VAN COLEN POTATOES: 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
VAN COLEN POTATOES
NACE 46.311, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · -€908,927+€2.0m
Equity
€3.5m
2024 · €2.4m+€1.0m
Cash
€817,116
2024 · €1.3m-€453,801
Balance sheet total
€17.3m
2024 · €17.4m-€113,371
Largest movements
Assets
- Tangible fixed assets +€990,063
up €990,063 (+9.0%), from €11.0m to €11.9m
of which Land and buildings: +€595,257
- Cash -€453,801
down €453,801 (-35.7%), from €1.3m to €817,116
mainly Investment in fixed assets (net) (-€2.2m) and Trade debts (-€1.7m)
- Receivables within one year -€426,189
down €426,189 (-14.3%), from €3.0m to €2.6m
of which Trade receivables: -€399,777
Equity and liabilities
- Trade debts -€1.7m
down €1.7m (-61.6%), from €2.7m to €1.0m
- Profit (loss) carried forward +€1.1m
up €1.1m (+111%), from €957,934 to €2.0m
- Debts after one year +€402,517
up €402,517 (+3.7%), from €11.0m to €11.4m
of which Financial debts: +€402,517
Income statement
- Turnover +€15.5m
new in 2025: €15.5m
- Goods and materials +€7.6m
new in 2025: €7.6m
of which Purchases: +€7.6m
- Services and other goods +€3.2m
new in 2025: €3.2m
- Gross operating margin -€1.9m
no longer reported in 2025 (was €1.9m)
- Staff costs +€360,301
up €360,301 (+26.8%), from €1.3m to €1.7m
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
-€908,927
Turnover
+€15.5m
Other operating income
+€59,103
Goods and materials
-€7.6m
Services and other goods
-€3.2m
Staff costs
-€360,301
Depreciation
-€193,014
Write-downs
-€85,162
Other operating charges
-€15,306
Other operating items
-€1.9m
Financial income
-€115,321
Financial charges
-€37,191
Result 2025
€1.1m
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
+€1.3m
Investment
-€2.2m
Financing
+€457,987
Cash 2024
€1.3m
From operations (derived)
+€1.3m
Net result for the year
+€1.1m
Depreciation
+€1.4m
Stocks and contracts
+€42,361
Receivables within one year
+€426,189
Deferred charges and accrued income
+€17,208
Trade debts
-€1.7m
Tax, wage and social debts
-€6,091
Accrued charges and deferred income
+€59,177
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€457,987
Debts after one year
+€402,517
Current portion of long-term debt
+€89,763
Contributions, distributions and other
-€34,293
Cash 2025
€817,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,416,246 | €17,302,875 | -€113,371 | -0.7% |
| Fixed assets | 21/28 | €12,208,627 | €13,034,815 | +€826,187 | +6.8% |
| Intangible fixed assets | 21 | €1,233,816 | €1,066,580 | -€167,236 | -13.6% |
| Tangible fixed assets | 22/27 | €10,958,661 | €11,948,724 | +€990,063 | +9.0% |
| Land and buildings | 22 | €6,496,338 | €7,091,596 | +€595,257 | +9.2% |
| Plant, machinery and equipment | 23 | €392,850 | €704,475 | +€311,625 | +79.3% |
| Furniture and vehicles | 24 | €347,885 | €290,649 | -€57,237 | -16.5% |
| Leasing and similar rights | 25 | €3,721,587 | €3,862,005 | +€140,418 | +3.8% |
| Financial fixed assets | 28 | €16,150 | €19,510 | +€3,360 | +20.8% |
| Other financial fixed assets | 284/8 | - | €19,510 | +€19,510 | |
| Amounts receivable and cash guarantees | 285/8 | - | €19,510 | +€19,510 | |
| Current assets | 29/58 | €5,207,619 | €4,268,060 | -€939,559 | -18.0% |
| Amounts receivable after more than one year | 29 | €737,700 | €737,700 | = | 0.0% |
| Other amounts receivable | 291 | €737,700 | €737,700 | = | 0.0% |
| Stocks and contracts in progress | 3 | €167,426 | €125,066 | -€42,361 | -25.3% |
| Stocks | 30/36 | €167,426 | €125,066 | -€42,361 | -25.3% |
| Goods purchased for resale | 34 | - | €125,066 | +€125,066 | |
| Amounts receivable within one year | 40/41 | €2,981,763 | €2,555,574 | -€426,189 | -14.3% |
| Trade receivables | 40 | €2,821,861 | €2,422,084 | -€399,777 | -14.2% |
| Other amounts receivable | 41 | €159,902 | €133,490 | -€26,412 | -16.5% |
| Cash at bank and in hand | 54/58 | €1,270,917 | €817,116 | -€453,801 | -35.7% |
| Deferred charges and accrued income | 490/1 | €49,813 | €32,605 | -€17,208 | -34.5% |
| Total equity and liabilities | 10/49 | €17,416,246 | €17,302,875 | -€113,371 | -0.7% |
| Equity | 10/15 | €2,423,942 | €3,452,984 | +€1.0m | +42.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €237,816 | €237,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,050 | €50,050 | = | 0.0% |
| Legal reserve | 130 | €50,050 | €50,050 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,271 | €13,271 | = | 0.0% |
| Distributable reserves | 133 | €174,496 | €174,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €957,934 | €2,021,269 | +€1.1m | +111% |
| Investment grants | 15 | €1,166,692 | €1,132,399 | -€34,293 | -2.9% |
| Amounts payable | 17/49 | €14,992,304 | €13,849,891 | -€1.1m | -7.6% |
| Amounts payable after more than one year | 17 | €10,952,955 | €11,355,472 | +€402,517 | +3.7% |
| Financial debts | 170/4 | €10,807,755 | €11,210,272 | +€402,517 | +3.7% |
| Subordinated loans | 170 | - | €949,044 | +€949,044 | |
| Leasing and similar obligations | 172 | - | €3,020,953 | +€3.0m | |
| Credit institutions | 173 | - | €7,240,276 | +€7.2m | |
| Trade debts | 175 | €145,200 | €145,200 | = | 0.0% |
| Bills of exchange payable | 1751 | - | €145,200 | +€145,200 | |
| Amounts payable within one year | 42/48 | €3,961,768 | €2,357,661 | -€1.6m | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €1,045,234 | €1,134,997 | +€89,763 | +8.6% |
| Trade debts | 44 | €2,737,751 | €1,049,972 | -€1.7m | -61.6% |
| Suppliers | 440/4 | €2,737,751 | €1,049,972 | -€1.7m | -61.6% |
| Taxes, remuneration and social security | 45 | €178,783 | €172,693 | -€6,091 | -3.4% |
| Taxes | 450/3 | €6,602 | €6,783 | +€181 | +2.7% |
| Remuneration and social security | 454/9 | €172,181 | €165,909 | -€6,272 | -3.6% |
| Accrued charges and deferred income | 492/3 | €77,580 | €136,757 | +€59,177 | +76.3% |
| Operating income | 70/76A | - | €15,509,479 | +€15.5m | |
| Turnover | 70 | - | €15,450,376 | +€15.5m | |
| Other operating income | 74 | - | €59,103 | +€59,103 | |
| Non-recurring operating income | 76A | €97,833 | - | -€97,833 | |
| Operating charges | 60/66A | - | €14,099,842 | +€14.1m | |
| Goods for resale, raw materials and consumables | 60 | - | €7,638,545 | +€7.6m | |
| Purchases | 600/8 | - | €7,596,184 | +€7.6m | |
| Change in stocks: decrease (increase) | 609 | - | €42,361 | +€42,361 | |
| Services and other goods | 61 | - | €3,208,235 | +€3.2m | |
| Remuneration, social security and pensions | 62 | €1,343,814 | €1,704,115 | +€360,301 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186,305 | €1,379,319 | +€193,014 | +16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,630 | €82,532 | +€85,162 | |
| Other operating charges | 640/8 | €71,792 | €87,098 | +€15,306 | +21.3% |
| Gross operating margin | 9900 | €1,884,145 | - | -€1.9m | |
| Operating profit (loss) | 9901 | -€715,136 | €1,409,637 | +€2.1m | |
| Financial income | 75/76B | €157,272 | €41,951 | -€115,321 | -73.3% |
| Recurring financial income | 75 | €132,840 | €41,951 | -€90,889 | -68.4% |
| Other financial income | 752/9 | - | €41,951 | +€41,951 | |
| Non-recurring financial income | 76B | €24,432 | €0 | -€24,432 | -100% |
| Financial charges | 65/66B | €351,063 | €388,253 | +€37,191 | +10.6% |
| Recurring financial charges | 65 | €351,063 | €388,253 | +€37,191 | +10.6% |
| Debt charges | 650 | - | €385,105 | +€385,105 | |
| Other financial charges | 652/9 | - | €3,148 | +€3,148 | |
| Profit (loss) for the period before taxes | 9903 | -€908,927 | €1,063,334 | +€2.0m | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€908,927 | €1,063,334 | +€2.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€908,927 | €1,063,334 | +€2.0m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.