IMMO Vandenplas: 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 Vandenplas
Largest movements
- Tangible fixed assets +€159,195
up €159,195 (+37.7%), from €421,944 to €581,139
of which Land and buildings: +€159,195
- Other debts +€148,392
up €148,392 (+176%), from €84,489 to €232,881
- Reserves +€8,085
up €8,085 (+130%), from €6,200 to €14,285
of which Distributable reserves: +€8,085
- Gross operating margin +€11,815
up €11,815 (+58.0%), from €20,357 to €32,172
- Depreciation +€3,805
new in 2025: €3,805
- Taxes +€2,592
up €2,592 (+167%), from €1,549 to €4,141
- Financial charges +€1,608
up €1,608 (+19.1%), from €8,418 to €10,025
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 | €424,645 | €583,917 | +€159,272 | +37.5% |
| Fixed assets | 21/28 | €421,944 | €581,139 | +€159,195 | +37.7% |
| Tangible fixed assets | 22/27 | €421,944 | €581,139 | +€159,195 | +37.7% |
| Land and buildings | 22 | €414,744 | €573,939 | +€159,195 | +38.4% |
| Other tangible fixed assets | 26 | €7,200 | €7,200 | = | 0.0% |
| Current assets | 29/58 | €2,701 | €2,777 | +€77 | +2.8% |
| Cash at bank and in hand | 54/58 | €107 | €102 | -€5 | -4.3% |
| Deferred charges and accrued income | 490/1 | €2,594 | €2,675 | +€81 | +3.1% |
| Total equity and liabilities | 10/49 | €424,645 | €583,917 | +€159,272 | +37.5% |
| Equity | 10/15 | €178,301 | €186,388 | +€8,087 | +4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €14,285 | +€8,085 | +130% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €8,085 | +€8,085 | |
| Profit (loss) carried forward | 14 | €110,101 | €110,103 | +€2 | 0.0% |
| Amounts payable | 17/49 | €246,344 | €397,529 | +€151,185 | +61.4% |
| Amounts payable after more than one year | 17 | €148,736 | €148,736 | = | 0.0% |
| Financial debts | 170/4 | €148,736 | €148,736 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,271 | €242,443 | +€151,172 | +166% |
| Trade debts | 44 | €5,257 | €5,422 | +€165 | +3.1% |
| Suppliers | 440/4 | €5,257 | €5,422 | +€165 | +3.1% |
| Taxes, remuneration and social security | 45 | €1,525 | €4,141 | +€2,616 | +172% |
| Taxes | 450/3 | €1,525 | €4,141 | +€2,616 | +172% |
| Other amounts payable | 47/48 | €84,489 | €232,881 | +€148,392 | +176% |
| Accrued charges and deferred income | 492/3 | €6,337 | €6,349 | +€12 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,805 | +€3,805 | |
| Other operating charges | 640/8 | €6,224 | €6,114 | -€110 | -1.8% |
| Gross operating margin | 9900 | €20,357 | €32,172 | +€11,815 | +58.0% |
| Operating profit (loss) | 9901 | €14,133 | €22,253 | +€8,120 | +57.5% |
| Financial charges | 65/66B | €8,418 | €10,025 | +€1,608 | +19.1% |
| Recurring financial charges | 65 | €8,418 | €10,025 | +€1,608 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €5,715 | €12,228 | +€6,512 | +114% |
| Income taxes | 67/77 | €1,549 | €4,141 | +€2,592 | +167% |
| Profit (loss) for the period | 9904 | €4,167 | €8,087 | +€3,920 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,167 | €8,087 | +€3,920 | +94.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.