VAMO VASTGOED: what changed
VAMO VASTGOED
Largest movements
- Cash -€255,235
down €255,235 (-99.1%), from €257,609 to €2,374
mainly Receivables within one year (-€165,791) and Debts after one year (-€51,472)
- Receivables within one year +€165,791
up €165,791 (+259%), from €64,081 to €229,872
of which Other amounts receivable: +€166,159
- Tangible fixed assets -€9,008
down €9,008 (-25.1%), from €35,853 to €26,845
- Debts after one year -€51,472
down €51,472 (-18.3%), from €280,722 to €229,250
- Profit (loss) carried forward -€30,172
new in 2025: -€30,172
- Trade debts -€9,222
down €9,222 (-43.2%), from €21,328 to €12,106
- Reserves -€7,580
down €7,580 (-100%), from €7,580 to €0
- Gross operating margin +€3,708
up €3,708 (+17.4%), from -€21,352 to -€17,644
- Depreciation +€649
up €649 (+7.8%), from €8,359 to €9,008
- Other operating charges -€412
down €412 (-31.8%), from €1,295 to €883
- Financial charges +€298
up €298 (+3.0%), from €9,918 to €10,216
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,629 | €261,184 | -€98,445 | -27.4% |
| Fixed assets | 21/28 | €35,853 | €26,845 | -€9,008 | -25.1% |
| Tangible fixed assets | 22/27 | €35,853 | €26,845 | -€9,008 | -25.1% |
| Furniture and vehicles | 24 | €35,853 | €26,845 | -€9,008 | -25.1% |
| Current assets | 29/58 | €323,776 | €234,340 | -€89,437 | -27.6% |
| Stocks and contracts in progress | 3 | €1,970 | €1,970 | = | 0.0% |
| Stocks | 30/36 | €1,970 | €1,970 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,081 | €229,872 | +€165,791 | +259% |
| Trade receivables | 40 | €4,771 | €4,404 | -€368 | -7.7% |
| Other amounts receivable | 41 | €59,309 | €225,468 | +€166,159 | +280% |
| Cash at bank and in hand | 54/58 | €257,609 | €2,374 | -€255,235 | -99.1% |
| Deferred charges and accrued income | 490/1 | €117 | €124 | +€7 | +6.2% |
| Total equity and liabilities | 10/49 | €359,629 | €261,184 | -€98,445 | -27.4% |
| Equity | 10/15 | €57,580 | €19,828 | -€37,751 | -65.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,580 | €0 | -€7,580 | -100% |
| Distributable reserves | 133 | €7,580 | €0 | -€7,580 | -100% |
| Profit (loss) carried forward | 14 | - | -€30,172 | -€30,172 | |
| Amounts payable | 17/49 | €302,050 | €241,356 | -€60,694 | -20.1% |
| Amounts payable after more than one year | 17 | €280,722 | €229,250 | -€51,472 | -18.3% |
| Financial debts | 170/4 | €280,722 | €229,250 | -€51,472 | -18.3% |
| Amounts payable within one year | 42/48 | €21,328 | €12,106 | -€9,222 | -43.2% |
| Trade debts | 44 | €21,328 | €12,106 | -€9,222 | -43.2% |
| Suppliers | 440/4 | €21,328 | €12,106 | -€9,222 | -43.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,359 | €9,008 | +€649 | +7.8% |
| Other operating charges | 640/8 | €1,295 | €883 | -€412 | -31.8% |
| Gross operating margin | 9900 | -€21,352 | -€17,644 | +€3,708 | +17.4% |
| Operating profit (loss) | 9901 | -€31,006 | -€27,535 | +€3,470 | +11.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €9,918 | €10,216 | +€298 | +3.0% |
| Recurring financial charges | 65 | €9,918 | €10,216 | +€298 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,923 | -€37,751 | +€3,172 | +7.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€40,923 | -€37,751 | +€3,172 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,923 | -€37,751 | +€3,172 | +7.8% |
Next steps
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 3 November 2026 via checked.be.