AVEVE VEURNE: what changed
What changed
AVEVE VEURNE
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
filed annual accounts (NBB)
Net result for the year
€37,915
2024 · €32,054+€5,861
Equity
€1.2m
2024 · €1.2m+€37,915
Cash
€48,932
2024 · €216,635-€167,703
Balance sheet total
€3.9m
2024 · €4.2m-€272,835
Largest movements
Assets
- Cash -€167,703
down €167,703 (-77.4%), from €216,635 to €48,932
mainly Debts after one year (-€203,361) and Trade debts (-€124,474)
- Tangible fixed assets -€148,097
down €148,097 (-4.5%), from €3.3m to €3.2m
of which Land and buildings: -€102,785
- Stocks and contracts +€52,367
up €52,367 (+8.7%), from €602,117 to €654,484
Equity and liabilities
- Debts after one year -€203,361
down €203,361 (-9.4%), from €2.2m to €2.0m
- Trade debts -€124,474
down €124,474 (-24.3%), from €511,709 to €387,236
Income statement
- Gross operating margin -€51,747
down €51,747 (-9.0%), from €574,008 to €522,262
- Staff costs -€39,552
down €39,552 (-16.7%), from €236,438 to €196,886
- Financial charges -€11,820
down €11,820 (-11.5%), from €102,684 to €90,864
- Depreciation -€10,770
down €10,770 (-6.6%), from €162,193 to €151,423
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
€32,054
Gross operating margin
-€51,747
Staff costs
+€39,552
Depreciation
+€10,770
Other operating charges
-€504
Financial income
-€1,770
Financial charges
+€11,820
Taxes
-€2,261
Result 2025
€37,915
raises the resultlowers the result
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
+€33,161
Investment
-€3,326
Financing
-€197,539
Cash 2024
€216,635
From operations (derived)
+€33,161
Net result for the year
+€37,915
Depreciation
+€151,423
Stocks and contracts
-€52,367
Receivables within one year
+€9,620
Smaller working-capital items
-€514
Trade debts
-€124,474
Tax, wage and social debts
+€10,911
Advances received
-€5,288
Other debts
+€5,935
Investment (derived)
-€3,326
Investment in fixed assets (net)
-€3,326
Financing
-€197,539
Debts after one year
-€203,361
Current portion of long-term debt
+€5,822
Cash 2025
€48,932
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,171,790 | €3,898,955 | -€272,835 | -6.5% |
| Fixed assets | 21/28 | €3,327,138 | €3,179,041 | -€148,097 | -4.5% |
| Tangible fixed assets | 22/27 | €3,327,003 | €3,178,906 | -€148,097 | -4.5% |
| Land and buildings | 22 | €3,178,728 | €3,075,943 | -€102,785 | -3.2% |
| Plant, machinery and equipment | 23 | €115,613 | €82,178 | -€33,435 | -28.9% |
| Furniture and vehicles | 24 | €32,662 | €20,785 | -€11,877 | -36.4% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €844,652 | €719,914 | -€124,738 | -14.8% |
| Stocks and contracts in progress | 3 | €602,117 | €654,484 | +€52,367 | +8.7% |
| Stocks | 30/36 | €602,117 | €654,484 | +€52,367 | +8.7% |
| Amounts receivable within one year | 40/41 | €17,816 | €8,195 | -€9,620 | -54.0% |
| Trade receivables | 40 | €4,976 | €3,780 | -€1,196 | -24.0% |
| Other amounts receivable | 41 | €12,839 | €4,415 | -€8,425 | -65.6% |
| Cash at bank and in hand | 54/58 | €216,635 | €48,932 | -€167,703 | -77.4% |
| Deferred charges and accrued income | 490/1 | €8,084 | €8,303 | +€219 | +2.7% |
| Total equity and liabilities | 10/49 | €4,171,790 | €3,898,955 | -€272,835 | -6.5% |
| Equity | 10/15 | €1,176,792 | €1,214,707 | +€37,915 | +3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,156,500 | €1,194,500 | +€38,000 | +3.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €1,117,000 | €1,155,000 | +€38,000 | +3.4% |
| Profit (loss) carried forward | 14 | €292 | €207 | -€85 | -29.1% |
| Amounts payable | 17/49 | €2,994,998 | €2,684,248 | -€310,750 | -10.4% |
| Amounts payable after more than one year | 17 | €2,159,280 | €1,955,919 | -€203,361 | -9.4% |
| Financial debts | 170/4 | €2,159,280 | €1,955,919 | -€203,361 | -9.4% |
| Amounts payable within one year | 42/48 | €833,918 | €726,825 | -€107,093 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €197,539 | €203,361 | +€5,822 | +2.9% |
| Trade debts | 44 | €511,709 | €387,236 | -€124,474 | -24.3% |
| Suppliers | 440/4 | €511,709 | €387,236 | -€124,474 | -24.3% |
| Advances received on contracts in progress | 46 | €5,288 | €0 | -€5,288 | -100% |
| Taxes, remuneration and social security | 45 | €42,439 | €53,350 | +€10,911 | +25.7% |
| Taxes | 450/3 | €16,824 | €31,785 | +€14,961 | +88.9% |
| Remuneration and social security | 454/9 | €25,615 | €21,565 | -€4,050 | -15.8% |
| Other amounts payable | 47/48 | €76,943 | €82,878 | +€5,935 | +7.7% |
| Accrued charges and deferred income | 492/3 | €1,799 | €1,504 | -€296 | -16.4% |
| Remuneration, social security and pensions | 62 | €236,438 | €196,886 | -€39,552 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,193 | €151,423 | -€10,770 | -6.6% |
| Other operating charges | 640/8 | €33,908 | €34,412 | +€504 | +1.5% |
| Gross operating margin | 9900 | €574,008 | €522,262 | -€51,747 | -9.0% |
| Operating profit (loss) | 9901 | €141,469 | €139,541 | -€1,929 | -1.4% |
| Financial income | 75/76B | €8,681 | €6,911 | -€1,770 | -20.4% |
| Recurring financial income | 75 | €7,181 | €6,911 | -€270 | -3.8% |
| Non-recurring financial income | 76B | €1,500 | €0 | -€1,500 | -100% |
| Financial charges | 65/66B | €102,684 | €90,864 | -€11,820 | -11.5% |
| Recurring financial charges | 65 | €102,684 | €90,864 | -€11,820 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €47,466 | €55,588 | +€8,122 | +17.1% |
| Income taxes | 67/77 | €15,412 | €17,673 | +€2,261 | +14.7% |
| Profit (loss) for the period | 9904 | €32,054 | €37,915 | +€5,861 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,054 | €37,915 | +€5,861 | +18.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.