végét'eaux: 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.
végét'eaux
Largest movements
- Tangible fixed assets +€23,633
up €23,633 (+34.6%), from €68,226 to €91,859
of which Plant, machinery and equipment: +€32,865
- Cash -€5,143
down €5,143 (-4.7%), from €109,444 to €104,301
mainly Investment in fixed assets (net) (-€54,717) and Tax, wage and social debts (-€8,131)
- Intangible fixed assets +€4,447
new in 2025: €4,447
- Receivables within one year +€3,360
up €3,360 (+106.1%), from €3,167 to €6,527
of which Other amounts receivable: +€3,597
- Debts after one year +€16,759
up €16,759 (+55.4%), from €30,241 to €47,000
- Profit (loss) carried forward +€8,244
up €8,244 (+9.6%), from €85,800 to €94,044
- Tax, wage and social debts -€8,131
down €8,131 (-65.0%), from €12,508 to €4,376
of which Taxes: -€7,138
- Current portion of long-term debt +€6,260
up €6,260 (+69.2%), from €9,045 to €15,305
- Depreciation +€12,713
up €12,713 (+91.3%), from €13,924 to €26,637
- Staff costs +€2,653
up €2,653 (+9.2%), from €28,835 to €31,488
- Taxes -€2,224
down €2,224 (-48.1%), from €4,627 to €2,403
- Financial charges +€1,599
up €1,599 (+246.1%), from €650 to €2,249
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.
Cash bridge derived
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 | €184,775 | €209,017 | +€24,242 | +13.1% |
| Fixed assets | 21/28 | €68,226 | €96,306 | +€28,080 | +41.2% |
| Intangible fixed assets | 21 | - | €4,447 | +€4,447 | |
| Tangible fixed assets | 22/27 | €68,226 | €91,859 | +€23,633 | +34.6% |
| Plant, machinery and equipment | 23 | €49,542 | €82,407 | +€32,865 | +66.3% |
| Furniture and vehicles | 24 | €18,683 | €9,452 | -€9,232 | -49.4% |
| Current assets | 29/58 | €116,549 | €112,711 | -€3,838 | -3.3% |
| Amounts receivable within one year | 40/41 | €3,167 | €6,527 | +€3,360 | +106.1% |
| Trade receivables | 40 | €3,167 | €2,930 | -€237 | -7.5% |
| Other amounts receivable | 41 | - | €3,597 | +€3,597 | |
| Cash at bank and in hand | 54/58 | €109,444 | €104,301 | -€5,143 | -4.7% |
| Deferred charges and accrued income | 490/1 | €3,938 | €1,883 | -€2,056 | -52.2% |
| Total equity and liabilities | 10/49 | €184,775 | €209,017 | +€24,242 | +13.1% |
| Equity | 10/15 | €90,800 | €99,044 | +€8,244 | +9.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,800 | €94,044 | +€8,244 | +9.6% |
| Amounts payable | 17/49 | €93,975 | €109,973 | +€15,998 | +17.0% |
| Amounts payable after more than one year | 17 | €30,241 | €47,000 | +€16,759 | +55.4% |
| Financial debts | 170/4 | €30,241 | €47,000 | +€16,759 | +55.4% |
| Amounts payable within one year | 42/48 | €63,734 | €62,972 | -€761 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €9,045 | €15,305 | +€6,260 | +69.2% |
| Trade debts | 44 | €4,556 | €5,586 | +€1,030 | +22.6% |
| Suppliers | 440/4 | €4,556 | €5,586 | +€1,030 | +22.6% |
| Taxes, remuneration and social security | 45 | €12,508 | €4,376 | -€8,131 | -65.0% |
| Taxes | 450/3 | €10,275 | €3,137 | -€7,138 | -69.5% |
| Remuneration and social security | 454/9 | €2,233 | €1,239 | -€993 | -44.5% |
| Other amounts payable | 47/48 | €37,625 | €37,705 | +€80 | +0.2% |
| Remuneration, social security and pensions | 62 | €28,835 | €31,488 | +€2,653 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,924 | €26,637 | +€12,713 | +91.3% |
| Other operating charges | 640/8 | €639 | €702 | +€63 | +9.8% |
| Gross operating margin | 9900 | €71,200 | €71,665 | +€465 | +0.7% |
| Operating profit (loss) | 9901 | €27,802 | €12,838 | -€14,963 | -53.8% |
| Financial income | 75/76B | €29 | €58 | +€29 | +100.8% |
| Recurring financial income | 75 | €29 | €58 | +€29 | +100.8% |
| Financial charges | 65/66B | €650 | €2,249 | +€1,599 | +246.1% |
| Recurring financial charges | 65 | €650 | €2,249 | +€1,599 | +246.1% |
| Profit (loss) for the period before taxes | 9903 | €27,180 | €10,647 | -€16,533 | -60.8% |
| Income taxes | 67/77 | €4,627 | €2,403 | -€2,224 | -48.1% |
| Profit (loss) for the period | 9904 | €22,554 | €8,244 | -€14,309 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,554 | €8,244 | -€14,309 | -63.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.