Vastgoedexperts: 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.
Vastgoedexperts
Largest movements
- Cash -€93,563
down €93,563 (-99.5%), from €94,045 to €482
mainly Net result for the year (-€377,938) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets +€39,680
up €39,680 (+1151.9%), from €3,445 to €43,125
of which Plant, machinery and equipment: +€24,215
- Receivables within one year +€15,658
up €15,658 (+845.4%), from €1,852 to €17,510
of which Other amounts receivable: +€15,370
- Debts within one year +€438,599
up €438,599 (+4800.5%), from €9,137 to €447,736
- Profit (loss) carried forward -€377,938
down €377,938 (-3753.3%), from -€10,070 to -€388,008
- Contributions -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Accrued charges and deferred income +€1,603
up €1,603 (+583.4%), from €275 to €1,878
- Staff costs +€288,180
new in 2025: €288,180
- Gross operating margin -€73,246
down €73,246 (-781.1%), from -€9,378 to -€82,624
- Depreciation +€2,923
up €2,923 (+583.1%), from €501 to €3,424
- Financial charges +€2,565
up €2,565 (+1346.0%), from €191 to €2,756
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.
Cash bridge derived
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 | €99,342 | €61,605 | -€37,736 | -38.0% |
| Fixed assets | 21/28 | €3,445 | €43,125 | +€39,680 | +1151.9% |
| Tangible fixed assets | 22/27 | €3,445 | €43,125 | +€39,680 | +1151.9% |
| Plant, machinery and equipment | 23 | €3,445 | €27,660 | +€24,215 | +703.0% |
| Furniture and vehicles | 24 | - | €15,465 | +€15,465 | |
| Current assets | 29/58 | €95,897 | €18,480 | -€77,417 | -80.7% |
| Amounts receivable within one year | 40/41 | €1,852 | €17,510 | +€15,658 | +845.4% |
| Trade receivables | 40 | - | €288 | +€288 | |
| Other amounts receivable | 41 | €1,852 | €17,222 | +€15,370 | +829.9% |
| Cash at bank and in hand | 54/58 | €94,045 | €482 | -€93,563 | -99.5% |
| Deferred charges and accrued income | 490/1 | - | €489 | +€489 | |
| Total equity and liabilities | 10/49 | €99,342 | €61,605 | -€37,736 | -38.0% |
| Equity | 10/15 | €89,930 | -€388,008 | -€477,938 | |
| Contributions | 10/11 | €100,000 | €0 | -€100,000 | -100.0% |
| Capital | 10 | €100,000 | €0 | -€100,000 | -100.0% |
| Profit (loss) carried forward | 14 | -€10,070 | -€388,008 | -€377,938 | -3753.3% |
| Amounts payable | 17/49 | €9,411 | €449,613 | +€440,202 | +4677.4% |
| Amounts payable within one year | 42/48 | €9,137 | €447,736 | +€438,599 | +4800.5% |
| Trade debts | 44 | €1,129 | €3,329 | +€2,200 | +194.8% |
| Suppliers | 440/4 | €1,129 | €3,329 | +€2,200 | +194.8% |
| Taxes, remuneration and social security | 45 | - | €97,275 | +€97,275 | |
| Taxes | 450/3 | - | €10,562 | +€10,562 | |
| Remuneration and social security | 454/9 | - | €86,712 | +€86,712 | |
| Accrued charges and deferred income | 492/3 | €275 | €1,878 | +€1,603 | +583.4% |
| Remuneration, social security and pensions | 62 | - | €288,180 | +€288,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €3,424 | +€2,923 | +583.1% |
| Other operating charges | 640/8 | - | €217 | +€217 | |
| Gross operating margin | 9900 | -€9,378 | -€82,624 | -€73,246 | -781.1% |
| Operating profit (loss) | 9901 | -€9,879 | -€374,444 | -€364,566 | -3690.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €191 | €2,756 | +€2,565 | +1346.0% |
| Recurring financial charges | 65 | €191 | €2,756 | +€2,565 | +1346.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,070 | -€377,200 | -€367,130 | -3645.9% |
| Income taxes | 67/77 | - | €739 | +€739 | |
| Profit (loss) for the period | 9904 | -€10,070 | -€377,938 | -€367,869 | -3653.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,070 | -€377,938 | -€367,869 | -3653.3% |
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 11 October 2026 via checked.be.