VNK Vastgoed: what changed
What changed
VNK Vastgoed
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€7,390
2024 · -€1,733-€5,658
Equity
-€17,304
2024 · -€9,913-€7,390
Cash
€250
2024 · €0+€250
Balance sheet total
€151,686
2024 · €158,146-€6,459
Largest movements
Assets
- Tangible fixed assets -€10,692
down €10,692 (-6.8%), from €158,146 to €147,454
of which Land and buildings: -€10,487
- Receivables within one year +€3,982
up €3,982, from €0 to €3,982
of which Trade receivables: +€2,451
Equity and liabilities
- Other debts +€17,606
up €17,606 (+219%), from €8,031 to €25,638
- Debts after one year -€11,536
down €11,536 (-8.2%), from €140,486 to €128,949
- Profit (loss) carried forward -€7,390
down €7,390 (-6.7%), from -€109,913 to -€117,304
- Short-term financial debts -€3,392
down €3,392 (-100%), from €3,392 to €0
- Tax, wage and social debts -€2,166
down €2,166 (-99.6%), from €2,175 to €8
Income statement
- Gross operating margin -€6,459
down €6,459 (-37.7%), from €17,128 to €10,668
- Financial charges -€420
down €420 (-7.8%), from €5,358 to €4,938
- Depreciation -€329
down €329 (-3.0%), from €11,020 to €10,692
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
-€1,733
Gross operating margin
-€6,459
Depreciation
+€329
Other operating charges
+€63
Financial income
-€11
Financial charges
+€420
Result 2025
-€7,390
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
+€14,872
Investment
€0
Financing
-€14,623
Cash 2024
€0
From operations (derived)
+€14,872
Net result for the year
-€7,390
Depreciation
+€10,692
Receivables within one year
-€3,982
Trade debts
+€205
Tax, wage and social debts
-€2,166
Other debts
+€17,606
Accrued charges and deferred income
-€92
Financing
-€14,623
Debts after one year
-€11,536
Current portion of long-term debt
+€305
Short-term financial debts
-€3,392
Cash 2025
€250
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,146 | €151,686 | -€6,459 | -4.1% |
| Fixed assets | 21/28 | €158,146 | €147,454 | -€10,692 | -6.8% |
| Tangible fixed assets | 22/27 | €158,146 | €147,454 | -€10,692 | -6.8% |
| Land and buildings | 22 | €156,779 | €146,292 | -€10,487 | -6.7% |
| Furniture and vehicles | 24 | €1,367 | €1,163 | -€204 | -14.9% |
| Current assets | 29/58 | €0 | €4,232 | +€4,232 | |
| Amounts receivable within one year | 40/41 | €0 | €3,982 | +€3,982 | |
| Trade receivables | 40 | €0 | €2,451 | +€2,451 | |
| Other amounts receivable | 41 | €0 | €1,532 | +€1,532 | |
| Cash at bank and in hand | 54/58 | €0 | €250 | +€250 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €158,146 | €151,686 | -€6,459 | -4.1% |
| Equity | 10/15 | -€9,913 | -€17,304 | -€7,390 | -74.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,913 | -€117,304 | -€7,390 | -6.7% |
| Amounts payable | 17/49 | €168,059 | €168,990 | +€931 | +0.6% |
| Amounts payable after more than one year | 17 | €140,486 | €128,949 | -€11,536 | -8.2% |
| Financial debts | 170/4 | €140,486 | €128,949 | -€11,536 | -8.2% |
| Amounts payable within one year | 42/48 | €27,073 | €39,633 | +€12,560 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €11,231 | €11,536 | +€305 | +2.7% |
| Financial debts | 43 | €3,392 | €0 | -€3,392 | -100% |
| Credit institutions | 430/8 | €3,392 | €0 | -€3,392 | -100% |
| Trade debts | 44 | €2,245 | €2,451 | +€205 | +9.2% |
| Suppliers | 440/4 | €2,245 | €2,451 | +€205 | +9.2% |
| Taxes, remuneration and social security | 45 | €2,175 | €8 | -€2,166 | -99.6% |
| Taxes | 450/3 | €2,175 | €8 | -€2,166 | -99.6% |
| Other amounts payable | 47/48 | €8,031 | €25,638 | +€17,606 | +219% |
| Accrued charges and deferred income | 492/3 | €500 | €408 | -€92 | -18.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,020 | €10,692 | -€329 | -3.0% |
| Other operating charges | 640/8 | €2,493 | €2,430 | -€63 | -2.5% |
| Gross operating margin | 9900 | €17,128 | €10,668 | -€6,459 | -37.7% |
| Operating profit (loss) | 9901 | €3,614 | -€2,453 | -€6,067 | |
| Financial income | 75/76B | €11 | €1 | -€11 | -92.4% |
| Recurring financial income | 75 | €11 | €1 | -€11 | -92.4% |
| Financial charges | 65/66B | €5,358 | €4,938 | -€420 | -7.8% |
| Recurring financial charges | 65 | €5,358 | €4,938 | -€420 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,733 | -€7,390 | -€5,658 | -327% |
| Profit (loss) for the period | 9904 | -€1,733 | -€7,390 | -€5,658 | -327% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,733 | -€7,390 | -€5,658 | -327% |
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 5 November 2026 via checked.be.