FV IMMO: 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.
FV IMMO
Largest movements
- Tangible fixed assets -€3,900
down €3,900 (-4.5%), from €85,800 to €81,900
- Cash -€2,250
down €2,250 (-12.5%), from €18,056 to €15,806
mainly Debts after one year (-€13,180) and Receivables within one year (-€1,330)
- Receivables within one year +€1,330
up €1,330 (+2332.5%), from €57 to €1,387
of which Other amounts receivable: +€957
- Debts after one year -€13,180
down €13,180 (-36.3%), from €36,274 to €23,094
- Reserves +€7,700
up €7,700 (+21.1%), from €36,550 to €44,250
- Financial charges -€477
down €477 (-21.5%), from €2,222 to €1,745
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 | €103,913 | €99,093 | -€4,820 | -4.6% |
| Fixed assets | 21/28 | €85,800 | €81,900 | -€3,900 | -4.5% |
| Tangible fixed assets | 22/27 | €85,800 | €81,900 | -€3,900 | -4.5% |
| Land and buildings | 22 | €85,800 | €81,900 | -€3,900 | -4.5% |
| Current assets | 29/58 | €18,113 | €17,192 | -€920 | -5.1% |
| Amounts receivable within one year | 40/41 | €57 | €1,387 | +€1,330 | +2332.5% |
| Trade receivables | 40 | - | €372 | +€372 | |
| Other amounts receivable | 41 | €57 | €1,014 | +€957 | +1679.3% |
| Cash at bank and in hand | 54/58 | €18,056 | €15,806 | -€2,250 | -12.5% |
| Total equity and liabilities | 10/49 | €103,913 | €99,093 | -€4,820 | -4.6% |
| Equity | 10/15 | €50,678 | €58,407 | +€7,728 | +15.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €36,550 | €44,250 | +€7,700 | +21.1% |
| Distributable reserves | 133 | €36,550 | €44,250 | +€7,700 | +21.1% |
| Profit (loss) carried forward | 14 | €7,128 | €7,157 | +€28 | +0.4% |
| Amounts payable | 17/49 | €53,235 | €40,686 | -€12,549 | -23.6% |
| Amounts payable after more than one year | 17 | €36,274 | €23,094 | -€13,180 | -36.3% |
| Financial debts | 170/4 | €36,274 | €23,094 | -€13,180 | -36.3% |
| Amounts payable within one year | 42/48 | €16,895 | €17,525 | +€630 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €12,696 | €13,180 | +€485 | +3.8% |
| Trade debts | 44 | €42 | €42 | = | 0.0% |
| Suppliers | 440/4 | €42 | €42 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €957 | €1,103 | +€146 | +15.2% |
| Taxes | 450/3 | €957 | €1,103 | +€146 | +15.2% |
| Other amounts payable | 47/48 | €3,200 | €3,200 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,900 | €3,900 | = | 0.0% |
| Other operating charges | 640/8 | €1,241 | €1,257 | +€16 | +1.3% |
| Gross operating margin | 9900 | €18,232 | €18,233 | +€1 | 0.0% |
| Operating profit (loss) | 9901 | €13,091 | €13,076 | -€14 | -0.1% |
| Financial charges | 65/66B | €2,222 | €1,745 | -€477 | -21.5% |
| Recurring financial charges | 65 | €2,222 | €1,745 | -€477 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €10,869 | €11,331 | +€462 | +4.3% |
| Income taxes | 67/77 | €3,457 | €3,603 | +€146 | +4.2% |
| Profit (loss) for the period | 9904 | €7,412 | €7,728 | +€317 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,412 | €7,728 | +€317 | +4.3% |
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.