Select Meat: 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.
Select Meat
Largest movements
- Receivables within one year +€25,575
up €25,575 (+19.6%), from €130,319 to €155,895
of which Trade receivables: +€32,249
- Cash +€3,873
up €3,873 (+1156.4%), from €335 to €4,208
mainly Trade debts (+€27,143) and Debts after one year (+€22,764)
- Tangible fixed assets -€3,565
down €3,565 (-22.8%), from €15,663 to €12,097
of which Furniture and vehicles: -€3,098
- Trade debts +€27,143
up €27,143 (+215.6%), from €12,587 to €39,730
- Debts after one year +€22,764
up €22,764 (+57.7%), from €39,433 to €62,196
- Short-term financial debts -€21,493
down €21,493 (-82.7%), from €25,975 to €4,482
- Tax, wage and social debts -€17,321
down €17,321 (-42.7%), from €40,606 to €23,286
of which Taxes: -€16,121
- Profit (loss) carried forward +€13,575
up €13,575 (+238.2%), from €5,698 to €19,273
- Gross operating margin -€29,712
down €29,712 (-45.6%), from €65,158 to €35,446
- Taxes +€4,064
up €4,064 (+330.4%), from €1,230 to €5,294
- Financial income -€2,659
down €2,659 (-72.3%), from €3,675 to €1,017
- Depreciation +€1,616
up €1,616 (+82.9%), from €1,950 to €3,565
- Financial charges -€1,513
down €1,513 (-11.4%), from €13,256 to €11,743
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 | €147,080 | €174,466 | +€27,387 | +18.6% |
| Fixed assets | 21/28 | €15,663 | €12,097 | -€3,565 | -22.8% |
| Tangible fixed assets | 22/27 | €15,663 | €12,097 | -€3,565 | -22.8% |
| Plant, machinery and equipment | 23 | €2,021 | €1,554 | -€467 | -23.1% |
| Furniture and vehicles | 24 | €13,641 | €10,543 | -€3,098 | -22.7% |
| Current assets | 29/58 | €131,417 | €162,369 | +€30,952 | +23.6% |
| Stocks and contracts in progress | 3 | €453 | €425 | -€28 | -6.1% |
| Stocks | 30/36 | €453 | €425 | -€28 | -6.1% |
| Amounts receivable within one year | 40/41 | €130,319 | €155,895 | +€25,575 | +19.6% |
| Trade receivables | 40 | €114,330 | €146,580 | +€32,249 | +28.2% |
| Other amounts receivable | 41 | €15,989 | €9,315 | -€6,674 | -41.7% |
| Cash at bank and in hand | 54/58 | €335 | €4,208 | +€3,873 | +1156.4% |
| Deferred charges and accrued income | 490/1 | €310 | €1,841 | +€1,531 | +494.0% |
| Total equity and liabilities | 10/49 | €147,080 | €174,466 | +€27,387 | +18.6% |
| Equity | 10/15 | €12,898 | €26,473 | +€13,575 | +105.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,698 | €19,273 | +€13,575 | +238.2% |
| Amounts payable | 17/49 | €134,182 | €147,994 | +€13,812 | +10.3% |
| Amounts payable after more than one year | 17 | €39,433 | €62,196 | +€22,764 | +57.7% |
| Financial debts | 170/4 | €39,433 | €62,196 | +€22,764 | +57.7% |
| Amounts payable within one year | 42/48 | €92,249 | €85,797 | -€6,452 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €13,081 | €17,383 | +€4,303 | +32.9% |
| Financial debts | 43 | €25,975 | €4,482 | -€21,493 | -82.7% |
| Credit institutions | 430/8 | €25,975 | €4,482 | -€21,493 | -82.7% |
| Trade debts | 44 | €12,587 | €39,730 | +€27,143 | +215.6% |
| Suppliers | 440/4 | €12,587 | €39,730 | +€27,143 | +215.6% |
| Advances received on contracts in progress | 46 | - | €917 | +€917 | |
| Taxes, remuneration and social security | 45 | €40,606 | €23,286 | -€17,321 | -42.7% |
| Taxes | 450/3 | €39,406 | €23,286 | -€16,121 | -40.9% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Non-recurring operating income | 76A | €839 | - | -€839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,950 | €3,565 | +€1,616 | +82.9% |
| Other operating charges | 640/8 | €3,052 | €2,285 | -€767 | -25.1% |
| Gross operating margin | 9900 | €65,158 | €35,446 | -€29,712 | -45.6% |
| Operating profit (loss) | 9901 | €60,156 | €29,595 | -€30,561 | -50.8% |
| Financial income | 75/76B | €3,675 | €1,017 | -€2,659 | -72.3% |
| Recurring financial income | 75 | €3,675 | €1,017 | -€2,659 | -72.3% |
| Financial charges | 65/66B | €13,256 | €11,743 | -€1,513 | -11.4% |
| Recurring financial charges | 65 | €13,256 | €11,743 | -€1,513 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €50,575 | €18,869 | -€31,706 | -62.7% |
| Income taxes | 67/77 | €1,230 | €5,294 | +€4,064 | +330.4% |
| Profit (loss) for the period | 9904 | €49,345 | €13,575 | -€35,770 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,345 | €13,575 | -€35,770 | -72.5% |
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 9 October 2026 via checked.be.