VAN MIDDEN 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.
VAN MIDDEN VASTGOED
Largest movements
- Receivables within one year +€1.3m
new in 2025: €1.3m
of which Trade receivables: +€1.3m
- Stocks and contracts -€526,010
no longer reported in 2025 (was €526,010)
- Short-term financial debts +€620,000
new in 2025: €620,000
- Reserves +€270,164
up €270,164 (+208%), from €129,990 to €400,153
- Debts after one year -€170,601
down €170,601 (-52.3%), from €326,327 to €155,726
- Trade debts +€38,474
up €38,474 (+1,172%), from €3,283 to €41,756
- Tax, wage and social debts +€24,656
up €24,656 (+389%), from €6,334 to €30,990
- Gross operating margin +€286,463
up €286,463 (+305%), from €93,992 to €380,455
- Taxes +€80,043
up €80,043 (+7,685%), from €1,042 to €81,084
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 | €577,071 | €1,359,764 | +€782,693 | +136% |
| Fixed assets | 21/28 | €19,515 | €8,588 | -€10,927 | -56.0% |
| Tangible fixed assets | 22/27 | €19,515 | €8,588 | -€10,927 | -56.0% |
| Plant, machinery and equipment | 23 | €37 | - | -€37 | |
| Furniture and vehicles | 24 | €19,478 | €8,588 | -€10,890 | -55.9% |
| Current assets | 29/58 | €557,556 | €1,351,176 | +€793,621 | +142% |
| Stocks and contracts in progress | 3 | €526,010 | - | -€526,010 | |
| Stocks | 30/36 | €526,010 | - | -€526,010 | |
| Amounts receivable within one year | 40/41 | - | €1,311,388 | +€1.3m | |
| Trade receivables | 40 | - | €1,299,897 | +€1.3m | |
| Other amounts receivable | 41 | - | €11,490 | +€11,490 | |
| Cash at bank and in hand | 54/58 | €29,806 | €35,954 | +€6,148 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,740 | €3,835 | +€2,095 | +120% |
| Total equity and liabilities | 10/49 | €577,071 | €1,359,764 | +€782,693 | +136% |
| Equity | 10/15 | €241,127 | €511,291 | +€270,164 | +112% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €129,990 | €400,153 | +€270,164 | +208% |
| Distributable reserves | 133 | €129,990 | €400,153 | +€270,164 | +208% |
| Profit (loss) carried forward | 14 | €61,138 | €61,138 | = | 0.0% |
| Amounts payable | 17/49 | €335,943 | €848,473 | +€512,529 | +153% |
| Amounts payable after more than one year | 17 | €326,327 | €155,726 | -€170,601 | -52.3% |
| Financial debts | 170/4 | €326,327 | €155,726 | -€170,601 | -52.3% |
| Amounts payable within one year | 42/48 | €9,616 | €692,747 | +€683,130 | +7,104% |
| Financial debts | 43 | - | €620,000 | +€620,000 | |
| Credit institutions | 430/8 | - | €620,000 | +€620,000 | |
| Trade debts | 44 | €3,283 | €41,756 | +€38,474 | +1,172% |
| Suppliers | 440/4 | €3,283 | €41,756 | +€38,474 | +1,172% |
| Taxes, remuneration and social security | 45 | €6,334 | €30,990 | +€24,656 | +389% |
| Taxes | 450/3 | €6,334 | €30,990 | +€24,656 | +389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,739 | €10,927 | -€812 | -6.9% |
| Other operating charges | 640/8 | €3,442 | €3,103 | -€339 | -9.8% |
| Gross operating margin | 9900 | €93,992 | €380,455 | +€286,463 | +305% |
| Operating profit (loss) | 9901 | €78,811 | €366,425 | +€287,613 | +365% |
| Financial income | 75/76B | €129 | €33 | -€96 | -74.5% |
| Recurring financial income | 75 | €129 | €33 | -€96 | -74.5% |
| Financial charges | 65/66B | €16,761 | €15,210 | -€1,552 | -9.3% |
| Recurring financial charges | 65 | €16,761 | €15,210 | -€1,552 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €62,179 | €351,248 | +€289,069 | +465% |
| Income taxes | 67/77 | €1,042 | €81,084 | +€80,043 | +7,685% |
| Profit (loss) for the period | 9904 | €61,138 | €270,164 | +€209,026 | +342% |
| Profit (loss) for the period to be appropriated | 9905 | €61,138 | €270,164 | +€209,026 | +342% |
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 16 October 2026 via checked.be.