VLIM: 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
VLIM
NACE 68.310, Real estate agency activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€211,008
2023 · €343,326-€132,318
Equity
€8.7m
2023 · €8.5m+€209,974
Cash
€55,472
2023 · €2,935+€52,537
Balance sheet total
€14.0m
2023 · €14.4m-€434,779
Largest movements
Assets
- Tangible fixed assets -€316,521
down €316,521 (-24.4%), from €1.3m to €981,761
of which Land and buildings: -€315,974
- Receivables within one year -€164,932
down €164,932 (-61.3%), from €269,200 to €104,268
of which Other amounts receivable: -€166,677
Equity and liabilities
- Short-term financial debts -€698,000
down €698,000 (-73.6%), from €948,000 to €250,000
- Profit (loss) carried forward +€211,008
up €211,008 (+47.6%), from -€442,872 to -€231,863
Income statement
- Taxes +€195,196
up €195,196 (+422%), from €46,222 to €241,418
- Purchases and services +€58,187
up €58,187 (+54.2%), from €107,321 to €165,507
- Financial income +€43,022
up €43,022 (+6.3%), from €677,931 to €720,953
- Financial charges -€10,092
down €10,092 (-14.7%), from €68,542 to €58,450
of which Financial charges: -€10,057
- Gross operating margin +€6,945
up €6,945 (+33.8%), from -€20,530 to -€13,585
From the 2023 result to the 2024 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
€343,326
Gross operating margin
+€6,945
Staff costs
-€825
Depreciation
+€6,860
Other operating charges
-€3,215
Financial income
+€43,022
Financial charges
+€10,092
Taxes
-€195,196
Result 2024
€211,008
raises the resultlowers the result
Derived cash bridge
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
+€681,802
Investment
+€183,766
Financing
-€813,031
Cash 2023
€2,935
From operations (derived)
+€681,802
Net result for the year
+€211,008
Depreciation
+€138,618
Receivables within one year
+€164,932
Trade debts
+€14,206
Tax, wage and social debts
+€20,336
Other debts
+€124,752
Accrued charges and deferred income
+€7,950
Investment (derived)
+€183,766
Investment in fixed assets (net)
+€183,766
Financing
-€813,031
Debts after one year
-€113,997
Short-term financial debts
-€698,000
Contributions, distributions and other
-€1,034
Cash 2024
€55,472
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,436,758 | €14,001,979 | -€434,779 | -3.0% |
| Fixed assets | 21/28 | €14,164,623 | €13,842,239 | -€322,384 | -2.3% |
| Tangible fixed assets | 22/27 | €1,298,282 | €981,761 | -€316,521 | -24.4% |
| Land and buildings | 22 | €1,287,709 | €971,736 | -€315,974 | -24.5% |
| Plant, machinery and equipment | 23 | €573 | €25 | -€548 | -95.6% |
| Other tangible fixed assets | 26 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €12,866,340 | €12,860,478 | -€5,862 | 0.0% |
| Current assets | 29/58 | €272,135 | €159,740 | -€112,395 | -41.3% |
| Amounts receivable within one year | 40/41 | €269,200 | €104,268 | -€164,932 | -61.3% |
| Trade receivables | 40 | €4,338 | €6,083 | +€1,745 | +40.2% |
| Other amounts receivable | 41 | €264,862 | €98,184 | -€166,677 | -62.9% |
| Cash at bank and in hand | 54/58 | €2,935 | €55,472 | +€52,537 | +1,790% |
| Total equity and liabilities | 10/49 | €14,436,758 | €14,001,979 | -€434,779 | -3.0% |
| Equity | 10/15 | €8,501,999 | €8,711,973 | +€209,974 | +2.5% |
| Contributions | 10/11 | €7,534,115 | €7,534,115 | = | 0.0% |
| Capital | 10 | €7,530,000 | €7,530,000 | = | 0.0% |
| Issued capital | 100 | €7,530,000 | €7,530,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,115 | €4,115 | = | 0.0% |
| Share premium | 1100/10 | €4,115 | €4,115 | = | 0.0% |
| Revaluation surpluses | 12 | €1,107,440 | €1,106,406 | -€1,034 | -0.1% |
| Reserves | 13 | €303,315 | €303,315 | = | 0.0% |
| Non-distributable reserves | 130/1 | €105,000 | €105,000 | = | 0.0% |
| Legal reserve | 130 | €105,000 | €105,000 | = | 0.0% |
| Distributable reserves | 133 | €198,315 | €198,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€442,872 | -€231,863 | +€211,008 | +47.6% |
| Amounts payable | 17/49 | €5,934,759 | €5,290,006 | -€644,753 | -10.9% |
| Amounts payable after more than one year | 17 | €4,462,536 | €4,348,539 | -€113,997 | -2.6% |
| Financial debts | 170/4 | €4,462,536 | €4,348,539 | -€113,997 | -2.6% |
| Amounts payable within one year | 42/48 | €1,255,222 | €716,515 | -€538,707 | -42.9% |
| Financial debts | 43 | €948,000 | €250,000 | -€698,000 | -73.6% |
| Credit institutions | 430/8 | €948,000 | €250,000 | -€698,000 | -73.6% |
| Trade debts | 44 | €16,047 | €30,253 | +€14,206 | +88.5% |
| Suppliers | 440/4 | €16,047 | €30,253 | +€14,206 | +88.5% |
| Taxes, remuneration and social security | 45 | €6,200 | €26,535 | +€20,336 | +328% |
| Taxes | 450/3 | €1,348 | €21,364 | +€20,016 | +1,485% |
| Remuneration and social security | 454/9 | €4,852 | €5,171 | +€319 | +6.6% |
| Other amounts payable | 47/48 | €284,975 | €409,727 | +€124,752 | +43.8% |
| Accrued charges and deferred income | 492/3 | €217,002 | €224,952 | +€7,950 | +3.7% |
| Turnover | 70 | €12,944 | €8,733 | -€4,211 | -32.5% |
| Non-recurring operating income | 76A | - | €31,392 | +€31,392 | |
| Goods, raw materials, services and sundry goods | 60/61 | €107,321 | €165,507 | +€58,187 | +54.2% |
| Remuneration, social security and pensions | 62 | €41,123 | €41,948 | +€825 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,478 | €138,618 | -€6,860 | -4.7% |
| Other operating charges | 640/8 | €12,710 | €15,926 | +€3,215 | +25.3% |
| Gross operating margin | 9900 | -€20,530 | -€13,585 | +€6,945 | +33.8% |
| Operating profit (loss) | 9901 | -€219,841 | -€210,076 | +€9,765 | +4.4% |
| Financial income | 75/76B | €677,931 | €720,953 | +€43,022 | +6.3% |
| Recurring financial income | 75 | €677,931 | €720,953 | +€43,022 | +6.3% |
| Financial charges | 65/66B | €68,542 | €58,450 | -€10,092 | -14.7% |
| Recurring financial charges | 65 | €68,507 | €58,450 | -€10,057 | -14.7% |
| Non-recurring financial charges | 66B | €35 | - | -€35 | |
| Profit (loss) for the period before taxes | 9903 | €389,548 | €452,427 | +€62,879 | +16.1% |
| Income taxes | 67/77 | €46,222 | €241,418 | +€195,196 | +422% |
| Profit (loss) for the period | 9904 | €343,326 | €211,008 | -€132,318 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €343,326 | €211,008 | -€132,318 | -38.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.