BROUWERIJ VERAART IMMO: 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.
What changed
BROUWERIJ VERAART IMMO
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€47,862
2024 · €100,147-€52,285
Equity
€3.0m
2024 · €2.9m+€47,862
Cash
€51,662
2024 · €71,204-€19,541
Balance sheet total
€3.7m
2024 · €3.9m-€155,500
Largest movements
Assets
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
Equity and liabilities
- Other debts -€175,000
down €175,000 (-19.3%), from €908,118 to €733,118
- Profit (loss) carried forward +€47,862
new in 2025: €47,862
Income statement
- Gross operating margin -€62,886
down €62,886 (-33.3%), from €188,612 to €125,726
- Other operating charges -€4,578
down €4,578 (-8.6%), from €53,170 to €48,592
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.
Result 2024
€100,147
Gross operating margin
-€62,886
Depreciation
+€1,825
Other operating charges
+€4,578
Other operating items
+€3,031
Financial income
+€1,712
Financial charges
-€17
Taxes
-€529
Result 2025
€47,862
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€119,541
Investment
+€100,000
Financing
€0
Cash 2024
€71,204
From operations (derived)
-€119,541
Net result for the year
+€47,862
Depreciation
+€30,621
Receivables within one year
-€2,463
Deferred charges and accrued income
+€7,800
Trade debts
-€28,362
Other debts
-€175,000
Investment (derived)
+€100,000
Current investments
+€100,000
Cash 2025
€51,662
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,865,514 | €3,710,014 | -€155,500 | -4.0% |
| Fixed assets | 21/28 | €3,686,207 | €3,655,586 | -€30,621 | -0.8% |
| Tangible fixed assets | 22/27 | €3,686,207 | €3,655,586 | -€30,621 | -0.8% |
| Land and buildings | 22 | €3,673,751 | €3,646,265 | -€27,486 | -0.7% |
| Plant, machinery and equipment | 23 | €10,031 | €8,175 | -€1,857 | -18.5% |
| Furniture and vehicles | 24 | €2,425 | €1,147 | -€1,278 | -52.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €179,307 | €54,428 | -€124,879 | -69.6% |
| Amounts receivable within one year | 40/41 | €0 | €2,463 | +€2,463 | |
| Trade receivables | 40 | - | €2,463 | +€2,463 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €71,204 | €51,662 | -€19,541 | -27.4% |
| Deferred charges and accrued income | 490/1 | €8,103 | €303 | -€7,800 | -96.3% |
| Total equity and liabilities | 10/49 | €3,865,514 | €3,710,014 | -€155,500 | -4.0% |
| Equity | 10/15 | €2,925,340 | €2,973,202 | +€47,862 | +1.6% |
| Contributions | 10/11 | €421,743 | €421,743 | = | 0.0% |
| Capital | 10 | €421,743 | €421,743 | = | 0.0% |
| Issued capital | 100 | €421,743 | €421,743 | = | 0.0% |
| Revaluation surpluses | 12 | €2,263,522 | €2,263,522 | = | 0.0% |
| Reserves | 13 | €240,074 | €240,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,174 | €42,174 | = | 0.0% |
| Legal reserve | 130 | €42,174 | €42,174 | = | 0.0% |
| Distributable reserves | 133 | €197,900 | €197,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €47,862 | +€47,862 | |
| Amounts payable | 17/49 | €940,174 | €736,811 | -€203,362 | -21.6% |
| Amounts payable within one year | 42/48 | €940,174 | €736,811 | -€203,362 | -21.6% |
| Trade debts | 44 | €32,056 | €3,694 | -€28,362 | -88.5% |
| Suppliers | 440/4 | €32,056 | €3,694 | -€28,362 | -88.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €908,118 | €733,118 | -€175,000 | -19.3% |
| Non-recurring operating income | 76A | €114,462 | €23,750 | -€90,712 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,446 | €30,621 | -€1,825 | -5.6% |
| Other operating charges | 640/8 | €53,170 | €48,592 | -€4,578 | -8.6% |
| Non-recurring operating charges | 66A | €3,031 | €0 | -€3,031 | -100% |
| Gross operating margin | 9900 | €188,612 | €125,726 | -€62,886 | -33.3% |
| Operating profit (loss) | 9901 | €99,964 | €46,513 | -€53,451 | -53.5% |
| Financial income | 75/76B | €361 | €2,074 | +€1,712 | +474% |
| Recurring financial income | 75 | €361 | €2,074 | +€1,712 | +474% |
| Financial charges | 65/66B | €179 | €195 | +€17 | +9.2% |
| Recurring financial charges | 65 | €179 | €195 | +€17 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €100,147 | €48,392 | -€51,756 | -51.7% |
| Income taxes | 67/77 | - | €529 | +€529 | |
| Profit (loss) for the period | 9904 | €100,147 | €47,862 | -€52,285 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,147 | €47,862 | -€52,285 | -52.2% |
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.