IMMO V.B.: 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 V.B.
Largest movements
- Cash +€137,289
up €137,289 (+157.6%), from €87,127 to €224,416
mainly Current investments (+€124,600) and Net result for the year (+€31,756)
- Current investments -€124,600
no longer reported in 2025 (was €124,600)
- Receivables within one year -€3,868
no longer reported in 2025 (was €3,868)
- Reserves +€6,896
up €6,896 (+3.3%), from €208,883 to €215,779
of which Non-distributable reserves: +€6,200
- Taxes +€790
up €790 (+5.3%), from €14,977 to €15,766
- Other operating charges +€775
up €775 (+4.9%), from €15,840 to €16,615
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 | €274,272 | €282,895 | +€8,622 | +3.1% |
| Fixed assets | 21/28 | €58,678 | €58,479 | -€199 | -0.3% |
| Tangible fixed assets | 22/27 | €58,678 | €58,479 | -€199 | -0.3% |
| Land and buildings | 22 | €58,678 | €58,479 | -€199 | -0.3% |
| Current assets | 29/58 | €215,594 | €224,416 | +€8,822 | +4.1% |
| Amounts receivable within one year | 40/41 | €3,868 | - | -€3,868 | |
| Other amounts receivable | 41 | €3,868 | - | -€3,868 | |
| Current investments | 50/53 | €124,600 | - | -€124,600 | |
| Cash at bank and in hand | 54/58 | €87,127 | €224,416 | +€137,289 | +157.6% |
| Total equity and liabilities | 10/49 | €274,272 | €282,895 | +€8,622 | +3.1% |
| Equity | 10/15 | €270,883 | €277,779 | +€6,896 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €208,883 | €215,779 | +€6,896 | +3.3% |
| Non-distributable reserves | 130/1 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €208,883 | €209,579 | +€696 | +0.3% |
| Amounts payable | 17/49 | €3,389 | €5,116 | +€1,726 | +50.9% |
| Amounts payable within one year | 42/48 | €3,389 | €5,116 | +€1,726 | +50.9% |
| Trade debts | 44 | - | €55 | +€55 | |
| Suppliers | 440/4 | - | €55 | +€55 | |
| Taxes, remuneration and social security | 45 | €3,389 | €5,061 | +€1,671 | +49.3% |
| Taxes | 450/3 | €3,389 | €5,061 | +€1,671 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199 | €199 | = | 0.0% |
| Other operating charges | 640/8 | €15,840 | €16,615 | +€775 | +4.9% |
| Gross operating margin | 9900 | €64,053 | €63,625 | -€428 | -0.7% |
| Operating profit (loss) | 9901 | €48,013 | €46,811 | -€1,203 | -2.5% |
| Financial income | 75/76B | €902 | €757 | -€145 | -16.1% |
| Recurring financial income | 75 | €902 | €757 | -€145 | -16.1% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €48,871 | €47,523 | -€1,348 | -2.8% |
| Income taxes | 67/77 | €14,977 | €15,766 | +€790 | +5.3% |
| Profit (loss) for the period | 9904 | €33,894 | €31,756 | -€2,137 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,894 | €31,756 | -€2,137 | -6.3% |
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.