B&O 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.
B&O VASTGOED
Largest movements
- Stocks and contracts -€26,199
down €26,199 (-100%), from €26,199 to €0
- Tangible fixed assets -€15,219
down €15,219 (-100%), from €15,219 to €0
of which Land and buildings: -€15,000
- Cash +€4,615
up €4,615 (+2,445%), from €189 to €4,804
mainly Stocks and contracts (+€26,199) and Debts after one year (+€18,445)
- Receivables within one year -€441
down €441 (-100%), from €441 to €0
- Profit (loss) carried forward -€29,592
down €29,592 (-14.0%), from -€211,811 to -€241,403
- Debts after one year +€18,445
up €18,445 (+18.8%), from €98,000 to €116,445
- Accrued charges and deferred income -€17,465
down €17,465 (-100%), from €17,465 to €0
- Trade debts -€9,161
down €9,161 (-61.1%), from €14,986 to €5,825
- Other debts +€6,815
up €6,815 (+311%), from €2,193 to €9,007
- Gross operating margin +€1,109
up €1,109 (+52.3%), from -€2,120 to -€1,011
- Financial charges +€469
up €469 (+25.7%), from €1,825 to €2,294
- Other operating charges +€369
up €369 (+74.1%), from €498 to €868
- Depreciation -€168
down €168 (-100%), from €168 to €0
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 | €42,048 | €4,804 | -€37,245 | -88.6% |
| Fixed assets | 21/28 | €15,219 | €0 | -€15,219 | -100% |
| Tangible fixed assets | 22/27 | €15,219 | €0 | -€15,219 | -100% |
| Land and buildings | 22 | €15,000 | €0 | -€15,000 | -100% |
| Furniture and vehicles | 24 | €219 | €0 | -€219 | -100% |
| Current assets | 29/58 | €26,829 | €4,804 | -€22,025 | -82.1% |
| Stocks and contracts in progress | 3 | €26,199 | €0 | -€26,199 | -100% |
| Stocks | 30/36 | €26,199 | €0 | -€26,199 | -100% |
| Amounts receivable within one year | 40/41 | €441 | €0 | -€441 | -100% |
| Trade receivables | 40 | €441 | €0 | -€441 | -100% |
| Cash at bank and in hand | 54/58 | €189 | €4,804 | +€4,615 | +2,445% |
| Total equity and liabilities | 10/49 | €42,048 | €4,804 | -€37,245 | -88.6% |
| Equity | 10/15 | -€97,300 | -€126,892 | -€29,592 | -30.4% |
| Contributions | 10/11 | €86,300 | €86,300 | = | 0.0% |
| Capital | 10 | €86,300 | €86,300 | = | 0.0% |
| Issued capital | 100 | €86,300 | €86,300 | = | 0.0% |
| Reserves | 13 | €28,211 | €28,211 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,338 | €9,338 | = | 0.0% |
| Legal reserve | 130 | €8,630 | €8,630 | = | 0.0% |
| Other | 1319 | €708 | €708 | = | 0.0% |
| Tax-exempt reserves | 132 | €358 | €358 | = | 0.0% |
| Distributable reserves | 133 | €18,514 | €18,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,811 | -€241,403 | -€29,592 | -14.0% |
| Amounts payable | 17/49 | €139,349 | €131,696 | -€7,653 | -5.5% |
| Amounts payable after more than one year | 17 | €98,000 | €116,445 | +€18,445 | +18.8% |
| Financial debts | 170/4 | €98,000 | €116,445 | +€18,445 | +18.8% |
| Amounts payable within one year | 42/48 | €23,884 | €15,251 | -€8,633 | -36.1% |
| Financial debts | 43 | €5,105 | €419 | -€4,687 | -91.8% |
| Credit institutions | 430/8 | €5,105 | €419 | -€4,687 | -91.8% |
| Trade debts | 44 | €14,986 | €5,825 | -€9,161 | -61.1% |
| Suppliers | 440/4 | €14,986 | €5,825 | -€9,161 | -61.1% |
| Advances received on contracts in progress | 46 | €1,600 | €0 | -€1,600 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,193 | €9,007 | +€6,815 | +311% |
| Accrued charges and deferred income | 492/3 | €17,465 | €0 | -€17,465 | -100% |
| Non-recurring operating income | 76A | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168 | €0 | -€168 | -100% |
| Other operating charges | 640/8 | €498 | €868 | +€369 | +74.1% |
| Non-recurring operating charges | 66A | - | €25,419 | +€25,419 | |
| Gross operating margin | 9900 | -€2,120 | -€1,011 | +€1,109 | +52.3% |
| Operating profit (loss) | 9901 | -€2,786 | -€27,298 | -€24,512 | -880% |
| Financial charges | 65/66B | €1,825 | €2,294 | +€469 | +25.7% |
| Recurring financial charges | 65 | €1,825 | €2,294 | +€469 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,611 | -€29,592 | -€24,981 | -542% |
| Profit (loss) for the period | 9904 | -€4,611 | -€29,592 | -€24,981 | -542% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,611 | -€29,592 | -€24,981 | -542% |
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 26 October 2026 via checked.be.