VOSSEN MANNENMODE BALEN: 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.
What changed
VOSSEN MANNENMODE BALEN
NACE 47.712, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,174
2024 · €39,064-€44,238
Equity
€632,543
2024 · €637,717-€5,174
Cash
€11,865
2024 · €3,317+€8,548
Balance sheet total
€905,224
2024 · €931,550-€26,326
Largest movements
Assets
- Tangible fixed assets -€22,702
down €22,702 (-4.8%), from €474,020 to €451,318
of which Land and buildings: -€17,680
- Stocks and contracts -€20,648
down €20,648 (-4.6%), from €452,064 to €431,416
- Receivables within one year +€10,286
up €10,286 (+11,853%), from €87 to €10,373
of which Other amounts receivable: +€6,836
Equity and liabilities
- Debts after one year -€16,937
down €16,937 (-82.8%), from €20,466 to €3,529
Income statement
- Gross operating margin -€54,013
down €54,013 (-46.9%), from €115,111 to €61,098
- Taxes -€9,069
down €9,069 (-81.3%), from €11,161 to €2,092
- Financial charges -€2,695
down €2,695 (-14.5%), from €18,648 to €15,952
- Staff costs +€1,692
up €1,692 (+8.8%), from €19,270 to €20,962
- Other operating charges -€1,595
down €1,595 (-20.6%), from €7,751 to €6,156
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.
Result 2024
€39,064
Gross operating margin
-€54,013
Staff costs
-€1,692
Depreciation
-€672
Other operating charges
+€1,595
Other operating items
+€50
Financial income
-€1,270
Financial charges
+€2,695
Taxes
+€9,069
Result 2025
-€5,174
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€24,722
Investment
€0
Financing
-€16,174
Cash 2024
€3,317
From operations (derived)
+€24,722
Net result for the year
-€5,174
Depreciation
+€22,702
Stocks and contracts
+€20,648
Receivables within one year
-€10,286
Deferred charges and accrued income
+€1,810
Trade debts
-€8,121
Tax, wage and social debts
+€129
Other debts
-€1,638
Accrued charges and deferred income
+€4,653
Financing
-€16,174
Debts after one year
-€16,937
Current portion of long-term debt
+€763
Cash 2025
€11,865
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €931,550 | €905,224 | -€26,326 | -2.8% |
| Fixed assets | 21/28 | €474,020 | €451,318 | -€22,702 | -4.8% |
| Tangible fixed assets | 22/27 | €474,020 | €451,318 | -€22,702 | -4.8% |
| Land and buildings | 22 | €456,203 | €438,523 | -€17,680 | -3.9% |
| Plant, machinery and equipment | 23 | €14,346 | €10,334 | -€4,012 | -28.0% |
| Furniture and vehicles | 24 | €3,471 | €2,461 | -€1,010 | -29.1% |
| Current assets | 29/58 | €457,530 | €453,906 | -€3,624 | -0.8% |
| Stocks and contracts in progress | 3 | €452,064 | €431,416 | -€20,648 | -4.6% |
| Stocks | 30/36 | €452,064 | €431,416 | -€20,648 | -4.6% |
| Amounts receivable within one year | 40/41 | €87 | €10,373 | +€10,286 | +11,853% |
| Trade receivables | 40 | €0 | €3,450 | +€3,450 | |
| Other amounts receivable | 41 | €87 | €6,923 | +€6,836 | +7,877% |
| Cash at bank and in hand | 54/58 | €3,317 | €11,865 | +€8,548 | +258% |
| Deferred charges and accrued income | 490/1 | €2,062 | €252 | -€1,810 | -87.8% |
| Total equity and liabilities | 10/49 | €931,550 | €905,224 | -€26,326 | -2.8% |
| Equity | 10/15 | €637,717 | €632,543 | -€5,174 | -0.8% |
| Contributions | 10/11 | €141,673 | €141,673 | = | 0.0% |
| Capital | 10 | €141,673 | €141,673 | = | 0.0% |
| Issued capital | 100 | €141,673 | €141,673 | = | 0.0% |
| Revaluation surpluses | 12 | €623,762 | €623,762 | = | 0.0% |
| Reserves | 13 | €97,100 | €97,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,167 | €14,167 | = | 0.0% |
| Legal reserve | 130 | €14,167 | €14,167 | = | 0.0% |
| Distributable reserves | 133 | €82,933 | €82,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€224,818 | -€229,992 | -€5,174 | -2.3% |
| Amounts payable | 17/49 | €293,833 | €272,681 | -€21,152 | -7.2% |
| Amounts payable after more than one year | 17 | €20,466 | €3,529 | -€16,937 | -82.8% |
| Financial debts | 170/4 | €20,466 | €3,529 | -€16,937 | -82.8% |
| Amounts payable within one year | 42/48 | €273,261 | €264,394 | -€8,868 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €16,174 | €16,937 | +€763 | +4.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €32,565 | €24,444 | -€8,121 | -24.9% |
| Suppliers | 440/4 | €32,565 | €24,444 | -€8,121 | -24.9% |
| Taxes, remuneration and social security | 45 | €24,637 | €24,766 | +€129 | +0.5% |
| Taxes | 450/3 | €22,619 | €20,967 | -€1,653 | -7.3% |
| Remuneration and social security | 454/9 | €2,018 | €3,800 | +€1,782 | +88.3% |
| Other amounts payable | 47/48 | €99,885 | €98,247 | -€1,638 | -1.6% |
| Accrued charges and deferred income | 492/3 | €106 | €4,758 | +€4,653 | +4,396% |
| Remuneration, social security and pensions | 62 | €19,270 | €20,962 | +€1,692 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,029 | €22,702 | +€672 | +3.1% |
| Other operating charges | 640/8 | €7,751 | €6,156 | -€1,595 | -20.6% |
| Non-recurring operating charges | 66A | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €115,111 | €61,098 | -€54,013 | -46.9% |
| Operating profit (loss) | 9901 | €66,011 | €11,279 | -€54,732 | -82.9% |
| Financial income | 75/76B | €2,862 | €1,591 | -€1,270 | -44.4% |
| Recurring financial income | 75 | €2,862 | €1,591 | -€1,270 | -44.4% |
| Financial charges | 65/66B | €18,648 | €15,952 | -€2,695 | -14.5% |
| Recurring financial charges | 65 | €18,648 | €15,952 | -€2,695 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €50,225 | -€3,082 | -€53,307 | |
| Income taxes | 67/77 | €11,161 | €2,092 | -€9,069 | -81.3% |
| Profit (loss) for the period | 9904 | €39,064 | -€5,174 | -€44,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,064 | -€5,174 | -€44,238 |
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 24 October 2026 via checked.be.