NICE2MEAT: 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.
NICE2MEAT
Largest movements
- Cash +€214,096
up €214,096 (+68.8%), from €311,037 to €525,133
mainly Net result for the year (+€233,513) and Depreciation (+€87,086)
- Tangible fixed assets -€35,378
down €35,378 (-5.6%), from €632,101 to €596,722
of which Land and buildings: -€29,554
- Intangible fixed assets -€25,247
down €25,247 (-33.6%), from €75,247 to €50,000
- Profit (loss) carried forward +€233,513
up €233,513 (+36.2%), from €645,470 to €878,983
- Current portion of long-term debt -€113,215
down €113,215 (-78.3%), from €144,583 to €31,368
- Debts after one year -€81,368
down €81,368 (-19.3%), from €420,896 to €339,527
- Other debts +€76,546
up €76,546 (+912%), from €8,393 to €84,939
- Trade debts +€64,232
up €64,232 (+230%), from €27,889 to €92,121
- Gross operating margin +€113,544
up €113,544 (+14.8%), from €765,720 to €879,264
- Staff costs +€10,253
up €10,253 (+2.6%), from €387,957 to €398,209
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 | €1,415,924 | €1,574,109 | +€158,184 | +11.2% |
| Fixed assets | 21/28 | €707,348 | €646,722 | -€60,625 | -8.6% |
| Intangible fixed assets | 21 | €75,247 | €50,000 | -€25,247 | -33.6% |
| Tangible fixed assets | 22/27 | €632,101 | €596,722 | -€35,378 | -5.6% |
| Land and buildings | 22 | €550,685 | €521,131 | -€29,554 | -5.4% |
| Plant, machinery and equipment | 23 | €69,335 | €65,060 | -€4,276 | -6.2% |
| Furniture and vehicles | 24 | €12,080 | €10,531 | -€1,549 | -12.8% |
| Current assets | 29/58 | €708,576 | €927,386 | +€218,810 | +30.9% |
| Amounts receivable after more than one year | 29 | €326,000 | €326,000 | = | 0.0% |
| Other amounts receivable | 291 | €326,000 | €326,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,443 | €22,913 | -€1,530 | -6.3% |
| Stocks | 30/36 | €24,443 | €22,913 | -€1,530 | -6.3% |
| Amounts receivable within one year | 40/41 | €14,209 | €6,695 | -€7,514 | -52.9% |
| Trade receivables | 40 | €9,807 | €5,558 | -€4,249 | -43.3% |
| Other amounts receivable | 41 | €4,401 | €1,137 | -€3,265 | -74.2% |
| Cash at bank and in hand | 54/58 | €311,037 | €525,133 | +€214,096 | +68.8% |
| Deferred charges and accrued income | 490/1 | €32,888 | €46,645 | +€13,758 | +41.8% |
| Total equity and liabilities | 10/49 | €1,415,924 | €1,574,109 | +€158,184 | +11.2% |
| Equity | 10/15 | €764,793 | €973,306 | +€208,513 | +27.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €94,322 | €69,322 | -€25,000 | -26.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €94,322 | €69,322 | -€25,000 | -26.5% |
| Profit (loss) carried forward | 14 | €645,470 | €878,983 | +€233,513 | +36.2% |
| Amounts payable | 17/49 | €651,131 | €600,803 | -€50,329 | -7.7% |
| Amounts payable after more than one year | 17 | €420,896 | €339,527 | -€81,368 | -19.3% |
| Financial debts | 170/4 | €420,896 | €339,527 | -€81,368 | -19.3% |
| Amounts payable within one year | 42/48 | €230,236 | €261,276 | +€31,040 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €144,583 | €31,368 | -€113,215 | -78.3% |
| Trade debts | 44 | €27,889 | €92,121 | +€64,232 | +230% |
| Suppliers | 440/4 | €27,889 | €92,121 | +€64,232 | +230% |
| Taxes, remuneration and social security | 45 | €49,371 | €52,848 | +€3,477 | +7.0% |
| Taxes | 450/3 | €7,152 | €6,879 | -€273 | -3.8% |
| Remuneration and social security | 454/9 | €42,219 | €45,969 | +€3,751 | +8.9% |
| Other amounts payable | 47/48 | €8,393 | €84,939 | +€76,546 | +912% |
| Remuneration, social security and pensions | 62 | €387,957 | €398,209 | +€10,253 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,246 | €87,086 | +€1,840 | +2.2% |
| Other operating charges | 640/8 | €7,021 | €5,708 | -€1,313 | -18.7% |
| Non-recurring operating charges | 66A | - | €87,428 | +€87,428 | |
| Gross operating margin | 9900 | €765,720 | €879,264 | +€113,544 | +14.8% |
| Operating profit (loss) | 9901 | €285,496 | €300,832 | +€15,336 | +5.4% |
| Financial income | 75/76B | €5,410 | €10,297 | +€4,887 | +90.3% |
| Recurring financial income | 75 | €5,410 | €8,294 | +€2,885 | +53.3% |
| Non-recurring financial income | 76B | €0 | €2,003 | +€2,003 | |
| Financial charges | 65/66B | €9,953 | €7,884 | -€2,069 | -20.8% |
| Recurring financial charges | 65 | €9,953 | €7,884 | -€2,069 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €280,952 | €303,246 | +€22,293 | +7.9% |
| Income taxes | 67/77 | €76,143 | €69,733 | -€6,410 | -8.4% |
| Profit (loss) for the period | 9904 | €204,810 | €233,513 | +€28,703 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €204,810 | €233,513 | +€28,703 | +14.0% |
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 15 October 2026 via checked.be.