Vastgoed Hylebos: 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 Hylebos
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Cash -€51,728
down €51,728 (-16.1%), from €320,778 to €269,050
mainly Contributions, distributions and other (-€179,500) and Current investments (-€125,000)
- Receivables within one year -€29,831
down €29,831 (-79.8%), from €37,377 to €7,547
of which Trade receivables: -€33,359
- Tangible fixed assets -€11,573
down €11,573 (-45.5%), from €25,427 to €13,854
of which Furniture and vehicles: -€9,299
- Other debts +€138,951
up €138,951 (+474%), from €29,332 to €168,283
- Reserves -€98,500
down €98,500 (-33.0%), from €298,800 to €200,300
- Advances received -€4,448
no longer reported in 2025 (was €4,448)
- Gross operating margin -€166,042
down €166,042 (-56.5%), from €293,716 to €127,675
- Taxes -€39,532
down €39,532 (-54.3%), from €72,808 to €33,276
- Other operating charges -€10,492
down €10,492 (-91.8%), from €11,426 to €934
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 | €385,996 | €419,678 | +€33,682 | +8.7% |
| Fixed assets | 21/28 | €26,327 | €14,754 | -€11,573 | -44.0% |
| Tangible fixed assets | 22/27 | €25,427 | €13,854 | -€11,573 | -45.5% |
| Land and buildings | 22 | €5,215 | €4,154 | -€1,060 | -20.3% |
| Plant, machinery and equipment | 23 | €1,214 | - | -€1,214 | |
| Furniture and vehicles | 24 | €18,998 | €9,700 | -€9,299 | -48.9% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €359,669 | €404,924 | +€45,255 | +12.6% |
| Amounts receivable within one year | 40/41 | €37,377 | €7,547 | -€29,831 | -79.8% |
| Trade receivables | 40 | €37,377 | €4,018 | -€33,359 | -89.2% |
| Other amounts receivable | 41 | - | €3,528 | +€3,528 | |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €320,778 | €269,050 | -€51,728 | -16.1% |
| Deferred charges and accrued income | 490/1 | €1,513 | €3,327 | +€1,814 | +120% |
| Total equity and liabilities | 10/49 | €385,996 | €419,678 | +€33,682 | +8.7% |
| Equity | 10/15 | €300,552 | €202,597 | -€97,955 | -32.6% |
| Reserves | 13 | €298,800 | €200,300 | -€98,500 | -33.0% |
| Distributable reserves | 133 | €298,800 | €200,300 | -€98,500 | -33.0% |
| Profit (loss) carried forward | 14 | €1,752 | €2,297 | +€545 | +31.1% |
| Amounts payable | 17/49 | €85,444 | €217,081 | +€131,637 | +154% |
| Amounts payable after more than one year | 17 | €3,599 | €279 | -€3,320 | -92.2% |
| Financial debts | 170/4 | €3,599 | €279 | -€3,320 | -92.2% |
| Amounts payable within one year | 42/48 | €81,845 | €216,802 | +€134,957 | +165% |
| Current portion of amounts payable after more than one year | 42 | €3,265 | €3,320 | +€55 | +1.7% |
| Trade debts | 44 | €4,153 | €4,666 | +€514 | +12.4% |
| Suppliers | 440/4 | €4,153 | €4,666 | +€514 | +12.4% |
| Advances received on contracts in progress | 46 | €4,448 | - | -€4,448 | |
| Taxes, remuneration and social security | 45 | €40,647 | €40,533 | -€114 | -0.3% |
| Taxes | 450/3 | €40,644 | €40,533 | -€111 | -0.3% |
| Remuneration and social security | 454/9 | €2 | - | -€2 | |
| Other amounts payable | 47/48 | €29,332 | €168,283 | +€138,951 | +474% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,477 | €11,573 | -€904 | -7.2% |
| Other operating charges | 640/8 | €11,426 | €934 | -€10,492 | -91.8% |
| Gross operating margin | 9900 | €293,716 | €127,675 | -€166,042 | -56.5% |
| Operating profit (loss) | 9901 | €269,813 | €115,168 | -€154,646 | -57.3% |
| Financial income | 75/76B | €117 | €41 | -€76 | -64.6% |
| Recurring financial income | 75 | €117 | €41 | -€76 | -64.6% |
| Financial charges | 65/66B | €764 | €389 | -€376 | -49.1% |
| Recurring financial charges | 65 | €764 | €389 | -€376 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €269,166 | €114,820 | -€154,346 | -57.3% |
| Income taxes | 67/77 | €72,808 | €33,276 | -€39,532 | -54.3% |
| Profit (loss) for the period | 9904 | €196,358 | €81,545 | -€114,814 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €196,358 | €81,545 | -€114,814 | -58.5% |
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 27 October 2026 via checked.be.