IMMO BVD: 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 BVD
Largest movements
- Tangible fixed assets -€32,000
down €32,000 (-14.6%), from €218,667 to €186,667
- Current investments +€30,000
up €30,000 (+293.8%), from €10,210 to €40,210
- Cash -€27,643
down €27,643 (-67.5%), from €40,926 to €13,283
mainly Debts after one year (-€39,146) and Current investments (-€30,000)
- Receivables within one year +€4,818
up €4,818 (+259.2%), from €1,858 to €6,676
- Debts after one year -€39,146
down €39,146 (-18.7%), from €208,942 to €169,796
- Profit (loss) carried forward +€12,744
up €12,744 (+64.2%), from -€19,851 to -€7,107
- Financial charges -€1,498
down €1,498 (-13.5%), from €11,134 to €9,636
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 | €271,661 | €246,835 | -€24,826 | -9.1% |
| Fixed assets | 21/28 | €218,667 | €186,667 | -€32,000 | -14.6% |
| Tangible fixed assets | 22/27 | €218,667 | €186,667 | -€32,000 | -14.6% |
| Land and buildings | 22 | €218,667 | €186,667 | -€32,000 | -14.6% |
| Current assets | 29/58 | €52,994 | €60,168 | +€7,174 | +13.5% |
| Amounts receivable within one year | 40/41 | €1,858 | €6,676 | +€4,818 | +259.2% |
| Other amounts receivable | 41 | €1,858 | €6,676 | +€4,818 | +259.2% |
| Current investments | 50/53 | €10,210 | €40,210 | +€30,000 | +293.8% |
| Cash at bank and in hand | 54/58 | €40,926 | €13,283 | -€27,643 | -67.5% |
| Total equity and liabilities | 10/49 | €271,661 | €246,835 | -€24,826 | -9.1% |
| Equity | 10/15 | €25,149 | €37,893 | +€12,744 | +50.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,851 | -€7,107 | +€12,744 | +64.2% |
| Amounts payable | 17/49 | €246,511 | €208,942 | -€37,570 | -15.2% |
| Amounts payable after more than one year | 17 | €208,942 | €169,796 | -€39,146 | -18.7% |
| Financial debts | 170/4 | €208,942 | €169,796 | -€39,146 | -18.7% |
| Amounts payable within one year | 42/48 | €37,570 | €39,146 | +€1,576 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €37,570 | €39,146 | +€1,576 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,000 | €32,000 | = | 0.0% |
| Other operating charges | 640/8 | €8,342 | €8,607 | +€265 | +3.2% |
| Gross operating margin | 9900 | €62,696 | €62,756 | +€60 | +0.1% |
| Operating profit (loss) | 9901 | €22,354 | €22,149 | -€205 | -0.9% |
| Financial income | 75/76B | - | €231 | +€231 | |
| Recurring financial income | 75 | - | €231 | +€231 | |
| Financial charges | 65/66B | €11,134 | €9,636 | -€1,498 | -13.5% |
| Recurring financial charges | 65 | €11,134 | €9,636 | -€1,498 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €11,220 | €12,744 | +€1,524 | +13.6% |
| Profit (loss) for the period | 9904 | €11,220 | €12,744 | +€1,524 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,220 | €12,744 | +€1,524 | +13.6% |
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 3 October 2026 via checked.be.