De Vosmet: 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.
De Vosmet
Largest movements
- Cash +€6,259
up €6,259 (+119%), from €5,269 to €11,528
mainly Depreciation (+€6,661) and Current portion of long-term debt (+€5,000)
- Receivables within one year +€6,223
up €6,223 (+68.2%), from €9,120 to €15,342
of which Other amounts receivable: +€7,330
- Intangible fixed assets -€4,600
down €4,600 (-12.4%), from €37,191 to €32,591
- Tangible fixed assets -€2,061
down €2,061 (-24.4%), from €8,457 to €6,396
of which Plant, machinery and equipment: -€1,553
- Debts after one year -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Current portion of long-term debt +€5,000
up €5,000 (+100%), from €5,000 to €10,000
- Trade debts +€3,367
up €3,367 (+38.0%), from €8,860 to €12,227
- Tax, wage and social debts -€2,365
down €2,365 (-8.2%), from €28,709 to €26,344
of which Remuneration and social security: -€5,251
- Profit (loss) carried forward +€2,135
up €2,135 (+8.4%), from €25,477 to €27,611
- Other operating charges +€8,867
up €8,867 (+1,783%), from €497 to €9,364
- Gross operating margin +€6,880
up €6,880 (+62.8%), from €10,959 to €17,839
- Taxes -€290
down €290 (-18.4%), from €1,571 to €1,282
- Financial income +€210
up €210 (+9.8%), from €2,150 to €2,360
- Depreciation +€201
up €201 (+3.1%), from €6,460 to €6,661
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,201 | €150,210 | +€5,009 | +3.4% |
| Fixed assets | 21/28 | €45,648 | €38,987 | -€6,661 | -14.6% |
| Intangible fixed assets | 21 | €37,191 | €32,591 | -€4,600 | -12.4% |
| Tangible fixed assets | 22/27 | €8,457 | €6,396 | -€2,061 | -24.4% |
| Plant, machinery and equipment | 23 | €7,484 | €5,932 | -€1,553 | -20.7% |
| Furniture and vehicles | 24 | €973 | €464 | -€509 | -52.3% |
| Current assets | 29/58 | €99,552 | €111,223 | +€11,670 | +11.7% |
| Amounts receivable after more than one year | 29 | €69,000 | €69,000 | = | 0.0% |
| Other amounts receivable | 291 | €69,000 | €69,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €15,815 | €14,976 | -€839 | -5.3% |
| Stocks | 30/36 | €15,815 | €14,976 | -€839 | -5.3% |
| Amounts receivable within one year | 40/41 | €9,120 | €15,342 | +€6,223 | +68.2% |
| Trade receivables | 40 | €2,520 | €1,413 | -€1,107 | -43.9% |
| Other amounts receivable | 41 | €6,599 | €13,929 | +€7,330 | +111% |
| Cash at bank and in hand | 54/58 | €5,269 | €11,528 | +€6,259 | +119% |
| Deferred charges and accrued income | 490/1 | €349 | €377 | +€28 | +8.0% |
| Total equity and liabilities | 10/49 | €145,201 | €150,210 | +€5,009 | +3.4% |
| Equity | 10/15 | €69,167 | €71,302 | +€2,135 | +3.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €3,690 | €3,690 | = | 0.0% |
| Distributable reserves | 133 | €3,690 | €3,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,477 | €27,611 | +€2,135 | +8.4% |
| Amounts payable | 17/49 | €76,034 | €78,908 | +€2,875 | +3.8% |
| Amounts payable after more than one year | 17 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Financial debts | 170/4 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Amounts payable within one year | 42/48 | €60,493 | €68,429 | +€7,937 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €10,000 | +€5,000 | +100% |
| Trade debts | 44 | €8,860 | €12,227 | +€3,367 | +38.0% |
| Suppliers | 440/4 | €8,860 | €12,227 | +€3,367 | +38.0% |
| Taxes, remuneration and social security | 45 | €28,709 | €26,344 | -€2,365 | -8.2% |
| Taxes | 450/3 | €23,458 | €26,344 | +€2,886 | +12.3% |
| Remuneration and social security | 454/9 | €5,251 | - | -€5,251 | |
| Other amounts payable | 47/48 | €17,923 | €19,858 | +€1,935 | +10.8% |
| Accrued charges and deferred income | 492/3 | €541 | €479 | -€62 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,460 | €6,661 | +€201 | +3.1% |
| Other operating charges | 640/8 | €497 | €9,364 | +€8,867 | +1,783% |
| Gross operating margin | 9900 | €10,959 | €17,839 | +€6,880 | +62.8% |
| Operating profit (loss) | 9901 | €4,002 | €1,814 | -€2,188 | -54.7% |
| Financial income | 75/76B | €2,150 | €2,360 | +€210 | +9.8% |
| Recurring financial income | 75 | €2,150 | €2,360 | +€210 | +9.8% |
| Financial charges | 65/66B | €891 | €758 | -€133 | -14.9% |
| Recurring financial charges | 65 | €891 | €758 | -€133 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €5,262 | €3,416 | -€1,846 | -35.1% |
| Income taxes | 67/77 | €1,571 | €1,282 | -€290 | -18.4% |
| Profit (loss) for the period | 9904 | €3,690 | €2,135 | -€1,556 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,690 | €2,135 | -€1,556 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.