AREND 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.
AREND VASTGOED
Largest movements
- Stocks and contracts +€318,580
up €318,580 (+89.0%), from €357,778 to €676,358
of which Stocks: +€255,599
- Receivables within one year -€27,483
down €27,483 (-46.6%), from €58,997 to €31,514
of which Other amounts receivable: -€17,483
- Cash -€21,465
down €21,465 (-80.0%), from €26,845 to €5,380
mainly Stocks and contracts (-€318,580) and Tax, wage and social debts (-€164)
- Short-term financial debts +€239,879
up €239,879 (+533%), from €45,000 to €284,879
- Profit (loss) carried forward +€26,718
up €26,718 (+20.9%), from -€127,681 to -€100,964
- Gross operating margin +€23,791
up €23,791 (+77.0%), from €30,888 to €54,680
- Other operating charges -€3,012
down €3,012 (-80.5%), from €3,740 to €728
- Financial charges -€893
down €893 (-3.2%), from €28,175 to €27,282
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 | €443,620 | €713,252 | +€269,632 | +60.8% |
| Current assets | 29/58 | €443,620 | €713,252 | +€269,632 | +60.8% |
| Stocks and contracts in progress | 3 | €357,778 | €676,358 | +€318,580 | +89.0% |
| Stocks | 30/36 | €357,778 | €613,378 | +€255,599 | +71.4% |
| Contracts in progress | 37 | - | €62,980 | +€62,980 | |
| Amounts receivable within one year | 40/41 | €58,997 | €31,514 | -€27,483 | -46.6% |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €48,997 | €31,514 | -€17,483 | -35.7% |
| Cash at bank and in hand | 54/58 | €26,845 | €5,380 | -€21,465 | -80.0% |
| Total equity and liabilities | 10/49 | €443,620 | €713,252 | +€269,632 | +60.8% |
| Equity | 10/15 | -€107,221 | -€80,504 | +€26,718 | +24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€127,681 | -€100,964 | +€26,718 | +20.9% |
| Amounts payable | 17/49 | €550,841 | €793,756 | +€242,914 | +44.1% |
| Amounts payable after more than one year | 17 | €497,200 | €497,200 | = | 0.0% |
| Financial debts | 170/4 | €497,200 | €497,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,641 | €296,556 | +€242,914 | +453% |
| Financial debts | 43 | €45,000 | €284,879 | +€239,879 | +533% |
| Credit institutions | 430/8 | €45,000 | €284,879 | +€239,879 | +533% |
| Trade debts | 44 | €1,981 | €5,181 | +€3,200 | +162% |
| Suppliers | 440/4 | €1,981 | €5,181 | +€3,200 | +162% |
| Taxes, remuneration and social security | 45 | €164 | - | -€164 | |
| Taxes | 450/3 | €164 | - | -€164 | |
| Other amounts payable | 47/48 | €6,496 | €6,496 | = | 0.0% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Other operating charges | 640/8 | €3,740 | €728 | -€3,012 | -80.5% |
| Gross operating margin | 9900 | €30,888 | €54,680 | +€23,791 | +77.0% |
| Operating profit (loss) | 9901 | €27,148 | €53,952 | +€26,804 | +98.7% |
| Financial income | 75/76B | €119 | €48 | -€72 | -60.1% |
| Recurring financial income | 75 | €119 | €48 | -€72 | -60.1% |
| Financial charges | 65/66B | €28,175 | €27,282 | -€893 | -3.2% |
| Recurring financial charges | 65 | €28,175 | €27,282 | -€893 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€907 | €26,718 | +€27,625 | |
| Income taxes | 67/77 | €151 | - | -€151 | |
| Profit (loss) for the period | 9904 | -€1,058 | €26,718 | +€27,775 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,058 | €26,718 | +€27,775 |
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 28 October 2026 via checked.be.