DE VASTGOEDADVISEUR: 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.
DE VASTGOEDADVISEUR
Largest movements
- Tangible fixed assets -€6,058
down €6,058 (-2.8%), from €217,308 to €211,250
- Debts after one year -€18,455
down €18,455 (-10.0%), from €183,671 to €165,216
- Reserves +€8,818
up €8,818 (+20.6%), from €42,708 to €51,526
- Gross operating margin +€5,702
up €5,702 (+23.1%), from €24,630 to €30,332
- Financial charges +€1,841
up €1,841 (+30.5%), from €6,039 to €7,880
- Taxes +€1,039
up €1,039 (+29.9%), from €3,476 to €4,515
- Other operating charges +€949
up €949 (+44.9%), from €2,111 to €3,060
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 | €411,049 | €402,525 | -€8,524 | -2.1% |
| Fixed assets | 21/28 | €402,895 | €396,837 | -€6,058 | -1.5% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -31.7% |
| Tangible fixed assets | 22/27 | €217,308 | €211,250 | -€6,058 | -2.8% |
| Land and buildings | 22 | €217,308 | €211,250 | -€6,058 | -2.8% |
| Financial fixed assets | 28 | €185,587 | €185,587 | = | 0.0% |
| Current assets | 29/58 | €8,153 | €5,687 | -€2,466 | -30.2% |
| Amounts receivable within one year | 40/41 | €4,905 | €4,031 | -€874 | -17.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,905 | €4,031 | -€874 | -17.8% |
| Cash at bank and in hand | 54/58 | €3,248 | €1,656 | -€1,592 | -49.0% |
| Total equity and liabilities | 10/49 | €411,049 | €402,525 | -€8,524 | -2.1% |
| Equity | 10/15 | €51,408 | €60,226 | +€8,818 | +17.2% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €42,708 | €51,526 | +€8,818 | +20.6% |
| Distributable reserves | 133 | €42,708 | €51,526 | +€8,818 | +20.6% |
| Amounts payable | 17/49 | €359,641 | €342,299 | -€17,342 | -4.8% |
| Amounts payable after more than one year | 17 | €183,671 | €165,216 | -€18,455 | -10.0% |
| Financial debts | 170/4 | €183,671 | €165,216 | -€18,455 | -10.0% |
| Amounts payable within one year | 42/48 | €175,468 | €176,569 | +€1,101 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €18,567 | €18,540 | -€27 | -0.1% |
| Trade debts | 44 | €0 | €127 | +€127 | |
| Suppliers | 440/4 | €0 | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €3,476 | €4,515 | +€1,039 | +29.9% |
| Taxes | 450/3 | €3,476 | €4,515 | +€1,039 | +29.9% |
| Other amounts payable | 47/48 | €153,424 | €153,386 | -€38 | 0.0% |
| Accrued charges and deferred income | 492/3 | €502 | €513 | +€11 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,058 | €6,058 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,111 | €3,060 | +€949 | +44.9% |
| Gross operating margin | 9900 | €24,630 | €30,332 | +€5,702 | +23.1% |
| Operating profit (loss) | 9901 | €16,461 | €21,214 | +€4,753 | +28.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €6,039 | €7,880 | +€1,841 | +30.5% |
| Recurring financial charges | 65 | €6,039 | €7,880 | +€1,841 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €10,424 | €13,334 | +€2,910 | +27.9% |
| Income taxes | 67/77 | €3,476 | €4,515 | +€1,039 | +29.9% |
| Profit (loss) for the period | 9904 | €6,947 | €8,818 | +€1,871 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,947 | €8,818 | +€1,871 | +26.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.