T & V Vastgoed: what changed
What changed
T & V Vastgoed
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€119,415
2024 · €122,645-€3,231
Equity
€2.9m
2024 · €2.8m+€119,415
Cash
€4,586
2024 · €607+€3,979
Balance sheet total
€4.4m
2024 · €4.4m-€12,193
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€119,415
up €119,415 (+15.1%), from -€789,566 to -€670,151
- Other debts -€110,145
down €110,145 (-6.9%), from €1.6m to €1.5m
Income statement
- Other operating charges +€12,680
up €12,680 (+44.3%), from €28,594 to €41,274
- Depreciation -€9,257
down €9,257 (-15.6%), from €59,189 to €49,932
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€122,645
Gross operating margin
-€1,059
Depreciation
+€9,257
Other operating charges
-€12,680
Financial charges
+€147
Taxes
+€1,104
Result 2025
€119,415
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,810
Investment
-€36,831
Financing
€0
Cash 2024
€607
From operations (derived)
+€40,810
Net result for the year
+€119,415
Depreciation
+€49,932
Receivables within one year
+€3,337
Deferred charges and accrued income
-€266
Trade debts
-€23,249
Tax, wage and social debts
+€1,786
Other debts
-€110,145
Investment (derived)
-€36,831
Investment in fixed assets (net)
-€36,831
Cash 2025
€4,586
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,383,631 | €4,371,437 | -€12,193 | -0.3% |
| Fixed assets | 21/28 | €4,374,041 | €4,360,940 | -€13,101 | -0.3% |
| Tangible fixed assets | 22/27 | €4,374,041 | €4,360,940 | -€13,101 | -0.3% |
| Land and buildings | 22 | €4,374,041 | €4,360,940 | -€13,101 | -0.3% |
| Current assets | 29/58 | €9,590 | €10,497 | +€907 | +9.5% |
| Amounts receivable within one year | 40/41 | €3,337 | €0 | -€3,337 | -100% |
| Trade receivables | 40 | €3,337 | €0 | -€3,337 | -100% |
| Cash at bank and in hand | 54/58 | €607 | €4,586 | +€3,979 | +655% |
| Deferred charges and accrued income | 490/1 | €5,646 | €5,911 | +€266 | +4.7% |
| Total equity and liabilities | 10/49 | €4,383,631 | €4,371,437 | -€12,193 | -0.3% |
| Equity | 10/15 | €2,759,380 | €2,878,795 | +€119,415 | +4.3% |
| Contributions | 10/11 | €132,116 | €132,116 | = | 0.0% |
| Revaluation surpluses | 12 | €3,270,170 | €3,270,170 | = | 0.0% |
| Reserves | 13 | €146,660 | €146,660 | = | 0.0% |
| Distributable reserves | 133 | €146,660 | €146,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€789,566 | -€670,151 | +€119,415 | +15.1% |
| Amounts payable | 17/49 | €1,624,250 | €1,492,642 | -€131,608 | -8.1% |
| Amounts payable after more than one year | 17 | €6,600 | €6,600 | = | 0.0% |
| Other amounts payable | 178/9 | €6,600 | €6,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,617,650 | €1,486,042 | -€131,608 | -8.1% |
| Trade debts | 44 | €23,334 | €85 | -€23,249 | -99.6% |
| Suppliers | 440/4 | €23,334 | €85 | -€23,249 | -99.6% |
| Taxes, remuneration and social security | 45 | €1,890 | €3,675 | +€1,786 | +94.5% |
| Taxes | 450/3 | €1,890 | €3,675 | +€1,786 | +94.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,592,427 | €1,482,282 | -€110,145 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,189 | €49,932 | -€9,257 | -15.6% |
| Other operating charges | 640/8 | €28,594 | €41,274 | +€12,680 | +44.3% |
| Gross operating margin | 9900 | €284,583 | €283,525 | -€1,059 | -0.4% |
| Operating profit (loss) | 9901 | €196,801 | €192,319 | -€4,482 | -2.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €31,266 | €31,119 | -€147 | -0.5% |
| Recurring financial charges | 65 | €31,266 | €31,119 | -€147 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €165,535 | €161,201 | -€4,335 | -2.6% |
| Income taxes | 67/77 | €42,890 | €41,786 | -€1,104 | -2.6% |
| Profit (loss) for the period | 9904 | €122,645 | €119,415 | -€3,231 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,645 | €119,415 | -€3,231 | -2.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.