VASTU BUILDING: 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
VASTU BUILDING
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€25,280
2024 · -€32,504+€7,224
Equity
€37,137
2024 · €62,416-€25,280
Cash
€4,131
2024 · €5,308-€1,176
Balance sheet total
€525,206
2024 · €514,673+€10,534
Largest movements
Assets
- Stocks and contracts +€16,664
up €16,664 (+4.2%), from €394,920 to €411,585
Equity and liabilities
- Debts after one year +€30,000
up €30,000 (+13.0%), from €230,000 to €260,000
- Profit (loss) carried forward -€25,280
down €25,280 (-13.0%), from -€194,584 to -€219,863
Income statement
- Gross operating margin +€4,594
up €4,594 (+20.2%), from -€22,744 to -€18,150
- Financial charges -€1,262
down €1,262 (-16.2%), from €7,799 to €6,537
- Financial income +€414
up €414 (+10.2%), from €4,054 to €4,467
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
-€32,504
Gross operating margin
+€4,594
Depreciation
+€16
Other operating charges
-€40
Other operating items
+€979
Financial income
+€414
Financial charges
+€1,262
Result 2025
-€25,280
raises the resultlowers the resultnot broken down further in the accounts
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
-€30,851
Investment
-€325
Financing
+€30,000
Cash 2024
€5,308
From operations (derived)
-€30,851
Net result for the year
-€25,280
Depreciation
+€4,430
Receivables after one year
-€3,535
Stocks and contracts
-€16,664
Receivables within one year
+€3,863
Deferred charges and accrued income
+€521
Trade debts
+€2,541
Other debts
+€3,374
Accrued charges and deferred income
-€101
Investment (derived)
-€325
Investment in fixed assets (net)
-€325
Financing
+€30,000
Debts after one year
+€30,000
Cash 2025
€4,131
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €514,673 | €525,206 | +€10,534 | +2.0% |
| Fixed assets | 21/28 | €9,790 | €5,685 | -€4,105 | -41.9% |
| Tangible fixed assets | 22/27 | €9,790 | €5,685 | -€4,105 | -41.9% |
| Plant, machinery and equipment | 23 | €9,790 | €5,685 | -€4,105 | -41.9% |
| Current assets | 29/58 | €504,883 | €519,522 | +€14,639 | +2.9% |
| Amounts receivable after more than one year | 29 | €94,360 | €97,894 | +€3,535 | +3.7% |
| Other amounts receivable | 291 | €94,360 | €97,894 | +€3,535 | +3.7% |
| Stocks and contracts in progress | 3 | €394,920 | €411,585 | +€16,664 | +4.2% |
| Stocks | 30/36 | €394,920 | €411,585 | +€16,664 | +4.2% |
| Amounts receivable within one year | 40/41 | €5,015 | €1,152 | -€3,863 | -77.0% |
| Trade receivables | 40 | €3,741 | €82 | -€3,659 | -97.8% |
| Other amounts receivable | 41 | €1,274 | €1,070 | -€204 | -16.0% |
| Cash at bank and in hand | 54/58 | €5,308 | €4,131 | -€1,176 | -22.2% |
| Deferred charges and accrued income | 490/1 | €5,281 | €4,759 | -€521 | -9.9% |
| Total equity and liabilities | 10/49 | €514,673 | €525,206 | +€10,534 | +2.0% |
| Equity | 10/15 | €62,416 | €37,137 | -€25,280 | -40.5% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €77,000 | €77,000 | = | 0.0% |
| Distributable reserves | 133 | €77,000 | €77,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,584 | -€219,863 | -€25,280 | -13.0% |
| Amounts payable | 17/49 | €452,257 | €488,070 | +€35,813 | +7.9% |
| Amounts payable after more than one year | 17 | €230,000 | €260,000 | +€30,000 | +13.0% |
| Other amounts payable | 178/9 | €230,000 | €260,000 | +€30,000 | +13.0% |
| Amounts payable within one year | 42/48 | €213,225 | €219,139 | +€5,915 | +2.8% |
| Financial debts | 43 | €130,000 | €130,000 | = | 0.0% |
| Credit institutions | 430/8 | €130,000 | €130,000 | = | 0.0% |
| Trade debts | 44 | €1,215 | €3,756 | +€2,541 | +209% |
| Suppliers | 440/4 | €1,215 | €3,756 | +€2,541 | +209% |
| Other amounts payable | 47/48 | €82,010 | €85,384 | +€3,374 | +4.1% |
| Accrued charges and deferred income | 492/3 | €9,032 | €8,931 | -€101 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,446 | €4,430 | -€16 | -0.4% |
| Other operating charges | 640/8 | €589 | €630 | +€40 | +6.9% |
| Non-recurring operating charges | 66A | €979 | - | -€979 | |
| Gross operating margin | 9900 | -€22,744 | -€18,150 | +€4,594 | +20.2% |
| Operating profit (loss) | 9901 | -€28,758 | -€23,210 | +€5,548 | +19.3% |
| Financial income | 75/76B | €4,054 | €4,467 | +€414 | +10.2% |
| Recurring financial income | 75 | €4,054 | €4,467 | +€414 | +10.2% |
| Financial charges | 65/66B | €7,799 | €6,537 | -€1,262 | -16.2% |
| Recurring financial charges | 65 | €7,799 | €6,537 | -€1,262 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,504 | -€25,280 | +€7,224 | +22.2% |
| Profit (loss) for the period | 9904 | -€32,504 | -€25,280 | +€7,224 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,504 | -€25,280 | +€7,224 | +22.2% |
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 23 October 2026 via checked.be.