VALUE FOODS: what changed
What changed
VALUE FOODS
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
-€547,592
2024 · -€126,196-€421,396
Equity
-€381,575
2024 · €166,017-€547,592
Cash
-
not filed
Balance sheet total
€3.0m
2024 · €4.1m-€1.1m
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-89.3%), from €1.2m to €125,924
of which Trade receivables: -€1.0m
Equity and liabilities
- Other debts -€3.2m
down €3.2m (-99.1%), from €3.2m to €28,587
- Debts after one year +€3.0m
new in 2025: €3.0m
- Profit (loss) carried forward -€547,592
down €547,592 (-206%), from -€265,342 to -€812,934
- Tax, wage and social debts -€186,708
down €186,708 (-56.8%), from €328,944 to €142,236
of which Taxes: -€135,472
- Trade debts -€173,161
down €173,161 (-50.9%), from €339,870 to €166,709
Income statement
- Turnover -€1.5m
down €1.5m (-46.0%), from €3.3m to €1.8m
- Services and other goods -€844,720
down €844,720 (-39.1%), from €2.2m to €1.3m
- Staff costs -€327,945
down €327,945 (-26.5%), from €1.2m to €909,702
- Financial charges +€45,418
up €45,418 (+82.3%), from €55,201 to €100,619
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.
Result 2024
-€126,196
Turnover
-€1.5m
Other operating income
-€8,869
Goods and materials
-€9,523
Services and other goods
+€844,720
Staff costs
+€327,945
Depreciation
-€1,140
Write-downs
+€1,304
Other operating charges
+€279
Other operating items
+€5,265
Financial income
+€0
Financial charges
-€45,418
Taxes
-€30
Result 2025
-€547,592
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,070,546 | €2,960,760 | -€1.1m | -27.3% |
| Fixed assets | 21/28 | €2,481,161 | €2,445,050 | -€36,111 | -1.5% |
| Tangible fixed assets | 22/27 | €113,161 | €77,050 | -€36,111 | -31.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €102,483 | €68,151 | -€34,331 | -33.5% |
| Other tangible fixed assets | 26 | €10,678 | €8,898 | -€1,780 | -16.7% |
| Financial fixed assets | 28 | €2,368,000 | €2,368,000 | = | 0.0% |
| Affiliated companies | 280/1 | €2,368,000 | €2,368,000 | = | 0.0% |
| Participating interests | 280 | €2,368,000 | €2,368,000 | = | 0.0% |
| Current assets | 29/58 | €1,589,385 | €515,710 | -€1.1m | -67.6% |
| Stocks and contracts in progress | 3 | €397,053 | €389,045 | -€8,008 | -2.0% |
| Stocks | 30/36 | €397,053 | €389,045 | -€8,008 | -2.0% |
| Goods purchased for resale | 34 | €397,053 | €389,045 | -€8,008 | -2.0% |
| Amounts receivable within one year | 40/41 | €1,181,486 | €125,924 | -€1.1m | -89.3% |
| Trade receivables | 40 | €1,159,165 | €125,924 | -€1.0m | -89.1% |
| Other amounts receivable | 41 | €22,321 | €0 | -€22,321 | -100% |
| Deferred charges and accrued income | 490/1 | €10,846 | €742 | -€10,104 | -93.2% |
| Total equity and liabilities | 10/49 | €4,070,546 | €2,960,760 | -€1.1m | -27.3% |
| Equity | 10/15 | €166,017 | -€381,575 | -€547,592 | |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Capital | 10 | €71,000 | €71,000 | = | 0.0% |
| Issued capital | 100 | €71,000 | €71,000 | = | 0.0% |
| Reserves | 13 | €360,359 | €360,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €316,100 | €316,100 | = | 0.0% |
| Legal reserve | 130 | €316,100 | €316,100 | = | 0.0% |
| Distributable reserves | 133 | €44,259 | €44,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265,342 | -€812,934 | -€547,592 | -206% |
| Amounts payable | 17/49 | €3,904,529 | €3,342,335 | -€562,194 | -14.4% |
| Amounts payable after more than one year | 17 | - | €3,000,000 | +€3.0m | |
| Financial debts | 170/4 | - | €3,000,000 | +€3.0m | |
| Other loans | 174 | - | €3,000,000 | +€3.0m | |
| Amounts payable within one year | 42/48 | €3,903,978 | €337,532 | -€3.6m | -91.4% |
| Trade debts | 44 | €339,870 | €166,709 | -€173,161 | -50.9% |
| Suppliers | 440/4 | €339,870 | €166,709 | -€173,161 | -50.9% |
| Taxes, remuneration and social security | 45 | €328,944 | €142,236 | -€186,708 | -56.8% |
| Taxes | 450/3 | €169,210 | €33,738 | -€135,472 | -80.1% |
| Remuneration and social security | 454/9 | €159,734 | €108,498 | -€51,236 | -32.1% |
| Other amounts payable | 47/48 | €3,235,164 | €28,587 | -€3.2m | -99.1% |
| Accrued charges and deferred income | 492/3 | €551 | €4,803 | +€4,252 | +772% |
| Operating income | 70/76A | €3,371,081 | €1,831,549 | -€1.5m | -45.7% |
| Turnover | 70 | €3,336,000 | €1,800,072 | -€1.5m | -46.0% |
| Other operating income | 74 | €35,082 | €26,212 | -€8,869 | -25.3% |
| Non-recurring operating income | 76A | - | €5,265 | +€5,265 | |
| Operating charges | 60/66A | €3,439,551 | €2,275,966 | -€1.2m | -33.8% |
| Goods for resale, raw materials and consumables | 60 | -€20,257 | -€10,735 | +€9,523 | +47.0% |
| Purchases | 600/8 | €2,880 | - | -€2,880 | |
| Change in stocks: decrease (increase) | 609 | -€23,137 | -€10,735 | +€12,403 | +53.6% |
| Services and other goods | 61 | €2,162,149 | €1,317,430 | -€844,720 | -39.1% |
| Remuneration, social security and pensions | 62 | €1,237,648 | €909,702 | -€327,945 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,970 | €36,111 | +€1,140 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,047 | €18,742 | -€1,304 | -6.5% |
| Other operating charges | 640/8 | €4,994 | €4,715 | -€279 | -5.6% |
| Operating profit (loss) | 9901 | -€68,470 | -€444,417 | -€375,947 | -549% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €55,201 | €100,619 | +€45,418 | +82.3% |
| Recurring financial charges | 65 | €55,201 | €100,619 | +€45,418 | +82.3% |
| Debt charges | 650 | €55,148 | €100,565 | +€45,417 | +82.4% |
| Other financial charges | 652/9 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€123,670 | -€545,036 | -€421,366 | -341% |
| Income taxes | 67/77 | €2,526 | €2,556 | +€30 | +1.2% |
| Taxes | 670/3 | €2,526 | €2,556 | +€30 | +1.2% |
| Profit (loss) for the period | 9904 | -€126,196 | -€547,592 | -€421,396 | -334% |
| Profit (loss) for the period to be appropriated | 9905 | -€126,196 | -€547,592 | -€421,396 | -334% |
Next steps
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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 2 November 2026 via checked.be.