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
- Receivables within one year +€346,158
new in 2026: €346,158
- Tangible fixed assets -€291,862
down €291,862 (-99.9%), from €292,167 to €305
of which Land and buildings: -€292,167
- Financial fixed assets +€135,702
up €135,702 (+54.9%), from €247,097 to €382,799
- Other debts +€147,987
up €147,987 (+164.8%), from €89,790 to €237,777
- Profit (loss) carried forward +€22,112
up €22,112, from -€21,095 to €1,017
- Reserves +€11,000
new in 2026: €11,000
- Gross operating margin +€21,482
up €21,482 (+110.9%), from €19,377 to €40,859
- Depreciation -€10,562
down €10,562 (-99.1%), from €10,657 to €95
- Taxes +€4,374
new in 2026: €4,374
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.
Cash bridge derived
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 | €554,035 | €737,137 | +€183,102 | +33.0% |
| Fixed assets | 21/28 | €539,264 | €383,103 | -€156,161 | -29.0% |
| Tangible fixed assets | 22/27 | €292,167 | €305 | -€291,862 | -99.9% |
| Land and buildings | 22 | €292,167 | - | -€292,167 | |
| Furniture and vehicles | 24 | - | €305 | +€305 | |
| Financial fixed assets | 28 | €247,097 | €382,799 | +€135,702 | +54.9% |
| Current assets | 29/58 | €14,771 | €354,034 | +€339,263 | +2296.9% |
| Amounts receivable within one year | 40/41 | - | €346,158 | +€346,158 | |
| Trade receivables | 40 | - | €346,158 | +€346,158 | |
| Cash at bank and in hand | 54/58 | €12,779 | €6,226 | -€6,553 | -51.3% |
| Deferred charges and accrued income | 490/1 | €1,992 | €1,650 | -€342 | -17.1% |
| Total equity and liabilities | 10/49 | €554,035 | €737,137 | +€183,102 | +33.0% |
| Equity | 10/15 | -€16,095 | €17,017 | +€33,112 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €11,000 | +€11,000 | |
| Distributable reserves | 133 | - | €11,000 | +€11,000 | |
| Profit (loss) carried forward | 14 | -€21,095 | €1,017 | +€22,112 | |
| Amounts payable | 17/49 | €570,130 | €720,120 | +€149,990 | +26.3% |
| Amounts payable after more than one year | 17 | €466,384 | €466,115 | -€269 | -0.1% |
| Financial debts | 170/4 | €466,384 | €466,115 | -€269 | -0.1% |
| Amounts payable within one year | 42/48 | €103,746 | €254,005 | +€150,259 | +144.8% |
| Current portion of amounts payable after more than one year | 42 | €10,105 | €10,269 | +€164 | +1.6% |
| Trade debts | 44 | €3,851 | €1,584 | -€2,267 | -58.9% |
| Suppliers | 440/4 | €3,851 | €1,584 | -€2,267 | -58.9% |
| Taxes, remuneration and social security | 45 | - | €4,374 | +€4,374 | |
| Taxes | 450/3 | - | €4,374 | +€4,374 | |
| Other amounts payable | 47/48 | €89,790 | €237,777 | +€147,987 | +164.8% |
| Non-recurring operating income | 76A | - | €22,833 | +€22,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,657 | €95 | -€10,562 | -99.1% |
| Gross operating margin | 9900 | €19,377 | €40,859 | +€21,482 | +110.9% |
| Operating profit (loss) | 9901 | €8,721 | €40,764 | +€32,044 | +367.4% |
| Financial charges | 65/66B | €3,277 | €3,278 | +€0 | 0.0% |
| Recurring financial charges | 65 | €3,277 | €3,278 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,443 | €37,487 | +€32,044 | +588.7% |
| Income taxes | 67/77 | - | €4,374 | +€4,374 | |
| Profit (loss) for the period | 9904 | €5,443 | €33,112 | +€27,669 | +508.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,443 | €33,112 | +€27,669 | +508.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.