REAL PROPERTY OPTIONS: 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.
REAL PROPERTY OPTIONS
Largest movements
- Cash +€11,802
up €11,802 (+20.0%), from €58,945 to €70,747
mainly Net result for the year (+€16,261) and Receivables within one year (+€10,111)
- Receivables within one year -€10,111
down €10,111 (-58.8%), from €17,184 to €7,074
of which Trade receivables: -€11,814
- Reserves +€13,398
up €13,398 (+41.0%), from €32,679 to €46,077
- Tax, wage and social debts -€8,390
down €8,390 (-27.9%), from €30,094 to €21,704
of which Remuneration and social security: -€4,919
- Other debts -€2,269
down €2,269 (-39.5%), from €5,743 to €3,474
- Trade debts -€980
down €980 (-36.8%), from €2,665 to €1,685
- Gross operating margin +€14,595
up €14,595 (+115%), from €12,667 to €27,262
- Taxes +€4,200
up €4,200 (+136%), from €3,096 to €7,296
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 | €83,654 | €85,414 | +€1,760 | +2.1% |
| Fixed assets | 21/28 | €7,181 | €7,594 | +€413 | +5.7% |
| Tangible fixed assets | 22/27 | €7,181 | €7,594 | +€413 | +5.7% |
| Plant, machinery and equipment | 23 | €3,255 | €1,945 | -€1,310 | -40.2% |
| Furniture and vehicles | 24 | €3,926 | €5,649 | +€1,723 | +43.9% |
| Current assets | 29/58 | €76,473 | €77,820 | +€1,348 | +1.8% |
| Amounts receivable within one year | 40/41 | €17,184 | €7,074 | -€10,111 | -58.8% |
| Trade receivables | 40 | €17,184 | €5,370 | -€11,814 | -68.8% |
| Other amounts receivable | 41 | - | €1,704 | +€1,704 | |
| Cash at bank and in hand | 54/58 | €58,945 | €70,747 | +€11,802 | +20.0% |
| Deferred charges and accrued income | 490/1 | €343 | - | -€343 | |
| Total equity and liabilities | 10/49 | €83,654 | €85,414 | +€1,760 | +2.1% |
| Equity | 10/15 | €45,153 | €58,551 | +€13,398 | +29.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €32,679 | €46,077 | +€13,398 | +41.0% |
| Distributable reserves | 133 | €32,679 | €46,077 | +€13,398 | +41.0% |
| Profit (loss) carried forward | 14 | €12,374 | €12,374 | = | 0.0% |
| Amounts payable | 17/49 | €38,501 | €26,863 | -€11,638 | -30.2% |
| Amounts payable within one year | 42/48 | €38,501 | €26,863 | -€11,638 | -30.2% |
| Trade debts | 44 | €2,665 | €1,685 | -€980 | -36.8% |
| Suppliers | 440/4 | €2,665 | €1,685 | -€980 | -36.8% |
| Taxes, remuneration and social security | 45 | €30,094 | €21,704 | -€8,390 | -27.9% |
| Taxes | 450/3 | €20,255 | €16,784 | -€3,471 | -17.1% |
| Remuneration and social security | 454/9 | €9,839 | €4,920 | -€4,919 | -50.0% |
| Other amounts payable | 47/48 | €5,743 | €3,474 | -€2,269 | -39.5% |
| Non-recurring operating income | 76A | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,328 | €3,064 | -€264 | -7.9% |
| Other operating charges | 640/8 | €622 | €519 | -€103 | -16.6% |
| Non-recurring operating charges | 66A | €673 | - | -€673 | |
| Gross operating margin | 9900 | €12,667 | €27,262 | +€14,595 | +115% |
| Operating profit (loss) | 9901 | €8,045 | €23,679 | +€15,634 | +194% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €121 | €122 | +€1 | +0.9% |
| Recurring financial charges | 65 | €121 | €122 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €7,924 | €23,557 | +€15,633 | +197% |
| Income taxes | 67/77 | €3,096 | €7,296 | +€4,200 | +136% |
| Profit (loss) for the period | 9904 | €4,828 | €16,261 | +€11,433 | +237% |
| Profit (loss) for the period to be appropriated | 9905 | €4,828 | €16,261 | +€11,433 | +237% |
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 18 October 2026 via checked.be.