Varkenszorg: 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.
Varkenszorg
Largest movements
- Deferred charges and accrued income +€11,691
up €11,691 (+506%), from €2,312 to €14,003
- Cash +€7,635
up €7,635 (+46.7%), from €16,340 to €23,975
mainly Depreciation (+€55,460) and Net result for the year (+€15,209)
- Receivables within one year -€7,249
down €7,249 (-6.5%), from €111,992 to €104,743
of which Other amounts receivable: -€9,899
- Tangible fixed assets -€5,921
down €5,921 (-2.5%), from €238,335 to €232,414
of which Land and buildings: -€8,822
- Reserves +€15,209
up €15,209 (+15.7%), from €96,860 to €112,069
of which Distributable reserves: +€15,209
- Trade debts -€11,654
down €11,654 (-7.0%), from €165,497 to €153,843
- Staff costs +€27,132
up €27,132 (+22.0%), from €123,186 to €150,319
- Gross operating margin +€24,464
up €24,464 (+10.3%), from €237,248 to €261,712
- Depreciation -€11,311
down €11,311 (-16.9%), from €66,771 to €55,460
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 | €369,451 | €375,606 | +€6,156 | +1.7% |
| Fixed assets | 21/28 | €238,807 | €232,886 | -€5,921 | -2.5% |
| Tangible fixed assets | 22/27 | €238,335 | €232,414 | -€5,921 | -2.5% |
| Land and buildings | 22 | €163,586 | €154,764 | -€8,822 | -5.4% |
| Plant, machinery and equipment | 23 | €30,265 | €22,850 | -€7,415 | -24.5% |
| Other tangible fixed assets | 26 | €44,484 | €54,800 | +€10,316 | +23.2% |
| Financial fixed assets | 28 | €472 | €472 | = | 0.0% |
| Current assets | 29/58 | €130,644 | €142,720 | +€12,077 | +9.2% |
| Amounts receivable within one year | 40/41 | €111,992 | €104,743 | -€7,249 | -6.5% |
| Trade receivables | 40 | €93,848 | €96,498 | +€2,650 | +2.8% |
| Other amounts receivable | 41 | €18,144 | €8,245 | -€9,899 | -54.6% |
| Cash at bank and in hand | 54/58 | €16,340 | €23,975 | +€7,635 | +46.7% |
| Deferred charges and accrued income | 490/1 | €2,312 | €14,003 | +€11,691 | +506% |
| Total equity and liabilities | 10/49 | €369,451 | €375,606 | +€6,156 | +1.7% |
| Equity | 10/15 | €186,860 | €202,069 | +€15,209 | +8.1% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €96,860 | €112,069 | +€15,209 | +15.7% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €87,860 | €103,069 | +€15,209 | +17.3% |
| Amounts payable | 17/49 | €182,591 | €173,538 | -€9,053 | -5.0% |
| Amounts payable within one year | 42/48 | €182,591 | €173,538 | -€9,053 | -5.0% |
| Trade debts | 44 | €165,497 | €153,843 | -€11,654 | -7.0% |
| Suppliers | 440/4 | €165,497 | €153,843 | -€11,654 | -7.0% |
| Taxes, remuneration and social security | 45 | €17,094 | €19,694 | +€2,601 | +15.2% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €17,094 | €19,694 | +€2,601 | +15.2% |
| Non-recurring operating income | 76A | €8,487 | €7,635 | -€852 | -10.0% |
| Remuneration, social security and pensions | 62 | €123,186 | €150,319 | +€27,132 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,771 | €55,460 | -€11,311 | -16.9% |
| Other operating charges | 640/8 | €2,021 | €2,263 | +€243 | +12.0% |
| Non-recurring operating charges | 66A | €11,860 | €37,483 | +€25,623 | +216% |
| Gross operating margin | 9900 | €237,248 | €261,712 | +€24,464 | +10.3% |
| Operating profit (loss) | 9901 | €33,410 | €16,188 | -€17,222 | -51.5% |
| Financial income | 75/76B | €717 | €257 | -€460 | -64.1% |
| Recurring financial income | 75 | €717 | €257 | -€460 | -64.1% |
| Financial charges | 65/66B | €1,211 | €1,236 | +€25 | +2.1% |
| Recurring financial charges | 65 | €1,211 | €1,236 | +€25 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €32,916 | €15,209 | -€17,707 | -53.8% |
| Profit (loss) for the period | 9904 | €32,916 | €15,209 | -€17,707 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,916 | €15,209 | -€17,707 | -53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.