BRT 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.
BRT Vastgoed
Largest movements
- Tangible fixed assets -€4,205
down €4,205 (-2.0%), from €206,623 to €202,418
- Debts after one year -€6,316
down €6,316 (-8.3%), from €76,257 to €69,941
- Other debts +€2,800
up €2,800 (+2.2%), from €129,158 to €131,958
- Gross operating margin +€1,930
up €1,930 (+30.1%), from €6,417 to €8,347
- Other operating charges +€546
up €546 (+71.0%), from €769 to €1,315
- Depreciation +€349
up €349 (+6.2%), from €5,661 to €6,010
- Financial charges -€103
down €103 (-6.4%), from €1,605 to €1,503
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 | €208,413 | €203,613 | -€4,800 | -2.3% |
| Fixed assets | 21/28 | €206,623 | €202,418 | -€4,205 | -2.0% |
| Tangible fixed assets | 22/27 | €206,623 | €202,418 | -€4,205 | -2.0% |
| Land and buildings | 22 | €206,623 | €202,418 | -€4,205 | -2.0% |
| Current assets | 29/58 | €1,789 | €1,194 | -€595 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,789 | €1,194 | -€595 | -33.3% |
| Total equity and liabilities | 10/49 | €208,413 | €203,613 | -€4,800 | -2.3% |
| Equity | 10/15 | -€4,123 | -€4,603 | -€480 | -11.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,123 | -€14,603 | -€480 | -3.4% |
| Amounts payable | 17/49 | €212,536 | €208,215 | -€4,320 | -2.0% |
| Amounts payable after more than one year | 17 | €76,257 | €69,941 | -€6,316 | -8.3% |
| Financial debts | 170/4 | €76,257 | €69,941 | -€6,316 | -8.3% |
| Amounts payable within one year | 42/48 | €136,279 | €138,274 | +€1,995 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €6,211 | €6,316 | +€105 | +1.7% |
| Trade debts | 44 | €910 | - | -€910 | |
| Suppliers | 440/4 | €910 | - | -€910 | |
| Other amounts payable | 47/48 | €129,158 | €131,958 | +€2,800 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,661 | €6,010 | +€349 | +6.2% |
| Other operating charges | 640/8 | €769 | €1,315 | +€546 | +71.0% |
| Gross operating margin | 9900 | €6,417 | €8,347 | +€1,930 | +30.1% |
| Operating profit (loss) | 9901 | -€12 | €1,023 | +€1,035 | |
| Financial charges | 65/66B | €1,605 | €1,503 | -€103 | -6.4% |
| Recurring financial charges | 65 | €1,605 | €1,503 | -€103 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,618 | -€480 | +€1,138 | +70.3% |
| Profit (loss) for the period | 9904 | -€1,618 | -€480 | +€1,138 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,618 | -€480 | +€1,138 | +70.3% |
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 23 October 2026 via checked.be.