VEETPLANT: what changed
What changed
VEETPLANT
NACE 01.191, Growing of flowers
filed annual accounts (NBB)
Net result for the year
€15,766
2024 · -€23,265+€39,031
Equity
€306,539
2024 · €290,773+€15,766
Cash
€38,097
2024 · €22,668+€15,429
Balance sheet total
€581,496
2024 · €578,156+€3,339
Largest movements
Assets
- Tangible fixed assets -€38,083
down €38,083 (-15.9%), from €238,985 to €200,902
of which Land and buildings: -€27,780
- Cash +€15,429
up €15,429 (+68.1%), from €22,668 to €38,097
mainly Depreciation (+€49,554) and Trade debts (+€31,162)
- Stocks and contracts +€14,227
up €14,227 (+5.2%), from €272,235 to €286,461
- Deferred charges and accrued income +€10,078
up €10,078 (+80.6%), from €12,503 to €22,580
Equity and liabilities
- Debts after one year -€37,200
down €37,200 (-38.9%), from €95,529 to €58,329
of which Financial debts: -€31,200
- Trade debts +€31,162
up €31,162 (+46.3%), from €67,342 to €98,504
- Profit (loss) carried forward +€15,766
up €15,766 (+64.8%), from €24,323 to €40,089
Income statement
- Gross operating margin +€33,383
up €33,383 (+22.5%), from €148,046 to €181,428
- Other operating charges -€4,281
down €4,281 (-36.6%), from €11,705 to €7,424
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
-€23,265
Gross operating margin
+€33,383
Staff costs
+€630
Depreciation
-€54
Other operating charges
+€4,281
Financial income
-€118
Financial charges
+€910
Taxes
-€0
Result 2025
€15,766
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
+€69,189
Investment
-€11,605
Financing
-€42,155
Cash 2024
€22,668
From operations (derived)
+€69,189
Net result for the year
+€15,766
Depreciation
+€49,554
Stocks and contracts
-€14,227
Receivables within one year
-€1,554
Deferred charges and accrued income
-€10,078
Trade debts
+€31,162
Tax, wage and social debts
+€1,881
Other debts
-€1,549
Accrued charges and deferred income
-€1,766
Investment (derived)
-€11,605
Investment in fixed assets (net)
-€11,605
Financing
-€42,155
Debts after one year
-€37,200
Current portion of long-term debt
-€5,000
Short-term financial debts
+€45
Cash 2025
€38,097
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,156 | €581,496 | +€3,339 | +0.6% |
| Fixed assets | 21/28 | €241,724 | €203,776 | -€37,948 | -15.7% |
| Tangible fixed assets | 22/27 | €238,985 | €200,902 | -€38,083 | -15.9% |
| Land and buildings | 22 | €170,643 | €142,863 | -€27,780 | -16.3% |
| Plant, machinery and equipment | 23 | €62,316 | €46,005 | -€16,312 | -26.2% |
| Furniture and vehicles | 24 | €5,816 | €12,034 | +€6,218 | +107% |
| Other tangible fixed assets | 26 | €210 | €0 | -€210 | -100% |
| Financial fixed assets | 28 | €2,739 | €2,874 | +€135 | +4.9% |
| Current assets | 29/58 | €336,432 | €377,720 | +€41,288 | +12.3% |
| Stocks and contracts in progress | 3 | €272,235 | €286,461 | +€14,227 | +5.2% |
| Stocks | 30/36 | €272,235 | €286,461 | +€14,227 | +5.2% |
| Amounts receivable within one year | 40/41 | €29,027 | €30,581 | +€1,554 | +5.4% |
| Trade receivables | 40 | €19,481 | €21,630 | +€2,149 | +11.0% |
| Other amounts receivable | 41 | €9,546 | €8,951 | -€595 | -6.2% |
| Cash at bank and in hand | 54/58 | €22,668 | €38,097 | +€15,429 | +68.1% |
| Deferred charges and accrued income | 490/1 | €12,503 | €22,580 | +€10,078 | +80.6% |
| Total equity and liabilities | 10/49 | €578,156 | €581,496 | +€3,339 | +0.6% |
| Equity | 10/15 | €290,773 | €306,539 | +€15,766 | +5.4% |
| Contributions | 10/11 | €186,375 | €186,375 | = | 0.0% |
| Reserves | 13 | €80,075 | €80,075 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €80,075 | €80,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,323 | €40,089 | +€15,766 | +64.8% |
| Amounts payable | 17/49 | €287,383 | €274,957 | -€12,426 | -4.3% |
| Amounts payable after more than one year | 17 | €95,529 | €58,329 | -€37,200 | -38.9% |
| Financial debts | 170/4 | €58,750 | €27,550 | -€31,200 | -53.1% |
| Other amounts payable | 178/9 | €36,779 | €30,779 | -€6,000 | -16.3% |
| Amounts payable within one year | 42/48 | €190,088 | €216,628 | +€26,539 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €36,200 | €31,200 | -€5,000 | -13.8% |
| Financial debts | 43 | €65,000 | €65,045 | +€45 | +0.1% |
| Credit institutions | 430/8 | €65,000 | €65,045 | +€45 | +0.1% |
| Trade debts | 44 | €67,342 | €98,504 | +€31,162 | +46.3% |
| Suppliers | 440/4 | €67,342 | €98,504 | +€31,162 | +46.3% |
| Taxes, remuneration and social security | 45 | €11,130 | €13,011 | +€1,881 | +16.9% |
| Taxes | 450/3 | €2,968 | €3,688 | +€719 | +24.2% |
| Remuneration and social security | 454/9 | €8,162 | €9,324 | +€1,162 | +14.2% |
| Other amounts payable | 47/48 | €10,416 | €8,867 | -€1,549 | -14.9% |
| Accrued charges and deferred income | 492/3 | €1,766 | €0 | -€1,766 | -100% |
| Remuneration, social security and pensions | 62 | €101,240 | €100,611 | -€630 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,500 | €49,554 | +€54 | +0.1% |
| Other operating charges | 640/8 | €11,705 | €7,424 | -€4,281 | -36.6% |
| Gross operating margin | 9900 | €148,046 | €181,428 | +€33,383 | +22.5% |
| Operating profit (loss) | 9901 | -€14,400 | €23,840 | +€38,240 | |
| Financial income | 75/76B | €134 | €16 | -€118 | -88.1% |
| Recurring financial income | 75 | €134 | €16 | -€118 | -88.1% |
| Financial charges | 65/66B | €8,999 | €8,090 | -€910 | -10.1% |
| Recurring financial charges | 65 | €8,999 | €7,934 | -€1,066 | -11.8% |
| Non-recurring financial charges | 66B | - | €156 | +€156 | |
| Profit (loss) for the period before taxes | 9903 | -€23,265 | €15,766 | +€39,031 | |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€23,265 | €15,766 | +€39,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,265 | €15,766 | +€39,031 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.