Vast-Goed: 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.
Vast-Goed
Largest movements
- Current investments -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Cash +€993,133
up €993,133 (+1205.8%), from €82,364 to €1.1m
mainly Current investments (+€1.2m) and Depreciation (+€119,552)
- Tangible fixed assets -€95,476
down €95,476 (-1.6%), from €5.9m to €5.9m
of which Land and buildings: -€95,476
- Other debts -€147,163
down €147,163 (-96.8%), from €151,963 to €4,800
- Tax, wage and social debts -€105,196
down €105,196 (-93.2%), from €112,815 to €7,620
- Gross operating margin -€506,131
down €506,131 (-73.5%), from €688,761 to €182,631
- Taxes -€144,645
down €144,645 (-99.1%), from €145,968 to €1,323
- Depreciation +€26,963
up €26,963 (+29.1%), from €92,588 to €119,552
- Financial income +€15,256
up €15,256 (+1303.8%), from €1,170 to €16,426
- Financial charges +€9,243
up €9,243 (+16.2%), from €57,169 to €66,412
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.
Cash bridge derived
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 | €7,418,368 | €7,117,483 | -€300,885 | -4.1% |
| Fixed assets | 21/28 | €5,948,367 | €5,852,891 | -€95,476 | -1.6% |
| Tangible fixed assets | 22/27 | €5,948,367 | €5,852,891 | -€95,476 | -1.6% |
| Land and buildings | 22 | €5,882,963 | €5,787,487 | -€95,476 | -1.6% |
| Furniture and vehicles | 24 | €35,000 | €35,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €30,404 | €30,404 | = | 0.0% |
| Current assets | 29/58 | €1,470,002 | €1,264,593 | -€205,409 | -14.0% |
| Amounts receivable after more than one year | 29 | €112,801 | €104,457 | -€8,344 | -7.4% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €112,801 | €104,457 | -€8,344 | -7.4% |
| Amounts receivable within one year | 40/41 | €44,664 | €76,984 | +€32,320 | +72.4% |
| Trade receivables | 40 | €12,863 | €29,772 | +€16,909 | +131.5% |
| Other amounts receivable | 41 | €31,801 | €47,212 | +€15,411 | +48.5% |
| Current investments | 50/53 | €1,230,173 | €0 | -€1.2m | -100.0% |
| Cash at bank and in hand | 54/58 | €82,364 | €1,075,497 | +€993,133 | +1205.8% |
| Deferred charges and accrued income | 490/1 | €0 | €7,655 | +€7,655 | |
| Total equity and liabilities | 10/49 | €7,418,368 | €7,117,483 | -€300,885 | -4.1% |
| Equity | 10/15 | €4,591,169 | €4,577,418 | -€13,751 | -0.3% |
| Contributions | 10/11 | €611,471 | €611,471 | = | 0.0% |
| Revaluation surpluses | 12 | €406,775 | €406,775 | = | 0.0% |
| Reserves | 13 | €3,572,924 | €3,559,172 | -€13,751 | -0.4% |
| Distributable reserves | 133 | €3,572,924 | €3,559,172 | -€13,751 | -0.4% |
| Amounts payable | 17/49 | €2,827,199 | €2,540,065 | -€287,134 | -10.2% |
| Amounts payable after more than one year | 17 | €2,388,328 | €2,342,359 | -€45,969 | -1.9% |
| Financial debts | 170/4 | €2,388,328 | €2,342,359 | -€45,969 | -1.9% |
| Amounts payable within one year | 42/48 | €379,364 | €137,122 | -€242,242 | -63.9% |
| Current portion of amounts payable after more than one year | 42 | €96,200 | €96,200 | = | 0.0% |
| Trade debts | 44 | €18,386 | €28,502 | +€10,116 | +55.0% |
| Suppliers | 440/4 | €18,386 | €28,502 | +€10,116 | +55.0% |
| Taxes, remuneration and social security | 45 | €112,815 | €7,620 | -€105,196 | -93.2% |
| Taxes | 450/3 | €112,815 | €7,620 | -€105,196 | -93.2% |
| Other amounts payable | 47/48 | €151,963 | €4,800 | -€147,163 | -96.8% |
| Accrued charges and deferred income | 492/3 | €59,508 | €60,585 | +€1,077 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,588 | €119,552 | +€26,963 | +29.1% |
| Other operating charges | 640/8 | €23,099 | €25,521 | +€2,422 | +10.5% |
| Gross operating margin | 9900 | €688,761 | €182,631 | -€506,131 | -73.5% |
| Operating profit (loss) | 9901 | €573,074 | €37,558 | -€535,516 | -93.4% |
| Financial income | 75/76B | €1,170 | €16,426 | +€15,256 | +1303.8% |
| Recurring financial income | 75 | €1,170 | €16,426 | +€15,256 | +1303.8% |
| Financial charges | 65/66B | €57,169 | €66,412 | +€9,243 | +16.2% |
| Recurring financial charges | 65 | €57,169 | €66,412 | +€9,243 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €517,075 | -€12,428 | -€529,503 | |
| Income taxes | 67/77 | €145,968 | €1,323 | -€144,645 | -99.1% |
| Profit (loss) for the period | 9904 | €371,107 | -€13,751 | -€384,858 | |
| Profit (loss) for the period to be appropriated | 9905 | €371,107 | -€13,751 | -€384,858 |
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 12 October 2026 via checked.be.