VIGNEE PROPERTIES: what changed
Two fiscal 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.
VIGNEE PROPERTIES
Largest movements
- Receivables within one year -€386,564
down €386,564 (-93.6%), from €412,925 to €26,361
of which Other amounts receivable: -€386,564
- Tangible fixed assets -€36,970
down €36,970 (-2.7%), from €1.4m to €1.3m
of which Land and buildings: -€35,440
- Cash +€35,613
up €35,613, from €0 to €35,613
mainly Receivables within one year (+€386,564) and Depreciation (+€36,970)
- Tax, wage and social debts -€200,860
down €200,860 (-99.5%), from €201,789 to €929
- Other debts -€70,440
down €70,440 (-100.0%), from €70,440 to €0
- Reserves -€57,217
down €57,217 (-5.7%), from €1.0m to €946,346
of which Distributable reserves: -€32,602
- Trade debts -€48,254
down €48,254 (-63.6%), from €75,887 to €27,633
- Gross operating margin -€316,829
down €316,829, from €308,109 to -€8,720
- Financial charges -€36,445
down €36,445 (-80.9%), from €45,025 to €8,580
- Other operating charges -€4,275
down €4,275 (-24.6%), from €17,347 to €13,073
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 | €1,789,821 | €1,401,901 | -€387,921 | -21.7% |
| Fixed assets | 21/28 | €1,376,896 | €1,339,926 | -€36,970 | -2.7% |
| Tangible fixed assets | 22/27 | €1,376,896 | €1,339,926 | -€36,970 | -2.7% |
| Land and buildings | 22 | €1,056,839 | €1,021,399 | -€35,440 | -3.4% |
| Plant, machinery and equipment | 23 | €7,450 | €6,192 | -€1,257 | -16.9% |
| Furniture and vehicles | 24 | €312,607 | €312,334 | -€273 | -0.1% |
| Current assets | 29/58 | €412,925 | €61,974 | -€350,951 | -85.0% |
| Amounts receivable within one year | 40/41 | €412,925 | €26,361 | -€386,564 | -93.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €412,925 | €26,361 | -€386,564 | -93.6% |
| Cash at bank and in hand | 54/58 | €0 | €35,613 | +€35,613 | |
| Total equity and liabilities | 10/49 | €1,789,821 | €1,401,901 | -€387,921 | -21.7% |
| Equity | 10/15 | €1,264,107 | €1,206,890 | -€57,217 | -4.5% |
| Contributions | 10/11 | €260,544 | €260,544 | = | 0.0% |
| Reserves | 13 | €1,003,563 | €946,346 | -€57,217 | -5.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €523,960 | €499,345 | -€24,615 | -4.7% |
| Distributable reserves | 133 | €477,744 | €445,142 | -€32,602 | -6.8% |
| Provisions and deferred taxes | 16 | €174,653 | €166,448 | -€8,205 | -4.7% |
| Deferred taxes | 168 | €174,653 | €166,448 | -€8,205 | -4.7% |
| Amounts payable | 17/49 | €351,061 | €28,562 | -€322,499 | -91.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €351,061 | €28,562 | -€322,499 | -91.9% |
| Current portion of amounts payable after more than one year | 42 | €2,944 | €0 | -€2,944 | -100.0% |
| Trade debts | 44 | €75,887 | €27,633 | -€48,254 | -63.6% |
| Suppliers | 440/4 | €75,887 | €27,633 | -€48,254 | -63.6% |
| Taxes, remuneration and social security | 45 | €201,789 | €929 | -€200,860 | -99.5% |
| Taxes | 450/3 | €201,789 | €929 | -€200,860 | -99.5% |
| Other amounts payable | 47/48 | €70,440 | €0 | -€70,440 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,970 | €36,970 | = | 0.0% |
| Other operating charges | 640/8 | €17,347 | €13,073 | -€4,275 | -24.6% |
| Non-recurring operating charges | 66A | €40,885 | €0 | -€40,885 | -100.0% |
| Gross operating margin | 9900 | €308,109 | -€8,720 | -€316,829 | |
| Operating profit (loss) | 9901 | €212,906 | -€58,763 | -€271,669 | |
| Financial income | 75/76B | €0 | €2,849 | +€2,849 | +14247250.0% |
| Recurring financial income | 75 | €0 | €2,849 | +€2,849 | +14247250.0% |
| Financial charges | 65/66B | €45,025 | €8,580 | -€36,445 | -80.9% |
| Recurring financial charges | 65 | €45,025 | €8,580 | -€36,445 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €167,881 | -€64,493 | -€232,374 | |
| Transfer from deferred taxes | 780 | €64,929 | €8,205 | -€56,723 | -87.4% |
| Income taxes | 67/77 | €2,654 | €929 | -€1,725 | -65.0% |
| Profit (loss) for the period | 9904 | €230,155 | -€57,217 | -€287,372 | |
| Transfer from tax-exempt reserves | 789 | €194,786 | €24,615 | -€170,170 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €424,941 | -€32,602 | -€457,542 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.