VASTGOED MOERDIJK: 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 MOERDIJK
Largest movements
- Current investments -€939,269
down €939,269 (-72.3%), from €1.3m to €360,731
- Receivables after one year +€300,000
new in 2025: €300,000
- Tangible fixed assets -€284,721
down €284,721 (-2.0%), from €14.3m to €14.0m
of which Land and buildings: -€263,310
- Other debts -€1.6m
down €1.6m (-36.0%), from €4.4m to €2.8m
- Reserves +€654,666
up €654,666 (+6.2%), from €10.6m to €11.3m
- Taxes +€206,870
up €206,870 (+252%), from €82,073 to €288,943
- Depreciation -€197,865
down €197,865 (-41.0%), from €482,586 to €284,721
- Gross operating margin -€194,985
down €194,985 (-13.9%), from €1.4m to €1.2m
- Other operating charges -€62,601
down €62,601 (-98.9%), from €63,306 to €705
- Financial charges -€58,529
down €58,529 (-99.6%), from €58,743 to €213
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 | €15,831,662 | €14,868,723 | -€962,939 | -6.1% |
| Fixed assets | 21/28 | €14,307,612 | €14,022,891 | -€284,721 | -2.0% |
| Tangible fixed assets | 22/27 | €14,307,612 | €14,022,891 | -€284,721 | -2.0% |
| Land and buildings | 22 | €13,961,151 | €13,697,841 | -€263,310 | -1.9% |
| Plant, machinery and equipment | 23 | €346,462 | €325,051 | -€21,411 | -6.2% |
| Current assets | 29/58 | €1,524,050 | €845,832 | -€678,218 | -44.5% |
| Amounts receivable after more than one year | 29 | - | €300,000 | +€300,000 | |
| Other amounts receivable | 291 | - | €300,000 | +€300,000 | |
| Amounts receivable within one year | 40/41 | €69,123 | €122,995 | +€53,873 | +77.9% |
| Trade receivables | 40 | €68,613 | €78,659 | +€10,046 | +14.6% |
| Other amounts receivable | 41 | €510 | €44,336 | +€43,827 | +8,597% |
| Current investments | 50/53 | €1,300,000 | €360,731 | -€939,269 | -72.3% |
| Cash at bank and in hand | 54/58 | €152,074 | €61,318 | -€90,756 | -59.7% |
| Deferred charges and accrued income | 490/1 | €2,853 | €788 | -€2,065 | -72.4% |
| Total equity and liabilities | 10/49 | €15,831,662 | €14,868,723 | -€962,939 | -6.1% |
| Equity | 10/15 | €10,623,033 | €11,277,700 | +€654,666 | +6.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,613,033 | €11,267,700 | +€654,666 | +6.2% |
| Distributable reserves | 133 | €10,613,033 | €11,267,700 | +€654,666 | +6.2% |
| Amounts payable | 17/49 | €5,208,629 | €3,591,024 | -€1.6m | -31.1% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,606,129 | €2,991,024 | -€1.6m | -35.1% |
| Trade debts | 44 | €12,911 | €11,700 | -€1,211 | -9.4% |
| Suppliers | 440/4 | €12,911 | €11,700 | -€1,211 | -9.4% |
| Taxes, remuneration and social security | 45 | €161,559 | €143,038 | -€18,521 | -11.5% |
| Taxes | 450/3 | €161,559 | €143,038 | -€18,521 | -11.5% |
| Other amounts payable | 47/48 | €4,431,659 | €2,836,286 | -€1.6m | -36.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €0 | -€2,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482,586 | €284,721 | -€197,865 | -41.0% |
| Other operating charges | 640/8 | €63,306 | €705 | -€62,601 | -98.9% |
| Gross operating margin | 9900 | €1,399,557 | €1,204,572 | -€194,985 | -13.9% |
| Operating profit (loss) | 9901 | €853,665 | €919,146 | +€65,481 | +7.7% |
| Financial income | 75/76B | €15,955 | €24,677 | +€8,722 | +54.7% |
| Recurring financial income | 75 | €15,955 | €24,677 | +€8,722 | +54.7% |
| Financial charges | 65/66B | €58,743 | €213 | -€58,529 | -99.6% |
| Recurring financial charges | 65 | €58,743 | €213 | -€58,529 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €810,877 | €943,609 | +€132,732 | +16.4% |
| Income taxes | 67/77 | €82,073 | €288,943 | +€206,870 | +252% |
| Profit (loss) for the period | 9904 | €728,804 | €654,666 | -€74,137 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €728,804 | €654,666 | -€74,137 | -10.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.