VASTGOED B.2.: 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.
VASTGOED B.2.
Largest movements
- Cash -€75,727
down €75,727 (-68.4%), from €110,784 to €35,057
mainly Other debts (-€86,100) and Debts after one year (-€39,011)
- Tangible fixed assets -€39,498
down €39,498 (-3.4%), from €1.2m to €1.1m
of which Land and buildings: -€29,700
- Other debts -€86,100
down €86,100 (-56.6%), from €152,096 to €65,996
- Debts after one year -€39,011
down €39,011 (-31.6%), from €123,385 to €84,374
- Profit (loss) carried forward +€31,365
up €31,365 (+4.4%), from €709,095 to €740,460
- Current portion of long-term debt -€16,479
down €16,479 (-29.7%), from €55,491 to €39,012
- Other operating charges +€20,599
new in 2024: €20,599
- Provisions -€20,566
no longer reported in 2024 (was €20,566)
- Gross operating margin +€17,627
up €17,627 (+18.7%), from €94,436 to €112,063
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,317,462 | €1,207,237 | -€110,225 | -8.4% |
| Fixed assets | 21/28 | €1,151,678 | €1,112,180 | -€39,498 | -3.4% |
| Tangible fixed assets | 22/27 | €1,151,678 | €1,112,180 | -€39,498 | -3.4% |
| Land and buildings | 22 | €1,098,326 | €1,068,626 | -€29,700 | -2.7% |
| Plant, machinery and equipment | 23 | €14,868 | €5,070 | -€9,798 | -65.9% |
| Other tangible fixed assets | 26 | €38,484 | €38,484 | = | 0.0% |
| Current assets | 29/58 | €165,784 | €95,057 | -€70,727 | -42.7% |
| Amounts receivable within one year | 40/41 | €55,000 | €60,000 | +€5,000 | +9.1% |
| Other amounts receivable | 41 | €55,000 | €60,000 | +€5,000 | +9.1% |
| Cash at bank and in hand | 54/58 | €110,784 | €35,057 | -€75,727 | -68.4% |
| Total equity and liabilities | 10/49 | €1,317,462 | €1,207,237 | -€110,225 | -8.4% |
| Equity | 10/15 | €986,490 | €1,017,855 | +€31,365 | +3.2% |
| Contributions | 10/11 | €265,000 | €265,000 | = | 0.0% |
| Capital | 10 | €265,000 | €265,000 | = | 0.0% |
| Issued capital | 100 | €265,000 | €265,000 | = | 0.0% |
| Reserves | 13 | €12,395 | €12,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | - | €12,395 | +€12,395 | |
| Reserves not available under the articles | 1311 | €12,395 | - | -€12,395 | |
| Profit (loss) carried forward | 14 | €709,095 | €740,460 | +€31,365 | +4.4% |
| Amounts payable | 17/49 | €330,972 | €189,382 | -€141,590 | -42.8% |
| Amounts payable after more than one year | 17 | €123,385 | €84,374 | -€39,011 | -31.6% |
| Financial debts | 170/4 | €123,385 | €84,374 | -€39,011 | -31.6% |
| Amounts payable within one year | 42/48 | €207,587 | €105,008 | -€102,579 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €55,491 | €39,012 | -€16,479 | -29.7% |
| Other amounts payable | 47/48 | €152,096 | €65,996 | -€86,100 | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,717 | €39,507 | -€210 | -0.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,566 | - | -€20,566 | |
| Other operating charges | 640/8 | - | €20,599 | +€20,599 | |
| Gross operating margin | 9900 | €94,436 | €112,063 | +€17,627 | +18.7% |
| Operating profit (loss) | 9901 | €34,153 | €51,957 | +€17,804 | +52.1% |
| Financial charges | 65/66B | €3,480 | €2,390 | -€1,090 | -31.3% |
| Recurring financial charges | 65 | €3,480 | €2,390 | -€1,090 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €30,673 | €49,567 | +€18,894 | +61.6% |
| Income taxes | 67/77 | €970 | €1,065 | +€95 | +9.8% |
| Profit (loss) for the period | 9904 | €29,703 | €48,502 | +€18,799 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,703 | €48,502 | +€18,799 | +63.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.