B&T 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&T VASTGOED
Largest movements
- Receivables within one year +€4,026
new in 2025: €4,026
- Profit (loss) carried forward -€10,239
down €10,239 (-1.0%), from -€1.1m to -€1.1m
- Other debts +€9,351
up €9,351 (+0.9%), from €1.1m to €1.1m
- Gross operating margin +€87,692
up €87,692 (+94.8%), from -€92,462 to -€4,770
- Financial charges +€4,347
up €4,347, from -€4,272 to €75
- Other operating charges +€3,183
up €3,183 (+144%), from €2,211 to €5,394
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 | €295,682 | €297,537 | +€1,855 | +0.6% |
| Fixed assets | 21/28 | €3,821 | €3,821 | = | 0.0% |
| Financial fixed assets | 28 | €3,821 | €3,821 | = | 0.0% |
| Current assets | 29/58 | €291,861 | €293,716 | +€1,855 | +0.6% |
| Stocks and contracts in progress | 3 | €289,330 | €289,330 | = | 0.0% |
| Stocks | 30/36 | €289,330 | €289,330 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €4,026 | +€4,026 | |
| Trade receivables | 40 | - | €4,026 | +€4,026 | |
| Cash at bank and in hand | 54/58 | €2,531 | €360 | -€2,171 | -85.8% |
| Total equity and liabilities | 10/49 | €295,682 | €297,537 | +€1,855 | +0.6% |
| Equity | 10/15 | -€970,481 | -€980,721 | -€10,239 | -1.1% |
| Contributions | 10/11 | €91,473 | €91,473 | = | 0.0% |
| Capital | 10 | €91,473 | €91,473 | = | 0.0% |
| Issued capital | 100 | €91,473 | €91,473 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,061,954 | -€1,072,194 | -€10,239 | -1.0% |
| Amounts payable | 17/49 | €1,266,163 | €1,278,257 | +€12,094 | +1.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,266,163 | €1,278,257 | +€12,094 | +1.0% |
| Trade debts | 44 | €207,750 | €210,493 | +€2,743 | +1.3% |
| Suppliers | 440/4 | €207,750 | €210,493 | +€2,743 | +1.3% |
| Other amounts payable | 47/48 | €1,058,414 | €1,067,764 | +€9,351 | +0.9% |
| Non-recurring operating income | 76A | - | €4,237 | +€4,237 | |
| Other operating charges | 640/8 | €2,211 | €5,394 | +€3,183 | +144% |
| Gross operating margin | 9900 | -€92,462 | -€4,770 | +€87,692 | +94.8% |
| Operating profit (loss) | 9901 | -€94,673 | -€10,164 | +€84,509 | +89.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | -€4,272 | €75 | +€4,347 | |
| Recurring financial charges | 65 | -€4,272 | €75 | +€4,347 | |
| Profit (loss) for the period before taxes | 9903 | -€90,401 | -€10,239 | +€80,162 | +88.7% |
| Profit (loss) for the period | 9904 | -€90,401 | -€10,239 | +€80,162 | +88.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,401 | -€10,239 | +€80,162 | +88.7% |
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 21 October 2026 via checked.be.