D-PRO 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.
D-PRO VASTGOED
Largest movements
- Tangible fixed assets -€53,216
down €53,216 (-4.3%), from €1.2m to €1.2m
of which Furniture and vehicles: -€63,839
- Receivables after one year +€30,000
up €30,000 (+85.7%), from €35,000 to €65,000
- Receivables within one year -€22,572
down €22,572 (-47.3%), from €47,681 to €25,109
of which Trade receivables: -€16,351
- Financial fixed assets +€22,500
new in 2025: €22,500
- Reserves +€64,706
up €64,706 (+33.8%), from €191,164 to €255,870
of which Distributable reserves: +€64,706
- Debts after one year -€63,566
down €63,566 (-34.9%), from €182,066 to €118,500
- Other debts -€30,444
down €30,444 (-66.6%), from €45,690 to €15,246
- Gross operating margin +€47,171
up €47,171 (+35.6%), from €132,659 to €179,830
- Taxes +€32,350
up €32,350 (+917%), from €3,529 to €35,879
- Depreciation -€16,535
down €16,535 (-35.3%), from €46,850 to €30,315
- Staff costs -€12,325
down €12,325 (-25.0%), from €49,203 to €36,877
- Financial charges -€2,394
down €2,394 (-22.5%), from €10,635 to €8,241
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 | €1,328,787 | €1,315,717 | -€13,070 | -1.0% |
| Fixed assets | 21/28 | €1,240,009 | €1,209,293 | -€30,716 | -2.5% |
| Tangible fixed assets | 22/27 | €1,240,009 | €1,186,793 | -€53,216 | -4.3% |
| Land and buildings | 22 | €1,160,633 | €1,169,895 | +€9,262 | +0.8% |
| Plant, machinery and equipment | 23 | €4,513 | €5,874 | +€1,361 | +30.2% |
| Furniture and vehicles | 24 | €74,863 | €11,025 | -€63,839 | -85.3% |
| Financial fixed assets | 28 | - | €22,500 | +€22,500 | |
| Current assets | 29/58 | €88,778 | €106,424 | +€17,646 | +19.9% |
| Amounts receivable after more than one year | 29 | €35,000 | €65,000 | +€30,000 | +85.7% |
| Other amounts receivable | 291 | €35,000 | €65,000 | +€30,000 | +85.7% |
| Amounts receivable within one year | 40/41 | €47,681 | €25,109 | -€22,572 | -47.3% |
| Trade receivables | 40 | €41,460 | €25,109 | -€16,351 | -39.4% |
| Other amounts receivable | 41 | €6,221 | - | -€6,221 | |
| Cash at bank and in hand | 54/58 | €4,438 | €13,874 | +€9,435 | +213% |
| Deferred charges and accrued income | 490/1 | €1,659 | €2,441 | +€782 | +47.1% |
| Total equity and liabilities | 10/49 | €1,328,787 | €1,315,717 | -€13,070 | -1.0% |
| Equity | 10/15 | €1,003,362 | €1,068,068 | +€64,706 | +6.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €762,198 | €762,198 | = | 0.0% |
| Reserves | 13 | €191,164 | €255,870 | +€64,706 | +33.8% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €186,164 | €250,870 | +€64,706 | +34.8% |
| Amounts payable | 17/49 | €325,425 | €247,649 | -€77,776 | -23.9% |
| Amounts payable after more than one year | 17 | €182,066 | €118,500 | -€63,566 | -34.9% |
| Financial debts | 170/4 | €182,066 | €118,500 | -€63,566 | -34.9% |
| Amounts payable within one year | 42/48 | €143,359 | €129,149 | -€14,210 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €68,083 | €63,566 | -€4,517 | -6.6% |
| Trade debts | 44 | €14,092 | €21,817 | +€7,726 | +54.8% |
| Suppliers | 440/4 | €14,092 | €21,817 | +€7,726 | +54.8% |
| Taxes, remuneration and social security | 45 | €15,494 | €28,519 | +€13,026 | +84.1% |
| Taxes | 450/3 | €10,639 | €20,529 | +€9,891 | +93.0% |
| Remuneration and social security | 454/9 | €4,855 | €7,990 | +€3,135 | +64.6% |
| Other amounts payable | 47/48 | €45,690 | €15,246 | -€30,444 | -66.6% |
| Remuneration, social security and pensions | 62 | €49,203 | €36,877 | -€12,325 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,850 | €30,315 | -€16,535 | -35.3% |
| Other operating charges | 640/8 | €5,373 | €5,834 | +€461 | +8.6% |
| Non-recurring operating charges | 66A | €18,581 | €1,337 | -€17,243 | -92.8% |
| Gross operating margin | 9900 | €132,659 | €179,830 | +€47,171 | +35.6% |
| Operating profit (loss) | 9901 | €12,653 | €105,467 | +€92,813 | +734% |
| Financial income | 75/76B | €1,925 | €3,360 | +€1,435 | +74.5% |
| Recurring financial income | 75 | €1,925 | €3,360 | +€1,435 | +74.5% |
| Financial charges | 65/66B | €10,635 | €8,241 | -€2,394 | -22.5% |
| Recurring financial charges | 65 | €10,635 | €8,241 | -€2,394 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €3,943 | €100,585 | +€96,642 | +2,451% |
| Income taxes | 67/77 | €3,529 | €35,879 | +€32,350 | +917% |
| Profit (loss) for the period | 9904 | €414 | €64,706 | +€64,293 | +15,545% |
| Profit (loss) for the period to be appropriated | 9905 | €414 | €64,706 | +€64,293 | +15,545% |
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 18 October 2026 via checked.be.