Les Vatelottes: 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.
Les Vatelottes
Largest movements
- Cash -€8,468
down €8,468 (-24.8%), from €34,094 to €25,627
mainly Other debts (-€13,567) and Debts after one year (-€4,067)
- Tangible fixed assets -€2,047
down €2,047 (-14.6%), from €14,026 to €11,979
of which Plant, machinery and equipment: -€1,747
- Deferred charges and accrued income +€1,160
new in 2025: €1,160
- Receivables within one year -€900
down €900 (-58.6%), from €1,537 to €636
of which Trade receivables: -€1,095
- Other debts -€13,567
no longer reported in 2025 (was €13,567)
- Profit (loss) carried forward +€7,839
up €7,839 (+218%), from €3,598 to €11,436
- Debts after one year -€4,067
down €4,067 (-37.4%), from €10,887 to €6,820
- Trade debts -€2,115
down €2,115 (-77.3%), from €2,737 to €622
- Tax, wage and social debts +€1,106
up €1,106 (+14.0%), from €7,912 to €9,017
of which Taxes: +€1,046
- Turnover +€27,076
up €27,076 (+22.2%), from €122,231 to €149,307
- Gross operating margin +€25,596
up €25,596 (+58.6%), from €43,702 to €69,298
- Staff costs +€12,502
up €12,502 (+35.0%), from €35,739 to €48,240
- Taxes +€3,477
up €3,477 (+345%), from €1,007 to €4,484
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.
Derived cash bridge
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 | €50,141 | €39,512 | -€10,629 | -21.2% |
| Formation expenses | 20 | €483 | €110 | -€373 | -77.2% |
| Fixed assets | 21/28 | €14,026 | €11,979 | -€2,047 | -14.6% |
| Tangible fixed assets | 22/27 | €14,026 | €11,979 | -€2,047 | -14.6% |
| Plant, machinery and equipment | 23 | €12,826 | €11,079 | -€1,747 | -13.6% |
| Furniture and vehicles | 24 | €1,200 | €900 | -€300 | -25.0% |
| Current assets | 29/58 | €35,631 | €27,423 | -€8,208 | -23.0% |
| Amounts receivable within one year | 40/41 | €1,537 | €636 | -€900 | -58.6% |
| Trade receivables | 40 | €1,095 | - | -€1,095 | |
| Other amounts receivable | 41 | €442 | €636 | +€195 | +44.1% |
| Cash at bank and in hand | 54/58 | €34,094 | €25,627 | -€8,468 | -24.8% |
| Deferred charges and accrued income | 490/1 | - | €1,160 | +€1,160 | |
| Total equity and liabilities | 10/49 | €50,141 | €39,512 | -€10,629 | -21.2% |
| Equity | 10/15 | €9,648 | €17,486 | +€7,839 | +81.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,598 | €11,436 | +€7,839 | +218% |
| Provisions and deferred taxes | 16 | €1,500 | €1,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €1,500 | = | 0.0% |
| Environmental obligations | 163 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €38,993 | €20,526 | -€18,467 | -47.4% |
| Amounts payable after more than one year | 17 | €10,887 | €6,820 | -€4,067 | -37.4% |
| Financial debts | 170/4 | €10,887 | €6,820 | -€4,067 | -37.4% |
| Amounts payable within one year | 42/48 | €28,106 | €13,706 | -€14,400 | -51.2% |
| Current portion of amounts payable after more than one year | 42 | €3,890 | €4,067 | +€177 | +4.5% |
| Trade debts | 44 | €2,737 | €622 | -€2,115 | -77.3% |
| Suppliers | 440/4 | €2,737 | €622 | -€2,115 | -77.3% |
| Taxes, remuneration and social security | 45 | €7,912 | €9,017 | +€1,106 | +14.0% |
| Taxes | 450/3 | €4,216 | €5,261 | +€1,046 | +24.8% |
| Remuneration and social security | 454/9 | €3,696 | €3,756 | +€60 | +1.6% |
| Other amounts payable | 47/48 | €13,567 | - | -€13,567 | |
| Turnover | 70 | €122,231 | €149,307 | +€27,076 | +22.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,530 | €80,009 | +€1,480 | +1.9% |
| Remuneration, social security and pensions | 62 | €35,739 | €48,240 | +€12,502 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,893 | €4,323 | +€430 | +11.0% |
| Other operating charges | 640/8 | €2,587 | €1,990 | -€597 | -23.1% |
| Non-recurring operating charges | 66A | €192 | €127 | -€65 | -34.0% |
| Gross operating margin | 9900 | €43,702 | €69,298 | +€25,596 | +58.6% |
| Operating profit (loss) | 9901 | €1,291 | €14,617 | +€13,327 | +1,032% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €1,233 | €2,302 | +€1,069 | +86.7% |
| Recurring financial charges | 65 | €1,233 | €2,302 | +€1,069 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €58 | €12,323 | +€12,265 | +21,201% |
| Income taxes | 67/77 | €1,007 | €4,484 | +€3,477 | +345% |
| Profit (loss) for the period | 9904 | -€949 | €7,839 | +€8,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€949 | €7,839 | +€8,788 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.