IMMO VANEENOO: 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 VANEENOO
Largest movements
- Tangible fixed assets +€312,565
up €312,565 (+35.0%), from €891,917 to €1.2m
of which Land and buildings: +€312,565
- Cash -€297,233
down €297,233 (-76.3%), from €389,570 to €92,337
mainly Investment in fixed assets (net) (-€432,159) and Net result for the year (-€6,175)
- Trade debts +€16,171
up €16,171 (+6,842%), from €236 to €16,407
- Depreciation +€48,215
up €48,215 (+67.5%), from €71,379 to €119,594
- Gross operating margin -€31,184
down €31,184 (-16.9%), from €184,717 to €153,534
- Taxes -€17,400
down €17,400 (-77.2%), from €22,546 to €5,146
- Other operating charges +€2,913
up €2,913 (+9.8%), from €29,636 to €32,549
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 | €1,308,020 | €1,315,278 | +€7,258 | +0.6% |
| Fixed assets | 21/28 | €891,954 | €1,204,520 | +€312,565 | +35.0% |
| Tangible fixed assets | 22/27 | €891,917 | €1,204,483 | +€312,565 | +35.0% |
| Land and buildings | 22 | €850,877 | €1,163,442 | +€312,565 | +36.7% |
| Other tangible fixed assets | 26 | €41,041 | €41,041 | = | 0.0% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €416,066 | €110,758 | -€305,307 | -73.4% |
| Amounts receivable within one year | 40/41 | €18,462 | €10,204 | -€8,257 | -44.7% |
| Trade receivables | 40 | €6,305 | €6,985 | +€680 | +10.8% |
| Other amounts receivable | 41 | €12,157 | €3,219 | -€8,937 | -73.5% |
| Cash at bank and in hand | 54/58 | €389,570 | €92,337 | -€297,233 | -76.3% |
| Deferred charges and accrued income | 490/1 | €8,034 | €8,217 | +€183 | +2.3% |
| Total equity and liabilities | 10/49 | €1,308,020 | €1,315,278 | +€7,258 | +0.6% |
| Equity | 10/15 | €1,166,996 | €1,162,207 | -€4,789 | -0.4% |
| Contributions | 10/11 | €383,491 | €383,491 | = | 0.0% |
| Capital | 10 | €383,491 | €383,491 | = | 0.0% |
| Issued capital | 100 | €383,491 | €383,491 | = | 0.0% |
| Reserves | 13 | €783,505 | €778,715 | -€4,789 | -0.6% |
| Non-distributable reserves | 130/1 | €38,856 | €38,856 | = | 0.0% |
| Legal reserve | 130 | €38,349 | €38,349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €507 | €507 | = | 0.0% |
| Tax-exempt reserves | 132 | €120,147 | €117,227 | -€2,920 | -2.4% |
| Distributable reserves | 133 | €624,502 | €622,633 | -€1,869 | -0.3% |
| Provisions and deferred taxes | 16 | €41,265 | €40,340 | -€925 | -2.2% |
| Deferred taxes | 168 | €41,265 | €40,340 | -€925 | -2.2% |
| Amounts payable | 17/49 | €99,759 | €112,732 | +€12,973 | +13.0% |
| Amounts payable within one year | 42/48 | €99,759 | €112,732 | +€12,973 | +13.0% |
| Trade debts | 44 | €236 | €16,407 | +€16,171 | +6,842% |
| Suppliers | 440/4 | €236 | €16,407 | +€16,171 | +6,842% |
| Taxes, remuneration and social security | 45 | €7,546 | €2,430 | -€5,116 | -67.8% |
| Taxes | 450/3 | €7,546 | €2,430 | -€5,116 | -67.8% |
| Other amounts payable | 47/48 | €91,976 | €93,894 | +€1,918 | +2.1% |
| Non-recurring operating income | 76A | €9,403 | - | -€9,403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,379 | €119,594 | +€48,215 | +67.5% |
| Other operating charges | 640/8 | €29,636 | €32,549 | +€2,913 | +9.8% |
| Non-recurring operating charges | 66A | - | €2,099 | +€2,099 | |
| Gross operating margin | 9900 | €184,717 | €153,534 | -€31,184 | -16.9% |
| Operating profit (loss) | 9901 | €83,703 | -€708 | -€84,411 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,632 | €1,960 | -€1,672 | -46.0% |
| Recurring financial charges | 65 | €3,632 | €1,960 | -€1,672 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €80,071 | -€2,668 | -€82,738 | |
| Transfer from deferred taxes | 780 | €7,731 | €1,639 | -€6,092 | -78.8% |
| Income taxes | 67/77 | €22,546 | €5,146 | -€17,400 | -77.2% |
| Profit (loss) for the period | 9904 | €65,256 | -€6,175 | -€71,431 | |
| Transfer from tax-exempt reserves | 789 | €16,138 | €4,306 | -€11,832 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,393 | -€1,869 | -€83,262 |
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 17 October 2026 via checked.be.