QUALITY BEEF: 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.
QUALITY BEEF
Largest movements
- Receivables within one year +€4,509
up €4,509 (+97.7%), from €4,616 to €9,125
of which Trade receivables: +€4,500
- Tangible fixed assets -€4,340
down €4,340 (-3.8%), from €112,843 to €108,503
- Profit (loss) carried forward +€4,629
up €4,629 (+3.1%), from -€150,821 to -€146,192
- Short-term financial debts -€4,300
down €4,300 (-12.1%), from €35,500 to €31,200
- Gross operating margin -€1,739
down €1,739 (-9.8%), from €17,678 to €15,938
- Other operating charges -€1,471
no longer reported in 2025 (was €1,471)
- Financial income -€1,198
no longer reported in 2025 (was €1,198)
of which Financial income: -€1,198
- Depreciation +€457
up €457 (+6.3%), from €7,298 to €7,754
- Financial charges +€361
up €361 (+11.8%), from €3,070 to €3,431
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.
Derived cash bridge
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 | €118,674 | €119,592 | +€918 | +0.8% |
| Fixed assets | 21/28 | €113,343 | €109,003 | -€4,340 | -3.8% |
| Tangible fixed assets | 22/27 | €112,843 | €108,503 | -€4,340 | -3.8% |
| Land and buildings | 22 | €112,843 | €108,503 | -€4,340 | -3.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €5,331 | €10,589 | +€5,258 | +98.6% |
| Amounts receivable within one year | 40/41 | €4,616 | €9,125 | +€4,509 | +97.7% |
| Trade receivables | 40 | €4,500 | €9,000 | +€4,500 | +100% |
| Other amounts receivable | 41 | €116 | €125 | +€9 | +7.8% |
| Cash at bank and in hand | 54/58 | €677 | €1,464 | +€787 | +116% |
| Deferred charges and accrued income | 490/1 | €38 | - | -€38 | |
| Total equity and liabilities | 10/49 | €118,674 | €119,592 | +€918 | +0.8% |
| Equity | 10/15 | €61,152 | €65,781 | +€4,629 | +7.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €63,000 | €63,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63,000 | €63,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €63,000 | €63,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,821 | -€146,192 | +€4,629 | +3.1% |
| Amounts payable | 17/49 | €57,522 | €53,811 | -€3,710 | -6.5% |
| Amounts payable within one year | 42/48 | €57,522 | €53,811 | -€3,710 | -6.5% |
| Financial debts | 43 | €35,500 | €31,200 | -€4,300 | -12.1% |
| Credit institutions | 430/8 | €35,500 | €31,200 | -€4,300 | -12.1% |
| Trade debts | 44 | €959 | €850 | -€110 | -11.4% |
| Suppliers | 440/4 | €959 | €850 | -€110 | -11.4% |
| Taxes, remuneration and social security | 45 | €503 | €127 | -€376 | -74.7% |
| Taxes | 450/3 | €503 | €127 | -€376 | -74.7% |
| Other amounts payable | 47/48 | €20,559 | €21,634 | +€1,075 | +5.2% |
| Remuneration, social security and pensions | 62 | €105 | €125 | +€20 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,298 | €7,754 | +€457 | +6.3% |
| Other operating charges | 640/8 | €1,471 | - | -€1,471 | |
| Gross operating margin | 9900 | €17,678 | €15,938 | -€1,739 | -9.8% |
| Operating profit (loss) | 9901 | €8,804 | €8,059 | -€744 | -8.5% |
| Financial income | 75/76B | €1,198 | - | -€1,198 | |
| Recurring financial income | 75 | €1,198 | - | -€1,198 | |
| Non-recurring financial income | 76B | €1,198 | - | -€1,198 | |
| Financial charges | 65/66B | €3,070 | €3,431 | +€361 | +11.8% |
| Recurring financial charges | 65 | €3,070 | €3,431 | +€361 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €6,932 | €4,629 | -€2,303 | -33.2% |
| Profit (loss) for the period | 9904 | €6,932 | €4,629 | -€2,303 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,932 | €4,629 | -€2,303 | -33.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.