VR Makelaars: 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.
VR Makelaars
Largest movements
- Cash +€70,145
up €70,145 (+134.8%), from €52,040 to €122,185
mainly Net result for the year (+€82,905) and Trade debts (+€8,077)
- Receivables after one year +€7,320
up €7,320 (+2.0%), from €373,320 to €380,640
- Profit (loss) carried forward +€82,905
up €82,905 (+19.3%), from €429,201 to €512,105
- Tax, wage and social debts -€13,434
down €13,434 (-99.2%), from €13,536 to €102
of which Taxes: -€13,434
- Trade debts +€8,077
up €8,077 (+14.8%), from €54,549 to €62,625
- Gross operating margin -€1,695
down €1,695 (-1.6%), from €104,785 to €103,090
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,885 | €596,881 | +€80,996 | +15.7% |
| Fixed assets | 21/28 | €976 | €900 | -€76 | -7.8% |
| Tangible fixed assets | 22/27 | €76 | €0 | -€76 | -100.0% |
| Furniture and vehicles | 24 | €76 | €0 | -€76 | -100.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €514,908 | €595,981 | +€81,072 | +15.7% |
| Amounts receivable after more than one year | 29 | €373,320 | €380,640 | +€7,320 | +2.0% |
| Other amounts receivable | 291 | €373,320 | €380,640 | +€7,320 | +2.0% |
| Amounts receivable within one year | 40/41 | €89,285 | €92,832 | +€3,547 | +4.0% |
| Trade receivables | 40 | €1,012 | €4 | -€1,008 | -99.6% |
| Other amounts receivable | 41 | €88,274 | €92,828 | +€4,555 | +5.2% |
| Cash at bank and in hand | 54/58 | €52,040 | €122,185 | +€70,145 | +134.8% |
| Deferred charges and accrued income | 490/1 | €263 | €324 | +€61 | +23.1% |
| Total equity and liabilities | 10/49 | €515,885 | €596,881 | +€80,996 | +15.7% |
| Equity | 10/15 | €447,801 | €530,705 | +€82,905 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429,201 | €512,105 | +€82,905 | +19.3% |
| Amounts payable | 17/49 | €68,084 | €66,176 | -€1,909 | -2.8% |
| Amounts payable within one year | 42/48 | €68,084 | €66,176 | -€1,909 | -2.8% |
| Trade debts | 44 | €54,549 | €62,625 | +€8,077 | +14.8% |
| Suppliers | 440/4 | €54,549 | €62,625 | +€8,077 | +14.8% |
| Taxes, remuneration and social security | 45 | €13,536 | €102 | -€13,434 | -99.2% |
| Taxes | 450/3 | €13,536 | €102 | -€13,434 | -99.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €3,448 | +€3,448 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101 | €76 | -€1,025 | -93.1% |
| Other operating charges | 640/8 | €1,472 | €1,516 | +€45 | +3.0% |
| Non-recurring operating charges | 66A | €11 | €0 | -€11 | -100.0% |
| Gross operating margin | 9900 | €104,785 | €103,090 | -€1,695 | -1.6% |
| Operating profit (loss) | 9901 | €102,201 | €101,497 | -€704 | -0.7% |
| Financial income | 75/76B | €9,136 | €9,153 | +€17 | +0.2% |
| Recurring financial income | 75 | €9,136 | €9,153 | +€17 | +0.2% |
| Financial charges | 65/66B | €67 | €99 | +€32 | +47.8% |
| Recurring financial charges | 65 | €67 | €99 | +€32 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €111,270 | €110,551 | -€719 | -0.6% |
| Income taxes | 67/77 | €28,259 | €27,646 | -€613 | -2.2% |
| Profit (loss) for the period | 9904 | €83,011 | €82,905 | -€107 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,011 | €82,905 | -€107 | -0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.