Immo de Vreeze: 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 Vreeze
Largest movements
- Receivables within one year +€149,271
up €149,271 (+3,370%), from €4,430 to €153,701
of which Other amounts receivable: +€147,065
- Stocks and contracts +€61,107
up €61,107 (+25.8%), from €236,721 to €297,827
- Cash -€48,662
down €48,662 (-13.3%), from €366,330 to €317,668
mainly Other debts (-€149,993) and Receivables within one year (-€149,271)
- Debts after one year +€300,000
new in 2025: €300,000
- Other debts -€149,993
down €149,993 (-100.0%), from €150,000 to €7
- Trade debts +€9,121
up €9,121 (+54.9%), from €16,626 to €25,747
- Gross operating margin -€7,902
down €7,902 (-38.8%), from €20,383 to €12,481
- Other operating charges -€6,709
down €6,709 (-55.9%), from €11,995 to €5,286
- Financial income -€2,064
down €2,064 (-99.6%), from €2,072 to €8
- Taxes +€729
up €729, from -€729 to €0
- Financial charges +€208
up €208 (+99.5%), from €209 to €416
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 | €614,021 | €778,228 | +€164,207 | +26.7% |
| Current assets | 29/58 | €614,021 | €778,228 | +€164,207 | +26.7% |
| Stocks and contracts in progress | 3 | €236,721 | €297,827 | +€61,107 | +25.8% |
| Stocks | 30/36 | €236,721 | €297,827 | +€61,107 | +25.8% |
| Amounts receivable within one year | 40/41 | €4,430 | €153,701 | +€149,271 | +3,370% |
| Trade receivables | 40 | €44 | €2,250 | +€2,207 | +5,072% |
| Other amounts receivable | 41 | €4,386 | €151,451 | +€147,065 | +3,353% |
| Cash at bank and in hand | 54/58 | €366,330 | €317,668 | -€48,662 | -13.3% |
| Deferred charges and accrued income | 490/1 | €6,540 | €9,031 | +€2,491 | +38.1% |
| Total equity and liabilities | 10/49 | €614,021 | €778,228 | +€164,207 | +26.7% |
| Equity | 10/15 | €442,334 | €447,044 | +€4,710 | +1.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €342,000 | €347,000 | +€5,000 | +1.5% |
| Distributable reserves | 133 | €342,000 | €347,000 | +€5,000 | +1.5% |
| Profit (loss) carried forward | 14 | €334 | €44 | -€290 | -86.7% |
| Amounts payable | 17/49 | €171,687 | €331,183 | +€159,497 | +92.9% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €169,230 | €25,754 | -€143,476 | -84.8% |
| Current portion of amounts payable after more than one year | 42 | €2,605 | - | -€2,605 | |
| Trade debts | 44 | €16,626 | €25,747 | +€9,121 | +54.9% |
| Suppliers | 440/4 | €16,626 | €25,747 | +€9,121 | +54.9% |
| Other amounts payable | 47/48 | €150,000 | €7 | -€149,993 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,456 | €5,429 | +€2,973 | +121% |
| Non-recurring operating income | 76A | €1,765 | - | -€1,765 | |
| Other operating charges | 640/8 | €11,995 | €5,286 | -€6,709 | -55.9% |
| Non-recurring operating charges | 66A | - | €2,076 | +€2,076 | |
| Gross operating margin | 9900 | €20,383 | €12,481 | -€7,902 | -38.8% |
| Operating profit (loss) | 9901 | €8,388 | €5,119 | -€3,269 | -39.0% |
| Financial income | 75/76B | €2,072 | €8 | -€2,064 | -99.6% |
| Recurring financial income | 75 | €2,072 | €8 | -€2,064 | -99.6% |
| Financial charges | 65/66B | €209 | €416 | +€208 | +99.5% |
| Recurring financial charges | 65 | €209 | €416 | +€208 | +99.5% |
| Profit (loss) for the period before taxes | 9903 | €10,251 | €4,711 | -€5,541 | -54.0% |
| Income taxes | 67/77 | -€729 | €0 | +€729 | |
| Profit (loss) for the period | 9904 | €10,980 | €4,710 | -€6,270 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,980 | €4,710 | -€6,270 | -57.1% |
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 28 October 2026 via checked.be.