IMMO - VERDI: 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 - VERDI
Largest movements
- Tangible fixed assets -€10,030
down €10,030 (-5.2%), from €192,843 to €182,813
- Cash +€4,507
up €4,507 (+67.3%), from €6,700 to €11,208
mainly Net result for the year (+€11,577) and Depreciation (+€10,030)
- Debts after one year -€18,622
down €18,622 (-15.0%), from €124,372 to €105,750
- Reserves +€11,600
up €11,600 (+32.1%), from €36,100 to €47,700
- Gross operating margin +€3,707
up €3,707 (+12.9%), from €28,746 to €32,453
- Taxes +€965
up €965 (+33.4%), from €2,894 to €3,859
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 | €202,003 | €195,267 | -€6,735 | -3.3% |
| Fixed assets | 21/28 | €192,843 | €182,813 | -€10,030 | -5.2% |
| Tangible fixed assets | 22/27 | €192,843 | €182,813 | -€10,030 | -5.2% |
| Land and buildings | 22 | €192,843 | €182,813 | -€10,030 | -5.2% |
| Current assets | 29/58 | €9,160 | €12,455 | +€3,295 | +36.0% |
| Amounts receivable within one year | 40/41 | €2,460 | €1,247 | -€1,213 | -49.3% |
| Other amounts receivable | 41 | €2,460 | €1,247 | -€1,213 | -49.3% |
| Cash at bank and in hand | 54/58 | €6,700 | €11,208 | +€4,507 | +67.3% |
| Total equity and liabilities | 10/49 | €202,003 | €195,267 | -€6,735 | -3.3% |
| Equity | 10/15 | €55,012 | €66,590 | +€11,577 | +21.0% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €36,100 | €47,700 | +€11,600 | +32.1% |
| Distributable reserves | 133 | €36,100 | €47,700 | +€11,600 | +32.1% |
| Profit (loss) carried forward | 14 | €72 | €50 | -€23 | -31.3% |
| Amounts payable | 17/49 | €146,990 | €128,678 | -€18,313 | -12.5% |
| Amounts payable after more than one year | 17 | €124,372 | €105,750 | -€18,622 | -15.0% |
| Financial debts | 170/4 | €124,372 | €105,750 | -€18,622 | -15.0% |
| Amounts payable within one year | 42/48 | €20,597 | €21,198 | +€601 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €19,764 | €20,157 | +€393 | +2.0% |
| Trade debts | 44 | €833 | €486 | -€347 | -41.7% |
| Suppliers | 440/4 | €833 | €486 | -€347 | -41.7% |
| Other amounts payable | 47/48 | €0 | €555 | +€555 | |
| Accrued charges and deferred income | 492/3 | €2,021 | €1,730 | -€292 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,030 | €10,030 | = | 0.0% |
| Other operating charges | 640/8 | €4,059 | €4,180 | +€121 | +3.0% |
| Gross operating margin | 9900 | €28,746 | €32,453 | +€3,707 | +12.9% |
| Operating profit (loss) | 9901 | €14,657 | €18,243 | +€3,586 | +24.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,082 | €2,807 | -€276 | -8.9% |
| Recurring financial charges | 65 | €3,082 | €2,807 | -€276 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €11,575 | €15,436 | +€3,861 | +33.4% |
| Income taxes | 67/77 | €2,894 | €3,859 | +€965 | +33.4% |
| Profit (loss) for the period | 9904 | €8,681 | €11,577 | +€2,896 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,681 | €11,577 | +€2,896 | +33.4% |
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.