IMMO DE VUYST: 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 VUYST
Largest movements
- Tangible fixed assets +€317,939
up €317,939 (+14.6%), from €2.2m to €2.5m
of which Land and buildings: +€322,939
- Current investments +€220,607
up €220,607 (+52.4%), from €421,372 to €641,979
- Cash +€101,179
up €101,179 (+1,466%), from €6,902 to €108,081
mainly Other debts (+€429,887) and Net result for the year (+€179,327)
- Other debts +€429,887
up €429,887 (+125%), from €342,995 to €772,882
- Reserves +€179,327
up €179,327 (+9.9%), from €1.8m to €2.0m
of which Distributable reserves: +€208,852
- Tax, wage and social debts +€44,864
up €44,864, from €0 to €44,864
- Gross operating margin +€300,024
up €300,024, from -€7,693 to €292,331
- Financial income -€59,500
down €59,500 (-92.9%), from €64,075 to €4,575
- Taxes +€36,669
up €36,669 (+7,641%), from €480 to €37,149
- Financial charges -€12,204
down €12,204 (-31.4%), from €38,890 to €26,685
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 | €2,610,232 | €3,250,265 | +€640,032 | +24.5% |
| Fixed assets | 21/28 | €2,180,644 | €2,498,583 | +€317,939 | +14.6% |
| Tangible fixed assets | 22/27 | €2,180,644 | €2,498,583 | +€317,939 | +14.6% |
| Land and buildings | 22 | €2,174,000 | €2,496,939 | +€322,939 | +14.9% |
| Furniture and vehicles | 24 | €6,644 | €1,644 | -€5,000 | -75.3% |
| Current assets | 29/58 | €429,588 | €751,681 | +€322,093 | +75.0% |
| Amounts receivable within one year | 40/41 | €202 | €202 | = | 0.0% |
| Other amounts receivable | 41 | €202 | €202 | = | 0.0% |
| Current investments | 50/53 | €421,372 | €641,979 | +€220,607 | +52.4% |
| Cash at bank and in hand | 54/58 | €6,902 | €108,081 | +€101,179 | +1,466% |
| Deferred charges and accrued income | 490/1 | €1,111 | €1,419 | +€307 | +27.7% |
| Total equity and liabilities | 10/49 | €2,610,232 | €3,250,265 | +€640,032 | +24.5% |
| Equity | 10/15 | €1,932,668 | €2,111,994 | +€179,327 | +9.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,808,668 | €1,987,994 | +€179,327 | +9.9% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €898,140 | €868,615 | -€29,525 | -3.3% |
| Distributable reserves | 133 | €898,128 | €1,106,980 | +€208,852 | +23.3% |
| Provisions and deferred taxes | 16 | €299,380 | €289,538 | -€9,842 | -3.3% |
| Deferred taxes | 168 | €299,380 | €289,538 | -€9,842 | -3.3% |
| Amounts payable | 17/49 | €378,185 | €848,732 | +€470,547 | +124% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €351,059 | €823,407 | +€472,348 | +135% |
| Trade debts | 44 | €8,064 | €5,661 | -€2,403 | -29.8% |
| Suppliers | 440/4 | €8,064 | €5,661 | -€2,403 | -29.8% |
| Taxes, remuneration and social security | 45 | €0 | €44,864 | +€44,864 | |
| Taxes | 450/3 | €0 | €44,864 | +€44,864 | |
| Other amounts payable | 47/48 | €342,995 | €772,882 | +€429,887 | +125% |
| Accrued charges and deferred income | 492/3 | €27,125 | €25,325 | -€1,801 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,807 | €59,992 | +€185 | +0.3% |
| Other operating charges | 640/8 | €3,723 | €3,595 | -€128 | -3.4% |
| Gross operating margin | 9900 | -€7,693 | €292,331 | +€300,024 | |
| Operating profit (loss) | 9901 | -€71,223 | €228,744 | +€299,967 | |
| Financial income | 75/76B | €64,075 | €4,575 | -€59,500 | -92.9% |
| Recurring financial income | 75 | €64,075 | €4,575 | -€59,500 | -92.9% |
| Financial charges | 65/66B | €38,890 | €26,685 | -€12,204 | -31.4% |
| Recurring financial charges | 65 | €38,890 | €26,685 | -€12,204 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€46,038 | €206,634 | +€252,672 | |
| Transfer from deferred taxes | 780 | €11,004 | €9,842 | -€1,162 | -10.6% |
| Income taxes | 67/77 | €480 | €37,149 | +€36,669 | +7,641% |
| Profit (loss) for the period | 9904 | -€35,514 | €179,327 | +€214,840 | |
| Transfer from tax-exempt reserves | 789 | €33,012 | €29,525 | -€3,487 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,502 | €208,852 | +€211,353 |
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 24 October 2026 via checked.be.