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VLASGAARD: 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.

What changed

VLASGAARD

BE 0692.853.083
NACE 68.110, Buying and selling of own real estate
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,185
2023 · -€9,003+€5,818
Equity
€30,130
2023 · €33,315-€3,185
Cash
€44,328
2023 · €47,920-€3,591
Balance sheet total
€50,212
2023 · €53,315-€3,104

Largest movements

2023 to 2024
Assets
  • Cash -€3,591

    down €3,591 (-7.5%), from €47,920 to €44,328

    mainly Net result for the year (-€3,185) and Receivables within one year (-€488)

Equity and liabilities
  • Profit (loss) carried forward -€3,185

    down €3,185 (-21.6%), from €14,715 to €11,530

Income statement
  • Gross operating margin +€5,687

    up €5,687 (+71.0%), from -€8,005 to -€2,318

  • Financial charges -€84

    down €84 (-30.3%), from €277 to €193

From the 2023 result to the 2024 result

effect on the 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 2023 -€9,003
Gross operating margin +€5,687
Other operating charges +€47
Financial charges +€84
Result 2024 -€3,185

Cash bridge derived

cash 2023 to 2024

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.

From operations -€3,591
Investment €0
Financing €0
Cash 2023 €47,920
Net result for the year -€3,185
Receivables within one year -€488
Trade debts +€82
Cash 2024 €44,328
Every line side by side 26 lines
Line Code 2023 2024 Change %
Total assets 20/58 €53,315 €50,212 -€3,104 -5.8%
Current assets 29/58 €53,315 €50,212 -€3,104 -5.8%
Stocks and contracts in progress 3 €2,700 €2,700 = 0.0%
Stocks 30/36 €2,700 €2,700 = 0.0%
Amounts receivable within one year 40/41 €2,696 €3,183 +€488 +18.1%
Other amounts receivable 41 €2,696 €3,183 +€488 +18.1%
Cash at bank and in hand 54/58 €47,920 €44,328 -€3,591 -7.5%
Total equity and liabilities 10/49 €53,315 €50,212 -€3,104 -5.8%
Equity 10/15 €33,315 €30,130 -€3,185 -9.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 €14,715 €11,530 -€3,185 -21.6%
Amounts payable 17/49 €20,000 €20,082 +€82 +0.4%
Amounts payable within one year 42/48 - €82 +€82
Trade debts 44 - €82 +€82
Suppliers 440/4 - €82 +€82
Accrued charges and deferred income 492/3 €20,000 €20,000 = 0.0%
Other operating charges 640/8 €721 €674 -€47 -6.5%
Gross operating margin 9900 -€8,005 -€2,318 +€5,687 +71.0%
Operating profit (loss) 9901 -€8,727 -€2,992 +€5,734 +65.7%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €277 €193 -€84 -30.3%
Recurring financial charges 65 €277 €193 -€84 -30.3%
Profit (loss) for the period before taxes 9903 -€9,003 -€3,185 +€5,818 +64.6%
Profit (loss) for the period 9904 -€9,003 -€3,185 +€5,818 +64.6%
Profit (loss) for the period to be appropriated 9905 -€9,003 -€3,185 +€5,818 +64.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.