VASTGOED VANHOUTTE: 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.
What changed
VASTGOED VANHOUTTE
NACE 93.110, Operation of sports facilities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€122,198
2024 · -€69,973-€52,224
Equity
-€69,795
2024 · €52,402-€122,198
Cash
€18,830
2024 · €22,787-€3,957
Balance sheet total
€1.3m
2024 · €1.4m-€114,452
Largest movements
Assets
- Tangible fixed assets -€97,490
down €97,490 (-7.2%), from €1.3m to €1.2m
of which Land and buildings: -€89,684
Equity and liabilities
- Profit (loss) carried forward -€122,198
down €122,198 (-175%), from -€69,973 to -€192,171
- Other debts +€22,295
up €22,295 (+1.7%), from €1.3m to €1.4m
Income statement
- Depreciation +€96,532
up €96,532 (+168%), from €57,325 to €153,857
- Gross operating margin +€42,973
up €42,973, from -€1,152 to €41,822
- Financial income +€1,493
up €1,493 (+20,533%), from €7 to €1,500
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.
Result 2024
-€69,973
Gross operating margin
+€42,973
Depreciation
-€96,532
Other operating charges
-€146
Financial income
+€1,493
Financial charges
-€12
Result 2025
-€122,198
raises the resultlowers the result
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.
From operations
+€52,411
Investment
-€56,368
Financing
€0
Cash 2024
€22,787
From operations (derived)
+€52,411
Net result for the year
-€122,198
Depreciation
+€153,857
Receivables within one year
+€13,033
Smaller working-capital items
+€2
Trade debts
-€8,375
Tax, wage and social debts
-€6,205
Other debts
+€22,295
Investment (derived)
-€56,368
Investment in fixed assets (net)
-€56,368
Cash 2025
€18,830
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,423,290 | €1,308,838 | -€114,452 | -8.0% |
| Fixed assets | 21/28 | €1,349,077 | €1,251,588 | -€97,490 | -7.2% |
| Tangible fixed assets | 22/27 | €1,347,290 | €1,249,801 | -€97,490 | -7.2% |
| Land and buildings | 22 | €1,334,455 | €1,244,771 | -€89,684 | -6.7% |
| Plant, machinery and equipment | 23 | €11,516 | €5,029 | -€6,487 | -56.3% |
| Furniture and vehicles | 24 | €1,319 | €0 | -€1,319 | -100% |
| Financial fixed assets | 28 | €1,787 | €1,787 | = | 0.0% |
| Current assets | 29/58 | €74,213 | €57,251 | -€16,962 | -22.9% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,376 | €21,342 | -€13,033 | -37.9% |
| Trade receivables | 40 | €22,839 | €20,294 | -€2,545 | -11.1% |
| Other amounts receivable | 41 | €11,537 | €1,048 | -€10,489 | -90.9% |
| Cash at bank and in hand | 54/58 | €22,787 | €18,830 | -€3,957 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,078 | +€29 | +1.4% |
| Total equity and liabilities | 10/49 | €1,423,290 | €1,308,838 | -€114,452 | -8.0% |
| Equity | 10/15 | €52,402 | -€69,795 | -€122,198 | |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €47,375 | €47,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €39,875 | €39,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,973 | -€192,171 | -€122,198 | -175% |
| Amounts payable | 17/49 | €1,370,888 | €1,378,634 | +€7,746 | +0.6% |
| Amounts payable within one year | 42/48 | €1,368,770 | €1,376,485 | +€7,715 | +0.6% |
| Trade debts | 44 | €13,947 | €5,572 | -€8,375 | -60.1% |
| Suppliers | 440/4 | €13,947 | €5,572 | -€8,375 | -60.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,991 | €4,786 | -€6,205 | -56.5% |
| Taxes | 450/3 | €10,991 | €4,786 | -€6,205 | -56.5% |
| Other amounts payable | 47/48 | €1,343,833 | €1,366,127 | +€22,295 | +1.7% |
| Accrued charges and deferred income | 492/3 | €2,118 | €2,148 | +€31 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,325 | €153,857 | +€96,532 | +168% |
| Other operating charges | 640/8 | €11,433 | €11,579 | +€146 | +1.3% |
| Gross operating margin | 9900 | -€1,152 | €41,822 | +€42,973 | |
| Operating profit (loss) | 9901 | -€69,910 | -€123,615 | -€53,705 | -76.8% |
| Financial income | 75/76B | €7 | €1,500 | +€1,493 | +20,533% |
| Recurring financial income | 75 | €7 | €1,500 | +€1,493 | +20,533% |
| Financial charges | 65/66B | €71 | €83 | +€12 | +16.7% |
| Recurring financial charges | 65 | €71 | €83 | +€12 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,973 | -€122,198 | -€52,224 | -74.6% |
| Profit (loss) for the period | 9904 | -€69,973 | -€122,198 | -€52,224 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,973 | -€122,198 | -€52,224 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.