The Veggies: 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.
The Veggies
Largest movements
- Cash +€16,597
up €16,597 (+134%), from €12,382 to €28,979
mainly Net result for the year (+€16,276) and Depreciation (+€11,757)
- Stocks and contracts +€2,180
up €2,180 (+71.5%), from €3,050 to €5,231
- Reserves +€16,276
new in 2025: €16,276
- Debts after one year -€10,829
down €10,829 (-39.6%), from €27,327 to €16,498
- Current portion of long-term debt +€10,825
new in 2025: €10,825
- Tax, wage and social debts +€8,140
up €8,140 (+95.3%), from €8,538 to €16,677
of which Taxes: +€6,590
- Other debts -€7,345
down €7,345 (-17.9%), from €41,144 to €33,799
- Gross operating margin +€48,580
up €48,580 (+61.1%), from €79,459 to €128,038
- Staff costs +€24,821
up €24,821 (+37.5%), from €66,206 to €91,027
- Taxes +€4,928
up €4,928 (+22,100%), from €22 to €4,951
- Other operating charges -€1,761
down €1,761 (-46.8%), from €3,765 to €2,003
- Depreciation +€1,597
up €1,597 (+15.7%), from €10,161 to €11,757
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 | €84,546 | €103,282 | +€18,735 | +22.2% |
| Fixed assets | 21/28 | €69,115 | €68,774 | -€341 | -0.5% |
| Tangible fixed assets | 22/27 | €69,115 | €68,774 | -€341 | -0.5% |
| Plant, machinery and equipment | 23 | €68,134 | €66,336 | -€1,799 | -2.6% |
| Furniture and vehicles | 24 | €980 | €2,438 | +€1,458 | +149% |
| Current assets | 29/58 | €15,432 | €34,508 | +€19,076 | +124% |
| Stocks and contracts in progress | 3 | €3,050 | €5,231 | +€2,180 | +71.5% |
| Stocks | 30/36 | €3,050 | €5,231 | +€2,180 | +71.5% |
| Amounts receivable within one year | 40/41 | - | €299 | +€299 | |
| Trade receivables | 40 | - | €299 | +€299 | |
| Cash at bank and in hand | 54/58 | €12,382 | €28,979 | +€16,597 | +134% |
| Total equity and liabilities | 10/49 | €84,546 | €103,282 | +€18,735 | +22.2% |
| Equity | 10/15 | €2,435 | €18,711 | +€16,276 | +668% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €16,276 | +€16,276 | |
| Distributable reserves | 133 | - | €16,276 | +€16,276 | |
| Profit (loss) carried forward | 14 | -€2,565 | -€2,565 | = | 0.0% |
| Amounts payable | 17/49 | €82,112 | €84,571 | +€2,460 | +3.0% |
| Amounts payable after more than one year | 17 | €27,327 | €16,498 | -€10,829 | -39.6% |
| Financial debts | 170/4 | €27,327 | €16,498 | -€10,829 | -39.6% |
| Amounts payable within one year | 42/48 | €54,785 | €68,073 | +€13,289 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,825 | +€10,825 | |
| Trade debts | 44 | €5,103 | €6,772 | +€1,669 | +32.7% |
| Suppliers | 440/4 | €5,103 | €6,772 | +€1,669 | +32.7% |
| Taxes, remuneration and social security | 45 | €8,538 | €16,677 | +€8,140 | +95.3% |
| Taxes | 450/3 | €4,894 | €11,484 | +€6,590 | +135% |
| Remuneration and social security | 454/9 | €3,643 | €5,193 | +€1,550 | +42.5% |
| Other amounts payable | 47/48 | €41,144 | €33,799 | -€7,345 | -17.9% |
| Remuneration, social security and pensions | 62 | €66,206 | €91,027 | +€24,821 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,161 | €11,757 | +€1,597 | +15.7% |
| Other operating charges | 640/8 | €3,765 | €2,003 | -€1,761 | -46.8% |
| Gross operating margin | 9900 | €79,459 | €128,038 | +€48,580 | +61.1% |
| Operating profit (loss) | 9901 | -€673 | €23,251 | +€23,924 | |
| Financial income | 75/76B | €2 | €2 | -€0 | -19.0% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -19.0% |
| Financial charges | 65/66B | €1,464 | €2,026 | +€562 | +38.4% |
| Recurring financial charges | 65 | €1,464 | €2,026 | +€562 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,135 | €21,226 | +€23,362 | |
| Income taxes | 67/77 | €22 | €4,951 | +€4,928 | +22,100% |
| Profit (loss) for the period | 9904 | -€2,158 | €16,276 | +€18,433 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,158 | €16,276 | +€18,433 |
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 18 October 2026 via checked.be.