Vandaflowers: 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.
Vandaflowers
Largest movements
- Receivables within one year +€69,477
up €69,477 (+6.3%), from €1.1m to €1.2m
of which Trade receivables: +€133,077
- Cash -€33,761
down €33,761 (-12.9%), from €261,959 to €228,198
mainly Trade debts (-€383,561) and Contributions, distributions and other (-€166,609)
- Trade debts -€383,561
down €383,561 (-46.5%), from €825,624 to €442,063
- Other debts +€364,565
up €364,565 (+75.0%), from €485,836 to €850,401
- Debts after one year +€65,792
up €65,792 (+16.0%), from €411,824 to €477,616
of which Financial debts: +€67,672
- Reserves -€58,216
down €58,216 (-6.6%), from €885,355 to €827,139
of which Distributable reserves: -€58,216
- Accrued charges and deferred income +€38,262
new in 2025: €38,262
- Staff costs +€37,206
up €37,206 (+14.1%), from €263,202 to €300,408
- Financial charges +€24,628
up €24,628 (+84.8%), from €29,045 to €53,674
- Other operating charges -€18,829
down €18,829 (-81.1%), from €23,209 to €4,380
- Gross operating margin +€10,981
up €10,981 (+1.7%), from €655,966 to €666,947
- Depreciation +€10,001
up €10,001 (+6.5%), from €152,914 to €162,916
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 | €2,810,081 | €2,850,954 | +€40,874 | +1.5% |
| Fixed assets | 21/28 | €1,139,229 | €1,135,428 | -€3,801 | -0.3% |
| Tangible fixed assets | 22/27 | €1,139,229 | €1,135,428 | -€3,801 | -0.3% |
| Land and buildings | 22 | €949,748 | €928,870 | -€20,878 | -2.2% |
| Plant, machinery and equipment | 23 | €139,156 | €98,298 | -€40,858 | -29.4% |
| Furniture and vehicles | 24 | €50,325 | €108,260 | +€57,935 | +115% |
| Current assets | 29/58 | €1,670,851 | €1,715,526 | +€44,675 | +2.7% |
| Stocks and contracts in progress | 3 | €300,784 | €309,742 | +€8,959 | +3.0% |
| Stocks | 30/36 | €300,784 | €309,742 | +€8,959 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,108,109 | €1,177,586 | +€69,477 | +6.3% |
| Trade receivables | 40 | €1,004,831 | €1,137,908 | +€133,077 | +13.2% |
| Other amounts receivable | 41 | €103,278 | €39,678 | -€63,600 | -61.6% |
| Cash at bank and in hand | 54/58 | €261,959 | €228,198 | -€33,761 | -12.9% |
| Total equity and liabilities | 10/49 | €2,810,081 | €2,850,954 | +€40,874 | +1.5% |
| Equity | 10/15 | €953,955 | €895,739 | -€58,216 | -6.1% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €885,355 | €827,139 | -€58,216 | -6.6% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €878,495 | €820,279 | -€58,216 | -6.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,856,126 | €1,955,216 | +€99,090 | +5.3% |
| Amounts payable after more than one year | 17 | €411,824 | €477,616 | +€65,792 | +16.0% |
| Financial debts | 170/4 | €409,944 | €477,616 | +€67,672 | +16.5% |
| Other amounts payable | 178/9 | €1,880 | €0 | -€1,880 | -100% |
| Amounts payable within one year | 42/48 | €1,444,301 | €1,439,337 | -€4,964 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €89,328 | €101,328 | +€12,000 | +13.4% |
| Trade debts | 44 | €825,624 | €442,063 | -€383,561 | -46.5% |
| Suppliers | 440/4 | €825,624 | €442,063 | -€383,561 | -46.5% |
| Taxes, remuneration and social security | 45 | €43,514 | €45,546 | +€2,032 | +4.7% |
| Taxes | 450/3 | €18,799 | €29,901 | +€11,102 | +59.1% |
| Remuneration and social security | 454/9 | €24,715 | €15,645 | -€9,070 | -36.7% |
| Other amounts payable | 47/48 | €485,836 | €850,401 | +€364,565 | +75.0% |
| Accrued charges and deferred income | 492/3 | - | €38,262 | +€38,262 | |
| Remuneration, social security and pensions | 62 | €263,202 | €300,408 | +€37,206 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,914 | €162,916 | +€10,001 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €23,209 | €4,380 | -€18,829 | -81.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €655,966 | €666,947 | +€10,981 | +1.7% |
| Operating profit (loss) | 9901 | €216,640 | €199,244 | -€17,397 | -8.0% |
| Financial income | 75/76B | €8,952 | €10,337 | +€1,385 | +15.5% |
| Recurring financial income | 75 | €5,148 | €10,337 | +€5,189 | +101% |
| Non-recurring financial income | 76B | €3,804 | €0 | -€3,804 | -100% |
| Financial charges | 65/66B | €29,045 | €53,674 | +€24,628 | +84.8% |
| Recurring financial charges | 65 | €29,045 | €53,674 | +€24,628 | +84.8% |
| Profit (loss) for the period before taxes | 9903 | €196,547 | €155,907 | -€40,639 | -20.7% |
| Income taxes | 67/77 | €54,986 | €47,514 | -€7,471 | -13.6% |
| Profit (loss) for the period | 9904 | €141,561 | €108,393 | -€33,168 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €141,561 | €108,393 | -€33,168 | -23.4% |
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 29 October 2026 via checked.be.