VASTGOED CORNET: 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 CORNET
Largest movements
- Cash +€8,623
up €8,623 (+57.1%), from €15,099 to €23,721
mainly Depreciation (+€4,925) and Net result for the year (+€4,500)
- Tangible fixed assets -€4,925
down €4,925 (-2.6%), from €188,634 to €183,709
- Reserves +€4,500
up €4,500 (+25.9%), from €17,342 to €21,842
- Gross operating margin -€5,363
down €5,363 (-32.6%), from €16,462 to €11,099
- Taxes -€1,019
down €1,019 (-47.5%), from €2,144 to €1,125
- Financial income +€318
up €318 (+384%), from €83 to €400
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 | €223,752 | €227,850 | +€4,098 | +1.8% |
| Fixed assets | 21/28 | €188,634 | €183,709 | -€4,925 | -2.6% |
| Tangible fixed assets | 22/27 | €188,634 | €183,709 | -€4,925 | -2.6% |
| Land and buildings | 22 | €188,634 | €183,709 | -€4,925 | -2.6% |
| Current assets | 29/58 | €35,117 | €44,141 | +€9,023 | +25.7% |
| Amounts receivable within one year | 40/41 | €20,019 | €20,419 | +€400 | +2.0% |
| Other amounts receivable | 41 | €20,019 | €20,419 | +€400 | +2.0% |
| Cash at bank and in hand | 54/58 | €15,099 | €23,721 | +€8,623 | +57.1% |
| Total equity and liabilities | 10/49 | €223,752 | €227,850 | +€4,098 | +1.8% |
| Equity | 10/15 | €219,342 | €223,842 | +€4,500 | +2.1% |
| Contributions | 10/11 | €202,000 | €202,000 | = | 0.0% |
| Reserves | 13 | €17,342 | €21,842 | +€4,500 | +25.9% |
| Distributable reserves | 133 | €17,342 | €21,842 | +€4,500 | +25.9% |
| Amounts payable | 17/49 | €4,410 | €4,008 | -€402 | -9.1% |
| Amounts payable within one year | 42/48 | €4,410 | €4,008 | -€402 | -9.1% |
| Trade debts | 44 | €74 | €582 | +€508 | +684% |
| Suppliers | 440/4 | €74 | €582 | +€508 | +684% |
| Taxes, remuneration and social security | 45 | €4,335 | €3,269 | -€1,067 | -24.6% |
| Taxes | 450/3 | €4,335 | €3,269 | -€1,067 | -24.6% |
| Other amounts payable | 47/48 | - | €157 | +€157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,925 | €4,925 | = | 0.0% |
| Other operating charges | 640/8 | €739 | €760 | +€21 | +2.9% |
| Gross operating margin | 9900 | €16,462 | €11,099 | -€5,363 | -32.6% |
| Operating profit (loss) | 9901 | €10,798 | €5,414 | -€5,384 | -49.9% |
| Financial income | 75/76B | €83 | €400 | +€318 | +384% |
| Recurring financial income | 75 | €83 | €400 | +€318 | +384% |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €10,720 | €5,624 | -€5,095 | -47.5% |
| Income taxes | 67/77 | €2,144 | €1,125 | -€1,019 | -47.5% |
| Profit (loss) for the period | 9904 | €8,576 | €4,500 | -€4,076 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,576 | €4,500 | -€4,076 | -47.5% |
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 19 October 2026 via checked.be.