SLAGERIJ BART: 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
SLAGERIJ BART
NACE 47.221, Retail sale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€548,646
2024 · €499,547+€49,099
Equity
€1.7m
2024 · €2.5m-€768,613
Cash
€1.1m
2024 · €1.2m-€79,567
Balance sheet total
€3.4m
2024 · €3.5m-€135,647
Largest movements
Assets
- Cash -€79,567
down €79,567 (-6.9%), from €1.2m to €1.1m
mainly Contributions, distributions and other (-€1.3m) and Trade debts (-€97,304)
Equity and liabilities
- Reserves -€768,613
down €768,613 (-30.9%), from €2.5m to €1.7m
- Other debts +€750,060
up €750,060 (+122%), from €613,627 to €1.4m
- Trade debts -€97,304
down €97,304 (-47.1%), from €206,500 to €109,196
Income statement
- Gross operating margin +€85,964
up €85,964 (+6.1%), from €1.4m to €1.5m
- Taxes +€27,092
up €27,092 (+11.3%), from €239,796 to €266,888
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
€499,547
Gross operating margin
+€85,964
Staff costs
-€14,729
Depreciation
-€1,008
Other operating charges
+€388
Other operating items
+€4,215
Financial income
+€3,614
Financial charges
-€2,252
Taxes
-€27,092
Result 2025
€548,646
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
+€1.3m
Investment
-€66,023
Financing
-€1.3m
Cash 2024
€1.2m
From operations (derived)
+€1.3m
Net result for the year
+€548,646
Depreciation
+€91,950
Smaller working-capital items
-€1,065
Receivables within one year
+€22,741
Deferred charges and accrued income
+€8,133
Trade debts
-€97,304
Tax, wage and social debts
-€19,446
Other debts
+€750,060
Investment (derived)
-€66,023
Investment in fixed assets (net)
-€66,023
Financing
-€1.3m
Contributions, distributions and other
-€1.3m
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,545,728 | €3,410,081 | -€135,647 | -3.8% |
| Fixed assets | 21/28 | €324,444 | €298,517 | -€25,927 | -8.0% |
| Tangible fixed assets | 22/27 | €324,216 | €298,289 | -€25,927 | -8.0% |
| Land and buildings | 22 | €1,263 | €1,088 | -€175 | -13.8% |
| Plant, machinery and equipment | 23 | €193,858 | €181,447 | -€12,411 | -6.4% |
| Furniture and vehicles | 24 | €129,094 | €115,753 | -€13,341 | -10.3% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €3,221,284 | €3,111,564 | -€109,720 | -3.4% |
| Stocks and contracts in progress | 3 | €14,354 | €15,075 | +€721 | +5.0% |
| Stocks | 30/36 | €14,354 | €15,075 | +€721 | +5.0% |
| Amounts receivable within one year | 40/41 | €30,058 | €7,316 | -€22,741 | -75.7% |
| Trade receivables | 40 | €10,240 | €7,297 | -€2,943 | -28.7% |
| Other amounts receivable | 41 | €19,817 | €19 | -€19,798 | -99.9% |
| Current investments | 50/53 | €1,999,145 | €1,999,145 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,154,636 | €1,075,069 | -€79,567 | -6.9% |
| Deferred charges and accrued income | 490/1 | €23,091 | €14,958 | -€8,133 | -35.2% |
| Total equity and liabilities | 10/49 | €3,545,728 | €3,410,081 | -€135,647 | -3.8% |
| Equity | 10/15 | €2,509,681 | €1,741,068 | -€768,613 | -30.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,491,081 | €1,722,468 | -€768,613 | -30.9% |
| Distributable reserves | 133 | €2,491,081 | €1,722,468 | -€768,613 | -30.9% |
| Amounts payable | 17/49 | €1,036,047 | €1,669,013 | +€632,966 | +61.1% |
| Amounts payable within one year | 42/48 | €1,013,212 | €1,646,522 | +€633,310 | +62.5% |
| Trade debts | 44 | €206,500 | €109,196 | -€97,304 | -47.1% |
| Suppliers | 440/4 | €206,500 | €109,196 | -€97,304 | -47.1% |
| Taxes, remuneration and social security | 45 | €193,086 | €173,640 | -€19,446 | -10.1% |
| Taxes | 450/3 | €57,776 | €113,277 | +€55,501 | +96.1% |
| Remuneration and social security | 454/9 | €135,310 | €60,363 | -€74,947 | -55.4% |
| Other amounts payable | 47/48 | €613,627 | €1,363,687 | +€750,060 | +122% |
| Accrued charges and deferred income | 492/3 | €22,834 | €22,490 | -€344 | -1.5% |
| Non-recurring operating income | 76A | €17,745 | €3,000 | -€14,745 | -83.1% |
| Remuneration, social security and pensions | 62 | €579,631 | €594,360 | +€14,729 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,943 | €91,950 | +€1,008 | +1.1% |
| Other operating charges | 640/8 | €1,925 | €1,537 | -€388 | -20.1% |
| Non-recurring operating charges | 66A | €4,215 | - | -€4,215 | |
| Gross operating margin | 9900 | €1,416,704 | €1,502,667 | +€85,964 | +6.1% |
| Operating profit (loss) | 9901 | €739,990 | €814,820 | +€74,829 | +10.1% |
| Financial income | 75/76B | €883 | €4,496 | +€3,614 | +409% |
| Recurring financial income | 75 | €883 | €4,496 | +€3,614 | +409% |
| Financial charges | 65/66B | €1,531 | €3,782 | +€2,252 | +147% |
| Recurring financial charges | 65 | €1,531 | €3,782 | +€2,252 | +147% |
| Profit (loss) for the period before taxes | 9903 | €739,342 | €815,534 | +€76,191 | +10.3% |
| Income taxes | 67/77 | €239,796 | €266,888 | +€27,092 | +11.3% |
| Profit (loss) for the period | 9904 | €499,547 | €548,646 | +€49,099 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €499,547 | €548,646 | +€49,099 | +9.8% |
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 18 October 2026 via checked.be.