A & A VOEDING: what changed
Two fiscal 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.
A & A VOEDING
Largest movements
- Financial fixed assets -€8,660
no longer reported in 2025 (was €8,660)
- Tangible fixed assets -€7,418
down €7,418 (-23.6%), from €31,416 to €23,998
- Receivables within one year +€7,014
up €7,014, from €0 to €7,014
of which Other amounts receivable: +€7,014
- Stocks and contracts +€2,769
up €2,769 (+7.1%), from €39,161 to €41,930
- Cash +€2,116
up €2,116 (+13.5%), from €15,629 to €17,745
mainly Investment in fixed assets (net) (+€8,660) and Trade debts (+€8,644)
- Trade debts +€8,644
up €8,644 (+78.1%), from €11,074 to €19,719
- Tax, wage and social debts -€7,029
down €7,029 (-78.4%), from €8,970 to €1,941
- Other debts +€6,862
new in 2025: €6,862
- Reserves -€5,464
down €5,464 (-17.3%), from €31,497 to €26,033
of which Distributable reserves: -€3,604
- Debts after one year -€5,433
down €5,433 (-27.4%), from €19,795 to €14,362
- Gross operating margin -€5,332
down €5,332 (-29.5%), from €18,060 to €12,728
- Depreciation +€1,743
up €1,743 (+30.7%), from €5,675 to €7,418
- Other operating charges -€771
down €771 (-10.6%), from €7,253 to €6,482
- Financial charges -€692
down €692 (-17.7%), from €3,911 to €3,219
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.
Cash bridge derived
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 | €96,065 | €93,433 | -€2,632 | -2.7% |
| Fixed assets | 21/28 | €40,076 | €23,998 | -€16,078 | -40.1% |
| Tangible fixed assets | 22/27 | €31,416 | €23,998 | -€7,418 | -23.6% |
| Furniture and vehicles | 24 | €31,416 | €23,998 | -€7,418 | -23.6% |
| Financial fixed assets | 28 | €8,660 | - | -€8,660 | |
| Current assets | 29/58 | €55,989 | €69,435 | +€13,446 | +24.0% |
| Stocks and contracts in progress | 3 | €39,161 | €41,930 | +€2,769 | +7.1% |
| Stocks | 30/36 | €39,161 | €41,930 | +€2,769 | +7.1% |
| Amounts receivable within one year | 40/41 | €0 | €7,014 | +€7,014 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €7,014 | +€7,014 | |
| Cash at bank and in hand | 54/58 | €15,629 | €17,745 | +€2,116 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,199 | €2,746 | +€1,547 | +129.1% |
| Total equity and liabilities | 10/49 | €96,065 | €93,433 | -€2,632 | -2.7% |
| Equity | 10/15 | €50,097 | €44,633 | -€5,464 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,497 | €26,033 | -€5,464 | -17.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €29,637 | €26,033 | -€3,604 | -12.2% |
| Amounts payable | 17/49 | €45,968 | €48,799 | +€2,831 | +6.2% |
| Amounts payable after more than one year | 17 | €19,795 | €14,362 | -€5,433 | -27.4% |
| Financial debts | 170/4 | €19,795 | €14,362 | -€5,433 | -27.4% |
| Amounts payable within one year | 42/48 | €26,174 | €34,438 | +€8,264 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €6,129 | €5,916 | -€213 | -3.5% |
| Trade debts | 44 | €11,074 | €19,719 | +€8,644 | +78.1% |
| Suppliers | 440/4 | €11,074 | €19,719 | +€8,644 | +78.1% |
| Taxes, remuneration and social security | 45 | €8,970 | €1,941 | -€7,029 | -78.4% |
| Taxes | 450/3 | €8,970 | €1,941 | -€7,029 | -78.4% |
| Other amounts payable | 47/48 | - | €6,862 | +€6,862 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,058 | - | -€3,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,675 | €7,418 | +€1,743 | +30.7% |
| Other operating charges | 640/8 | €7,253 | €6,482 | -€771 | -10.6% |
| Gross operating margin | 9900 | €18,060 | €12,728 | -€5,332 | -29.5% |
| Operating profit (loss) | 9901 | €5,131 | -€1,172 | -€6,304 | |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €3,911 | €3,219 | -€692 | -17.7% |
| Recurring financial charges | 65 | €3,911 | €3,219 | -€692 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €1,220 | -€4,354 | -€5,574 | |
| Income taxes | 67/77 | €1,256 | €1,109 | -€146 | -11.7% |
| Profit (loss) for the period | 9904 | -€36 | -€5,464 | -€5,428 | -15268.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36 | -€5,464 | -€5,428 | -15268.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.