Vosseslag Beach: 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.
Vosseslag Beach
Largest movements
- Tangible fixed assets +€57,609
up €57,609 (+75.8%), from €75,985 to €133,594
of which Furniture and vehicles: +€68,092
- Cash -€4,747
down €4,747 (-56.5%), from €8,409 to €3,662
mainly Investment in fixed assets (net) (-€85,684) and Net result for the year (-€15,683)
- Stocks and contracts -€3,007
down €3,007 (-37.8%), from €7,963 to €4,956
- Intangible fixed assets -€2,500
down €2,500 (-15.0%), from €16,671 to €14,171
- Debts after one year +€30,631
up €30,631 (+101%), from €30,249 to €60,880
- Other debts +€16,748
up €16,748 (+38.1%), from €43,913 to €60,661
- Profit (loss) carried forward -€15,683
down €15,683 (-463%), from -€3,385 to -€19,068
- Current portion of long-term debt +€12,601
up €12,601 (+117%), from €10,745 to €23,345
- Tax, wage and social debts +€6,209
up €6,209 (+266%), from €2,334 to €8,542
of which Remuneration and social security: +€3,712
- Gross operating margin +€44,159
up €44,159 (+62.6%), from €70,487 to €114,645
- Staff costs +€39,089
up €39,089 (+84.8%), from €46,116 to €85,205
- Depreciation +€14,108
up €14,108 (+85.7%), from €16,468 to €30,576
- Other operating charges +€3,369
up €3,369 (+49.4%), from €6,820 to €10,189
- Financial charges +€2,615
up €2,615 (+162%), from €1,612 to €4,227
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 | €114,005 | €161,372 | +€47,367 | +41.5% |
| Fixed assets | 21/28 | €92,656 | €147,765 | +€55,109 | +59.5% |
| Intangible fixed assets | 21 | €16,671 | €14,171 | -€2,500 | -15.0% |
| Tangible fixed assets | 22/27 | €75,985 | €133,594 | +€57,609 | +75.8% |
| Plant, machinery and equipment | 23 | €68,876 | €58,393 | -€10,483 | -15.2% |
| Furniture and vehicles | 24 | €7,109 | €75,201 | +€68,092 | +958% |
| Current assets | 29/58 | €21,349 | €13,607 | -€7,742 | -36.3% |
| Stocks and contracts in progress | 3 | €7,963 | €4,956 | -€3,007 | -37.8% |
| Stocks | 30/36 | €7,963 | €4,956 | -€3,007 | -37.8% |
| Amounts receivable within one year | 40/41 | €4,976 | €3,384 | -€1,593 | -32.0% |
| Trade receivables | 40 | €1,008 | €0 | -€1,008 | -100% |
| Other amounts receivable | 41 | €3,968 | €3,384 | -€585 | -14.7% |
| Cash at bank and in hand | 54/58 | €8,409 | €3,662 | -€4,747 | -56.5% |
| Deferred charges and accrued income | 490/1 | - | €1,605 | +€1,605 | |
| Total equity and liabilities | 10/49 | €114,005 | €161,372 | +€47,367 | +41.5% |
| Equity | 10/15 | €15,215 | -€468 | -€15,683 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,385 | -€19,068 | -€15,683 | -463% |
| Amounts payable | 17/49 | €98,790 | €161,840 | +€63,050 | +63.8% |
| Amounts payable after more than one year | 17 | €30,249 | €60,880 | +€30,631 | +101% |
| Financial debts | 170/4 | €30,249 | €60,880 | +€30,631 | +101% |
| Amounts payable within one year | 42/48 | €68,502 | €100,460 | +€31,958 | +46.7% |
| Current portion of amounts payable after more than one year | 42 | €10,745 | €23,345 | +€12,601 | +117% |
| Financial debts | 43 | - | €2,015 | +€2,015 | |
| Credit institutions | 430/8 | - | €2,015 | +€2,015 | |
| Trade debts | 44 | €11,511 | €5,897 | -€5,613 | -48.8% |
| Suppliers | 440/4 | €11,511 | €5,897 | -€5,613 | -48.8% |
| Taxes, remuneration and social security | 45 | €2,334 | €8,542 | +€6,209 | +266% |
| Taxes | 450/3 | €752 | €3,248 | +€2,496 | +332% |
| Remuneration and social security | 454/9 | €1,581 | €5,294 | +€3,712 | +235% |
| Other amounts payable | 47/48 | €43,913 | €60,661 | +€16,748 | +38.1% |
| Accrued charges and deferred income | 492/3 | €39 | €500 | +€461 | +1,170% |
| Remuneration, social security and pensions | 62 | €46,116 | €85,205 | +€39,089 | +84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,468 | €30,576 | +€14,108 | +85.7% |
| Other operating charges | 640/8 | €6,820 | €10,189 | +€3,369 | +49.4% |
| Gross operating margin | 9900 | €70,487 | €114,645 | +€44,159 | +62.6% |
| Operating profit (loss) | 9901 | €1,083 | -€11,325 | -€12,408 | |
| Financial income | 75/76B | €27 | €101 | +€74 | +270% |
| Recurring financial income | 75 | €27 | €101 | +€74 | +270% |
| Financial charges | 65/66B | €1,612 | €4,227 | +€2,615 | +162% |
| Recurring financial charges | 65 | €1,612 | €4,227 | +€2,615 | +162% |
| Profit (loss) for the period before taxes | 9903 | -€502 | -€15,451 | -€14,949 | -2,978% |
| Income taxes | 67/77 | €978 | €232 | -€746 | -76.3% |
| Profit (loss) for the period | 9904 | -€1,480 | -€15,683 | -€14,202 | -959% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,480 | -€15,683 | -€14,202 | -959% |
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 23 October 2026 via checked.be.