IMMO VERDUN: 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 VERDUN
Largest movements
- Tangible fixed assets -€18,607
down €18,607 (-2.4%), from €780,646 to €762,039
- Debts after one year -€24,430
down €24,430 (-7.7%), from €316,646 to €292,217
- Profit (loss) carried forward +€10,920
up €10,920 (+24.5%), from €44,616 to €55,536
- Other debts -€10,000
down €10,000 (-6.0%), from €166,414 to €156,414
- Gross operating margin -€2,978
down €2,978 (-6.0%), from €49,329 to €46,351
- Taxes +€926
up €926 (+32.0%), from €2,893 to €3,819
- Depreciation +€778
up €778 (+3.5%), from €22,124 to €22,902
- Financial charges -€747
down €747 (-8.6%), from €8,728 to €7,981
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 | €792,408 | €773,959 | -€18,449 | -2.3% |
| Fixed assets | 21/28 | €780,646 | €762,039 | -€18,607 | -2.4% |
| Tangible fixed assets | 22/27 | €780,646 | €762,039 | -€18,607 | -2.4% |
| Land and buildings | 22 | €780,646 | €762,039 | -€18,607 | -2.4% |
| Current assets | 29/58 | €11,761 | €11,919 | +€158 | +1.3% |
| Amounts receivable within one year | 40/41 | - | €3,800 | +€3,800 | |
| Other amounts receivable | 41 | - | €3,800 | +€3,800 | |
| Cash at bank and in hand | 54/58 | €10,864 | €6,371 | -€4,493 | -41.4% |
| Deferred charges and accrued income | 490/1 | €897 | €1,748 | +€851 | +94.8% |
| Total equity and liabilities | 10/49 | €792,408 | €773,959 | -€18,449 | -2.3% |
| Equity | 10/15 | €266,527 | €275,797 | +€9,270 | +3.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €83,504 | €83,504 | = | 0.0% |
| Reserves | 13 | €76,907 | €75,257 | -€1,650 | -2.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,250 | €28,600 | -€1,650 | -5.5% |
| Distributable reserves | 133 | €40,507 | €40,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,616 | €55,536 | +€10,920 | +24.5% |
| Provisions and deferred taxes | 16 | €10,282 | €9,721 | -€561 | -5.5% |
| Deferred taxes | 168 | €10,282 | €9,721 | -€561 | -5.5% |
| Amounts payable | 17/49 | €515,599 | €488,440 | -€27,158 | -5.3% |
| Amounts payable after more than one year | 17 | €316,646 | €292,217 | -€24,430 | -7.7% |
| Financial debts | 170/4 | €316,646 | €292,217 | -€24,430 | -7.7% |
| Amounts payable within one year | 42/48 | €198,352 | €195,624 | -€2,728 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €23,761 | €24,430 | +€669 | +2.8% |
| Trade debts | 44 | €5,285 | €8,068 | +€2,783 | +52.7% |
| Suppliers | 440/4 | €5,285 | €8,068 | +€2,783 | +52.7% |
| Taxes, remuneration and social security | 45 | €2,893 | €6,712 | +€3,819 | +132.0% |
| Taxes | 450/3 | €2,893 | €6,712 | +€3,819 | +132.0% |
| Other amounts payable | 47/48 | €166,414 | €156,414 | -€10,000 | -6.0% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,124 | €22,902 | +€778 | +3.5% |
| Other operating charges | 640/8 | €2,851 | €2,940 | +€90 | +3.1% |
| Gross operating margin | 9900 | €49,329 | €46,351 | -€2,978 | -6.0% |
| Operating profit (loss) | 9901 | €24,355 | €20,509 | -€3,846 | -15.8% |
| Financial charges | 65/66B | €8,728 | €7,981 | -€747 | -8.6% |
| Recurring financial charges | 65 | €8,728 | €7,981 | -€747 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €15,627 | €12,528 | -€3,098 | -19.8% |
| Transfer from deferred taxes | 780 | €561 | €561 | = | 0.0% |
| Income taxes | 67/77 | €2,893 | €3,819 | +€926 | +32.0% |
| Profit (loss) for the period | 9904 | €13,294 | €9,270 | -€4,024 | -30.3% |
| Transfer from tax-exempt reserves | 789 | €1,650 | €1,650 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,945 | €10,920 | -€4,024 | -26.9% |
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 12 October 2026 via checked.be.