Condominium 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.
Condominium Vastgoed
Largest movements
- Intangible fixed assets -€99,542
down €99,542 (-33.3%), from €298,625 to €199,084
- Receivables within one year -€8,423
down €8,423 (-40.0%), from €21,034 to €12,611
of which Other amounts receivable: -€7,943
- Cash -€6,430
down €6,430 (-52.5%), from €12,252 to €5,822
mainly Net result for the year (-€106,723) and Tax, wage and social debts (-€4,663)
- Profit (loss) carried forward -€106,723
down €106,723 (-10.4%), from -€1.0m to -€1.1m
- Tax, wage and social debts -€4,663
down €4,663 (-91.8%), from €5,081 to €418
- Other debts -€3,342
no longer reported in 2024 (was €3,342)
- Gross operating margin +€17,598
up €17,598 (+73.3%), from -€24,020 to -€6,422
- Other operating charges -€6,558
down €6,558 (-89.6%), from €7,318 to €759
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,010 | €217,616 | -€114,395 | -34.5% |
| Fixed assets | 21/28 | €298,725 | €199,184 | -€99,542 | -33.3% |
| Intangible fixed assets | 21 | €298,625 | €199,084 | -€99,542 | -33.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €33,285 | €18,432 | -€14,853 | -44.6% |
| Amounts receivable within one year | 40/41 | €21,034 | €12,611 | -€8,423 | -40.0% |
| Trade receivables | 40 | €6,145 | €5,665 | -€480 | -7.8% |
| Other amounts receivable | 41 | €14,888 | €6,946 | -€7,943 | -53.3% |
| Cash at bank and in hand | 54/58 | €12,252 | €5,822 | -€6,430 | -52.5% |
| Total equity and liabilities | 10/49 | €332,010 | €217,616 | -€114,395 | -34.5% |
| Equity | 10/15 | -€972,181 | -€1,078,904 | -€106,723 | -11.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,027,181 | -€1,133,904 | -€106,723 | -10.4% |
| Amounts payable | 17/49 | €1,304,192 | €1,296,520 | -€7,672 | -0.6% |
| Amounts payable after more than one year | 17 | €1,295,651 | €1,295,651 | = | 0.0% |
| Financial debts | 170/4 | €1,295,651 | €1,295,651 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,540 | €868 | -€7,672 | -89.8% |
| Trade debts | 44 | €117 | €450 | +€333 | +285% |
| Suppliers | 440/4 | €117 | €450 | +€333 | +285% |
| Taxes, remuneration and social security | 45 | €5,081 | €418 | -€4,663 | -91.8% |
| Taxes | 450/3 | €5,081 | €418 | -€4,663 | -91.8% |
| Other amounts payable | 47/48 | €3,342 | - | -€3,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,542 | €99,542 | = | 0.0% |
| Other operating charges | 640/8 | €7,318 | €759 | -€6,558 | -89.6% |
| Gross operating margin | 9900 | -€24,020 | -€6,422 | +€17,598 | +73.3% |
| Operating profit (loss) | 9901 | -€130,879 | -€106,723 | +€24,156 | +18.5% |
| Financial charges | 65/66B | €131 | - | -€131 | |
| Recurring financial charges | 65 | €131 | - | -€131 | |
| Profit (loss) for the period before taxes | 9903 | -€131,010 | -€106,723 | +€24,287 | +18.5% |
| Profit (loss) for the period | 9904 | -€131,010 | -€106,723 | +€24,287 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,010 | -€106,723 | +€24,287 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.