VDS - NUTRITION: what changed
What changed
VDS - NUTRITION
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
filed annual accounts (NBB)
Net result for the year
€186,934
2024 · €220,314-€33,380
Equity
€194,877
2024 · €262,942-€68,066
Cash
€374,262
2024 · €381,571-€7,308
Balance sheet total
€704,712
2024 · €715,666-€10,954
Largest movements
Assets
- Cash -€7,308
down €7,308 (-1.9%), from €381,571 to €374,262
mainly Contributions, distributions and other (-€255,000) and Trade debts (-€49,311)
Equity and liabilities
- Other debts +€105,000
up €105,000 (+70.0%), from €150,000 to €255,000
- Profit (loss) carried forward -€68,066
down €68,066 (-39.0%), from €174,642 to €106,577
- Trade debts -€49,311
down €49,311 (-16.5%), from €299,534 to €250,223
Income statement
- Gross operating margin -€44,793
down €44,793 (-15.4%), from €291,423 to €246,630
- Taxes -€11,214
down €11,214 (-15.3%), from €73,525 to €62,311
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
€220,314
Gross operating margin
-€44,793
Other operating charges
-€1,634
Financial income
+€1,830
Financial charges
+€4
Taxes
+€11,214
Result 2025
€186,934
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
+€247,692
Investment
€0
Financing
-€255,000
Cash 2024
€381,571
From operations (derived)
+€247,692
Net result for the year
+€186,934
Receivables within one year
+€3,656
Deferred charges and accrued income
-€10
Trade debts
-€49,311
Tax, wage and social debts
+€1,423
Other debts
+€105,000
Financing
-€255,000
Contributions, distributions and other
-€255,000
Cash 2025
€374,262
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €715,666 | €704,712 | -€10,954 | -1.5% |
| Current assets | 29/58 | €715,666 | €704,712 | -€10,954 | -1.5% |
| Amounts receivable within one year | 40/41 | €332,917 | €329,262 | -€3,656 | -1.1% |
| Trade receivables | 40 | €322,682 | €312,169 | -€10,513 | -3.3% |
| Other amounts receivable | 41 | €10,236 | €17,093 | +€6,857 | +67.0% |
| Cash at bank and in hand | 54/58 | €381,571 | €374,262 | -€7,308 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,178 | €1,188 | +€10 | +0.9% |
| Total equity and liabilities | 10/49 | €715,666 | €704,712 | -€10,954 | -1.5% |
| Equity | 10/15 | €262,942 | €194,877 | -€68,066 | -25.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €25,300 | €25,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,642 | €106,577 | -€68,066 | -39.0% |
| Amounts payable | 17/49 | €452,724 | €509,836 | +€57,112 | +12.6% |
| Amounts payable within one year | 42/48 | €452,724 | €509,836 | +€57,112 | +12.6% |
| Trade debts | 44 | €299,534 | €250,223 | -€49,311 | -16.5% |
| Suppliers | 440/4 | €299,534 | €250,223 | -€49,311 | -16.5% |
| Taxes, remuneration and social security | 45 | €3,190 | €4,613 | +€1,423 | +44.6% |
| Taxes | 450/3 | €3,190 | €4,613 | +€1,423 | +44.6% |
| Other amounts payable | 47/48 | €150,000 | €255,000 | +€105,000 | +70.0% |
| Other operating charges | 640/8 | €571 | €2,205 | +€1,634 | +286% |
| Gross operating margin | 9900 | €291,423 | €246,630 | -€44,793 | -15.4% |
| Operating profit (loss) | 9901 | €290,852 | €244,425 | -€46,427 | -16.0% |
| Financial income | 75/76B | €3,093 | €4,924 | +€1,830 | +59.2% |
| Recurring financial income | 75 | €3,093 | €4,924 | +€1,830 | +59.2% |
| Financial charges | 65/66B | €106 | €103 | -€4 | -3.3% |
| Recurring financial charges | 65 | €106 | €103 | -€4 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €293,839 | €249,246 | -€44,594 | -15.2% |
| Income taxes | 67/77 | €73,525 | €62,311 | -€11,214 | -15.3% |
| Profit (loss) for the period | 9904 | €220,314 | €186,934 | -€33,380 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €220,314 | €186,934 | -€33,380 | -15.2% |
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 2 November 2026 via checked.be.