Agentschap Vangronsveld: 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.
What changed
Agentschap Vangronsveld
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€411,158
2024 · €362,385+€48,773
Equity
€1.3m
2024 · €1.3m-€83,104
Cash
€13,079
2024 · €18,697-€5,617
Balance sheet total
€2.7m
2024 · €2.6m+€133,625
Largest movements
Assets
- Tangible fixed assets -€503,690
down €503,690 (-82.0%), from €614,228 to €110,538
of which Land and buildings: -€475,738
- Receivables within one year +€344,543
up €344,543 (+20.5%), from €1.7m to €2.0m
of which Other amounts receivable: +€339,904
- Current investments +€275,000
up €275,000 (+110%), from €250,000 to €525,000
- Receivables after one year +€28,289
new in 2025: €28,289
Equity and liabilities
- Other debts +€138,083
up €138,083 (+12.7%), from €1.1m to €1.2m
- Accrued charges and deferred income +€86,840
up €86,840 (+155%), from €55,950 to €142,791
- Reserves -€59,128
down €59,128 (-4.7%), from €1.3m to €1.2m
of which Distributable reserves: -€53,601
Income statement
- Gross operating margin +€89,125
up €89,125 (+10.5%), from €847,385 to €936,510
- Financial charges +€24,367
up €24,367 (+22.3%), from €109,024 to €133,391
- Staff costs +€18,577
up €18,577 (+8.6%), from €216,561 to €235,139
- Taxes +€14,824
up €14,824 (+12.4%), from €120,013 to €134,837
- Financial income +€9,781
up €9,781 (+24.4%), from €40,137 to €49,919
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.
Result 2024
€362,385
Gross operating margin
+€89,125
Staff costs
-€18,577
Depreciation
+€9,055
Provisions
-€1,864
Other operating charges
+€143
Other operating items
+€299
Financial income
+€9,781
Financial charges
-€24,367
Taxes
-€14,824
Result 2025
€411,158
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€308,609
Investment
+€180,036
Financing
-€494,262
Cash 2024
€18,697
From operations (derived)
+€308,609
Net result for the year
+€411,158
Depreciation
+€54,704
Receivables after one year
-€28,289
Receivables within one year
-€344,543
Deferred charges and accrued income
-€1,150
Provisions
+€5,179
Trade debts
+€1,572
Tax, wage and social debts
-€14,946
Other debts
+€138,083
Accrued charges and deferred income
+€86,840
Investment (derived)
+€180,036
Investment in fixed assets (net)
+€455,036
Current investments
-€275,000
Financing
-€494,262
Contributions, distributions and other
-€494,262
Cash 2025
€13,079
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,592,229 | €2,725,854 | +€133,625 | +5.2% |
| Fixed assets | 21/28 | €640,957 | €131,217 | -€509,740 | -79.5% |
| Intangible fixed assets | 21 | €26,729 | €20,679 | -€6,050 | -22.6% |
| Tangible fixed assets | 22/27 | €614,228 | €110,538 | -€503,690 | -82.0% |
| Land and buildings | 22 | €475,738 | - | -€475,738 | |
| Plant, machinery and equipment | 23 | €26,594 | €24,640 | -€1,954 | -7.3% |
| Furniture and vehicles | 24 | €111,895 | €85,897 | -€25,998 | -23.2% |
| Current assets | 29/58 | €1,951,272 | €2,594,637 | +€643,365 | +33.0% |
| Amounts receivable after more than one year | 29 | - | €28,289 | +€28,289 | |
| Other amounts receivable | 291 | - | €28,289 | +€28,289 | |
| Amounts receivable within one year | 40/41 | €1,682,575 | €2,027,119 | +€344,543 | +20.5% |
| Trade receivables | 40 | €5,279 | €9,918 | +€4,640 | +87.9% |
| Other amounts receivable | 41 | €1,677,297 | €2,017,200 | +€339,904 | +20.3% |
| Current investments | 50/53 | €250,000 | €525,000 | +€275,000 | +110% |
| Cash at bank and in hand | 54/58 | €18,697 | €13,079 | -€5,617 | -30.0% |
| Deferred charges and accrued income | 490/1 | - | €1,150 | +€1,150 | |
| Total equity and liabilities | 10/49 | €2,592,229 | €2,725,854 | +€133,625 | +5.2% |
| Equity | 10/15 | €1,343,971 | €1,260,867 | -€83,104 | -6.2% |
| Contributions | 10/11 | €79,326 | €55,350 | -€23,976 | -30.2% |
| Capital | 10 | €79,326 | €55,350 | -€23,976 | -30.2% |
| Issued capital | 100 | €79,326 | €55,350 | -€23,976 | -30.2% |
| Reserves | 13 | €1,264,645 | €1,205,517 | -€59,128 | -4.7% |
| Non-distributable reserves | 130/1 | €18,285 | €12,759 | -€5,527 | -30.2% |
| Legal reserve | 130 | €18,285 | €12,759 | -€5,527 | -30.2% |
| Distributable reserves | 133 | €1,246,359 | €1,192,758 | -€53,601 | -4.3% |
| Provisions and deferred taxes | 16 | €47,536 | €52,716 | +€5,179 | +10.9% |
| Provisions for liabilities and charges | 160/5 | €47,536 | €52,716 | +€5,179 | +10.9% |
| Other liabilities and charges | 164/5 | €47,536 | €52,716 | +€5,179 | +10.9% |
| Amounts payable | 17/49 | €1,200,722 | €1,412,272 | +€211,550 | +17.6% |
| Amounts payable within one year | 42/48 | €1,144,772 | €1,269,481 | +€124,709 | +10.9% |
| Trade debts | 44 | €29,939 | €31,511 | +€1,572 | +5.3% |
| Suppliers | 440/4 | €29,939 | €31,511 | +€1,572 | +5.3% |
| Taxes, remuneration and social security | 45 | €27,101 | €12,155 | -€14,946 | -55.1% |
| Taxes | 450/3 | €11,920 | €7,949 | -€3,971 | -33.3% |
| Remuneration and social security | 454/9 | €15,181 | €4,206 | -€10,976 | -72.3% |
| Other amounts payable | 47/48 | €1,087,731 | €1,225,815 | +€138,083 | +12.7% |
| Accrued charges and deferred income | 492/3 | €55,950 | €142,791 | +€86,840 | +155% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €216,561 | €235,139 | +€18,577 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,760 | €54,704 | -€9,055 | -14.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,316 | €5,179 | +€1,864 | +56.2% |
| Other operating charges | 640/8 | €12,164 | €12,021 | -€143 | -1.2% |
| Non-recurring operating charges | 66A | €299 | - | -€299 | |
| Gross operating margin | 9900 | €847,385 | €936,510 | +€89,125 | +10.5% |
| Operating profit (loss) | 9901 | €551,285 | €629,467 | +€78,182 | +14.2% |
| Financial income | 75/76B | €40,137 | €49,919 | +€9,781 | +24.4% |
| Recurring financial income | 75 | €40,137 | €49,919 | +€9,781 | +24.4% |
| Financial charges | 65/66B | €109,024 | €133,391 | +€24,367 | +22.3% |
| Recurring financial charges | 65 | €109,024 | €133,391 | +€24,367 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €482,398 | €545,995 | +€63,597 | +13.2% |
| Income taxes | 67/77 | €120,013 | €134,837 | +€14,824 | +12.4% |
| Profit (loss) for the period | 9904 | €362,385 | €411,158 | +€48,773 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €362,385 | €411,158 | +€48,773 | +13.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.