F.D.D. Vastgoed: what changed
What changed
F.D.D. Vastgoed
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€22,794
2024 · €33,551-€10,757
Equity
€270,298
2024 · €247,505+€22,794
Cash
€0
2024 · €2-€2
Balance sheet total
€1.3m
2024 · €1.2m+€173,039
Largest movements
Assets
- Receivables within one year +€224,415
up €224,415 (+190%), from €118,211 to €342,626
- Tangible fixed assets -€49,899
down €49,899 (-4.8%), from €1.0m to €997,289
of which Other tangible fixed assets: -€34,012
Equity and liabilities
- Trade debts +€215,180
up €215,180 (+225%), from €95,720 to €310,900
- Debts after one year -€76,827
down €76,827 (-10.7%), from €718,341 to €641,515
- Reserves +€22,500
up €22,500 (+23.9%), from €94,000 to €116,500
- Short-term financial debts +€16,348
up €16,348 (+52.0%), from €31,446 to €47,794
- Current portion of long-term debt -€14,806
down €14,806 (-33.0%), from €44,815 to €30,009
Income statement
- Gross operating margin -€18,569
down €18,569 (-16.0%), from €115,757 to €97,187
- Financial income +€5,054
up €5,054 (+66.3%), from €7,627 to €12,680
- Financial charges -€2,750
down €2,750 (-12.0%), from €22,923 to €20,173
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,551
Gross operating margin
-€18,569
Other operating charges
-€554
Financial income
+€5,054
Financial charges
+€2,750
Taxes
+€562
Result 2025
€22,794
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€75,284
Investment
€0
Financing
-€75,286
Cash 2024
€2
From operations (derived)
+€75,284
Net result for the year
+€22,794
Depreciation
+€50,341
Receivables within one year
-€224,415
Deferred charges and accrued income
+€1,033
Trade debts
+€215,180
Tax, wage and social debts
+€10,351
Financing
-€75,286
Debts after one year
-€76,827
Current portion of long-term debt
-€14,806
Short-term financial debts
+€16,348
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,167,319 | €1,340,358 | +€173,039 | +14.8% |
| Formation expenses | 20 | €885 | €442 | -€442 | -50.0% |
| Fixed assets | 21/28 | €1,047,188 | €997,289 | -€49,899 | -4.8% |
| Tangible fixed assets | 22/27 | €1,047,188 | €997,289 | -€49,899 | -4.8% |
| Land and buildings | 22 | €386,031 | €384,044 | -€1,988 | -0.5% |
| Plant, machinery and equipment | 23 | €86,800 | €72,900 | -€13,900 | -16.0% |
| Other tangible fixed assets | 26 | €574,357 | €540,346 | -€34,012 | -5.9% |
| Current assets | 29/58 | €119,246 | €342,626 | +€223,380 | +187% |
| Amounts receivable within one year | 40/41 | €118,211 | €342,626 | +€224,415 | +190% |
| Other amounts receivable | 41 | €118,211 | €342,626 | +€224,415 | +190% |
| Cash at bank and in hand | 54/58 | €2 | €0 | -€2 | -95.2% |
| Deferred charges and accrued income | 490/1 | €1,033 | - | -€1,033 | |
| Total equity and liabilities | 10/49 | €1,167,319 | €1,340,358 | +€173,039 | +14.8% |
| Equity | 10/15 | €247,505 | €270,298 | +€22,794 | +9.2% |
| Contributions | 10/11 | €153,333 | €153,333 | = | 0.0% |
| Reserves | 13 | €94,000 | €116,500 | +€22,500 | +23.9% |
| Distributable reserves | 133 | €94,000 | €116,500 | +€22,500 | +23.9% |
| Profit (loss) carried forward | 14 | €171 | €465 | +€294 | +171% |
| Amounts payable | 17/49 | €919,814 | €1,070,059 | +€150,245 | +16.3% |
| Amounts payable after more than one year | 17 | €718,341 | €641,515 | -€76,827 | -10.7% |
| Financial debts | 170/4 | €718,341 | €641,515 | -€76,827 | -10.7% |
| Amounts payable within one year | 42/48 | €201,473 | €428,545 | +€227,072 | +113% |
| Current portion of amounts payable after more than one year | 42 | €44,815 | €30,009 | -€14,806 | -33.0% |
| Financial debts | 43 | €31,446 | €47,794 | +€16,348 | +52.0% |
| Credit institutions | 430/8 | €31,446 | €47,794 | +€16,348 | +52.0% |
| Trade debts | 44 | €95,720 | €310,900 | +€215,180 | +225% |
| Suppliers | 440/4 | €95,720 | €310,900 | +€215,180 | +225% |
| Taxes, remuneration and social security | 45 | €23,683 | €34,034 | +€10,351 | +43.7% |
| Taxes | 450/3 | €23,683 | €34,034 | +€10,351 | +43.7% |
| Other amounts payable | 47/48 | €5,808 | €5,808 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,341 | €50,341 | = | 0.0% |
| Other operating charges | 640/8 | €3,968 | €4,522 | +€554 | +14.0% |
| Gross operating margin | 9900 | €115,757 | €97,187 | -€18,569 | -16.0% |
| Operating profit (loss) | 9901 | €61,448 | €42,324 | -€19,123 | -31.1% |
| Financial income | 75/76B | €7,627 | €12,680 | +€5,054 | +66.3% |
| Recurring financial income | 75 | €7,627 | €12,680 | +€5,054 | +66.3% |
| Financial charges | 65/66B | €22,923 | €20,173 | -€2,750 | -12.0% |
| Recurring financial charges | 65 | €22,923 | €20,173 | -€2,750 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €46,151 | €34,831 | -€11,319 | -24.5% |
| Income taxes | 67/77 | €12,600 | €12,038 | -€562 | -4.5% |
| Profit (loss) for the period | 9904 | €33,551 | €22,794 | -€10,757 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,551 | €22,794 | -€10,757 | -32.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.