Voosbeke: 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.
Voosbeke
Largest movements
- Stocks and contracts +€55,101
up €55,101 (+103.1%), from €53,460 to €108,561
- Tangible fixed assets +€35,403
up €35,403 (+14.2%), from €249,704 to €285,107
of which Plant, machinery and equipment: +€41,403
- Cash +€6,538
up €6,538 (+47.0%), from €13,900 to €20,439
mainly Debts after one year (+€253,306) and Depreciation (+€32,147)
- Debts after one year +€253,306
up €253,306 (+29.0%), from €872,539 to €1.1m
- Profit (loss) carried forward -€158,948
down €158,948 (-27.5%), from -€577,409 to -€736,357
- Staff costs +€16,182
up €16,182 (+15.1%), from €107,446 to €123,627
- Gross operating margin +€10,806
up €10,806 (+60.5%), from €17,861 to €28,667
- Financial charges +€6,671
up €6,671 (+29.3%), from €22,766 to €29,437
- Depreciation +€1,554
up €1,554 (+5.1%), from €30,593 to €32,147
- Other operating charges -€344
down €344 (-12.5%), from €2,748 to €2,404
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.
Cash bridge derived
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 | €332,774 | €426,795 | +€94,021 | +28.3% |
| Fixed assets | 21/28 | €260,417 | €293,966 | +€33,549 | +12.9% |
| Intangible fixed assets | 21 | €10,713 | €8,859 | -€1,855 | -17.3% |
| Tangible fixed assets | 22/27 | €249,704 | €285,107 | +€35,403 | +14.2% |
| Plant, machinery and equipment | 23 | €215,721 | €257,124 | +€41,403 | +19.2% |
| Furniture and vehicles | 24 | €33,983 | €27,983 | -€6,000 | -17.7% |
| Current assets | 29/58 | €72,357 | €132,829 | +€60,472 | +83.6% |
| Stocks and contracts in progress | 3 | €53,460 | €108,561 | +€55,101 | +103.1% |
| Stocks | 30/36 | €53,460 | €108,561 | +€55,101 | +103.1% |
| Amounts receivable within one year | 40/41 | €4,568 | €2,756 | -€1,811 | -39.7% |
| Trade receivables | 40 | €3,197 | €2,256 | -€940 | -29.4% |
| Other amounts receivable | 41 | €1,371 | €500 | -€871 | -63.5% |
| Cash at bank and in hand | 54/58 | €13,900 | €20,439 | +€6,538 | +47.0% |
| Deferred charges and accrued income | 490/1 | €429 | €1,072 | +€643 | +149.9% |
| Total equity and liabilities | 10/49 | €332,774 | €426,795 | +€94,021 | +28.3% |
| Equity | 10/15 | -€567,409 | -€726,357 | -€158,948 | -28.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€577,409 | -€736,357 | -€158,948 | -27.5% |
| Amounts payable | 17/49 | €900,183 | €1,153,153 | +€252,969 | +28.1% |
| Amounts payable after more than one year | 17 | €872,539 | €1,125,845 | +€253,306 | +29.0% |
| Financial debts | 170/4 | €872,539 | €1,125,845 | +€253,306 | +29.0% |
| Amounts payable within one year | 42/48 | €27,645 | €27,308 | -€337 | -1.2% |
| Trade debts | 44 | €10,314 | €6,440 | -€3,874 | -37.6% |
| Suppliers | 440/4 | €10,314 | €6,440 | -€3,874 | -37.6% |
| Taxes, remuneration and social security | 45 | €17,331 | €20,868 | +€3,537 | +20.4% |
| Taxes | 450/3 | €962 | €1,467 | +€504 | +52.4% |
| Remuneration and social security | 454/9 | €16,369 | €19,401 | +€3,033 | +18.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €107,446 | €123,627 | +€16,182 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,593 | €32,147 | +€1,554 | +5.1% |
| Other operating charges | 640/8 | €2,748 | €2,404 | -€344 | -12.5% |
| Gross operating margin | 9900 | €17,861 | €28,667 | +€10,806 | +60.5% |
| Operating profit (loss) | 9901 | -€122,926 | -€129,511 | -€6,585 | -5.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €22,766 | €29,437 | +€6,671 | +29.3% |
| Recurring financial charges | 65 | €22,766 | €29,437 | +€6,671 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | -€145,692 | -€158,948 | -€13,256 | -9.1% |
| Profit (loss) for the period | 9904 | -€145,692 | -€158,948 | -€13,256 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€145,692 | -€158,948 | -€13,256 | -9.1% |
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 10 October 2026 via checked.be.