PROPERTIES VV: what changed
Two fiscal 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.
PROPERTIES VV
Largest movements
- Cash -€85,866
down €85,866 (-83.0%), from €103,415 to €17,548
mainly Debts after one year (-€217,892)
- Tangible fixed assets -€52,000
down €52,000 (-5.7%), from €910,000 to €858,000
- Receivables within one year -€23,257
down €23,257 (-97.0%), from €23,981 to €724
- Debts after one year -€217,892
down €217,892 (-36.0%), from €604,766 to €386,874
- Reserves +€54,202
up €54,202 (+19.1%), from €284,132 to €338,333
- Financial charges -€3,863
down €3,863 (-25.9%), from €14,900 to €11,038
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.
Cash bridge derived
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 | €1,037,395 | €876,272 | -€161,123 | -15.5% |
| Fixed assets | 21/28 | €910,000 | €858,000 | -€52,000 | -5.7% |
| Tangible fixed assets | 22/27 | €910,000 | €858,000 | -€52,000 | -5.7% |
| Land and buildings | 22 | €910,000 | €858,000 | -€52,000 | -5.7% |
| Current assets | 29/58 | €127,395 | €18,272 | -€109,123 | -85.7% |
| Amounts receivable within one year | 40/41 | €23,981 | €724 | -€23,257 | -97.0% |
| Other amounts receivable | 41 | €23,981 | €724 | -€23,257 | -97.0% |
| Cash at bank and in hand | 54/58 | €103,415 | €17,548 | -€85,866 | -83.0% |
| Total equity and liabilities | 10/49 | €1,037,395 | €876,272 | -€161,123 | -15.5% |
| Equity | 10/15 | €334,132 | €388,333 | +€54,202 | +16.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €284,132 | €338,333 | +€54,202 | +19.1% |
| Distributable reserves | 133 | €284,132 | €338,333 | +€54,202 | +19.1% |
| Amounts payable | 17/49 | €703,264 | €487,939 | -€215,325 | -30.6% |
| Amounts payable after more than one year | 17 | €604,766 | €386,874 | -€217,892 | -36.0% |
| Financial debts | 170/4 | €604,766 | €386,874 | -€217,892 | -36.0% |
| Amounts payable within one year | 42/48 | €66,948 | €68,855 | +€1,908 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €66,498 | €67,892 | +€1,394 | +2.1% |
| Trade debts | 44 | €450 | €896 | +€446 | +99.3% |
| Suppliers | 440/4 | €450 | €896 | +€446 | +99.3% |
| Taxes, remuneration and social security | 45 | - | €67 | +€67 | |
| Taxes | 450/3 | - | €67 | +€67 | |
| Accrued charges and deferred income | 492/3 | €31,549 | €32,209 | +€660 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,000 | €52,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,981 | €1,740 | -€241 | -12.2% |
| Gross operating margin | 9900 | €137,745 | €137,042 | -€703 | -0.5% |
| Operating profit (loss) | 9901 | €83,764 | €83,302 | -€462 | -0.6% |
| Financial income | 75/76B | €241 | €5 | -€236 | -97.9% |
| Recurring financial income | 75 | €241 | €5 | -€236 | -97.9% |
| Financial charges | 65/66B | €14,900 | €11,038 | -€3,863 | -25.9% |
| Recurring financial charges | 65 | €14,900 | €11,038 | -€3,863 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €69,105 | €72,269 | +€3,165 | +4.6% |
| Income taxes | 67/77 | €17,276 | €18,067 | +€791 | +4.6% |
| Profit (loss) for the period | 9904 | €51,828 | €54,202 | +€2,373 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,828 | €54,202 | +€2,373 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.