VAN LANGENDONCK: what changed
Two fiscal 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 LANGENDONCK
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€99,727
2024 · €218,926-€119,199
Equity
€1.2m
2024 · €1.1m+€99,727
Cash
€251,282
2024 · €269,621-€18,339
Balance sheet total
€3.6m
2024 · €2.7m+€953,848
Largest movements
Assets
- Receivables within one year +€930,015
up €930,015 (+59.8%), from €1.6m to €2.5m
of which Trade receivables: +€853,298
- Stocks and contracts +€65,265
up €65,265 (+185.5%), from €35,182 to €100,447
Equity and liabilities
- Trade debts +€636,623
up €636,623 (+71.5%), from €889,854 to €1.5m
- Other debts +€116,712
up €116,712 (+246.6%), from €47,337 to €164,049
- Reserves +€99,727
up €99,727 (+10.2%), from €980,104 to €1.1m
of which Distributable reserves: +€99,727
- Tax, wage and social debts +€67,821
up €67,821 (+45.5%), from €149,057 to €216,878
of which Remuneration and social security: +€41,477
Income statement
- Staff costs +€190,031
up €190,031 (+38.5%), from €494,131 to €684,162
- Taxes -€55,288
down €55,288 (-51.2%), from €108,051 to €52,763
- Write-downs -€35,593
down €35,593, from €8,084 to -€27,509
- Gross operating margin -€29,719
down €29,719 (-2.9%), from €1.0m to €985,202
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
€218,926
Gross operating margin
-€29,719
Staff costs
-€190,031
Depreciation
-€2,496
Write-downs
+€35,593
Other operating charges
+€4,890
Other operating items
+€8,263
Financial income
+€3,434
Financial charges
-€4,422
Taxes
+€55,288
Result 2025
€99,727
Cash bridge derived
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
+€31,558
Investment
-€63,033
Financing
+€13,136
Cash 2024
€269,621
From operations (derived)
+€31,558
Net result for the year
+€99,727
Depreciation
+€84,746
Stocks and contracts
-€65,265
Receivables within one year
-€930,015
Smaller working-capital items
+€1,630
Trade debts
+€636,623
Tax, wage and social debts
+€67,821
Other debts
+€116,712
Accrued charges and deferred income
+€19,579
Investment (derived)
-€63,033
Investment in fixed assets (net)
-€63,033
Financing
+€13,136
Debts after one year
+€1,189
Current portion of long-term debt
+€10,784
Short-term financial debts
+€1,163
Cash 2025
€251,282
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,693,654 | €3,647,502 | +€953,848 | +35.4% |
| Fixed assets | 21/28 | €821,940 | €800,228 | -€21,712 | -2.6% |
| Intangible fixed assets | 21 | - | €10,324 | +€10,324 | |
| Tangible fixed assets | 22/27 | €341,940 | €309,903 | -€32,037 | -9.4% |
| Plant, machinery and equipment | 23 | €75,944 | €79,527 | +€3,583 | +4.7% |
| Furniture and vehicles | 24 | €142,149 | €115,483 | -€26,666 | -18.8% |
| Other tangible fixed assets | 26 | €123,848 | €114,894 | -€8,954 | -7.2% |
| Financial fixed assets | 28 | €480,000 | €480,000 | = | 0.0% |
| Current assets | 29/58 | €1,871,714 | €2,847,275 | +€975,561 | +52.1% |
| Stocks and contracts in progress | 3 | €35,182 | €100,447 | +€65,265 | +185.5% |
| Stocks | 30/36 | €35,182 | €100,447 | +€65,265 | +185.5% |
| Amounts receivable within one year | 40/41 | €1,555,277 | €2,485,292 | +€930,015 | +59.8% |
| Trade receivables | 40 | €1,087,901 | €1,941,199 | +€853,298 | +78.4% |
| Other amounts receivable | 41 | €467,376 | €544,093 | +€76,717 | +16.4% |
| Cash at bank and in hand | 54/58 | €269,621 | €251,282 | -€18,339 | -6.8% |
| Deferred charges and accrued income | 490/1 | €11,634 | €10,254 | -€1,380 | -11.9% |
| Total equity and liabilities | 10/49 | €2,693,654 | €3,647,502 | +€953,848 | +35.4% |
| Equity | 10/15 | €1,062,104 | €1,161,831 | +€99,727 | +9.4% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Capital | 10 | €82,000 | €82,000 | = | 0.0% |
| Issued capital | 100 | €82,000 | €82,000 | = | 0.0% |
| Reserves | 13 | €980,104 | €1,079,831 | +€99,727 | +10.2% |
| Non-distributable reserves | 130/1 | €8,200 | €8,200 | = | 0.0% |
| Legal reserve | 130 | €8,200 | €8,200 | = | 0.0% |
| Distributable reserves | 133 | €971,904 | €1,071,631 | +€99,727 | +10.3% |
| Amounts payable | 17/49 | €1,631,550 | €2,485,671 | +€854,121 | +52.4% |
| Amounts payable after more than one year | 17 | €402,783 | €403,972 | +€1,189 | +0.3% |
| Financial debts | 170/4 | €402,783 | €403,972 | +€1,189 | +0.3% |
| Amounts payable within one year | 42/48 | €1,228,767 | €2,062,120 | +€833,353 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €142,518 | €153,302 | +€10,784 | +7.6% |
| Financial debts | 43 | - | €1,163 | +€1,163 | |
| Credit institutions | 430/8 | - | €1,163 | +€1,163 | |
| Trade debts | 44 | €889,854 | €1,526,477 | +€636,623 | +71.5% |
| Suppliers | 440/4 | €889,854 | €1,526,477 | +€636,623 | +71.5% |
| Advances received on contracts in progress | 46 | - | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | €149,057 | €216,878 | +€67,821 | +45.5% |
| Taxes | 450/3 | €39,517 | €65,861 | +€26,344 | +66.7% |
| Remuneration and social security | 454/9 | €109,540 | €151,017 | +€41,477 | +37.9% |
| Other amounts payable | 47/48 | €47,337 | €164,049 | +€116,712 | +246.6% |
| Accrued charges and deferred income | 492/3 | €0 | €19,579 | +€19,579 | |
| Non-recurring operating income | 76A | €453 | €2,492 | +€2,039 | +450.1% |
| Remuneration, social security and pensions | 62 | €494,131 | €684,162 | +€190,031 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,250 | €84,746 | +€2,496 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,084 | -€27,509 | -€35,593 | |
| Other operating charges | 640/8 | €75,589 | €70,699 | -€4,890 | -6.5% |
| Non-recurring operating charges | 66A | €8,263 | €0 | -€8,263 | -100.0% |
| Gross operating margin | 9900 | €1,014,920 | €985,202 | -€29,719 | -2.9% |
| Operating profit (loss) | 9901 | €346,603 | €173,104 | -€173,499 | -50.1% |
| Financial income | 75/76B | €443 | €3,877 | +€3,434 | +775.2% |
| Recurring financial income | 75 | €443 | €3,877 | +€3,434 | +775.2% |
| Financial charges | 65/66B | €20,069 | €24,491 | +€4,422 | +22.0% |
| Recurring financial charges | 65 | €20,069 | €24,491 | +€4,422 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €326,977 | €152,490 | -€174,487 | -53.4% |
| Income taxes | 67/77 | €108,051 | €52,763 | -€55,288 | -51.2% |
| Profit (loss) for the period | 9904 | €218,926 | €99,727 | -€119,199 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €218,926 | €99,727 | -€119,199 | -54.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.