VIJVERHOEK: what changed
What changed
VIJVERHOEK
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€159,261
2024 · -€135,297-€23,964
Equity
€1.4m
2024 · €1.6m-€159,261
Cash
€12,309
2024 · €20,509-€8,200
Balance sheet total
€2.0m
2024 · €2.1m-€120,358
Largest movements
Assets
- Tangible fixed assets -€88,428
down €88,428 (-4.3%), from €2.1m to €2.0m
of which Land and buildings: -€83,401
- Receivables within one year -€23,186
down €23,186 (-48.8%), from €47,466 to €24,281
of which Trade receivables: -€34,195
Equity and liabilities
- Profit (loss) carried forward -€110,724
down €110,724 (-11.5%), from -€959,214 to -€1.1m
- Other debts +€94,834
up €94,834 (+433%), from €21,904 to €116,738
- Reserves -€48,536
down €48,536 (-4.2%), from €1.2m to €1.1m
of which Tax-exempt reserves: -€48,536
- Trade debts -€33,320
down €33,320 (-79.6%), from €41,849 to €8,529
- Provisions -€24,992
down €24,992 (-5.5%), from €453,702 to €428,710
Income statement
- Other operating charges +€9,912
up €9,912 (+46.3%), from €21,417 to €31,329
- Gross operating margin -€7,749
down €7,749 (-10.2%), from €75,780 to €68,032
- Staff costs +€5,166
up €5,166 (+4.5%), from €114,475 to €119,641
- Financial charges +€887
up €887 (+2,909%), from €31 to €918
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€135,297
Gross operating margin
-€7,749
Staff costs
-€5,166
Depreciation
-€256
Other operating charges
-€9,912
Financial charges
-€887
Taxes
+€6
Result 2025
-€159,261
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,379
Investment
-€11,579
Financing
€0
Cash 2024
€20,509
From operations (derived)
+€3,379
Net result for the year
-€159,261
Depreciation
+€100,006
Receivables within one year
+€23,186
Deferred charges and accrued income
+€544
Provisions
-€24,992
Trade debts
-€33,320
Tax, wage and social debts
+€8,919
Advances received
+€2,845
Other debts
+€94,834
Accrued charges and deferred income
-€9,382
Investment (derived)
-€11,579
Investment in fixed assets (net)
-€11,579
Cash 2025
€12,309
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,132,040 | €2,011,682 | -€120,358 | -5.6% |
| Fixed assets | 21/28 | €2,060,235 | €1,971,807 | -€88,428 | -4.3% |
| Tangible fixed assets | 22/27 | €2,060,235 | €1,971,807 | -€88,428 | -4.3% |
| Land and buildings | 22 | €2,054,649 | €1,971,247 | -€83,401 | -4.1% |
| Furniture and vehicles | 24 | €5,586 | €560 | -€5,026 | -90.0% |
| Current assets | 29/58 | €71,805 | €39,875 | -€31,930 | -44.5% |
| Amounts receivable within one year | 40/41 | €47,466 | €24,281 | -€23,186 | -48.8% |
| Trade receivables | 40 | €39,727 | €5,531 | -€34,195 | -86.1% |
| Other amounts receivable | 41 | €7,740 | €18,749 | +€11,010 | +142% |
| Cash at bank and in hand | 54/58 | €20,509 | €12,309 | -€8,200 | -40.0% |
| Deferred charges and accrued income | 490/1 | €3,829 | €3,285 | -€544 | -14.2% |
| Total equity and liabilities | 10/49 | €2,132,040 | €2,011,682 | -€120,358 | -5.6% |
| Equity | 10/15 | €1,576,053 | €1,416,793 | -€159,261 | -10.1% |
| Contributions | 10/11 | €1,373,330 | €1,373,330 | = | 0.0% |
| Capital | 10 | €1,373,330 | €1,373,330 | = | 0.0% |
| Issued capital | 100 | €1,373,330 | €1,373,330 | = | 0.0% |
| Reserves | 13 | €1,161,938 | €1,113,401 | -€48,536 | -4.2% |
| Non-distributable reserves | 130/1 | €35,043 | €35,043 | = | 0.0% |
| Legal reserve | 130 | €13,936 | €13,936 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,107 | €21,107 | = | 0.0% |
| Tax-exempt reserves | 132 | €885,075 | €836,538 | -€48,536 | -5.5% |
| Distributable reserves | 133 | €241,820 | €241,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€959,214 | -€1,069,939 | -€110,724 | -11.5% |
| Provisions and deferred taxes | 16 | €453,702 | €428,710 | -€24,992 | -5.5% |
| Deferred taxes | 168 | €453,702 | €428,710 | -€24,992 | -5.5% |
| Amounts payable | 17/49 | €102,284 | €166,180 | +€63,896 | +62.5% |
| Amounts payable after more than one year | 17 | €141 | €141 | = | 0.0% |
| Other amounts payable | 178/9 | €141 | €141 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,763 | €165,041 | +€73,278 | +79.9% |
| Trade debts | 44 | €41,849 | €8,529 | -€33,320 | -79.6% |
| Suppliers | 440/4 | €41,849 | €8,529 | -€33,320 | -79.6% |
| Advances received on contracts in progress | 46 | €3,742 | €6,587 | +€2,845 | +76.0% |
| Taxes, remuneration and social security | 45 | €24,268 | €33,187 | +€8,919 | +36.8% |
| Taxes | 450/3 | €9,084 | €19,611 | +€10,527 | +116% |
| Remuneration and social security | 454/9 | €15,184 | €13,576 | -€1,608 | -10.6% |
| Other amounts payable | 47/48 | €21,904 | €116,738 | +€94,834 | +433% |
| Accrued charges and deferred income | 492/3 | €10,380 | €998 | -€9,382 | -90.4% |
| Remuneration, social security and pensions | 62 | €114,475 | €119,641 | +€5,166 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,750 | €100,006 | +€256 | +0.3% |
| Other operating charges | 640/8 | €21,417 | €31,329 | +€9,912 | +46.3% |
| Gross operating margin | 9900 | €75,780 | €68,032 | -€7,749 | -10.2% |
| Operating profit (loss) | 9901 | -€159,862 | -€182,945 | -€23,083 | -14.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €31 | €918 | +€887 | +2,909% |
| Recurring financial charges | 65 | €31 | €918 | +€887 | +2,909% |
| Profit (loss) for the period before taxes | 9903 | -€159,893 | -€183,863 | -€23,970 | -15.0% |
| Transfer from deferred taxes | 780 | €24,992 | €24,992 | = | 0.0% |
| Income taxes | 67/77 | €396 | €391 | -€6 | -1.4% |
| Profit (loss) for the period | 9904 | -€135,297 | -€159,261 | -€23,964 | -17.7% |
| Transfer from tax-exempt reserves | 789 | €48,536 | €48,536 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,760 | -€110,724 | -€23,964 | -27.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.