NEMEGHEER: 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
NEMEGHEER
NACE 46.231, Wholesale of live animals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€70,042
2024 · €47,084-€117,126
Equity
€1.8m
2024 · €1.8m-€70,042
Cash
€25,682
2024 · €13,848+€11,833
Balance sheet total
€11.0m
2024 · €10.5m+€467,729
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+15.9%), from €7.1m to €8.2m
of which Trade receivables: +€1.1m
- Tangible fixed assets -€378,078
down €378,078 (-28.0%), from €1.3m to €970,727
of which Furniture and vehicles: -€278,565
- Deferred charges and accrued income -€191,438
down €191,438 (-54.5%), from €351,549 to €160,111
Equity and liabilities
- Short-term financial debts -€973,643
down €973,643 (-52.9%), from €1.8m to €866,357
- Trade debts +€932,094
up €932,094 (+15.2%), from €6.1m to €7.1m
- Debts after one year +€604,037
up €604,037 (+284%), from €212,629 to €816,667
of which Financial debts: +€604,037
Income statement
- Financial income -€1.3m
down €1.3m (-99.9%), from €1.3m to €1,438
of which Non-recurring financial income: -€1.3m
- Turnover -€1.2m
down €1.2m (-1.6%), from €71.7m to €70.6m
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.
Result 2024
€47,084
Turnover
-€1.2m
Other operating income
+€339,795
Goods and materials
+€277,364
Services and other goods
-€203,624
Staff costs
-€2,818
Depreciation
+€50,733
Write-downs
+€343,774
Other operating charges
+€17,196
Other operating items
+€1.5m
Financial income
-€1.3m
Financial charges
-€1,814
Taxes
-€3,028
Deferred taxes and other
+€44,087
Result 2025
-€70,042
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€97,032
Investment
+€259,742
Financing
-€344,941
Cash 2024
€13,848
From operations (derived)
+€97,032
Net result for the year
-€70,042
Depreciation
+€122,171
Receivables after one year
+€30,000
Stocks and contracts
+€66,278
Receivables within one year
-€1.1m
Deferred charges and accrued income
+€191,438
Provisions
-€29,571
Trade debts
+€932,094
Tax, wage and social debts
+€14,600
Other debts
-€35,248
Accrued charges and deferred income
+€836
Investment (derived)
+€259,742
Investment in fixed assets (net)
+€259,742
Financing
-€344,941
Debts after one year
+€604,037
Current portion of long-term debt
+€24,665
Short-term financial debts
-€973,643
Cash 2025
€25,682
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,536,948 | €11,004,677 | +€467,729 | +4.4% |
| Fixed assets | 21/28 | €1,375,827 | €993,914 | -€381,913 | -27.8% |
| Intangible fixed assets | 21 | €13,012 | €9,177 | -€3,835 | -29.5% |
| Tangible fixed assets | 22/27 | €1,348,805 | €970,727 | -€378,078 | -28.0% |
| Land and buildings | 22 | €560,811 | €554,692 | -€6,119 | -1.1% |
| Plant, machinery and equipment | 23 | €483,789 | €390,394 | -€93,394 | -19.3% |
| Furniture and vehicles | 24 | €304,205 | €25,640 | -€278,565 | -91.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €14,010 | €14,010 | = | 0.0% |
| Other financial fixed assets | 284/8 | €14,010 | €14,010 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €14,010 | €14,010 | = | 0.0% |
| Current assets | 29/58 | €9,161,121 | €10,010,763 | +€849,642 | +9.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Other amounts receivable | 291 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Stocks and contracts in progress | 3 | €1,635,528 | €1,569,250 | -€66,278 | -4.1% |
| Stocks | 30/36 | €1,635,528 | €1,569,250 | -€66,278 | -4.1% |
| Raw materials and consumables | 30/31 | €3,878 | €3,448 | -€430 | -11.1% |
| Work in progress | 32 | €1,631,650 | €1,565,802 | -€65,848 | -4.0% |
| Amounts receivable within one year | 40/41 | €7,100,195 | €8,225,720 | +€1.1m | +15.9% |
| Trade receivables | 40 | €6,445,699 | €7,579,174 | +€1.1m | +17.6% |
| Other amounts receivable | 41 | €654,496 | €646,546 | -€7,950 | -1.2% |
| Cash at bank and in hand | 54/58 | €13,848 | €25,682 | +€11,833 | +85.4% |
| Deferred charges and accrued income | 490/1 | €351,549 | €160,111 | -€191,438 | -54.5% |
| Total equity and liabilities | 10/49 | €10,536,948 | €11,004,677 | +€467,729 | +4.4% |
| Equity | 10/15 | €1,830,776 | €1,760,734 | -€70,042 | -3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €414,615 | €414,615 | = | 0.0% |
| Reserves | 13 | €1,354,161 | €1,284,119 | -€70,042 | -5.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €430,646 | €341,933 | -€88,713 | -20.6% |
| Distributable reserves | 133 | €917,315 | €935,986 | +€18,671 | +2.0% |
| Provisions and deferred taxes | 16 | €44,359 | €14,788 | -€29,571 | -66.7% |
| Deferred taxes | 168 | €44,359 | €14,788 | -€29,571 | -66.7% |
| Amounts payable | 17/49 | €8,661,813 | €9,229,155 | +€567,342 | +6.5% |
| Amounts payable after more than one year | 17 | €212,629 | €816,667 | +€604,037 | +284% |
| Financial debts | 170/4 | €212,629 | €816,667 | +€604,037 | +284% |
| Leasing and similar obligations | 172 | €118,879 | €0 | -€118,879 | -100% |
| Credit institutions | 173 | €93,750 | €816,667 | +€722,917 | +771% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,441,997 | €8,404,466 | -€37,531 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €259,266 | €283,930 | +€24,665 | +9.5% |
| Financial debts | 43 | €1,840,000 | €866,357 | -€973,643 | -52.9% |
| Credit institutions | 430/8 | €1,840,000 | €866,357 | -€973,643 | -52.9% |
| Trade debts | 44 | €6,122,320 | €7,054,415 | +€932,094 | +15.2% |
| Suppliers | 440/4 | €6,122,320 | €7,054,415 | +€932,094 | +15.2% |
| Advances received on contracts in progress | 46 | €926 | €926 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €64,191 | €78,791 | +€14,600 | +22.7% |
| Taxes | 450/3 | €29,195 | €38,483 | +€9,288 | +31.8% |
| Remuneration and social security | 454/9 | €34,996 | €40,308 | +€5,312 | +15.2% |
| Other amounts payable | 47/48 | €155,294 | €120,046 | -€35,248 | -22.7% |
| Accrued charges and deferred income | 492/3 | €7,187 | €8,023 | +€836 | +11.6% |
| Operating income | 70/76A | €72,294,901 | €71,373,057 | -€921,844 | -1.3% |
| Turnover | 70 | €71,743,524 | €70,586,174 | -€1.2m | -1.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €24,150 | -€65,848 | -€89,998 | |
| Other operating income | 74 | €512,936 | €852,731 | +€339,795 | +66.2% |
| Non-recurring operating income | 76A | €14,291 | €0 | -€14,291 | -100% |
| Operating charges | 60/66A | €73,300,883 | €71,242,184 | -€2.1m | -2.8% |
| Goods for resale, raw materials and consumables | 60 | €68,665,257 | €68,387,892 | -€277,364 | -0.4% |
| Purchases | 600/8 | €68,657,728 | €68,387,462 | -€270,266 | -0.4% |
| Change in stocks: decrease (increase) | 609 | €7,529 | €430 | -€7,099 | -94.3% |
| Services and other goods | 61 | €1,914,871 | €2,118,495 | +€203,624 | +10.6% |
| Remuneration, social security and pensions | 62 | €252,469 | €255,286 | +€2,818 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,904 | €122,171 | -€50,733 | -29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €429,161 | €85,387 | -€343,774 | -80.1% |
| Other operating charges | 640/8 | €36,664 | €19,468 | -€17,196 | -46.9% |
| Non-recurring operating charges | 66A | €1,829,558 | €253,485 | -€1.6m | -86.1% |
| Operating profit (loss) | 9901 | -€1,005,981 | €130,874 | +€1.1m | |
| Financial income | 75/76B | €1,294,663 | €1,438 | -€1.3m | -99.9% |
| Recurring financial income | 75 | €15,599 | €1,438 | -€14,162 | -90.8% |
| Income from current assets | 751 | €284 | €0 | -€284 | -100% |
| Other financial income | 752/9 | €15,316 | €1,438 | -€13,878 | -90.6% |
| Non-recurring financial income | 76B | €1,279,064 | - | -€1.3m | |
| Financial charges | 65/66B | €213,212 | €215,026 | +€1,814 | +0.9% |
| Recurring financial charges | 65 | €213,212 | €215,026 | +€1,814 | +0.9% |
| Debt charges | 650 | €181,342 | €124,851 | -€56,491 | -31.2% |
| Other financial charges | 652/9 | €31,870 | €90,175 | +€58,305 | +183% |
| Profit (loss) for the period before taxes | 9903 | €75,470 | -€82,715 | -€158,184 | |
| Transfer from deferred taxes | 780 | €2,984 | €29,571 | +€26,587 | +891% |
| Transfer to deferred taxes | 680 | €17,500 | €0 | -€17,500 | -100% |
| Income taxes | 67/77 | €13,870 | €16,898 | +€3,028 | +21.8% |
| Taxes | 670/3 | €13,870 | €16,898 | +€3,028 | +21.8% |
| Profit (loss) for the period | 9904 | €47,084 | -€70,042 | -€117,126 | |
| Transfer from tax-exempt reserves | 789 | €8,953 | €88,713 | +€79,760 | +891% |
| Transfer to tax-exempt reserves | 689 | €52,500 | €0 | -€52,500 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €3,537 | €18,671 | +€15,134 | +428% |
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 14 October 2026 via checked.be.