IMMO VERGO: 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 VERGO
Largest movements
- Receivables within one year +€20,284
up €20,284 (+64.2%), from €31,599 to €51,883
of which Other amounts receivable: +€15,650
- Trade debts +€248,279
up €248,279 (+349%), from €71,139 to €319,419
- Profit (loss) carried forward -€210,453
down €210,453 (-78.6%), from -€267,701 to -€478,154
- Gross operating margin -€222,241
down €222,241, from €33,957 to -€188,283
- Other operating charges +€9,096
up €9,096 (+779%), from €1,167 to €10,263
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 | €1,263,302 | €1,283,551 | +€20,250 | +1.6% |
| Fixed assets | 21/28 | €1,231,024 | €1,229,746 | -€1,278 | -0.1% |
| Tangible fixed assets | 22/27 | €1,231,024 | €1,229,746 | -€1,278 | -0.1% |
| Land and buildings | 22 | €1,231,024 | €1,229,746 | -€1,278 | -0.1% |
| Current assets | 29/58 | €32,278 | €53,805 | +€21,527 | +66.7% |
| Amounts receivable within one year | 40/41 | €31,599 | €51,883 | +€20,284 | +64.2% |
| Trade receivables | 40 | €17,411 | €22,045 | +€4,634 | +26.6% |
| Other amounts receivable | 41 | €14,188 | €29,838 | +€15,650 | +110% |
| Cash at bank and in hand | 54/58 | €679 | €1,922 | +€1,243 | +183% |
| Total equity and liabilities | 10/49 | €1,263,302 | €1,283,551 | +€20,250 | +1.6% |
| Equity | 10/15 | €982,839 | €772,386 | -€210,453 | -21.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,188,040 | €1,188,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,701 | -€478,154 | -€210,453 | -78.6% |
| Amounts payable | 17/49 | €280,463 | €511,166 | +€230,702 | +82.3% |
| Amounts payable within one year | 42/48 | €272,881 | €511,166 | +€238,285 | +87.3% |
| Trade debts | 44 | €71,139 | €319,419 | +€248,279 | +349% |
| Suppliers | 440/4 | €71,139 | €319,419 | +€248,279 | +349% |
| Advances received on contracts in progress | 46 | €17,350 | €10,170 | -€7,180 | -41.4% |
| Other amounts payable | 47/48 | €184,391 | €181,577 | -€2,814 | -1.5% |
| Accrued charges and deferred income | 492/3 | €7,583 | €0 | -€7,583 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,976 | €1,278 | -€699 | -35.4% |
| Other operating charges | 640/8 | €1,167 | €10,263 | +€9,096 | +779% |
| Non-recurring operating charges | 66A | - | €6,100 | +€6,100 | |
| Gross operating margin | 9900 | €33,957 | -€188,283 | -€222,241 | |
| Operating profit (loss) | 9901 | €30,814 | -€205,924 | -€236,738 | |
| Financial income | 75/76B | €9 | €447 | +€438 | +5,126% |
| Recurring financial income | 75 | €9 | €447 | +€438 | +5,126% |
| Financial charges | 65/66B | €6,499 | €4,976 | -€1,523 | -23.4% |
| Recurring financial charges | 65 | €6,499 | €4,976 | -€1,523 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €24,323 | -€210,453 | -€234,776 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €24,323 | -€210,453 | -€234,776 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,323 | -€210,453 | -€234,776 |
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 17 October 2026 via checked.be.