IMMO VDR: 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 VDR
Largest movements
- Stocks and contracts +€78,302
up €78,302 (+95.8%), from €81,723 to €160,025
- Receivables within one year +€14,673
up €14,673 (+95.6%), from €15,346 to €30,019
of which Trade receivables: +€15,000
- Other debts +€82,000
up €82,000 (+88.6%), from €92,500 to €174,500
- Profit (loss) carried forward +€11,087
up €11,087 (+14.2%), from -€77,835 to -€66,748
- Gross operating margin +€1,933
up €1,933 (+19.4%), from €9,957 to €11,891
- Financial charges -€138
down €138 (-28.1%), from €493 to €355
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.
Cash bridge derived
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 | €100,558 | €193,595 | +€93,038 | +92.5% |
| Current assets | 29/58 | €100,558 | €193,595 | +€93,038 | +92.5% |
| Stocks and contracts in progress | 3 | €81,723 | €160,025 | +€78,302 | +95.8% |
| Stocks | 30/36 | €81,723 | €160,025 | +€78,302 | +95.8% |
| Amounts receivable within one year | 40/41 | €15,346 | €30,019 | +€14,673 | +95.6% |
| Trade receivables | 40 | €15,000 | €30,000 | +€15,000 | +100.0% |
| Other amounts receivable | 41 | €346 | €19 | -€327 | -94.5% |
| Cash at bank and in hand | 54/58 | €3,489 | €3,552 | +€63 | +1.8% |
| Total equity and liabilities | 10/49 | €100,558 | €193,595 | +€93,038 | +92.5% |
| Equity | 10/15 | €4,665 | €15,752 | +€11,087 | +237.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,835 | -€66,748 | +€11,087 | +14.2% |
| Amounts payable | 17/49 | €95,893 | €177,844 | +€81,951 | +85.5% |
| Amounts payable within one year | 42/48 | €95,893 | €177,844 | +€81,951 | +85.5% |
| Trade debts | 44 | €3,393 | €3,344 | -€49 | -1.4% |
| Suppliers | 440/4 | €3,393 | €3,344 | -€49 | -1.4% |
| Other amounts payable | 47/48 | €92,500 | €174,500 | +€82,000 | +88.6% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €9,957 | €11,891 | +€1,933 | +19.4% |
| Operating profit (loss) | 9901 | €9,511 | €11,441 | +€1,930 | +20.3% |
| Financial charges | 65/66B | €493 | €355 | -€138 | -28.1% |
| Recurring financial charges | 65 | €493 | €355 | -€138 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €9,018 | €11,087 | +€2,069 | +22.9% |
| Profit (loss) for the period | 9904 | €9,018 | €11,087 | +€2,069 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,018 | €11,087 | +€2,069 | +22.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.