Solid Food Europe: what changed
What changed
Solid Food Europe
NACE 82.920, Office administrative, office support and other business support activities
filed annual accounts (NBB)
Net result for the year
-€3,793
2025 · €43,657-€47,450
Equity
€632,511
2025 · €136,304+€496,207
Cash
€268,154
2025 · €148,159+€119,995
Balance sheet total
€1.1m
2025 · €1.8m-€634,070
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-69.7%), from €1.5m to €461,685
of which Other amounts receivable: -€985,373
- Receivables after one year +€215,366
new in 2026: €215,366
- Cash +€119,995
up €119,995 (+81.0%), from €148,159 to €268,154
mainly Receivables within one year (+€1.1m) and Contributions, distributions and other (+€500,000)
- Stocks and contracts +€112,069
up €112,069 (+215%), from €52,054 to €164,123
Equity and liabilities
- Short-term financial debts -€1.1m
down €1.1m (-71.0%), from €1.6m to €450,000
of which Other loans: -€800,000
- Contributions +€500,000
up €500,000 (+64.4%), from €776,480 to €1.3m
- Accrued charges and deferred income -€35,295
down €35,295 (-97.0%), from €36,381 to €1,086
Income statement
- Gross operating margin -€401,825
down €401,825 (-62.7%), from €640,633 to €238,808
- Staff costs -€251,282
down €251,282 (-72.5%), from €346,643 to €95,360
- Financial charges -€107,003
down €107,003 (-51.8%), from €206,476 to €99,473
- Depreciation -€12,894
down €12,894 (-58.0%), from €22,247 to €9,353
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€43,657
Gross operating margin
-€401,825
Staff costs
+€251,282
Depreciation
+€12,894
Other operating charges
+€766
Other operating items
-€10,591
Financial income
-€6,115
Financial charges
+€107,003
Taxes
-€865
Result 2026
-€3,793
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€719,995
Investment
€0
Financing
-€600,000
Cash 2025
€148,159
From operations (derived)
+€719,995
Net result for the year
-€3,793
Depreciation
+€9,353
Receivables after one year
-€215,366
Stocks and contracts
-€112,069
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€8,583
Trade debts
+€15,398
Tax, wage and social debts
-€10,380
Accrued charges and deferred income
-€35,295
Financing
-€600,000
Short-term financial debts
-€1.1m
Contributions, distributions and other
+€500,000
Cash 2026
€268,154
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,760,108 | €1,126,038 | -€634,070 | -36.0% |
| Fixed assets | 21/28 | €14,775 | €5,423 | -€9,353 | -63.3% |
| Intangible fixed assets | 21 | €11,962 | €4,507 | -€7,456 | -62.3% |
| Tangible fixed assets | 22/27 | €2,813 | €916 | -€1,897 | -67.4% |
| Plant, machinery and equipment | 23 | €1,358 | €630 | -€729 | -53.6% |
| Furniture and vehicles | 24 | €1,455 | €286 | -€1,169 | -80.3% |
| Current assets | 29/58 | €1,745,333 | €1,120,616 | -€624,718 | -35.8% |
| Amounts receivable after more than one year | 29 | - | €215,366 | +€215,366 | |
| Other amounts receivable | 291 | - | €215,366 | +€215,366 | |
| Stocks and contracts in progress | 3 | €52,054 | €164,123 | +€112,069 | +215% |
| Stocks | 30/36 | €52,054 | €164,123 | +€112,069 | +215% |
| Amounts receivable within one year | 40/41 | €1,525,250 | €461,685 | -€1.1m | -69.7% |
| Trade receivables | 40 | €404,553 | €326,361 | -€78,192 | -19.3% |
| Other amounts receivable | 41 | €1,120,697 | €135,324 | -€985,373 | -87.9% |
| Cash at bank and in hand | 54/58 | €148,159 | €268,154 | +€119,995 | +81.0% |
| Deferred charges and accrued income | 490/1 | €19,871 | €11,288 | -€8,583 | -43.2% |
| Total equity and liabilities | 10/49 | €1,760,108 | €1,126,038 | -€634,070 | -36.0% |
| Equity | 10/15 | €136,304 | €632,511 | +€496,207 | +364% |
| Contributions | 10/11 | €776,480 | €1,276,480 | +€500,000 | +64.4% |
| Reserves | 13 | €5,577 | €5,577 | = | 0.0% |
| Distributable reserves | 133 | €5,577 | €5,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€645,753 | -€649,546 | -€3,793 | -0.6% |
| Amounts payable | 17/49 | €1,623,804 | €493,527 | -€1.1m | -69.6% |
| Amounts payable within one year | 42/48 | €1,587,423 | €492,441 | -€1.1m | -69.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,550,000 | €450,000 | -€1.1m | -71.0% |
| Credit institutions | 430/8 | €750,000 | €450,000 | -€300,000 | -40.0% |
| Other loans | 439 | €800,000 | €0 | -€800,000 | -100% |
| Trade debts | 44 | €14,744 | €30,141 | +€15,398 | +104% |
| Suppliers | 440/4 | €14,744 | €30,141 | +€15,398 | +104% |
| Taxes, remuneration and social security | 45 | €22,680 | €12,300 | -€10,380 | -45.8% |
| Taxes | 450/3 | €440 | €5,643 | +€5,203 | +1,181% |
| Remuneration and social security | 454/9 | €22,239 | €6,657 | -€15,582 | -70.1% |
| Accrued charges and deferred income | 492/3 | €36,381 | €1,086 | -€35,295 | -97.0% |
| Remuneration, social security and pensions | 62 | €346,643 | €95,360 | -€251,282 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,247 | €9,353 | -€12,894 | -58.0% |
| Other operating charges | 640/8 | €2,835 | €2,069 | -€766 | -27.0% |
| Non-recurring operating charges | 66A | €24,891 | €35,481 | +€10,591 | +42.5% |
| Gross operating margin | 9900 | €640,633 | €238,808 | -€401,825 | -62.7% |
| Operating profit (loss) | 9901 | €244,017 | €96,545 | -€147,473 | -60.4% |
| Financial income | 75/76B | €6,115 | €0 | -€6,115 | -100% |
| Recurring financial income | 75 | €6,115 | €0 | -€6,115 | -100% |
| Financial charges | 65/66B | €206,476 | €99,473 | -€107,003 | -51.8% |
| Recurring financial charges | 65 | €206,476 | €99,473 | -€107,003 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €43,657 | -€2,928 | -€46,585 | |
| Income taxes | 67/77 | €0 | €865 | +€865 | |
| Profit (loss) for the period | 9904 | €43,657 | -€3,793 | -€47,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,657 | -€3,793 | -€47,450 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 July 2025 and 31 July 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.