VLEESWAREN PERSOONS: 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 PERSOONS
Largest movements
- Cash +€82,946
up €82,946 (+9.3%), from €895,675 to €978,621
mainly Net result for the year (+€230,000) and Other debts (+€40,134)
- Reserves +€98,600
up €98,600 (+15.7%), from €628,146 to €726,746
of which Distributable reserves: +€100,460
- Trade debts -€49,555
down €49,555 (-23.9%), from €207,516 to €157,961
- Other debts +€40,134
up €40,134 (+30.4%), from €131,824 to €171,958
- Tax, wage and social debts +€37,604
up €37,604 (+34.7%), from €108,447 to €146,051
of which Taxes: +€39,093
- Debts after one year -€26,756
down €26,756 (-32.8%), from €81,664 to €54,909
- Gross operating margin +€90,102
up €90,102 (+14.2%), from €632,694 to €722,795
- Staff costs +€32,988
up €32,988 (+10.1%), from €327,513 to €360,500
- Taxes +€24,737
up €24,737 (+32.5%), from €76,076 to €100,814
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 | €1,176,198 | €1,257,625 | +€81,427 | +6.9% |
| Fixed assets | 21/28 | €66,618 | €71,435 | +€4,817 | +7.2% |
| Tangible fixed assets | 22/27 | €66,539 | €71,356 | +€4,817 | +7.2% |
| Plant, machinery and equipment | 23 | €9,229 | €30,390 | +€21,162 | +229% |
| Furniture and vehicles | 24 | €44,325 | €33,535 | -€10,790 | -24.3% |
| Other tangible fixed assets | 26 | €12,986 | €7,431 | -€5,555 | -42.8% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €1,109,580 | €1,186,189 | +€76,610 | +6.9% |
| Stocks and contracts in progress | 3 | €41,345 | €42,893 | +€1,548 | +3.7% |
| Stocks | 30/36 | €41,345 | €42,893 | +€1,548 | +3.7% |
| Amounts receivable within one year | 40/41 | €172,560 | €164,675 | -€7,885 | -4.6% |
| Trade receivables | 40 | €172,507 | €164,622 | -€7,885 | -4.6% |
| Other amounts receivable | 41 | €53 | €53 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €895,675 | €978,621 | +€82,946 | +9.3% |
| Total equity and liabilities | 10/49 | €1,176,198 | €1,257,625 | +€81,427 | +6.9% |
| Equity | 10/15 | €646,746 | €726,746 | +€80,000 | +12.4% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €628,146 | €726,746 | +€98,600 | +15.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €626,286 | €726,746 | +€100,460 | +16.0% |
| Amounts payable | 17/49 | €529,452 | €530,879 | +€1,427 | +0.3% |
| Amounts payable after more than one year | 17 | €81,664 | €54,909 | -€26,756 | -32.8% |
| Financial debts | 170/4 | €81,664 | €54,909 | -€26,756 | -32.8% |
| Amounts payable within one year | 42/48 | €447,788 | €475,970 | +€28,182 | +6.3% |
| Trade debts | 44 | €207,516 | €157,961 | -€49,555 | -23.9% |
| Suppliers | 440/4 | €207,516 | €157,961 | -€49,555 | -23.9% |
| Taxes, remuneration and social security | 45 | €108,447 | €146,051 | +€37,604 | +34.7% |
| Taxes | 450/3 | €68,971 | €108,063 | +€39,093 | +56.7% |
| Remuneration and social security | 454/9 | €39,477 | €37,988 | -€1,489 | -3.8% |
| Other amounts payable | 47/48 | €131,824 | €171,958 | +€40,134 | +30.4% |
| Remuneration, social security and pensions | 62 | €327,513 | €360,500 | +€32,988 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,646 | €27,686 | -€1,960 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,354 | €311 | -€4,043 | -92.9% |
| Other operating charges | 640/8 | €232 | €285 | +€53 | +22.8% |
| Gross operating margin | 9900 | €632,694 | €722,795 | +€90,102 | +14.2% |
| Operating profit (loss) | 9901 | €270,949 | €334,013 | +€63,064 | +23.3% |
| Financial income | 75/76B | €1,645 | €4,206 | +€2,560 | +156% |
| Recurring financial income | 75 | €1,645 | €4,206 | +€2,560 | +156% |
| Financial charges | 65/66B | €5,517 | €7,405 | +€1,887 | +34.2% |
| Recurring financial charges | 65 | €5,517 | €7,405 | +€1,887 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €267,076 | €330,814 | +€63,737 | +23.9% |
| Income taxes | 67/77 | €76,076 | €100,814 | +€24,737 | +32.5% |
| Profit (loss) for the period | 9904 | €191,000 | €230,000 | +€39,000 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €191,000 | €230,000 | +€39,000 | +20.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.