VS Food: 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.
VS Food
Largest movements
- Tangible fixed assets +€312,754
up €312,754 (+12,514%), from €2,499 to €315,253
of which Other tangible fixed assets: +€313,004
- Receivables within one year +€18,782
up €18,782 (+1,812%), from €1,036 to €19,818
- Intangible fixed assets +€13,087
new in 2025: €13,087
- Cash -€5,323
down €5,323 (-77.2%), from €6,898 to €1,575
mainly Investment in fixed assets (net) (-€338,202) and Receivables within one year (-€18,782)
- Other debts +€178,429
new in 2025: €178,429
- Debts after one year +€133,597
new in 2025: €133,597
- Trade debts +€32,404
up €32,404 (+1,071%), from €3,025 to €35,429
- Profit (loss) carried forward -€11,533
down €11,533 (-445%), from -€2,591 to -€14,125
- Current portion of long-term debt +€6,403
new in 2025: €6,403
- Depreciation +€12,361
up €12,361 (+1,817,806%), from €1 to €12,362
- Gross operating margin +€5,708
up €5,708, from -€2,435 to €3,273
- Financial charges +€2,065
new in 2025: €2,065
- Other operating charges +€225
up €225 (+144%), from €156 to €380
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 | €10,434 | €349,733 | +€339,299 | +3,252% |
| Fixed assets | 21/28 | €2,499 | €328,340 | +€325,841 | +13,037% |
| Intangible fixed assets | 21 | - | €13,087 | +€13,087 | |
| Tangible fixed assets | 22/27 | €2,499 | €315,253 | +€312,754 | +12,514% |
| Plant, machinery and equipment | 23 | €2,499 | €2,249 | -€250 | -10.0% |
| Other tangible fixed assets | 26 | - | €313,004 | +€313,004 | |
| Current assets | 29/58 | €7,935 | €21,393 | +€13,458 | +170% |
| Amounts receivable within one year | 40/41 | €1,036 | €19,818 | +€18,782 | +1,812% |
| Other amounts receivable | 41 | €1,036 | €19,818 | +€18,782 | +1,812% |
| Cash at bank and in hand | 54/58 | €6,898 | €1,575 | -€5,323 | -77.2% |
| Total equity and liabilities | 10/49 | €10,434 | €349,733 | +€339,299 | +3,252% |
| Equity | 10/15 | €7,409 | -€4,125 | -€11,533 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,591 | -€14,125 | -€11,533 | -445% |
| Amounts payable | 17/49 | €3,025 | €353,858 | +€350,833 | +11,598% |
| Amounts payable after more than one year | 17 | - | €133,597 | +€133,597 | |
| Financial debts | 170/4 | - | €133,597 | +€133,597 | |
| Amounts payable within one year | 42/48 | €3,025 | €220,260 | +€217,235 | +7,181% |
| Current portion of amounts payable after more than one year | 42 | - | €6,403 | +€6,403 | |
| Trade debts | 44 | €3,025 | €35,429 | +€32,404 | +1,071% |
| Suppliers | 440/4 | €3,025 | €35,429 | +€32,404 | +1,071% |
| Other amounts payable | 47/48 | - | €178,429 | +€178,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €12,362 | +€12,361 | +1,817,806% |
| Other operating charges | 640/8 | €156 | €380 | +€225 | +144% |
| Gross operating margin | 9900 | -€2,435 | €3,273 | +€5,708 | |
| Operating profit (loss) | 9901 | -€2,591 | -€9,469 | -€6,878 | -265% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €2,065 | +€2,065 | |
| Recurring financial charges | 65 | - | €2,065 | +€2,065 | |
| Profit (loss) for the period before taxes | 9903 | -€2,591 | -€11,533 | -€8,942 | -345% |
| Profit (loss) for the period | 9904 | -€2,591 | -€11,533 | -€8,942 | -345% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,591 | -€11,533 | -€8,942 | -345% |
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 31 October 2026 via checked.be.