VANACKER REAL ESTATE: 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.
VANACKER REAL ESTATE
Largest movements
- Cash -€462,870
down €462,870 (-88.9%), from €520,683 to €57,814
mainly Stocks and contracts (-€329,603) and Short-term financial debts (-€318,918)
- Stocks and contracts +€329,603
up €329,603 (+139%), from €237,893 to €567,495
- Receivables within one year -€168,775
down €168,775 (-27.9%), from €605,107 to €436,331
of which Trade receivables: -€240,520
- Short-term financial debts -€318,918
down €318,918 (-32.7%), from €975,000 to €656,082
- Trade debts +€14,307
up €14,307 (+39.5%), from €36,186 to €50,494
- Gross operating margin +€37,215
up €37,215 (+501%), from €7,427 to €44,642
- Financial charges +€15,191
up €15,191 (+37.0%), from €41,011 to €56,202
- Financial income +€2,318
new in 2025: €2,318
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 | €1,405,951 | €1,087,458 | -€318,493 | -22.7% |
| Fixed assets | 21/28 | €29,508 | €25,818 | -€3,690 | -12.5% |
| Tangible fixed assets | 22/27 | €29,508 | €25,818 | -€3,690 | -12.5% |
| Land and buildings | 22 | €20,590 | €19,873 | -€717 | -3.5% |
| Plant, machinery and equipment | 23 | €8,918 | €5,945 | -€2,973 | -33.3% |
| Current assets | 29/58 | €1,376,444 | €1,061,640 | -€314,803 | -22.9% |
| Stocks and contracts in progress | 3 | €237,893 | €567,495 | +€329,603 | +139% |
| Stocks | 30/36 | €237,893 | €567,495 | +€329,603 | +139% |
| Amounts receivable within one year | 40/41 | €605,107 | €436,331 | -€168,775 | -27.9% |
| Trade receivables | 40 | €524,320 | €283,800 | -€240,520 | -45.9% |
| Other amounts receivable | 41 | €80,787 | €152,531 | +€71,745 | +88.8% |
| Cash at bank and in hand | 54/58 | €520,683 | €57,814 | -€462,870 | -88.9% |
| Deferred charges and accrued income | 490/1 | €12,761 | €0 | -€12,761 | -100% |
| Total equity and liabilities | 10/49 | €1,405,951 | €1,087,458 | -€318,493 | -22.7% |
| Equity | 10/15 | €394,413 | €380,882 | -€13,531 | -3.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,413 | €270,882 | -€13,531 | -4.8% |
| Amounts payable | 17/49 | €1,011,538 | €706,576 | -€304,962 | -30.1% |
| Amounts payable within one year | 42/48 | €1,011,186 | €706,576 | -€304,611 | -30.1% |
| Financial debts | 43 | €975,000 | €656,082 | -€318,918 | -32.7% |
| Credit institutions | 430/8 | €975,000 | €656,082 | -€318,918 | -32.7% |
| Trade debts | 44 | €36,186 | €50,494 | +€14,307 | +39.5% |
| Suppliers | 440/4 | €36,186 | €50,494 | +€14,307 | +39.5% |
| Accrued charges and deferred income | 492/3 | €352 | €0 | -€352 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,690 | €3,690 | = | 0.0% |
| Other operating charges | 640/8 | €1,002 | €600 | -€402 | -40.1% |
| Gross operating margin | 9900 | €7,427 | €44,642 | +€37,215 | +501% |
| Operating profit (loss) | 9901 | €2,736 | €40,353 | +€37,617 | +1,375% |
| Financial income | 75/76B | - | €2,318 | +€2,318 | |
| Recurring financial income | 75 | - | €2,318 | +€2,318 | |
| Financial charges | 65/66B | €41,011 | €56,202 | +€15,191 | +37.0% |
| Recurring financial charges | 65 | €41,011 | €56,202 | +€15,191 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,275 | -€13,531 | +€24,744 | +64.6% |
| Profit (loss) for the period | 9904 | -€38,275 | -€13,531 | +€24,744 | +64.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,275 | -€13,531 | +€24,744 | +64.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.