LML VASTGOED: what changed
LML VASTGOED
Largest movements
- Receivables within one year +€15,638
up €15,638 (+502%), from €3,118 to €18,756
of which Trade receivables: +€18,343
- Cash +€12,890
up €12,890 (+38.9%), from €33,159 to €46,048
mainly Net result for the year (+€34,084) and Depreciation (+€16,663)
- Tangible fixed assets +€7,945
up €7,945 (+2.8%), from €282,933 to €290,877
of which Furniture and vehicles: +€17,906
- Reserves +€34,084
up €34,084 (+36.3%), from €93,964 to €128,049
of which Distributable reserves: +€34,084
- Tax, wage and social debts +€11,979
up €11,979 (+114%), from €10,465 to €22,443
of which Taxes: +€9,479
- Debts after one year -€4,761
down €4,761 (-3.5%), from €134,707 to €129,946
- Other debts -€4,379
down €4,379 (-12.5%), from €34,963 to €30,584
- Gross operating margin +€56,719
up €56,719 (+266%), from €21,332 to €78,051
- Taxes +€13,450
up €13,450 (+313%), from €4,295 to €17,745
- Depreciation +€8,597
up €8,597 (+107%), from €8,066 to €16,663
- Financial charges +€3,249
up €3,249 (+138%), from €2,354 to €5,603
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,897 | €358,771 | +€36,874 | +11.5% |
| Fixed assets | 21/28 | €282,933 | €290,877 | +€7,945 | +2.8% |
| Tangible fixed assets | 22/27 | €282,933 | €290,877 | +€7,945 | +2.8% |
| Land and buildings | 22 | €276,741 | €266,779 | -€9,962 | -3.6% |
| Furniture and vehicles | 24 | €6,192 | €24,098 | +€17,906 | +289% |
| Current assets | 29/58 | €38,965 | €67,894 | +€28,930 | +74.2% |
| Amounts receivable within one year | 40/41 | €3,118 | €18,756 | +€15,638 | +502% |
| Trade receivables | 40 | €413 | €18,756 | +€18,343 | +4,439% |
| Other amounts receivable | 41 | €2,705 | €0 | -€2,705 | -100% |
| Cash at bank and in hand | 54/58 | €33,159 | €46,048 | +€12,890 | +38.9% |
| Deferred charges and accrued income | 490/1 | €2,688 | €3,090 | +€402 | +14.9% |
| Total equity and liabilities | 10/49 | €321,897 | €358,771 | +€36,874 | +11.5% |
| Equity | 10/15 | €112,564 | €146,649 | +€34,084 | +30.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,964 | €128,049 | +€34,084 | +36.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €93,964 | €128,049 | +€34,084 | +36.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €209,333 | €212,123 | +€2,790 | +1.3% |
| Amounts payable after more than one year | 17 | €134,707 | €129,946 | -€4,761 | -3.5% |
| Financial debts | 170/4 | €134,707 | €129,946 | -€4,761 | -3.5% |
| Amounts payable within one year | 42/48 | €72,397 | €80,150 | +€7,753 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €19,748 | €20,665 | +€918 | +4.6% |
| Financial debts | 43 | €4,123 | €4,112 | -€11 | -0.3% |
| Credit institutions | 430/8 | €4,123 | €4,112 | -€11 | -0.3% |
| Trade debts | 44 | €3,098 | €2,344 | -€754 | -24.3% |
| Suppliers | 440/4 | €3,098 | €2,344 | -€754 | -24.3% |
| Taxes, remuneration and social security | 45 | €10,465 | €22,443 | +€11,979 | +114% |
| Taxes | 450/3 | €10,465 | €19,943 | +€9,479 | +90.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €34,963 | €30,584 | -€4,379 | -12.5% |
| Accrued charges and deferred income | 492/3 | €2,229 | €2,027 | -€203 | -9.1% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,066 | €16,663 | +€8,597 | +107% |
| Other operating charges | 640/8 | €3,389 | €3,956 | +€567 | +16.7% |
| Gross operating margin | 9900 | €21,332 | €78,051 | +€56,719 | +266% |
| Operating profit (loss) | 9901 | €9,877 | €57,432 | +€47,555 | +481% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €2,354 | €5,603 | +€3,249 | +138% |
| Recurring financial charges | 65 | €2,354 | €5,603 | +€3,249 | +138% |
| Profit (loss) for the period before taxes | 9903 | €7,524 | €51,829 | +€44,305 | +589% |
| Income taxes | 67/77 | €4,295 | €17,745 | +€13,450 | +313% |
| Profit (loss) for the period | 9904 | €3,229 | €34,084 | +€30,855 | +956% |
| Profit (loss) for the period to be appropriated | 9905 | €3,229 | €34,084 | +€30,855 | +956% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.