VANLOOT IMMO: 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.
What changed
VANLOOT IMMO
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€174,580
2024 · €4.0m-€3.8m
Equity
€10.1m
2024 · €9.9m+€174,580
Cash
€322,355
2024 · €37,912+€284,443
Balance sheet total
€12.7m
2024 · €13.6m-€846,743
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-38.6%), from €2.9m to €1.8m
of which Other amounts receivable: -€890,042
- Cash +€284,443
up €284,443 (+750%), from €37,912 to €322,355
mainly Receivables within one year (+€1.1m) and Trade debts (+€588,840)
- Tangible fixed assets -€157,647
down €157,647 (-8.9%), from €1.8m to €1.6m
of which Leasing and similar rights: -€368,709
- Financial fixed assets +€156,983
up €156,983 (+1.8%), from €8.8m to €8.9m
of which Other financial fixed assets: +€116,361
Equity and liabilities
- Tax, wage and social debts -€1.1m
down €1.1m (-84.3%), from €1.3m to €208,217
of which Taxes: -€671,842
- Trade debts +€588,840
up €588,840 (+582%), from €101,143 to €689,983
- Debts after one year -€218,946
down €218,946 (-17.2%), from €1.3m to €1.1m
of which Other amounts payable: -€148,502
- Profit (loss) carried forward +€174,580
up €174,580 (+2.4%), from €7.1m to €7.3m
Income statement
- Services and other goods +€117,723
up €117,723 (+16.9%), from €698,644 to €816,368
- Turnover +€53,675
up €53,675 (+1.4%), from €3.8m to €3.9m
- Financial income -€49,546
down €49,546 (-88.1%), from €56,266 to €6,721
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.
Result 2024
€4.0m
Turnover
+€53,675
Other operating income
+€19,499
Goods and materials
+€1,558
Services and other goods
-€117,723
Staff costs
+€31,339
Depreciation
-€12,750
Other operating charges
-€13,945
Other operating items
-€3.8m
Financial income
-€49,546
Financial charges
+€29,677
Taxes
+€15,311
Result 2025
€174,580
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€866,858
Investment
-€219,033
Financing
-€363,382
Cash 2024
€37,912
From operations (derived)
+€866,858
Net result for the year
+€174,580
Depreciation
+€213,467
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€3,139
Trade debts
+€588,840
Tax, wage and social debts
-€1.1m
Other debts
-€132,727
Investment (derived)
-€219,033
Investment in fixed assets (net)
-€219,033
Financing
-€363,382
Debts after one year
-€218,946
Current portion of long-term debt
-€111,600
Short-term financial debts
-€32,836
Cash 2025
€322,355
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,592,370 | €12,745,627 | -€846,743 | -6.2% |
| Fixed assets | 21/28 | €10,573,169 | €10,578,735 | +€5,566 | +0.1% |
| Intangible fixed assets | 21 | €15,980 | €22,211 | +€6,231 | +39.0% |
| Tangible fixed assets | 22/27 | €1,773,457 | €1,615,810 | -€157,647 | -8.9% |
| Land and buildings | 22 | €125,000 | €125,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €61,533 | €40,665 | -€20,868 | -33.9% |
| Furniture and vehicles | 24 | €95,751 | €11,181 | -€84,570 | -88.3% |
| Leasing and similar rights | 25 | €476,705 | €107,996 | -€368,709 | -77.3% |
| Assets under construction and advance payments | 27 | €1,014,468 | €1,330,968 | +€316,500 | +31.2% |
| Financial fixed assets | 28 | €8,783,731 | €8,940,714 | +€156,983 | +1.8% |
| Affiliated companies | 280/1 | €8,783,731 | €8,824,353 | +€40,622 | +0.5% |
| Participating interests | 280 | €8,783,731 | €8,824,353 | +€40,622 | +0.5% |
| Other financial fixed assets | 284/8 | - | €116,361 | +€116,361 | |
| Amounts receivable and cash guarantees | 285/8 | - | €116,361 | +€116,361 | |
| Current assets | 29/58 | €3,019,201 | €2,166,892 | -€852,309 | -28.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,934,304 | €1,800,690 | -€1.1m | -38.6% |
| Trade receivables | 40 | €1,113,042 | €869,470 | -€243,572 | -21.9% |
| Other amounts receivable | 41 | €1,821,262 | €931,221 | -€890,042 | -48.9% |
| Cash at bank and in hand | 54/58 | €37,912 | €322,355 | +€284,443 | +750% |
| Deferred charges and accrued income | 490/1 | €46,985 | €43,847 | -€3,139 | -6.7% |
| Total equity and liabilities | 10/49 | €13,592,370 | €12,745,627 | -€846,743 | -6.2% |
| Equity | 10/15 | €9,904,544 | €10,079,125 | +€174,580 | +1.8% |
| Contributions | 10/11 | €2,624,581 | €2,624,581 | = | 0.0% |
| Reserves | 13 | €153,900 | €153,900 | = | 0.0% |
| Distributable reserves | 133 | €153,900 | €153,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,126,064 | €7,300,644 | +€174,580 | +2.4% |
| Amounts payable | 17/49 | €3,687,825 | €2,666,502 | -€1.0m | -27.7% |
| Amounts payable after more than one year | 17 | €1,269,900 | €1,050,954 | -€218,946 | -17.2% |
| Financial debts | 170/4 | €1,074,781 | €1,004,337 | -€70,444 | -6.6% |
| Leasing and similar obligations | 172 | €307,706 | €44,586 | -€263,120 | -85.5% |
| Credit institutions | 173 | €767,075 | €959,751 | +€192,676 | +25.1% |
| Other amounts payable | 178/9 | €195,120 | €46,617 | -€148,502 | -76.1% |
| Amounts payable within one year | 42/48 | €2,417,925 | €1,615,548 | -€802,377 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €252,496 | €140,896 | -€111,600 | -44.2% |
| Financial debts | 43 | €380,829 | €347,994 | -€32,836 | -8.6% |
| Credit institutions | 430/8 | €380,829 | €205,000 | -€175,829 | -46.2% |
| Other loans | 439 | - | €142,994 | +€142,994 | |
| Trade debts | 44 | €101,143 | €689,983 | +€588,840 | +582% |
| Suppliers | 440/4 | €101,143 | €689,983 | +€588,840 | +582% |
| Taxes, remuneration and social security | 45 | €1,322,273 | €208,217 | -€1.1m | -84.3% |
| Taxes | 450/3 | €880,059 | €208,217 | -€671,842 | -76.3% |
| Remuneration and social security | 454/9 | €442,213 | €0 | -€442,213 | -100% |
| Other amounts payable | 47/48 | €361,184 | €228,458 | -€132,727 | -36.7% |
| Operating income | 70/76A | €7,850,892 | €4,147,561 | -€3.7m | -47.2% |
| Turnover | 70 | €3,810,979 | €3,864,655 | +€53,675 | +1.4% |
| Other operating income | 74 | €160,782 | €180,281 | +€19,499 | +12.1% |
| Non-recurring operating income | 76A | €3,879,130 | €102,624 | -€3.8m | -97.4% |
| Operating charges | 60/66A | €3,752,216 | €3,850,956 | +€98,740 | +2.6% |
| Goods for resale, raw materials and consumables | 60 | €1,558 | €0 | -€1,558 | -100% |
| Purchases | 600/8 | €1,558 | €0 | -€1,558 | -100% |
| Services and other goods | 61 | €698,644 | €816,368 | +€117,723 | +16.9% |
| Remuneration, social security and pensions | 62 | €2,802,552 | €2,771,212 | -€31,339 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,717 | €213,467 | +€12,750 | +6.4% |
| Other operating charges | 640/8 | €35,965 | €49,910 | +€13,945 | +38.8% |
| Non-recurring operating charges | 66A | €12,780 | €0 | -€12,780 | -100% |
| Operating profit (loss) | 9901 | €4,098,675 | €296,604 | -€3.8m | -92.8% |
| Financial income | 75/76B | €56,266 | €6,721 | -€49,546 | -88.1% |
| Recurring financial income | 75 | €56,266 | €6,721 | -€49,546 | -88.1% |
| Income from current assets | 751 | €56,168 | €5,269 | -€50,898 | -90.6% |
| Other financial income | 752/9 | €99 | €1,451 | +€1,352 | +1,367% |
| Financial charges | 65/66B | €108,356 | €78,678 | -€29,677 | -27.4% |
| Recurring financial charges | 65 | €108,356 | €78,678 | -€29,677 | -27.4% |
| Debt charges | 650 | €107,233 | €77,410 | -€29,823 | -27.8% |
| Other financial charges | 652/9 | €1,123 | €1,268 | +€145 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €4,046,586 | €224,646 | -€3.8m | -94.4% |
| Income taxes | 67/77 | €65,377 | €50,066 | -€15,311 | -23.4% |
| Taxes | 670/3 | €67,797 | €51,445 | -€16,352 | -24.1% |
| Tax adjustments and reversals of tax provisions | 77 | €2,420 | €1,379 | -€1,041 | -43.0% |
| Profit (loss) for the period | 9904 | €3,981,209 | €174,580 | -€3.8m | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,981,209 | €174,580 | -€3.8m | -95.6% |
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 18 October 2026 via checked.be.