ABC VASTGOED: 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.
ABC VASTGOED
Largest movements
- Cash -€18,994
down €18,994 (-72.6%), from €26,173 to €7,179
mainly Debts after one year (-€51,985) and Receivables within one year (-€6,935)
- Tangible fixed assets -€10,224
down €10,224 (-9.7%), from €105,349 to €95,125
of which Land and buildings: -€10,224
- Receivables within one year +€6,935
new in 2025: €6,935
- Debts after one year -€51,985
down €51,985 (-85.5%), from €60,835 to €8,850
of which Financial debts: -€51,985
- Reserves +€18,540
up €18,540 (+42.1%), from €44,053 to €62,593
of which Distributable reserves: +€18,540
- Trade debts +€6,772
up €6,772 (+386%), from €1,755 to €8,527
- Tax, wage and social debts +€4,681
up €4,681 (+78.2%), from €5,989 to €10,669
- Depreciation -€7,603
down €7,603 (-42.6%), from €17,826 to €10,224
- Gross operating margin +€6,247
up €6,247 (+17.6%), from €35,394 to €41,640
- Taxes +€3,496
up €3,496 (+106%), from €3,288 to €6,784
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 | €131,522 | €109,239 | -€22,283 | -16.9% |
| Fixed assets | 21/28 | €105,349 | €95,125 | -€10,224 | -9.7% |
| Tangible fixed assets | 22/27 | €105,349 | €95,125 | -€10,224 | -9.7% |
| Land and buildings | 22 | €105,349 | €95,125 | -€10,224 | -9.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €26,173 | €14,114 | -€12,059 | -46.1% |
| Amounts receivable within one year | 40/41 | - | €6,935 | +€6,935 | |
| Other amounts receivable | 41 | - | €6,935 | +€6,935 | |
| Cash at bank and in hand | 54/58 | €26,173 | €7,179 | -€18,994 | -72.6% |
| Total equity and liabilities | 10/49 | €131,522 | €109,239 | -€22,283 | -16.9% |
| Equity | 10/15 | €62,653 | €81,193 | +€18,540 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,053 | €62,593 | +€18,540 | +42.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,193 | €60,733 | +€18,540 | +43.9% |
| Amounts payable | 17/49 | €68,869 | €28,046 | -€40,823 | -59.3% |
| Amounts payable after more than one year | 17 | €60,835 | €8,850 | -€51,985 | -85.5% |
| Financial debts | 170/4 | €51,985 | €0 | -€51,985 | -100% |
| Other amounts payable | 178/9 | €8,850 | €8,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,034 | €19,196 | +€11,162 | +139% |
| Trade debts | 44 | €1,755 | €8,527 | +€6,772 | +386% |
| Suppliers | 440/4 | €1,755 | €8,527 | +€6,772 | +386% |
| Taxes, remuneration and social security | 45 | €5,989 | €10,669 | +€4,681 | +78.2% |
| Taxes | 450/3 | €5,989 | €10,669 | +€4,681 | +78.2% |
| Other amounts payable | 47/48 | €291 | €0 | -€291 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,826 | €10,224 | -€7,603 | -42.6% |
| Other operating charges | 640/8 | €5,456 | €5,671 | +€215 | +3.9% |
| Gross operating margin | 9900 | €35,394 | €41,640 | +€6,247 | +17.6% |
| Operating profit (loss) | 9901 | €12,112 | €25,746 | +€13,634 | +113% |
| Financial charges | 65/66B | €45 | €422 | +€377 | +837% |
| Recurring financial charges | 65 | €45 | €422 | +€377 | +837% |
| Profit (loss) for the period before taxes | 9903 | €12,067 | €25,324 | +€13,257 | +110% |
| Income taxes | 67/77 | €3,288 | €6,784 | +€3,496 | +106% |
| Profit (loss) for the period | 9904 | €8,779 | €18,540 | +€9,761 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €8,779 | €18,540 | +€9,761 | +111% |
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 16 October 2026 via checked.be.