IMMO V.D.S.: 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.S.
Largest movements
- Receivables after one year +€27,681
up €27,681 (+2.4%), from €1.1m to €1.2m
- Profit (loss) carried forward +€18,642
up €18,642 (+1.6%), from €1.2m to €1.2m
- Financial income -€968
down €968 (-3.4%), from €28,648 to €27,681
- Taxes -€536
down €536 (-7.3%), from €7,322 to €6,786
- Gross operating margin -€375
down €375 (-66.9%), from -€561 to -€936
- Financial charges +€67
up €67 (+26.4%), from €252 to €319
- Other operating charges +€31
up €31 (+3.2%), from €968 to €998
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 | €1,343,883 | €1,369,363 | +€25,480 | +1.9% |
| Current assets | 29/58 | €1,343,883 | €1,369,363 | +€25,480 | +1.9% |
| Amounts receivable after more than one year | 29 | €1,148,889 | €1,176,570 | +€27,681 | +2.4% |
| Other amounts receivable | 291 | €1,148,889 | €1,176,570 | +€27,681 | +2.4% |
| Amounts receivable within one year | 40/41 | €191,517 | €191,517 | = | 0.0% |
| Other amounts receivable | 41 | €191,517 | €191,517 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,477 | €1,277 | -€2,201 | -63.3% |
| Total equity and liabilities | 10/49 | €1,343,883 | €1,369,363 | +€25,480 | +1.9% |
| Equity | 10/15 | €1,238,614 | €1,257,256 | +€18,642 | +1.5% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,170,414 | €1,189,056 | +€18,642 | +1.6% |
| Amounts payable | 17/49 | €105,269 | €112,108 | +€6,838 | +6.5% |
| Amounts payable within one year | 42/48 | €105,269 | €112,108 | +€6,838 | +6.5% |
| Taxes, remuneration and social security | 45 | €13,269 | €14,108 | +€838 | +6.3% |
| Taxes | 450/3 | €13,269 | €14,108 | +€838 | +6.3% |
| Other amounts payable | 47/48 | €92,000 | €98,000 | +€6,000 | +6.5% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€561 | -€936 | -€375 | -66.9% |
| Operating profit (loss) | 9901 | -€1,528 | -€1,934 | -€406 | -26.6% |
| Financial income | 75/76B | €28,648 | €27,681 | -€968 | -3.4% |
| Recurring financial income | 75 | €28,648 | €27,681 | -€968 | -3.4% |
| Financial charges | 65/66B | €252 | €319 | +€67 | +26.4% |
| Recurring financial charges | 65 | €252 | €319 | +€67 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €26,868 | €25,428 | -€1,440 | -5.4% |
| Income taxes | 67/77 | €7,322 | €6,786 | -€536 | -7.3% |
| Profit (loss) for the period | 9904 | €19,546 | €18,642 | -€905 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,546 | €18,642 | -€905 | -4.6% |
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 13 October 2026 via checked.be.