Pack4Food: what changed
Pack4Food
Largest movements
- Receivables within one year -€220,327
down €220,327 (-15.2%), from €1.5m to €1.2m
of which Other amounts receivable: -€144,330
- Cash +€122,088
up €122,088 (+16.1%), from €756,533 to €878,621
mainly Receivables within one year (+€220,327) and Net result for the year (+€20,898)
- Accrued charges and deferred income -€58,606
down €58,606 (-7.7%), from €763,450 to €704,844
- Reserves +€54,021
up €54,021 (+17.2%), from €314,868 to €368,889
- Debts within one year -€51,303
down €51,303 (-7.0%), from €730,654 to €679,351
- Profit (loss) carried forward -€33,122
down €33,122 (-6.1%), from €544,413 to €511,291
- Gross operating margin +€41,688
up €41,688 (+9.9%), from €420,542 to €462,230
- Staff costs +€26,502
up €26,502 (+6.2%), from €424,103 to €450,605
- Financial charges -€8,274
down €8,274 (-12,759%), from -€65 to -€8,339
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,353,385 | €2,264,375 | -€89,010 | -3.8% |
| Current assets | 29/58 | €2,353,385 | €2,264,375 | -€89,010 | -3.8% |
| Amounts receivable within one year | 40/41 | €1,454,027 | €1,233,700 | -€220,327 | -15.2% |
| Trade receivables | 40 | €152,367 | €76,370 | -€75,997 | -49.9% |
| Other amounts receivable | 41 | €1,301,660 | €1,157,330 | -€144,330 | -11.1% |
| Current investments | 50/53 | €141,174 | €149,998 | +€8,824 | +6.3% |
| Cash at bank and in hand | 54/58 | €756,533 | €878,621 | +€122,088 | +16.1% |
| Deferred charges and accrued income | 490/1 | €1,652 | €2,056 | +€404 | +24.5% |
| Total equity and liabilities | 10/49 | €2,353,385 | €2,264,375 | -€89,010 | -3.8% |
| Equity | 10/15 | €859,282 | €880,180 | +€20,898 | +2.4% |
| Reserves | 13 | €314,868 | €368,889 | +€54,021 | +17.2% |
| Profit (loss) carried forward | 14 | €544,413 | €511,291 | -€33,122 | -6.1% |
| Amounts payable | 17/49 | €1,494,104 | €1,384,195 | -€109,909 | -7.4% |
| Amounts payable within one year | 42/48 | €730,654 | €679,351 | -€51,303 | -7.0% |
| Trade debts | 44 | €172,440 | €184,012 | +€11,572 | +6.7% |
| Suppliers | 440/4 | €172,440 | €184,012 | +€11,572 | +6.7% |
| Taxes, remuneration and social security | 45 | €87,968 | €75,205 | -€12,763 | -14.5% |
| Taxes | 450/3 | €5,853 | €7,919 | +€2,066 | +35.3% |
| Remuneration and social security | 454/9 | €82,115 | €67,286 | -€14,829 | -18.1% |
| Accrued charges and deferred income | 492/3 | €763,450 | €704,844 | -€58,606 | -7.7% |
| Remuneration, social security and pensions | 62 | €424,103 | €450,605 | +€26,502 | +6.2% |
| Other operating charges | 640/8 | €2,232 | €1,766 | -€466 | -20.9% |
| Gross operating margin | 9900 | €420,542 | €462,230 | +€41,688 | +9.9% |
| Operating profit (loss) | 9901 | -€5,794 | €9,859 | +€15,653 | |
| Financial income | 75/76B | €503 | €2,700 | +€2,197 | +437% |
| Recurring financial income | 75 | €503 | €2,700 | +€2,197 | +437% |
| Financial charges | 65/66B | -€65 | -€8,339 | -€8,274 | -12,759% |
| Recurring financial charges | 65 | -€65 | -€8,339 | -€8,274 | -12,759% |
| Profit (loss) for the period before taxes | 9903 | -€5,226 | €20,898 | +€26,124 | |
| Profit (loss) for the period | 9904 | -€5,226 | €20,898 | +€26,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,226 | €20,898 | +€26,124 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.