Vastgoed Momentum: what changed
Vastgoed Momentum
Largest movements
- Tangible fixed assets -€11,057
down €11,057 (-3.5%), from €317,782 to €306,725
of which Land and buildings: -€7,273
- Cash -€4,286
down €4,286 (-8.7%), from €49,388 to €45,102
mainly Contributions, distributions and other (-€40,000) and Debts after one year (-€9,632)
- Debts after one year -€9,632
down €9,632 (-3.4%), from €283,955 to €274,323
- Tax, wage and social debts -€6,144
down €6,144 (-27.6%), from €22,271 to €16,127
of which Remuneration and social security: -€17,520
- Gross operating margin +€37,214
up €37,214 (+96.1%), from €38,707 to €75,921
- Taxes +€10,507
up €10,507 (+2,380%), from €442 to €10,948
- Depreciation +€6,293
up €6,293 (+56.6%), from €11,127 to €17,419
- Financial charges +€1,938
up €1,938 (+23.0%), from €8,429 to €10,367
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,357 | €353,428 | -€15,929 | -4.3% |
| Fixed assets | 21/28 | €318,729 | €307,571 | -€11,157 | -3.5% |
| Intangible fixed assets | 21 | €947 | €847 | -€100 | -10.6% |
| Tangible fixed assets | 22/27 | €317,782 | €306,725 | -€11,057 | -3.5% |
| Land and buildings | 22 | €294,338 | €287,065 | -€7,273 | -2.5% |
| Plant, machinery and equipment | 23 | €3,716 | €4,667 | +€951 | +25.6% |
| Furniture and vehicles | 24 | €19,728 | €14,992 | -€4,735 | -24.0% |
| Current assets | 29/58 | €50,628 | €45,857 | -€4,771 | -9.4% |
| Amounts receivable within one year | 40/41 | €1,240 | €755 | -€485 | -39.1% |
| Trade receivables | 40 | €1,240 | €755 | -€485 | -39.1% |
| Cash at bank and in hand | 54/58 | €49,388 | €45,102 | -€4,286 | -8.7% |
| Total equity and liabilities | 10/49 | €369,357 | €353,428 | -€15,929 | -4.3% |
| Equity | 10/15 | €20,449 | €17,189 | -€3,261 | -15.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,449 | €15,189 | -€3,261 | -17.7% |
| Distributable reserves | 133 | €18,449 | €15,189 | -€3,261 | -17.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €348,908 | €336,240 | -€12,668 | -3.6% |
| Amounts payable after more than one year | 17 | €283,955 | €274,323 | -€9,632 | -3.4% |
| Financial debts | 170/4 | €283,955 | €274,323 | -€9,632 | -3.4% |
| Amounts payable within one year | 42/48 | €64,953 | €61,916 | -€3,036 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,292 | €9,632 | +€340 | +3.7% |
| Trade debts | 44 | €20,309 | €19,406 | -€903 | -4.4% |
| Suppliers | 440/4 | €20,309 | €19,406 | -€903 | -4.4% |
| Taxes, remuneration and social security | 45 | €22,271 | €16,127 | -€6,144 | -27.6% |
| Taxes | 450/3 | €4,751 | €16,127 | +€11,376 | +239% |
| Remuneration and social security | 454/9 | €17,520 | €0 | -€17,520 | -100% |
| Other amounts payable | 47/48 | €13,081 | €16,752 | +€3,670 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,127 | €17,419 | +€6,293 | +56.6% |
| Other operating charges | 640/8 | €371 | €447 | +€76 | +20.4% |
| Gross operating margin | 9900 | €38,707 | €75,921 | +€37,214 | +96.1% |
| Operating profit (loss) | 9901 | €27,209 | €58,055 | +€30,845 | +113% |
| Financial income | 75/76B | €110 | €0 | -€110 | -99.9% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -99.9% |
| Financial charges | 65/66B | €8,429 | €10,367 | +€1,938 | +23.0% |
| Recurring financial charges | 65 | €8,429 | €10,367 | +€1,938 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €18,891 | €47,688 | +€28,797 | +152% |
| Income taxes | 67/77 | €442 | €10,948 | +€10,507 | +2,380% |
| Profit (loss) for the period | 9904 | €18,449 | €36,739 | +€18,290 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,449 | €36,739 | +€18,290 | +99.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.