IMMO VANCANNEYT: 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 VANCANNEYT
Largest movements
- Receivables within one year -€34,000
down €34,000 (-10.2%), from €332,500 to €298,500
- Cash -€17,400
down €17,400 (-66.9%), from €26,003 to €8,603
mainly Other debts (-€19,000) and Investment in fixed assets (net) (-€15,000)
- Tangible fixed assets +€13,500
up €13,500 (+33.9%), from €39,805 to €53,305
- Other debts -€19,000
down €19,000 (-64.7%), from €29,376 to €10,376
- Profit (loss) carried forward -€12,805
down €12,805 (-34.0%), from -€37,616 to -€50,421
- Trade debts -€4,632
down €4,632 (-75.6%), from €6,128 to €1,496
- Gross operating margin -€308,955
down €308,955, from €305,196 to -€3,759
- Other operating charges -€4,888
down €4,888 (-39.0%), from €12,524 to €7,636
- Purchases and services +€4,172
new in 2025: €4,172
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 | €398,307 | €360,408 | -€37,900 | -9.5% |
| Fixed assets | 21/28 | €39,805 | €53,305 | +€13,500 | +33.9% |
| Tangible fixed assets | 22/27 | €39,805 | €53,305 | +€13,500 | +33.9% |
| Land and buildings | 22 | €39,805 | €53,305 | +€13,500 | +33.9% |
| Current assets | 29/58 | €358,503 | €307,103 | -€51,400 | -14.3% |
| Amounts receivable within one year | 40/41 | €332,500 | €298,500 | -€34,000 | -10.2% |
| Other amounts receivable | 41 | €332,500 | €298,500 | -€34,000 | -10.2% |
| Cash at bank and in hand | 54/58 | €26,003 | €8,603 | -€17,400 | -66.9% |
| Total equity and liabilities | 10/49 | €398,307 | €360,408 | -€37,900 | -9.5% |
| Equity | 10/15 | €285,243 | €271,524 | -€13,719 | -4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €316,659 | €315,745 | -€914 | -0.3% |
| Tax-exempt reserves | 132 | €231,442 | €230,529 | -€914 | -0.4% |
| Distributable reserves | 133 | €85,217 | €85,217 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,616 | -€50,421 | -€12,805 | -34.0% |
| Provisions and deferred taxes | 16 | €77,147 | €76,843 | -€305 | -0.4% |
| Deferred taxes | 168 | €77,147 | €76,843 | -€305 | -0.4% |
| Amounts payable | 17/49 | €35,917 | €12,040 | -€23,876 | -66.5% |
| Amounts payable within one year | 42/48 | €35,504 | €11,872 | -€23,632 | -66.6% |
| Trade debts | 44 | €6,128 | €1,496 | -€4,632 | -75.6% |
| Suppliers | 440/4 | €6,128 | €1,496 | -€4,632 | -75.6% |
| Other amounts payable | 47/48 | €29,376 | €10,376 | -€19,000 | -64.7% |
| Accrued charges and deferred income | 492/3 | €413 | €168 | -€245 | -59.3% |
| Non-recurring operating income | 76A | €308,590 | - | -€308,590 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,172 | +€4,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,485 | €1,500 | -€1,985 | -57.0% |
| Other operating charges | 640/8 | €12,524 | €7,636 | -€4,888 | -39.0% |
| Gross operating margin | 9900 | €305,196 | -€3,759 | -€308,955 | |
| Operating profit (loss) | 9901 | €289,187 | -€12,895 | -€302,082 | |
| Financial income | 75/76B | €841 | - | -€841 | |
| Recurring financial income | 75 | €841 | - | -€841 | |
| Financial charges | 65/66B | €544 | €1,128 | +€584 | +107% |
| Recurring financial charges | 65 | €544 | €1,128 | +€584 | +107% |
| Profit (loss) for the period before taxes | 9903 | €289,484 | -€14,023 | -€303,507 | |
| Transfer from deferred taxes | 780 | - | €305 | +€305 | |
| Profit (loss) for the period | 9904 | €289,484 | -€13,719 | -€303,203 | |
| Transfer from tax-exempt reserves | 789 | - | €914 | +€914 | |
| Profit (loss) for the period to be appropriated | 9905 | €289,484 | -€12,805 | -€302,289 |
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 1 November 2026 via checked.be.