VLEESWARENFABRIEK D.M.: what changed
What changed
VLEESWARENFABRIEK D.M.
filed annual accounts (NBB)
Net result for the year
€279,641
2024 · -€117,602+€397,243
Equity
€2.6m
2024 · €2.3m+€279,641
Cash
€106,532
2024 · €96,574+€9,958
Balance sheet total
€2.6m
2024 · €2.3m+€278,329
Largest movements
Assets
- Current investments +€267,766
up €267,766 (+13.2%), from €2.0m to €2.3m
Equity and liabilities
- Profit (loss) carried forward +€449,973
up €449,973, from -€449,973 to €0
- Reserves -€170,332
down €170,332 (-6.3%), from €2.7m to €2.5m
of which Distributable reserves: -€170,332
Income statement
- Financial charges -€70,217
down €70,217 (-80.9%), from €86,744 to €16,527
- Gross operating margin +€36,976
up €36,976 (+38.5%), from -€96,110 to -€59,134
- Financial income -€2,548
down €2,548 (-3.8%), from €66,862 to €64,314
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€117,602
Gross operating margin
+€36,976
Other operating charges
-€328
Other operating items
+€292,927
Financial income
-€2,548
Financial charges
+€70,217
Result 2025
€279,641
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€277,724
Investment
-€267,766
Financing
-€0
Cash 2024
€96,574
From operations (derived)
+€277,724
Net result for the year
+€279,641
Receivables within one year
-€865
Deferred charges and accrued income
+€259
Tax, wage and social debts
-€1,312
Investment (derived)
-€267,766
Investment in fixed assets (net)
-€0
Current investments
-€267,766
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€106,532
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,300,083 | €2,578,412 | +€278,329 | +12.1% |
| Fixed assets | 21/28 | €138,820 | €138,820 | +€0 | 0.0% |
| Tangible fixed assets | 22/27 | €138,820 | €138,820 | +€0 | 0.0% |
| Land and buildings | 22 | €138,820 | €138,820 | +€0 | 0.0% |
| Current assets | 29/58 | €2,161,263 | €2,439,592 | +€278,329 | +12.9% |
| Amounts receivable within one year | 40/41 | €34,944 | €35,809 | +€865 | +2.5% |
| Other amounts receivable | 41 | €34,944 | €35,809 | +€865 | +2.5% |
| Current investments | 50/53 | €2,029,486 | €2,297,252 | +€267,766 | +13.2% |
| Cash at bank and in hand | 54/58 | €96,574 | €106,532 | +€9,958 | +10.3% |
| Deferred charges and accrued income | 490/1 | €259 | €0 | -€259 | -100% |
| Total equity and liabilities | 10/49 | €2,300,083 | €2,578,412 | +€278,329 | +12.1% |
| Equity | 10/15 | €2,298,771 | €2,578,412 | +€279,641 | +12.2% |
| Contributions | 10/11 | €61,973 | €61,973 | +€0 | 0.0% |
| Capital | 10 | €61,973 | €61,973 | +€0 | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | +€0 | 0.0% |
| Reserves | 13 | €2,686,771 | €2,516,439 | -€170,332 | -6.3% |
| Non-distributable reserves | 130/1 | €9,684 | €9,684 | +€0 | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | - | €3,487 | +€3,487 | |
| Other | 1319 | €3,487 | - | -€3,487 | |
| Distributable reserves | 133 | €2,677,087 | €2,506,755 | -€170,332 | -6.4% |
| Profit (loss) carried forward | 14 | -€449,973 | €0 | +€449,973 | |
| Amounts payable | 17/49 | €1,312 | €0 | -€1,312 | -100% |
| Amounts payable within one year | 42/48 | €1,312 | €0 | -€1,312 | -100% |
| Taxes, remuneration and social security | 45 | €1,312 | €0 | -€1,312 | -100% |
| Taxes | 450/3 | €1,312 | €0 | -€1,312 | -100% |
| Non-recurring operating income | 76A | - | €62,966 | +€62,966 | |
| Other operating charges | 640/8 | €1,610 | €1,938 | +€328 | +20.4% |
| Non-recurring operating charges | 66A | - | -€292,927 | -€292,927 | |
| Gross operating margin | 9900 | -€96,110 | -€59,134 | +€36,976 | +38.5% |
| Operating profit (loss) | 9901 | -€97,720 | €231,855 | +€329,575 | |
| Financial income | 75/76B | €66,862 | €64,314 | -€2,548 | -3.8% |
| Recurring financial income | 75 | €66,862 | €64,314 | -€2,548 | -3.8% |
| Financial charges | 65/66B | €86,744 | €16,527 | -€70,217 | -80.9% |
| Recurring financial charges | 65 | €86,744 | €16,527 | -€70,217 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€117,602 | €279,641 | +€397,243 | |
| Profit (loss) for the period | 9904 | -€117,602 | €279,641 | +€397,243 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,602 | €279,641 | +€397,243 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.