SOM 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.
SOM VASTGOED
Largest movements
- Receivables within one year +€260,215
up €260,215 (+24.6%), from €1.1m to €1.3m
of which Trade receivables: +€296,132
- Cash +€17,734
up €17,734 (+44.4%), from €39,952 to €57,686
mainly Other debts (+€751,858) and Net result for the year (+€505,600)
- Other debts +€751,858
up €751,858 (+1,504%), from €50,000 to €801,858
- Profit (loss) carried forward -€594,400
down €594,400 (-85.7%), from €693,594 to €99,194
- Tax, wage and social debts +€98,559
up €98,559 (+46.9%), from €210,168 to €308,728
of which Taxes: +€109,746
- Accrued charges and deferred income +€18,375
up €18,375 (+32,743%), from €56 to €18,431
- Turnover -€959,817
no longer reported in 2025 (was €959,817)
- Purchases and services -€659,237
no longer reported in 2025 (was €659,237)
- Gross operating margin +€382,653
up €382,653 (+114%), from €334,935 to €717,588
- Taxes +€126,777
up €126,777 (+199%), from €63,653 to €190,429
- Staff costs -€35,230
down €35,230 (-53.6%), from €65,705 to €30,474
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 | €1,108,849 | €1,402,139 | +€293,290 | +26.4% |
| Fixed assets | 21/28 | €8,395 | €10,422 | +€2,027 | +24.1% |
| Tangible fixed assets | 22/27 | €8,395 | €10,422 | +€2,027 | +24.1% |
| Plant, machinery and equipment | 23 | - | €2,283 | +€2,283 | |
| Furniture and vehicles | 24 | €8,395 | €8,139 | -€256 | -3.1% |
| Current assets | 29/58 | €1,100,454 | €1,391,717 | +€291,263 | +26.5% |
| Amounts receivable within one year | 40/41 | €1,057,117 | €1,317,331 | +€260,215 | +24.6% |
| Trade receivables | 40 | €113,992 | €410,124 | +€296,132 | +260% |
| Other amounts receivable | 41 | €943,124 | €907,207 | -€35,917 | -3.8% |
| Cash at bank and in hand | 54/58 | €39,952 | €57,686 | +€17,734 | +44.4% |
| Deferred charges and accrued income | 490/1 | €3,385 | €16,699 | +€13,314 | +393% |
| Total equity and liabilities | 10/49 | €1,108,849 | €1,402,139 | +€293,290 | +26.4% |
| Equity | 10/15 | €699,794 | €105,394 | -€594,400 | -84.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €693,594 | €99,194 | -€594,400 | -85.7% |
| Amounts payable | 17/49 | €409,055 | €1,296,745 | +€887,690 | +217% |
| Amounts payable within one year | 42/48 | €408,999 | €1,278,313 | +€869,314 | +213% |
| Financial debts | 43 | - | €8,062 | +€8,062 | |
| Credit institutions | 430/8 | - | €8,062 | +€8,062 | |
| Trade debts | 44 | €148,830 | €159,666 | +€10,835 | +7.3% |
| Suppliers | 440/4 | €148,830 | €159,666 | +€10,835 | +7.3% |
| Taxes, remuneration and social security | 45 | €210,168 | €308,728 | +€98,559 | +46.9% |
| Taxes | 450/3 | €198,981 | €308,728 | +€109,746 | +55.2% |
| Remuneration and social security | 454/9 | €11,187 | - | -€11,187 | |
| Other amounts payable | 47/48 | €50,000 | €801,858 | +€751,858 | +1,504% |
| Accrued charges and deferred income | 492/3 | €56 | €18,431 | +€18,375 | +32,743% |
| Turnover | 70 | €959,817 | - | -€959,817 | |
| Non-recurring operating income | 76A | €7,301 | €4,250 | -€3,050 | -41.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €659,237 | - | -€659,237 | |
| Remuneration, social security and pensions | 62 | €65,705 | €30,474 | -€35,230 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,458 | €3,123 | +€665 | +27.1% |
| Other operating charges | 640/8 | €6,717 | €943 | -€5,774 | -86.0% |
| Non-recurring operating charges | 66A | €51,077 | - | -€51,077 | |
| Gross operating margin | 9900 | €334,935 | €717,588 | +€382,653 | +114% |
| Operating profit (loss) | 9901 | €208,980 | €683,048 | +€474,069 | +227% |
| Financial income | 75/76B | €26,704 | €25,873 | -€832 | -3.1% |
| Recurring financial income | 75 | €26,704 | €25,873 | -€832 | -3.1% |
| Financial charges | 65/66B | €16,035 | €12,891 | -€3,144 | -19.6% |
| Recurring financial charges | 65 | €16,035 | €12,891 | -€3,144 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €219,649 | €696,030 | +€476,380 | +217% |
| Income taxes | 67/77 | €63,653 | €190,429 | +€126,777 | +199% |
| Profit (loss) for the period | 9904 | €155,997 | €505,600 | +€349,604 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €155,997 | €505,600 | +€349,604 | +224% |
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.