VELMA FRUIT: 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.
VELMA FRUIT
Largest movements
- Receivables within one year -€2.2m
down €2.2m (-66.1%), from €3.3m to €1.1m
of which Trade receivables: -€2.1m
- Cash +€108,632
up €108,632 (+50,929%), from €213 to €108,845
mainly Receivables within one year (+€2.2m) and Debts after one year (+€404,086)
- Advances received -€1.2m
no longer reported in 2025 (was €1.2m)
- Trade debts -€784,774
down €784,774 (-88.4%), from €887,890 to €103,116
- Short-term financial debts -€650,000
no longer reported in 2025 (was €650,000)
- Debts after one year +€404,086
up €404,086 (+52.5%), from €769,933 to €1.2m
- Current portion of long-term debt +€106,845
up €106,845 (+143%), from €74,665 to €181,511
- Gross operating margin -€72,781
down €72,781 (-25.7%), from €283,642 to €210,861
- Depreciation -€14,107
down €14,107 (-12.8%), from €109,934 to €95,827
- Financial charges -€13,197
down €13,197 (-13.0%), from €101,191 to €87,994
- Taxes +€10,915
new in 2025: €10,915
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 | €7,691,466 | €5,550,447 | -€2.1m | -27.8% |
| Fixed assets | 21/28 | €4,322,645 | €4,256,582 | -€66,064 | -1.5% |
| Tangible fixed assets | 22/27 | €4,314,427 | €4,248,364 | -€66,064 | -1.5% |
| Land and buildings | 22 | €4,037,717 | €4,010,753 | -€26,964 | -0.7% |
| Plant, machinery and equipment | 23 | €15,279 | €37,906 | +€22,627 | +148% |
| Furniture and vehicles | 24 | €346 | €3,068 | +€2,722 | +786% |
| Leasing and similar rights | 25 | €261,085 | €196,637 | -€64,449 | -24.7% |
| Financial fixed assets | 28 | €8,218 | €8,218 | = | 0.0% |
| Current assets | 29/58 | €3,368,821 | €1,293,866 | -€2.1m | -61.6% |
| Amounts receivable within one year | 40/41 | €3,341,547 | €1,133,237 | -€2.2m | -66.1% |
| Trade receivables | 40 | €2,722,633 | €634,711 | -€2.1m | -76.7% |
| Other amounts receivable | 41 | €618,915 | €498,527 | -€120,388 | -19.5% |
| Cash at bank and in hand | 54/58 | €213 | €108,845 | +€108,632 | +50,929% |
| Deferred charges and accrued income | 490/1 | €27,060 | €51,783 | +€24,722 | +91.4% |
| Total equity and liabilities | 10/49 | €7,691,466 | €5,550,447 | -€2.1m | -27.8% |
| Equity | 10/15 | €3,898,318 | €3,905,268 | +€6,950 | +0.2% |
| Contributions | 10/11 | €640,307 | €640,307 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Contributions outside capital | 11 | €20,573 | €20,573 | = | 0.0% |
| Share premium | 1100/10 | €20,573 | €20,573 | = | 0.0% |
| Revaluation surpluses | 12 | €2,818,414 | €2,818,414 | = | 0.0% |
| Reserves | 13 | €439,597 | €446,547 | +€6,950 | +1.6% |
| Non-distributable reserves | 130/1 | €37,448 | €37,448 | = | 0.0% |
| Legal reserve | 130 | €37,448 | €37,448 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,709 | €26,709 | = | 0.0% |
| Distributable reserves | 133 | €375,439 | €382,390 | +€6,950 | +1.9% |
| Amounts payable | 17/49 | €3,793,149 | €1,645,179 | -€2.1m | -56.6% |
| Amounts payable after more than one year | 17 | €769,933 | €1,174,019 | +€404,086 | +52.5% |
| Financial debts | 170/4 | €769,933 | €1,174,019 | +€404,086 | +52.5% |
| Amounts payable within one year | 42/48 | €3,013,666 | €471,160 | -€2.5m | -84.4% |
| Current portion of amounts payable after more than one year | 42 | €74,665 | €181,511 | +€106,845 | +143% |
| Financial debts | 43 | €650,000 | - | -€650,000 | |
| Credit institutions | 430/8 | €650,000 | - | -€650,000 | |
| Trade debts | 44 | €887,890 | €103,116 | -€784,774 | -88.4% |
| Suppliers | 440/4 | €887,890 | €103,116 | -€784,774 | -88.4% |
| Advances received on contracts in progress | 46 | €1,222,299 | - | -€1.2m | |
| Taxes, remuneration and social security | 45 | €6,609 | €14,332 | +€7,723 | +117% |
| Taxes | 450/3 | €6,609 | €14,332 | +€7,723 | +117% |
| Other amounts payable | 47/48 | €172,202 | €172,202 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,550 | - | -€9,550 | |
| Remuneration, social security and pensions | 62 | €463 | - | -€463 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,934 | €95,827 | -€14,107 | -12.8% |
| Other operating charges | 640/8 | €8,408 | €9,298 | +€890 | +10.6% |
| Gross operating margin | 9900 | €283,642 | €210,861 | -€72,781 | -25.7% |
| Operating profit (loss) | 9901 | €164,837 | €105,737 | -€59,100 | -35.9% |
| Financial income | 75/76B | €1 | €123 | +€122 | +23,081% |
| Recurring financial income | 75 | €1 | €123 | +€122 | +23,081% |
| Financial charges | 65/66B | €101,191 | €87,994 | -€13,197 | -13.0% |
| Recurring financial charges | 65 | €101,191 | €87,994 | -€13,197 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €63,646 | €17,865 | -€45,781 | -71.9% |
| Income taxes | 67/77 | - | €10,915 | +€10,915 | |
| Profit (loss) for the period | 9904 | €63,646 | €6,950 | -€56,696 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,646 | €6,950 | -€56,696 | -89.1% |
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.