WV 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.
WV Vastgoed
Largest movements
- Receivables within one year +€27,979
up €27,979 (+373%), from €7,501 to €35,481
of which Trade receivables: +€27,979
- Tangible fixed assets -€14,643
down €14,643 (-44.5%), from €32,918 to €18,275
- Cash -€10,386
down €10,386 (-52.9%), from €19,615 to €9,229
mainly Receivables within one year (-€27,979) and Net result for the year (-€6,131)
- Current investments -€10,000
down €10,000 (-9.1%), from €110,000 to €100,000
- Reserves -€6,131
down €6,131 (-3.5%), from €173,763 to €167,632
- Gross operating margin -€11,436
down €11,436 (-52.0%), from €21,976 to €10,540
- Financial income +€1,834
up €1,834, from €0 to €1,834
- Financial charges -€1,443
down €1,443 (-71.4%), from €2,021 to €579
- Depreciation +€346
up €346 (+2.2%), from €15,485 to €15,831
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.
Derived cash bridge
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 | €197,480 | €190,430 | -€7,050 | -3.6% |
| Fixed assets | 21/28 | €32,918 | €18,275 | -€14,643 | -44.5% |
| Tangible fixed assets | 22/27 | €32,918 | €18,275 | -€14,643 | -44.5% |
| Furniture and vehicles | 24 | €32,918 | €18,275 | -€14,643 | -44.5% |
| Current assets | 29/58 | €164,562 | €172,155 | +€7,593 | +4.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €27,445 | €27,445 | = | 0.0% |
| Stocks | 30/36 | €27,445 | €27,445 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,501 | €35,481 | +€27,979 | +373% |
| Trade receivables | 40 | €7,501 | €35,481 | +€27,979 | +373% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Cash at bank and in hand | 54/58 | €19,615 | €9,229 | -€10,386 | -52.9% |
| Total equity and liabilities | 10/49 | €197,480 | €190,430 | -€7,050 | -3.6% |
| Equity | 10/15 | €179,963 | €173,832 | -€6,131 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €173,763 | €167,632 | -€6,131 | -3.5% |
| Distributable reserves | 133 | €173,763 | €167,632 | -€6,131 | -3.5% |
| Amounts payable | 17/49 | €17,517 | €16,598 | -€919 | -5.2% |
| Amounts payable after more than one year | 17 | €6,588 | €6,241 | -€347 | -5.3% |
| Other amounts payable | 178/9 | €6,588 | €6,241 | -€347 | -5.3% |
| Amounts payable within one year | 42/48 | €10,929 | €10,358 | -€571 | -5.2% |
| Trade debts | 44 | €4,681 | €4,371 | -€310 | -6.6% |
| Suppliers | 440/4 | €4,681 | €4,371 | -€310 | -6.6% |
| Taxes, remuneration and social security | 45 | €6,247 | €5,986 | -€261 | -4.2% |
| Taxes | 450/3 | €6,247 | €5,986 | -€261 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,485 | €15,831 | +€346 | +2.2% |
| Other operating charges | 640/8 | €1,102 | €1,248 | +€146 | +13.3% |
| Gross operating margin | 9900 | €21,976 | €10,540 | -€11,436 | -52.0% |
| Operating profit (loss) | 9901 | €5,390 | -€6,539 | -€11,929 | |
| Financial income | 75/76B | €0 | €1,834 | +€1,834 | |
| Recurring financial income | 75 | €0 | €1,834 | +€1,834 | |
| Financial charges | 65/66B | €2,021 | €579 | -€1,443 | -71.4% |
| Recurring financial charges | 65 | €2,021 | €579 | -€1,443 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €3,369 | -€5,284 | -€8,653 | |
| Income taxes | 67/77 | €928 | €847 | -€81 | -8.7% |
| Profit (loss) for the period | 9904 | €2,441 | -€6,131 | -€8,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,441 | -€6,131 | -€8,572 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.