Vastgoed Marc Van Acker: 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 Marc Van Acker
Largest movements
- Tangible fixed assets -€29,495
down €29,495 (-12.7%), from €233,097 to €203,602
of which Furniture and vehicles: -€23,861
- Cash +€21,142
up €21,142 (+102%), from €20,770 to €41,912
mainly Depreciation (+€34,577) and Net result for the year (+€11,641)
- Receivables within one year -€6,554
down €6,554 (-87.0%), from €7,534 to €980
of which Trade receivables: -€3,346
- Debts after one year -€22,197
down €22,197 (-21.0%), from €105,507 to €83,310
- Reserves +€11,641
up €11,641 (+13.7%), from €85,011 to €96,651
- Current portion of long-term debt -€4,950
down €4,950 (-18.3%), from €27,067 to €22,118
- Gross operating margin +€22,537
up €22,537 (+21.7%), from €104,043 to €126,580
- Staff costs +€5,464
up €5,464 (+8.6%), from €63,757 to €69,221
- Taxes +€5,157
up €5,157 (+281%), from €1,835 to €6,992
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 | €263,629 | €247,807 | -€15,822 | -6.0% |
| Fixed assets | 21/28 | €233,097 | €203,602 | -€29,495 | -12.7% |
| Tangible fixed assets | 22/27 | €233,097 | €203,602 | -€29,495 | -12.7% |
| Land and buildings | 22 | €164,976 | €156,789 | -€8,188 | -5.0% |
| Plant, machinery and equipment | 23 | €3,399 | €5,954 | +€2,554 | +75.1% |
| Furniture and vehicles | 24 | €64,721 | €40,860 | -€23,861 | -36.9% |
| Current assets | 29/58 | €30,531 | €44,205 | +€13,673 | +44.8% |
| Amounts receivable within one year | 40/41 | €7,534 | €980 | -€6,554 | -87.0% |
| Trade receivables | 40 | €4,326 | €980 | -€3,346 | -77.3% |
| Other amounts receivable | 41 | €3,208 | - | -€3,208 | |
| Cash at bank and in hand | 54/58 | €20,770 | €41,912 | +€21,142 | +102% |
| Deferred charges and accrued income | 490/1 | €2,227 | €1,313 | -€915 | -41.1% |
| Total equity and liabilities | 10/49 | €263,629 | €247,807 | -€15,822 | -6.0% |
| Equity | 10/15 | €103,611 | €115,251 | +€11,641 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,011 | €96,651 | +€11,641 | +13.7% |
| Distributable reserves | 133 | €85,011 | €96,651 | +€11,641 | +13.7% |
| Amounts payable | 17/49 | €160,018 | €132,555 | -€27,463 | -17.2% |
| Amounts payable after more than one year | 17 | €105,507 | €83,310 | -€22,197 | -21.0% |
| Financial debts | 170/4 | €105,507 | €83,310 | -€22,197 | -21.0% |
| Amounts payable within one year | 42/48 | €54,511 | €49,246 | -€5,265 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €27,067 | €22,118 | -€4,950 | -18.3% |
| Trade debts | 44 | €11,394 | €9,492 | -€1,901 | -16.7% |
| Suppliers | 440/4 | €11,394 | €9,492 | -€1,901 | -16.7% |
| Taxes, remuneration and social security | 45 | €7,763 | €10,225 | +€2,462 | +31.7% |
| Taxes | 450/3 | - | €1,484 | +€1,484 | |
| Remuneration and social security | 454/9 | €7,763 | €8,741 | +€978 | +12.6% |
| Other amounts payable | 47/48 | €8,287 | €7,411 | -€876 | -10.6% |
| Remuneration, social security and pensions | 62 | €63,757 | €69,221 | +€5,464 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,691 | €34,577 | +€887 | +2.6% |
| Other operating charges | 640/8 | €1,239 | €1,277 | +€38 | +3.1% |
| Gross operating margin | 9900 | €104,043 | €126,580 | +€22,537 | +21.7% |
| Operating profit (loss) | 9901 | €5,357 | €21,505 | +€16,148 | +301% |
| Financial income | 75/76B | €77 | €50 | -€27 | -34.6% |
| Recurring financial income | 75 | €77 | €50 | -€27 | -34.6% |
| Financial charges | 65/66B | €3,453 | €2,922 | -€532 | -15.4% |
| Recurring financial charges | 65 | €3,453 | €2,922 | -€532 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,980 | €18,633 | +€16,653 | +841% |
| Income taxes | 67/77 | €1,835 | €6,992 | +€5,157 | +281% |
| Profit (loss) for the period | 9904 | €145 | €11,641 | +€11,496 | +7,916% |
| Profit (loss) for the period to be appropriated | 9905 | €145 | €11,641 | +€11,496 | +7,916% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.