Vastgoedfaculteit: 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.
Vastgoedfaculteit
Largest movements
- Receivables within one year -€10,476
down €10,476 (-68.2%), from €15,369 to €4,893
of which Trade receivables: -€13,038
- Cash -€7,251
down €7,251 (-94.3%), from €7,691 to €440
mainly Net result for the year (-€47,502) and Investment in fixed assets (net) (-€4,778)
- Tangible fixed assets +€4,167
new in 2024: €4,167
of which Other tangible fixed assets: +€3,382
- Profit (loss) carried forward -€47,502
down €47,502 (-181%), from -€26,233 to -€73,735
- Trade debts +€19,660
up €19,660 (+694%), from €2,833 to €22,493
- Other debts +€17,755
up €17,755 (+60.7%), from €29,251 to €47,006
- Advances received -€3,011
no longer reported in 2024 (was €3,011)
- Tax, wage and social debts -€463
down €463 (-27.3%), from €1,699 to €1,236
of which Taxes: -€408
- Gross operating margin -€50,658
down €50,658, from €10,787 to -€39,871
- Financial charges +€5,170
up €5,170 (+3,646%), from €142 to €5,312
- Financial income +€2,742
new in 2024: €2,742
- Staff costs +€2,112
up €2,112 (+108%), from €1,952 to €4,064
- Depreciation +€611
new in 2024: €611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,060 | €9,500 | -€13,560 | -58.8% |
| Fixed assets | 21/28 | - | €4,167 | +€4,167 | |
| Tangible fixed assets | 22/27 | - | €4,167 | +€4,167 | |
| Furniture and vehicles | 24 | - | €785 | +€785 | |
| Other tangible fixed assets | 26 | - | €3,382 | +€3,382 | |
| Current assets | 29/58 | €23,060 | €5,333 | -€17,727 | -76.9% |
| Amounts receivable within one year | 40/41 | €15,369 | €4,893 | -€10,476 | -68.2% |
| Trade receivables | 40 | €15,369 | €2,331 | -€13,038 | -84.8% |
| Other amounts receivable | 41 | - | €2,562 | +€2,562 | |
| Cash at bank and in hand | 54/58 | €7,691 | €440 | -€7,251 | -94.3% |
| Total equity and liabilities | 10/49 | €23,060 | €9,500 | -€13,560 | -58.8% |
| Equity | 10/15 | -€13,733 | -€61,235 | -€47,502 | -346% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,233 | -€73,735 | -€47,502 | -181% |
| Amounts payable | 17/49 | €36,793 | €70,735 | +€33,942 | +92.3% |
| Amounts payable within one year | 42/48 | €36,793 | €70,735 | +€33,942 | +92.3% |
| Trade debts | 44 | €2,833 | €22,493 | +€19,660 | +694% |
| Suppliers | 440/4 | €2,833 | €22,493 | +€19,660 | +694% |
| Advances received on contracts in progress | 46 | €3,011 | - | -€3,011 | |
| Taxes, remuneration and social security | 45 | €1,699 | €1,236 | -€463 | -27.3% |
| Taxes | 450/3 | €1,644 | €1,236 | -€408 | -24.8% |
| Remuneration and social security | 454/9 | €55 | - | -€55 | |
| Other amounts payable | 47/48 | €29,251 | €47,006 | +€17,755 | +60.7% |
| Remuneration, social security and pensions | 62 | €1,952 | €4,064 | +€2,112 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €611 | +€611 | |
| Other operating charges | 640/8 | €377 | €387 | +€10 | +2.6% |
| Gross operating margin | 9900 | €10,787 | -€39,871 | -€50,658 | |
| Operating profit (loss) | 9901 | €8,458 | -€44,933 | -€53,391 | |
| Financial income | 75/76B | - | €2,742 | +€2,742 | |
| Recurring financial income | 75 | - | €2,742 | +€2,742 | |
| Financial charges | 65/66B | €142 | €5,312 | +€5,170 | +3,646% |
| Recurring financial charges | 65 | €142 | €5,312 | +€5,170 | +3,646% |
| Profit (loss) for the period before taxes | 9903 | €8,316 | -€47,502 | -€55,819 | |
| Profit (loss) for the period | 9904 | €8,316 | -€47,502 | -€55,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,316 | -€47,502 | -€55,819 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.