VC FOOD: 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.
VC FOOD
Largest movements
- Receivables within one year +€14,173
up €14,173 (+84.5%), from €16,768 to €30,941
of which Trade receivables: +€16,430
- Tangible fixed assets -€5,518
down €5,518 (-17.8%), from €31,088 to €25,570
of which Plant, machinery and equipment: -€2,849
- Stocks and contracts +€3,082
up €3,082 (+21.5%), from €14,340 to €17,423
- Other debts +€7,821
up €7,821 (+11.3%), from €68,969 to €76,790
- Tax, wage and social debts +€5,475
up €5,475 (+263%), from €2,081 to €7,556
of which Remuneration and social security: +€4,780
- Trade debts -€3,542
down €3,542 (-17.5%), from €20,208 to €16,666
- Other operating charges -€6,442
down €6,442 (-80.9%), from €7,962 to €1,520
- Gross operating margin -€4,620
down €4,620 (-7.5%), from €61,468 to €56,847
- Depreciation +€2,857
up €2,857 (+39.4%), from €7,256 to €10,113
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 | €87,920 | €98,443 | +€10,523 | +12.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €34,581 | €28,348 | -€6,232 | -18.0% |
| Intangible fixed assets | 21 | €3,493 | €2,779 | -€714 | -20.4% |
| Tangible fixed assets | 22/27 | €31,088 | €25,570 | -€5,518 | -17.8% |
| Plant, machinery and equipment | 23 | €20,991 | €18,142 | -€2,849 | -13.6% |
| Other tangible fixed assets | 26 | €10,097 | €7,428 | -€2,669 | -26.4% |
| Current assets | 29/58 | €53,340 | €70,095 | +€16,755 | +31.4% |
| Stocks and contracts in progress | 3 | €14,340 | €17,423 | +€3,082 | +21.5% |
| Stocks | 30/36 | €14,340 | €17,423 | +€3,082 | +21.5% |
| Amounts receivable within one year | 40/41 | €16,768 | €30,941 | +€14,173 | +84.5% |
| Trade receivables | 40 | €12,869 | €29,299 | +€16,430 | +128% |
| Other amounts receivable | 41 | €3,898 | €1,642 | -€2,257 | -57.9% |
| Cash at bank and in hand | 54/58 | €22,232 | €21,731 | -€501 | -2.3% |
| Total equity and liabilities | 10/49 | €87,920 | €98,443 | +€10,523 | +12.0% |
| Equity | 10/15 | -€3,338 | -€2,569 | +€769 | +23.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,338 | -€7,569 | +€769 | +9.2% |
| Amounts payable | 17/49 | €91,258 | €101,012 | +€9,754 | +10.7% |
| Amounts payable within one year | 42/48 | €91,258 | €101,012 | +€9,754 | +10.7% |
| Trade debts | 44 | €20,208 | €16,666 | -€3,542 | -17.5% |
| Suppliers | 440/4 | €20,208 | €16,666 | -€3,542 | -17.5% |
| Taxes, remuneration and social security | 45 | €2,081 | €7,556 | +€5,475 | +263% |
| Taxes | 450/3 | €0 | €694 | +€694 | |
| Remuneration and social security | 454/9 | €2,081 | €6,861 | +€4,780 | +230% |
| Other amounts payable | 47/48 | €68,969 | €76,790 | +€7,821 | +11.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €44,319 | €43,898 | -€421 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,256 | €10,113 | +€2,857 | +39.4% |
| Other operating charges | 640/8 | €7,962 | €1,520 | -€6,442 | -80.9% |
| Non-recurring operating charges | 66A | €296 | - | -€296 | |
| Gross operating margin | 9900 | €61,468 | €56,847 | -€4,620 | -7.5% |
| Operating profit (loss) | 9901 | €1,635 | €1,316 | -€319 | -19.5% |
| Financial income | 75/76B | €426 | €607 | +€181 | +42.5% |
| Recurring financial income | 75 | €426 | €607 | +€181 | +42.5% |
| Financial charges | 65/66B | €1,611 | €1,154 | -€457 | -28.3% |
| Recurring financial charges | 65 | €1,611 | €1,154 | -€457 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €450 | €769 | +€319 | +70.9% |
| Profit (loss) for the period | 9904 | €450 | €769 | +€319 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €450 | €769 | +€319 | +70.9% |
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 24 October 2026 via checked.be.