VANDENBOSSCHE: what changed
What changed
VANDENBOSSCHE
NACE 47.221, Retail sale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
€92,036
2024 · €89,051+€2,985
Equity
€352,416
2024 · €260,380+€92,036
Cash
€130,174
2024 · €168,153-€37,979
Balance sheet total
€568,858
2024 · €623,915-€55,058
Largest movements
Assets
- Cash -€37,979
down €37,979 (-22.6%), from €168,153 to €130,174
mainly Trade debts (-€81,137) and Other debts (-€38,722)
- Tangible fixed assets -€7,341
down €7,341 (-39.2%), from €18,710 to €11,370
of which Furniture and vehicles: -€7,963
- Stocks and contracts -€7,204
down €7,204 (-28.9%), from €24,914 to €17,710
Equity and liabilities
- Reserves +€92,036
up €92,036 (+46.4%), from €198,380 to €290,416
of which Distributable reserves: +€92,036
- Trade debts -€81,137
down €81,137 (-48.9%), from €165,986 to €84,849
- Other debts -€38,722
down €38,722 (-50.8%), from €76,273 to €37,551
- Tax, wage and social debts -€27,567
down €27,567 (-59.6%), from €46,276 to €18,710
of which Taxes: -€29,718
Income statement
- Staff costs +€37,000
up €37,000 (+613%), from €6,041 to €43,041
- Gross operating margin +€35,126
up €35,126 (+22.6%), from €155,142 to €190,268
- Depreciation -€3,380
down €3,380 (-22.4%), from €15,068 to €11,688
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€89,051
Gross operating margin
+€35,126
Staff costs
-€37,000
Depreciation
+€3,380
Other operating charges
+€547
Financial income
-€313
Financial charges
+€1,364
Taxes
-€120
Result 2025
€92,036
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€33,632
Investment
-€4,347
Financing
€0
Cash 2024
€168,153
From operations (derived)
-€33,632
Net result for the year
+€92,036
Depreciation
+€11,688
Stocks and contracts
+€7,204
Receivables within one year
+€2,533
Trade debts
-€81,137
Tax, wage and social debts
-€27,567
Other debts
-€38,722
Accrued charges and deferred income
+€332
Investment (derived)
-€4,347
Investment in fixed assets (net)
-€4,347
Cash 2025
€130,174
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €623,915 | €568,858 | -€55,058 | -8.8% |
| Fixed assets | 21/28 | €43,500 | €36,159 | -€7,341 | -16.9% |
| Tangible fixed assets | 22/27 | €18,710 | €11,370 | -€7,341 | -39.2% |
| Land and buildings | 22 | €2,297 | €1,136 | -€1,161 | -50.5% |
| Plant, machinery and equipment | 23 | €5,475 | €7,259 | +€1,783 | +32.6% |
| Furniture and vehicles | 24 | €10,938 | €2,975 | -€7,963 | -72.8% |
| Financial fixed assets | 28 | €24,789 | €24,789 | = | 0.0% |
| Current assets | 29/58 | €580,415 | €532,699 | -€47,717 | -8.2% |
| Stocks and contracts in progress | 3 | €24,914 | €17,710 | -€7,204 | -28.9% |
| Stocks | 30/36 | €24,914 | €17,710 | -€7,204 | -28.9% |
| Amounts receivable within one year | 40/41 | €387,348 | €384,815 | -€2,533 | -0.7% |
| Trade receivables | 40 | €376,373 | €334,971 | -€41,401 | -11.0% |
| Other amounts receivable | 41 | €10,976 | €49,844 | +€38,868 | +354% |
| Cash at bank and in hand | 54/58 | €168,153 | €130,174 | -€37,979 | -22.6% |
| Total equity and liabilities | 10/49 | €623,915 | €568,858 | -€55,058 | -8.8% |
| Equity | 10/15 | €260,380 | €352,416 | +€92,036 | +35.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €198,380 | €290,416 | +€92,036 | +46.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €192,180 | €284,216 | +€92,036 | +47.9% |
| Amounts payable | 17/49 | €363,535 | €216,442 | -€147,094 | -40.5% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 175 | - | €75,000 | +€75,000 | |
| Advances received on contracts in progress | 176 | €75,000 | - | -€75,000 | |
| Amounts payable within one year | 42/48 | €288,535 | €141,110 | -€147,425 | -51.1% |
| Trade debts | 44 | €165,986 | €84,849 | -€81,137 | -48.9% |
| Suppliers | 440/4 | €165,986 | €84,849 | -€81,137 | -48.9% |
| Taxes, remuneration and social security | 45 | €46,276 | €18,710 | -€27,567 | -59.6% |
| Taxes | 450/3 | €42,595 | €12,878 | -€29,718 | -69.8% |
| Remuneration and social security | 454/9 | €3,681 | €5,832 | +€2,151 | +58.4% |
| Other amounts payable | 47/48 | €76,273 | €37,551 | -€38,722 | -50.8% |
| Accrued charges and deferred income | 492/3 | - | €332 | +€332 | |
| Remuneration, social security and pensions | 62 | €6,041 | €43,041 | +€37,000 | +613% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,068 | €11,688 | -€3,380 | -22.4% |
| Other operating charges | 640/8 | €3,620 | €3,072 | -€547 | -15.1% |
| Gross operating margin | 9900 | €155,142 | €190,268 | +€35,126 | +22.6% |
| Operating profit (loss) | 9901 | €130,413 | €132,467 | +€2,054 | +1.6% |
| Financial income | 75/76B | €373 | €60 | -€313 | -84.0% |
| Recurring financial income | 75 | €373 | €60 | -€313 | -84.0% |
| Financial charges | 65/66B | €15,800 | €14,436 | -€1,364 | -8.6% |
| Recurring financial charges | 65 | €15,800 | €14,436 | -€1,364 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €114,986 | €118,091 | +€3,105 | +2.7% |
| Income taxes | 67/77 | €25,935 | €26,054 | +€120 | +0.5% |
| Profit (loss) for the period | 9904 | €89,051 | €92,036 | +€2,985 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,051 | €92,036 | +€2,985 | +3.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.