SDR Meat: 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.
SDR Meat
Largest movements
- Cash +€4,829
up €4,829 (+372.4%), from €1,297 to €6,126
mainly Depreciation (+€7,751) and Receivables within one year (+€4,079)
- Tangible fixed assets -€4,377
down €4,377 (-22.1%), from €19,805 to €15,428
of which Furniture and vehicles: -€5,531
- Receivables within one year -€4,079
down €4,079 (-90.2%), from €4,524 to €445
of which Trade receivables: -€4,079
- Stocks and contracts +€940
new in 2025: €940
- Other debts -€5,558
down €5,558 (-41.8%), from €13,309 to €7,750
- Reserves +€3,419
up €3,419 (+70.1%), from €4,877 to €8,296
- Tax, wage and social debts -€1,146
down €1,146 (-36.5%), from €3,142 to €1,995
- Trade debts +€624
up €624 (+43.2%), from €1,444 to €2,068
- Gross operating margin +€8,330
up €8,330 (+195.2%), from €4,268 to €12,599
- Taxes +€391
up €391 (+305.7%), from €128 to €519
- Other operating charges +€168
up €168 (+22.7%), from €740 to €907
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 | €25,771 | €23,110 | -€2,662 | -10.3% |
| Fixed assets | 21/28 | €19,805 | €15,428 | -€4,377 | -22.1% |
| Tangible fixed assets | 22/27 | €19,805 | €15,428 | -€4,377 | -22.1% |
| Plant, machinery and equipment | 23 | €5,099 | €6,253 | +€1,154 | +22.6% |
| Furniture and vehicles | 24 | €14,705 | €9,175 | -€5,531 | -37.6% |
| Current assets | 29/58 | €5,967 | €7,682 | +€1,715 | +28.7% |
| Stocks and contracts in progress | 3 | - | €940 | +€940 | |
| Stocks | 30/36 | - | €940 | +€940 | |
| Amounts receivable within one year | 40/41 | €4,524 | €445 | -€4,079 | -90.2% |
| Trade receivables | 40 | €4,079 | €0 | -€4,079 | -100.0% |
| Other amounts receivable | 41 | €445 | €445 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,297 | €6,126 | +€4,829 | +372.4% |
| Deferred charges and accrued income | 490/1 | €146 | €170 | +€24 | +16.8% |
| Total equity and liabilities | 10/49 | €25,771 | €23,110 | -€2,662 | -10.3% |
| Equity | 10/15 | €7,877 | €11,296 | +€3,419 | +43.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,877 | €8,296 | +€3,419 | +70.1% |
| Distributable reserves | 133 | €4,877 | €8,296 | +€3,419 | +70.1% |
| Amounts payable | 17/49 | €17,895 | €11,814 | -€6,081 | -34.0% |
| Amounts payable within one year | 42/48 | €17,895 | €11,814 | -€6,081 | -34.0% |
| Trade debts | 44 | €1,444 | €2,068 | +€624 | +43.2% |
| Suppliers | 440/4 | €1,444 | €2,068 | +€624 | +43.2% |
| Taxes, remuneration and social security | 45 | €3,142 | €1,995 | -€1,146 | -36.5% |
| Taxes | 450/3 | €3,142 | €1,995 | -€1,146 | -36.5% |
| Other amounts payable | 47/48 | €13,309 | €7,750 | -€5,558 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,845 | €7,751 | -€94 | -1.2% |
| Other operating charges | 640/8 | €740 | €907 | +€168 | +22.7% |
| Gross operating margin | 9900 | €4,268 | €12,599 | +€8,330 | +195.2% |
| Operating profit (loss) | 9901 | -€4,316 | €3,941 | +€8,256 | |
| Financial income | 75/76B | €0 | €84 | +€84 | |
| Recurring financial income | 75 | €0 | €84 | +€84 | |
| Financial charges | 65/66B | €78 | €86 | +€8 | +10.8% |
| Recurring financial charges | 65 | €78 | €86 | +€8 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,394 | €3,938 | +€8,332 | |
| Income taxes | 67/77 | €128 | €519 | +€391 | +305.7% |
| Profit (loss) for the period | 9904 | -€4,522 | €3,419 | +€7,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,522 | €3,419 | +€7,941 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.