Voeders IMSCHOOT: 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.
Voeders IMSCHOOT
Largest movements
- Current investments +€895,005
up €895,005, from €0 to €895,005
- Cash -€890,173
down €890,173 (-87.4%), from €1.0m to €128,890
mainly Current investments (-€895,005) and Tax, wage and social debts (-€6,007)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€54,693
down €54,693 (-81.9%), from €66,806 to €12,113
- Taxes -€20,749
down €20,749 (-91.9%), from €22,575 to €1,826
- Financial income -€9,512
down €9,512 (-64.6%), from €14,728 to €5,216
- Financial charges +€717
up €717 (+234%), from €307 to €1,024
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 | €1,068,913 | €1,066,210 | -€2,702 | -0.3% |
| Fixed assets | 21/28 | €31,402 | €21,916 | -€9,486 | -30.2% |
| Tangible fixed assets | 22/27 | €31,402 | €21,916 | -€9,486 | -30.2% |
| Plant, machinery and equipment | 23 | €6,583 | €5,259 | -€1,324 | -20.1% |
| Furniture and vehicles | 24 | €24,819 | €16,657 | -€8,162 | -32.9% |
| Current assets | 29/58 | €1,037,511 | €1,044,294 | +€6,784 | +0.7% |
| Stocks and contracts in progress | 3 | €7,599 | €8,451 | +€851 | +11.2% |
| Stocks | 30/36 | €7,599 | €8,451 | +€851 | +11.2% |
| Amounts receivable within one year | 40/41 | €10,423 | €8,818 | -€1,605 | -15.4% |
| Trade receivables | 40 | €3,006 | €2,062 | -€945 | -31.4% |
| Other amounts receivable | 41 | €7,417 | €6,756 | -€661 | -8.9% |
| Current investments | 50/53 | €0 | €895,005 | +€895,005 | |
| Cash at bank and in hand | 54/58 | €1,019,063 | €128,890 | -€890,173 | -87.4% |
| Deferred charges and accrued income | 490/1 | €425 | €3,131 | +€2,706 | +637% |
| Total equity and liabilities | 10/49 | €1,068,913 | €1,066,210 | -€2,702 | -0.3% |
| Equity | 10/15 | €1,056,990 | €1,060,068 | +€3,078 | +0.3% |
| Contributions | 10/11 | €306,600 | €306,600 | = | 0.0% |
| Reserves | 13 | €750,390 | €753,468 | +€3,078 | +0.4% |
| Distributable reserves | 133 | €750,390 | €753,468 | +€3,078 | +0.4% |
| Amounts payable | 17/49 | €11,922 | €6,142 | -€5,780 | -48.5% |
| Amounts payable within one year | 42/48 | €10,422 | €3,703 | -€6,719 | -64.5% |
| Trade debts | 44 | €3,855 | €2,789 | -€1,066 | -27.7% |
| Suppliers | 440/4 | €3,855 | €2,789 | -€1,066 | -27.7% |
| Taxes, remuneration and social security | 45 | €6,567 | €560 | -€6,007 | -91.5% |
| Taxes | 450/3 | €6,567 | €560 | -€6,007 | -91.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €354 | +€354 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,439 | +€939 | +62.6% |
| Non-recurring operating income | 76A | €47,961 | €46,567 | -€1,394 | -2.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,986 | €9,486 | -€500 | -5.0% |
| Other operating charges | 640/8 | €1,862 | €1,915 | +€53 | +2.8% |
| Gross operating margin | 9900 | €66,806 | €12,113 | -€54,693 | -81.9% |
| Operating profit (loss) | 9901 | €54,958 | €712 | -€54,246 | -98.7% |
| Financial income | 75/76B | €14,728 | €5,216 | -€9,512 | -64.6% |
| Recurring financial income | 75 | €14,728 | €5,216 | -€9,512 | -64.6% |
| Financial charges | 65/66B | €307 | €1,024 | +€717 | +234% |
| Recurring financial charges | 65 | €307 | €1,024 | +€717 | +234% |
| Profit (loss) for the period before taxes | 9903 | €69,380 | €4,904 | -€64,476 | -92.9% |
| Income taxes | 67/77 | €22,575 | €1,826 | -€20,749 | -91.9% |
| Profit (loss) for the period | 9904 | €46,805 | €3,078 | -€43,727 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,805 | €3,078 | -€43,727 | -93.4% |
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 28 October 2026 via checked.be.