Vleeswaren Westra: 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 Westra
Largest movements
- Cash -€233,090
down €233,090 (-67.2%), from €347,083 to €113,993
mainly Other debts (-€116,955) and Trade debts (-€100,737)
- Receivables within one year +€62,102
up €62,102 (+18.9%), from €328,410 to €390,512
of which Other amounts receivable: +€66,495
- Tangible fixed assets -€37,404
down €37,404 (-28.4%), from €131,533 to €94,130
of which Furniture and vehicles: -€26,636
- Stocks and contracts +€24,317
up €24,317 (+35.6%), from €68,382 to €92,700
- Intangible fixed assets +€9,966
up €9,966 (+61.7%), from €16,154 to €26,120
- Other debts -€116,955
down €116,955 (-98.0%), from €119,360 to €2,405
- Trade debts -€100,737
down €100,737 (-29.9%), from €336,369 to €235,631
- Profit (loss) carried forward +€57,527
up €57,527 (+21.9%), from €262,658 to €320,185
- Debts after one year -€9,762
down €9,762 (-26.9%), from €36,291 to €26,528
- Gross operating margin -€25,161
down €25,161 (-6.6%), from €379,213 to €354,052
- Other operating charges -€7,076
down €7,076 (-26.9%), from €26,317 to €19,240
- Depreciation +€4,795
up €4,795 (+9.8%), from €49,004 to €53,799
- Taxes -€4,619
down €4,619 (-17.9%), from €25,760 to €21,141
- Write-downs +€4,593
up €4,593 (+76.7%), from -€5,985 to -€1,392
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 | €904,359 | €732,159 | -€172,199 | -19.0% |
| Fixed assets | 21/28 | €159,167 | €131,809 | -€27,358 | -17.2% |
| Intangible fixed assets | 21 | €16,154 | €26,120 | +€9,966 | +61.7% |
| Tangible fixed assets | 22/27 | €131,533 | €94,130 | -€37,404 | -28.4% |
| Plant, machinery and equipment | 23 | €1,226 | €2,442 | +€1,216 | +99.2% |
| Furniture and vehicles | 24 | €79,012 | €52,376 | -€26,636 | -33.7% |
| Leasing and similar rights | 25 | €51,296 | €39,312 | -€11,983 | -23.4% |
| Financial fixed assets | 28 | €11,479 | €11,559 | +€80 | +0.7% |
| Current assets | 29/58 | €745,192 | €600,350 | -€144,841 | -19.4% |
| Stocks and contracts in progress | 3 | €68,382 | €92,700 | +€24,317 | +35.6% |
| Stocks | 30/36 | €68,382 | €92,700 | +€24,317 | +35.6% |
| Amounts receivable within one year | 40/41 | €328,410 | €390,512 | +€62,102 | +18.9% |
| Trade receivables | 40 | €292,960 | €288,566 | -€4,393 | -1.5% |
| Other amounts receivable | 41 | €35,450 | €101,945 | +€66,495 | +188% |
| Cash at bank and in hand | 54/58 | €347,083 | €113,993 | -€233,090 | -67.2% |
| Deferred charges and accrued income | 490/1 | €1,317 | €3,147 | +€1,830 | +139% |
| Total equity and liabilities | 10/49 | €904,359 | €732,159 | -€172,199 | -19.0% |
| Equity | 10/15 | €361,996 | €419,523 | +€57,527 | +15.9% |
| 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 | €37,338 | €37,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,138 | €31,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | €262,658 | €320,185 | +€57,527 | +21.9% |
| Amounts payable | 17/49 | €542,363 | €312,637 | -€229,726 | -42.4% |
| Amounts payable after more than one year | 17 | €36,291 | €26,528 | -€9,762 | -26.9% |
| Financial debts | 170/4 | €36,291 | €26,528 | -€9,762 | -26.9% |
| Amounts payable within one year | 42/48 | €506,072 | €286,108 | -€219,964 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €9,432 | €9,762 | +€331 | +3.5% |
| Trade debts | 44 | €336,369 | €235,631 | -€100,737 | -29.9% |
| Suppliers | 440/4 | €336,369 | €235,631 | -€100,737 | -29.9% |
| Taxes, remuneration and social security | 45 | €40,912 | €38,310 | -€2,602 | -6.4% |
| Taxes | 450/3 | €4,373 | €5,231 | +€858 | +19.6% |
| Remuneration and social security | 454/9 | €36,538 | €33,079 | -€3,459 | -9.5% |
| Other amounts payable | 47/48 | €119,360 | €2,405 | -€116,955 | -98.0% |
| Remuneration, social security and pensions | 62 | €207,990 | €204,754 | -€3,236 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,004 | €53,799 | +€4,795 | +9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,985 | -€1,392 | +€4,593 | +76.7% |
| Other operating charges | 640/8 | €26,317 | €19,240 | -€7,076 | -26.9% |
| Gross operating margin | 9900 | €379,213 | €354,052 | -€25,161 | -6.6% |
| Operating profit (loss) | 9901 | €101,888 | €77,651 | -€24,237 | -23.8% |
| Financial income | 75/76B | €1,066 | €3,404 | +€2,338 | +219% |
| Recurring financial income | 75 | €1,066 | €3,404 | +€2,338 | +219% |
| Financial charges | 65/66B | €4,892 | €2,386 | -€2,506 | -51.2% |
| Recurring financial charges | 65 | €4,892 | €2,386 | -€2,506 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €98,061 | €78,668 | -€19,393 | -19.8% |
| Income taxes | 67/77 | €25,760 | €21,141 | -€4,619 | -17.9% |
| Profit (loss) for the period | 9904 | €72,301 | €57,527 | -€14,774 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,301 | €57,527 | -€14,774 | -20.4% |
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 31 October 2026 via checked.be.