SCHMETS DELICATESSES: 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
SCHMETS DELICATESSES
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€192,381
2024 · €145,613+€46,768
Equity
€896,946
2024 · €779,765+€117,181
Cash
€683,640
2024 · €581,764+€101,876
Balance sheet total
€1.9m
2024 · €1.8m+€62,480
Largest movements
Assets
- Receivables within one year -€123,838
down €123,838 (-14.4%), from €857,787 to €733,950
of which Trade receivables: -€125,353
- Cash +€101,876
up €101,876 (+17.5%), from €581,764 to €683,640
mainly Net result for the year (+€192,381) and Receivables within one year (+€123,838)
- Tangible fixed assets +€37,322
up €37,322 (+22.0%), from €169,359 to €206,681
of which Furniture and vehicles: +€27,143
- Deferred charges and accrued income +€27,992
up €27,992 (+98.5%), from €28,432 to €56,424
- Stocks and contracts +€19,128
up €19,128 (+12.7%), from €150,816 to €169,944
Equity and liabilities
- Reserves +€117,177
up €117,177 (+15.8%), from €742,134 to €859,311
of which Distributable reserves: +€119,570
- Debts after one year -€27,702
down €27,702 (-56.3%), from €49,189 to €21,487
Income statement
- Write-downs +€50,646
up €50,646, from -€1,348 to €49,298
- Staff costs +€13,395
up €13,395 (+3.4%), from €391,008 to €404,403
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.
Result 2024
€145,613
Gross operating margin
+€2,594
Staff costs
-€13,395
Depreciation
+€1,062
Write-downs
-€50,646
Other operating charges
+€2,871
Other operating items
+€96,575
Financial income
-€436
Financial charges
+€350
Taxes
+€7,791
Result 2025
€192,381
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€307,430
Investment
-€100,801
Financing
-€104,753
Cash 2024
€581,764
From operations (derived)
+€307,430
Net result for the year
+€192,381
Depreciation
+€63,479
Stocks and contracts
-€19,128
Receivables within one year
+€123,838
Deferred charges and accrued income
-€27,992
Provisions
-€798
Trade debts
-€17,765
Tax, wage and social debts
-€18,340
Other debts
+€10,503
Accrued charges and deferred income
+€1,251
Investment (derived)
-€100,801
Investment in fixed assets (net)
-€100,801
Financing
-€104,753
Debts after one year
-€27,702
Current portion of long-term debt
-€1,851
Contributions, distributions and other
-€75,200
Cash 2025
€683,640
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,788,293 | €1,850,773 | +€62,480 | +3.5% |
| Fixed assets | 21/28 | €169,494 | €206,816 | +€37,322 | +22.0% |
| Tangible fixed assets | 22/27 | €169,359 | €206,681 | +€37,322 | +22.0% |
| Land and buildings | 22 | €30,221 | €29,696 | -€525 | -1.7% |
| Plant, machinery and equipment | 23 | €8,611 | €20,159 | +€11,548 | +134% |
| Furniture and vehicles | 24 | €127,528 | €154,672 | +€27,143 | +21.3% |
| Other tangible fixed assets | 26 | €2,999 | €2,155 | -€844 | -28.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,618,799 | €1,643,957 | +€25,158 | +1.6% |
| Stocks and contracts in progress | 3 | €150,816 | €169,944 | +€19,128 | +12.7% |
| Stocks | 30/36 | €150,816 | €169,944 | +€19,128 | +12.7% |
| Amounts receivable within one year | 40/41 | €857,787 | €733,950 | -€123,838 | -14.4% |
| Trade receivables | 40 | €855,300 | €729,947 | -€125,353 | -14.7% |
| Other amounts receivable | 41 | €2,487 | €4,002 | +€1,515 | +60.9% |
| Cash at bank and in hand | 54/58 | €581,764 | €683,640 | +€101,876 | +17.5% |
| Deferred charges and accrued income | 490/1 | €28,432 | €56,424 | +€27,992 | +98.5% |
| Total equity and liabilities | 10/49 | €1,788,293 | €1,850,773 | +€62,480 | +3.5% |
| Equity | 10/15 | €779,765 | €896,946 | +€117,181 | +15.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €742,134 | €859,311 | +€117,177 | +15.8% |
| Tax-exempt reserves | 132 | €6,556 | €4,163 | -€2,393 | -36.5% |
| Distributable reserves | 133 | €735,578 | €855,148 | +€119,570 | +16.3% |
| Profit (loss) carried forward | 14 | €447 | €451 | +€4 | +0.8% |
| Provisions and deferred taxes | 16 | €2,185 | €1,388 | -€798 | -36.5% |
| Deferred taxes | 168 | €2,185 | €1,388 | -€798 | -36.5% |
| Amounts payable | 17/49 | €1,006,342 | €952,439 | -€53,903 | -5.4% |
| Amounts payable after more than one year | 17 | €49,189 | €21,487 | -€27,702 | -56.3% |
| Financial debts | 170/4 | €49,189 | €21,487 | -€27,702 | -56.3% |
| Amounts payable within one year | 42/48 | €951,627 | €924,174 | -€27,452 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €29,553 | €27,702 | -€1,851 | -6.3% |
| Trade debts | 44 | €744,131 | €726,366 | -€17,765 | -2.4% |
| Suppliers | 440/4 | €744,131 | €726,366 | -€17,765 | -2.4% |
| Taxes, remuneration and social security | 45 | €113,247 | €94,907 | -€18,340 | -16.2% |
| Taxes | 450/3 | €57,028 | €41,445 | -€15,583 | -27.3% |
| Remuneration and social security | 454/9 | €56,219 | €53,462 | -€2,757 | -4.9% |
| Other amounts payable | 47/48 | €64,697 | €75,200 | +€10,503 | +16.2% |
| Accrued charges and deferred income | 492/3 | €5,527 | €6,777 | +€1,251 | +22.6% |
| Remuneration, social security and pensions | 62 | €391,008 | €404,403 | +€13,395 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,541 | €63,479 | -€1,062 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,348 | €49,298 | +€50,646 | |
| Other operating charges | 640/8 | €11,340 | €8,469 | -€2,871 | -25.3% |
| Non-recurring operating charges | 66A | €96,575 | - | -€96,575 | |
| Gross operating margin | 9900 | €811,256 | €813,850 | +€2,594 | +0.3% |
| Operating profit (loss) | 9901 | €249,140 | €288,202 | +€39,062 | +15.7% |
| Financial income | 75/76B | €479 | €44 | -€436 | -90.9% |
| Recurring financial income | 75 | €479 | €44 | -€436 | -90.9% |
| Financial charges | 65/66B | €4,411 | €4,060 | -€350 | -7.9% |
| Recurring financial charges | 65 | €4,411 | €4,060 | -€350 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €245,208 | €284,185 | +€38,977 | +15.9% |
| Transfer from deferred taxes | 780 | €798 | €798 | -€0 | 0.0% |
| Income taxes | 67/77 | €100,393 | €92,602 | -€7,791 | -7.8% |
| Profit (loss) for the period | 9904 | €145,613 | €192,381 | +€46,768 | +32.1% |
| Transfer from tax-exempt reserves | 789 | €2,393 | €2,393 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,006 | €194,774 | +€46,768 | +31.6% |
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 30 October 2026 via checked.be.