IMMO VERONIQUE: 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 VERONIQUE
Largest movements
- Receivables within one year +€105,593
up €105,593 (+5,558%), from €1,900 to €107,493
of which Trade receivables: +€93,488
- Tangible fixed assets -€67,744
down €67,744 (-4.0%), from €1.7m to €1.6m
of which Land and buildings: -€51,310
- Trade debts +€143,379
up €143,379 (+190%), from €75,622 to €219,001
- Debts after one year -€124,553
down €124,553 (-22.6%), from €551,346 to €426,794
of which Financial debts: -€124,553
- Profit (loss) carried forward +€23,834
up €23,834 (+6.3%), from €376,038 to €399,872
- Gross operating margin -€54,974
down €54,974 (-27.2%), from €201,857 to €146,883
- Financial charges -€10,567
down €10,567 (-34.7%), from €30,421 to €19,854
- Taxes -€10,156
down €10,156 (-56.1%), from €18,093 to €7,937
- Other operating charges -€5,401
down €5,401 (-16.4%), from €32,913 to €27,513
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 | €1,704,575 | €1,746,285 | +€41,711 | +2.4% |
| Fixed assets | 21/28 | €1,675,160 | €1,607,416 | -€67,744 | -4.0% |
| Tangible fixed assets | 22/27 | €1,675,160 | €1,607,416 | -€67,744 | -4.0% |
| Land and buildings | 22 | €1,634,213 | €1,582,903 | -€51,310 | -3.1% |
| Plant, machinery and equipment | 23 | €40,947 | €24,513 | -€16,435 | -40.1% |
| Current assets | 29/58 | €29,415 | €138,870 | +€109,455 | +372% |
| Amounts receivable within one year | 40/41 | €1,900 | €107,493 | +€105,593 | +5,558% |
| Trade receivables | 40 | - | €93,488 | +€93,488 | |
| Other amounts receivable | 41 | €1,900 | €14,005 | +€12,105 | +637% |
| Cash at bank and in hand | 54/58 | €26,064 | €29,880 | +€3,816 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,451 | €1,496 | +€45 | +3.1% |
| Total equity and liabilities | 10/49 | €1,704,575 | €1,746,285 | +€41,711 | +2.4% |
| Equity | 10/15 | €926,038 | €949,872 | +€23,834 | +2.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,038 | €399,872 | +€23,834 | +6.3% |
| Amounts payable | 17/49 | €778,536 | €796,413 | +€17,877 | +2.3% |
| Amounts payable after more than one year | 17 | €551,346 | €426,794 | -€124,553 | -22.6% |
| Financial debts | 170/4 | €545,346 | €420,794 | -€124,553 | -22.8% |
| Other amounts payable | 178/9 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €221,922 | €369,619 | +€147,697 | +66.6% |
| Current portion of amounts payable after more than one year | 42 | €139,829 | €124,553 | -€15,277 | -10.9% |
| Trade debts | 44 | €75,622 | €219,001 | +€143,379 | +190% |
| Suppliers | 440/4 | €75,622 | €219,001 | +€143,379 | +190% |
| Taxes, remuneration and social security | 45 | €6,471 | €9,415 | +€2,944 | +45.5% |
| Taxes | 450/3 | €6,471 | €9,415 | +€2,944 | +45.5% |
| Other amounts payable | 47/48 | €0 | €16,650 | +€16,650 | |
| Accrued charges and deferred income | 492/3 | €5,268 | €0 | -€5,268 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,744 | €67,744 | +€0 | 0.0% |
| Other operating charges | 640/8 | €32,913 | €27,513 | -€5,401 | -16.4% |
| Gross operating margin | 9900 | €201,857 | €146,883 | -€54,974 | -27.2% |
| Operating profit (loss) | 9901 | €101,200 | €51,626 | -€49,574 | -49.0% |
| Financial charges | 65/66B | €30,421 | €19,854 | -€10,567 | -34.7% |
| Recurring financial charges | 65 | €30,421 | €19,854 | -€10,567 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €70,779 | €31,771 | -€39,007 | -55.1% |
| Income taxes | 67/77 | €18,093 | €7,937 | -€10,156 | -56.1% |
| Profit (loss) for the period | 9904 | €52,686 | €23,834 | -€28,852 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,686 | €23,834 | -€28,852 | -54.8% |
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 29 October 2026 via checked.be.