IMMO DE VLIEGER: 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 DE VLIEGER
Largest movements
- Deferred charges and accrued income +€17,500
up €17,500 (+198%), from €8,830 to €26,330
- Cash -€13,410
down €13,410 (-10.5%), from €127,945 to €114,535
mainly Deferred charges and accrued income (-€17,500)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€1,939
down €1,939 (-70.8%), from €2,740 to €801
- Gross operating margin +€1,118
up €1,118 (+9.0%), from €12,385 to €13,503
- Other operating charges +€543
up €543 (+3.1%), from €17,391 to €17,934
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 | €463,041 | €466,330 | +€3,289 | +0.7% |
| Fixed assets | 21/28 | €105,506 | €104,706 | -€801 | -0.8% |
| Tangible fixed assets | 22/27 | €105,506 | €104,706 | -€801 | -0.8% |
| Land and buildings | 22 | €105,506 | €104,706 | -€801 | -0.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €357,535 | €361,624 | +€4,090 | +1.1% |
| Amounts receivable within one year | 40/41 | €220,760 | €220,760 | = | 0.0% |
| Other amounts receivable | 41 | €220,760 | €220,760 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €127,945 | €114,535 | -€13,410 | -10.5% |
| Deferred charges and accrued income | 490/1 | €8,830 | €26,330 | +€17,500 | +198% |
| Total equity and liabilities | 10/49 | €463,041 | €466,330 | +€3,289 | +0.7% |
| Equity | 10/15 | €441,159 | €443,606 | +€2,448 | +0.6% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €41,133 | €41,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,183 | €2,183 | = | 0.0% |
| Legal reserve | 130 | €2,183 | €2,183 | = | 0.0% |
| Distributable reserves | 133 | €38,950 | €38,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26 | €2,473 | +€2,448 | +9,513% |
| Amounts payable | 17/49 | €21,882 | €22,724 | +€842 | +3.8% |
| Amounts payable within one year | 42/48 | €21,040 | €21,040 | = | 0.0% |
| Other amounts payable | 47/48 | €21,040 | €21,040 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €842 | €1,683 | +€842 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,740 | €801 | -€1,939 | -70.8% |
| Other operating charges | 640/8 | €17,391 | €17,934 | +€543 | +3.1% |
| Gross operating margin | 9900 | €12,385 | €13,503 | +€1,118 | +9.0% |
| Operating profit (loss) | 9901 | -€7,746 | -€5,231 | +€2,514 | +32.5% |
| Financial income | 75/76B | €8,830 | €8,830 | = | 0.0% |
| Recurring financial income | 75 | €8,830 | €8,830 | = | 0.0% |
| Financial charges | 65/66B | €1,151 | €1,151 | = | 0.0% |
| Recurring financial charges | 65 | €1,151 | €1,151 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€67 | €2,448 | +€2,514 | |
| Profit (loss) for the period | 9904 | -€67 | €2,448 | +€2,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67 | €2,448 | +€2,514 |
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 30 October 2026 via checked.be.