VLEESHANDEL JOTTIER: 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.
VLEESHANDEL JOTTIER
Largest movements
- Current investments +€286,448
up €286,448 (+47.8%), from €599,000 to €885,448
- Cash +€128,394
up €128,394 (+17.7%), from €725,357 to €853,751
mainly Net result for the year (+€554,819) and Trade debts (+€132,026)
- Tangible fixed assets +€100,485
up €100,485 (+31.6%), from €317,661 to €418,146
of which Plant, machinery and equipment: +€69,826
- Receivables within one year +€56,060
up €56,060 (+6.8%), from €819,408 to €875,468
of which Trade receivables: +€50,140
- Deferred charges and accrued income -€36,202
down €36,202 (-89.7%), from €40,363 to €4,162
- Reserves +€554,819
up €554,819 (+33.6%), from €1.6m to €2.2m
of which Distributable reserves: +€365,369
- Trade debts +€132,026
up €132,026 (+21.1%), from €626,116 to €758,142
- Current portion of long-term debt -€125,177
down €125,177 (-90.4%), from €138,464 to €13,287
- Gross operating margin +€140,761
up €140,761 (+11.9%), from €1.2m to €1.3m
- Taxes +€82,310
up €82,310 (+47.2%), from €174,541 to €256,851
- Staff costs +€61,187
up €61,187 (+17.8%), from €344,027 to €405,214
- Depreciation +€32,841
up €32,841 (+49.4%), from €66,545 to €99,386
- Financial income +€24,056
up €24,056 (+117%), from €20,636 to €44,692
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 | €2,576,314 | €3,132,238 | +€555,924 | +21.6% |
| Fixed assets | 21/28 | €317,666 | €418,161 | +€100,495 | +31.6% |
| Tangible fixed assets | 22/27 | €317,661 | €418,146 | +€100,485 | +31.6% |
| Land and buildings | 22 | €40,889 | €30,667 | -€10,222 | -25.0% |
| Plant, machinery and equipment | 23 | €69,007 | €138,833 | +€69,826 | +101% |
| Furniture and vehicles | 24 | €152,374 | €195,341 | +€42,967 | +28.2% |
| Other tangible fixed assets | 26 | €55,391 | €53,305 | -€2,085 | -3.8% |
| Financial fixed assets | 28 | €5 | €15 | +€10 | +200% |
| Current assets | 29/58 | €2,258,648 | €2,714,077 | +€455,429 | +20.2% |
| Stocks and contracts in progress | 3 | €74,520 | €95,248 | +€20,728 | +27.8% |
| Stocks | 30/36 | €74,520 | €95,248 | +€20,728 | +27.8% |
| Amounts receivable within one year | 40/41 | €819,408 | €875,468 | +€56,060 | +6.8% |
| Trade receivables | 40 | €792,906 | €843,046 | +€50,140 | +6.3% |
| Other amounts receivable | 41 | €26,501 | €32,422 | +€5,920 | +22.3% |
| Current investments | 50/53 | €599,000 | €885,448 | +€286,448 | +47.8% |
| Cash at bank and in hand | 54/58 | €725,357 | €853,751 | +€128,394 | +17.7% |
| Deferred charges and accrued income | 490/1 | €40,363 | €4,162 | -€36,202 | -89.7% |
| Total equity and liabilities | 10/49 | €2,576,314 | €3,132,238 | +€555,924 | +21.6% |
| Equity | 10/15 | €1,649,883 | €2,204,702 | +€554,819 | +33.6% |
| Reserves | 13 | €1,649,883 | €2,204,702 | +€554,819 | +33.6% |
| Tax-exempt reserves | 132 | €336,800 | €526,250 | +€189,450 | +56.3% |
| Distributable reserves | 133 | €1,313,083 | €1,678,452 | +€365,369 | +27.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €926,431 | €927,536 | +€1,105 | +0.1% |
| Amounts payable after more than one year | 17 | €24,555 | €11,268 | -€13,287 | -54.1% |
| Financial debts | 170/4 | €24,555 | €11,268 | -€13,287 | -54.1% |
| Amounts payable within one year | 42/48 | €901,876 | €916,269 | +€14,392 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €138,464 | €13,287 | -€125,177 | -90.4% |
| Trade debts | 44 | €626,116 | €758,142 | +€132,026 | +21.1% |
| Suppliers | 440/4 | €626,116 | €758,142 | +€132,026 | +21.1% |
| Taxes, remuneration and social security | 45 | €68,560 | €98,975 | +€30,415 | +44.4% |
| Taxes | 450/3 | €23,426 | €32,681 | +€9,255 | +39.5% |
| Remuneration and social security | 454/9 | €45,134 | €66,294 | +€21,160 | +46.9% |
| Other amounts payable | 47/48 | €68,736 | €45,865 | -€22,871 | -33.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €344,027 | €405,214 | +€61,187 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,545 | €99,386 | +€32,841 | +49.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,382 | €33,871 | +€11,489 | +51.3% |
| Other operating charges | 640/8 | €8,945 | €12,102 | +€3,156 | +35.3% |
| Gross operating margin | 9900 | €1,182,837 | €1,323,598 | +€140,761 | +11.9% |
| Operating profit (loss) | 9901 | €740,937 | €773,025 | +€32,088 | +4.3% |
| Financial income | 75/76B | €20,636 | €44,692 | +€24,056 | +117% |
| Recurring financial income | 75 | €20,636 | €44,692 | +€24,056 | +117% |
| Financial charges | 65/66B | €5,097 | €6,048 | +€950 | +18.6% |
| Recurring financial charges | 65 | €5,097 | €6,048 | +€950 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €756,476 | €811,670 | +€55,194 | +7.3% |
| Income taxes | 67/77 | €174,541 | €256,851 | +€82,310 | +47.2% |
| Profit (loss) for the period | 9904 | €581,935 | €554,819 | -€27,116 | -4.7% |
| Transfer to tax-exempt reserves | 689 | €336,800 | €189,450 | -€147,350 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €245,135 | €365,369 | +€120,234 | +49.0% |
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 23 October 2026 via checked.be.