Stack Food: 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.
Stack Food
Largest movements
- Receivables within one year +€2.3m
up €2.3m (+1966.9%), from €114,503 to €2.4m
of which Other amounts receivable: +€2.2m
- Intangible fixed assets +€58,177
new in 2025: €58,177
- Cash +€27,217
up €27,217 (+52.9%), from €51,464 to €78,681
mainly Contributions, distributions and other (+€1.1m) and Debts after one year (+€762,317)
- Contributions +€1.1m
up €1.1m (+294.5%), from €373,500 to €1.5m
- Debts after one year +€762,317
up €762,317 (+1825.8%), from €41,752 to €804,069
- Short-term financial debts +€325,000
up €325,000 (+325.0%), from €100,000 to €425,000
- Other debts +€164,296
up €164,296 (+53.7%), from €306,138 to €470,433
- Profit (loss) carried forward -€124,839
down €124,839 (-22.9%), from -€544,840 to -€669,680
- Gross operating margin +€337,019
up €337,019 (+359.0%), from €93,872 to €430,891
- Staff costs +€269,505
up €269,505 (+130.0%), from €207,347 to €476,852
- Financial charges +€12,400
up €12,400 (+87.5%), from €14,177 to €26,577
- Depreciation +€11,430
up €11,430 (+31.5%), from €36,241 to €47,672
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,730 | €2,711,942 | +€2.4m | +658.1% |
| Fixed assets | 21/28 | €159,815 | €212,640 | +€52,825 | +33.1% |
| Intangible fixed assets | 21 | - | €58,177 | +€58,177 | |
| Tangible fixed assets | 22/27 | €157,953 | €152,601 | -€5,352 | -3.4% |
| Plant, machinery and equipment | 23 | €47,400 | €63,732 | +€16,333 | +34.5% |
| Furniture and vehicles | 24 | €12,390 | €15,042 | +€2,652 | +21.4% |
| Leasing and similar rights | 25 | €98,164 | €73,827 | -€24,337 | -24.8% |
| Financial fixed assets | 28 | €1,862 | €1,862 | = | 0.0% |
| Current assets | 29/58 | €197,915 | €2,499,302 | +€2.3m | +1162.8% |
| Stocks and contracts in progress | 3 | €20,753 | €29,024 | +€8,270 | +39.9% |
| Stocks | 30/36 | €20,753 | €29,024 | +€8,270 | +39.9% |
| Amounts receivable within one year | 40/41 | €114,503 | €2,366,707 | +€2.3m | +1966.9% |
| Trade receivables | 40 | €110,040 | €156,250 | +€46,210 | +42.0% |
| Other amounts receivable | 41 | €4,463 | €2,210,457 | +€2.2m | +49431.4% |
| Cash at bank and in hand | 54/58 | €51,464 | €78,681 | +€27,217 | +52.9% |
| Deferred charges and accrued income | 490/1 | €11,194 | €24,890 | +€13,696 | +122.3% |
| Total equity and liabilities | 10/49 | €357,730 | €2,711,942 | +€2.4m | +658.1% |
| Equity | 10/15 | -€171,340 | €803,820 | +€975,161 | |
| Contributions | 10/11 | €373,500 | €1,473,500 | +€1.1m | +294.5% |
| Profit (loss) carried forward | 14 | -€544,840 | -€669,680 | -€124,839 | -22.9% |
| Amounts payable | 17/49 | €529,071 | €1,908,121 | +€1.4m | +260.7% |
| Amounts payable after more than one year | 17 | €41,752 | €804,069 | +€762,317 | +1825.8% |
| Financial debts | 170/4 | €41,752 | €804,069 | +€762,317 | +1825.8% |
| Amounts payable within one year | 42/48 | €487,319 | €1,099,506 | +€612,188 | +125.6% |
| Current portion of amounts payable after more than one year | 42 | €20,140 | €19,485 | -€655 | -3.3% |
| Financial debts | 43 | €100,000 | €425,000 | +€325,000 | +325.0% |
| Credit institutions | 430/8 | €100,000 | €425,000 | +€325,000 | +325.0% |
| Trade debts | 44 | €28,933 | €111,475 | +€82,541 | +285.3% |
| Suppliers | 440/4 | €28,933 | €111,475 | +€82,541 | +285.3% |
| Taxes, remuneration and social security | 45 | €32,108 | €73,114 | +€41,006 | +127.7% |
| Taxes | 450/3 | €10,445 | €73,114 | +€62,669 | +600.0% |
| Remuneration and social security | 454/9 | €21,663 | - | -€21,663 | |
| Other amounts payable | 47/48 | €306,138 | €470,433 | +€164,296 | +53.7% |
| Accrued charges and deferred income | 492/3 | - | €4,546 | +€4,546 | |
| Non-recurring operating income | 76A | €444,114 | - | -€444,114 | |
| Remuneration, social security and pensions | 62 | €207,347 | €476,852 | +€269,505 | +130.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,241 | €47,672 | +€11,430 | +31.5% |
| Other operating charges | 640/8 | €3,502 | €4,751 | +€1,249 | +35.7% |
| Non-recurring operating charges | 66A | €1,820 | - | -€1,820 | |
| Gross operating margin | 9900 | €93,872 | €430,891 | +€337,019 | +359.0% |
| Operating profit (loss) | 9901 | -€155,039 | -€98,384 | +€56,655 | +36.5% |
| Financial income | 75/76B | €56 | €122 | +€66 | +116.4% |
| Recurring financial income | 75 | €56 | €122 | +€66 | +116.4% |
| Financial charges | 65/66B | €14,177 | €26,577 | +€12,400 | +87.5% |
| Recurring financial charges | 65 | €14,177 | €26,577 | +€12,400 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | -€169,160 | -€124,839 | +€44,320 | +26.2% |
| Profit (loss) for the period | 9904 | -€169,160 | -€124,839 | +€44,320 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,160 | -€124,839 | +€44,320 | +26.2% |
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 11 October 2026 via checked.be.