ACH 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.
ACH VASTGOED
Largest movements
- Tangible fixed assets -€14,968
down €14,968 (-3.6%), from €417,888 to €402,920
of which Land and buildings: -€13,680
- Other debts +€55,276
up €55,276 (+18.4%), from €299,820 to €355,096
- Debts after one year -€42,936
down €42,936 (-19.8%), from €216,417 to €173,481
- Profit (loss) carried forward -€22,945
down €22,945 (-10.5%), from -€217,710 to -€240,655
- Current portion of long-term debt -€4,604
down €4,604 (-23.9%), from €19,271 to €14,667
- Staff costs -€33,926
down €33,926 (-84.1%), from €40,316 to €6,391
- Gross operating margin +€10,460
up €10,460, from -€3,672 to €6,788
- Other operating charges +€2,737
up €2,737 (+4,718%), from €58 to €2,795
- Financial charges -€2,319
down €2,319 (-31.8%), from €7,285 to €4,966
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 | €423,085 | €407,877 | -€15,208 | -3.6% |
| Fixed assets | 21/28 | €417,888 | €402,920 | -€14,968 | -3.6% |
| Tangible fixed assets | 22/27 | €417,888 | €402,920 | -€14,968 | -3.6% |
| Land and buildings | 22 | €414,409 | €400,728 | -€13,680 | -3.3% |
| Furniture and vehicles | 24 | €3,479 | €2,191 | -€1,288 | -37.0% |
| Current assets | 29/58 | €5,198 | €4,957 | -€241 | -4.6% |
| Amounts receivable within one year | 40/41 | €2,247 | €3,839 | +€1,591 | +70.8% |
| Trade receivables | 40 | €2,247 | €3,839 | +€1,591 | +70.8% |
| Cash at bank and in hand | 54/58 | €2,950 | €1,118 | -€1,832 | -62.1% |
| Total equity and liabilities | 10/49 | €423,085 | €407,877 | -€15,208 | -3.6% |
| Equity | 10/15 | -€117,710 | -€140,655 | -€22,945 | -19.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,710 | -€240,655 | -€22,945 | -10.5% |
| Amounts payable | 17/49 | €540,795 | €548,532 | +€7,737 | +1.4% |
| Amounts payable after more than one year | 17 | €216,417 | €173,481 | -€42,936 | -19.8% |
| Financial debts | 170/4 | €216,417 | €173,481 | -€42,936 | -19.8% |
| Amounts payable within one year | 42/48 | €324,378 | €375,050 | +€50,672 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €19,271 | €14,667 | -€4,604 | -23.9% |
| Taxes, remuneration and social security | 45 | €5,287 | €5,287 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,287 | €5,287 | = | 0.0% |
| Other amounts payable | 47/48 | €299,820 | €355,096 | +€55,276 | +18.4% |
| Remuneration, social security and pensions | 62 | €40,316 | €6,391 | -€33,926 | -84.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,552 | €15,582 | +€30 | +0.2% |
| Other operating charges | 640/8 | €58 | €2,795 | +€2,737 | +4,718% |
| Gross operating margin | 9900 | -€3,672 | €6,788 | +€10,460 | |
| Operating profit (loss) | 9901 | -€59,598 | -€17,979 | +€41,620 | +69.8% |
| Financial charges | 65/66B | €7,285 | €4,966 | -€2,319 | -31.8% |
| Recurring financial charges | 65 | €7,285 | €4,966 | -€2,319 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€66,883 | -€22,945 | +€43,938 | +65.7% |
| Profit (loss) for the period | 9904 | -€66,883 | -€22,945 | +€43,938 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,883 | -€22,945 | +€43,938 | +65.7% |
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 20 October 2026 via checked.be.