IMMO SNV: what changed
Two fiscal 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 SNV
Largest movements
- Deferred charges and accrued income +€33,734
up €33,734 (+2782.8%), from €1,212 to €34,947
- Tangible fixed assets -€27,180
down €27,180 (-4.9%), from €556,229 to €529,050
of which Land and buildings: -€19,477
- Cash +€15,301
up €15,301 (+434.8%), from €3,519 to €18,821
mainly Depreciation (+€27,180) and Net result for the year (+€11,887)
- Receivables within one year +€11,404
up €11,404 (+41.3%), from €27,600 to €39,004
of which Trade receivables: +€10,206
- Profit (loss) carried forward +€11,887
up €11,887, from -€7,536 to €4,350
- Trade debts +€9,837
new in 2025: €9,837
- Debts after one year +€9,119
up €9,119 (+1.8%), from €501,389 to €510,508
- Financial charges -€28,798
down €28,798 (-60.7%), from €47,411 to €18,613
- Gross operating margin -€3,722
down €3,722 (-5.4%), from €69,280 to €65,559
- Other operating charges +€3,179
up €3,179 (+93.2%), from €3,411 to €6,590
- Taxes +€1,290
new in 2025: €1,290
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.
Cash bridge derived
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 | €649,725 | €682,985 | +€33,260 | +5.1% |
| Fixed assets | 21/28 | €556,229 | €529,050 | -€27,180 | -4.9% |
| Tangible fixed assets | 22/27 | €556,229 | €529,050 | -€27,180 | -4.9% |
| Land and buildings | 22 | €473,271 | €453,794 | -€19,477 | -4.1% |
| Plant, machinery and equipment | 23 | €82,958 | €75,255 | -€7,703 | -9.3% |
| Current assets | 29/58 | €93,496 | €153,935 | +€60,439 | +64.6% |
| Amounts receivable after more than one year | 29 | €61,164 | €61,164 | = | 0.0% |
| Other amounts receivable | 291 | €61,164 | €61,164 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,600 | €39,004 | +€11,404 | +41.3% |
| Trade receivables | 40 | €27,600 | €37,806 | +€10,206 | +37.0% |
| Other amounts receivable | 41 | - | €1,198 | +€1,198 | |
| Cash at bank and in hand | 54/58 | €3,519 | €18,821 | +€15,301 | +434.8% |
| Deferred charges and accrued income | 490/1 | €1,212 | €34,947 | +€33,734 | +2782.8% |
| Total equity and liabilities | 10/49 | €649,725 | €682,985 | +€33,260 | +5.1% |
| Equity | 10/15 | €12,924 | €24,810 | +€11,887 | +92.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,536 | €4,350 | +€11,887 | |
| Amounts payable | 17/49 | €636,801 | €658,174 | +€21,373 | +3.4% |
| Amounts payable after more than one year | 17 | €501,389 | €510,508 | +€9,119 | +1.8% |
| Financial debts | 170/4 | €501,389 | €510,508 | +€9,119 | +1.8% |
| Amounts payable within one year | 42/48 | €135,412 | €147,667 | +€12,254 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €21,766 | €23,405 | +€1,639 | +7.5% |
| Trade debts | 44 | - | €9,837 | +€9,837 | |
| Suppliers | 440/4 | - | €9,837 | +€9,837 | |
| Taxes, remuneration and social security | 45 | €316 | €1,290 | +€974 | +308.5% |
| Taxes | 450/3 | €316 | €1,290 | +€974 | +308.5% |
| Other amounts payable | 47/48 | €113,331 | €113,136 | -€195 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,866 | €27,180 | +€313 | +1.2% |
| Other operating charges | 640/8 | €3,411 | €6,590 | +€3,179 | +93.2% |
| Gross operating margin | 9900 | €69,280 | €65,559 | -€3,722 | -5.4% |
| Operating profit (loss) | 9901 | €39,003 | €31,789 | -€7,214 | -18.5% |
| Financial charges | 65/66B | €47,411 | €18,613 | -€28,798 | -60.7% |
| Recurring financial charges | 65 | €47,411 | €18,613 | -€28,798 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,407 | €13,176 | +€21,584 | |
| Income taxes | 67/77 | - | €1,290 | +€1,290 | |
| Profit (loss) for the period | 9904 | -€8,407 | €11,887 | +€20,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,407 | €11,887 | +€20,294 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.