Vandepitte Agro: 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.
Vandepitte Agro
Largest movements
- Tangible fixed assets -€64,127
down €64,127 (-9.5%), from €676,394 to €612,267
of which Land and buildings: -€41,605
- Cash +€28,477
up €28,477 (+146%), from €19,480 to €47,957
mainly Depreciation (+€69,050) and Net result for the year (+€28,454)
- Receivables within one year -€24,832
down €24,832 (-25.6%), from €97,001 to €72,169
of which Trade receivables: -€13,109
- Stocks and contracts -€18,273
down €18,273 (-6.4%), from €283,391 to €265,118
- Debts after one year -€64,300
down €64,300 (-12.1%), from €530,966 to €466,666
- Trade debts -€34,170
down €34,170 (-28.5%), from €119,843 to €85,673
- Reserves +€28,454
up €28,454 (+9.3%), from €304,676 to €333,130
of which Distributable reserves: +€28,454
- Current portion of long-term debt -€13,092
down €13,092 (-16.9%), from €77,392 to €64,300
- Gross operating margin -€99,940
down €99,940 (-37.6%), from €265,944 to €166,004
- Depreciation -€58,056
down €58,056 (-45.7%), from €127,106 to €69,050
- Staff costs -€21,224
down €21,224 (-30.9%), from €68,751 to €47,526
- Write-downs -€16,051
down €16,051 (-100%), from €16,051 to €0
- Financial charges -€9,516
down €9,516 (-56.6%), from €16,815 to €7,298
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 | €1,084,533 | €1,005,643 | -€78,890 | -7.3% |
| Fixed assets | 21/28 | €677,644 | €613,517 | -€64,127 | -9.5% |
| Tangible fixed assets | 22/27 | €676,394 | €612,267 | -€64,127 | -9.5% |
| Land and buildings | 22 | €566,374 | €524,769 | -€41,605 | -7.3% |
| Plant, machinery and equipment | 23 | €61,334 | €46,777 | -€14,557 | -23.7% |
| Furniture and vehicles | 24 | €47,281 | €39,941 | -€7,340 | -15.5% |
| Other tangible fixed assets | 26 | €1,405 | €780 | -€624 | -44.5% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €406,889 | €392,125 | -€14,764 | -3.6% |
| Stocks and contracts in progress | 3 | €283,391 | €265,118 | -€18,273 | -6.4% |
| Stocks | 30/36 | €283,391 | €265,118 | -€18,273 | -6.4% |
| Amounts receivable within one year | 40/41 | €97,001 | €72,169 | -€24,832 | -25.6% |
| Trade receivables | 40 | €84,916 | €71,807 | -€13,109 | -15.4% |
| Other amounts receivable | 41 | €12,086 | €362 | -€11,724 | -97.0% |
| Cash at bank and in hand | 54/58 | €19,480 | €47,957 | +€28,477 | +146% |
| Deferred charges and accrued income | 490/1 | €7,017 | €6,881 | -€136 | -1.9% |
| Total equity and liabilities | 10/49 | €1,084,533 | €1,005,643 | -€78,890 | -7.3% |
| Equity | 10/15 | €324,676 | €353,130 | +€28,454 | +8.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €304,676 | €333,130 | +€28,454 | +9.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €304,676 | €333,130 | +€28,454 | +9.3% |
| Amounts payable | 17/49 | €759,856 | €652,512 | -€107,344 | -14.1% |
| Amounts payable after more than one year | 17 | €530,966 | €466,666 | -€64,300 | -12.1% |
| Financial debts | 170/4 | €530,966 | €466,666 | -€64,300 | -12.1% |
| Amounts payable within one year | 42/48 | €224,511 | €184,743 | -€39,768 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €77,392 | €64,300 | -€13,092 | -16.9% |
| Trade debts | 44 | €119,843 | €85,673 | -€34,170 | -28.5% |
| Suppliers | 440/4 | €119,843 | €85,673 | -€34,170 | -28.5% |
| Taxes, remuneration and social security | 45 | €17,565 | €24,503 | +€6,937 | +39.5% |
| Taxes | 450/3 | €12,405 | €20,033 | +€7,628 | +61.5% |
| Remuneration and social security | 454/9 | €5,160 | €4,469 | -€691 | -13.4% |
| Other amounts payable | 47/48 | €9,711 | €10,268 | +€557 | +5.7% |
| Accrued charges and deferred income | 492/3 | €4,379 | €1,103 | -€3,276 | -74.8% |
| Remuneration, social security and pensions | 62 | €68,751 | €47,526 | -€21,224 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,106 | €69,050 | -€58,056 | -45.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,051 | €0 | -€16,051 | -100% |
| Other operating charges | 640/8 | €7,784 | €4,151 | -€3,633 | -46.7% |
| Gross operating margin | 9900 | €265,944 | €166,004 | -€99,940 | -37.6% |
| Operating profit (loss) | 9901 | €46,253 | €45,277 | -€976 | -2.1% |
| Financial income | 75/76B | €1,638 | €1,598 | -€41 | -2.5% |
| Recurring financial income | 75 | €1,638 | €1,598 | -€41 | -2.5% |
| Financial charges | 65/66B | €16,815 | €7,298 | -€9,516 | -56.6% |
| Recurring financial charges | 65 | €16,815 | €7,298 | -€9,516 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €31,077 | €39,577 | +€8,500 | +27.4% |
| Income taxes | 67/77 | €7,951 | €11,123 | +€3,172 | +39.9% |
| Profit (loss) for the period | 9904 | €23,126 | €28,454 | +€5,328 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,126 | €28,454 | +€5,328 | +23.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.