NEXT VASTGOEDBEHEER: 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.
NEXT VASTGOEDBEHEER
Largest movements
- Receivables within one year -€23,277
no longer reported in 2025 (was €23,277)
- Tangible fixed assets +€21,791
up €21,791 (+168%), from €12,962 to €34,754
of which Furniture and vehicles: +€19,256
- Current investments +€20,000
up €20,000 (+16.7%), from €120,000 to €140,000
- Cash +€2,569
up €2,569 (+14.3%), from €17,961 to €20,530
mainly Net result for the year (+€40,182) and Receivables within one year (+€23,277)
- Reserves +€40,182
up €40,182 (+30.5%), from €131,751 to €171,932
- Tax, wage and social debts -€15,551
down €15,551 (-49.4%), from €31,467 to €15,916
- Other debts -€2,027
down €2,027 (-84.6%), from €2,396 to €370
- Gross operating margin -€31,230
down €31,230 (-36.7%), from €85,129 to €53,899
- Taxes -€6,800
down €6,800 (-40.3%), from €16,893 to €10,093
- Depreciation +€4,954
up €4,954 (+285%), from €1,741 to €6,695
- Financial income +€3,155
up €3,155 (+559%), from €565 to €3,720
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 | €174,200 | €195,283 | +€21,083 | +12.1% |
| Fixed assets | 21/28 | €12,962 | €34,754 | +€21,791 | +168% |
| Tangible fixed assets | 22/27 | €12,962 | €34,754 | +€21,791 | +168% |
| Plant, machinery and equipment | 23 | €3,350 | €5,885 | +€2,535 | +75.7% |
| Furniture and vehicles | 24 | €9,613 | €28,869 | +€19,256 | +200% |
| Current assets | 29/58 | €161,238 | €160,530 | -€708 | -0.4% |
| Amounts receivable within one year | 40/41 | €23,277 | - | -€23,277 | |
| Trade receivables | 40 | €23,277 | - | -€23,277 | |
| Current investments | 50/53 | €120,000 | €140,000 | +€20,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €17,961 | €20,530 | +€2,569 | +14.3% |
| Total equity and liabilities | 10/49 | €174,200 | €195,283 | +€21,083 | +12.1% |
| Equity | 10/15 | €134,751 | €174,932 | +€40,182 | +29.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €131,751 | €171,932 | +€40,182 | +30.5% |
| Distributable reserves | 133 | €131,751 | €171,932 | +€40,182 | +30.5% |
| Amounts payable | 17/49 | €39,449 | €20,351 | -€19,098 | -48.4% |
| Amounts payable within one year | 42/48 | €39,449 | €20,351 | -€19,098 | -48.4% |
| Trade debts | 44 | €5,586 | €4,065 | -€1,521 | -27.2% |
| Suppliers | 440/4 | €5,586 | €4,065 | -€1,521 | -27.2% |
| Taxes, remuneration and social security | 45 | €31,467 | €15,916 | -€15,551 | -49.4% |
| Taxes | 450/3 | €31,467 | €15,916 | -€15,551 | -49.4% |
| Other amounts payable | 47/48 | €2,396 | €370 | -€2,027 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,741 | €6,695 | +€4,954 | +285% |
| Other operating charges | 640/8 | €449 | €579 | +€129 | +28.8% |
| Gross operating margin | 9900 | €85,129 | €53,899 | -€31,230 | -36.7% |
| Operating profit (loss) | 9901 | €82,938 | €46,625 | -€36,313 | -43.8% |
| Financial income | 75/76B | €565 | €3,720 | +€3,155 | +559% |
| Recurring financial income | 75 | €565 | €3,720 | +€3,155 | +559% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €83,434 | €50,275 | -€33,159 | -39.7% |
| Income taxes | 67/77 | €16,893 | €10,093 | -€6,800 | -40.3% |
| Profit (loss) for the period | 9904 | €66,541 | €40,182 | -€26,359 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,541 | €40,182 | -€26,359 | -39.6% |
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 31 October 2026 via checked.be.