IMMO VALLEO: 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 VALLEO
Largest movements
- Tangible fixed assets -€17,804
down €17,804 (-3.4%), from €528,865 to €511,061
of which Land and buildings: -€16,589
- Debts after one year -€22,796
down €22,796 (-5.7%), from €399,315 to €376,518
- Gross operating margin -€5,387
down €5,387 (-13.3%), from €40,448 to €35,061
- Depreciation -€768
down €768 (-4.1%), from €18,572 to €17,804
- Financial charges -€595
down €595 (-5.5%), from €10,773 to €10,178
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 | €548,148 | €531,154 | -€16,994 | -3.1% |
| Fixed assets | 21/28 | €530,043 | €512,239 | -€17,804 | -3.4% |
| Tangible fixed assets | 22/27 | €528,865 | €511,061 | -€17,804 | -3.4% |
| Land and buildings | 22 | €522,999 | €506,410 | -€16,589 | -3.2% |
| Other tangible fixed assets | 26 | €5,866 | €4,651 | -€1,215 | -20.7% |
| Financial fixed assets | 28 | €1,179 | €1,179 | = | 0.0% |
| Current assets | 29/58 | €18,105 | €18,915 | +€810 | +4.5% |
| Amounts receivable within one year | 40/41 | €16,395 | €16,825 | +€430 | +2.6% |
| Other amounts receivable | 41 | €16,395 | €16,825 | +€430 | +2.6% |
| Cash at bank and in hand | 54/58 | €1,368 | €1,735 | +€367 | +26.8% |
| Deferred charges and accrued income | 490/1 | €342 | €355 | +€13 | +3.7% |
| Total equity and liabilities | 10/49 | €548,148 | €531,154 | -€16,994 | -3.1% |
| Equity | 10/15 | -€86,015 | -€82,255 | +€3,760 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,615 | -€100,855 | +€3,760 | +3.6% |
| Amounts payable | 17/49 | €634,163 | €613,410 | -€20,753 | -3.3% |
| Amounts payable after more than one year | 17 | €399,315 | €376,518 | -€22,796 | -5.7% |
| Financial debts | 170/4 | €399,315 | €376,518 | -€22,796 | -5.7% |
| Amounts payable within one year | 42/48 | €234,848 | €236,891 | +€2,043 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €22,251 | €22,796 | +€545 | +2.4% |
| Trade debts | 44 | €1,446 | €2,944 | +€1,498 | +103.6% |
| Suppliers | 440/4 | €1,446 | €2,944 | +€1,498 | +103.6% |
| Other amounts payable | 47/48 | €211,151 | €211,151 | = | 0.0% |
| Non-recurring operating income | 76A | €524 | - | -€524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,572 | €17,804 | -€768 | -4.1% |
| Other operating charges | 640/8 | €3,219 | €3,319 | +€101 | +3.1% |
| Gross operating margin | 9900 | €40,448 | €35,061 | -€5,387 | -13.3% |
| Operating profit (loss) | 9901 | €18,657 | €13,938 | -€4,719 | -25.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10,773 | €10,178 | -€595 | -5.5% |
| Recurring financial charges | 65 | €10,773 | €10,178 | -€595 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €7,884 | €3,760 | -€4,124 | -52.3% |
| Profit (loss) for the period | 9904 | €7,884 | €3,760 | -€4,124 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,884 | €3,760 | -€4,124 | -52.3% |
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 10 October 2026 via checked.be.