VASTGOED BONTE: 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 BONTE
Largest movements
- Cash -€19,723
down €19,723 (-68.3%), from €28,865 to €9,142
mainly Net result for the year (-€28,244) and Debts after one year (-€6,510)
- Receivables within one year -€9,787
down €9,787 (-73.0%), from €13,411 to €3,624
of which Trade receivables: -€9,595
- Tangible fixed assets -€4,925
down €4,925 (-19.9%), from €24,729 to €19,804
of which Other tangible fixed assets: -€3,574
- Deferred charges and accrued income -€2,756
down €2,756 (-40.7%), from €6,768 to €4,012
- Reserves -€22,748
down €22,748 (-83.0%), from €27,413 to €4,665
- Debts after one year -€6,510
down €6,510 (-26.5%), from €24,556 to €18,046
of which Financial debts: -€6,245
- Profit (loss) carried forward -€5,495
new in 2025: -€5,495
- Current portion of long-term debt -€1,303
down €1,303 (-12.6%), from €10,348 to €9,045
- Tax, wage and social debts -€1,231
down €1,231 (-20.9%), from €5,901 to €4,670
of which Taxes: -€2,481
- Gross operating margin -€21,555
down €21,555, from €3,289 to -€18,265
- Depreciation -€399
down €399 (-7.5%), from €5,324 to €4,925
- Taxes -€261
down €261 (-57.3%), from €456 to €194
- Other operating charges -€238
down €238 (-25.4%), from €936 to €698
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 | €74,974 | €37,782 | -€37,192 | -49.6% |
| Fixed assets | 21/28 | €25,929 | €21,004 | -€4,925 | -19.0% |
| Tangible fixed assets | 22/27 | €24,729 | €19,804 | -€4,925 | -19.9% |
| Furniture and vehicles | 24 | €1,639 | €287 | -€1,352 | -82.5% |
| Other tangible fixed assets | 26 | €23,090 | €19,517 | -€3,574 | -15.5% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €49,045 | €16,778 | -€32,267 | -65.8% |
| Amounts receivable within one year | 40/41 | €13,411 | €3,624 | -€9,787 | -73.0% |
| Trade receivables | 40 | €12,161 | €2,566 | -€9,595 | -78.9% |
| Other amounts receivable | 41 | €1,250 | €1,058 | -€192 | -15.4% |
| Cash at bank and in hand | 54/58 | €28,865 | €9,142 | -€19,723 | -68.3% |
| Deferred charges and accrued income | 490/1 | €6,768 | €4,012 | -€2,756 | -40.7% |
| Total equity and liabilities | 10/49 | €74,974 | €37,782 | -€37,192 | -49.6% |
| Equity | 10/15 | €28,913 | €669 | -€28,244 | -97.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €27,413 | €4,665 | -€22,748 | -83.0% |
| Distributable reserves | 133 | €27,413 | €4,665 | -€22,748 | -83.0% |
| Profit (loss) carried forward | 14 | - | -€5,495 | -€5,495 | |
| Amounts payable | 17/49 | €46,061 | €37,113 | -€8,948 | -19.4% |
| Amounts payable after more than one year | 17 | €24,556 | €18,046 | -€6,510 | -26.5% |
| Financial debts | 170/4 | €10,314 | €4,069 | -€6,245 | -60.5% |
| Other amounts payable | 178/9 | €14,242 | €13,977 | -€265 | -1.9% |
| Amounts payable within one year | 42/48 | €21,347 | €18,101 | -€3,246 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €10,348 | €9,045 | -€1,303 | -12.6% |
| Trade debts | 44 | €5,098 | €4,386 | -€712 | -14.0% |
| Suppliers | 440/4 | €5,098 | €4,386 | -€712 | -14.0% |
| Taxes, remuneration and social security | 45 | €5,901 | €4,670 | -€1,231 | -20.9% |
| Taxes | 450/3 | €5,901 | €3,420 | -€2,481 | -42.0% |
| Remuneration and social security | 454/9 | - | €1,250 | +€1,250 | |
| Accrued charges and deferred income | 492/3 | €158 | €965 | +€808 | +513% |
| Non-recurring operating income | 76A | €1,862 | - | -€1,862 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,324 | €4,925 | -€399 | -7.5% |
| Other operating charges | 640/8 | €936 | €698 | -€238 | -25.4% |
| Gross operating margin | 9900 | €3,289 | -€18,265 | -€21,555 | |
| Operating profit (loss) | 9901 | -€2,972 | -€23,889 | -€20,917 | -704% |
| Financial income | 75/76B | €7 | €71 | +€64 | +915% |
| Recurring financial income | 75 | €7 | €71 | +€64 | +915% |
| Financial charges | 65/66B | €4,236 | €4,232 | -€4 | -0.1% |
| Recurring financial charges | 65 | €4,236 | €4,232 | -€4 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,201 | -€28,049 | -€20,849 | -290% |
| Income taxes | 67/77 | €456 | €194 | -€261 | -57.3% |
| Profit (loss) for the period | 9904 | -€7,656 | -€28,244 | -€20,588 | -269% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,656 | -€28,244 | -€20,588 | -269% |
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 21 October 2026 via checked.be.