POULTRY-EXPRESS: 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.
POULTRY-EXPRESS
Largest movements
- Cash +€7,341
up €7,341 (+82.8%), from €8,870 to €16,210
mainly Net result for the year (+€10,400) and Depreciation (+€7,186)
- Tangible fixed assets -€7,186
down €7,186 (-16.6%), from €43,212 to €36,026
of which Land and buildings: -€5,570
- Stocks and contracts -€2,400
down €2,400 (-44.5%), from €5,390 to €2,990
- Receivables within one year -€841
no longer reported in 2025 (was €841)
- Debts after one year -€10,406
down €10,406 (-33.1%), from €31,406 to €21,000
- Reserves +€7,000
up €7,000 (+85.8%), from €8,160 to €15,160
of which Distributable reserves: +€7,000
- Current portion of long-term debt -€5,311
down €5,311 (-60.9%), from €8,717 to €3,406
- Profit (loss) carried forward +€3,400
up €3,400, from -€2,888 to €513
- Tax, wage and social debts +€2,123
up €2,123 (+235.9%), from €900 to €3,023
of which Remuneration and social security: +€1,700
- Gross operating margin +€8,512
up €8,512 (+66.4%), from €12,816 to €21,328
- Financial income -€411
down €411 (-89.8%), from €458 to €47
- Depreciation +€257
up €257 (+3.7%), from €6,929 to €7,186
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 | €58,740 | €55,919 | -€2,821 | -4.8% |
| Fixed assets | 21/28 | €43,347 | €36,161 | -€7,186 | -16.6% |
| Tangible fixed assets | 22/27 | €43,212 | €36,026 | -€7,186 | -16.6% |
| Land and buildings | 22 | €36,683 | €31,114 | -€5,570 | -15.2% |
| Plant, machinery and equipment | 23 | €3,626 | €2,820 | -€806 | -22.2% |
| Furniture and vehicles | 24 | €2,902 | €2,093 | -€809 | -27.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €15,393 | €19,758 | +€4,365 | +28.4% |
| Stocks and contracts in progress | 3 | €5,390 | €2,990 | -€2,400 | -44.5% |
| Stocks | 30/36 | €5,390 | €2,990 | -€2,400 | -44.5% |
| Amounts receivable within one year | 40/41 | €841 | - | -€841 | |
| Other amounts receivable | 41 | €841 | - | -€841 | |
| Cash at bank and in hand | 54/58 | €8,870 | €16,210 | +€7,341 | +82.8% |
| Deferred charges and accrued income | 490/1 | €292 | €557 | +€265 | +90.6% |
| Total equity and liabilities | 10/49 | €58,740 | €55,919 | -€2,821 | -4.8% |
| Equity | 10/15 | €11,472 | €21,873 | +€10,400 | +90.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,160 | €15,160 | +€7,000 | +85.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | -€2,888 | €513 | +€3,400 | |
| Amounts payable | 17/49 | €47,267 | €34,046 | -€13,221 | -28.0% |
| Amounts payable after more than one year | 17 | €31,406 | €21,000 | -€10,406 | -33.1% |
| Financial debts | 170/4 | €31,406 | €21,000 | -€10,406 | -33.1% |
| Amounts payable within one year | 42/48 | €15,861 | €13,046 | -€2,815 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €8,717 | €3,406 | -€5,311 | -60.9% |
| Trade debts | 44 | €6,161 | €6,497 | +€336 | +5.4% |
| Suppliers | 440/4 | €6,161 | €6,497 | +€336 | +5.4% |
| Taxes, remuneration and social security | 45 | €900 | €3,023 | +€2,123 | +235.9% |
| Taxes | 450/3 | €900 | €1,323 | +€423 | +47.0% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €83 | €120 | +€37 | +44.4% |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,929 | €7,186 | +€257 | +3.7% |
| Other operating charges | 640/8 | €3,322 | €3,217 | -€105 | -3.2% |
| Gross operating margin | 9900 | €12,816 | €21,328 | +€8,512 | +66.4% |
| Operating profit (loss) | 9901 | €2,566 | €10,925 | +€8,360 | +325.8% |
| Financial income | 75/76B | €458 | €47 | -€411 | -89.8% |
| Recurring financial income | 75 | €458 | €47 | -€411 | -89.8% |
| Financial charges | 65/66B | €783 | €572 | -€211 | -27.0% |
| Recurring financial charges | 65 | €783 | €572 | -€211 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €2,241 | €10,400 | +€8,159 | +364.2% |
| Profit (loss) for the period | 9904 | €2,241 | €10,400 | +€8,159 | +364.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,241 | €10,400 | +€8,159 | +364.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.