VF BIOSCIENCE: 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.
VF BIOSCIENCE
Largest movements
- Receivables within one year +€541,788
up €541,788 (+73.8%), from €733,988 to €1.3m
of which Other amounts receivable: +€436,430
- Tangible fixed assets +€242,254
up €242,254 (+52.3%), from €462,999 to €705,253
of which Other tangible fixed assets: +€245,152
- Stocks and contracts +€119,445
up €119,445 (+1494.0%), from €7,995 to €127,440
- Cash -€54,249
down €54,249 (-26.2%), from €207,235 to €152,986
mainly Receivables within one year (-€541,788) and Investment in fixed assets (net) (-€298,716)
- Trade debts +€767,483
up €767,483 (+197.5%), from €388,649 to €1.2m
- Other debts +€99,878
up €99,878 (+3400.7%), from €2,937 to €102,815
- Debts after one year -€71,933
down €71,933 (-14.4%), from €501,120 to €429,187
- Profit (loss) carried forward +€26,457
up €26,457 (+5.8%), from €457,637 to €484,094
- Staff costs +€29,433
new in 2025: €29,433
- Depreciation +€12,514
up €12,514 (+28.5%), from €43,948 to €56,462
- Taxes -€12,164
down €12,164 (-23.7%), from €51,291 to €39,127
- Gross operating margin +€8,031
up €8,031 (+3.0%), from €268,812 to €276,843
- Financial income +€7,202
up €7,202 (+589.8%), from €1,221 to €8,423
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 | €1,481,623 | €2,309,040 | +€827,417 | +55.8% |
| Fixed assets | 21/28 | €464,499 | €706,753 | +€242,254 | +52.2% |
| Tangible fixed assets | 22/27 | €462,999 | €705,253 | +€242,254 | +52.3% |
| Land and buildings | 22 | €251,536 | €239,723 | -€11,813 | -4.7% |
| Plant, machinery and equipment | 23 | €17,652 | €22,858 | +€5,206 | +29.5% |
| Furniture and vehicles | 24 | €35,876 | €39,585 | +€3,709 | +10.3% |
| Other tangible fixed assets | 26 | €157,935 | €403,087 | +€245,152 | +155.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,017,124 | €1,602,287 | +€585,163 | +57.5% |
| Stocks and contracts in progress | 3 | €7,995 | €127,440 | +€119,445 | +1494.0% |
| Stocks | 30/36 | €7,995 | €127,440 | +€119,445 | +1494.0% |
| Amounts receivable within one year | 40/41 | €733,988 | €1,275,776 | +€541,788 | +73.8% |
| Trade receivables | 40 | €537,876 | €643,234 | +€105,358 | +19.6% |
| Other amounts receivable | 41 | €196,112 | €632,542 | +€436,430 | +222.5% |
| Current investments | 50/53 | €831 | - | -€831 | |
| Cash at bank and in hand | 54/58 | €207,235 | €152,986 | -€54,249 | -26.2% |
| Deferred charges and accrued income | 490/1 | €67,075 | €46,085 | -€20,990 | -31.3% |
| Total equity and liabilities | 10/49 | €1,481,623 | €2,309,040 | +€827,417 | +55.8% |
| Equity | 10/15 | €476,237 | €502,694 | +€26,457 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €457,637 | €484,094 | +€26,457 | +5.8% |
| Amounts payable | 17/49 | €1,005,386 | €1,806,346 | +€800,960 | +79.7% |
| Amounts payable after more than one year | 17 | €501,120 | €429,187 | -€71,933 | -14.4% |
| Financial debts | 170/4 | €501,120 | €429,187 | -€71,933 | -14.4% |
| Amounts payable within one year | 42/48 | €504,092 | €1,376,660 | +€872,568 | +173.1% |
| Current portion of amounts payable after more than one year | 42 | €112,506 | €113,666 | +€1,160 | +1.0% |
| Trade debts | 44 | €388,649 | €1,156,132 | +€767,483 | +197.5% |
| Suppliers | 440/4 | €388,649 | €1,156,132 | +€767,483 | +197.5% |
| Taxes, remuneration and social security | 45 | - | €4,047 | +€4,047 | |
| Remuneration and social security | 454/9 | - | €4,047 | +€4,047 | |
| Other amounts payable | 47/48 | €2,937 | €102,815 | +€99,878 | +3400.7% |
| Accrued charges and deferred income | 492/3 | €174 | €499 | +€325 | +186.8% |
| Non-recurring operating income | 76A | - | €911 | +€911 | |
| Remuneration, social security and pensions | 62 | - | €29,433 | +€29,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,948 | €56,462 | +€12,514 | +28.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,900 | +€4,900 | |
| Other operating charges | 640/8 | €2,811 | €1,725 | -€1,086 | -38.6% |
| Non-recurring operating charges | 66A | €1,643 | €1,031 | -€612 | -37.2% |
| Gross operating margin | 9900 | €268,812 | €276,843 | +€8,031 | +3.0% |
| Operating profit (loss) | 9901 | €220,410 | €183,292 | -€37,118 | -16.8% |
| Financial income | 75/76B | €1,221 | €8,423 | +€7,202 | +589.8% |
| Recurring financial income | 75 | €1,221 | €8,423 | +€7,202 | +589.8% |
| Financial charges | 65/66B | €21,118 | €26,131 | +€5,013 | +23.7% |
| Recurring financial charges | 65 | €21,118 | €26,131 | +€5,013 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €200,513 | €165,584 | -€34,929 | -17.4% |
| Income taxes | 67/77 | €51,291 | €39,127 | -€12,164 | -23.7% |
| Profit (loss) for the period | 9904 | €149,222 | €126,457 | -€22,765 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €149,222 | €126,457 | -€22,765 | -15.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.