A.VOGEL: what changed
What changed
A.VOGEL
NACE 46.450, Wholesale of perfume and cosmetics
filed annual accounts (NBB)
Net result for the year
€39,401
2024 · €194,865-€155,465
Equity
€767,810
2024 · €724,770+€43,039
Cash
€489,742
2024 · €474,310+€15,432
Balance sheet total
€1.4m
2024 · €1.4m-€486
Largest movements
Assets
- Tangible fixed assets -€18,649
down €18,649 (-41.8%), from €44,645 to €25,996
of which Land and buildings: -€13,115
- Cash +€15,432
up €15,432 (+3.3%), from €474,310 to €489,742
mainly Net result for the year (+€39,401) and Tax, wage and social debts (+€19,485)
Equity and liabilities
- Trade debts -€63,011
down €63,011 (-11.7%), from €537,281 to €474,270
- Profit (loss) carried forward +€43,039
up €43,039 (+11.0%), from €390,137 to €433,176
- Tax, wage and social debts +€19,485
up €19,485 (+15.7%), from €123,740 to €143,225
Income statement
- Goods and materials +€151,011
up €151,011 (+4.7%), from €3.2m to €3.4m
- Turnover +€99,620
up €99,620 (+1.6%), from €6.4m to €6.5m
- Staff costs +€79,714
up €79,714 (+7.6%), from €1.1m to €1.1m
- Services and other goods +€74,180
up €74,180 (+4.0%), from €1.8m to €1.9m
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
€194,865
Turnover
+€99,620
Other operating income
+€71
Goods and materials
-€151,011
Services and other goods
-€74,180
Staff costs
-€79,714
Depreciation
-€3,868
Other operating charges
-€170
Other operating items
-€11,060
Financial income
+€1,538
Financial charges
+€22,845
Taxes
+€40,463
Result 2025
€39,401
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,494
Investment
+€3,299
Financing
+€3,639
Cash 2024
€474,310
From operations (derived)
+€8,494
Net result for the year
+€39,401
Depreciation
+€15,350
Receivables within one year
-€1,781
Deferred charges and accrued income
-€950
Trade debts
-€63,011
Tax, wage and social debts
+€19,485
Investment (derived)
+€3,299
Investment in fixed assets (net)
+€3,299
Financing
+€3,639
Contributions, distributions and other
+€3,639
Cash 2025
€489,742
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,385,791 | €1,385,304 | -€486 | 0.0% |
| Fixed assets | 21/28 | €44,645 | €25,996 | -€18,649 | -41.8% |
| Tangible fixed assets | 22/27 | €44,645 | €25,996 | -€18,649 | -41.8% |
| Land and buildings | 22 | €16,243 | €3,127 | -€13,115 | -80.7% |
| Plant, machinery and equipment | 23 | €28,136 | €22,101 | -€6,035 | -21.4% |
| Furniture and vehicles | 24 | €266 | €768 | +€501 | +188% |
| Current assets | 29/58 | €1,341,146 | €1,359,309 | +€18,163 | +1.4% |
| Amounts receivable within one year | 40/41 | €857,426 | €859,207 | +€1,781 | +0.2% |
| Trade receivables | 40 | €781,173 | €681,558 | -€99,615 | -12.8% |
| Other amounts receivable | 41 | €76,253 | €177,649 | +€101,396 | +133% |
| Cash at bank and in hand | 54/58 | €474,310 | €489,742 | +€15,432 | +3.3% |
| Deferred charges and accrued income | 490/1 | €9,410 | €10,360 | +€950 | +10.1% |
| Total equity and liabilities | 10/49 | €1,385,791 | €1,385,304 | -€486 | 0.0% |
| Equity | 10/15 | €724,770 | €767,810 | +€43,039 | +5.9% |
| Contributions | 10/11 | €304,212 | €304,212 | = | 0.0% |
| Capital | 10 | €304,212 | €304,212 | = | 0.0% |
| Issued capital | 100 | €304,212 | €304,212 | = | 0.0% |
| Reserves | 13 | €30,421 | €30,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,421 | €30,421 | = | 0.0% |
| Legal reserve | 130 | €30,421 | €30,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €390,137 | €433,176 | +€43,039 | +11.0% |
| Amounts payable | 17/49 | €661,020 | €617,495 | -€43,526 | -6.6% |
| Amounts payable within one year | 42/48 | €661,020 | €617,495 | -€43,526 | -6.6% |
| Trade debts | 44 | €537,281 | €474,270 | -€63,011 | -11.7% |
| Suppliers | 440/4 | €537,281 | €474,270 | -€63,011 | -11.7% |
| Taxes, remuneration and social security | 45 | €123,740 | €143,225 | +€19,485 | +15.7% |
| Remuneration and social security | 454/9 | €123,740 | €143,225 | +€19,485 | +15.7% |
| Operating income | 70/76A | €6,421,788 | €6,521,480 | +€99,691 | +1.6% |
| Turnover | 70 | €6,419,740 | €6,519,359 | +€99,620 | +1.6% |
| Other operating income | 74 | €2,049 | €2,120 | +€71 | +3.5% |
| Operating charges | 60/66A | €6,122,043 | €6,442,045 | +€320,002 | +5.2% |
| Goods for resale, raw materials and consumables | 60 | €3,212,014 | €3,363,025 | +€151,011 | +4.7% |
| Purchases | 600/8 | €3,212,014 | €3,363,025 | +€151,011 | +4.7% |
| Services and other goods | 61 | €1,840,572 | €1,914,752 | +€74,180 | +4.0% |
| Remuneration, social security and pensions | 62 | €1,054,528 | €1,134,242 | +€79,714 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,481 | €15,350 | +€3,868 | +33.7% |
| Other operating charges | 640/8 | €3,447 | €3,617 | +€170 | +4.9% |
| Non-recurring operating charges | 66A | - | €11,060 | +€11,060 | |
| Operating profit (loss) | 9901 | €299,746 | €79,435 | -€220,311 | -73.5% |
| Financial income | 75/76B | - | €1,538 | +€1,538 | |
| Recurring financial income | 75 | - | €1,538 | +€1,538 | |
| Income from financial fixed assets | 750 | - | €1,538 | +€1,538 | |
| Financial charges | 65/66B | €23,909 | €1,065 | -€22,845 | -95.5% |
| Recurring financial charges | 65 | €23,909 | €1,065 | -€22,845 | -95.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €762 | - | -€762 | |
| Other financial charges | 652/9 | €23,148 | €1,065 | -€22,083 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | €275,836 | €79,908 | -€195,928 | -71.0% |
| Income taxes | 67/77 | €80,971 | €40,508 | -€40,463 | -50.0% |
| Taxes | 670/3 | €80,971 | €40,508 | -€40,463 | -50.0% |
| Profit (loss) for the period | 9904 | €194,865 | €39,401 | -€155,465 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €194,865 | €39,401 | -€155,465 | -79.8% |
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 6 November 2026 via checked.be.