VANDERSEYPEN PROPERTIES: 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.
VANDERSEYPEN PROPERTIES
Largest movements
- Cash +€10,467
up €10,467 (+42.8%), from €24,436 to €34,903
mainly Depreciation (+€9,637) and Other debts (+€2,755)
- Tangible fixed assets -€9,161
down €9,161 (-19.9%), from €45,996 to €36,835
of which Land and buildings: -€6,307
- Receivables within one year +€1,647
new in 2025: €1,647
of which Other amounts receivable: +€1,284
- Reserves +€26,392
up €26,392 (+1,419%), from €1,860 to €28,252
- Profit (loss) carried forward -€24,330
no longer reported in 2025 (was €24,330)
- Other debts +€2,755
up €2,755 (+11.0%), from €25,042 to €27,797
- Accrued charges and deferred income -€2,156
no longer reported in 2025 (was €2,156)
- Tax, wage and social debts +€1,181
up €1,181 (+392%), from €301 to €1,482
- Gross operating margin +€16,532
up €16,532 (+1,060%), from €1,559 to €18,091
- Taxes +€938
up €938 (+375%), from €250 to €1,188
- Depreciation -€500
down €500 (-4.9%), from €10,137 to €9,637
- Other operating charges +€303
up €303 (+9.1%), from €3,339 to €3,642
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 | €72,992 | €76,448 | +€3,456 | +4.7% |
| Fixed assets | 21/28 | €46,144 | €36,982 | -€9,162 | -19.9% |
| Tangible fixed assets | 22/27 | €45,996 | €36,835 | -€9,161 | -19.9% |
| Land and buildings | 22 | €42,234 | €35,927 | -€6,307 | -14.9% |
| Furniture and vehicles | 24 | €3,762 | €908 | -€2,854 | -75.9% |
| Financial fixed assets | 28 | €147 | €147 | -€0 | -0.1% |
| Current assets | 29/58 | €26,848 | €39,466 | +€12,618 | +47.0% |
| Amounts receivable within one year | 40/41 | - | €1,647 | +€1,647 | |
| Trade receivables | 40 | - | €363 | +€363 | |
| Other amounts receivable | 41 | - | €1,284 | +€1,284 | |
| Cash at bank and in hand | 54/58 | €24,436 | €34,903 | +€10,467 | +42.8% |
| Deferred charges and accrued income | 490/1 | €2,412 | €2,916 | +€504 | +20.9% |
| Total equity and liabilities | 10/49 | €72,992 | €76,448 | +€3,456 | +4.7% |
| Equity | 10/15 | €44,790 | €46,852 | +€2,062 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €28,252 | +€26,392 | +1,419% |
| Distributable reserves | 133 | €1,860 | €28,252 | +€26,392 | +1,419% |
| Profit (loss) carried forward | 14 | €24,330 | - | -€24,330 | |
| Amounts payable | 17/49 | €28,202 | €29,596 | +€1,394 | +4.9% |
| Amounts payable within one year | 42/48 | €26,046 | €29,596 | +€3,550 | +13.6% |
| Trade debts | 44 | €703 | €317 | -€386 | -54.9% |
| Suppliers | 440/4 | €703 | €317 | -€386 | -54.9% |
| Taxes, remuneration and social security | 45 | €301 | €1,482 | +€1,181 | +392% |
| Taxes | 450/3 | €301 | €1,482 | +€1,181 | +392% |
| Other amounts payable | 47/48 | €25,042 | €27,797 | +€2,755 | +11.0% |
| Accrued charges and deferred income | 492/3 | €2,156 | - | -€2,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,137 | €9,637 | -€500 | -4.9% |
| Other operating charges | 640/8 | €3,339 | €3,642 | +€303 | +9.1% |
| Gross operating margin | 9900 | €1,559 | €18,091 | +€16,532 | +1,060% |
| Operating profit (loss) | 9901 | -€11,917 | €4,812 | +€16,729 | |
| Financial charges | 65/66B | €1,634 | €1,562 | -€72 | -4.4% |
| Recurring financial charges | 65 | €1,634 | €1,562 | -€72 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,551 | €3,250 | +€16,801 | |
| Income taxes | 67/77 | €250 | €1,188 | +€938 | +375% |
| Profit (loss) for the period | 9904 | -€13,801 | €2,062 | +€15,863 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,801 | €2,062 | +€15,863 |
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 14 October 2026 via checked.be.