Immo Vaeyens: 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 Vaeyens
Largest movements
- Tangible fixed assets -€13,491
down €13,491 (-3.6%), from €372,255 to €358,764
- Receivables within one year +€8,000
up €8,000 (+15.6%), from €51,256 to €59,256
- Debts after one year -€12,327
down €12,327 (-74.4%), from €16,564 to €4,237
- Profit (loss) carried forward +€8,015
up €8,015 (+59.8%), from -€13,398 to -€5,384
- Gross operating margin +€3,895
up €3,895 (+15.6%), from €24,974 to €28,870
- Financial charges -€530
down €530 (-31.1%), from €1,703 to €1,173
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 | €424,544 | €420,944 | -€3,601 | -0.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €372,255 | €358,764 | -€13,491 | -3.6% |
| Tangible fixed assets | 22/27 | €372,255 | €358,764 | -€13,491 | -3.6% |
| Land and buildings | 22 | €372,255 | €358,764 | -€13,491 | -3.6% |
| Current assets | 29/58 | €52,289 | €62,180 | +€9,890 | +18.9% |
| Amounts receivable within one year | 40/41 | €51,256 | €59,256 | +€8,000 | +15.6% |
| Other amounts receivable | 41 | €51,256 | €59,256 | +€8,000 | +15.6% |
| Cash at bank and in hand | 54/58 | €1,033 | €1,680 | +€647 | +62.6% |
| Deferred charges and accrued income | 490/1 | - | €1,244 | +€1,244 | |
| Total equity and liabilities | 10/49 | €424,544 | €420,944 | -€3,601 | -0.8% |
| Equity | 10/15 | €381,602 | €389,616 | +€8,015 | +2.1% |
| Contributions | 10/11 | €395,000 | €395,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,398 | -€5,384 | +€8,015 | +59.8% |
| Amounts payable | 17/49 | €42,943 | €31,327 | -€11,615 | -27.0% |
| Amounts payable after more than one year | 17 | €16,564 | €4,237 | -€12,327 | -74.4% |
| Financial debts | 170/4 | €16,564 | €4,237 | -€12,327 | -74.4% |
| Amounts payable within one year | 42/48 | €25,306 | €25,859 | +€553 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €11,774 | €12,327 | +€553 | +4.7% |
| Other amounts payable | 47/48 | €13,532 | €13,532 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,073 | €1,232 | +€159 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,491 | €13,491 | = | 0.0% |
| Other operating charges | 640/8 | €6,005 | €6,191 | +€186 | +3.1% |
| Gross operating margin | 9900 | €24,974 | €28,870 | +€3,895 | +15.6% |
| Operating profit (loss) | 9901 | €5,478 | €9,188 | +€3,710 | +67.7% |
| Financial charges | 65/66B | €1,703 | €1,173 | -€530 | -31.1% |
| Recurring financial charges | 65 | €1,703 | €1,173 | -€530 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €3,775 | €8,015 | +€4,240 | +112% |
| Profit (loss) for the period | 9904 | €3,775 | €8,015 | +€4,240 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €3,775 | €8,015 | +€4,240 | +112% |
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 21 October 2026 via checked.be.