VOSSELAARS BOUWBEDRIJF: 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.
VOSSELAARS BOUWBEDRIJF
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+36.1%), from €4.9m to €6.7m
- Cash +€824,159
up €824,159 (+690%), from €119,522 to €943,681
mainly Debts after one year (+€1.1m) and Short-term financial debts (+€981,383)
- Financial fixed assets -€175,532
down €175,532 (-100%), from €175,532 to €0
- Receivables within one year +€151,562
up €151,562 (+210%), from €72,102 to €223,664
of which Trade receivables: +€164,394
- Debts after one year +€1.1m
up €1.1m (+155%), from €680,201 to €1.7m
- Short-term financial debts +€981,383
up €981,383 (+153%), from €640,369 to €1.6m
of which Other loans: +€1.4m
- Other debts +€413,378
up €413,378 (+15.6%), from €2.6m to €3.1m
- Trade debts -€343,768
down €343,768 (-48.9%), from €702,646 to €358,878
- Advances received +€334,065
new in 2025: €334,065
- Gross operating margin +€299,004
up €299,004 (+344%), from €86,907 to €385,911
- Taxes +€77,017
up €77,017 (+1,071%), from €7,191 to €84,208
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 | €5,289,764 | €7,854,786 | +€2.6m | +48.5% |
| Fixed assets | 21/28 | €189,443 | €7,907 | -€181,536 | -95.8% |
| Tangible fixed assets | 22/27 | €13,910 | €7,907 | -€6,004 | -43.2% |
| Plant, machinery and equipment | 23 | €585 | €354 | -€231 | -39.5% |
| Furniture and vehicles | 24 | €9,640 | €4,469 | -€5,171 | -53.6% |
| Other tangible fixed assets | 26 | €3,686 | €3,083 | -€603 | -16.3% |
| Financial fixed assets | 28 | €175,532 | €0 | -€175,532 | -100% |
| Current assets | 29/58 | €5,100,322 | €7,846,880 | +€2.7m | +53.9% |
| Stocks and contracts in progress | 3 | €4,904,963 | €6,676,883 | +€1.8m | +36.1% |
| Stocks | 30/36 | €4,904,963 | €6,676,883 | +€1.8m | +36.1% |
| Amounts receivable within one year | 40/41 | €72,102 | €223,664 | +€151,562 | +210% |
| Trade receivables | 40 | €58,396 | €222,789 | +€164,394 | +282% |
| Other amounts receivable | 41 | €13,706 | €874 | -€12,832 | -93.6% |
| Cash at bank and in hand | 54/58 | €119,522 | €943,681 | +€824,159 | +690% |
| Deferred charges and accrued income | 490/1 | €3,735 | €2,651 | -€1,083 | -29.0% |
| Total equity and liabilities | 10/49 | €5,289,764 | €7,854,786 | +€2.6m | +48.5% |
| Equity | 10/15 | €488,526 | €728,927 | +€240,400 | +49.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €281,860 | €601,860 | +€320,000 | +114% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €280,000 | €600,000 | +€320,000 | +114% |
| Profit (loss) carried forward | 14 | €188,066 | €108,467 | -€79,600 | -42.3% |
| Amounts payable | 17/49 | €4,801,238 | €7,125,860 | +€2.3m | +48.4% |
| Amounts payable after more than one year | 17 | €680,201 | €1,731,672 | +€1.1m | +155% |
| Financial debts | 170/4 | €680,201 | €1,731,672 | +€1.1m | +155% |
| Amounts payable within one year | 42/48 | €4,120,199 | €5,393,480 | +€1.3m | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €5,069 | €0 | -€5,069 | -100% |
| Financial debts | 43 | €640,369 | €1,621,752 | +€981,383 | +153% |
| Credit institutions | 430/8 | €567,869 | €182,400 | -€385,469 | -67.9% |
| Other loans | 439 | €72,500 | €1,439,352 | +€1.4m | +1,885% |
| Trade debts | 44 | €702,646 | €358,878 | -€343,768 | -48.9% |
| Suppliers | 440/4 | €702,646 | €358,878 | -€343,768 | -48.9% |
| Advances received on contracts in progress | 46 | - | €334,065 | +€334,065 | |
| Taxes, remuneration and social security | 45 | €124,004 | €17,295 | -€106,709 | -86.1% |
| Taxes | 450/3 | €117,397 | €10,633 | -€106,764 | -90.9% |
| Remuneration and social security | 454/9 | €6,607 | €6,662 | +€55 | +0.8% |
| Other amounts payable | 47/48 | €2,648,111 | €3,061,489 | +€413,378 | +15.6% |
| Accrued charges and deferred income | 492/3 | €838 | €708 | -€130 | -15.5% |
| Remuneration, social security and pensions | 62 | €50,752 | €50,120 | -€632 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,678 | €6,916 | +€238 | +3.6% |
| Other operating charges | 640/8 | €4,051 | €1,357 | -€2,694 | -66.5% |
| Gross operating margin | 9900 | €86,907 | €385,911 | +€299,004 | +344% |
| Operating profit (loss) | 9901 | €25,426 | €327,517 | +€302,091 | +1,188% |
| Financial income | 75/76B | €530 | €547 | +€18 | +3.3% |
| Recurring financial income | 75 | €530 | €547 | +€18 | +3.3% |
| Financial charges | 65/66B | €3,944 | €3,456 | -€488 | -12.4% |
| Recurring financial charges | 65 | €3,944 | €3,456 | -€488 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €22,012 | €324,608 | +€302,596 | +1,375% |
| Income taxes | 67/77 | €7,191 | €84,208 | +€77,017 | +1,071% |
| Profit (loss) for the period | 9904 | €14,821 | €240,400 | +€225,579 | +1,522% |
| Profit (loss) for the period to be appropriated | 9905 | €14,821 | €240,400 | +€225,579 | +1,522% |
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 25 October 2026 via checked.be.