VASTGOED VANCAYZEELE: what changed
VASTGOED VANCAYZEELE
Largest movements
- Cash -€32,720
down €32,720 (-25.2%), from €130,009 to €97,289
mainly Contributions, distributions and other (-€281,825) and Tax, wage and social debts (-€18,394)
- Tangible fixed assets -€12,575
down €12,575 (-9.7%), from €129,702 to €117,126
of which Land and buildings: -€10,044
- Reserves -€155,650
down €155,650 (-62.8%), from €248,005 to €92,355
- Other debts +€128,877
up €128,877 (+3,224%), from €3,997 to €132,875
- Tax, wage and social debts -€18,394
down €18,394 (-62.9%), from €29,220 to €10,826
of which Taxes: -€18,739
- Gross operating margin +€54,046
up €54,046 (+33.2%), from €162,761 to €216,807
- Taxes +€13,637
up €13,637 (+44.2%), from €30,840 to €44,477
- Depreciation +€5,240
up €5,240 (+71.4%), from €7,336 to €12,575
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 | €315,002 | €268,398 | -€46,603 | -14.8% |
| Fixed assets | 21/28 | €129,702 | €117,126 | -€12,575 | -9.7% |
| Tangible fixed assets | 22/27 | €129,702 | €117,126 | -€12,575 | -9.7% |
| Land and buildings | 22 | €122,196 | €112,152 | -€10,044 | -8.2% |
| Furniture and vehicles | 24 | €7,506 | €4,974 | -€2,531 | -33.7% |
| Current assets | 29/58 | €185,300 | €151,272 | -€34,028 | -18.4% |
| Amounts receivable within one year | 40/41 | €54,624 | €53,387 | -€1,236 | -2.3% |
| Trade receivables | 40 | €30,378 | €35,864 | +€5,487 | +18.1% |
| Other amounts receivable | 41 | €24,246 | €17,523 | -€6,723 | -27.7% |
| Cash at bank and in hand | 54/58 | €130,009 | €97,289 | -€32,720 | -25.2% |
| Deferred charges and accrued income | 490/1 | €667 | €596 | -€71 | -10.7% |
| Total equity and liabilities | 10/49 | €315,002 | €268,398 | -€46,603 | -14.8% |
| Equity | 10/15 | €266,605 | €110,955 | -€155,650 | -58.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,005 | €92,355 | -€155,650 | -62.8% |
| Distributable reserves | 133 | €248,005 | €92,355 | -€155,650 | -62.8% |
| Amounts payable | 17/49 | €48,397 | €157,444 | +€109,047 | +225% |
| Amounts payable within one year | 42/48 | €48,397 | €157,444 | +€109,047 | +225% |
| Trade debts | 44 | €14,757 | €13,744 | -€1,014 | -6.9% |
| Suppliers | 440/4 | €14,757 | €13,744 | -€1,014 | -6.9% |
| Advances received on contracts in progress | 46 | €424 | - | -€424 | |
| Taxes, remuneration and social security | 45 | €29,220 | €10,826 | -€18,394 | -62.9% |
| Taxes | 450/3 | €21,734 | €2,995 | -€18,739 | -86.2% |
| Remuneration and social security | 454/9 | €7,485 | €7,831 | +€346 | +4.6% |
| Other amounts payable | 47/48 | €3,997 | €132,875 | +€128,877 | +3,224% |
| Remuneration, social security and pensions | 62 | €32,349 | €33,831 | +€1,482 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,336 | €12,575 | +€5,240 | +71.4% |
| Other operating charges | 640/8 | €615 | €513 | -€101 | -16.5% |
| Non-recurring operating charges | 66A | €464 | - | -€464 | |
| Gross operating margin | 9900 | €162,761 | €216,807 | +€54,046 | +33.2% |
| Operating profit (loss) | 9901 | €121,998 | €169,887 | +€47,889 | +39.3% |
| Financial income | 75/76B | €1,232 | €923 | -€309 | -25.1% |
| Recurring financial income | 75 | €1,232 | €923 | -€309 | -25.1% |
| Financial charges | 65/66B | €35 | €157 | +€122 | +348% |
| Recurring financial charges | 65 | €35 | €157 | +€122 | +348% |
| Profit (loss) for the period before taxes | 9903 | €123,195 | €170,653 | +€47,458 | +38.5% |
| Income taxes | 67/77 | €30,840 | €44,477 | +€13,637 | +44.2% |
| Profit (loss) for the period | 9904 | €92,355 | €126,175 | +€33,821 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,355 | €126,175 | +€33,821 | +36.6% |
Next steps
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 7 November 2026 via checked.be.