Van Baekel Vastgoedindustrie: 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.
Van Baekel Vastgoedindustrie
Largest movements
- Receivables within one year +€12,512
up €12,512 (+806%), from €1,552 to €14,064
of which Trade receivables: +€13,759
- Cash +€10,911
up €10,911 (+108%), from €10,108 to €21,019
mainly Net result for the year (+€15,424) and Tax, wage and social debts (+€6,241)
- Deferred charges and accrued income -€5,575
down €5,575 (-89.9%), from €6,200 to €625
- Tangible fixed assets +€500
up €500 (+32.6%), from €1,537 to €2,037
- Profit (loss) carried forward +€15,424
up €15,424 (+508%), from €3,034 to €18,457
- Tax, wage and social debts +€6,241
up €6,241 (+163%), from €3,837 to €10,078
of which Taxes: +€6,241
- Other debts -€1,770
down €1,770 (-30.1%), from €5,888 to €4,119
- Trade debts -€1,547
down €1,547 (-37.4%), from €4,138 to €2,591
- Gross operating margin +€20,392
up €20,392 (+853%), from €2,390 to €22,783
- Taxes +€4,144
up €4,144 (+640%), from €647 to €4,792
- Other operating charges +€866
up €866 (+119%), from €726 to €1,592
- Depreciation +€672
up €672 (+782%), from €86 to €758
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 | €19,397 | €37,746 | +€18,349 | +94.6% |
| Fixed assets | 21/28 | €1,537 | €2,037 | +€500 | +32.6% |
| Tangible fixed assets | 22/27 | €1,537 | €2,037 | +€500 | +32.6% |
| Furniture and vehicles | 24 | €1,537 | €2,037 | +€500 | +32.6% |
| Current assets | 29/58 | €17,860 | €35,708 | +€17,848 | +99.9% |
| Amounts receivable within one year | 40/41 | €1,552 | €14,064 | +€12,512 | +806% |
| Trade receivables | 40 | - | €13,759 | +€13,759 | |
| Other amounts receivable | 41 | €1,552 | €305 | -€1,247 | -80.3% |
| Cash at bank and in hand | 54/58 | €10,108 | €21,019 | +€10,911 | +108% |
| Deferred charges and accrued income | 490/1 | €6,200 | €625 | -€5,575 | -89.9% |
| Total equity and liabilities | 10/49 | €19,397 | €37,746 | +€18,349 | +94.6% |
| Equity | 10/15 | €5,534 | €20,957 | +€15,424 | +279% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,034 | €18,457 | +€15,424 | +508% |
| Amounts payable | 17/49 | €13,863 | €16,788 | +€2,925 | +21.1% |
| Amounts payable within one year | 42/48 | €13,863 | €16,788 | +€2,925 | +21.1% |
| Trade debts | 44 | €4,138 | €2,591 | -€1,547 | -37.4% |
| Suppliers | 440/4 | €4,138 | €2,591 | -€1,547 | -37.4% |
| Taxes, remuneration and social security | 45 | €3,837 | €10,078 | +€6,241 | +163% |
| Taxes | 450/3 | €1,787 | €8,028 | +€6,241 | +349% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | €5,888 | €4,119 | -€1,770 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €758 | +€672 | +782% |
| Other operating charges | 640/8 | €726 | €1,592 | +€866 | +119% |
| Gross operating margin | 9900 | €2,390 | €22,783 | +€20,392 | +853% |
| Operating profit (loss) | 9901 | €1,578 | €20,433 | +€18,854 | +1,195% |
| Financial charges | 65/66B | €186 | €217 | +€32 | +17.0% |
| Recurring financial charges | 65 | €186 | €217 | +€32 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €1,393 | €20,215 | +€18,823 | +1,352% |
| Income taxes | 67/77 | €647 | €4,792 | +€4,144 | +640% |
| Profit (loss) for the period | 9904 | €745 | €15,424 | +€14,679 | +1,970% |
| Profit (loss) for the period to be appropriated | 9905 | €745 | €15,424 | +€14,679 | +1,970% |
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 30 October 2026 via checked.be.