NUTMEG: 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
NUTMEG
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€444,322
2024 · €114,375+€329,946
Equity
€11.0m
2024 · €10.6m+€444,322
Cash
€9,156
2024 · €9,496-€340
Balance sheet total
€12.7m
2024 · €12.2m+€473,228
Largest movements
Assets
- Receivables within one year +€473,568
up €473,568 (+36.7%), from €1.3m to €1.8m
of which Other amounts receivable: +€382,819
Equity and liabilities
- Reserves +€444,322
up €444,322 (+4.4%), from €10.1m to €10.5m
of which Distributable reserves: +€444,322
Income statement
- Financial income +€382,888
up €382,888 (+22,940%), from €1,669 to €384,557
- Services and other goods +€79,790
up €79,790 (+10.8%), from €737,603 to €817,393
- Turnover -€29,058
down €29,058 (-3.1%), from €941,210 to €912,153
- Staff costs -€24,665
down €24,665 (-98.0%), from €25,175 to €510
- Taxes -€18,168
down €18,168 (-47.7%), from €38,125 to €19,957
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
€114,375
Turnover
-€29,058
Services and other goods
-€79,790
Staff costs
+€24,665
Other operating charges
-€35
Financial income
+€382,888
Financial charges
+€13,107
Taxes
+€18,168
Result 2025
€444,322
raises the resultlowers the result
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
+€39,660
Investment
€0
Financing
-€40,000
Cash 2024
€9,496
From operations (derived)
+€39,660
Net result for the year
+€444,322
Receivables within one year
-€473,568
Trade debts
+€83,579
Tax, wage and social debts
-€1,934
Accrued charges and deferred income
-€12,738
Financing
-€40,000
Current portion of long-term debt
-€40,000
Cash 2025
€9,156
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,192,228 | €12,665,456 | +€473,228 | +3.9% |
| Fixed assets | 21/28 | €10,892,694 | €10,892,694 | = | 0.0% |
| Financial fixed assets | 28 | €10,892,694 | €10,892,694 | = | 0.0% |
| Affiliated companies | 280/1 | €10,892,669 | €10,892,669 | = | 0.0% |
| Participating interests | 280 | €10,892,669 | €10,892,669 | = | 0.0% |
| Other financial fixed assets | 284/8 | €24 | €24 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €24 | €24 | = | 0.0% |
| Current assets | 29/58 | €1,299,534 | €1,772,762 | +€473,228 | +36.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,290,038 | €1,763,606 | +€473,568 | +36.7% |
| Trade receivables | 40 | €68,502 | €159,251 | +€90,749 | +132% |
| Other amounts receivable | 41 | €1,221,536 | €1,604,355 | +€382,819 | +31.3% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,496 | €9,156 | -€340 | -3.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12,192,228 | €12,665,456 | +€473,228 | +3.9% |
| Equity | 10/15 | €10,603,664 | €11,047,985 | +€444,322 | +4.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €10,103,664 | €10,547,985 | +€444,322 | +4.4% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €10,053,664 | €10,497,985 | +€444,322 | +4.4% |
| Amounts payable | 17/49 | €1,588,564 | €1,617,471 | +€28,906 | +1.8% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Other loans | 174 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,158,974 | €1,200,619 | +€41,645 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €130,000 | €90,000 | -€40,000 | -30.8% |
| Trade debts | 44 | €27,040 | €110,619 | +€83,579 | +309% |
| Suppliers | 440/4 | €27,040 | €110,619 | +€83,579 | +309% |
| Taxes, remuneration and social security | 45 | €1,934 | €0 | -€1,934 | -100% |
| Taxes | 450/3 | €1,925 | €0 | -€1,925 | -100% |
| Remuneration and social security | 454/9 | €10 | €0 | -€10 | -100% |
| Other amounts payable | 47/48 | €1,000,000 | €1,000,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €29,590 | €16,852 | -€12,738 | -43.0% |
| Operating income | 70/76A | €941,210 | €912,153 | -€29,058 | -3.1% |
| Turnover | 70 | €941,210 | €912,153 | -€29,058 | -3.1% |
| Operating charges | 60/66A | €763,996 | €819,155 | +€55,159 | +7.2% |
| Services and other goods | 61 | €737,603 | €817,393 | +€79,790 | +10.8% |
| Remuneration, social security and pensions | 62 | €25,175 | €510 | -€24,665 | -98.0% |
| Other operating charges | 640/8 | €1,218 | €1,253 | +€35 | +2.8% |
| Operating profit (loss) | 9901 | €177,214 | €92,997 | -€84,217 | -47.5% |
| Financial income | 75/76B | €1,669 | €384,557 | +€382,888 | +22,940% |
| Recurring financial income | 75 | €1,669 | €384,557 | +€382,888 | +22,940% |
| Income from financial fixed assets | 750 | €0 | €384,450 | +€384,450 | |
| Income from current assets | 751 | €1,264 | €107 | -€1,157 | -91.5% |
| Other financial income | 752/9 | €405 | €0 | -€405 | -100% |
| Financial charges | 65/66B | €26,383 | €13,276 | -€13,107 | -49.7% |
| Recurring financial charges | 65 | €26,383 | €13,276 | -€13,107 | -49.7% |
| Debt charges | 650 | €25,968 | €13,223 | -€12,746 | -49.1% |
| Other financial charges | 652/9 | €414 | €53 | -€361 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €152,501 | €464,279 | +€311,778 | +204% |
| Income taxes | 67/77 | €38,125 | €19,957 | -€18,168 | -47.7% |
| Taxes | 670/3 | €38,125 | €19,957 | -€18,168 | -47.7% |
| Profit (loss) for the period | 9904 | €114,375 | €444,322 | +€329,946 | +288% |
| Profit (loss) for the period to be appropriated | 9905 | €114,375 | €444,322 | +€329,946 | +288% |
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 18 October 2026 via checked.be.