Immo Martin Verde: 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 Martin Verde
Largest movements
- Tangible fixed assets +€211,711
up €211,711 (+68.8%), from €307,798 to €519,509
of which Land and buildings: +€199,674
- Debts after one year +€201,413
up €201,413 (+62.1%), from €324,100 to €525,513
- Other debts +€22,807
new in 2025: €22,807
- Profit (loss) carried forward -€16,418
down €16,418 (-483%), from -€3,402 to -€19,820
- Current portion of long-term debt +€12,060
new in 2025: €12,060
- Accrued charges and deferred income -€8,107
no longer reported in 2025 (was €8,107)
- Financial charges +€15,110
up €15,110 (+1,781%), from €848 to €15,959
- Gross operating margin +€1,846
up €1,846 (+72.3%), from -€2,554 to -€707
- Financial income +€248
new in 2025: €248
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 | €332,805 | €544,560 | +€211,755 | +63.6% |
| Fixed assets | 21/28 | €307,798 | €519,509 | +€211,711 | +68.8% |
| Tangible fixed assets | 22/27 | €307,798 | €519,509 | +€211,711 | +68.8% |
| Land and buildings | 22 | €303,121 | €502,795 | +€199,674 | +65.9% |
| Plant, machinery and equipment | 23 | €4,677 | €16,714 | +€12,037 | +257% |
| Current assets | 29/58 | €25,007 | €25,051 | +€44 | +0.2% |
| Amounts receivable within one year | 40/41 | €22,851 | €22,851 | = | 0.0% |
| Trade receivables | 40 | €22,851 | €22,851 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,156 | €2,200 | +€44 | +2.0% |
| Total equity and liabilities | 10/49 | €332,805 | €544,560 | +€211,755 | +63.6% |
| Equity | 10/15 | €598 | -€15,820 | -€16,418 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,402 | -€19,820 | -€16,418 | -483% |
| Amounts payable | 17/49 | €332,207 | €560,380 | +€228,173 | +68.7% |
| Amounts payable after more than one year | 17 | €324,100 | €525,513 | +€201,413 | +62.1% |
| Financial debts | 170/4 | €324,100 | €525,513 | +€201,413 | +62.1% |
| Amounts payable within one year | 42/48 | - | €34,867 | +€34,867 | |
| Current portion of amounts payable after more than one year | 42 | - | €12,060 | +€12,060 | |
| Other amounts payable | 47/48 | - | €22,807 | +€22,807 | |
| Accrued charges and deferred income | 492/3 | €8,107 | - | -€8,107 | |
| Gross operating margin | 9900 | -€2,554 | -€707 | +€1,846 | +72.3% |
| Operating profit (loss) | 9901 | -€2,554 | -€707 | +€1,846 | +72.3% |
| Financial income | 75/76B | - | €248 | +€248 | |
| Recurring financial income | 75 | - | €248 | +€248 | |
| Financial charges | 65/66B | €848 | €15,959 | +€15,110 | +1,781% |
| Recurring financial charges | 65 | €848 | €15,959 | +€15,110 | +1,781% |
| Profit (loss) for the period before taxes | 9903 | -€3,402 | -€16,418 | -€13,016 | -383% |
| Profit (loss) for the period | 9904 | -€3,402 | -€16,418 | -€13,016 | -383% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,402 | -€16,418 | -€13,016 | -383% |
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 31 October 2026 via checked.be.