Troostwijk - Vavato: 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.
What changed
Troostwijk - Vavato
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€93,971
2024 · €2.4m-€2.3m
Equity
€395,474
2024 · €6.2m-€5.8m
Cash
€2.1m
2024 · €5.0m-€2.9m
Balance sheet total
€4.1m
2024 · €12.5m-€8.5m
Largest movements
Assets
- Receivables within one year -€5.3m
down €5.3m (-86.7%), from €6.1m to €815,861
of which Other amounts receivable: -€3.6m
- Cash -€2.9m
down €2.9m (-57.6%), from €5.0m to €2.1m
mainly Contributions, distributions and other (-€5.9m) and Trade debts (-€2.7m)
- Deferred charges and accrued income -€125,922
down €125,922 (-15.7%), from €802,123 to €676,201
Equity and liabilities
- Profit (loss) carried forward -€5.6m
down €5.6m (-98.3%), from €5.7m to €93,971
- Trade debts -€2.7m
down €2.7m (-77.0%), from €3.6m to €818,846
- Reserves -€234,628
down €234,628 (-91.6%), from €256,031 to €21,403
of which Distributable reserves: -€234,628
Income statement
- Turnover -€2.3m
down €2.3m (-22.1%), from €10.4m to €8.1m
- Services and other goods +€1.5m
up €1.5m (+39.3%), from €3.7m to €5.2m
- Goods and materials -€826,398
down €826,398 (-77.3%), from €1.1m to €242,691
- Taxes -€767,288
down €767,288 (-88.7%), from €865,113 to €97,825
- Staff costs +€283,753
up €283,753 (+9.9%), from €2.9m to €3.2m
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.
Result 2024
€2.4m
Turnover
-€2.3m
Other operating income
+€105,359
Goods and materials
+€826,398
Services and other goods
-€1.5m
Staff costs
-€283,753
Depreciation
+€21,380
Other operating charges
-€1,728
Other operating items
+€10,605
Financial income
-€5,985
Financial charges
+€24,991
Taxes
+€767,288
Result 2025
€93,971
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.1m
Investment
-€32,888
Financing
-€5.9m
Cash 2024
€5.0m
From operations (derived)
+€3.1m
Net result for the year
+€93,971
Depreciation
+€177,666
Receivables within one year
+€5.3m
Deferred charges and accrued income
+€125,922
Trade debts
-€2.7m
Tax, wage and social debts
+€90,289
Other debts
+€81,504
Accrued charges and deferred income
-€65,494
Investment (derived)
-€32,888
Investment in fixed assets (net)
-€32,888
Financing
-€5.9m
Short-term financial debts
-€15,154
Contributions, distributions and other
-€5.9m
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,521,524 | €4,071,219 | -€8.5m | -67.5% |
| Fixed assets | 21/28 | €608,685 | €463,907 | -€144,778 | -23.8% |
| Intangible fixed assets | 21 | €38,041 | €3,322 | -€34,719 | -91.3% |
| Tangible fixed assets | 22/27 | €306,254 | €196,195 | -€110,060 | -35.9% |
| Plant, machinery and equipment | 23 | €17,607 | €10,173 | -€7,434 | -42.2% |
| Furniture and vehicles | 24 | €196,038 | €128,069 | -€67,969 | -34.7% |
| Other tangible fixed assets | 26 | €92,609 | €57,952 | -€34,657 | -37.4% |
| Financial fixed assets | 28 | €264,390 | €264,390 | = | 0.0% |
| Other financial fixed assets | 284/8 | €264,390 | €264,390 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €264,390 | €264,390 | = | 0.0% |
| Current assets | 29/58 | €11,912,839 | €3,607,312 | -€8.3m | -69.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €6,127,203 | €815,861 | -€5.3m | -86.7% |
| Trade receivables | 40 | €2,262,783 | €513,686 | -€1.7m | -77.3% |
| Other amounts receivable | 41 | €3,864,420 | €302,175 | -€3.6m | -92.2% |
| Cash at bank and in hand | 54/58 | €4,983,514 | €2,115,249 | -€2.9m | -57.6% |
| Deferred charges and accrued income | 490/1 | €802,123 | €676,201 | -€125,922 | -15.7% |
| Total equity and liabilities | 10/49 | €12,521,524 | €4,071,219 | -€8.5m | -67.5% |
| Equity | 10/15 | €6,192,372 | €395,474 | -€5.8m | -93.6% |
| Contributions | 10/11 | €280,100 | €280,100 | = | 0.0% |
| Reserves | 13 | €256,031 | €21,403 | -€234,628 | -91.6% |
| Non-distributable reserves | 130/1 | €21,403 | €21,403 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,403 | €21,403 | = | 0.0% |
| Distributable reserves | 133 | €234,628 | €0 | -€234,628 | -100% |
| Profit (loss) carried forward | 14 | €5,656,241 | €93,971 | -€5.6m | -98.3% |
| Amounts payable | 17/49 | €6,329,152 | €3,675,744 | -€2.7m | -41.9% |
| Amounts payable within one year | 42/48 | €6,134,904 | €3,546,990 | -€2.6m | -42.2% |
| Financial debts | 43 | €28,173 | €13,019 | -€15,154 | -53.8% |
| Credit institutions | 430/8 | €28,173 | €13,019 | -€15,154 | -53.8% |
| Trade debts | 44 | €3,563,399 | €818,846 | -€2.7m | -77.0% |
| Suppliers | 440/4 | €3,563,399 | €818,846 | -€2.7m | -77.0% |
| Taxes, remuneration and social security | 45 | €514,894 | €605,183 | +€90,289 | +17.5% |
| Taxes | 450/3 | €217,536 | €54,327 | -€163,209 | -75.0% |
| Remuneration and social security | 454/9 | €297,358 | €550,856 | +€253,498 | +85.3% |
| Other amounts payable | 47/48 | €2,028,438 | €2,109,942 | +€81,504 | +4.0% |
| Accrued charges and deferred income | 492/3 | €194,248 | €128,755 | -€65,494 | -33.7% |
| Operating income | 70/76A | €11,031,228 | €8,846,234 | -€2.2m | -19.8% |
| Turnover | 70 | €10,430,201 | €8,124,105 | -€2.3m | -22.1% |
| Other operating income | 74 | €557,567 | €662,927 | +€105,359 | +18.9% |
| Non-recurring operating income | 76A | €43,459 | €59,202 | +€15,743 | +36.2% |
| Operating charges | 60/66A | €7,876,112 | €8,778,815 | +€902,703 | +11.5% |
| Goods for resale, raw materials and consumables | 60 | €1,069,089 | €242,691 | -€826,398 | -77.3% |
| Purchases | 600/8 | €1,069,089 | €242,691 | -€826,398 | -77.3% |
| Services and other goods | 61 | €3,718,957 | €5,178,819 | +€1.5m | +39.3% |
| Remuneration, social security and pensions | 62 | €2,866,594 | €3,150,347 | +€283,753 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,046 | €177,666 | -€21,380 | -10.7% |
| Other operating charges | 640/8 | €22,426 | €24,154 | +€1,728 | +7.7% |
| Non-recurring operating charges | 66A | - | €5,138 | +€5,138 | |
| Operating profit (loss) | 9901 | €3,155,115 | €67,419 | -€3.1m | -97.9% |
| Financial income | 75/76B | €269,407 | €263,422 | -€5,985 | -2.2% |
| Recurring financial income | 75 | €269,407 | €263,422 | -€5,985 | -2.2% |
| Income from financial fixed assets | 750 | €269,215 | €128,582 | -€140,633 | -52.2% |
| Income from current assets | 751 | €4 | €134,732 | +€134,728 | +3,368,200% |
| Other financial income | 752/9 | €188 | €108 | -€80 | -42.6% |
| Financial charges | 65/66B | €164,036 | €139,045 | -€24,991 | -15.2% |
| Recurring financial charges | 65 | €164,036 | €139,045 | -€24,991 | -15.2% |
| Debt charges | 650 | €33,988 | €38,106 | +€4,118 | +12.1% |
| Other financial charges | 652/9 | €130,048 | €100,938 | -€29,109 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €3,260,487 | €191,796 | -€3.1m | -94.1% |
| Income taxes | 67/77 | €865,113 | €97,825 | -€767,288 | -88.7% |
| Taxes | 670/3 | €865,113 | €97,825 | -€767,288 | -88.7% |
| Profit (loss) for the period | 9904 | €2,395,374 | €93,971 | -€2.3m | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,395,374 | €93,971 | -€2.3m | -96.1% |
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 1 November 2026 via checked.be.