Vastgoed Consultancy & Management: 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 Consultancy & Management
Largest movements
- Cash -€162,697
down €162,697 (-40.7%), from €400,053 to €237,356
mainly Other debts (-€126,147) and Investment in fixed assets (net) (-€43,642)
- Tangible fixed assets -€22,172
down €22,172 (-2.3%), from €980,538 to €958,366
- Profit (loss) carried forward -€262,312
down €262,312, from €241,330 to -€20,982
- Reserves +€241,330
up €241,330 (+476%), from €50,685 to €292,015
- Other debts -€126,147
down €126,147 (-14.2%), from €890,726 to €764,579
- Trade debts -€34,144
down €34,144 (-76.5%), from €44,635 to €10,491
- Gross operating margin -€325,285
down €325,285 (-85.8%), from €379,198 to €53,913
- Taxes -€61,526
no longer reported in 2025 (was €61,526)
- Depreciation +€8,408
up €8,408 (+14.6%), from €57,406 to €65,814
- Financial charges -€7,373
down €7,373 (-90.8%), from €8,121 to €748
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 | €1,387,109 | €1,205,113 | -€181,996 | -13.1% |
| Fixed assets | 21/28 | €980,538 | €958,366 | -€22,172 | -2.3% |
| Tangible fixed assets | 22/27 | €980,538 | €958,366 | -€22,172 | -2.3% |
| Land and buildings | 22 | €980,538 | €958,366 | -€22,172 | -2.3% |
| Current assets | 29/58 | €406,571 | €246,747 | -€159,824 | -39.3% |
| Amounts receivable within one year | 40/41 | €2,531 | €4,589 | +€2,059 | +81.3% |
| Trade receivables | 40 | - | €4,277 | +€4,277 | |
| Other amounts receivable | 41 | €2,531 | €312 | -€2,218 | -87.7% |
| Cash at bank and in hand | 54/58 | €400,053 | €237,356 | -€162,697 | -40.7% |
| Deferred charges and accrued income | 490/1 | €3,987 | €4,801 | +€814 | +20.4% |
| Total equity and liabilities | 10/49 | €1,387,109 | €1,205,113 | -€181,996 | -13.1% |
| Equity | 10/15 | €389,500 | €368,518 | -€20,982 | -5.4% |
| Contributions | 10/11 | €97,484 | €97,484 | = | 0.0% |
| Reserves | 13 | €50,685 | €292,015 | +€241,330 | +476% |
| Distributable reserves | 133 | €50,685 | €292,015 | +€241,330 | +476% |
| Profit (loss) carried forward | 14 | €241,330 | -€20,982 | -€262,312 | |
| Amounts payable | 17/49 | €997,610 | €836,595 | -€161,014 | -16.1% |
| Amounts payable within one year | 42/48 | €996,886 | €836,595 | -€160,291 | -16.1% |
| Trade debts | 44 | €44,635 | €10,491 | -€34,144 | -76.5% |
| Suppliers | 440/4 | €44,635 | €10,491 | -€34,144 | -76.5% |
| Taxes, remuneration and social security | 45 | €61,526 | €61,526 | = | 0.0% |
| Taxes | 450/3 | €61,526 | €61,526 | = | 0.0% |
| Other amounts payable | 47/48 | €890,726 | €764,579 | -€126,147 | -14.2% |
| Accrued charges and deferred income | 492/3 | €724 | - | -€724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,406 | €65,814 | +€8,408 | +14.6% |
| Other operating charges | 640/8 | €10,929 | €9,374 | -€1,555 | -14.2% |
| Gross operating margin | 9900 | €379,198 | €53,913 | -€325,285 | -85.8% |
| Operating profit (loss) | 9901 | €310,863 | -€21,275 | -€332,138 | |
| Financial income | 75/76B | €114 | €1,041 | +€928 | +814% |
| Recurring financial income | 75 | €114 | €1,041 | +€928 | +814% |
| Financial charges | 65/66B | €8,121 | €748 | -€7,373 | -90.8% |
| Recurring financial charges | 65 | €8,121 | €748 | -€7,373 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | €302,856 | -€20,982 | -€323,838 | |
| Income taxes | 67/77 | €61,526 | - | -€61,526 | |
| Profit (loss) for the period | 9904 | €241,330 | -€20,982 | -€262,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €241,330 | -€20,982 | -€262,312 |
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 1 November 2026 via checked.be.