VANDECHAMP: 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
VANDECHAMP
NACE 01.130, Growing of vegetables, melons, roots and tubers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€497,627
2024 · €215,719+€281,909
Equity
€1.8m
2024 · €1.5m+€293,022
Cash
€724,500
2024 · €418,680+€305,820
Balance sheet total
€3.0m
2024 · €2.9m+€169,407
Largest movements
Assets
- Cash +€305,820
up €305,820 (+73.0%), from €418,680 to €724,500
mainly Net result for the year (+€497,627) and Depreciation (+€247,110)
- Tangible fixed assets -€173,966
down €173,966 (-7.7%), from €2.3m to €2.1m
of which Plant, machinery and equipment: -€131,733
Equity and liabilities
- Reserves +€293,022
up €293,022 (+19.2%), from €1.5m to €1.8m
of which Distributable reserves: +€306,816
- Debts after one year -€150,314
down €150,314 (-15.7%), from €954,755 to €804,440
- Tax, wage and social debts +€52,115
up €52,115 (+135.2%), from €38,554 to €90,669
of which Taxes: +€44,647
Income statement
- Financial income +€234,476
up €234,476 (+334.0%), from €70,200 to €304,676
- Gross operating margin +€131,512
up €131,512 (+10.7%), from €1.2m to €1.4m
- Taxes +€74,970
up €74,970 (+92.4%), from €81,159 to €156,130
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
€215,719
Gross operating margin
+€131,512
Staff costs
-€2,559
Depreciation
-€11,222
Other operating charges
+€483
Other operating items
+€1,545
Financial income
+€234,476
Financial charges
+€2,645
Taxes
-€74,970
Result 2025
€497,627
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
+€763,634
Investment
-€73,144
Financing
-€384,670
Cash 2024
€418,680
From operations (derived)
+€763,634
Net result for the year
+€497,627
Depreciation
+€247,110
Stocks and contracts
-€17,773
Receivables within one year
-€17,939
Deferred charges and accrued income
-€1,841
Provisions
-€4,598
Trade debts
+€13,253
Tax, wage and social debts
+€52,115
Other debts
-€3,556
Accrued charges and deferred income
-€764
Investment (derived)
-€73,144
Investment in fixed assets (net)
-€73,144
Financing
-€384,670
Debts after one year
-€150,314
Current portion of long-term debt
-€29,750
Contributions, distributions and other
-€204,606
Cash 2025
€724,500
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,860,850 | €3,030,257 | +€169,407 | +5.9% |
| Fixed assets | 21/28 | €2,270,314 | €2,096,348 | -€173,966 | -7.7% |
| Tangible fixed assets | 22/27 | €2,270,314 | €2,096,348 | -€173,966 | -7.7% |
| Land and buildings | 22 | €1,192,775 | €1,163,025 | -€29,750 | -2.5% |
| Plant, machinery and equipment | 23 | €1,012,230 | €880,497 | -€131,733 | -13.0% |
| Furniture and vehicles | 24 | €53,159 | €42,295 | -€10,864 | -20.4% |
| Other tangible fixed assets | 26 | €12,150 | €10,531 | -€1,619 | -13.3% |
| Current assets | 29/58 | €590,536 | €933,909 | +€343,373 | +58.1% |
| Stocks and contracts in progress | 3 | €127,422 | €145,194 | +€17,773 | +13.9% |
| Stocks | 30/36 | €127,422 | €145,194 | +€17,773 | +13.9% |
| Amounts receivable within one year | 40/41 | €33,903 | €51,842 | +€17,939 | +52.9% |
| Trade receivables | 40 | €32,995 | €48,343 | +€15,348 | +46.5% |
| Other amounts receivable | 41 | €907 | €3,499 | +€2,591 | +285.6% |
| Cash at bank and in hand | 54/58 | €418,680 | €724,500 | +€305,820 | +73.0% |
| Deferred charges and accrued income | 490/1 | €10,532 | €12,373 | +€1,841 | +17.5% |
| Total equity and liabilities | 10/49 | €2,860,850 | €3,030,257 | +€169,407 | +5.9% |
| Equity | 10/15 | €1,543,323 | €1,836,344 | +€293,022 | +19.0% |
| Contributions | 10/11 | €18,551 | €18,551 | = | 0.0% |
| Reserves | 13 | €1,524,772 | €1,817,794 | +€293,022 | +19.2% |
| Tax-exempt reserves | 132 | €121,024 | €107,230 | -€13,795 | -11.4% |
| Distributable reserves | 133 | €1,403,748 | €1,710,564 | +€306,816 | +21.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €40,341 | €35,743 | -€4,598 | -11.4% |
| Deferred taxes | 168 | €40,341 | €35,743 | -€4,598 | -11.4% |
| Amounts payable | 17/49 | €1,277,186 | €1,158,170 | -€119,016 | -9.3% |
| Amounts payable after more than one year | 17 | €954,755 | €804,440 | -€150,314 | -15.7% |
| Financial debts | 170/4 | €954,755 | €804,440 | -€150,314 | -15.7% |
| Amounts payable within one year | 42/48 | €307,493 | €339,555 | +€32,062 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €180,064 | €150,314 | -€29,750 | -16.5% |
| Trade debts | 44 | €21,804 | €35,057 | +€13,253 | +60.8% |
| Suppliers | 440/4 | €21,804 | €35,057 | +€13,253 | +60.8% |
| Taxes, remuneration and social security | 45 | €38,554 | €90,669 | +€52,115 | +135.2% |
| Taxes | 450/3 | €38,554 | €83,201 | +€44,647 | +115.8% |
| Remuneration and social security | 454/9 | - | €7,468 | +€7,468 | |
| Other amounts payable | 47/48 | €67,071 | €63,515 | -€3,556 | -5.3% |
| Accrued charges and deferred income | 492/3 | €14,938 | €14,174 | -€764 | -5.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €716,666 | €719,225 | +€2,559 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235,888 | €247,110 | +€11,222 | +4.8% |
| Other operating charges | 640/8 | €35,060 | €34,578 | -€483 | -1.4% |
| Non-recurring operating charges | 66A | €1,364 | -€181 | -€1,545 | |
| Gross operating margin | 9900 | €1,233,592 | €1,365,104 | +€131,512 | +10.7% |
| Operating profit (loss) | 9901 | €244,613 | €364,372 | +€119,759 | +49.0% |
| Financial income | 75/76B | €70,200 | €304,676 | +€234,476 | +334.0% |
| Recurring financial income | 75 | €70,200 | €304,676 | +€234,476 | +334.0% |
| Financial charges | 65/66B | €22,533 | €19,889 | -€2,645 | -11.7% |
| Recurring financial charges | 65 | €22,533 | €19,889 | -€2,645 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €292,280 | €649,159 | +€356,879 | +122.1% |
| Transfer from deferred taxes | 780 | €4,598 | €4,598 | = | 0.0% |
| Income taxes | 67/77 | €81,159 | €156,130 | +€74,970 | +92.4% |
| Profit (loss) for the period | 9904 | €215,719 | €497,627 | +€281,909 | +130.7% |
| Transfer from tax-exempt reserves | 789 | €13,795 | €13,795 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €229,513 | €511,422 | +€281,909 | +122.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.