IMMO CARVAN: 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.
IMMO CARVAN
Largest movements
- Tangible fixed assets -€17,417
down €17,417 (-4.7%), from €372,138 to €354,721
- Current investments +€16,661
up €16,661 (+499%), from €3,339 to €20,000
- Deferred charges and accrued income -€15,308
down €15,308 (-96.8%), from €15,807 to €499
- Debts after one year -€23,439
down €23,439 (-26.7%), from €87,677 to €64,238
- Other debts +€20,000
new in 2025: €20,000
- Reserves -€14,037
down €14,037 (-5.1%), from €277,366 to €263,329
of which Distributable reserves: -€14,037
- Taxes +€1,788
up €1,788 (+177%), from €1,012 to €2,800
- Financial charges -€341
down €341 (-18.3%), from €1,865 to €1,524
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 | €418,643 | €402,350 | -€16,293 | -3.9% |
| Fixed assets | 21/28 | €372,138 | €354,721 | -€17,417 | -4.7% |
| Tangible fixed assets | 22/27 | €372,138 | €354,721 | -€17,417 | -4.7% |
| Land and buildings | 22 | €372,138 | €354,721 | -€17,417 | -4.7% |
| Current assets | 29/58 | €46,505 | €47,629 | +€1,125 | +2.4% |
| Amounts receivable within one year | 40/41 | €22,195 | €25,993 | +€3,799 | +17.1% |
| Trade receivables | 40 | - | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €22,195 | €22,363 | +€168 | +0.8% |
| Current investments | 50/53 | €3,339 | €20,000 | +€16,661 | +499% |
| Cash at bank and in hand | 54/58 | €5,164 | €1,137 | -€4,027 | -78.0% |
| Deferred charges and accrued income | 490/1 | €15,807 | €499 | -€15,308 | -96.8% |
| Total equity and liabilities | 10/49 | €418,643 | €402,350 | -€16,293 | -3.9% |
| Equity | 10/15 | €307,861 | €293,825 | -€14,037 | -4.6% |
| Contributions | 10/11 | €30,496 | €30,496 | = | 0.0% |
| Contributions outside capital | 11 | €30,496 | €30,496 | = | 0.0% |
| Other | 1109/19 | €30,496 | €30,496 | = | 0.0% |
| Reserves | 13 | €277,366 | €263,329 | -€14,037 | -5.1% |
| Non-distributable reserves | 130/1 | €64 | €64 | = | 0.0% |
| Reserves not available under the articles | 1311 | €64 | €64 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,457 | €31,457 | = | 0.0% |
| Distributable reserves | 133 | €245,844 | €231,808 | -€14,037 | -5.7% |
| Amounts payable | 17/49 | €110,781 | €108,525 | -€2,256 | -2.0% |
| Amounts payable after more than one year | 17 | €87,677 | €64,238 | -€23,439 | -26.7% |
| Financial debts | 170/4 | €87,677 | €64,238 | -€23,439 | -26.7% |
| Amounts payable within one year | 42/48 | €23,105 | €44,287 | +€21,183 | +91.7% |
| Current portion of amounts payable after more than one year | 42 | €23,092 | €23,439 | +€347 | +1.5% |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €12 | €546 | +€534 | +4,303% |
| Taxes | 450/3 | €12 | €546 | +€534 | +4,303% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,417 | €17,417 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,589 | €3,828 | +€239 | +6.7% |
| Gross operating margin | 9900 | €31,284 | €31,015 | -€270 | -0.9% |
| Operating profit (loss) | 9901 | €10,278 | €9,770 | -€509 | -4.9% |
| Financial income | 75/76B | €208 | €517 | +€309 | +148% |
| Recurring financial income | 75 | €208 | €517 | +€309 | +148% |
| Financial charges | 65/66B | €1,865 | €1,524 | -€341 | -18.3% |
| Recurring financial charges | 65 | €1,865 | €1,524 | -€341 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €8,622 | €8,763 | +€142 | +1.6% |
| Income taxes | 67/77 | €1,012 | €2,800 | +€1,788 | +177% |
| Profit (loss) for the period | 9904 | €7,609 | €5,963 | -€1,646 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,609 | €5,963 | -€1,646 | -21.6% |
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 19 October 2026 via checked.be.