IMMO VENEGAS: 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 VENEGAS
Largest movements
- Tangible fixed assets -€8,807
down €8,807 (-9.1%), from €96,936 to €88,129
of which Land and buildings: -€8,535
- Cash +€3,303
up €3,303 (+118%), from €2,810 to €6,112
mainly Depreciation (+€8,807) and Net result for the year (+€6,838)
- Receivables within one year -€1,500
no longer reported in 2025 (was €1,500)
- Debts after one year -€12,395
down €12,395 (-31.9%), from €38,864 to €26,469
- Profit (loss) carried forward +€6,838
up €6,838 (+30.9%), from -€22,135 to -€15,297
- Other debts -€1,975
down €1,975 (-3.0%), from €66,450 to €64,475
- Gross operating margin +€3,221
up €3,221 (+21.2%), from €15,218 to €18,439
- Purchases and services -€2,771
down €2,771 (-62.5%), from €4,432 to €1,661
- Financial charges -€516
down €516 (-20.4%), from €2,536 to €2,020
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 | €101,246 | €94,241 | -€7,004 | -6.9% |
| Fixed assets | 21/28 | €96,936 | €88,129 | -€8,807 | -9.1% |
| Tangible fixed assets | 22/27 | €96,936 | €88,129 | -€8,807 | -9.1% |
| Land and buildings | 22 | €94,831 | €86,296 | -€8,535 | -9.0% |
| Plant, machinery and equipment | 23 | €2,105 | €1,833 | -€272 | -12.9% |
| Current assets | 29/58 | €4,310 | €6,112 | +€1,803 | +41.8% |
| Amounts receivable within one year | 40/41 | €1,500 | - | -€1,500 | |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €2,810 | €6,112 | +€3,303 | +118% |
| Total equity and liabilities | 10/49 | €101,246 | €94,241 | -€7,004 | -6.9% |
| Equity | 10/15 | -€15,935 | -€9,097 | +€6,838 | +42.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,135 | -€15,297 | +€6,838 | +30.9% |
| Amounts payable | 17/49 | €117,181 | €103,338 | -€13,842 | -11.8% |
| Amounts payable after more than one year | 17 | €38,864 | €26,469 | -€12,395 | -31.9% |
| Financial debts | 170/4 | €38,864 | €26,469 | -€12,395 | -31.9% |
| Amounts payable within one year | 42/48 | €78,317 | €76,870 | -€1,447 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €11,867 | €12,395 | +€528 | +4.4% |
| Other amounts payable | 47/48 | €66,450 | €64,475 | -€1,975 | -3.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,432 | €1,661 | -€2,771 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,917 | €8,807 | -€110 | -1.2% |
| Other operating charges | 640/8 | €750 | €774 | +€24 | +3.2% |
| Gross operating margin | 9900 | €15,218 | €18,439 | +€3,221 | +21.2% |
| Operating profit (loss) | 9901 | €5,551 | €8,857 | +€3,307 | +59.6% |
| Financial charges | 65/66B | €2,536 | €2,020 | -€516 | -20.4% |
| Recurring financial charges | 65 | €2,536 | €2,020 | -€516 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €3,015 | €6,838 | +€3,823 | +127% |
| Profit (loss) for the period | 9904 | €3,015 | €6,838 | +€3,823 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €3,015 | €6,838 | +€3,823 | +127% |
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 28 October 2026 via checked.be.