EB-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.
EB-VASTGOED
Largest movements
- Receivables within one year -€99,425
down €99,425 (-66.9%), from €148,725 to €49,300
of which Other amounts receivable: -€94,225
- Tangible fixed assets +€58,067
up €58,067 (+7.4%), from €780,093 to €838,160
of which Land and buildings: +€187,439
- Debts after one year +€240,500
new in 2025: €240,500
- Other debts -€153,651
down €153,651 (-19.7%), from €779,332 to €625,681
- Revaluation surpluses -€123,030
no longer reported in 2025 (was €123,030)
- Reserves -€16,970
no longer reported in 2025 (was €16,970)
- Gross operating margin -€30,662
down €30,662 (-58.5%), from €52,402 to €21,740
- Taxes -€5,081
no longer reported in 2025 (was €5,081)
- Financial charges +€3,818
up €3,818 (+1,316%), from €290 to €4,108
- Other operating charges -€2,305
down €2,305 (-51.7%), from €4,457 to €2,152
- Depreciation -€1,987
down €1,987 (-8.1%), from €24,553 to €22,566
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 | €934,751 | €887,785 | -€46,967 | -5.0% |
| Fixed assets | 21/28 | €780,093 | €838,160 | +€58,067 | +7.4% |
| Tangible fixed assets | 22/27 | €780,093 | €838,160 | +€58,067 | +7.4% |
| Land and buildings | 22 | €650,721 | €838,160 | +€187,439 | +28.8% |
| Other tangible fixed assets | 26 | €129,372 | - | -€129,372 | |
| Current assets | 29/58 | €154,659 | €49,624 | -€105,034 | -67.9% |
| Amounts receivable within one year | 40/41 | €148,725 | €49,300 | -€99,425 | -66.9% |
| Trade receivables | 40 | €42,500 | €37,300 | -€5,200 | -12.2% |
| Other amounts receivable | 41 | €106,225 | €12,000 | -€94,225 | -88.7% |
| Cash at bank and in hand | 54/58 | €5,577 | €3 | -€5,574 | -99.9% |
| Deferred charges and accrued income | 490/1 | €357 | €321 | -€35 | -9.9% |
| Total equity and liabilities | 10/49 | €934,751 | €887,785 | -€46,967 | -5.0% |
| Equity | 10/15 | €150,151 | €12,270 | -€137,881 | -91.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €123,030 | - | -€123,030 | |
| Reserves | 13 | €16,970 | - | -€16,970 | |
| Distributable reserves | 133 | €16,970 | - | -€16,970 | |
| Profit (loss) carried forward | 14 | -€9,849 | -€7,730 | +€2,119 | +21.5% |
| Amounts payable | 17/49 | €784,601 | €875,515 | +€90,914 | +11.6% |
| Amounts payable after more than one year | 17 | - | €240,500 | +€240,500 | |
| Financial debts | 170/4 | - | €240,500 | +€240,500 | |
| Amounts payable within one year | 42/48 | €784,601 | €635,015 | -€149,586 | -19.1% |
| Trade debts | 44 | €187 | €6,614 | +€6,427 | +3,429% |
| Suppliers | 440/4 | €187 | €6,614 | +€6,427 | +3,429% |
| Taxes, remuneration and social security | 45 | €5,081 | €2,719 | -€2,362 | -46.5% |
| Taxes | 450/3 | €5,081 | €2,719 | -€2,362 | -46.5% |
| Other amounts payable | 47/48 | €779,332 | €625,681 | -€153,651 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,553 | €22,566 | -€1,987 | -8.1% |
| Other operating charges | 640/8 | €4,457 | €2,152 | -€2,305 | -51.7% |
| Gross operating margin | 9900 | €52,402 | €21,740 | -€30,662 | -58.5% |
| Operating profit (loss) | 9901 | €23,391 | -€2,978 | -€26,369 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €290 | €4,108 | +€3,818 | +1,316% |
| Recurring financial charges | 65 | €290 | €4,108 | +€3,818 | +1,316% |
| Profit (loss) for the period before taxes | 9903 | €23,101 | -€7,086 | -€30,187 | |
| Income taxes | 67/77 | €5,081 | - | -€5,081 | |
| Profit (loss) for the period | 9904 | €18,020 | -€7,086 | -€25,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,020 | -€7,086 | -€25,106 |
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 15 October 2026 via checked.be.