YES 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.
YES VASTGOED
Largest movements
- Cash +€65,274
up €65,274 (+18.4%), from €354,609 to €419,883
mainly Other debts (+€72,768) and Net result for the year (+€31,225)
- Tangible fixed assets -€31,847
down €31,847 (-22.6%), from €141,175 to €109,327
- Receivables within one year +€19,276
up €19,276 (+194%), from €9,916 to €29,193
of which Other amounts receivable: +€10,909
- Other debts +€72,768
up €72,768 (+34.0%), from €214,285 to €287,053
- Reserves -€21,844
down €21,844 (-7.9%), from €276,592 to €254,748
of which Distributable reserves: -€27,954
- Tax, wage and social debts +€8,564
up €8,564 (+107%), from €7,985 to €16,550
- Gross operating margin +€12,342
up €12,342 (+18.9%), from €65,284 to €77,626
- Other operating charges -€10,352
down €10,352 (-77.7%), from €13,320 to €2,968
- Taxes -€6,546
down €6,546 (-31.5%), from €20,762 to €14,215
- Depreciation -€1,007
down €1,007 (-3.3%), from €30,520 to €29,512
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 | €510,428 | €562,716 | +€52,288 | +10.2% |
| Fixed assets | 21/28 | €145,903 | €113,641 | -€32,262 | -22.1% |
| Intangible fixed assets | 21 | €4,728 | €4,313 | -€415 | -8.8% |
| Tangible fixed assets | 22/27 | €141,175 | €109,327 | -€31,847 | -22.6% |
| Land and buildings | 22 | €105,447 | €91,358 | -€14,090 | -13.4% |
| Plant, machinery and equipment | 23 | €4,722 | €3,162 | -€1,560 | -33.0% |
| Furniture and vehicles | 24 | €12,537 | - | -€12,537 | |
| Other tangible fixed assets | 26 | €18,468 | €14,808 | -€3,660 | -19.8% |
| Current assets | 29/58 | €364,525 | €449,076 | +€84,550 | +23.2% |
| Amounts receivable within one year | 40/41 | €9,916 | €29,193 | +€19,276 | +194% |
| Trade receivables | 40 | €9,916 | €18,283 | +€8,367 | +84.4% |
| Other amounts receivable | 41 | - | €10,909 | +€10,909 | |
| Cash at bank and in hand | 54/58 | €354,609 | €419,883 | +€65,274 | +18.4% |
| Total equity and liabilities | 10/49 | €510,428 | €562,716 | +€52,288 | +10.2% |
| Equity | 10/15 | €276,887 | €255,042 | -€21,844 | -7.9% |
| Reserves | 13 | €276,592 | €254,748 | -€21,844 | -7.9% |
| Non-distributable reserves | 130/1 | €14,260 | €14,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,260 | €14,260 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €43,610 | +€6,110 | +16.3% |
| Distributable reserves | 133 | €224,832 | €196,878 | -€27,954 | -12.4% |
| Profit (loss) carried forward | 14 | €294 | €294 | = | 0.0% |
| Amounts payable | 17/49 | €233,541 | €307,674 | +€74,132 | +31.7% |
| Amounts payable within one year | 42/48 | €233,541 | €307,674 | +€74,132 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €3,130 | - | -€3,130 | |
| Trade debts | 44 | €8,141 | €4,071 | -€4,070 | -50.0% |
| Suppliers | 440/4 | €8,141 | €4,071 | -€4,070 | -50.0% |
| Taxes, remuneration and social security | 45 | €7,985 | €16,550 | +€8,564 | +107% |
| Taxes | 450/3 | €7,985 | €16,550 | +€8,564 | +107% |
| Other amounts payable | 47/48 | €214,285 | €287,053 | +€72,768 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,520 | €29,512 | -€1,007 | -3.3% |
| Other operating charges | 640/8 | €13,320 | €2,968 | -€10,352 | -77.7% |
| Gross operating margin | 9900 | €65,284 | €77,626 | +€12,342 | +18.9% |
| Operating profit (loss) | 9901 | €21,444 | €45,146 | +€23,702 | +111% |
| Financial income | 75/76B | €0 | €297 | +€297 | +98,970% |
| Recurring financial income | 75 | €0 | €297 | +€297 | +98,970% |
| Financial charges | 65/66B | €388 | €3 | -€386 | -99.3% |
| Recurring financial charges | 65 | €388 | €3 | -€386 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | €21,056 | €45,441 | +€24,384 | +116% |
| Income taxes | 67/77 | €20,762 | €14,215 | -€6,546 | -31.5% |
| Profit (loss) for the period | 9904 | €294 | €31,225 | +€30,931 | +10,504% |
| Transfer to tax-exempt reserves | 689 | - | €31,225 | +€31,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €294 | - | -€294 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.