Property and Partner: 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.
Property and Partner
Largest movements
- Tangible fixed assets -€39,183
down €39,183 (-5.8%), from €674,887 to €635,704
of which Land and buildings: -€23,627
- Receivables within one year +€29,153
up €29,153 (+1,143%), from €2,551 to €31,704
- Cash -€8,312
down €8,312 (-79.2%), from €10,493 to €2,182
mainly Receivables within one year (-€29,153) and Net result for the year (-€23,504)
- Profit (loss) carried forward -€23,504
down €23,504 (-25.3%), from -€92,920 to -€116,424
- Gross operating margin +€22,002
up €22,002, from -€4,941 to €17,060
- Other operating charges -€8,967
down €8,967 (-89.3%), from €10,038 to €1,071
- Financial charges -€1,530
down €1,530 (-91.9%), from €1,666 to €136
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 | €687,932 | €669,590 | -€18,341 | -2.7% |
| Fixed assets | 21/28 | €674,887 | €635,704 | -€39,183 | -5.8% |
| Tangible fixed assets | 22/27 | €674,887 | €635,704 | -€39,183 | -5.8% |
| Land and buildings | 22 | €601,979 | €578,353 | -€23,627 | -3.9% |
| Other tangible fixed assets | 26 | €72,908 | €57,352 | -€15,557 | -21.3% |
| Current assets | 29/58 | €13,044 | €33,886 | +€20,842 | +160% |
| Amounts receivable within one year | 40/41 | €2,551 | €31,704 | +€29,153 | +1,143% |
| Other amounts receivable | 41 | €2,551 | €31,704 | +€29,153 | +1,143% |
| Cash at bank and in hand | 54/58 | €10,493 | €2,182 | -€8,312 | -79.2% |
| Total equity and liabilities | 10/49 | €687,932 | €669,590 | -€18,341 | -2.7% |
| Equity | 10/15 | €685,634 | €662,130 | -€23,504 | -3.4% |
| Contributions | 10/11 | €368,000 | €368,000 | = | 0.0% |
| Capital | 10 | €368,000 | €368,000 | = | 0.0% |
| Issued capital | 100 | €368,000 | €368,000 | = | 0.0% |
| Reserves | 13 | €410,555 | €410,555 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,555 | €24,555 | = | 0.0% |
| Legal reserve | 130 | €24,555 | €24,555 | = | 0.0% |
| Distributable reserves | 133 | €386,000 | €386,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,920 | -€116,424 | -€23,504 | -25.3% |
| Amounts payable | 17/49 | €2,298 | €7,460 | +€5,163 | +225% |
| Amounts payable within one year | 42/48 | €2,298 | €7,460 | +€5,163 | +225% |
| Trade debts | 44 | - | €4,988 | +€4,988 | |
| Suppliers | 440/4 | - | €4,988 | +€4,988 | |
| Taxes, remuneration and social security | 45 | - | €174 | +€174 | |
| Taxes | 450/3 | - | €174 | +€174 | |
| Other amounts payable | 47/48 | €2,298 | €2,298 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,183 | €39,183 | = | 0.0% |
| Other operating charges | 640/8 | €10,038 | €1,071 | -€8,967 | -89.3% |
| Gross operating margin | 9900 | -€4,941 | €17,060 | +€22,002 | |
| Operating profit (loss) | 9901 | -€54,162 | -€23,194 | +€30,968 | +57.2% |
| Financial charges | 65/66B | €1,666 | €136 | -€1,530 | -91.9% |
| Recurring financial charges | 65 | €1,666 | €136 | -€1,530 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | -€55,828 | -€23,330 | +€32,498 | +58.2% |
| Income taxes | 67/77 | €169 | €174 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | -€55,997 | -€23,504 | +€32,493 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,997 | -€23,504 | +€32,493 | +58.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.