IMMO VENUE: 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 VENUE
Largest movements
- Cash +€170,475
up €170,475 (+109%), from €156,892 to €327,367
mainly Net result for the year (+€167,719) and Depreciation (+€154,171)
- Tangible fixed assets -€102,067
down €102,067 (-4.8%), from €2.1m to €2.0m
of which Land and buildings: -€81,737
- Intangible fixed assets -€38,636
down €38,636 (-16.2%), from €238,257 to €199,621
- Debts after one year -€184,663
down €184,663 (-9.4%), from €2.0m to €1.8m
- Reserves +€166,053
up €166,053 (+56.9%), from €291,957 to €458,010
- Tax, wage and social debts +€32,705
up €32,705 (+40.4%), from €81,005 to €113,710
of which Taxes: +€31,518
- Gross operating margin +€111,548
up €111,548 (+14.7%), from €756,693 to €868,241
- Taxes +€35,799
up €35,799 (+77.7%), from €46,086 to €81,885
- Depreciation -€35,302
down €35,302 (-18.6%), from €189,473 to €154,171
- Other operating charges +€18,393
up €18,393 (+52.8%), from €34,846 to €53,239
- Staff costs +€13,657
up €13,657 (+3.8%), from €358,407 to €372,065
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 | €2,523,153 | €2,539,859 | +€16,706 | +0.7% |
| Fixed assets | 21/28 | €2,350,031 | €2,209,328 | -€140,703 | -6.0% |
| Intangible fixed assets | 21 | €238,257 | €199,621 | -€38,636 | -16.2% |
| Tangible fixed assets | 22/27 | €2,111,773 | €2,009,707 | -€102,067 | -4.8% |
| Land and buildings | 22 | €2,073,412 | €1,991,676 | -€81,737 | -3.9% |
| Furniture and vehicles | 24 | €38,361 | €18,031 | -€20,330 | -53.0% |
| Current assets | 29/58 | €173,122 | €330,531 | +€157,409 | +90.9% |
| Amounts receivable within one year | 40/41 | €16,231 | €3,164 | -€13,067 | -80.5% |
| Trade receivables | 40 | €11,041 | €811 | -€10,230 | -92.7% |
| Other amounts receivable | 41 | €5,190 | €2,354 | -€2,837 | -54.7% |
| Cash at bank and in hand | 54/58 | €156,892 | €327,367 | +€170,475 | +109% |
| Total equity and liabilities | 10/49 | €2,523,153 | €2,539,859 | +€16,706 | +0.7% |
| Equity | 10/15 | €301,957 | €468,010 | +€166,053 | +55.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €291,957 | €458,010 | +€166,053 | +56.9% |
| Distributable reserves | 133 | €291,957 | €458,010 | +€166,053 | +56.9% |
| Amounts payable | 17/49 | €2,221,196 | €2,071,849 | -€149,347 | -6.7% |
| Amounts payable after more than one year | 17 | €1,956,473 | €1,771,810 | -€184,663 | -9.4% |
| Financial debts | 170/4 | €1,956,473 | €1,771,810 | -€184,663 | -9.4% |
| Amounts payable within one year | 42/48 | €264,723 | €300,039 | +€35,316 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €181,786 | €184,663 | +€2,877 | +1.6% |
| Taxes, remuneration and social security | 45 | €81,005 | €113,710 | +€32,705 | +40.4% |
| Taxes | 450/3 | €42,826 | €74,344 | +€31,518 | +73.6% |
| Remuneration and social security | 454/9 | €38,179 | €39,366 | +€1,187 | +3.1% |
| Other amounts payable | 47/48 | €1,932 | €1,666 | -€266 | -13.8% |
| Remuneration, social security and pensions | 62 | €358,407 | €372,065 | +€13,657 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,473 | €154,171 | -€35,302 | -18.6% |
| Other operating charges | 640/8 | €34,846 | €53,239 | +€18,393 | +52.8% |
| Gross operating margin | 9900 | €756,693 | €868,241 | +€111,548 | +14.7% |
| Operating profit (loss) | 9901 | €173,968 | €288,767 | +€114,799 | +66.0% |
| Financial income | 75/76B | - | €2,485 | +€2,485 | |
| Recurring financial income | 75 | - | €2,485 | +€2,485 | |
| Financial charges | 65/66B | €33,724 | €41,648 | +€7,924 | +23.5% |
| Recurring financial charges | 65 | €33,724 | €41,648 | +€7,924 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €140,244 | €249,604 | +€109,360 | +78.0% |
| Income taxes | 67/77 | €46,086 | €81,885 | +€35,799 | +77.7% |
| Profit (loss) for the period | 9904 | €94,157 | €167,719 | +€73,561 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,157 | €167,719 | +€73,561 | +78.1% |
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 21 October 2026 via checked.be.