IMMO VERSTRAETE: 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 VERSTRAETE
Largest movements
- Tangible fixed assets -€77,811
down €77,811 (-5.4%), from €1.4m to €1.4m
- Other debts -€84,000
down €84,000 (-58.3%), from €144,000 to €60,000
- Gross operating margin +€7,539
up €7,539 (+7.4%), from €102,177 to €109,715
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 | €1,508,381 | €1,435,711 | -€72,670 | -4.8% |
| Fixed assets | 21/28 | €1,445,044 | €1,367,233 | -€77,811 | -5.4% |
| Tangible fixed assets | 22/27 | €1,445,044 | €1,367,233 | -€77,811 | -5.4% |
| Land and buildings | 22 | €1,445,044 | €1,367,233 | -€77,811 | -5.4% |
| Current assets | 29/58 | €63,337 | €68,478 | +€5,140 | +8.1% |
| Cash at bank and in hand | 54/58 | €59,095 | €64,112 | +€5,018 | +8.5% |
| Deferred charges and accrued income | 490/1 | €4,243 | €4,365 | +€123 | +2.9% |
| Total equity and liabilities | 10/49 | €1,508,381 | €1,435,711 | -€72,670 | -4.8% |
| Equity | 10/15 | €1,364,224 | €1,375,611 | +€11,386 | +0.8% |
| Contributions | 10/11 | €1,430,400 | €1,430,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,176 | -€54,789 | +€11,386 | +17.2% |
| Amounts payable | 17/49 | €144,157 | €60,100 | -€84,057 | -58.3% |
| Amounts payable within one year | 42/48 | €144,157 | €60,100 | -€84,057 | -58.3% |
| Trade debts | 44 | €157 | €100 | -€57 | -36.2% |
| Suppliers | 440/4 | €157 | €100 | -€57 | -36.2% |
| Other amounts payable | 47/48 | €144,000 | €60,000 | -€84,000 | -58.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,918 | €77,811 | -€107 | -0.1% |
| Other operating charges | 640/8 | €19,857 | €20,476 | +€619 | +3.1% |
| Gross operating margin | 9900 | €102,177 | €109,715 | +€7,539 | +7.4% |
| Operating profit (loss) | 9901 | €4,402 | €11,428 | +€7,027 | +160% |
| Financial charges | 65/66B | €92 | €42 | -€50 | -54.3% |
| Recurring financial charges | 65 | €92 | €42 | -€50 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €4,310 | €11,386 | +€7,077 | +164% |
| Profit (loss) for the period | 9904 | €4,310 | €11,386 | +€7,077 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €4,310 | €11,386 | +€7,077 | +164% |
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 19 October 2026 via checked.be.