B & D VASTGOEDBEHEER: what changed
What changed
B & D VASTGOEDBEHEER
NACE 68.321, Property management for co-owned buildings (syndics)
filed annual accounts (NBB)
Net result for the year
-€23,284
2024 · €33,986-€57,269
Equity
€47,984
2024 · €71,268-€23,284
Cash
€21,817
2024 · €19,860+€1,957
Balance sheet total
€157,845
2024 · €159,019-€1,173
Largest movements
Assets
- Cash +€1,957
up €1,957 (+9.9%), from €19,860 to €21,817
mainly Trade debts (+€13,852) and Tax, wage and social debts (+€8,259)
- Tangible fixed assets -€1,723
down €1,723 (-25.8%), from €6,666 to €4,943
of which Furniture and vehicles: -€898
- Deferred charges and accrued income -€1,643
no longer reported in 2025 (was €1,643)
Equity and liabilities
- Profit (loss) carried forward -€23,284
new in 2025: -€23,284
- Trade debts +€13,852
up €13,852 (+85.3%), from €16,235 to €30,087
- Tax, wage and social debts +€8,259
up €8,259 (+11.5%), from €71,515 to €79,774
of which Remuneration and social security: +€7,245
Income statement
- Staff costs +€63,678
up €63,678 (+28.4%), from €224,163 to €287,841
- Taxes -€13,538
no longer reported in 2025 (was €13,538)
- Gross operating margin -€7,691
down €7,691 (-2.7%), from €280,562 to €272,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,986
Gross operating margin
-€7,691
Staff costs
-€63,678
Depreciation
+€1,177
Other operating charges
+€665
Financial income
-€4
Financial charges
-€1,276
Taxes
+€13,538
Result 2025
-€23,284
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,571
Investment
-€1,614
Financing
€0
Cash 2024
€19,860
From operations (derived)
+€3,571
Net result for the year
-€23,284
Depreciation
+€3,337
Receivables within one year
-€235
Deferred charges and accrued income
+€1,643
Trade debts
+€13,852
Tax, wage and social debts
+€8,259
Investment (derived)
-€1,614
Investment in fixed assets (net)
-€1,614
Cash 2025
€21,817
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,019 | €157,845 | -€1,173 | -0.7% |
| Fixed assets | 21/28 | €10,166 | €8,443 | -€1,723 | -16.9% |
| Tangible fixed assets | 22/27 | €6,666 | €4,943 | -€1,723 | -25.8% |
| Plant, machinery and equipment | 23 | €2,609 | €2,335 | -€274 | -10.5% |
| Furniture and vehicles | 24 | €1,863 | €965 | -€898 | -48.2% |
| Other tangible fixed assets | 26 | €2,194 | €1,643 | -€552 | -25.1% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €148,853 | €149,403 | +€550 | +0.4% |
| Amounts receivable within one year | 40/41 | €127,350 | €127,585 | +€235 | +0.2% |
| Trade receivables | 40 | €7,735 | €21,180 | +€13,445 | +174% |
| Other amounts receivable | 41 | €119,615 | €106,405 | -€13,209 | -11.0% |
| Cash at bank and in hand | 54/58 | €19,860 | €21,817 | +€1,957 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,643 | - | -€1,643 | |
| Total equity and liabilities | 10/49 | €159,019 | €157,845 | -€1,173 | -0.7% |
| Equity | 10/15 | €71,268 | €47,984 | -€23,284 | -32.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,668 | €52,668 | = | 0.0% |
| 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 | €50,808 | €50,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,284 | -€23,284 | |
| Amounts payable | 17/49 | €87,751 | €109,861 | +€22,110 | +25.2% |
| Amounts payable within one year | 42/48 | €87,751 | €109,861 | +€22,110 | +25.2% |
| Trade debts | 44 | €16,235 | €30,087 | +€13,852 | +85.3% |
| Suppliers | 440/4 | €16,235 | €30,087 | +€13,852 | +85.3% |
| Taxes, remuneration and social security | 45 | €71,515 | €79,774 | +€8,259 | +11.5% |
| Taxes | 450/3 | €27,444 | €28,458 | +€1,014 | +3.7% |
| Remuneration and social security | 454/9 | €44,072 | €51,316 | +€7,245 | +16.4% |
| Non-recurring operating income | 76A | €3,373 | - | -€3,373 | |
| Remuneration, social security and pensions | 62 | €224,163 | €287,841 | +€63,678 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,513 | €3,337 | -€1,177 | -26.1% |
| Other operating charges | 640/8 | €2,556 | €1,891 | -€665 | -26.0% |
| Gross operating margin | 9900 | €280,562 | €272,871 | -€7,691 | -2.7% |
| Operating profit (loss) | 9901 | €49,329 | -€20,198 | -€69,527 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,809 | €3,086 | +€1,276 | +70.5% |
| Recurring financial charges | 65 | €1,809 | €3,086 | +€1,276 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | €47,524 | -€23,284 | -€70,808 | |
| Income taxes | 67/77 | €13,538 | - | -€13,538 | |
| Profit (loss) for the period | 9904 | €33,986 | -€23,284 | -€57,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,986 | -€23,284 | -€57,269 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.