VT 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.
VT Food
Largest movements
- Cash -€29,128
down €29,128 (-49.3%), from €59,121 to €29,993
mainly Trade debts (-€30,016) and Tax, wage and social debts (-€13,843)
- Receivables within one year -€9,837
down €9,837 (-3.3%), from €296,882 to €287,045
of which Trade receivables: -€13,562
- Trade debts -€30,016
down €30,016 (-24.5%), from €122,748 to €92,732
- Tax, wage and social debts -€13,843
down €13,843 (-50.5%), from €27,390 to €13,547
of which Taxes: -€12,115
- Staff costs +€23,748
up €23,748 (+91.7%), from €25,910 to €49,658
- Taxes -€6,191
down €6,191 (-62.7%), from €9,869 to €3,678
- Gross operating margin -€2,174
down €2,174 (-3.3%), from €66,352 to €64,178
- Other operating charges -€2,067
down €2,067 (-31.2%), from €6,615 to €4,548
- Write-downs +€992
up €992 (+74.9%), from €1,324 to €2,316
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 | €404,014 | €361,288 | -€42,726 | -10.6% |
| Fixed assets | 21/28 | €10,532 | €8,291 | -€2,241 | -21.3% |
| Tangible fixed assets | 22/27 | €8,475 | €6,234 | -€2,241 | -26.4% |
| Plant, machinery and equipment | 23 | €3,785 | €2,884 | -€901 | -23.8% |
| Furniture and vehicles | 24 | €4,690 | €3,350 | -€1,340 | -28.6% |
| Financial fixed assets | 28 | €2,057 | €2,057 | = | 0.0% |
| Current assets | 29/58 | €393,482 | €352,997 | -€40,485 | -10.3% |
| Stocks and contracts in progress | 3 | €37,479 | €35,959 | -€1,520 | -4.1% |
| Stocks | 30/36 | €37,479 | €35,959 | -€1,520 | -4.1% |
| Amounts receivable within one year | 40/41 | €296,882 | €287,045 | -€9,837 | -3.3% |
| Trade receivables | 40 | €280,263 | €266,701 | -€13,562 | -4.8% |
| Other amounts receivable | 41 | €16,619 | €20,344 | +€3,725 | +22.4% |
| Cash at bank and in hand | 54/58 | €59,121 | €29,993 | -€29,128 | -49.3% |
| Total equity and liabilities | 10/49 | €404,014 | €361,288 | -€42,726 | -10.6% |
| Equity | 10/15 | €252,527 | €252,613 | +€86 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €25,657 | €25,743 | +€86 | +0.3% |
| Distributable reserves | 133 | €25,657 | €25,743 | +€86 | +0.3% |
| Profit (loss) carried forward | 14 | €208,278 | €208,278 | = | 0.0% |
| Amounts payable | 17/49 | €151,487 | €108,675 | -€42,812 | -28.3% |
| Amounts payable within one year | 42/48 | €151,487 | €108,675 | -€42,812 | -28.3% |
| Trade debts | 44 | €122,748 | €92,732 | -€30,016 | -24.5% |
| Suppliers | 440/4 | €122,748 | €92,732 | -€30,016 | -24.5% |
| Taxes, remuneration and social security | 45 | €27,390 | €13,547 | -€13,843 | -50.5% |
| Taxes | 450/3 | €25,662 | €13,547 | -€12,115 | -47.2% |
| Remuneration and social security | 454/9 | €1,728 | - | -€1,728 | |
| Other amounts payable | 47/48 | €1,349 | €2,396 | +€1,047 | +77.6% |
| Remuneration, social security and pensions | 62 | €25,910 | €49,658 | +€23,748 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,326 | €2,241 | +€915 | +69.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,324 | €2,316 | +€992 | +74.9% |
| Other operating charges | 640/8 | €6,615 | €4,548 | -€2,067 | -31.2% |
| Gross operating margin | 9900 | €66,352 | €64,178 | -€2,174 | -3.3% |
| Operating profit (loss) | 9901 | €31,177 | €5,415 | -€25,762 | -82.6% |
| Financial charges | 65/66B | €1,369 | €1,651 | +€282 | +20.6% |
| Recurring financial charges | 65 | €1,369 | €1,651 | +€282 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €29,808 | €3,764 | -€26,044 | -87.4% |
| Income taxes | 67/77 | €9,869 | €3,678 | -€6,191 | -62.7% |
| Profit (loss) for the period | 9904 | €19,939 | €86 | -€19,853 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,939 | €86 | -€19,853 | -99.6% |
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.