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
- Receivables within one year +€11,319
up €11,319 (+35.7%), from €31,710 to €43,030
of which Trade receivables: +€12,800
- Cash +€11,272
up €11,272 (+1584.3%), from €711 to €11,983
mainly Depreciation (+€38,476) and Net result for the year (+€18,452)
- Profit (loss) carried forward +€18,452
up €18,452 (+6.0%), from -€308,099 to -€289,647
- Trade debts +€11,384
up €11,384 (+97.3%), from €11,699 to €23,083
- Gross operating margin -€14,944
down €14,944 (-19.4%), from €76,951 to €62,008
- Depreciation +€2,611
up €2,611 (+7.3%), from €35,865 to €38,476
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 | €507,761 | €537,596 | +€29,836 | +5.9% |
| Fixed assets | 21/28 | €473,111 | €477,266 | +€4,155 | +0.9% |
| Tangible fixed assets | 22/27 | €473,111 | €477,266 | +€4,155 | +0.9% |
| Land and buildings | 22 | €432,911 | €400,726 | -€32,185 | -7.4% |
| Plant, machinery and equipment | 23 | €40,039 | €44,202 | +€4,163 | +10.4% |
| Furniture and vehicles | 24 | €162 | €32,338 | +€32,176 | +19919.6% |
| Current assets | 29/58 | €34,650 | €60,331 | +€25,681 | +74.1% |
| Amounts receivable within one year | 40/41 | €31,710 | €43,030 | +€11,319 | +35.7% |
| Trade receivables | 40 | - | €12,800 | +€12,800 | |
| Other amounts receivable | 41 | €31,710 | €30,230 | -€1,481 | -4.7% |
| Cash at bank and in hand | 54/58 | €711 | €11,983 | +€11,272 | +1584.3% |
| Deferred charges and accrued income | 490/1 | €2,228 | €5,318 | +€3,090 | +138.7% |
| Total equity and liabilities | 10/49 | €507,761 | €537,596 | +€29,836 | +5.9% |
| Equity | 10/15 | €489,947 | €508,399 | +€18,452 | +3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €729,846 | €729,846 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€308,099 | -€289,647 | +€18,452 | +6.0% |
| Amounts payable | 17/49 | €17,813 | €29,197 | +€11,384 | +63.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €17,813 | €29,197 | +€11,384 | +63.9% |
| Trade debts | 44 | €11,699 | €23,083 | +€11,384 | +97.3% |
| Suppliers | 440/4 | €11,699 | €23,083 | +€11,384 | +97.3% |
| Other amounts payable | 47/48 | €6,114 | €6,114 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,865 | €38,476 | +€2,611 | +7.3% |
| Other operating charges | 640/8 | €6,772 | €6,625 | -€147 | -2.2% |
| Gross operating margin | 9900 | €76,951 | €62,008 | -€14,944 | -19.4% |
| Operating profit (loss) | 9901 | €34,315 | €16,907 | -€17,407 | -50.7% |
| Financial income | 75/76B | €1,114 | €1,712 | +€598 | +53.7% |
| Recurring financial income | 75 | €1,114 | €1,712 | +€598 | +53.7% |
| Financial charges | 65/66B | €38 | €168 | +€130 | +347.5% |
| Recurring financial charges | 65 | €38 | €168 | +€130 | +347.5% |
| Profit (loss) for the period before taxes | 9903 | €35,391 | €18,452 | -€16,940 | -47.9% |
| Profit (loss) for the period | 9904 | €35,391 | €18,452 | -€16,940 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,391 | €18,452 | -€16,940 | -47.9% |
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.