,278 | -3.9% |
| Amounts payable after more than one year | 17 | €53,140 | €56,535 | +€3,395 | +6.4% |
| Financial debts | 170/4 | €53,140 | €56,535 | +€3,395 | +6.4% |
| Amounts payable within one year | 42/48 | €159,697 | €147,124 | -€12,573 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €17,327 | €12,463 | -€4,864 | -28.1% |
| Financial debts | 43 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Credit institutions | 430/8 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Trade debts | 44 | €91,265 | €75,788 | -€15,477 | -17.0% |
| Suppliers | 440/4 | €91,265 | €75,788 | -€15,477 | -17.0% |
| Taxes, remuneration and social security | 45 | €13,111 | €12,432 | -€679 | -5.2% |
| Taxes | 450/3 | €2,246 | €2,767 | +€521 | +23.2% |
| Remuneration and social security | 454/9 | €10,865 | €9,665 | -€1,200 | -11.0% |
| Other amounts payable | 47/48 | €12,993 | €16,440 | +€3,447 | +26.5% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Remuneration, social security and pensions | 62 | €112,096 | €93,830 | -€18,266 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,328 | €27,028 | -€300 | -1.1% |
| Other operating charges | 640/8 | €5,135 | €1,472 | -€3,663 | -71.3% |
| Non-recurring operating charges | 66A | - | €3,008 | +€3,008 | |
| Gross operating margin | 9900 | €144,846 | €167,550 | +€22,704 | +15.7% |
| Operating profit (loss) | 9901 | €287 | €42,212 | +€41,925 | +14,601% |
| Financial income | 75/76B | €4,172 | €2,459 | -€1,713 | -41.1% |
| Recurring financial income | 75 | €4,172 | €2,459 | -€1,713 | -41.1% |
| Financial charges | 65/66B | €6,751 | €5,023 | -€1,728 | -25.6% |
| Recurring financial charges | 65 | €6,751 | €5,023 | -€1,728 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,292 | €39,647 | +€41,939 | |
| Income taxes | 67/77 | €337 | €509 | +€171 | +50.8% |
| Profit (loss) for the period | 9904 | -€2,629 | €39,138 | +€41,768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,629 | €39,138 | +€41,768 |
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.