OLD 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.
OLD VASTGOED
Largest movements
- Cash -€145,260
down €145,260 (-60.9%), from €238,497 to €93,237
mainly Provisions (-€110,800) and Trade debts (-€86,064)
- Provisions -€110,800
down €110,800 (-35.6%), from €310,800 to €200,000
- Trade debts -€86,064
down €86,064 (-85.2%), from €101,039 to €14,975
- Services and other goods -€672,948
down €672,948 (-77.5%), from €868,826 to €195,878
- Other operating income -€384,600
no longer reported in 2025 (was €384,600)
- Provisions +€328,154
up €328,154 (+74.8%), from -€438,954 to -€110,800
- Financial charges -€86,640
down €86,640 (-98.5%), from €87,985 to €1,345
of which Non-recurring financial charges: -€83,012
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 | €4,599,600 | €4,371,656 | -€227,944 | -5.0% |
| Fixed assets | 21/28 | €58,492 | €17,557 | -€40,935 | -70.0% |
| Financial fixed assets | 28 | €58,492 | €17,557 | -€40,935 | -70.0% |
| Other financial fixed assets | 284/8 | €58,492 | €17,557 | -€40,935 | -70.0% |
| Shares | 284 | €40,963 | €28 | -€40,935 | -99.9% |
| Amounts receivable and cash guarantees | 285/8 | €17,529 | €17,529 | = | 0.0% |
| Current assets | 29/58 | €4,541,107 | €4,354,098 | -€187,009 | -4.1% |
| Amounts receivable within one year | 40/41 | €4,302,610 | €4,260,861 | -€41,749 | -1.0% |
| Trade receivables | 40 | €392,595 | - | -€392,595 | |
| Other amounts receivable | 41 | €3,910,015 | €4,260,861 | +€350,846 | +9.0% |
| Cash at bank and in hand | 54/58 | €238,497 | €93,237 | -€145,260 | -60.9% |
| Total equity and liabilities | 10/49 | €4,599,600 | €4,371,656 | -€227,944 | -5.0% |
| Equity | 10/15 | €4,187,760 | €4,156,681 | -€31,080 | -0.7% |
| Contributions | 10/11 | €25,120,940 | €25,120,940 | = | 0.0% |
| Capital | 10 | €25,120,940 | €25,120,940 | = | 0.0% |
| Issued capital | 100 | €25,120,940 | €25,120,940 | = | 0.0% |
| Reserves | 13 | €752,680 | €752,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €632,808 | €632,808 | = | 0.0% |
| Legal reserve | 130 | €632,808 | €632,808 | = | 0.0% |
| Distributable reserves | 133 | €119,872 | €119,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,685,860 | -€21,716,939 | -€31,080 | -0.1% |
| Provisions and deferred taxes | 16 | €310,800 | €200,000 | -€110,800 | -35.6% |
| Provisions for liabilities and charges | 160/5 | €310,800 | €200,000 | -€110,800 | -35.6% |
| Other liabilities and charges | 164/5 | €310,800 | €200,000 | -€110,800 | -35.6% |
| Amounts payable | 17/49 | €101,039 | €14,975 | -€86,064 | -85.2% |
| Amounts payable within one year | 42/48 | €101,039 | €14,975 | -€86,064 | -85.2% |
| Trade debts | 44 | €101,039 | €14,975 | -€86,064 | -85.2% |
| Suppliers | 440/4 | €101,039 | €14,975 | -€86,064 | -85.2% |
| Operating income | 70/76A | €384,600 | - | -€384,600 | |
| Other operating income | 74 | €384,600 | - | -€384,600 | |
| Operating charges | 60/66A | €434,781 | €85,078 | -€349,703 | -80.4% |
| Services and other goods | 61 | €868,826 | €195,878 | -€672,948 | -77.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€438,954 | -€110,800 | +€328,154 | +74.8% |
| Other operating charges | 640/8 | €4,909 | - | -€4,909 | |
| Operating profit (loss) | 9901 | -€50,181 | -€85,078 | -€34,897 | -69.5% |
| Financial income | 75/76B | €41,874 | €55,343 | +€13,469 | +32.2% |
| Recurring financial income | 75 | €41,874 | €45,865 | +€3,991 | +9.5% |
| Income from current assets | 751 | €41,874 | €45,865 | +€3,991 | +9.5% |
| Non-recurring financial income | 76B | - | €9,478 | +€9,478 | |
| Financial charges | 65/66B | €87,985 | €1,345 | -€86,640 | -98.5% |
| Recurring financial charges | 65 | €4,941 | €1,313 | -€3,628 | -73.4% |
| Other financial charges | 652/9 | €4,941 | €1,313 | -€3,628 | -73.4% |
| Non-recurring financial charges | 66B | €83,044 | €32 | -€83,012 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€96,292 | -€31,080 | +€65,212 | +67.7% |
| Profit (loss) for the period | 9904 | -€96,292 | -€31,080 | +€65,212 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,292 | -€31,080 | +€65,212 | +67.7% |
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 27 October 2026 via checked.be.