IMMO V.V.: 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.V.
Largest movements
- Tangible fixed assets +€601,336
up €601,336 (+89.3%), from €673,705 to €1.3m
of which Land and buildings: +€582,354
- Debts after one year +€621,913
up €621,913 (+134.3%), from €462,947 to €1.1m
- Profit (loss) carried forward -€246,657
down €246,657, from €72,001 to -€174,656
- Other debts +€163,179
up €163,179 (+146.6%), from €111,280 to €274,459
- Current portion of long-term debt +€37,640
up €37,640 (+149.1%), from €25,243 to €62,883
- Tax, wage and social debts +€34,168
up €34,168 (+2019.8%), from €1,692 to €35,859
- Depreciation +€441,208
up €441,208 (+1837.9%), from €24,006 to €465,214
- Gross operating margin +€202,675
up €202,675 (+524.7%), from €38,625 to €241,300
- Financial charges +€10,015
up €10,015 (+91.4%), from €10,962 to €20,977
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 | €681,719 | €1,287,310 | +€605,591 | +88.8% |
| Fixed assets | 21/28 | €673,705 | €1,275,041 | +€601,336 | +89.3% |
| Tangible fixed assets | 22/27 | €673,705 | €1,275,041 | +€601,336 | +89.3% |
| Land and buildings | 22 | €673,705 | €1,256,058 | +€582,354 | +86.4% |
| Plant, machinery and equipment | 23 | - | €16,834 | +€16,834 | |
| Furniture and vehicles | 24 | - | €2,149 | +€2,149 | |
| Current assets | 29/58 | €8,014 | €12,269 | +€4,255 | +53.1% |
| Amounts receivable within one year | 40/41 | €152 | €2,434 | +€2,282 | +1499.7% |
| Trade receivables | 40 | - | €2,434 | +€2,434 | |
| Other amounts receivable | 41 | €152 | €0 | -€152 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,493 | €9,835 | +€2,342 | +31.3% |
| Deferred charges and accrued income | 490/1 | €369 | €0 | -€369 | -100.0% |
| Total equity and liabilities | 10/49 | €681,719 | €1,287,310 | +€605,591 | +88.8% |
| Equity | 10/15 | €75,001 | -€171,656 | -€246,657 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,001 | -€174,656 | -€246,657 | |
| Amounts payable | 17/49 | €606,718 | €1,458,966 | +€852,248 | +140.5% |
| Amounts payable after more than one year | 17 | €462,947 | €1,084,860 | +€621,913 | +134.3% |
| Financial debts | 170/4 | €462,947 | €1,084,860 | +€621,913 | +134.3% |
| Amounts payable within one year | 42/48 | €143,770 | €374,106 | +€230,335 | +160.2% |
| Current portion of amounts payable after more than one year | 42 | €25,243 | €62,883 | +€37,640 | +149.1% |
| Trade debts | 44 | €5,555 | €904 | -€4,651 | -83.7% |
| Suppliers | 440/4 | €5,555 | €904 | -€4,651 | -83.7% |
| Taxes, remuneration and social security | 45 | €1,692 | €35,859 | +€34,168 | +2019.8% |
| Taxes | 450/3 | €1,692 | €35,859 | +€34,168 | +2019.8% |
| Other amounts payable | 47/48 | €111,280 | €274,459 | +€163,179 | +146.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,006 | €465,214 | +€441,208 | +1837.9% |
| Other operating charges | 640/8 | €1,571 | €1,766 | +€195 | +12.4% |
| Gross operating margin | 9900 | €38,625 | €241,300 | +€202,675 | +524.7% |
| Operating profit (loss) | 9901 | €13,048 | -€225,680 | -€238,729 | |
| Financial charges | 65/66B | €10,962 | €20,977 | +€10,015 | +91.4% |
| Recurring financial charges | 65 | €10,962 | €20,977 | +€10,015 | +91.4% |
| Profit (loss) for the period before taxes | 9903 | €2,087 | -€246,657 | -€248,744 | |
| Income taxes | 67/77 | €417 | €0 | -€417 | -100.0% |
| Profit (loss) for the period | 9904 | €1,669 | -€246,657 | -€248,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,669 | -€246,657 | -€248,327 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.