Vincent De Schepper Immo Consultancy: 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.
Vincent De Schepper Immo Consultancy
Largest movements
- Receivables within one year -€15,552
down €15,552 (-63.2%), from €24,605 to €9,054
of which Trade receivables: -€18,400
- Tangible fixed assets -€10,476
down €10,476 (-2.4%), from €443,708 to €433,232
of which Land and buildings: -€10,182
- Cash +€10,344
up €10,344 (+63.6%), from €16,258 to €26,602
mainly Other debts (+€211,199) and Receivables within one year (+€15,552)
- Other debts +€211,199
up €211,199 (+1844.9%), from €11,448 to €222,647
- Debts after one year -€201,941
down €201,941 (-34.8%), from €580,552 to €378,611
- Current portion of long-term debt -€13,459
down €13,459 (-87.4%), from €15,400 to €1,941
- Profit (loss) carried forward -€9,882
down €9,882 (-29.1%), from -€33,902 to -€43,784
- Other operating charges -€14,470
down €14,470 (-99.5%), from €14,535 to €66
- Financial charges -€5,152
down €5,152 (-14.2%), from €36,253 to €31,102
- Gross operating margin +€3,627
up €3,627 (+12.1%), from €29,931 to €33,559
- Depreciation -€798
down €798 (-6.2%), from €12,919 to €12,121
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 | €597,072 | €581,388 | -€15,684 | -2.6% |
| Fixed assets | 21/28 | €556,208 | €545,732 | -€10,476 | -1.9% |
| Tangible fixed assets | 22/27 | €443,708 | €433,232 | -€10,476 | -2.4% |
| Land and buildings | 22 | €437,011 | €426,829 | -€10,182 | -2.3% |
| Plant, machinery and equipment | 23 | €1,292 | €2,481 | +€1,189 | +92.0% |
| Furniture and vehicles | 24 | €5,406 | €3,923 | -€1,483 | -27.4% |
| Financial fixed assets | 28 | €112,500 | €112,500 | = | 0.0% |
| Current assets | 29/58 | €40,863 | €35,656 | -€5,207 | -12.7% |
| Amounts receivable within one year | 40/41 | €24,605 | €9,054 | -€15,552 | -63.2% |
| Trade receivables | 40 | €18,400 | - | -€18,400 | |
| Other amounts receivable | 41 | €6,206 | €9,054 | +€2,848 | +45.9% |
| Cash at bank and in hand | 54/58 | €16,258 | €26,602 | +€10,344 | +63.6% |
| Total equity and liabilities | 10/49 | €597,072 | €581,388 | -€15,684 | -2.6% |
| Equity | 10/15 | -€23,902 | -€33,784 | -€9,882 | -41.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,902 | -€43,784 | -€9,882 | -29.1% |
| Amounts payable | 17/49 | €620,974 | €615,172 | -€5,802 | -0.9% |
| Amounts payable after more than one year | 17 | €580,552 | €378,611 | -€201,941 | -34.8% |
| Financial debts | 170/4 | €580,552 | €378,611 | -€201,941 | -34.8% |
| Amounts payable within one year | 42/48 | €40,421 | €236,561 | +€196,139 | +485.2% |
| Current portion of amounts payable after more than one year | 42 | €15,400 | €1,941 | -€13,459 | -87.4% |
| Trade debts | 44 | €380 | €299 | -€81 | -21.2% |
| Suppliers | 440/4 | €380 | €299 | -€81 | -21.2% |
| Taxes, remuneration and social security | 45 | €13,193 | €11,673 | -€1,521 | -11.5% |
| Taxes | 450/3 | €13,193 | €11,673 | -€1,521 | -11.5% |
| Other amounts payable | 47/48 | €11,448 | €222,647 | +€211,199 | +1844.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,919 | €12,121 | -€798 | -6.2% |
| Other operating charges | 640/8 | €14,535 | €66 | -€14,470 | -99.5% |
| Gross operating margin | 9900 | €29,931 | €33,559 | +€3,627 | +12.1% |
| Operating profit (loss) | 9901 | €2,477 | €21,372 | +€18,895 | +762.7% |
| Financial charges | 65/66B | €36,253 | €31,102 | -€5,152 | -14.2% |
| Recurring financial charges | 65 | €36,253 | €31,102 | -€5,152 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,776 | -€9,730 | +€24,046 | +71.2% |
| Income taxes | 67/77 | €126 | €152 | +€26 | +20.7% |
| Profit (loss) for the period | 9904 | -€33,902 | -€9,882 | +€24,020 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,902 | -€9,882 | +€24,020 | +70.9% |
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 10 October 2026 via checked.be.