Immo Veldkant: 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 Veldkant
Largest movements
- Tangible fixed assets +€285,041
new in 2025: €285,041
- Intangible fixed assets +€42,831
new in 2025: €42,831
- Receivables within one year +€25,014
new in 2025: €25,014
- Debts after one year +€381,966
up €381,966 (+47.2%), from €809,734 to €1.2m
- Profit (loss) carried forward -€75,030
down €75,030 (-7.4%), from -€1.0m to -€1.1m
- Other debts +€42,831
new in 2025: €42,831
- Trade debts +€4,169
up €4,169 (+185%), from €2,250 to €6,419
- Staff costs +€24,040
new in 2025: €24,040
- Gross operating margin -€17,484
down €17,484, from €1,978 to -€15,507
- Depreciation +€14,959
new in 2025: €14,959
- Financial charges +€3,744
up €3,744 (+23.5%), from €15,933 to €19,677
- Other operating charges +€342
up €342 (+67.7%), from €505 to €848
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 | €4,178 | €359,714 | +€355,536 | +8,510% |
| Fixed assets | 21/28 | - | €327,872 | +€327,872 | |
| Intangible fixed assets | 21 | - | €42,831 | +€42,831 | |
| Tangible fixed assets | 22/27 | - | €285,041 | +€285,041 | |
| Other tangible fixed assets | 26 | - | €285,041 | +€285,041 | |
| Current assets | 29/58 | €4,178 | €31,842 | +€27,664 | +662% |
| Amounts receivable within one year | 40/41 | - | €25,014 | +€25,014 | |
| Trade receivables | 40 | - | €25,014 | +€25,014 | |
| Cash at bank and in hand | 54/58 | €4,178 | €6,828 | +€2,650 | +63.4% |
| Total equity and liabilities | 10/49 | €4,178 | €359,714 | +€355,536 | +8,510% |
| Equity | 10/15 | -€807,806 | -€882,836 | -€75,030 | -9.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €3,215 | €3,215 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,215 | €3,215 | = | 0.0% |
| Legal reserve | 130 | €3,215 | €3,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,011,020 | -€1,086,051 | -€75,030 | -7.4% |
| Amounts payable | 17/49 | €811,984 | €1,242,550 | +€430,566 | +53.0% |
| Amounts payable after more than one year | 17 | €809,734 | €1,191,700 | +€381,966 | +47.2% |
| Financial debts | 170/4 | €809,734 | €1,191,700 | +€381,966 | +47.2% |
| Amounts payable within one year | 42/48 | €2,250 | €50,851 | +€48,601 | +2,160% |
| Trade debts | 44 | €2,250 | €6,419 | +€4,169 | +185% |
| Suppliers | 440/4 | €2,250 | €6,419 | +€4,169 | +185% |
| Taxes, remuneration and social security | 45 | - | €1,600 | +€1,600 | |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | - | €42,831 | +€42,831 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Remuneration, social security and pensions | 62 | - | €24,040 | +€24,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,959 | +€14,959 | |
| Other operating charges | 640/8 | €505 | €848 | +€342 | +67.7% |
| Gross operating margin | 9900 | €1,978 | -€15,507 | -€17,484 | |
| Operating profit (loss) | 9901 | €1,472 | -€55,353 | -€56,826 | |
| Financial charges | 65/66B | €15,933 | €19,677 | +€3,744 | +23.5% |
| Recurring financial charges | 65 | €15,933 | €19,677 | +€3,744 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,461 | -€75,030 | -€60,570 | -419% |
| Profit (loss) for the period | 9904 | -€14,461 | -€75,030 | -€60,570 | -419% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,461 | -€75,030 | -€60,570 | -419% |
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 19 October 2026 via checked.be.