NAUTIFOOD: 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.
NAUTIFOOD
Largest movements
- Receivables within one year -€218,494
down €218,494 (-53.0%), from €412,327 to €193,833
of which Trade receivables: -€274,765
- Cash -€197,703
down €197,703 (-20.7%), from €954,671 to €756,968
mainly Debts after one year (-€296,610) and Advances received (-€210,540)
- Tangible fixed assets -€180,402
down €180,402 (-6.8%), from €2.7m to €2.5m
of which Other tangible fixed assets: -€111,817
- Stocks and contracts +€98,895
up €98,895 (+18.9%), from €522,393 to €621,288
- Deferred charges and accrued income +€74,193
up €74,193 (+501%), from €14,815 to €89,008
- Debts after one year -€296,610
down €296,610 (-12.4%), from €2.4m to €2.1m
of which Financial debts: -€296,610
- Advances received -€210,540
no longer reported in 2025 (was €210,540)
- Trade debts -€190,820
down €190,820 (-14.0%), from €1.4m to €1.2m
- Current portion of long-term debt +€82,684
up €82,684 (+22.5%), from €367,129 to €449,813
- Short-term financial debts +€78,522
up €78,522 (+580%), from €13,544 to €92,066
- Gross operating margin +€530,803
up €530,803 (+36.2%), from €1.5m to €2.0m
- Staff costs +€317,924
up €317,924 (+32.2%), from €988,302 to €1.3m
- Depreciation +€100,006
up €100,006 (+30.0%), from €333,176 to €433,183
- Financial charges +€68,123
up €68,123 (+62.5%), from €109,043 to €177,166
of which Financial charges: +€54,912
- Other operating charges +€30,138
up €30,138 (+81.8%), from €36,837 to €66,975
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 | €4,651,809 | €4,166,432 | -€485,377 | -10.4% |
| Fixed assets | 21/28 | €2,747,604 | €2,505,336 | -€242,267 | -8.8% |
| Intangible fixed assets | 21 | €85,000 | €25,000 | -€60,000 | -70.6% |
| Tangible fixed assets | 22/27 | €2,651,885 | €2,471,483 | -€180,402 | -6.8% |
| Plant, machinery and equipment | 23 | €1,129,636 | €1,064,753 | -€64,883 | -5.7% |
| Furniture and vehicles | 24 | €44,926 | €3,076 | -€41,850 | -93.2% |
| Leasing and similar rights | 25 | €50,554 | €88,703 | +€38,149 | +75.5% |
| Other tangible fixed assets | 26 | €1,426,769 | €1,314,952 | -€111,817 | -7.8% |
| Financial fixed assets | 28 | €10,719 | €8,853 | -€1,866 | -17.4% |
| Current assets | 29/58 | €1,904,205 | €1,661,096 | -€243,109 | -12.8% |
| Stocks and contracts in progress | 3 | €522,393 | €621,288 | +€98,895 | +18.9% |
| Stocks | 30/36 | €522,393 | €621,288 | +€98,895 | +18.9% |
| Amounts receivable within one year | 40/41 | €412,327 | €193,833 | -€218,494 | -53.0% |
| Trade receivables | 40 | €275,687 | €921 | -€274,765 | -99.7% |
| Other amounts receivable | 41 | €136,640 | €192,911 | +€56,271 | +41.2% |
| Cash at bank and in hand | 54/58 | €954,671 | €756,968 | -€197,703 | -20.7% |
| Deferred charges and accrued income | 490/1 | €14,815 | €89,008 | +€74,193 | +501% |
| Total equity and liabilities | 10/49 | €4,651,809 | €4,166,432 | -€485,377 | -10.4% |
| Equity | 10/15 | €115,231 | €120,596 | +€5,365 | +4.7% |
| Contributions | 10/11 | €134,693 | €134,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,462 | -€14,097 | +€5,365 | +27.6% |
| Amounts payable | 17/49 | €4,536,578 | €4,045,837 | -€490,741 | -10.8% |
| Amounts payable after more than one year | 17 | €2,399,123 | €2,102,513 | -€296,610 | -12.4% |
| Financial debts | 170/4 | €2,395,323 | €2,098,713 | -€296,610 | -12.4% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,137,455 | €1,935,140 | -€202,315 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €367,129 | €449,813 | +€82,684 | +22.5% |
| Financial debts | 43 | €13,544 | €92,066 | +€78,522 | +580% |
| Credit institutions | 430/8 | €13,544 | €92,066 | +€78,522 | +580% |
| Trade debts | 44 | €1,361,036 | €1,170,216 | -€190,820 | -14.0% |
| Suppliers | 440/4 | €1,361,036 | €1,170,216 | -€190,820 | -14.0% |
| Advances received on contracts in progress | 46 | €210,540 | - | -€210,540 | |
| Taxes, remuneration and social security | 45 | €183,510 | €223,045 | +€39,535 | +21.5% |
| Taxes | 450/3 | - | €4,308 | +€4,308 | |
| Remuneration and social security | 454/9 | €183,510 | €218,737 | +€35,227 | +19.2% |
| Other amounts payable | 47/48 | €1,696 | - | -€1,696 | |
| Accrued charges and deferred income | 492/3 | - | €8,183 | +€8,183 | |
| Non-recurring operating income | 76A | - | €10,493 | +€10,493 | |
| Remuneration, social security and pensions | 62 | €988,302 | €1,306,226 | +€317,924 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333,176 | €433,183 | +€100,006 | +30.0% |
| Other operating charges | 640/8 | €36,837 | €66,975 | +€30,138 | +81.8% |
| Non-recurring operating charges | 66A | €6,931 | €7,957 | +€1,026 | +14.8% |
| Gross operating margin | 9900 | €1,465,157 | €1,995,959 | +€530,803 | +36.2% |
| Operating profit (loss) | 9901 | €99,910 | €181,618 | +€81,708 | +81.8% |
| Financial income | 75/76B | €15,193 | €7,771 | -€7,423 | -48.9% |
| Recurring financial income | 75 | €7,465 | €7,771 | +€306 | +4.1% |
| Non-recurring financial income | 76B | €7,728 | - | -€7,728 | |
| Financial charges | 65/66B | €109,043 | €177,166 | +€68,123 | +62.5% |
| Recurring financial charges | 65 | €106,143 | €161,056 | +€54,912 | +51.7% |
| Non-recurring financial charges | 66B | €2,900 | €16,111 | +€13,211 | +456% |
| Profit (loss) for the period before taxes | 9903 | €6,060 | €12,223 | +€6,163 | +102% |
| Income taxes | 67/77 | - | €6,858 | +€6,858 | |
| Profit (loss) for the period | 9904 | €6,060 | €5,365 | -€696 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,060 | €5,365 | -€696 | -11.5% |
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 21 October 2026 via checked.be.