VORDENSTEYN HOF: what changed
What changed
VORDENSTEYN HOF
NACE 68.321, Property management for co-owned buildings (syndics)
filed annual accounts (NBB)
Net result for the year
-€506,617
2024 · -€510,396+€3,779
Equity
-€3.2m
2024 · -€2.7m-€506,617
Cash
€1,786
2024 · €9,075-€7,290
Balance sheet total
€1.7m
2024 · €2.1m-€390,993
Largest movements
Assets
- Tangible fixed assets -€389,293
down €389,293 (-18.3%), from €2.1m to €1.7m
Equity and liabilities
- Profit (loss) carried forward -€506,617
down €506,617 (-11.2%), from -€4.5m to -€5.0m
- Debts after one year +€122,212
up €122,212 (+2.6%), from €4.8m to €4.9m
of which Other amounts payable: +€122,212
Income statement
- Gross operating margin +€9,184
up €9,184 (+51.2%), from €17,925 to €27,109
- Staff costs +€4,973
up €4,973 (+3.9%), from €129,013 to €133,986
- Other operating charges +€301
up €301 (+3.1%), from €9,668 to €9,969
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
-€510,396
Gross operating margin
+€9,184
Staff costs
-€4,973
Depreciation
-€71
Other operating charges
-€301
Financial charges
-€59
Result 2025
-€506,617
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
-€129,502
Investment
€0
Financing
+€122,212
Cash 2024
€9,075
From operations (derived)
-€129,502
Net result for the year
-€506,617
Depreciation
+€389,293
Receivables within one year
-€5,000
Smaller working-capital items
-€269
Trade debts
-€6,909
Financing
+€122,212
Debts after one year
+€122,212
Cash 2025
€1,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,138,374 | €1,747,381 | -€390,993 | -18.3% |
| Fixed assets | 21/28 | €2,125,786 | €1,736,494 | -€389,293 | -18.3% |
| Tangible fixed assets | 22/27 | €2,125,786 | €1,736,494 | -€389,293 | -18.3% |
| Land and buildings | 22 | €2,125,786 | €1,736,494 | -€389,293 | -18.3% |
| Current assets | 29/58 | €12,588 | €10,888 | -€1,700 | -13.5% |
| Amounts receivable within one year | 40/41 | €0 | €5,000 | +€5,000 | |
| Trade receivables | 40 | €0 | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €9,075 | €1,786 | -€7,290 | -80.3% |
| Deferred charges and accrued income | 490/1 | €3,512 | €4,102 | +€590 | +16.8% |
| Total equity and liabilities | 10/49 | €2,138,374 | €1,747,381 | -€390,993 | -18.3% |
| Equity | 10/15 | -€2,672,644 | -€3,179,261 | -€506,617 | -19.0% |
| Contributions | 10/11 | €1,859,201 | €1,859,201 | = | 0.0% |
| Capital | 10 | €1,859,201 | €1,859,201 | = | 0.0% |
| Issued capital | 100 | €1,859,201 | €1,859,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,531,846 | -€5,038,463 | -€506,617 | -11.2% |
| Amounts payable | 17/49 | €4,811,018 | €4,926,643 | +€115,624 | +2.4% |
| Amounts payable after more than one year | 17 | €4,791,324 | €4,913,536 | +€122,212 | +2.6% |
| Financial debts | 170/4 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,791,324 | €2,913,536 | +€122,212 | +4.4% |
| Amounts payable within one year | 42/48 | €19,694 | €13,106 | -€6,588 | -33.5% |
| Trade debts | 44 | €11,419 | €4,510 | -€6,909 | -60.5% |
| Suppliers | 440/4 | €11,419 | €4,510 | -€6,909 | -60.5% |
| Taxes, remuneration and social security | 45 | €8,276 | €8,596 | +€321 | +3.9% |
| Remuneration and social security | 454/9 | €8,276 | €8,596 | +€321 | +3.9% |
| Remuneration, social security and pensions | 62 | €129,013 | €133,986 | +€4,973 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389,221 | €389,293 | +€71 | 0.0% |
| Other operating charges | 640/8 | €9,668 | €9,969 | +€301 | +3.1% |
| Gross operating margin | 9900 | €17,925 | €27,109 | +€9,184 | +51.2% |
| Operating profit (loss) | 9901 | -€509,977 | -€506,138 | +€3,838 | +0.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €419 | €479 | +€59 | +14.2% |
| Recurring financial charges | 65 | €419 | €479 | +€59 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€510,396 | -€506,617 | +€3,779 | +0.7% |
| Profit (loss) for the period | 9904 | -€510,396 | -€506,617 | +€3,779 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€510,396 | -€506,617 | +€3,779 | +0.7% |
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 3 November 2026 via checked.be.