IMMO VANDENBUSSCHE: 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 VANDENBUSSCHE
Largest movements
- Tangible fixed assets -€1,755
down €1,755 (-3.8%), from €46,187 to €44,431
- Cash +€1,486
up €1,486 (+270%), from €551 to €2,037
mainly Depreciation (+€1,755) and Net result for the year (+€1,276)
- Debts after one year -€1,754
down €1,754 (-5.4%), from €32,391 to €30,637
- Profit (loss) carried forward +€1,276
up €1,276 (+17.2%), from €7,409 to €8,686
- Taxes +€390
up €390 (+521%), from €75 to €465
- Gross operating margin -€70
down €70 (-1.5%), from €4,795 to €4,724
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 | €46,738 | €46,469 | -€269 | -0.6% |
| Fixed assets | 21/28 | €46,187 | €44,431 | -€1,755 | -3.8% |
| Tangible fixed assets | 22/27 | €46,187 | €44,431 | -€1,755 | -3.8% |
| Land and buildings | 22 | €46,187 | €44,431 | -€1,755 | -3.8% |
| Current assets | 29/58 | €551 | €2,037 | +€1,486 | +270% |
| Cash at bank and in hand | 54/58 | €551 | €2,037 | +€1,486 | +270% |
| Total equity and liabilities | 10/49 | €46,738 | €46,469 | -€269 | -0.6% |
| Equity | 10/15 | €13,609 | €14,886 | +€1,276 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,409 | €8,686 | +€1,276 | +17.2% |
| Amounts payable | 17/49 | €33,128 | €31,583 | -€1,545 | -4.7% |
| Amounts payable after more than one year | 17 | €32,391 | €30,637 | -€1,754 | -5.4% |
| Financial debts | 170/4 | €32,391 | €30,637 | -€1,754 | -5.4% |
| Amounts payable within one year | 42/48 | €222 | €486 | +€264 | +119% |
| Trade debts | 44 | €147 | €21 | -€126 | -85.6% |
| Suppliers | 440/4 | €147 | €21 | -€126 | -85.6% |
| Taxes, remuneration and social security | 45 | €75 | €465 | +€390 | +521% |
| Taxes | 450/3 | €75 | €465 | +€390 | +521% |
| Accrued charges and deferred income | 492/3 | €515 | €461 | -€54 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,755 | €1,755 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,795 | €4,724 | -€70 | -1.5% |
| Operating profit (loss) | 9901 | €2,526 | €2,441 | -€85 | -3.4% |
| Financial charges | 65/66B | €747 | €701 | -€46 | -6.1% |
| Recurring financial charges | 65 | €747 | €701 | -€46 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,780 | €1,741 | -€39 | -2.2% |
| Income taxes | 67/77 | €75 | €465 | +€390 | +521% |
| Profit (loss) for the period | 9904 | €1,705 | €1,276 | -€429 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,705 | €1,276 | -€429 | -25.1% |
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 31 October 2026 via checked.be.