VLEESWAREN ANTONIO: 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.
VLEESWAREN ANTONIO
Largest movements
- Receivables within one year -€351,569
down €351,569 (-93.2%), from €377,176 to €25,607
of which Other amounts receivable: -€350,814
- Tangible fixed assets -€251,131
down €251,131 (-14.0%), from €1.8m to €1.5m
of which Land and buildings: -€233,283
- Contributions -€256,764
down €256,764 (-66.3%), from €387,140 to €130,376
- Reserves -€136,728
down €136,728 (-53.0%), from €257,882 to €121,154
of which Distributable reserves: -€96,508
- Debts after one year -€99,519
down €99,519 (-9.2%), from €1.1m to €983,252
- Profit (loss) carried forward -€48,196
down €48,196 (-32.6%), from €147,979 to €99,783
- Other debts -€34,610
down €34,610 (-98.9%), from €35,000 to €390
- Financial income -€566,951
no longer reported in 2025 (was €566,951)
of which Non-recurring financial income: -€566,949
- Financial charges -€48,039
down €48,039 (-48.8%), from €98,525 to €50,486
- Gross operating margin +€44,112
up €44,112 (+20.4%), from €216,595 to €260,707
- Staff costs -€13,078
no longer reported in 2025 (was €13,078)
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 | €2,192,768 | €1,576,993 | -€615,775 | -28.1% |
| Fixed assets | 21/28 | €1,798,011 | €1,546,880 | -€251,131 | -14.0% |
| Tangible fixed assets | 22/27 | €1,798,011 | €1,546,880 | -€251,131 | -14.0% |
| Land and buildings | 22 | €1,611,550 | €1,378,267 | -€233,283 | -14.5% |
| Plant, machinery and equipment | 23 | €186,461 | €168,613 | -€17,848 | -9.6% |
| Current assets | 29/58 | €394,757 | €30,113 | -€364,644 | -92.4% |
| Amounts receivable within one year | 40/41 | €377,176 | €25,607 | -€351,569 | -93.2% |
| Trade receivables | 40 | €2,362 | €1,607 | -€755 | -32.0% |
| Other amounts receivable | 41 | €374,814 | €24,000 | -€350,814 | -93.6% |
| Cash at bank and in hand | 54/58 | €17,581 | €4,468 | -€13,113 | -74.6% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €2,192,768 | €1,576,993 | -€615,775 | -28.1% |
| Equity | 10/15 | €793,001 | €351,313 | -€441,688 | -55.7% |
| Contributions | 10/11 | €387,140 | €130,376 | -€256,764 | -66.3% |
| Reserves | 13 | €257,882 | €121,154 | -€136,728 | -53.0% |
| Non-distributable reserves | 130/1 | €13,038 | €13,038 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €13,038 | €13,038 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €147,436 | €107,217 | -€40,219 | -27.3% |
| Distributable reserves | 133 | €97,408 | €900 | -€96,508 | -99.1% |
| Profit (loss) carried forward | 14 | €147,979 | €99,783 | -€48,196 | -32.6% |
| Provisions and deferred taxes | 16 | €32,222 | €18,816 | -€13,406 | -41.6% |
| Deferred taxes | 168 | €32,222 | €18,816 | -€13,406 | -41.6% |
| Amounts payable | 17/49 | €1,367,545 | €1,206,864 | -€160,681 | -11.7% |
| Amounts payable after more than one year | 17 | €1,082,771 | €983,252 | -€99,519 | -9.2% |
| Financial debts | 170/4 | €1,082,771 | €983,252 | -€99,519 | -9.2% |
| Amounts payable within one year | 42/48 | €284,774 | €223,613 | -€61,161 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €191,342 | €199,519 | +€8,177 | +4.3% |
| Trade debts | 44 | €30,304 | €1,875 | -€28,430 | -93.8% |
| Suppliers | 440/4 | €30,304 | €1,875 | -€28,430 | -93.8% |
| Taxes, remuneration and social security | 45 | €28,128 | €21,829 | -€6,299 | -22.4% |
| Taxes | 450/3 | €28,128 | €21,829 | -€6,299 | -22.4% |
| Other amounts payable | 47/48 | €35,000 | €390 | -€34,610 | -98.9% |
| Remuneration, social security and pensions | 62 | €13,078 | - | -€13,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252,121 | €251,131 | -€990 | -0.4% |
| Other operating charges | 640/8 | €13,496 | €14,370 | +€874 | +6.5% |
| Gross operating margin | 9900 | €216,595 | €260,707 | +€44,112 | +20.4% |
| Operating profit (loss) | 9901 | -€62,100 | -€4,794 | +€57,306 | +92.3% |
| Financial income | 75/76B | €566,951 | - | -€566,951 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Non-recurring financial income | 76B | €566,949 | - | -€566,949 | |
| Financial charges | 65/66B | €98,525 | €50,486 | -€48,039 | -48.8% |
| Recurring financial charges | 65 | €98,525 | €50,486 | -€48,039 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €406,326 | -€55,280 | -€461,606 | |
| Transfer from deferred taxes | 780 | - | €6,703 | +€6,703 | |
| Income taxes | 67/77 | €893 | - | -€893 | |
| Profit (loss) for the period | 9904 | €405,433 | -€48,577 | -€454,010 | |
| Transfer from tax-exempt reserves | 789 | - | €20,110 | +€20,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €405,433 | -€28,467 | -€433,900 |
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.