VOSSELARE: 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.
VOSSELARE
Largest movements
- Tangible fixed assets -€60,612
down €60,612 (-13.4%), from €453,746 to €393,134
of which Other tangible fixed assets: -€105,000
- Cash +€23,279
up €23,279 (+53,812%), from €43 to €23,322
mainly Investment in fixed assets (net) (+€50,453) and Net result for the year (+€10,785)
- Receivables within one year +€15,646
up €15,646 (+43.6%), from €35,894 to €51,540
of which Trade receivables: +€15,791
- Other debts -€17,682
down €17,682 (-8.1%), from €218,983 to €201,301
- Trade debts -€14,999
down €14,999 (-14.1%), from €106,385 to €91,386
- Reserves +€10,785
up €10,785 (+7.2%), from €149,334 to €160,119
of which Distributable reserves: +€10,785
- Gross operating margin +€47,592
up €47,592 (+335%), from €14,216 to €61,809
- Depreciation +€9,403
up €9,403 (+1,244%), from €756 to €10,159
- Financial charges -€6,233
down €6,233 (-98.2%), from €6,350 to €117
- Financial income +€700
up €700 (+3,499,500%), from €0 to €700
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 | €489,800 | €469,369 | -€20,430 | -4.2% |
| Fixed assets | 21/28 | €453,746 | €393,134 | -€60,612 | -13.4% |
| Tangible fixed assets | 22/27 | €453,746 | €393,134 | -€60,612 | -13.4% |
| Furniture and vehicles | 24 | €24,596 | €68,984 | +€44,388 | +180% |
| Other tangible fixed assets | 26 | €429,150 | €324,150 | -€105,000 | -24.5% |
| Current assets | 29/58 | €36,053 | €76,235 | +€40,181 | +111% |
| Amounts receivable within one year | 40/41 | €35,894 | €51,540 | +€15,646 | +43.6% |
| Trade receivables | 40 | €35,749 | €51,540 | +€15,791 | +44.2% |
| Other amounts receivable | 41 | €144 | €0 | -€144 | -100% |
| Cash at bank and in hand | 54/58 | €43 | €23,322 | +€23,279 | +53,812% |
| Deferred charges and accrued income | 490/1 | €116 | €1,373 | +€1,256 | +1,079% |
| Total equity and liabilities | 10/49 | €489,800 | €469,369 | -€20,430 | -4.2% |
| Equity | 10/15 | €161,734 | €172,519 | +€10,785 | +6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €149,334 | €160,119 | +€10,785 | +7.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €149,334 | €160,119 | +€10,785 | +7.2% |
| Amounts payable | 17/49 | €328,066 | €296,851 | -€31,215 | -9.5% |
| Amounts payable within one year | 42/48 | €328,066 | €296,851 | -€31,215 | -9.5% |
| Trade debts | 44 | €106,385 | €91,386 | -€14,999 | -14.1% |
| Suppliers | 440/4 | €106,385 | €91,386 | -€14,999 | -14.1% |
| Taxes, remuneration and social security | 45 | €2,699 | €4,164 | +€1,465 | +54.3% |
| Taxes | 450/3 | €2,699 | €4,164 | +€1,465 | +54.3% |
| Other amounts payable | 47/48 | €218,983 | €201,301 | -€17,682 | -8.1% |
| Non-recurring operating income | 76A | €48,865 | €70,000 | +€21,135 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €756 | €10,159 | +€9,403 | +1,244% |
| Other operating charges | 640/8 | €4,034 | €3,469 | -€565 | -14.0% |
| Non-recurring operating charges | 66A | - | €36,900 | +€36,900 | |
| Gross operating margin | 9900 | €14,216 | €61,809 | +€47,592 | +335% |
| Operating profit (loss) | 9901 | €9,427 | €11,281 | +€1,854 | +19.7% |
| Financial income | 75/76B | €0 | €700 | +€700 | +3,499,500% |
| Recurring financial income | 75 | €0 | €700 | +€700 | +3,499,500% |
| Financial charges | 65/66B | €6,350 | €117 | -€6,233 | -98.2% |
| Recurring financial charges | 65 | €6,350 | €117 | -€6,233 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €3,077 | €11,864 | +€8,787 | +286% |
| Income taxes | 67/77 | €1,327 | €1,079 | -€248 | -18.7% |
| Profit (loss) for the period | 9904 | €1,750 | €10,785 | +€9,035 | +516% |
| Profit (loss) for the period to be appropriated | 9905 | €1,750 | €10,785 | +€9,035 | +516% |
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 13 October 2026 via checked.be.