NS Food: 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.
NS Food
Largest movements
- Cash -€8,156
down €8,156 (-48.1%), from €16,969 to €8,813
mainly Investment in fixed assets (net) (-€10,417) and Debts after one year (-€8,318)
- Deferred charges and accrued income -€3,658
no longer reported in 2025 (was €3,658)
- Receivables within one year +€3,375
up €3,375 (+21.3%), from €15,817 to €19,192
of which Trade receivables: +€7,166
- Stocks and contracts +€3,123
up €3,123 (+14.8%), from €21,124 to €24,247
- Tangible fixed assets +€2,533
up €2,533 (+10.4%), from €24,271 to €26,803
of which Plant, machinery and equipment: +€5,750
- Debts after one year -€8,318
down €8,318 (-27.6%), from €30,109 to €21,791
- Trade debts +€3,463
up €3,463 (+16.7%), from €20,717 to €24,180
- Reserves +€860
up €860 (+27.7%), from €3,102 to €3,963
- Gross operating margin +€35,632
up €35,632 (+141%), from €25,263 to €60,896
- Staff costs +€27,293
up €27,293 (+168%), from €16,280 to €43,573
- Other operating charges +€5,660
up €5,660 (+1,068%), from €530 to €6,189
- Depreciation +€5,099
up €5,099 (+149%), from €3,423 to €8,522
- Financial charges +€987
up €987 (+80.7%), from €1,222 to €2,209
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 | €83,512 | €80,090 | -€3,422 | -4.1% |
| Formation expenses | 20 | €1,673 | €1,035 | -€638 | -38.1% |
| Fixed assets | 21/28 | €24,271 | €26,803 | +€2,533 | +10.4% |
| Tangible fixed assets | 22/27 | €24,271 | €26,803 | +€2,533 | +10.4% |
| Plant, machinery and equipment | 23 | €7,837 | €13,586 | +€5,750 | +73.4% |
| Furniture and vehicles | 24 | €731 | €454 | -€277 | -37.9% |
| Other tangible fixed assets | 26 | €15,703 | €12,764 | -€2,940 | -18.7% |
| Current assets | 29/58 | €57,568 | €52,252 | -€5,316 | -9.2% |
| Stocks and contracts in progress | 3 | €21,124 | €24,247 | +€3,123 | +14.8% |
| Stocks | 30/36 | €21,124 | €24,247 | +€3,123 | +14.8% |
| Amounts receivable within one year | 40/41 | €15,817 | €19,192 | +€3,375 | +21.3% |
| Trade receivables | 40 | €55 | €7,221 | +€7,166 | +13,024% |
| Other amounts receivable | 41 | €15,762 | €11,971 | -€3,791 | -24.1% |
| Cash at bank and in hand | 54/58 | €16,969 | €8,813 | -€8,156 | -48.1% |
| Deferred charges and accrued income | 490/1 | €3,658 | - | -€3,658 | |
| Total equity and liabilities | 10/49 | €83,512 | €80,090 | -€3,422 | -4.1% |
| Equity | 10/15 | €13,102 | €13,963 | +€860 | +6.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,102 | €3,963 | +€860 | +27.7% |
| Distributable reserves | 133 | €3,102 | €3,963 | +€860 | +27.7% |
| Amounts payable | 17/49 | €70,409 | €66,127 | -€4,282 | -6.1% |
| Amounts payable after more than one year | 17 | €30,109 | €21,791 | -€8,318 | -27.6% |
| Financial debts | 170/4 | €30,109 | €21,791 | -€8,318 | -27.6% |
| Amounts payable within one year | 42/48 | €40,300 | €44,337 | +€4,036 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €7,937 | €8,318 | +€382 | +4.8% |
| Trade debts | 44 | €20,717 | €24,180 | +€3,463 | +16.7% |
| Suppliers | 440/4 | €20,717 | €24,180 | +€3,463 | +16.7% |
| Taxes, remuneration and social security | 45 | €11,647 | €11,838 | +€192 | +1.6% |
| Taxes | 450/3 | €4,439 | €5,519 | +€1,080 | +24.3% |
| Remuneration and social security | 454/9 | €7,208 | €6,320 | -€888 | -12.3% |
| Remuneration, social security and pensions | 62 | €16,280 | €43,573 | +€27,293 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,423 | €8,522 | +€5,099 | +149% |
| Other operating charges | 640/8 | €530 | €6,189 | +€5,660 | +1,068% |
| Gross operating margin | 9900 | €25,263 | €60,896 | +€35,632 | +141% |
| Operating profit (loss) | 9901 | €5,031 | €2,611 | -€2,419 | -48.1% |
| Financial income | 75/76B | - | €647 | +€647 | |
| Recurring financial income | 75 | - | €647 | +€647 | |
| Financial charges | 65/66B | €1,222 | €2,209 | +€987 | +80.7% |
| Recurring financial charges | 65 | €1,222 | €2,209 | +€987 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €3,808 | €1,048 | -€2,760 | -72.5% |
| Income taxes | 67/77 | €706 | €188 | -€518 | -73.4% |
| Profit (loss) for the period | 9904 | €3,102 | €860 | -€2,242 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,102 | €860 | -€2,242 | -72.3% |
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.