SG FOOD: what changed
SG FOOD
Largest movements
- Cash +€8,068
up €8,068 (+102%), from €7,889 to €15,957
mainly Net result for the year (+€5,903) and Receivables within one year (+€5,527)
- Receivables within one year -€5,527
down €5,527 (-69.7%), from €7,934 to €2,407
of which Trade receivables: -€5,712
- Tangible fixed assets +€2,180
up €2,180 (+26.8%), from €8,142 to €10,322
of which Plant, machinery and equipment: +€3,147
- Profit (loss) carried forward +€5,903
up €5,903, from -€1,738 to €4,165
- Trade debts -€1,021
down €1,021 (-41.0%), from €2,492 to €1,471
- Staff costs -€22,044
no longer reported in 2025 (was €22,044)
- Gross operating margin +€2,876
up €2,876 (+12.9%), from €22,339 to €25,215
- Taxes +€2,495
new in 2025: €2,495
- Other operating charges -€586
down €586 (-69.1%), from €849 to €263
- Financial charges -€358
down €358 (-70.2%), from €510 to €152
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,401 | €30,136 | +€4,735 | +18.6% |
| Fixed assets | 21/28 | €8,142 | €10,322 | +€2,180 | +26.8% |
| Tangible fixed assets | 22/27 | €8,142 | €10,322 | +€2,180 | +26.8% |
| Plant, machinery and equipment | 23 | €6,847 | €9,993 | +€3,147 | +46.0% |
| Furniture and vehicles | 24 | €1,295 | €328 | -€967 | -74.6% |
| Current assets | 29/58 | €17,259 | €19,815 | +€2,556 | +14.8% |
| Stocks and contracts in progress | 3 | €1,200 | €1,450 | +€250 | +20.8% |
| Stocks | 30/36 | €1,200 | €1,450 | +€250 | +20.8% |
| Amounts receivable within one year | 40/41 | €7,934 | €2,407 | -€5,527 | -69.7% |
| Trade receivables | 40 | €5,712 | - | -€5,712 | |
| Other amounts receivable | 41 | €2,222 | €2,407 | +€185 | +8.3% |
| Cash at bank and in hand | 54/58 | €7,889 | €15,957 | +€8,068 | +102% |
| Deferred charges and accrued income | 490/1 | €236 | - | -€236 | |
| Total equity and liabilities | 10/49 | €25,401 | €30,136 | +€4,735 | +18.6% |
| Equity | 10/15 | €14,300 | €20,204 | +€5,903 | +41.3% |
| Contributions | 10/11 | €16,039 | €16,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,738 | €4,165 | +€5,903 | |
| Amounts payable | 17/49 | €11,100 | €9,932 | -€1,168 | -10.5% |
| Amounts payable within one year | 42/48 | €6,454 | €5,432 | -€1,021 | -15.8% |
| Trade debts | 44 | €2,492 | €1,471 | -€1,021 | -41.0% |
| Suppliers | 440/4 | €2,492 | €1,471 | -€1,021 | -41.0% |
| Taxes, remuneration and social security | 45 | €3,962 | €3,962 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,962 | €3,962 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,647 | €4,500 | -€147 | -3.2% |
| Remuneration, social security and pensions | 62 | €22,044 | - | -€22,044 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,045 | €4,230 | +€185 | +4.6% |
| Other operating charges | 640/8 | €849 | €263 | -€586 | -69.1% |
| Non-recurring operating charges | 66A | €2,356 | €12,171 | +€9,815 | +417% |
| Gross operating margin | 9900 | €22,339 | €25,215 | +€2,876 | +12.9% |
| Operating profit (loss) | 9901 | -€6,956 | €8,551 | +€15,507 | |
| Financial charges | 65/66B | €510 | €152 | -€358 | -70.2% |
| Recurring financial charges | 65 | €510 | €152 | -€358 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,466 | €8,399 | +€15,864 | |
| Income taxes | 67/77 | - | €2,495 | +€2,495 | |
| Profit (loss) for the period | 9904 | -€7,466 | €5,903 | +€13,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,466 | €5,903 | +€13,369 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.