FOCUS 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.
FOCUS VASTGOED
Largest movements
- Tangible fixed assets -€12,057
down €12,057 (-7.4%), from €163,729 to €151,672
of which Land and buildings: -€6,037
- Cash +€3,215
up €3,215 (+85.8%), from €3,745 to €6,960
mainly Depreciation (+€12,057) and Net result for the year (+€11,570)
- Other debts -€18,123
down €18,123 (-25.9%), from €69,947 to €51,824
- Profit (loss) carried forward +€11,570
up €11,570 (+27.9%), from -€41,420 to -€29,849
- Debts after one year -€4,641
down €4,641 (-5.6%), from €82,475 to €77,833
- Current portion of long-term debt +€2,001
new in 2025: €2,001
- Short-term financial debts -€2,001
no longer reported in 2025 (was €2,001)
- Gross operating margin +€26,428
up €26,428 (+397%), from €6,650 to €33,079
- Turnover -€17,681
no longer reported in 2025 (was €17,681)
- Purchases and services -€11,031
no longer reported in 2025 (was €11,031)
- Other operating charges +€5,778
up €5,778 (+857%), from €674 to €6,452
- Financial charges +€2,913
up €2,913 (+3,164%), from €92 to €3,005
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 | €175,903 | €166,770 | -€9,133 | -5.2% |
| Fixed assets | 21/28 | €171,867 | €159,810 | -€12,057 | -7.0% |
| Tangible fixed assets | 22/27 | €163,729 | €151,672 | -€12,057 | -7.4% |
| Land and buildings | 22 | €146,672 | €140,635 | -€6,037 | -4.1% |
| Furniture and vehicles | 24 | €17,057 | €11,037 | -€6,020 | -35.3% |
| Financial fixed assets | 28 | €8,138 | €8,138 | = | 0.0% |
| Current assets | 29/58 | €4,037 | €6,960 | +€2,924 | +72.4% |
| Amounts receivable within one year | 40/41 | €291 | - | -€291 | |
| Other amounts receivable | 41 | €291 | - | -€291 | |
| Cash at bank and in hand | 54/58 | €3,745 | €6,960 | +€3,215 | +85.8% |
| Total equity and liabilities | 10/49 | €175,903 | €166,770 | -€9,133 | -5.2% |
| Equity | 10/15 | €18,580 | €30,151 | +€11,570 | +62.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,420 | -€29,849 | +€11,570 | +27.9% |
| Amounts payable | 17/49 | €157,323 | €136,620 | -€20,704 | -13.2% |
| Amounts payable after more than one year | 17 | €82,475 | €77,833 | -€4,641 | -5.6% |
| Financial debts | 170/4 | €82,475 | €77,833 | -€4,641 | -5.6% |
| Amounts payable within one year | 42/48 | €74,849 | €58,786 | -€16,062 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,001 | +€2,001 | |
| Financial debts | 43 | €2,001 | - | -€2,001 | |
| Credit institutions | 430/8 | €2,001 | - | -€2,001 | |
| Trade debts | 44 | €2,900 | €3,499 | +€599 | +20.6% |
| Suppliers | 440/4 | €2,900 | €3,499 | +€599 | +20.6% |
| Taxes, remuneration and social security | 45 | - | €1,463 | +€1,463 | |
| Taxes | 450/3 | - | €1,463 | +€1,463 | |
| Other amounts payable | 47/48 | €69,947 | €51,824 | -€18,123 | -25.9% |
| Turnover | 70 | €17,681 | - | -€17,681 | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,031 | - | -€11,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,057 | €12,057 | = | 0.0% |
| Other operating charges | 640/8 | €674 | €6,452 | +€5,778 | +857% |
| Gross operating margin | 9900 | €6,650 | €33,079 | +€26,428 | +397% |
| Operating profit (loss) | 9901 | -€6,081 | €14,569 | +€20,650 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €92 | €3,005 | +€2,913 | +3,164% |
| Recurring financial charges | 65 | €92 | €3,005 | +€2,913 | +3,164% |
| Profit (loss) for the period before taxes | 9903 | -€6,173 | €11,570 | +€17,743 | |
| Profit (loss) for the period | 9904 | -€6,173 | €11,570 | +€17,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,173 | €11,570 | +€17,743 |
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 24 October 2026 via checked.be.