NUTRADIA: what changed
Two fiscal 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
NUTRADIA
NACE 10.890, Manufacture of food products
fiscal year 2024 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
-€5.4m
2024 · -€3.1m-€2.3m
Equity
€2.2m
2024 · €5.0m-€2.8m
Cash
€397,421
2024 · €675,857-€278,436
Balance sheet total
€30.8m
2024 · €34.2m-€3.4m
Largest movements
Assets
- Tangible fixed assets -€1.3m
down €1.3m (-5.7%), from €23.4m to €22.0m
of which Leasing and similar rights: -€1.1m
- Receivables within one year -€1.3m
down €1.3m (-26.1%), from €4.9m to €3.6m
of which Trade receivables: -€1.1m
- Stocks and contracts -€405,551
down €405,551 (-12.3%), from €3.3m to €2.9m
Equity and liabilities
- Profit (loss) carried forward -€5.4m
down €5.4m, from €1.6m to -€3.8m
- Investment grants +€2.6m
new in 2025: €2.6m
- Other debts +€1.6m
up €1.6m (+3088.8%), from €52,106 to €1.7m
- Debts after one year -€1.4m
down €1.4m (-7.5%), from €18.2m to €16.8m
- Current portion of long-term debt -€1.2m
down €1.2m (-45.9%), from €2.6m to €1.4m
Income statement
- Turnover +€8.6m
up €8.6m (+33.5%), from €25.6m to €34.1m
- Goods and materials +€4.9m
up €4.9m (+37.2%), from €13.2m to €18.1m
of which Purchases: +€5.7m
- Staff costs +€3.0m
up €3.0m (+73.0%), from €4.1m to €7.2m
- Depreciation +€1.9m
up €1.9m (+141.6%), from €1.3m to €3.2m
- Services and other goods +€1.4m
up €1.4m (+16.3%), from €8.6m to €9.9m
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
-€3.1m
Turnover
+€8.6m
Other operating income
-€140,521
Goods and materials
-€4.9m
Services and other goods
-€1.4m
Staff costs
-€3.0m
Depreciation
-€1.9m
Provisions
-€13,000
Other operating charges
-€7,555
Other operating items
+€821,287
Financial income
+€195,494
Financial charges
-€509,532
Taxes
+€1,774
Result 2025
-€5.4m
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,248,454 | €30,825,464 | -€3.4m | -10.0% |
| Fixed assets | 21/28 | €24,910,375 | €23,576,812 | -€1.3m | -5.4% |
| Tangible fixed assets | 22/27 | €23,380,375 | €22,046,812 | -€1.3m | -5.7% |
| Plant, machinery and equipment | 23 | €3,310,887 | €2,972,203 | -€338,684 | -10.2% |
| Furniture and vehicles | 24 | €136,332 | €143,968 | +€7,636 | +5.6% |
| Leasing and similar rights | 25 | €19,596,687 | €18,540,132 | -€1.1m | -5.4% |
| Other tangible fixed assets | 26 | €336,469 | €390,509 | +€54,041 | +16.1% |
| Financial fixed assets | 28 | €1,530,000 | €1,530,000 | = | 0.0% |
| Affiliated companies | 280/1 | €1,530,000 | €1,530,000 | = | 0.0% |
| Participating interests | 280 | €1,530,000 | €1,530,000 | = | 0.0% |
| Current assets | 29/58 | €9,338,079 | €7,248,653 | -€2.1m | -22.4% |
| Stocks and contracts in progress | 3 | €3,300,722 | €2,895,170 | -€405,551 | -12.3% |
| Stocks | 30/36 | €3,300,722 | €2,895,170 | -€405,551 | -12.3% |
| Raw materials and consumables | 30/31 | €3,132,283 | €521,979 | -€2.6m | -83.3% |
| Finished goods | 33 | €168,439 | - | -€168,439 | |
| Goods purchased for resale | 34 | - | €2,319,213 | +€2.3m | |
| Advance payments | 36 | - | €53,978 | +€53,978 | |
| Amounts receivable within one year | 40/41 | €4,921,814 | €3,639,530 | -€1.3m | -26.1% |
| Trade receivables | 40 | €3,070,323 | €1,994,906 | -€1.1m | -35.0% |
| Other amounts receivable | 41 | €1,851,491 | €1,644,624 | -€206,867 | -11.2% |
| Cash at bank and in hand | 54/58 | €675,857 | €397,421 | -€278,436 | -41.2% |
| Deferred charges and accrued income | 490/1 | €439,687 | €316,532 | -€123,155 | -28.0% |
| Total equity and liabilities | 10/49 | €34,248,454 | €30,825,464 | -€3.4m | -10.0% |
| Equity | 10/15 | €5,044,227 | €2,223,263 | -€2.8m | -55.9% |
| Contributions | 10/11 | €3,142,000 | €3,142,000 | = | 0.0% |
| Capital | 10 | €3,142,000 | €3,142,000 | = | 0.0% |
| Issued capital | 100 | €3,230,000 | €3,230,000 | = | 0.0% |
| Uncalled capital | 101 | €88,000 | €88,000 | = | 0.0% |
| Reserves | 13 | €323,000 | €323,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €323,000 | €323,000 | = | 0.0% |
| Legal reserve | 130 | €323,000 | €323,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,579,227 | -€3,836,500 | -€5.4m | |
| Investment grants | 15 | - | €2,594,763 | +€2.6m | |
| Provisions and deferred taxes | 16 | - | €290,000 | +€290,000 | |
| Provisions for liabilities and charges | 160/5 | - | €290,000 | +€290,000 | |
| Other liabilities and charges | 164/5 | - | €290,000 | +€290,000 | |
| Amounts payable | 17/49 | €29,204,228 | €28,312,201 | -€892,026 | -3.1% |
| Amounts payable after more than one year | 17 | €18,185,860 | €16,829,534 | -€1.4m | -7.5% |
| Financial debts | 170/4 | €18,185,860 | €16,829,534 | -€1.4m | -7.5% |
| Leasing and similar obligations | 172 | €12,598,752 | €12,262,008 | -€336,743 | -2.7% |
| Credit institutions | 173 | €1,187,334 | €902,604 | -€284,730 | -24.0% |
| Other loans | 174 | €4,399,774 | €3,664,922 | -€734,852 | -16.7% |
| Amounts payable within one year | 42/48 | €10,924,269 | €11,187,058 | +€262,789 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €2,560,551 | €1,386,359 | -€1.2m | -45.9% |
| Financial debts | 43 | €4,703,259 | €4,113,089 | -€590,170 | -12.5% |
| Credit institutions | 430/8 | €4,703,259 | €4,113,089 | -€590,170 | -12.5% |
| Trade debts | 44 | €2,926,509 | €3,299,349 | +€372,841 | +12.7% |
| Suppliers | 440/4 | €2,926,509 | €3,299,349 | +€372,841 | +12.7% |
| Advances received on contracts in progress | 46 | €14,976 | - | -€14,976 | |
| Taxes, remuneration and social security | 45 | €666,868 | €726,713 | +€59,845 | +9.0% |
| Taxes | 450/3 | €29,054 | €103,087 | +€74,033 | +254.8% |
| Remuneration and social security | 454/9 | €637,814 | €623,627 | -€14,187 | -2.2% |
| Other amounts payable | 47/48 | €52,106 | €1,661,547 | +€1.6m | +3088.8% |
| Accrued charges and deferred income | 492/3 | €94,099 | €295,610 | +€201,511 | +214.1% |
| Operating income | 70/76A | €26,049,186 | €34,469,380 | +€8.4m | +32.3% |
| Turnover | 70 | €25,564,119 | €34,123,639 | +€8.6m | +33.5% |
| Other operating income | 74 | €485,067 | €344,547 | -€140,521 | -29.0% |
| Non-recurring operating income | 76A | - | €1,195 | +€1,195 | |
| Operating charges | 60/66A | €28,014,553 | €38,396,295 | +€10.4m | +37.1% |
| Goods for resale, raw materials and consumables | 60 | €13,195,549 | €18,103,178 | +€4.9m | +37.2% |
| Purchases | 600/8 | €11,929,611 | €17,643,648 | +€5.7m | +47.9% |
| Change in stocks: decrease (increase) | 609 | €1,265,938 | €459,530 | -€806,408 | -63.7% |
| Services and other goods | 61 | €8,550,852 | €9,948,730 | +€1.4m | +16.3% |
| Remuneration, social security and pensions | 62 | €4,145,524 | €7,169,907 | +€3.0m | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307,208 | €3,158,597 | +€1.9m | +141.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,000 | - | +€13,000 | |
| Other operating charges | 640/8 | €7,430 | €14,985 | +€7,555 | +101.7% |
| Non-recurring operating charges | 66A | €820,990 | €898 | -€820,092 | -99.9% |
| Operating profit (loss) | 9901 | -€1,965,367 | -€3,926,916 | -€2.0m | -99.8% |
| Financial income | 75/76B | €18,947 | €214,441 | +€195,494 | +1031.8% |
| Recurring financial income | 75 | €18,947 | €214,441 | +€195,494 | +1031.8% |
| Income from financial fixed assets | 750 | €17,701 | €440 | -€17,261 | -97.5% |
| Income from current assets | 751 | - | €1,166 | +€1,166 | |
| Other financial income | 752/9 | €1,246 | €212,836 | +€211,589 | +16975.7% |
| Financial charges | 65/66B | €1,191,684 | €1,701,216 | +€509,532 | +42.8% |
| Recurring financial charges | 65 | €1,191,684 | €1,411,216 | +€219,532 | +18.4% |
| Debt charges | 650 | €1,174,969 | €1,394,566 | +€219,597 | +18.7% |
| Other financial charges | 652/9 | €16,715 | €16,650 | -€65 | -0.4% |
| Non-recurring financial charges | 66B | - | €290,000 | +€290,000 | |
| Profit (loss) for the period before taxes | 9903 | -€3,138,104 | -€5,413,690 | -€2.3m | -72.5% |
| Income taxes | 67/77 | €3,810 | €2,036 | -€1,774 | -46.6% |
| Taxes | 670/3 | €3,810 | €2,036 | -€1,774 | -46.6% |
| Profit (loss) for the period | 9904 | -€3,141,914 | -€5,415,727 | -€2.3m | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,141,914 | -€5,415,727 | -€2.3m | -72.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.