B&N Vastgoed: what changed
What changed
B&N Vastgoed
filed annual accounts (NBB)
Net result for the year
-€553
2024 · -€14,565+€14,012
Equity
-€121,219
2024 · -€120,666-€553
Cash
€25,815
2024 · €7,994+€17,821
Balance sheet total
€502,847
2024 · €528,129-€25,282
Largest movements
Assets
- Tangible fixed assets -€44,851
down €44,851 (-9.9%), from €453,896 to €409,045
- Cash +€17,821
up €17,821 (+223%), from €7,994 to €25,815
mainly Depreciation (+€44,851) and Other debts (+€11,809)
Equity and liabilities
- Debts after one year -€36,667
down €36,667 (-17.1%), from €213,888 to €177,222
- Other debts +€11,809
up €11,809 (+3.0%), from €393,805 to €405,614
Income statement
- Gross operating margin +€9,332
up €9,332 (+13.4%), from €69,838 to €79,170
- Financial charges -€4,886
down €4,886 (-19.8%), from €24,733 to €19,847
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
-€14,565
Gross operating margin
+€9,332
Other operating charges
-€257
Financial income
+€51
Financial charges
+€4,886
Result 2025
-€553
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
+€54,488
Investment
€0
Financing
-€36,667
Cash 2024
€7,994
From operations (derived)
+€54,488
Net result for the year
-€553
Depreciation
+€44,851
Receivables within one year
-€1,747
Trade debts
+€568
Other debts
+€11,809
Accrued charges and deferred income
-€440
Financing
-€36,667
Debts after one year
-€36,667
Cash 2025
€25,815
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,129 | €502,847 | -€25,282 | -4.8% |
| Fixed assets | 21/28 | €453,896 | €409,045 | -€44,851 | -9.9% |
| Tangible fixed assets | 22/27 | €453,896 | €409,045 | -€44,851 | -9.9% |
| Land and buildings | 22 | €453,896 | €409,045 | -€44,851 | -9.9% |
| Current assets | 29/58 | €74,233 | €93,802 | +€19,568 | +26.4% |
| Amounts receivable within one year | 40/41 | €58,240 | €59,987 | +€1,747 | +3.0% |
| Other amounts receivable | 41 | €58,240 | €59,987 | +€1,747 | +3.0% |
| Cash at bank and in hand | 54/58 | €7,994 | €25,815 | +€17,821 | +223% |
| Deferred charges and accrued income | 490/1 | €8,000 | €8,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €528,129 | €502,847 | -€25,282 | -4.8% |
| Equity | 10/15 | -€120,666 | -€121,219 | -€553 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,298 | €2,298 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €439 | €439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,164 | -€129,717 | -€553 | -0.4% |
| Amounts payable | 17/49 | €648,795 | €624,065 | -€24,730 | -3.8% |
| Amounts payable after more than one year | 17 | €213,888 | €177,222 | -€36,667 | -17.1% |
| Financial debts | 170/4 | €213,888 | €177,222 | -€36,667 | -17.1% |
| Amounts payable within one year | 42/48 | €430,472 | €442,849 | +€12,377 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €36,667 | €36,667 | = | 0.0% |
| Trade debts | 44 | - | €568 | +€568 | |
| Suppliers | 440/4 | - | €568 | +€568 | |
| Other amounts payable | 47/48 | €393,805 | €405,614 | +€11,809 | +3.0% |
| Accrued charges and deferred income | 492/3 | €4,435 | €3,995 | -€440 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,851 | €44,851 | = | 0.0% |
| Other operating charges | 640/8 | €16,515 | €16,772 | +€257 | +1.6% |
| Gross operating margin | 9900 | €69,838 | €79,170 | +€9,332 | +13.4% |
| Operating profit (loss) | 9901 | €8,472 | €17,547 | +€9,075 | +107% |
| Financial income | 75/76B | €1,696 | €1,747 | +€51 | +3.0% |
| Recurring financial income | 75 | €1,696 | €1,747 | +€51 | +3.0% |
| Financial charges | 65/66B | €24,733 | €19,847 | -€4,886 | -19.8% |
| Recurring financial charges | 65 | €24,733 | €19,847 | -€4,886 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,565 | -€553 | +€14,012 | +96.2% |
| Profit (loss) for the period | 9904 | -€14,565 | -€553 | +€14,012 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,565 | -€553 | +€14,012 | +96.2% |
Next steps
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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 7 November 2026 via checked.be.