IMMO VENNES: 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 VENNES
Largest movements
- Tangible fixed assets +€499,465
up €499,465 (+66.2%), from €754,374 to €1.3m
- Cash -€16,891
down €16,891 (-86.5%), from €19,519 to €2,628
mainly Investment in fixed assets (net) (-€535,047)
- Debts after one year +€355,665
up €355,665 (+47.4%), from €750,985 to €1.1m
- Other debts +€93,097
up €93,097 (+211.1%), from €44,100 to €137,197
- Current portion of long-term debt +€18,912
up €18,912 (+38.1%), from €49,700 to €68,612
- Profit (loss) carried forward +€14,093
up €14,093 (+17.4%), from -€80,892 to -€66,799
- Depreciation +€12,939
up €12,939 (+57.1%), from €22,644 to €35,583
- Gross operating margin +€4,293
up €4,293 (+5.0%), from €86,478 to €90,771
- Financial charges +€2,871
up €2,871 (+8.6%), from €33,326 to €36,198
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 | €773,893 | €1,256,791 | +€482,898 | +62.4% |
| Fixed assets | 21/28 | €754,374 | €1,253,838 | +€499,465 | +66.2% |
| Tangible fixed assets | 22/27 | €754,374 | €1,253,838 | +€499,465 | +66.2% |
| Land and buildings | 22 | €754,374 | €1,253,838 | +€499,465 | +66.2% |
| Current assets | 29/58 | €19,519 | €2,953 | -€16,566 | -84.9% |
| Cash at bank and in hand | 54/58 | €19,519 | €2,628 | -€16,891 | -86.5% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €773,893 | €1,256,791 | +€482,898 | +62.4% |
| Equity | 10/15 | -€70,892 | -€56,799 | +€14,093 | +19.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,892 | -€66,799 | +€14,093 | +17.4% |
| Amounts payable | 17/49 | €844,786 | €1,313,591 | +€468,805 | +55.5% |
| Amounts payable after more than one year | 17 | €750,985 | €1,106,650 | +€355,665 | +47.4% |
| Financial debts | 170/4 | €750,985 | €1,106,650 | +€355,665 | +47.4% |
| Amounts payable within one year | 42/48 | €93,800 | €206,541 | +€112,740 | +120.2% |
| Current portion of amounts payable after more than one year | 42 | €49,700 | €68,612 | +€18,912 | +38.1% |
| Taxes, remuneration and social security | 45 | - | €732 | +€732 | |
| Taxes | 450/3 | - | €732 | +€732 | |
| Other amounts payable | 47/48 | €44,100 | €137,197 | +€93,097 | +211.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,644 | €35,583 | +€12,939 | +57.1% |
| Other operating charges | 640/8 | €4,336 | €4,906 | +€569 | +13.1% |
| Gross operating margin | 9900 | €86,478 | €90,771 | +€4,293 | +5.0% |
| Operating profit (loss) | 9901 | €59,498 | €50,283 | -€9,215 | -15.5% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €33,326 | €36,198 | +€2,871 | +8.6% |
| Recurring financial charges | 65 | €33,326 | €36,198 | +€2,871 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €26,171 | €14,097 | -€12,075 | -46.1% |
| Income taxes | 67/77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | €26,171 | €14,093 | -€12,078 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,171 | €14,093 | -€12,078 | -46.2% |
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 11 October 2026 via checked.be.