EC 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.
EC Vastgoed
Largest movements
- Stocks and contracts +€468,147
up €468,147 (+748%), from €62,617 to €530,764
- Receivables within one year -€9,861
down €9,861 (-80.9%), from €12,196 to €2,335
of which Other amounts receivable: -€10,224
- Short-term financial debts +€475,000
new in 2025: €475,000
- Profit (loss) carried forward -€31,792
down €31,792 (-222%), from -€14,288 to -€46,080
- Other debts +€28,047
up €28,047 (+41.0%), from €68,422 to €96,469
- Trade debts -€9,472
down €9,472 (-88.2%), from €10,737 to €1,265
- Gross operating margin -€12,502
down €12,502 (-136%), from -€9,166 to -€21,668
- Financial charges +€8,510
up €8,510 (+701%), from €1,215 to €9,724
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 | €75,890 | €539,150 | +€463,260 | +610% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €75,390 | €538,650 | +€463,260 | +614% |
| Stocks and contracts in progress | 3 | €62,617 | €530,764 | +€468,147 | +748% |
| Stocks | 30/36 | €62,617 | €530,764 | +€468,147 | +748% |
| Amounts receivable within one year | 40/41 | €12,196 | €2,335 | -€9,861 | -80.9% |
| Trade receivables | 40 | - | €363 | +€363 | |
| Other amounts receivable | 41 | €12,196 | €1,972 | -€10,224 | -83.8% |
| Cash at bank and in hand | 54/58 | €576 | €5,551 | +€4,974 | +863% |
| Total equity and liabilities | 10/49 | €75,890 | €539,150 | +€463,260 | +610% |
| Equity | 10/15 | -€4,288 | -€36,080 | -€31,792 | -741% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,288 | -€46,080 | -€31,792 | -222% |
| Amounts payable | 17/49 | €80,178 | €575,230 | +€495,052 | +617% |
| Amounts payable within one year | 42/48 | €79,159 | €572,734 | +€493,575 | +624% |
| Financial debts | 43 | - | €475,000 | +€475,000 | |
| Credit institutions | 430/8 | - | €475,000 | +€475,000 | |
| Trade debts | 44 | €10,737 | €1,265 | -€9,472 | -88.2% |
| Suppliers | 440/4 | €10,737 | €1,265 | -€9,472 | -88.2% |
| Other amounts payable | 47/48 | €68,422 | €96,469 | +€28,047 | +41.0% |
| Accrued charges and deferred income | 492/3 | €1,019 | €2,496 | +€1,477 | +145% |
| Other operating charges | 640/8 | €586 | €497 | -€88 | -15.1% |
| Gross operating margin | 9900 | -€9,166 | -€21,668 | -€12,502 | -136% |
| Operating profit (loss) | 9901 | -€9,752 | -€22,166 | -€12,414 | -127% |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €1,215 | €9,724 | +€8,510 | +701% |
| Recurring financial charges | 65 | €1,215 | €9,724 | +€8,510 | +701% |
| Profit (loss) for the period before taxes | 9903 | -€10,967 | -€31,792 | -€20,825 | -190% |
| Profit (loss) for the period | 9904 | -€10,967 | -€31,792 | -€20,825 | -190% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,967 | -€31,792 | -€20,825 | -190% |
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 18 October 2026 via checked.be.