PRO-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.
PRO-VASTGOED
Largest movements
- Receivables within one year -€67,742
down €67,742 (-70.3%), from €96,314 to €28,571
of which Trade receivables: -€78,896
- Cash -€38,179
down €38,179 (-65.2%), from €58,579 to €20,400
mainly Net result for the year (-€86,180) and Trade debts (-€13,063)
- Tangible fixed assets +€3,672
new in 2025: €3,672
- Deferred charges and accrued income -€1,820
down €1,820 (-100%), from €1,820 to €0
- Reserves -€86,180
down €86,180 (-64.4%), from €133,828 to €47,648
of which Distributable reserves: -€86,180
- Trade debts -€13,063
down €13,063 (-92.8%), from €14,082 to €1,019
- Other debts -€3,848
down €3,848 (-41.1%), from €9,352 to €5,505
- Gross operating margin -€96,048
down €96,048, from €13,731 to -€82,318
- Financial income +€1,721
up €1,721 (+33,099%), from €5 to €1,726
- Financial charges -€1,348
down €1,348 (-29.5%), from €4,566 to €3,218
- Depreciation +€1,244
up €1,244, from €0 to €1,244
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 | €179,212 | €75,143 | -€104,069 | -58.1% |
| Fixed assets | 21/28 | - | €3,672 | +€3,672 | |
| Tangible fixed assets | 22/27 | - | €3,672 | +€3,672 | |
| Furniture and vehicles | 24 | - | €3,672 | +€3,672 | |
| Current assets | 29/58 | €179,212 | €71,472 | -€107,741 | -60.1% |
| Stocks and contracts in progress | 3 | €22,500 | €22,500 | = | 0.0% |
| Stocks | 30/36 | €22,500 | €22,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,314 | €28,571 | -€67,742 | -70.3% |
| Trade receivables | 40 | €78,896 | €0 | -€78,896 | -100% |
| Other amounts receivable | 41 | €17,417 | €28,571 | +€11,154 | +64.0% |
| Cash at bank and in hand | 54/58 | €58,579 | €20,400 | -€38,179 | -65.2% |
| Deferred charges and accrued income | 490/1 | €1,820 | €0 | -€1,820 | -100% |
| Total equity and liabilities | 10/49 | €179,212 | €75,143 | -€104,069 | -58.1% |
| Equity | 10/15 | €153,828 | €67,648 | -€86,180 | -56.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €133,828 | €47,648 | -€86,180 | -64.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €131,828 | €45,648 | -€86,180 | -65.4% |
| Amounts payable | 17/49 | €25,385 | €7,495 | -€17,889 | -70.5% |
| Amounts payable within one year | 42/48 | €24,136 | €7,495 | -€16,641 | -68.9% |
| Trade debts | 44 | €14,082 | €1,019 | -€13,063 | -92.8% |
| Suppliers | 440/4 | €14,082 | €1,019 | -€13,063 | -92.8% |
| Taxes, remuneration and social security | 45 | €702 | €972 | +€270 | +38.5% |
| Taxes | 450/3 | €702 | €972 | +€270 | +38.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,352 | €5,505 | -€3,848 | -41.1% |
| Accrued charges and deferred income | 492/3 | €1,248 | €0 | -€1,248 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,244 | +€1,244 | |
| Other operating charges | 640/8 | €1,252 | €663 | -€589 | -47.0% |
| Non-recurring operating charges | 66A | €3,057 | €0 | -€3,057 | -100% |
| Gross operating margin | 9900 | €13,731 | -€82,318 | -€96,048 | |
| Operating profit (loss) | 9901 | €9,421 | -€84,225 | -€93,646 | |
| Financial income | 75/76B | €5 | €1,726 | +€1,721 | +33,099% |
| Recurring financial income | 75 | €5 | €1,726 | +€1,721 | +33,099% |
| Financial charges | 65/66B | €4,566 | €3,218 | -€1,348 | -29.5% |
| Recurring financial charges | 65 | €4,566 | €3,218 | -€1,348 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €4,860 | -€85,717 | -€90,577 | |
| Income taxes | 67/77 | €507 | €463 | -€44 | -8.7% |
| Profit (loss) for the period | 9904 | €4,353 | -€86,180 | -€90,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,353 | -€86,180 | -€90,533 |
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 25 October 2026 via checked.be.