P + M EIFELER FLEISCHVERTRIEB: 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
P + M EIFELER FLEISCHVERTRIEB
NACE 10.111, Manufacture of food products
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€659,729
31-12-2024 · €446,902+€212,827
Equity
€2.1m
31-12-2024 · €1.7m+€353,743
Cash
€183,421
31-12-2024 · €88,611+€94,810
Balance sheet total
€7.5m
31-12-2024 · €5.8m+€1.6m
Largest movements
Assets
- Receivables within one year +€947,086
up €947,086 (+23.7%), from €4.0m to €4.9m
of which Trade receivables: +€869,762
- Stocks and contracts +€583,176
up €583,176 (+84.6%), from €688,933 to €1.3m
- Cash +€94,810
up €94,810 (+107%), from €88,611 to €183,421
mainly Trade debts (+€1.3m) and Net result for the year (+€659,729)
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+55.2%), from €2.3m to €3.6m
- Profit (loss) carried forward +€359,729
up €359,729 (+23.7%), from €1.5m to €1.9m
- Debts after one year -€81,795
down €81,795 (-37.2%), from €219,637 to €137,842
Income statement
- Gross operating margin +€335,864
up €335,864 (+16.1%), from €2.1m to €2.4m
- Staff costs +€107,206
up €107,206 (+9.4%), from €1.1m to €1.3m
- Taxes +€53,578
up €53,578 (+68.2%), from €78,528 to €132,106
- Financial charges -€37,599
down €37,599 (-20.1%), from €187,201 to €149,602
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024
€446,902
Gross operating margin
+€335,864
Staff costs
-€107,206
Depreciation
+€19,954
Write-downs
-€6,626
Other operating charges
-€14,150
Other operating items
-€2,023
Financial income
+€2,993
Financial charges
+€37,599
Taxes
-€53,578
Result 31-12-2025
€659,729
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€690,060
Investment
-€228,045
Financing
-€367,206
Cash 31-12-2024
€88,611
From operations (derived)
+€690,060
Net result for the year
+€659,729
Depreciation
+€244,773
Stocks and contracts
-€583,176
Receivables within one year
-€947,086
Deferred charges and accrued income
-€5,965
Trade debts
+€1.3m
Tax, wage and social debts
-€60,232
Other debts
+€60,000
Accrued charges and deferred income
+€49,185
Investment (derived)
-€228,045
Investment in fixed assets (net)
-€228,045
Financing
-€367,206
Debts after one year
-€81,795
Current portion of long-term debt
-€46,869
Short-term financial debts
+€67,443
Contributions, distributions and other
-€305,986
Cash 31-12-2025
€183,421
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,849,101 | €7,463,409 | +€1.6m | +27.6% |
| Fixed assets | 21/28 | €1,043,652 | €1,026,923 | -€16,728 | -1.6% |
| Intangible fixed assets | 21 | €1,257 | €13,442 | +€12,184 | +969% |
| Tangible fixed assets | 22/27 | €997,196 | €969,516 | -€27,680 | -2.8% |
| Land and buildings | 22 | €588,062 | €505,242 | -€82,821 | -14.1% |
| Plant, machinery and equipment | 23 | €234,041 | €283,782 | +€49,742 | +21.3% |
| Furniture and vehicles | 24 | €123,586 | €165,492 | +€41,906 | +33.9% |
| Leasing and similar rights | 25 | €51,507 | €0 | -€51,507 | -100% |
| Assets under construction and advance payments | 27 | - | €15,000 | +€15,000 | |
| Financial fixed assets | 28 | €45,198 | €43,966 | -€1,232 | -2.7% |
| Current assets | 29/58 | €4,805,449 | €6,436,485 | +€1.6m | +33.9% |
| Stocks and contracts in progress | 3 | €688,933 | €1,272,109 | +€583,176 | +84.6% |
| Stocks | 30/36 | €688,933 | €1,272,109 | +€583,176 | +84.6% |
| Amounts receivable within one year | 40/41 | €3,999,688 | €4,946,774 | +€947,086 | +23.7% |
| Trade receivables | 40 | €3,504,901 | €4,374,663 | +€869,762 | +24.8% |
| Other amounts receivable | 41 | €494,787 | €572,111 | +€77,324 | +15.6% |
| Cash at bank and in hand | 54/58 | €88,611 | €183,421 | +€94,810 | +107% |
| Deferred charges and accrued income | 490/1 | €28,217 | €34,182 | +€5,965 | +21.1% |
| Total equity and liabilities | 10/49 | €5,849,101 | €7,463,409 | +€1.6m | +27.6% |
| Equity | 10/15 | €1,704,502 | €2,058,245 | +€353,743 | +20.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,516,322 | €1,876,051 | +€359,729 | +23.7% |
| Investment grants | 15 | €23,180 | €17,194 | -€5,986 | -25.8% |
| Amounts payable | 17/49 | €4,144,599 | €5,405,163 | +€1.3m | +30.4% |
| Amounts payable after more than one year | 17 | €219,637 | €137,842 | -€81,795 | -37.2% |
| Financial debts | 170/4 | €219,637 | €137,842 | -€81,795 | -37.2% |
| Amounts payable within one year | 42/48 | €3,924,549 | €5,217,724 | +€1.3m | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €128,663 | €81,795 | -€46,869 | -36.4% |
| Financial debts | 43 | €871,521 | €938,964 | +€67,443 | +7.7% |
| Credit institutions | 430/8 | €871,521 | €938,964 | +€67,443 | +7.7% |
| Trade debts | 44 | €2,307,759 | €3,580,591 | +€1.3m | +55.2% |
| Suppliers | 440/4 | €2,307,759 | €3,580,591 | +€1.3m | +55.2% |
| Taxes, remuneration and social security | 45 | €376,606 | €316,373 | -€60,232 | -16.0% |
| Taxes | 450/3 | €139,412 | €133,461 | -€5,951 | -4.3% |
| Remuneration and social security | 454/9 | €237,194 | €182,912 | -€54,282 | -22.9% |
| Other amounts payable | 47/48 | €240,000 | €300,000 | +€60,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €413 | €49,598 | +€49,185 | +11,912% |
| Non-recurring operating income | 76A | €1,075 | €74,959 | +€73,884 | +6,873% |
| Remuneration, social security and pensions | 62 | €1,146,327 | €1,253,533 | +€107,206 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,727 | €244,773 | -€19,954 | -7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,373 | €8,999 | +€6,626 | +279% |
| Other operating charges | 640/8 | €37,925 | €52,075 | +€14,150 | +37.3% |
| Non-recurring operating charges | 66A | - | €2,023 | +€2,023 | |
| Gross operating margin | 9900 | €2,081,960 | €2,417,824 | +€335,864 | +16.1% |
| Operating profit (loss) | 9901 | €630,607 | €856,421 | +€225,814 | +35.8% |
| Financial income | 75/76B | €82,024 | €85,016 | +€2,993 | +3.6% |
| Recurring financial income | 75 | €82,024 | €85,016 | +€2,993 | +3.6% |
| Financial charges | 65/66B | €187,201 | €149,602 | -€37,599 | -20.1% |
| Recurring financial charges | 65 | €187,201 | €149,602 | -€37,599 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €525,430 | €791,835 | +€266,405 | +50.7% |
| Income taxes | 67/77 | €78,528 | €132,106 | +€53,578 | +68.2% |
| Profit (loss) for the period | 9904 | €446,902 | €659,729 | +€212,827 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €446,902 | €659,729 | +€212,827 | +47.6% |
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 24 October 2026 via checked.be.