IMMO ACVV: 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.
IMMO ACVV
Largest movements
- Stocks and contracts -€116,722
no longer reported in 2025 (was €116,722)
- Receivables within one year +€21,350
up €21,350 (+2482.6%), from €860 to €22,210
- Cash +€4,594
new in 2025: €4,594
mainly Stocks and contracts (+€116,722) and Net result for the year (+€14,629)
- Tangible fixed assets +€4,175
up €4,175 (+4.6%), from €90,227 to €94,402
- Debts after one year -€102,700
down €102,700 (-83.0%), from €123,789 to €21,089
- Profit (loss) carried forward +€14,629
up €14,629, from -€12,612 to €2,017
- Other debts +€11,250
up €11,250 (+14.7%), from €76,686 to €87,936
- Trade debts -€10,034
down €10,034 (-89.5%), from €11,217 to €1,183
- Gross operating margin +€25,183
up €25,183 (+506.8%), from €4,969 to €30,152
- Other operating charges +€1,350
up €1,350 (+133.4%), from €1,012 to €2,362
- Taxes +€373
new in 2025: €373
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 | €207,809 | €121,299 | -€86,510 | -41.6% |
| Fixed assets | 21/28 | €90,227 | €94,402 | +€4,175 | +4.6% |
| Tangible fixed assets | 22/27 | €90,227 | €94,402 | +€4,175 | +4.6% |
| Land and buildings | 22 | €90,227 | €94,402 | +€4,175 | +4.6% |
| Current assets | 29/58 | €117,582 | €26,897 | -€90,685 | -77.1% |
| Stocks and contracts in progress | 3 | €116,722 | - | -€116,722 | |
| Stocks | 30/36 | €116,722 | - | -€116,722 | |
| Amounts receivable within one year | 40/41 | €860 | €22,210 | +€21,350 | +2482.6% |
| Other amounts receivable | 41 | €860 | €22,210 | +€21,350 | +2482.6% |
| Cash at bank and in hand | 54/58 | - | €4,594 | +€4,594 | |
| Deferred charges and accrued income | 490/1 | - | €93 | +€93 | |
| Total equity and liabilities | 10/49 | €207,809 | €121,299 | -€86,510 | -41.6% |
| Equity | 10/15 | -€6,612 | €8,017 | +€14,629 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,612 | €2,017 | +€14,629 | |
| Amounts payable | 17/49 | €214,421 | €113,282 | -€101,139 | -47.2% |
| Amounts payable after more than one year | 17 | €123,789 | €21,089 | -€102,700 | -83.0% |
| Financial debts | 170/4 | €123,789 | €21,089 | -€102,700 | -83.0% |
| Amounts payable within one year | 42/48 | €90,632 | €92,193 | +€1,561 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €2,574 | €2,700 | +€126 | +4.9% |
| Financial debts | 43 | €154 | - | -€154 | |
| Credit institutions | 430/8 | €154 | - | -€154 | |
| Trade debts | 44 | €11,217 | €1,183 | -€10,034 | -89.5% |
| Suppliers | 440/4 | €11,217 | €1,183 | -€10,034 | -89.5% |
| Taxes, remuneration and social security | 45 | - | €373 | +€373 | |
| Taxes | 450/3 | - | €373 | +€373 | |
| Other amounts payable | 47/48 | €76,686 | €87,936 | +€11,250 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,906 | €6,160 | +€254 | +4.3% |
| Other operating charges | 640/8 | €1,012 | €2,362 | +€1,350 | +133.4% |
| Gross operating margin | 9900 | €4,969 | €30,152 | +€25,183 | +506.8% |
| Operating profit (loss) | 9901 | -€1,949 | €21,631 | +€23,580 | |
| Financial charges | 65/66B | €6,579 | €6,629 | +€49 | +0.7% |
| Recurring financial charges | 65 | €6,579 | €6,629 | +€49 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,529 | €15,002 | +€23,531 | |
| Income taxes | 67/77 | - | €373 | +€373 | |
| Profit (loss) for the period | 9904 | -€8,529 | €14,629 | +€23,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,529 | €14,629 | +€23,157 |
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 4 October 2026 via checked.be.