Nutritional: 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.
Nutritional
Largest movements
- Tangible fixed assets -€18,839
down €18,839 (-34.5%), from €54,551 to €35,712
of which Other tangible fixed assets: -€15,148
- Cash -€15,016
down €15,016 (-56.9%), from €26,382 to €11,366
mainly Investment in fixed assets (net) (-€19,777) and Net result for the year (-€18,864)
- Receivables within one year -€11,461
down €11,461 (-82.9%), from €13,833 to €2,372
of which Trade receivables: -€13,833
- Financial fixed assets +€9,684
up €9,684 (+17.1%), from €56,751 to €66,435
- Stocks and contracts +€2,254
up €2,254 (+26.0%), from €8,672 to €10,927
- Profit (loss) carried forward -€18,864
down €18,864 (-60.2%), from -€31,321 to -€50,185
- Current portion of long-term debt -€6,921
down €6,921 (-39.1%), from €17,696 to €10,775
- Trade debts -€4,466
down €4,466 (-72.3%), from €6,180 to €1,714
- Tax, wage and social debts -€2,672
down €2,672 (-23.0%), from €11,612 to €8,940
of which Taxes: -€5,553
- Gross operating margin -€15,834
down €15,834 (-31.0%), from €51,114 to €35,281
- Taxes +€14,464
new in 2025: €14,464
- Financial charges -€5,145
down €5,145 (-90.5%), from €5,687 to €542
- Depreciation -€2,152
down €2,152 (-6.9%), from €31,085 to €28,933
- Staff costs -€1,589
down €1,589 (-21.3%), from €7,469 to €5,880
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.
Cash bridge derived
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 | €160,191 | €127,152 | -€33,039 | -20.6% |
| Fixed assets | 21/28 | €111,303 | €102,147 | -€9,156 | -8.2% |
| Tangible fixed assets | 22/27 | €54,551 | €35,712 | -€18,839 | -34.5% |
| Land and buildings | 22 | €1,681 | €934 | -€747 | -44.5% |
| Plant, machinery and equipment | 23 | €6,031 | €9,465 | +€3,434 | +56.9% |
| Furniture and vehicles | 24 | €14,783 | €8,405 | -€6,378 | -43.1% |
| Other tangible fixed assets | 26 | €32,056 | €16,908 | -€15,148 | -47.3% |
| Financial fixed assets | 28 | €56,751 | €66,435 | +€9,684 | +17.1% |
| Current assets | 29/58 | €48,888 | €25,005 | -€23,883 | -48.9% |
| Stocks and contracts in progress | 3 | €8,672 | €10,927 | +€2,254 | +26.0% |
| Stocks | 30/36 | €8,672 | €10,927 | +€2,254 | +26.0% |
| Amounts receivable within one year | 40/41 | €13,833 | €2,372 | -€11,461 | -82.9% |
| Trade receivables | 40 | €13,833 | €0 | -€13,833 | -100.0% |
| Other amounts receivable | 41 | €0 | €2,372 | +€2,372 | |
| Cash at bank and in hand | 54/58 | €26,382 | €11,366 | -€15,016 | -56.9% |
| Deferred charges and accrued income | 490/1 | €0 | €340 | +€340 | |
| Total equity and liabilities | 10/49 | €160,191 | €127,152 | -€33,039 | -20.6% |
| Equity | 10/15 | €88,309 | €69,446 | -€18,864 | -21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €113,430 | €113,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €111,570 | €111,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,321 | -€50,185 | -€18,864 | -60.2% |
| Amounts payable | 17/49 | €71,881 | €57,707 | -€14,175 | -19.7% |
| Amounts payable after more than one year | 17 | €27,094 | €27,094 | = | 0.0% |
| Financial debts | 170/4 | €27,094 | €27,094 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,787 | €30,613 | -€14,175 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €17,696 | €10,775 | -€6,921 | -39.1% |
| Financial debts | 43 | €742 | €626 | -€116 | -15.6% |
| Credit institutions | 430/8 | €742 | €626 | -€116 | -15.6% |
| Trade debts | 44 | €6,180 | €1,714 | -€4,466 | -72.3% |
| Suppliers | 440/4 | €6,180 | €1,714 | -€4,466 | -72.3% |
| Advances received on contracts in progress | 46 | €8,557 | €8,557 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,612 | €8,940 | -€2,672 | -23.0% |
| Taxes | 450/3 | €10,889 | €5,336 | -€5,553 | -51.0% |
| Remuneration and social security | 454/9 | €722 | €3,604 | +€2,881 | +398.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,469 | €5,880 | -€1,589 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,085 | €28,933 | -€2,152 | -6.9% |
| Other operating charges | 640/8 | €3,737 | €4,372 | +€635 | +17.0% |
| Gross operating margin | 9900 | €51,114 | €35,281 | -€15,834 | -31.0% |
| Operating profit (loss) | 9901 | €8,823 | -€3,905 | -€12,728 | |
| Financial income | 75/76B | €28 | €48 | +€20 | +71.6% |
| Recurring financial income | 75 | €28 | €48 | +€20 | +71.6% |
| Financial charges | 65/66B | €5,687 | €542 | -€5,145 | -90.5% |
| Recurring financial charges | 65 | €5,687 | €542 | -€5,145 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €3,164 | -€4,400 | -€7,564 | |
| Income taxes | 67/77 | - | €14,464 | +€14,464 | |
| Profit (loss) for the period | 9904 | €3,164 | -€18,864 | -€22,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,164 | -€18,864 | -€22,028 |
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 11 October 2026 via checked.be.