Immo V.D.K.: 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 V.D.K.
Largest movements
- Tangible fixed assets -€26,077
down €26,077 (-19.1%), from €136,207 to €110,129
of which Other tangible fixed assets: -€26,077
- Other debts -€18,987
down €18,987 (-6.6%), from €288,767 to €269,780
- Profit (loss) carried forward -€8,813
down €8,813 (-5.5%), from -€159,752 to -€168,565
- Depreciation -€3,522
down €3,522 (-11.0%), from €32,144 to €28,622
- Gross operating margin +€1,985
up €1,985 (+9.3%), from €21,429 to €23,414
- Financial income +€1,321
up €1,321 (+275%), from €481 to €1,802
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 | €198,972 | €171,171 | -€27,801 | -14.0% |
| Fixed assets | 21/28 | €136,207 | €110,129 | -€26,077 | -19.1% |
| Tangible fixed assets | 22/27 | €136,207 | €110,129 | -€26,077 | -19.1% |
| Land and buildings | 22 | €11,961 | €11,961 | = | 0.0% |
| Other tangible fixed assets | 26 | €124,246 | €98,168 | -€26,077 | -21.0% |
| Current assets | 29/58 | €62,765 | €61,042 | -€1,723 | -2.7% |
| Amounts receivable within one year | 40/41 | €226 | €685 | +€459 | +203% |
| Other amounts receivable | 41 | €226 | €685 | +€459 | +203% |
| Cash at bank and in hand | 54/58 | €61,219 | €60,357 | -€863 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,320 | - | -€1,320 | |
| Total equity and liabilities | 10/49 | €198,972 | €171,171 | -€27,801 | -14.0% |
| Equity | 10/15 | -€89,796 | -€98,609 | -€8,813 | -9.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,956 | €7,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,756 | €1,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,752 | -€168,565 | -€8,813 | -5.5% |
| Amounts payable | 17/49 | €288,767 | €269,780 | -€18,987 | -6.6% |
| Amounts payable within one year | 42/48 | €288,767 | €269,780 | -€18,987 | -6.6% |
| Other amounts payable | 47/48 | €288,767 | €269,780 | -€18,987 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,144 | €28,622 | -€3,522 | -11.0% |
| Other operating charges | 640/8 | €5,269 | €5,357 | +€88 | +1.7% |
| Gross operating margin | 9900 | €21,429 | €23,414 | +€1,985 | +9.3% |
| Operating profit (loss) | 9901 | -€15,984 | -€10,565 | +€5,419 | +33.9% |
| Financial income | 75/76B | €481 | €1,802 | +€1,321 | +275% |
| Recurring financial income | 75 | €481 | €1,802 | +€1,321 | +275% |
| Financial charges | 65/66B | €4 | €50 | +€46 | +1,167% |
| Recurring financial charges | 65 | €4 | €50 | +€46 | +1,167% |
| Profit (loss) for the period before taxes | 9903 | -€15,507 | -€8,813 | +€6,694 | +43.2% |
| Income taxes | 67/77 | -€81 | - | +€81 | |
| Profit (loss) for the period | 9904 | -€15,425 | -€8,813 | +€6,612 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,425 | -€8,813 | +€6,612 | +42.9% |
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 14 October 2026 via checked.be.