VLEESGROOTHANDEL DECORTE: 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.
VLEESGROOTHANDEL DECORTE
Largest movements
- Cash -€129,258
down €129,258 (-30.9%), from €417,931 to €288,673
mainly Other debts (-€300,103) and Contributions, distributions and other (-€150,000)
- Tangible fixed assets -€21,977
down €21,977 (-3.0%), from €740,912 to €718,935
of which Plant, machinery and equipment: -€32,372
- Other debts -€300,103
down €300,103 (-64.6%), from €464,660 to €164,557
- Reserves +€192,000
up €192,000 (+94.0%), from €204,200 to €396,200
of which Distributable reserves: +€192,000
- Debts after one year -€69,000
down €69,000 (-12.6%), from €545,975 to €476,975
- Tax, wage and social debts +€32,383
up €32,383 (+74.3%), from €43,583 to €75,966
of which Taxes: +€20,101
- Gross operating margin +€256,056
up €256,056 (+36.4%), from €703,663 to €959,720
- Staff costs +€89,686
up €89,686 (+33.3%), from €269,594 to €359,280
- Taxes +€41,717
up €41,717 (+57.8%), from €72,161 to €113,878
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 | €1,712,077 | €1,551,935 | -€160,143 | -9.4% |
| Fixed assets | 21/28 | €740,912 | €718,935 | -€21,977 | -3.0% |
| Tangible fixed assets | 22/27 | €740,912 | €718,935 | -€21,977 | -3.0% |
| Plant, machinery and equipment | 23 | €240,207 | €207,835 | -€32,372 | -13.5% |
| Furniture and vehicles | 24 | €109,684 | €138,783 | +€29,099 | +26.5% |
| Other tangible fixed assets | 26 | €391,021 | €372,316 | -€18,705 | -4.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €971,165 | €833,000 | -€138,165 | -14.2% |
| Stocks and contracts in progress | 3 | €26,793 | €28,743 | +€1,951 | +7.3% |
| Stocks | 30/36 | €26,793 | €28,743 | +€1,951 | +7.3% |
| Amounts receivable within one year | 40/41 | €517,954 | €506,945 | -€11,009 | -2.1% |
| Trade receivables | 40 | €492,951 | €354,084 | -€138,867 | -28.2% |
| Other amounts receivable | 41 | €25,003 | €152,860 | +€127,857 | +511.4% |
| Cash at bank and in hand | 54/58 | €417,931 | €288,673 | -€129,258 | -30.9% |
| Deferred charges and accrued income | 490/1 | €8,488 | €8,639 | +€151 | +1.8% |
| Total equity and liabilities | 10/49 | €1,712,077 | €1,551,935 | -€160,143 | -9.4% |
| Equity | 10/15 | €266,326 | €458,650 | +€192,324 | +72.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €204,200 | €396,200 | +€192,000 | +94.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €198,000 | €390,000 | +€192,000 | +97.0% |
| Profit (loss) carried forward | 14 | €126 | €450 | +€324 | +258.4% |
| Amounts payable | 17/49 | €1,445,752 | €1,093,285 | -€352,467 | -24.4% |
| Amounts payable after more than one year | 17 | €545,975 | €476,975 | -€69,000 | -12.6% |
| Financial debts | 170/4 | €545,975 | €476,975 | -€69,000 | -12.6% |
| Amounts payable within one year | 42/48 | €896,595 | €616,082 | -€280,513 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €69,000 | €69,000 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €319,352 | €306,559 | -€12,793 | -4.0% |
| Suppliers | 440/4 | €319,352 | €306,559 | -€12,793 | -4.0% |
| Taxes, remuneration and social security | 45 | €43,583 | €75,966 | +€32,383 | +74.3% |
| Taxes | 450/3 | €4,615 | €24,716 | +€20,101 | +435.6% |
| Remuneration and social security | 454/9 | €38,968 | €51,251 | +€12,282 | +31.5% |
| Other amounts payable | 47/48 | €464,660 | €164,557 | -€300,103 | -64.6% |
| Accrued charges and deferred income | 492/3 | €3,181 | €227 | -€2,954 | -92.9% |
| Non-recurring operating income | 76A | €1,240 | €500 | -€740 | -59.7% |
| Remuneration, social security and pensions | 62 | €269,594 | €359,280 | +€89,686 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,665 | €119,439 | -€4,226 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,927 | +€1,927 | |
| Other operating charges | 640/8 | €10,763 | €3,521 | -€7,242 | -67.3% |
| Non-recurring operating charges | 66A | - | €2,758 | +€2,758 | |
| Gross operating margin | 9900 | €703,663 | €959,720 | +€256,056 | +36.4% |
| Operating profit (loss) | 9901 | €299,641 | €472,794 | +€173,153 | +57.8% |
| Financial income | 75/76B | €1,137 | €49 | -€1,088 | -95.7% |
| Recurring financial income | 75 | €1,137 | €49 | -€1,088 | -95.7% |
| Financial charges | 65/66B | €18,777 | €16,641 | -€2,136 | -11.4% |
| Recurring financial charges | 65 | €18,777 | €16,641 | -€2,136 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €282,001 | €456,203 | +€174,201 | +61.8% |
| Income taxes | 67/77 | €72,161 | €113,878 | +€41,717 | +57.8% |
| Profit (loss) for the period | 9904 | €209,840 | €342,324 | +€132,484 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €209,840 | €342,324 | +€132,484 | +63.1% |
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 5 October 2026 via checked.be.