IMMO V.H.: 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.H.
Largest movements
- Cash -€42,140
down €42,140 (-48.8%), from €86,376 to €44,237
mainly Trade debts (-€61,550) and Net result for the year (-€42,065)
- Trade debts -€61,550
down €61,550 (-97.6%), from €63,044 to €1,494
- Other debts +€60,000
up €60,000 (+80.0%), from €75,000 to €135,000
- Profit (loss) carried forward -€42,065
down €42,065 (-510%), from -€8,250 to -€50,315
- Other operating charges -€53,598
down €53,598 (-63.2%), from €84,753 to €31,155
- Gross operating margin -€7,080
down €7,080 (-415%), from -€1,705 to -€8,785
- Financial income +€106
up €106 (+49.0%), from €216 to €322
- Financial charges +€97
up €97 (+184%), from €53 to €149
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 | €1,359,861 | €1,316,282 | -€43,580 | -3.2% |
| Fixed assets | 21/28 | €1,273,477 | €1,271,174 | -€2,302 | -0.2% |
| Tangible fixed assets | 22/27 | €1,273,477 | €1,271,174 | -€2,302 | -0.2% |
| Land and buildings | 22 | €1,273,477 | €1,271,174 | -€2,302 | -0.2% |
| Current assets | 29/58 | €86,385 | €45,107 | -€41,277 | -47.8% |
| Amounts receivable within one year | 40/41 | - | €100 | +€100 | |
| Other amounts receivable | 41 | - | €100 | +€100 | |
| Cash at bank and in hand | 54/58 | €86,376 | €44,237 | -€42,140 | -48.8% |
| Deferred charges and accrued income | 490/1 | €8 | €771 | +€762 | +9,332% |
| Total equity and liabilities | 10/49 | €1,359,861 | €1,316,282 | -€43,580 | -3.2% |
| Equity | 10/15 | €1,221,117 | €1,179,052 | -€42,065 | -3.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,161,717 | €1,161,717 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,250 | -€50,315 | -€42,065 | -510% |
| Amounts payable | 17/49 | €138,744 | €137,229 | -€1,515 | -1.1% |
| Amounts payable within one year | 42/48 | €138,044 | €136,494 | -€1,550 | -1.1% |
| Trade debts | 44 | €63,044 | €1,494 | -€61,550 | -97.6% |
| Suppliers | 440/4 | €63,044 | €1,494 | -€61,550 | -97.6% |
| Other amounts payable | 47/48 | €75,000 | €135,000 | +€60,000 | +80.0% |
| Accrued charges and deferred income | 492/3 | €700 | €735 | +€35 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,302 | €2,302 | = | 0.0% |
| Other operating charges | 640/8 | €84,753 | €31,155 | -€53,598 | -63.2% |
| Gross operating margin | 9900 | -€1,705 | -€8,785 | -€7,080 | -415% |
| Operating profit (loss) | 9901 | -€88,760 | -€42,241 | +€46,518 | +52.4% |
| Financial income | 75/76B | €216 | €322 | +€106 | +49.0% |
| Recurring financial income | 75 | €216 | €322 | +€106 | +49.0% |
| Financial charges | 65/66B | €53 | €149 | +€97 | +184% |
| Recurring financial charges | 65 | €53 | €149 | +€97 | +184% |
| Profit (loss) for the period before taxes | 9903 | -€88,596 | -€42,068 | +€46,528 | +52.5% |
| Income taxes | 67/77 | - | -€3 | -€3 | |
| Profit (loss) for the period | 9904 | -€88,596 | -€42,065 | +€46,531 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,596 | -€42,065 | +€46,531 | +52.5% |
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 28 October 2026 via checked.be.