Vastgoed patrick rowies: 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 patrick rowies
Largest movements
- Cash +€82,319
up €82,319 (+127%), from €64,697 to €147,016
mainly Receivables within one year (+€34,156) and Net result for the year (+€28,573)
- Receivables within one year -€34,156
down €34,156 (-46.6%), from €73,310 to €39,154
of which Trade receivables: -€34,249
- Tangible fixed assets -€13,884
down €13,884 (-30.3%), from €45,826 to €31,942
of which Land and buildings: -€8,189
- Reserves +€17,341
up €17,341 (+27.5%), from €62,968 to €80,309
of which Distributable reserves: +€17,341
- Debts after one year -€14,278
down €14,278 (-67.0%), from €21,304 to €7,026
- Accrued charges and deferred income +€13,581
new in 2025: €13,581
- Tax, wage and social debts +€11,325
up €11,325 (+72.4%), from €15,643 to €26,968
of which Taxes: +€11,796
- Other debts +€9,500
up €9,500 (+20.5%), from €46,250 to €55,750
- Gross operating margin +€39,691
up €39,691 (+249%), from €15,947 to €55,637
- Taxes +€4,173
up €4,173 (+2,391%), from €175 to €4,347
- Financial charges -€1,218
down €1,218 (-34.8%), from €3,497 to €2,278
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 | €185,543 | €219,892 | +€34,349 | +18.5% |
| Fixed assets | 21/28 | €45,826 | €31,942 | -€13,884 | -30.3% |
| Tangible fixed assets | 22/27 | €45,826 | €31,942 | -€13,884 | -30.3% |
| Land and buildings | 22 | €38,486 | €30,297 | -€8,189 | -21.3% |
| Plant, machinery and equipment | 23 | - | €671 | +€671 | |
| Furniture and vehicles | 24 | €7,340 | €974 | -€6,366 | -86.7% |
| Current assets | 29/58 | €139,717 | €187,950 | +€48,233 | +34.5% |
| Amounts receivable within one year | 40/41 | €73,310 | €39,154 | -€34,156 | -46.6% |
| Trade receivables | 40 | €73,034 | €38,785 | -€34,249 | -46.9% |
| Other amounts receivable | 41 | €277 | €369 | +€92 | +33.4% |
| Cash at bank and in hand | 54/58 | €64,697 | €147,016 | +€82,319 | +127% |
| Deferred charges and accrued income | 490/1 | €1,710 | €1,780 | +€71 | +4.1% |
| Total equity and liabilities | 10/49 | €185,543 | €219,892 | +€34,349 | +18.5% |
| Equity | 10/15 | €81,735 | €100,309 | +€18,573 | +22.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €62,968 | €80,309 | +€17,341 | +27.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €62,968 | €80,309 | +€17,341 | +27.5% |
| Profit (loss) carried forward | 14 | -€1,233 | €0 | +€1,233 | |
| Amounts payable | 17/49 | €103,808 | €119,584 | +€15,776 | +15.2% |
| Amounts payable after more than one year | 17 | €21,304 | €7,026 | -€14,278 | -67.0% |
| Financial debts | 170/4 | €21,304 | €7,026 | -€14,278 | -67.0% |
| Amounts payable within one year | 42/48 | €82,504 | €98,977 | +€16,473 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €14,185 | €14,278 | +€93 | +0.7% |
| Trade debts | 44 | €6,427 | €1,981 | -€4,445 | -69.2% |
| Suppliers | 440/4 | €6,427 | €1,981 | -€4,445 | -69.2% |
| Taxes, remuneration and social security | 45 | €15,643 | €26,968 | +€11,325 | +72.4% |
| Taxes | 450/3 | €11,946 | €23,742 | +€11,796 | +98.7% |
| Remuneration and social security | 454/9 | €3,696 | €3,226 | -€471 | -12.7% |
| Other amounts payable | 47/48 | €46,250 | €55,750 | +€9,500 | +20.5% |
| Accrued charges and deferred income | 492/3 | - | €13,581 | +€13,581 | |
| Remuneration, social security and pensions | 62 | €1,667 | €1,902 | +€235 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,850 | €14,818 | -€32 | -0.2% |
| Other operating charges | 640/8 | €3,764 | €3,718 | -€46 | -1.2% |
| Gross operating margin | 9900 | €15,947 | €55,637 | +€39,691 | +249% |
| Operating profit (loss) | 9901 | -€4,334 | €35,199 | +€39,534 | |
| Financial charges | 65/66B | €3,497 | €2,278 | -€1,218 | -34.8% |
| Recurring financial charges | 65 | €3,497 | €2,278 | -€1,218 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,831 | €32,921 | +€40,752 | |
| Income taxes | 67/77 | €175 | €4,347 | +€4,173 | +2,391% |
| Profit (loss) for the period | 9904 | -€8,005 | €28,573 | +€36,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,005 | €28,573 | +€36,579 |
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 26 October 2026 via checked.be.