B-C-VH Immo: 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.
B-C-VH Immo
Largest movements
- Tangible fixed assets -€21,554
down €21,554 (-14.3%), from €150,249 to €128,695
of which Land and buildings: -€21,554
- Cash +€2,459
up €2,459 (+44.9%), from €5,479 to €7,938
mainly Net result for the year (+€26,575) and Depreciation (+€21,554)
- Tax, wage and social debts -€9,282
down €9,282 (-100%), from €9,282 to €0
- Debts after one year -€5,102
down €5,102 (-19.0%), from €26,856 to €21,753
- Profit (loss) carried forward -€3,425
down €3,425 (-5.2%), from €65,689 to €62,264
- Gross operating margin +€5,724
up €5,724 (+9.9%), from €58,017 to €63,740
- Taxes +€1,207
up €1,207 (+15.0%), from €8,046 to €9,252
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 | €156,939 | €138,613 | -€18,327 | -11.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €150,249 | €128,695 | -€21,554 | -14.3% |
| Tangible fixed assets | 22/27 | €150,249 | €128,695 | -€21,554 | -14.3% |
| Land and buildings | 22 | €150,249 | €128,695 | -€21,554 | -14.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €6,691 | €9,918 | +€3,227 | +48.2% |
| Amounts receivable within one year | 40/41 | €1,212 | €1,980 | +€767 | +63.3% |
| Other amounts receivable | 41 | €1,212 | €1,980 | +€767 | +63.3% |
| Cash at bank and in hand | 54/58 | €5,479 | €7,938 | +€2,459 | +44.9% |
| Total equity and liabilities | 10/49 | €156,939 | €138,613 | -€18,327 | -11.7% |
| Equity | 10/15 | €112,833 | €109,408 | -€3,425 | -3.0% |
| Contributions | 10/11 | €42,858 | €42,858 | = | 0.0% |
| Reserves | 13 | €4,286 | €4,286 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,286 | €4,286 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,286 | €4,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,689 | €62,264 | -€3,425 | -5.2% |
| Amounts payable | 17/49 | €44,107 | €29,205 | -€14,902 | -33.8% |
| Amounts payable after more than one year | 17 | €26,856 | €21,753 | -€5,102 | -19.0% |
| Financial debts | 170/4 | €26,856 | €21,753 | -€5,102 | -19.0% |
| Amounts payable within one year | 42/48 | €17,251 | €7,452 | -€9,799 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | €5,102 | €5,252 | +€150 | +2.9% |
| Trade debts | 44 | €2,867 | €2,199 | -€667 | -23.3% |
| Suppliers | 440/4 | €2,867 | €2,199 | -€667 | -23.3% |
| Taxes, remuneration and social security | 45 | €9,282 | €0 | -€9,282 | -100% |
| Taxes | 450/3 | €9,282 | €0 | -€9,282 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,554 | €21,554 | = | 0.0% |
| Other operating charges | 640/8 | €5,899 | €5,866 | -€33 | -0.6% |
| Gross operating margin | 9900 | €58,017 | €63,740 | +€5,724 | +9.9% |
| Operating profit (loss) | 9901 | €30,564 | €36,321 | +€5,756 | +18.8% |
| Financial charges | 65/66B | €542 | €493 | -€48 | -8.9% |
| Recurring financial charges | 65 | €542 | €493 | -€48 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €30,023 | €35,827 | +€5,805 | +19.3% |
| Income taxes | 67/77 | €8,046 | €9,252 | +€1,207 | +15.0% |
| Profit (loss) for the period | 9904 | €21,977 | €26,575 | +€4,598 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,977 | €26,575 | +€4,598 | +20.9% |
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 26 October 2026 via checked.be.