VIRIDE: 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.
What changed
VIRIDE
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €15.6m-€14.3m
Equity
€17.0m
2024 · €53.7m-€36.7m
Cash
€61,424
2024 · €844,638-€783,214
Balance sheet total
€22.1m
2024 · €58.2m-€36.1m
Largest movements
Assets
- Receivables within one year -€39.7m
down €39.7m (-95.0%), from €41.8m to €2.1m
of which Other amounts receivable: -€39.7m
- Financial fixed assets +€2.5m
up €2.5m (+40.8%), from €6.1m to €8.5m
of which Affiliated companies: +€2.5m
- Receivables after one year +€1.7m
up €1.7m (+26.0%), from €6.5m to €8.2m
- Cash -€783,214
down €783,214 (-92.7%), from €844,638 to €61,424
mainly Contributions, distributions and other (-€38.0m) and Investment in fixed assets (net) (-€2.7m)
Equity and liabilities
- Contributions -€27.1m
down €27.1m (-70.8%), from €38.2m to €11.1m
- Reserves -€9.6m
down €9.6m (-62.3%), from €15.5m to €5.8m
- Debts after one year +€1.1m
up €1.1m (+38.9%), from €2.9m to €4.0m
of which Other amounts payable: +€1.7m
Income statement
- Financial income +€1.4m
up €1.4m (+298.8%), from €469,352 to €1.9m
- Financial charges -€300,959
down €300,959, from €289,140 to -€11,819
of which Financial charges: -€302,049
- Taxes +€238,264
up €238,264 (+13075.0%), from €1,822 to €240,087
- Services and other goods +€112,971
up €112,971 (+58.3%), from €193,921 to €306,892
- Staff costs +€97,325
new in 2025: €97,325
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.
Result 2024
€15.6m
Turnover
-€7,375
Other operating income
+€16,927
Goods and materials
-€7,640
Services and other goods
-€112,971
Staff costs
-€97,325
Depreciation
-€14,228
Other operating charges
-€7,367
Other operating items
-€15.5m
Financial income
+€1.4m
Financial charges
+€300,959
Taxes
-€238,264
Result 2025
€1.3m
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.
From operations
+€38.8m
Investment
-€2.7m
Financing
-€36.9m
Cash 2024
€844,638
From operations (derived)
+€38.8m
Net result for the year
+€1.3m
Depreciation
+€26,690
Receivables after one year
-€1.7m
Receivables within one year
+€39.7m
Smaller working-capital items
-€88,095
Other debts
-€464,451
Investment (derived)
-€2.7m
Investment in fixed assets (net)
-€2.7m
Financing
-€36.9m
Debts after one year
+€1.1m
Short-term financial debts
+€22
Contributions, distributions and other
-€38.0m
Cash 2025
€61,424
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,206,928 | €22,142,107 | -€36.1m | -62.0% |
| Fixed assets | 21/28 | €9,002,675 | €11,656,674 | +€2.7m | +29.5% |
| Tangible fixed assets | 22/27 | €2,944,850 | €3,129,938 | +€185,088 | +6.3% |
| Land and buildings | 22 | €2,912,240 | €2,942,512 | +€30,272 | +1.0% |
| Plant, machinery and equipment | 23 | €954 | €702 | -€253 | -26.5% |
| Furniture and vehicles | 24 | €31,656 | €27,712 | -€3,943 | -12.5% |
| Other tangible fixed assets | 26 | - | €159,012 | +€159,012 | |
| Financial fixed assets | 28 | €6,057,825 | €8,526,736 | +€2.5m | +40.8% |
| Affiliated companies | 280/1 | €5,836,723 | €8,336,723 | +€2.5m | +42.8% |
| Participating interests | 280 | €5,836,723 | €8,336,723 | +€2.5m | +42.8% |
| Companies linked by participating interests | 282/3 | €30,000 | - | -€30,000 | |
| Participating interests | 282 | €30,000 | - | -€30,000 | |
| Other financial fixed assets | 284/8 | €191,101 | €190,012 | -€1,089 | -0.6% |
| Shares | 284 | €190,012 | €190,012 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,089 | - | -€1,089 | |
| Current assets | 29/58 | €49,204,254 | €10,485,433 | -€38.7m | -78.7% |
| Amounts receivable after more than one year | 29 | €6,544,555 | €8,246,409 | +€1.7m | +26.0% |
| Other amounts receivable | 291 | €6,544,555 | €8,246,409 | +€1.7m | +26.0% |
| Amounts receivable within one year | 40/41 | €41,765,604 | €2,094,368 | -€39.7m | -95.0% |
| Trade receivables | 40 | €58,281 | €70,751 | +€12,470 | +21.4% |
| Other amounts receivable | 41 | €41,707,323 | €2,023,617 | -€39.7m | -95.1% |
| Cash at bank and in hand | 54/58 | €844,638 | €61,424 | -€783,214 | -92.7% |
| Deferred charges and accrued income | 490/1 | €49,456 | €83,233 | +€33,776 | +68.3% |
| Total equity and liabilities | 10/49 | €58,206,928 | €22,142,107 | -€36.1m | -62.0% |
| Equity | 10/15 | €53,652,248 | €16,975,749 | -€36.7m | -68.4% |
| Contributions | 10/11 | €38,200,400 | €11,144,400 | -€27.1m | -70.8% |
| Reserves | 13 | €15,451,848 | €5,831,348 | -€9.6m | -62.3% |
| Distributable reserves | 133 | €15,451,848 | €5,831,348 | -€9.6m | -62.3% |
| Amounts payable | 17/49 | €4,554,680 | €5,166,359 | +€611,678 | +13.4% |
| Amounts payable after more than one year | 17 | €2,904,763 | €4,035,188 | +€1.1m | +38.9% |
| Financial debts | 170/4 | €2,904,763 | €2,333,335 | -€571,428 | -19.7% |
| Credit institutions | 173 | €2,904,763 | €2,333,335 | -€571,428 | -19.7% |
| Other amounts payable | 178/9 | - | €1,701,853 | +€1.7m | |
| Amounts payable within one year | 42/48 | €1,648,891 | €1,130,607 | -€518,284 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €571,428 | €571,428 | = | 0.0% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €27,118 | €30,228 | +€3,110 | +11.5% |
| Suppliers | 440/4 | €27,118 | €30,228 | +€3,110 | +11.5% |
| Taxes, remuneration and social security | 45 | €331,991 | €275,026 | -€56,966 | -17.2% |
| Taxes | 450/3 | €331,991 | €256,064 | -€75,927 | -22.9% |
| Remuneration and social security | 454/9 | - | €18,961 | +€18,961 | |
| Other amounts payable | 47/48 | €718,353 | €253,903 | -€464,451 | -64.7% |
| Accrued charges and deferred income | 492/3 | €1,026 | €564 | -€463 | -45.1% |
| Operating income | 70/76A | €15,685,483 | €195,255 | -€15.5m | -98.8% |
| Turnover | 70 | €154,690 | €147,315 | -€7,375 | -4.8% |
| Other operating income | 74 | €31,013 | €47,940 | +€16,927 | +54.6% |
| Non-recurring operating income | 76A | €15,499,780 | - | -€15.5m | |
| Operating charges | 60/66A | €245,540 | €515,068 | +€269,529 | +109.8% |
| Goods for resale, raw materials and consumables | 60 | €29,324 | €36,964 | +€7,640 | +26.1% |
| Purchases | 600/8 | €29,324 | €36,964 | +€7,640 | +26.1% |
| Services and other goods | 61 | €193,921 | €306,892 | +€112,971 | +58.3% |
| Remuneration, social security and pensions | 62 | - | €97,325 | +€97,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,462 | €26,690 | +€14,228 | +114.2% |
| Other operating charges | 640/8 | €9,832 | €17,199 | +€7,367 | +74.9% |
| Non-recurring operating charges | 66A | - | €29,999 | +€29,999 | |
| Operating profit (loss) | 9901 | €15,439,943 | -€319,814 | -€15.8m | |
| Financial income | 75/76B | €469,352 | €1,871,582 | +€1.4m | +298.8% |
| Recurring financial income | 75 | €469,352 | €1,871,582 | +€1.4m | +298.8% |
| Income from financial fixed assets | 750 | €310,000 | €400,000 | +€90,000 | +29.0% |
| Income from current assets | 751 | €159,352 | €1,471,534 | +€1.3m | +823.4% |
| Other financial income | 752/9 | €0 | €48 | +€48 | +119300.0% |
| Financial charges | 65/66B | €289,140 | -€11,819 | -€300,959 | |
| Recurring financial charges | 65 | €289,140 | -€12,909 | -€302,049 | |
| Debt charges | 650 | €288,703 | €114,418 | -€174,286 | -60.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€145,134 | -€145,134 | |
| Other financial charges | 652/9 | €436 | €17,807 | +€17,370 | +3982.4% |
| Non-recurring financial charges | 66B | - | €1,090 | +€1,090 | |
| Profit (loss) for the period before taxes | 9903 | €15,620,156 | €1,563,587 | -€14.1m | -90.0% |
| Income taxes | 67/77 | €1,822 | €240,087 | +€238,264 | +13075.0% |
| Taxes | 670/3 | €1,822 | €240,087 | +€238,264 | +13075.0% |
| Profit (loss) for the period | 9904 | €15,618,334 | €1,323,501 | -€14.3m | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,618,334 | €1,323,501 | -€14.3m | -91.5% |
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 10 October 2026 via checked.be.