Vastgoed Verdes: 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 Verdes
Largest movements
- Receivables within one year +€21,397
up €21,397 (+27.3%), from €78,368 to €99,765
of which Other amounts receivable: +€34,795
- Cash +€9,882
up €9,882 (+114%), from €8,642 to €18,525
mainly Net result for the year (+€30,941) and Depreciation (+€7,610)
- Tangible fixed assets -€6,415
down €6,415 (-4.8%), from €133,713 to €127,298
of which Land and buildings: -€5,983
- Reserves +€30,941
up €30,941 (+43.5%), from €71,173 to €102,114
- Debts after one year -€6,930
down €6,930 (-6.0%), from €115,099 to €108,169
- Gross operating margin +€15,425
up €15,425 (+35.5%), from €43,493 to €58,918
- Taxes +€6,306
up €6,306 (+64.4%), from €9,794 to €16,100
- Financial income +€1,453
up €1,453 (+54.4%), from €2,673 to €4,126
- Other operating charges +€1,188
up €1,188 (+73.1%), from €1,624 to €2,812
- Financial charges -€994
down €994 (-16.0%), from €6,205 to €5,211
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 | €223,968 | €249,001 | +€25,033 | +11.2% |
| Fixed assets | 21/28 | €133,713 | €127,298 | -€6,415 | -4.8% |
| Tangible fixed assets | 22/27 | €133,713 | €127,298 | -€6,415 | -4.8% |
| Land and buildings | 22 | €125,137 | €119,154 | -€5,983 | -4.8% |
| Plant, machinery and equipment | 23 | €8,576 | €8,144 | -€432 | -5.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €90,256 | €121,703 | +€31,447 | +34.8% |
| Amounts receivable within one year | 40/41 | €78,368 | €99,765 | +€21,397 | +27.3% |
| Trade receivables | 40 | €13,398 | - | -€13,398 | |
| Other amounts receivable | 41 | €64,970 | €99,765 | +€34,795 | +53.6% |
| Cash at bank and in hand | 54/58 | €8,642 | €18,525 | +€9,882 | +114% |
| Deferred charges and accrued income | 490/1 | €3,246 | €3,413 | +€168 | +5.2% |
| Total equity and liabilities | 10/49 | €223,968 | €249,001 | +€25,033 | +11.2% |
| Equity | 10/15 | €77,373 | €108,314 | +€30,941 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,173 | €102,114 | +€30,941 | +43.5% |
| Distributable reserves | 133 | €71,173 | €102,114 | +€30,941 | +43.5% |
| Amounts payable | 17/49 | €146,595 | €140,687 | -€5,908 | -4.0% |
| Amounts payable after more than one year | 17 | €115,099 | €108,169 | -€6,930 | -6.0% |
| Financial debts | 170/4 | €115,099 | €108,169 | -€6,930 | -6.0% |
| Amounts payable within one year | 42/48 | €31,496 | €32,518 | +€1,022 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €10,882 | €10,999 | +€116 | +1.1% |
| Trade debts | 44 | €522 | €2,289 | +€1,767 | +338% |
| Suppliers | 440/4 | €522 | €2,289 | +€1,767 | +338% |
| Taxes, remuneration and social security | 45 | €20,091 | €19,230 | -€861 | -4.3% |
| Taxes | 450/3 | €20,091 | €19,230 | -€861 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,720 | €7,610 | -€110 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €370 | +€370 | |
| Other operating charges | 640/8 | €1,624 | €2,812 | +€1,188 | +73.1% |
| Gross operating margin | 9900 | €43,493 | €58,918 | +€15,425 | +35.5% |
| Operating profit (loss) | 9901 | €34,149 | €48,126 | +€13,977 | +40.9% |
| Financial income | 75/76B | €2,673 | €4,126 | +€1,453 | +54.4% |
| Recurring financial income | 75 | €2,673 | €4,126 | +€1,453 | +54.4% |
| Financial charges | 65/66B | €6,205 | €5,211 | -€994 | -16.0% |
| Recurring financial charges | 65 | €6,205 | €5,211 | -€994 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €30,617 | €47,041 | +€16,424 | +53.6% |
| Income taxes | 67/77 | €9,794 | €16,100 | +€6,306 | +64.4% |
| Profit (loss) for the period | 9904 | €20,823 | €30,941 | +€10,118 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,823 | €30,941 | +€10,118 | +48.6% |
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 21 October 2026 via checked.be.