VM Lijnwaad Comco: what changed
What changed
VM Lijnwaad Comco
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€12,692
2024 · €20,011-€7,319
Equity
€7.5m
2024 · €7.5m+€12,692
Cash
€1,815
2024 · €38,019-€36,204
Balance sheet total
€7.6m
2024 · €7.6m+€4,149
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Write-downs +€22,313
up €22,313 (+16.7%), from -€133,638 to -€111,325
- Financial income -€11,777
down €11,777 (-43.5%), from €27,056 to €15,278
of which Financial income: -€11,777
- Depreciation -€8,552
down €8,552 (-27.8%), from €30,768 to €22,215
- Services and other goods -€7,805
down €7,805 (-5.9%), from €131,965 to €124,160
- Turnover +€5,068
up €5,068 (+2.8%), from €180,906 to €185,974
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
€20,011
Turnover
+€5,068
Other operating income
+€143
Services and other goods
+€7,805
Depreciation
+€8,552
Write-downs
-€22,313
Other operating charges
-€536
Other operating items
+€4,943
Financial income
-€11,777
Financial charges
+€797
Result 2025
€12,692
raises the resultlowers the resultnot broken down further in the accounts
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
-€36,204
Investment
€0
Financing
€0
Cash 2024
€38,019
From operations (derived)
-€36,204
Net result for the year
+€12,692
Depreciation
+€22,215
Stocks and contracts
-€30,937
Receivables within one year
-€40,834
Deferred charges and accrued income
+€9,202
Trade debts
-€6,116
Tax, wage and social debts
-€2,427
Cash 2025
€1,815
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,584,141 | €7,588,289 | +€4,149 | +0.1% |
| Fixed assets | 21/28 | €6,780,223 | €6,758,008 | -€22,215 | -0.3% |
| Tangible fixed assets | 22/27 | €6,780,223 | €6,758,008 | -€22,215 | -0.3% |
| Land and buildings | 22 | €6,780,223 | €6,758,008 | -€22,215 | -0.3% |
| Current assets | 29/58 | €803,917 | €830,282 | +€26,364 | +3.3% |
| Stocks and contracts in progress | 3 | €100,264 | €131,201 | +€30,937 | +30.9% |
| Stocks | 30/36 | €100,264 | €131,201 | +€30,937 | +30.9% |
| Property held for sale | 35 | €100,264 | €131,201 | +€30,937 | +30.9% |
| Amounts receivable within one year | 40/41 | €656,432 | €697,266 | +€40,834 | +6.2% |
| Trade receivables | 40 | €655,792 | €32,996 | -€622,796 | -95.0% |
| Other amounts receivable | 41 | €640 | €664,270 | +€663,629 | +103,678% |
| Cash at bank and in hand | 54/58 | €38,019 | €1,815 | -€36,204 | -95.2% |
| Deferred charges and accrued income | 490/1 | €9,202 | €0 | -€9,202 | -100% |
| Total equity and liabilities | 10/49 | €7,584,141 | €7,588,289 | +€4,149 | +0.1% |
| Equity | 10/15 | €7,537,222 | €7,549,914 | +€12,692 | +0.2% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €6,055,228 | €6,055,228 | = | 0.0% |
| Reserves | 13 | €481,994 | €494,686 | +€12,692 | +2.6% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €381,994 | €394,686 | +€12,692 | +3.3% |
| Amounts payable | 17/49 | €46,918 | €38,375 | -€8,543 | -18.2% |
| Amounts payable within one year | 42/48 | €46,918 | €38,375 | -€8,543 | -18.2% |
| Trade debts | 44 | €42,203 | €36,087 | -€6,116 | -14.5% |
| Suppliers | 440/4 | €42,203 | €36,087 | -€6,116 | -14.5% |
| Taxes, remuneration and social security | 45 | €4,716 | €2,288 | -€2,427 | -51.5% |
| Taxes | 450/3 | €4,716 | €2,288 | -€2,427 | -51.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €187,785 | €192,997 | +€5,212 | +2.8% |
| Turnover | 70 | €180,906 | €185,974 | +€5,068 | +2.8% |
| Other operating income | 74 | €6,880 | €7,023 | +€143 | +2.1% |
| Operating charges | 60/66A | €191,034 | €192,584 | +€1,550 | +0.8% |
| Purchases | 600/8 | €27,169 | €30,937 | +€3,767 | +13.9% |
| Change in stocks: decrease (increase) | 609 | -€27,169 | -€30,937 | -€3,767 | -13.9% |
| Services and other goods | 61 | €131,965 | €124,160 | -€7,805 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,768 | €22,215 | -€8,552 | -27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€133,638 | -€111,325 | +€22,313 | +16.7% |
| Other operating charges | 640/8 | €156,997 | €157,533 | +€536 | +0.3% |
| Non-recurring operating charges | 66A | €4,943 | €0 | -€4,943 | -100% |
| Operating profit (loss) | 9901 | -€3,249 | €413 | +€3,662 | |
| Financial income | 75/76B | €27,056 | €15,278 | -€11,777 | -43.5% |
| Recurring financial income | 75 | €27,056 | €15,278 | -€11,777 | -43.5% |
| Income from current assets | 751 | €27,056 | €15,278 | -€11,777 | -43.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,796 | €2,999 | -€797 | -21.0% |
| Recurring financial charges | 65 | €3,796 | €2,999 | -€797 | -21.0% |
| Debt charges | 650 | - | €24 | +€24 | |
| Other financial charges | 652/9 | €3,796 | €2,975 | -€821 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €20,011 | €12,692 | -€7,319 | -36.6% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €20,011 | €12,692 | -€7,319 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,011 | €12,692 | -€7,319 | -36.6% |
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 4 November 2026 via checked.be.