LE VAPOTEUR: 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.
LE VAPOTEUR
Largest movements
- Cash -€14,179
down €14,179 (-8.7%), from €163,796 to €149,618
mainly Receivables within one year (-€10,730) and Net result for the year (-€8,926)
- Receivables within one year +€10,730
up €10,730 (+5.7%), from €188,521 to €199,251
of which Other amounts receivable: +€30,457
- Tangible fixed assets -€7,732
down €7,732 (-31.4%), from €24,648 to €16,916
of which Furniture and vehicles: -€8,913
- Profit (loss) carried forward -€8,926
down €8,926 (-2.9%), from €310,744 to €301,818
- Trade debts -€8,825
down €8,825 (-16.8%), from €52,430 to €43,605
- Turnover -€1.1m
no longer reported in 2024 (was €1.1m)
- Purchases and services -€764,296
no longer reported in 2024 (was €764,296)
- Gross operating margin -€57,945
down €57,945 (-16.0%), from €363,001 to €305,056
- Taxes -€25,244
down €25,244 (-62.9%), from €40,142 to €14,898
- Staff costs -€13,549
down €13,549 (-5.0%), from €269,706 to €256,158
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 | €405,379 | €390,426 | -€14,953 | -3.7% |
| Formation expenses | 20 | €0 | €0 | = | 0.0% |
| Fixed assets | 21/28 | €29,680 | €21,905 | -€7,775 | -26.2% |
| Intangible fixed assets | 21 | €87 | €43 | -€43 | -50.0% |
| Tangible fixed assets | 22/27 | €24,648 | €16,916 | -€7,732 | -31.4% |
| Plant, machinery and equipment | 23 | €5,085 | €6,266 | +€1,181 | +23.2% |
| Furniture and vehicles | 24 | €19,563 | €10,650 | -€8,913 | -45.6% |
| Financial fixed assets | 28 | €4,946 | €4,946 | = | 0.0% |
| Current assets | 29/58 | €375,699 | €368,521 | -€7,178 | -1.9% |
| Stocks and contracts in progress | 3 | €23,302 | €19,572 | -€3,729 | -16.0% |
| Stocks | 30/36 | €23,302 | €19,572 | -€3,729 | -16.0% |
| Amounts receivable within one year | 40/41 | €188,521 | €199,251 | +€10,730 | +5.7% |
| Trade receivables | 40 | €22,667 | €2,941 | -€19,727 | -87.0% |
| Other amounts receivable | 41 | €165,853 | €196,310 | +€30,457 | +18.4% |
| Cash at bank and in hand | 54/58 | €163,796 | €149,618 | -€14,179 | -8.7% |
| Deferred charges and accrued income | 490/1 | €80 | €80 | = | 0.0% |
| Total equity and liabilities | 10/49 | €405,379 | €390,426 | -€14,953 | -3.7% |
| Equity | 10/15 | €318,804 | €309,878 | -€8,926 | -2.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €310,744 | €301,818 | -€8,926 | -2.9% |
| Amounts payable | 17/49 | €86,575 | €80,548 | -€6,027 | -7.0% |
| Amounts payable within one year | 42/48 | €86,575 | €80,548 | -€6,027 | -7.0% |
| Trade debts | 44 | €52,430 | €43,605 | -€8,825 | -16.8% |
| Suppliers | 440/4 | €52,430 | €43,605 | -€8,825 | -16.8% |
| Taxes, remuneration and social security | 45 | €33,522 | €36,320 | +€2,798 | +8.3% |
| Taxes | 450/3 | €27,938 | €5,100 | -€22,838 | -81.7% |
| Remuneration and social security | 454/9 | €5,584 | €31,220 | +€25,636 | +459% |
| Other amounts payable | 47/48 | €623 | €623 | = | 0.0% |
| Turnover | 70 | €1,118,285 | - | -€1.1m | |
| Non-recurring operating income | 76A | €9,012 | - | -€9,012 | |
| Goods, raw materials, services and sundry goods | 60/61 | €764,296 | - | -€764,296 | |
| Remuneration, social security and pensions | 62 | €269,706 | €256,158 | -€13,549 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,988 | €9,159 | -€3,829 | -29.5% |
| Other operating charges | 640/8 | €9,106 | €3,916 | -€5,190 | -57.0% |
| Non-recurring operating charges | 66A | €861 | €27,957 | +€27,096 | +3,147% |
| Gross operating margin | 9900 | €363,001 | €305,056 | -€57,945 | -16.0% |
| Operating profit (loss) | 9901 | €70,339 | €7,866 | -€62,474 | -88.8% |
| Financial income | 75/76B | €3,141 | - | -€3,141 | |
| Recurring financial income | 75 | €3,141 | - | -€3,141 | |
| Financial charges | 65/66B | €2,074 | €1,894 | -€180 | -8.7% |
| Recurring financial charges | 65 | €2,074 | €1,894 | -€180 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €71,406 | €5,972 | -€65,434 | -91.6% |
| Income taxes | 67/77 | €40,142 | €14,898 | -€25,244 | -62.9% |
| Profit (loss) for the period | 9904 | €31,264 | -€8,926 | -€40,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,264 | -€8,926 | -€40,191 |
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 26 October 2026 via checked.be.