IMMO VALTI: 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 VALTI
Largest movements
- Cash +€20,560
up €20,560 (+51.5%), from €39,957 to €60,516
mainly Net result for the year (+€24,137) and Other debts (+€5,994)
- Tangible fixed assets -€2,949
down €2,949 (-4.4%), from €67,475 to €64,527
of which Land and buildings: -€2,550
- Profit (loss) carried forward +€24,137
up €24,137 (+37.3%), from €64,640 to €88,778
- Debts after one year -€6,587
no longer reported in 2024 (was €6,587)
- Other debts +€5,994
up €5,994 (+185.9%), from €3,224 to €9,218
- Tax, wage and social debts -€3,700
no longer reported in 2024 (was €3,700)
- Current portion of long-term debt -€1,888
down €1,888 (-22.3%), from €8,475 to €6,587
- Purchases and services +€17,347
new in 2024: €17,347
- Gross operating margin +€4,595
up €4,595 (+16.0%), from €28,662 to €33,257
- Taxes -€4,031
down €4,031 (-69.5%), from €5,801 to €1,770
- Financial charges -€352
down €352 (-31.7%), from €1,111 to €759
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,432 | €125,043 | +€17,611 | +16.4% |
| Fixed assets | 21/28 | €67,475 | €64,527 | -€2,949 | -4.4% |
| Tangible fixed assets | 22/27 | €67,475 | €64,527 | -€2,949 | -4.4% |
| Land and buildings | 22 | €66,213 | €63,663 | -€2,550 | -3.9% |
| Furniture and vehicles | 24 | €1,263 | €864 | -€399 | -31.6% |
| Current assets | 29/58 | €39,957 | €60,516 | +€20,560 | +51.5% |
| Cash at bank and in hand | 54/58 | €39,957 | €60,516 | +€20,560 | +51.5% |
| Total equity and liabilities | 10/49 | €107,432 | €125,043 | +€17,611 | +16.4% |
| Equity | 10/15 | €85,100 | €109,238 | +€24,137 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,640 | €88,778 | +€24,137 | +37.3% |
| Amounts payable | 17/49 | €22,331 | €15,805 | -€6,526 | -29.2% |
| Amounts payable after more than one year | 17 | €6,587 | - | -€6,587 | |
| Financial debts | 170/4 | €6,587 | - | -€6,587 | |
| Amounts payable within one year | 42/48 | €15,399 | €15,805 | +€406 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €8,475 | €6,587 | -€1,888 | -22.3% |
| Taxes, remuneration and social security | 45 | €3,700 | - | -€3,700 | |
| Taxes | 450/3 | €3,700 | - | -€3,700 | |
| Other amounts payable | 47/48 | €3,224 | €9,218 | +€5,994 | +185.9% |
| Accrued charges and deferred income | 492/3 | €345 | - | -€345 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,347 | +€17,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,976 | €2,949 | -€27 | -0.9% |
| Other operating charges | 640/8 | €3,512 | €3,642 | +€130 | +3.7% |
| Gross operating margin | 9900 | €28,662 | €33,257 | +€4,595 | +16.0% |
| Operating profit (loss) | 9901 | €22,174 | €26,666 | +€4,493 | +20.3% |
| Financial charges | 65/66B | €1,111 | €759 | -€352 | -31.7% |
| Recurring financial charges | 65 | €1,111 | €759 | -€352 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €21,063 | €25,908 | +€4,845 | +23.0% |
| Income taxes | 67/77 | €5,801 | €1,770 | -€4,031 | -69.5% |
| Profit (loss) for the period | 9904 | €15,262 | €24,137 | +€8,876 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,262 | €24,137 | +€8,876 | +58.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.