TB 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.
TB Food
Largest movements
- Cash -€16,622
down €16,622 (-97.3%), from €17,086 to €464
mainly Net result for the year (-€110,062) and Debts after one year (-€17,892)
- Intangible fixed assets -€13,850
down €13,850 (-10.6%), from €130,360 to €116,510
- Stocks and contracts -€4,428
down €4,428 (-33.3%), from €13,296 to €8,868
- Receivables within one year -€2,933
down €2,933 (-11.5%), from €25,541 to €22,608
of which Trade receivables: -€1,526
- Profit (loss) carried forward -€110,062
down €110,062 (-196%), from -€56,073 to -€166,135
- Other debts +€36,617
up €36,617 (+66.5%), from €55,089 to €91,706
- Trade debts +€32,306
up €32,306 (+47.9%), from €67,444 to €99,750
- Debts after one year -€17,892
down €17,892 (-15.9%), from €112,306 to €94,414
- Tax, wage and social debts +€11,084
up €11,084 (+267%), from €4,159 to €15,243
of which Remuneration and social security: +€5,626
- Staff costs +€115,349
up €115,349 (+2,746%), from €4,200 to €119,549
- Gross operating margin +€83,147
up €83,147, from -€37,598 to €45,549
- Financial charges +€11,106
up €11,106 (+334%), from €3,329 to €14,436
- Depreciation +€10,322
up €10,322 (+97.3%), from €10,604 to €20,925
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,421 | €171,963 | -€39,459 | -18.7% |
| Fixed assets | 21/28 | €154,610 | €139,858 | -€14,752 | -9.5% |
| Intangible fixed assets | 21 | €130,360 | €116,510 | -€13,850 | -10.6% |
| Tangible fixed assets | 22/27 | €24,250 | €23,348 | -€902 | -3.7% |
| Plant, machinery and equipment | 23 | €10,682 | €2,098 | -€8,584 | -80.4% |
| Furniture and vehicles | 24 | - | €15,635 | +€15,635 | |
| Other tangible fixed assets | 26 | €13,568 | €5,616 | -€7,953 | -58.6% |
| Current assets | 29/58 | €56,811 | €32,105 | -€24,707 | -43.5% |
| Stocks and contracts in progress | 3 | €13,296 | €8,868 | -€4,428 | -33.3% |
| Stocks | 30/36 | €13,296 | €8,868 | -€4,428 | -33.3% |
| Amounts receivable within one year | 40/41 | €25,541 | €22,608 | -€2,933 | -11.5% |
| Trade receivables | 40 | €24,128 | €22,601 | -€1,526 | -6.3% |
| Other amounts receivable | 41 | €1,414 | €7 | -€1,407 | -99.5% |
| Cash at bank and in hand | 54/58 | €17,086 | €464 | -€16,622 | -97.3% |
| Deferred charges and accrued income | 490/1 | €888 | €165 | -€723 | -81.4% |
| Total equity and liabilities | 10/49 | €211,421 | €171,963 | -€39,459 | -18.7% |
| Equity | 10/15 | -€56,073 | -€166,135 | -€110,062 | -196% |
| Profit (loss) carried forward | 14 | -€56,073 | -€166,135 | -€110,062 | -196% |
| Amounts payable | 17/49 | €267,494 | €338,097 | +€70,603 | +26.4% |
| Amounts payable after more than one year | 17 | €112,306 | €94,414 | -€17,892 | -15.9% |
| Financial debts | 170/4 | €112,306 | €94,414 | -€17,892 | -15.9% |
| Amounts payable within one year | 42/48 | €149,983 | €231,140 | +€81,157 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €18,537 | €17,892 | -€646 | -3.5% |
| Financial debts | 43 | €2,335 | €6,550 | +€4,215 | +181% |
| Credit institutions | 430/8 | - | €6,550 | +€6,550 | |
| Other loans | 439 | €2,335 | - | -€2,335 | |
| Trade debts | 44 | €67,444 | €99,750 | +€32,306 | +47.9% |
| Suppliers | 440/4 | €67,444 | €99,750 | +€32,306 | +47.9% |
| Advances received on contracts in progress | 46 | €2,420 | - | -€2,420 | |
| Taxes, remuneration and social security | 45 | €4,159 | €15,243 | +€11,084 | +267% |
| Taxes | 450/3 | €37 | €5,495 | +€5,458 | +14,857% |
| Remuneration and social security | 454/9 | €4,122 | €9,748 | +€5,626 | +136% |
| Other amounts payable | 47/48 | €55,089 | €91,706 | +€36,617 | +66.5% |
| Accrued charges and deferred income | 492/3 | €5,205 | €12,543 | +€7,337 | +141% |
| Remuneration, social security and pensions | 62 | €4,200 | €119,549 | +€115,349 | +2,746% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,604 | €20,925 | +€10,322 | +97.3% |
| Other operating charges | 640/8 | €306 | €656 | +€350 | +114% |
| Gross operating margin | 9900 | -€37,598 | €45,549 | +€83,147 | |
| Operating profit (loss) | 9901 | -€52,707 | -€95,581 | -€42,874 | -81.3% |
| Financial income | 75/76B | - | €133 | +€133 | |
| Recurring financial income | 75 | - | €133 | +€133 | |
| Financial charges | 65/66B | €3,329 | €14,436 | +€11,106 | +334% |
| Recurring financial charges | 65 | €3,329 | €14,436 | +€11,106 | +334% |
| Profit (loss) for the period before taxes | 9903 | -€56,037 | -€109,884 | -€53,847 | -96.1% |
| Income taxes | 67/77 | €37 | €178 | +€141 | +384% |
| Profit (loss) for the period | 9904 | -€56,073 | -€110,062 | -€53,988 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,073 | -€110,062 | -€53,988 | -96.3% |
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 1 November 2026 via checked.be.