VEGANSA: what changed
Two fiscal 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.
VEGANSA
Largest movements
- Cash -€16,208
down €16,208 (-35.6%), from €45,573 to €29,364
mainly Tax, wage and social debts (-€20,996) and Receivables within one year (-€14,347)
- Receivables within one year +€14,347
up €14,347 (+11.4%), from €125,454 to €139,801
of which Other amounts receivable: +€21,075
- Tangible fixed assets -€11,130
down €11,130 (-33.9%), from €32,786 to €21,656
of which Leasing and similar rights: -€9,678
- Intangible fixed assets -€2,660
down €2,660 (-6.3%), from €42,115 to €39,455
- Tax, wage and social debts -€20,996
down €20,996 (-59.5%), from €35,274 to €14,279
of which Taxes: -€20,996
- Reserves +€9,853
up €9,853 (+9.6%), from €102,752 to €112,604
- Debts after one year -€9,504
down €9,504 (-19.4%), from €48,947 to €39,443
- Trade debts +€6,900
up €6,900 (+98.0%), from €7,042 to €13,942
- Gross operating margin -€41,886
down €41,886 (-50.0%), from €83,745 to €41,859
- Taxes -€9,781
down €9,781 (-74.9%), from €13,053 to €3,272
- Depreciation +€7,007
up €7,007 (+47.6%), from €14,721 to €21,729
- Financial charges +€1,575
up €1,575 (+60.8%), from €2,591 to €4,167
- Other operating charges +€984
up €984 (+52.0%), from €1,890 to €2,873
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,928 | €230,276 | -€15,652 | -6.4% |
| Fixed assets | 21/28 | €74,901 | €61,111 | -€13,790 | -18.4% |
| Intangible fixed assets | 21 | €42,115 | €39,455 | -€2,660 | -6.3% |
| Tangible fixed assets | 22/27 | €32,786 | €21,656 | -€11,130 | -33.9% |
| Plant, machinery and equipment | 23 | €2,189 | €1,049 | -€1,140 | -52.1% |
| Furniture and vehicles | 24 | €400 | €88 | -€312 | -78.0% |
| Leasing and similar rights | 25 | €30,197 | €20,519 | -€9,678 | -32.0% |
| Current assets | 29/58 | €171,027 | €169,165 | -€1,862 | -1.1% |
| Amounts receivable within one year | 40/41 | €125,454 | €139,801 | +€14,347 | +11.4% |
| Trade receivables | 40 | €9,803 | €3,074 | -€6,728 | -68.6% |
| Other amounts receivable | 41 | €115,651 | €136,726 | +€21,075 | +18.2% |
| Cash at bank and in hand | 54/58 | €45,573 | €29,364 | -€16,208 | -35.6% |
| Total equity and liabilities | 10/49 | €245,928 | €230,276 | -€15,652 | -6.4% |
| Equity | 10/15 | €108,752 | €118,604 | +€9,853 | +9.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €102,752 | €112,604 | +€9,853 | +9.6% |
| Distributable reserves | 133 | €102,752 | €112,604 | +€9,853 | +9.6% |
| Amounts payable | 17/49 | €137,177 | €111,672 | -€25,505 | -18.6% |
| Amounts payable after more than one year | 17 | €48,947 | €39,443 | -€9,504 | -19.4% |
| Financial debts | 170/4 | €48,947 | €39,443 | -€9,504 | -19.4% |
| Amounts payable within one year | 42/48 | €88,230 | €72,229 | -€16,000 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €9,136 | €9,504 | +€369 | +4.0% |
| Trade debts | 44 | €7,042 | €13,942 | +€6,900 | +98.0% |
| Suppliers | 440/4 | €7,042 | €13,942 | +€6,900 | +98.0% |
| Taxes, remuneration and social security | 45 | €35,274 | €14,279 | -€20,996 | -59.5% |
| Taxes | 450/3 | €32,374 | €11,379 | -€20,996 | -64.9% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | €36,778 | €34,504 | -€2,273 | -6.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,721 | €21,729 | +€7,007 | +47.6% |
| Other operating charges | 640/8 | €1,890 | €2,873 | +€984 | +52.0% |
| Gross operating margin | 9900 | €83,745 | €41,859 | -€41,886 | -50.0% |
| Operating profit (loss) | 9901 | €67,134 | €17,256 | -€49,877 | -74.3% |
| Financial income | 75/76B | €37 | €35 | -€2 | -6.0% |
| Recurring financial income | 75 | €37 | €35 | -€2 | -6.0% |
| Financial charges | 65/66B | €2,591 | €4,167 | +€1,575 | +60.8% |
| Recurring financial charges | 65 | €2,591 | €4,167 | +€1,575 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | €64,579 | €13,124 | -€51,455 | -79.7% |
| Income taxes | 67/77 | €13,053 | €3,272 | -€9,781 | -74.9% |
| Profit (loss) for the period | 9904 | €51,527 | €9,853 | -€41,674 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,527 | €9,853 | -€41,674 | -80.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.