VVL Vastgoed: 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.
VVL Vastgoed
Largest movements
- Stocks and contracts +€114,188
up €114,188 (+49.4%), from €230,963 to €345,151
- Short-term financial debts +€89,055
up €89,055 (+82.1%), from €108,503 to €197,558
- Debts after one year +€67,600
up €67,600 (+59.8%), from €113,000 to €180,600
- Trade debts -€23,305
down €23,305 (-83.8%), from €27,815 to €4,510
- Profit (loss) carried forward -€22,975
down €22,975 (-86.8%), from -€26,476 to -€49,451
- Accrued charges and deferred income +€4,709
up €4,709 (+97.3%), from €4,838 to €9,547
- Gross operating margin +€8,964
up €8,964 (+53.9%), from -€16,639 to -€7,675
- Financial charges +€6,496
up €6,496 (+81.3%), from €7,990 to €14,486
- Other operating charges -€1,112
down €1,112 (-55.7%), from €1,998 to €886
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,326 | €345,285 | +€112,959 | +48.6% |
| Current assets | 29/58 | €232,326 | €345,285 | +€112,959 | +48.6% |
| Stocks and contracts in progress | 3 | €230,963 | €345,151 | +€114,188 | +49.4% |
| Stocks | 30/36 | €230,963 | €345,151 | +€114,188 | +49.4% |
| Cash at bank and in hand | 54/58 | €627 | €0 | -€627 | -100% |
| Deferred charges and accrued income | 490/1 | €737 | €135 | -€602 | -81.7% |
| Total equity and liabilities | 10/49 | €232,326 | €345,285 | +€112,959 | +48.6% |
| Equity | 10/15 | -€24,476 | -€47,451 | -€22,975 | -93.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,476 | -€49,451 | -€22,975 | -86.8% |
| Amounts payable | 17/49 | €256,802 | €392,736 | +€135,935 | +52.9% |
| Amounts payable after more than one year | 17 | €113,000 | €180,600 | +€67,600 | +59.8% |
| Financial debts | 170/4 | €113,000 | €180,600 | +€67,600 | +59.8% |
| Amounts payable within one year | 42/48 | €138,964 | €202,589 | +€63,625 | +45.8% |
| Financial debts | 43 | €108,503 | €197,558 | +€89,055 | +82.1% |
| Credit institutions | 430/8 | €108,503 | €197,558 | +€89,055 | +82.1% |
| Trade debts | 44 | €27,815 | €4,510 | -€23,305 | -83.8% |
| Suppliers | 440/4 | €27,815 | €4,510 | -€23,305 | -83.8% |
| Taxes, remuneration and social security | 45 | €2,647 | €521 | -€2,125 | -80.3% |
| Taxes | 450/3 | €2,647 | €521 | -€2,125 | -80.3% |
| Accrued charges and deferred income | 492/3 | €4,838 | €9,547 | +€4,709 | +97.3% |
| Other operating charges | 640/8 | €1,998 | €886 | -€1,112 | -55.7% |
| Gross operating margin | 9900 | -€16,639 | -€7,675 | +€8,964 | +53.9% |
| Operating profit (loss) | 9901 | -€18,637 | -€8,561 | +€10,076 | +54.1% |
| Financial income | 75/76B | €151 | €72 | -€79 | -52.4% |
| Recurring financial income | 75 | €151 | €72 | -€79 | -52.4% |
| Financial charges | 65/66B | €7,990 | €14,486 | +€6,496 | +81.3% |
| Recurring financial charges | 65 | €7,990 | €14,486 | +€6,496 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,476 | -€22,975 | +€3,501 | +13.2% |
| Profit (loss) for the period | 9904 | -€26,476 | -€22,975 | +€3,501 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,476 | -€22,975 | +€3,501 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.