BAN 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.
BAN VASTGOED
Largest movements
- Stocks and contracts -€1.7m
down €1.7m (-39.0%), from €4.3m to €2.7m
of which Contracts in progress: -€1.6m
- Short-term financial debts -€1.3m
down €1.3m (-41.6%), from €3.0m to €1.8m
- Other debts -€511,519
down €511,519 (-39.7%), from €1.3m to €775,971
- Profit (loss) carried forward +€59,477
up €59,477 (+148%), from €40,303 to €99,780
- Gross operating margin +€114,570
up €114,570 (+1,875%), from €6,111 to €120,681
- Financial charges -€22,486
down €22,486 (-29.4%), from €76,403 to €53,917
- Other operating charges -€3,820
down €3,820 (-34.4%), from €11,116 to €7,296
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 | €4,365,401 | €2,662,699 | -€1.7m | -39.0% |
| Current assets | 29/58 | €4,365,401 | €2,662,699 | -€1.7m | -39.0% |
| Stocks and contracts in progress | 3 | €4,349,696 | €2,655,273 | -€1.7m | -39.0% |
| Stocks | 30/36 | €1,082,135 | €989,383 | -€92,752 | -8.6% |
| Contracts in progress | 37 | €3,267,561 | €1,665,890 | -€1.6m | -49.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,152 | €6,074 | -€8,079 | -57.1% |
| Deferred charges and accrued income | 490/1 | €1,553 | €1,353 | -€200 | -12.9% |
| Total equity and liabilities | 10/49 | €4,365,401 | €2,662,699 | -€1.7m | -39.0% |
| Equity | 10/15 | €70,303 | €129,780 | +€59,477 | +84.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,303 | €99,780 | +€59,477 | +148% |
| Amounts payable | 17/49 | €4,295,098 | €2,532,919 | -€1.8m | -41.0% |
| Amounts payable within one year | 42/48 | €4,295,098 | €2,532,919 | -€1.8m | -41.0% |
| Financial debts | 43 | €3,007,550 | €1,755,350 | -€1.3m | -41.6% |
| Credit institutions | 430/8 | €3,007,550 | €1,755,350 | -€1.3m | -41.6% |
| Trade debts | 44 | €58 | €1,599 | +€1,540 | +2,654% |
| Suppliers | 440/4 | €58 | €1,599 | +€1,540 | +2,654% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,287,490 | €775,971 | -€511,519 | -39.7% |
| Other operating charges | 640/8 | €11,116 | €7,296 | -€3,820 | -34.4% |
| Gross operating margin | 9900 | €6,111 | €120,681 | +€114,570 | +1,875% |
| Operating profit (loss) | 9901 | -€5,005 | €113,385 | +€118,390 | |
| Financial income | 75/76B | €592 | €8 | -€584 | -98.6% |
| Recurring financial income | 75 | €592 | €8 | -€584 | -98.6% |
| Financial charges | 65/66B | €76,403 | €53,917 | -€22,486 | -29.4% |
| Recurring financial charges | 65 | €76,403 | €53,917 | -€22,486 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€80,816 | €59,477 | +€140,293 | |
| Profit (loss) for the period | 9904 | -€80,816 | €59,477 | +€140,293 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,816 | €59,477 | +€140,293 |
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 29 October 2026 via checked.be.