't VLEESHUIS BVBA: 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.
't VLEESHUIS BVBA
Largest movements
- Receivables within one year +€131,065
up €131,065 (+105%), from €125,169 to €256,234
of which Other amounts receivable: +€138,957
- Stocks and contracts -€73,050
down €73,050 (-85.3%), from €85,590 to €12,540
- Tangible fixed assets -€17,545
down €17,545 (-26.8%), from €65,381 to €47,836
of which Plant, machinery and equipment: -€17,163
- Reserves +€57,630
up €57,630 (+36.6%), from €157,375 to €215,005
of which Distributable reserves: +€57,630
- Trade debts -€25,567
down €25,567 (-47.2%), from €54,121 to €28,554
- Tax, wage and social debts +€16,859
up €16,859 (+92.6%), from €18,209 to €35,069
of which Remuneration and social security: +€10,332
- Current portion of long-term debt +€12,862
up €12,862 (+92.6%), from €13,894 to €26,757
- Debts after one year -€11,832
down €11,832 (-33.2%), from €35,600 to €23,768
- Gross operating margin +€115,785
up €115,785 (+50.4%), from €229,532 to €345,317
- Other operating charges +€60,125
up €60,125 (+1,707%), from €3,523 to €63,649
- Staff costs +€11,740
up €11,740 (+6.3%), from €186,463 to €198,203
- Depreciation -€3,818
down €3,818 (-17.9%), from €21,363 to €17,545
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 | €306,038 | €348,226 | +€42,188 | +13.8% |
| Fixed assets | 21/28 | €65,514 | €47,969 | -€17,545 | -26.8% |
| Tangible fixed assets | 22/27 | €65,381 | €47,836 | -€17,545 | -26.8% |
| Plant, machinery and equipment | 23 | €64,849 | €47,686 | -€17,163 | -26.5% |
| Furniture and vehicles | 24 | €532 | €150 | -€382 | -71.8% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €240,524 | €300,258 | +€59,733 | +24.8% |
| Stocks and contracts in progress | 3 | €85,590 | €12,540 | -€73,050 | -85.3% |
| Stocks | 30/36 | €85,590 | €12,540 | -€73,050 | -85.3% |
| Amounts receivable within one year | 40/41 | €125,169 | €256,234 | +€131,065 | +105% |
| Trade receivables | 40 | €11,995 | €4,103 | -€7,892 | -65.8% |
| Other amounts receivable | 41 | €113,174 | €252,131 | +€138,957 | +123% |
| Cash at bank and in hand | 54/58 | €29,170 | €30,864 | +€1,695 | +5.8% |
| Deferred charges and accrued income | 490/1 | €595 | €619 | +€24 | +4.0% |
| Total equity and liabilities | 10/49 | €306,038 | €348,226 | +€42,188 | +13.8% |
| Equity | 10/15 | €175,975 | €233,605 | +€57,630 | +32.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,375 | €215,005 | +€57,630 | +36.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,000 | €26,000 | = | 0.0% |
| Distributable reserves | 133 | €129,515 | €187,145 | +€57,630 | +44.5% |
| Amounts payable | 17/49 | €130,063 | €114,621 | -€15,441 | -11.9% |
| Amounts payable after more than one year | 17 | €35,600 | €23,768 | -€11,832 | -33.2% |
| Financial debts | 170/4 | €35,600 | €23,768 | -€11,832 | -33.2% |
| Amounts payable within one year | 42/48 | €94,463 | €90,380 | -€4,083 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €13,894 | €26,757 | +€12,862 | +92.6% |
| Trade debts | 44 | €54,121 | €28,554 | -€25,567 | -47.2% |
| Suppliers | 440/4 | €54,121 | €28,554 | -€25,567 | -47.2% |
| Taxes, remuneration and social security | 45 | €18,209 | €35,069 | +€16,859 | +92.6% |
| Taxes | 450/3 | €5,837 | €12,364 | +€6,527 | +112% |
| Remuneration and social security | 454/9 | €12,373 | €22,705 | +€10,332 | +83.5% |
| Other amounts payable | 47/48 | €8,238 | - | -€8,238 | |
| Accrued charges and deferred income | 492/3 | - | €474 | +€474 | |
| Remuneration, social security and pensions | 62 | €186,463 | €198,203 | +€11,740 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,363 | €17,545 | -€3,818 | -17.9% |
| Other operating charges | 640/8 | €3,523 | €63,649 | +€60,125 | +1,707% |
| Gross operating margin | 9900 | €229,532 | €345,317 | +€115,785 | +50.4% |
| Operating profit (loss) | 9901 | €18,182 | €65,920 | +€47,738 | +263% |
| Financial income | 75/76B | €0 | €1 | +€1 | +900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +900% |
| Financial charges | 65/66B | €3,973 | €5,345 | +€1,372 | +34.5% |
| Recurring financial charges | 65 | €3,973 | €5,345 | +€1,372 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €14,209 | €60,576 | +€46,367 | +326% |
| Income taxes | 67/77 | €3,705 | €2,947 | -€759 | -20.5% |
| Profit (loss) for the period | 9904 | €10,504 | €57,630 | +€47,126 | +449% |
| Profit (loss) for the period to be appropriated | 9905 | €10,504 | €57,630 | +€47,126 | +449% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.