Vastgoed Naessens: what changed
What changed
Vastgoed Naessens
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€7,608
2024 · €203,017-€195,409
Equity
€877,437
2024 · €944,829-€67,392
Cash
€24,539
2024 · €143,321-€118,782
Balance sheet total
€1.8m
2024 · €1.7m+€174,524
Largest movements
Assets
- Receivables within one year +€208,439
up €208,439 (+324%), from €64,339 to €272,778
of which Other amounts receivable: +€179,015
- Stocks and contracts +€186,222
up €186,222 (+76.5%), from €243,301 to €429,523
- Cash -€118,782
down €118,782 (-82.9%), from €143,321 to €24,539
mainly Receivables within one year (-€208,439) and Stocks and contracts (-€186,222)
- Tangible fixed assets -€100,047
down €100,047 (-10.2%), from €977,684 to €877,637
Equity and liabilities
- Trade debts +€167,041
up €167,041 (+314%), from €53,201 to €220,242
- Short-term financial debts +€107,580
up €107,580 (+62.8%), from €171,402 to €278,981
- Reserves -€67,383
down €67,383 (-7.5%), from €901,746 to €834,363
of which Distributable reserves: -€67,383
- Debts after one year -€52,568
down €52,568 (-21.6%), from €243,761 to €191,192
- Other debts +€38,152
up €38,152 (+13,902%), from €274 to €38,427
Income statement
- Gross operating margin -€98,618
down €98,618 (-9.7%), from €1.0m to €913,835
- Staff costs +€88,047
up €88,047 (+17.4%), from €507,398 to €595,445
- Taxes -€75,880
down €75,880 (-71.4%), from €106,312 to €30,432
- Other operating charges +€64,467
up €64,467 (+87.0%), from €74,079 to €138,545
- Depreciation +€12,205
up €12,205 (+11.9%), from €102,531 to €114,736
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.
Result 2024
€203,017
Gross operating margin
-€98,618
Staff costs
-€88,047
Depreciation
-€12,205
Other operating charges
-€64,467
Financial income
+€63
Financial charges
-€8,015
Taxes
+€75,880
Result 2025
€7,608
raises the resultlowers the result
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.
From operations
-€91,885
Investment
-€14,334
Financing
-€12,563
Cash 2024
€143,321
From operations (derived)
-€91,885
Net result for the year
+€7,608
Depreciation
+€114,736
Stocks and contracts
-€186,222
Receivables within one year
-€208,439
Deferred charges and accrued income
+€953
Trade debts
+€167,041
Tax, wage and social debts
-€13,892
Other debts
+€38,152
Accrued charges and deferred income
-€11,822
Investment (derived)
-€14,334
Investment in fixed assets (net)
-€14,334
Financing
-€12,563
Debts after one year
-€52,568
Current portion of long-term debt
+€7,425
Short-term financial debts
+€107,580
Contributions, distributions and other
-€75,000
Cash 2025
€24,539
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,651,904 | €1,826,428 | +€174,524 | +10.6% |
| Fixed assets | 21/28 | €1,186,789 | €1,086,387 | -€100,402 | -8.5% |
| Intangible fixed assets | 21 | €356 | €0 | -€356 | -100% |
| Tangible fixed assets | 22/27 | €977,684 | €877,637 | -€100,047 | -10.2% |
| Land and buildings | 22 | €758,420 | €717,554 | -€40,866 | -5.4% |
| Plant, machinery and equipment | 23 | €39,575 | €6,406 | -€33,169 | -83.8% |
| Furniture and vehicles | 24 | €179,689 | €153,677 | -€26,012 | -14.5% |
| Financial fixed assets | 28 | €208,750 | €208,750 | = | 0.0% |
| Current assets | 29/58 | €465,115 | €740,041 | +€274,926 | +59.1% |
| Amounts receivable after more than one year | 29 | €7,391 | €7,391 | = | 0.0% |
| Other amounts receivable | 291 | €7,391 | €7,391 | = | 0.0% |
| Stocks and contracts in progress | 3 | €243,301 | €429,523 | +€186,222 | +76.5% |
| Stocks | 30/36 | €243,301 | €429,523 | +€186,222 | +76.5% |
| Amounts receivable within one year | 40/41 | €64,339 | €272,778 | +€208,439 | +324% |
| Trade receivables | 40 | €14,189 | €43,614 | +€29,425 | +207% |
| Other amounts receivable | 41 | €50,149 | €229,164 | +€179,015 | +357% |
| Cash at bank and in hand | 54/58 | €143,321 | €24,539 | -€118,782 | -82.9% |
| Deferred charges and accrued income | 490/1 | €6,763 | €5,809 | -€953 | -14.1% |
| Total equity and liabilities | 10/49 | €1,651,904 | €1,826,428 | +€174,524 | +10.6% |
| Equity | 10/15 | €944,829 | €877,437 | -€67,392 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €24,466 | €24,466 | = | 0.0% |
| Reserves | 13 | €901,746 | €834,363 | -€67,383 | -7.5% |
| Tax-exempt reserves | 132 | €27,210 | €27,210 | = | 0.0% |
| Distributable reserves | 133 | €874,536 | €807,153 | -€67,383 | -7.7% |
| Profit (loss) carried forward | 14 | €17 | €8 | -€9 | -54.5% |
| Amounts payable | 17/49 | €707,075 | €948,991 | +€241,916 | +34.2% |
| Amounts payable after more than one year | 17 | €243,761 | €191,192 | -€52,568 | -21.6% |
| Financial debts | 170/4 | €243,761 | €191,192 | -€52,568 | -21.6% |
| Amounts payable within one year | 42/48 | €441,631 | €747,937 | +€306,306 | +69.4% |
| Current portion of amounts payable after more than one year | 42 | €104,445 | €111,870 | +€7,425 | +7.1% |
| Financial debts | 43 | €171,402 | €278,981 | +€107,580 | +62.8% |
| Credit institutions | 430/8 | €171,402 | €278,981 | +€107,580 | +62.8% |
| Trade debts | 44 | €53,201 | €220,242 | +€167,041 | +314% |
| Suppliers | 440/4 | €53,201 | €220,242 | +€167,041 | +314% |
| Taxes, remuneration and social security | 45 | €112,309 | €98,417 | -€13,892 | -12.4% |
| Taxes | 450/3 | €41,676 | €15,379 | -€26,297 | -63.1% |
| Remuneration and social security | 454/9 | €70,632 | €83,037 | +€12,405 | +17.6% |
| Other amounts payable | 47/48 | €274 | €38,427 | +€38,152 | +13,902% |
| Accrued charges and deferred income | 492/3 | €21,684 | €9,862 | -€11,822 | -54.5% |
| Remuneration, social security and pensions | 62 | €507,398 | €595,445 | +€88,047 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,531 | €114,736 | +€12,205 | +11.9% |
| Other operating charges | 640/8 | €74,079 | €138,545 | +€64,467 | +87.0% |
| Gross operating margin | 9900 | €1,012,454 | €913,835 | -€98,618 | -9.7% |
| Operating profit (loss) | 9901 | €328,445 | €65,109 | -€263,337 | -80.2% |
| Financial income | 75/76B | €726 | €789 | +€63 | +8.6% |
| Recurring financial income | 75 | €726 | €789 | +€63 | +8.6% |
| Financial charges | 65/66B | €19,843 | €27,858 | +€8,015 | +40.4% |
| Recurring financial charges | 65 | €19,843 | €27,858 | +€8,015 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €309,329 | €38,040 | -€271,289 | -87.7% |
| Income taxes | 67/77 | €106,312 | €30,432 | -€75,880 | -71.4% |
| Profit (loss) for the period | 9904 | €203,017 | €7,608 | -€195,409 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €203,017 | €7,608 | -€195,409 | -96.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.