Super-Versmarkt M & V: 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.
Super-Versmarkt M & V
Largest movements
- Current investments +€170,000
up €170,000 (+243%), from €70,000 to €240,000
- Cash -€51,281
down €51,281 (-89.4%), from €57,371 to €6,090
mainly Current investments (-€170,000) and Debts after one year (-€38,310)
- Tangible fixed assets -€41,296
down €41,296 (-28.9%), from €142,928 to €101,632
of which Plant, machinery and equipment: -€30,761
- Reserves +€142,016
up €142,016 (+46.2%), from €307,358 to €449,373
- Debts after one year -€38,310
down €38,310 (-45.8%), from €83,728 to €45,417
- Tax, wage and social debts -€18,135
down €18,135 (-93.6%), from €19,369 to €1,234
- Trade debts -€12,952
down €12,952 (-18.7%), from €69,426 to €56,473
- Short-term financial debts +€5,975
up €5,975 (+70.8%), from €8,439 to €14,414
- Gross operating margin +€51,090
up €51,090 (+24.8%), from €205,629 to €256,719
- Taxes +€28,914
up €28,914 (+75.7%), from €38,176 to €67,091
- Depreciation -€28,300
down €28,300 (-40.7%), from €69,596 to €41,296
- Financial charges -€4,553
down €4,553 (-35.0%), from €12,992 to €8,439
- Financial income +€3,171
up €3,171 (+63.8%), from €4,971 to €8,143
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 | €473,530 | €551,979 | +€78,449 | +16.6% |
| Fixed assets | 21/28 | €147,936 | €106,640 | -€41,296 | -27.9% |
| Tangible fixed assets | 22/27 | €142,928 | €101,632 | -€41,296 | -28.9% |
| Land and buildings | 22 | €38,972 | €30,220 | -€8,752 | -22.5% |
| Plant, machinery and equipment | 23 | €100,765 | €70,004 | -€30,761 | -30.5% |
| Furniture and vehicles | 24 | €3,191 | €1,408 | -€1,783 | -55.9% |
| Financial fixed assets | 28 | €5,008 | €5,008 | = | 0.0% |
| Current assets | 29/58 | €325,594 | €445,339 | +€119,745 | +36.8% |
| Stocks and contracts in progress | 3 | €140,192 | €139,031 | -€1,161 | -0.8% |
| Stocks | 30/36 | €140,192 | €139,031 | -€1,161 | -0.8% |
| Amounts receivable within one year | 40/41 | €50,437 | €52,544 | +€2,107 | +4.2% |
| Trade receivables | 40 | €6,012 | €8,084 | +€2,072 | +34.5% |
| Other amounts receivable | 41 | €44,424 | €44,459 | +€35 | +0.1% |
| Current investments | 50/53 | €70,000 | €240,000 | +€170,000 | +243% |
| Cash at bank and in hand | 54/58 | €57,371 | €6,090 | -€51,281 | -89.4% |
| Deferred charges and accrued income | 490/1 | €7,595 | €7,674 | +€79 | +1.0% |
| Total equity and liabilities | 10/49 | €473,530 | €551,979 | +€78,449 | +16.6% |
| Equity | 10/15 | €243,559 | €385,575 | +€142,016 | +58.3% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €307,358 | €449,373 | +€142,016 | +46.2% |
| Distributable reserves | 133 | €307,358 | €449,373 | +€142,016 | +46.2% |
| Profit (loss) carried forward | 14 | -€168,798 | -€168,798 | = | 0.0% |
| Amounts payable | 17/49 | €229,971 | €166,404 | -€63,567 | -27.6% |
| Amounts payable after more than one year | 17 | €83,728 | €45,417 | -€38,310 | -45.8% |
| Financial debts | 170/4 | €83,728 | €45,417 | -€38,310 | -45.8% |
| Amounts payable within one year | 42/48 | €142,583 | €118,033 | -€24,549 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €37,748 | €38,310 | +€563 | +1.5% |
| Financial debts | 43 | €8,439 | €14,414 | +€5,975 | +70.8% |
| Credit institutions | 430/8 | €8,439 | €14,414 | +€5,975 | +70.8% |
| Trade debts | 44 | €69,426 | €56,473 | -€12,952 | -18.7% |
| Suppliers | 440/4 | €69,426 | €56,473 | -€12,952 | -18.7% |
| Taxes, remuneration and social security | 45 | €19,369 | €1,234 | -€18,135 | -93.6% |
| Taxes | 450/3 | €19,369 | €1,234 | -€18,135 | -93.6% |
| Other amounts payable | 47/48 | €7,601 | €7,601 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,660 | €2,953 | -€707 | -19.3% |
| Remuneration, social security and pensions | 62 | €1,627 | €765 | -€862 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,596 | €41,296 | -€28,300 | -40.7% |
| Other operating charges | 640/8 | €4,985 | €5,255 | +€270 | +5.4% |
| Gross operating margin | 9900 | €205,629 | €256,719 | +€51,090 | +24.8% |
| Operating profit (loss) | 9901 | €129,420 | €209,403 | +€79,982 | +61.8% |
| Financial income | 75/76B | €4,971 | €8,143 | +€3,171 | +63.8% |
| Recurring financial income | 75 | €4,971 | €8,143 | +€3,171 | +63.8% |
| Financial charges | 65/66B | €12,992 | €8,439 | -€4,553 | -35.0% |
| Recurring financial charges | 65 | €12,992 | €8,439 | -€4,553 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €121,400 | €209,106 | +€87,707 | +72.2% |
| Income taxes | 67/77 | €38,176 | €67,091 | +€28,914 | +75.7% |
| Profit (loss) for the period | 9904 | €83,223 | €142,016 | +€58,792 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,223 | €142,016 | +€58,792 | +70.6% |
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.