VU GASTRO: 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.
VU GASTRO
Largest movements
- Receivables within one year +€42,782
up €42,782 (+50.5%), from €84,711 to €127,493
of which Other amounts receivable: +€55,949
- Tangible fixed assets -€9,481
down €9,481 (-22.4%), from €42,316 to €32,835
of which Furniture and vehicles: -€5,100
- Cash +€9,283
up €9,283 (+16.4%), from €56,718 to €66,001
mainly Net result for the year (+€65,818) and Tax, wage and social debts (+€20,150)
- Reserves +€65,818
up €65,818 (+118%), from €55,590 to €121,408
- Trade debts -€32,636
down €32,636 (-50.6%), from €64,545 to €31,908
- Debts after one year -€21,348
down €21,348 (-56.8%), from €37,610 to €16,263
- Tax, wage and social debts +€20,150
up €20,150 (+197%), from €10,227 to €30,377
- Current portion of long-term debt +€10,576
up €10,576 (+98.2%), from €10,772 to €21,348
- Gross operating margin +€33,053
up €33,053 (+47.5%), from €69,623 to €102,676
- Taxes +€7,555
up €7,555 (+51.1%), from €14,795 to €22,350
- Depreciation +€1,271
up €1,271 (+14.0%), from €9,088 to €10,359
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 | €183,744 | €226,329 | +€42,585 | +23.2% |
| Fixed assets | 21/28 | €42,316 | €32,835 | -€9,481 | -22.4% |
| Tangible fixed assets | 22/27 | €42,316 | €32,835 | -€9,481 | -22.4% |
| Land and buildings | 22 | €13,314 | €12,504 | -€810 | -6.1% |
| Plant, machinery and equipment | 23 | €12,948 | €9,377 | -€3,571 | -27.6% |
| Furniture and vehicles | 24 | €16,053 | €10,953 | -€5,100 | -31.8% |
| Current assets | 29/58 | €141,428 | €193,494 | +€52,066 | +36.8% |
| Amounts receivable within one year | 40/41 | €84,711 | €127,493 | +€42,782 | +50.5% |
| Trade receivables | 40 | €41,507 | €28,341 | -€13,166 | -31.7% |
| Other amounts receivable | 41 | €43,203 | €99,152 | +€55,949 | +130% |
| Cash at bank and in hand | 54/58 | €56,718 | €66,001 | +€9,283 | +16.4% |
| Total equity and liabilities | 10/49 | €183,744 | €226,329 | +€42,585 | +23.2% |
| Equity | 10/15 | €60,590 | €126,408 | +€65,818 | +109% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,590 | €121,408 | +€65,818 | +118% |
| Distributable reserves | 133 | €55,590 | €121,408 | +€65,818 | +118% |
| Amounts payable | 17/49 | €123,154 | €99,921 | -€23,234 | -18.9% |
| Amounts payable after more than one year | 17 | €37,610 | €16,263 | -€21,348 | -56.8% |
| Financial debts | 170/4 | €37,610 | €16,263 | -€21,348 | -56.8% |
| Amounts payable within one year | 42/48 | €85,544 | €83,658 | -€1,886 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €10,772 | €21,348 | +€10,576 | +98.2% |
| Trade debts | 44 | €64,545 | €31,908 | -€32,636 | -50.6% |
| Suppliers | 440/4 | €64,545 | €31,908 | -€32,636 | -50.6% |
| Taxes, remuneration and social security | 45 | €10,227 | €30,377 | +€20,150 | +197% |
| Taxes | 450/3 | €10,227 | €30,377 | +€20,150 | +197% |
| Other amounts payable | 47/48 | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | €576 | €374 | -€202 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,088 | €10,359 | +€1,271 | +14.0% |
| Other operating charges | 640/8 | €598 | €1,272 | +€674 | +113% |
| Gross operating margin | 9900 | €69,623 | €102,676 | +€33,053 | +47.5% |
| Operating profit (loss) | 9901 | €59,362 | €90,670 | +€31,309 | +52.7% |
| Financial income | 75/76B | €714 | €1 | -€713 | -99.8% |
| Recurring financial income | 75 | €714 | €1 | -€713 | -99.8% |
| Financial charges | 65/66B | €2,526 | €2,503 | -€23 | -0.9% |
| Recurring financial charges | 65 | €2,526 | €2,503 | -€23 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €57,550 | €88,168 | +€30,618 | +53.2% |
| Income taxes | 67/77 | €14,795 | €22,350 | +€7,555 | +51.1% |
| Profit (loss) for the period | 9904 | €42,755 | €65,818 | +€23,063 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,755 | €65,818 | +€23,063 | +53.9% |
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 27 October 2026 via checked.be.