VasLand: 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.
VasLand
Largest movements
- Receivables within one year +€338,596
up €338,596 (+1326.4%), from €25,528 to €364,124
of which Other amounts receivable: +€353,832
- Tangible fixed assets -€299,590
down €299,590 (-16.8%), from €1.8m to €1.5m
- Cash -€129,887
down €129,887 (-7.1%), from €1.8m to €1.7m
mainly Receivables within one year (-€338,596) and Net result for the year (-€84,990)
- Profit (loss) carried forward -€84,990
down €84,990 (-10.5%), from -€808,687 to -€893,677
- Other operating charges +€53,397
up €53,397 (+186051.2%), from €29 to €53,425
- Gross operating margin +€40,332
up €40,332 (+56.2%), from -€71,813 to -€31,481
From the 2020 result to the 2021 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.
Cash bridge derived
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,233,007 | €4,142,125 | -€90,881 | -2.1% |
| Fixed assets | 21/28 | €2,386,458 | €2,086,868 | -€299,590 | -12.6% |
| Tangible fixed assets | 22/27 | €1,784,559 | €1,484,969 | -€299,590 | -16.8% |
| Land and buildings | 22 | €1,784,559 | €1,484,969 | -€299,590 | -16.8% |
| Financial fixed assets | 28 | €601,899 | €601,899 | = | 0.0% |
| Current assets | 29/58 | €1,846,548 | €2,055,257 | +€208,709 | +11.3% |
| Amounts receivable within one year | 40/41 | €25,528 | €364,124 | +€338,596 | +1326.4% |
| Trade receivables | 40 | €15,236 | - | -€15,236 | |
| Other amounts receivable | 41 | €10,292 | €364,124 | +€353,832 | +3437.9% |
| Cash at bank and in hand | 54/58 | €1,821,021 | €1,691,133 | -€129,887 | -7.1% |
| Total equity and liabilities | 10/49 | €4,233,007 | €4,142,125 | -€90,881 | -2.1% |
| Equity | 10/15 | €4,011,292 | €3,926,302 | -€84,990 | -2.1% |
| Contributions | 10/11 | €4,819,979 | €4,819,979 | = | 0.0% |
| Capital | 10 | €4,819,979 | €4,819,979 | = | 0.0% |
| Issued capital | 100 | €4,819,979 | €4,819,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€808,687 | -€893,677 | -€84,990 | -10.5% |
| Amounts payable | 17/49 | €221,715 | €215,824 | -€5,891 | -2.7% |
| Amounts payable within one year | 42/48 | €221,715 | €215,824 | -€5,891 | -2.7% |
| Trade debts | 44 | - | €16,355 | +€16,355 | |
| Suppliers | 440/4 | - | €16,355 | +€16,355 | |
| Other amounts payable | 47/48 | €221,715 | €199,469 | -€22,246 | -10.0% |
| Other operating charges | 640/8 | €29 | €53,425 | +€53,397 | +186051.2% |
| Non-recurring operating charges | 66A | €558,973 | - | -€558,973 | |
| Gross operating margin | 9900 | -€71,813 | -€31,481 | +€40,332 | +56.2% |
| Operating profit (loss) | 9901 | -€630,815 | -€84,907 | +€545,908 | +86.5% |
| Financial charges | 65/66B | €535 | €84 | -€451 | -84.3% |
| Recurring financial charges | 65 | €535 | €84 | -€451 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | -€631,350 | -€84,990 | +€546,359 | +86.5% |
| Profit (loss) for the period | 9904 | -€631,350 | -€84,990 | +€546,359 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€631,350 | -€84,990 | +€546,359 | +86.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.