IMMO VIGOR: what changed
Two fiscal 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 VIGOR
Largest movements
- Cash +€544,867
up €544,867 (+887.7%), from €61,380 to €606,247
mainly Stocks and contracts (+€365,796) and Net result for the year (+€182,245)
- Stocks and contracts -€365,796
down €365,796 (-52.1%), from €701,773 to €335,977
- Profit (loss) carried forward +€182,245
up €182,245 (+83.3%), from -€218,876 to -€36,631
- Gross operating margin +€205,469
up €205,469, from -€21,585 to €183,884
- Other operating charges -€47,184
down €47,184 (-97.2%), from €48,551 to €1,367
- Financial charges -€7,474
down €7,474 (-96.5%), from €7,746 to €272
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 | €763,233 | €943,359 | +€180,126 | +23.6% |
| Current assets | 29/58 | €763,233 | €943,359 | +€180,126 | +23.6% |
| Stocks and contracts in progress | 3 | €701,773 | €335,977 | -€365,796 | -52.1% |
| Stocks | 30/36 | €701,773 | €335,977 | -€365,796 | -52.1% |
| Amounts receivable within one year | 40/41 | - | €1,055 | +€1,055 | |
| Trade receivables | 40 | - | €1,055 | +€1,055 | |
| Cash at bank and in hand | 54/58 | €61,380 | €606,247 | +€544,867 | +887.7% |
| Deferred charges and accrued income | 490/1 | €81 | €81 | = | 0.0% |
| Total equity and liabilities | 10/49 | €763,233 | €943,359 | +€180,126 | +23.6% |
| Equity | 10/15 | €646,779 | €829,024 | +€182,245 | +28.2% |
| Contributions | 10/11 | €434,892 | €434,892 | = | 0.0% |
| Reserves | 13 | €430,763 | €430,763 | = | 0.0% |
| Distributable reserves | 133 | €430,763 | €430,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,876 | -€36,631 | +€182,245 | +83.3% |
| Amounts payable | 17/49 | €116,454 | €114,335 | -€2,119 | -1.8% |
| Amounts payable within one year | 42/48 | €116,454 | €114,335 | -€2,119 | -1.8% |
| Trade debts | 44 | - | €124 | +€124 | |
| Suppliers | 440/4 | - | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | €17,981 | €15,738 | -€2,243 | -12.5% |
| Taxes | 450/3 | €17,981 | €15,738 | -€2,243 | -12.5% |
| Other amounts payable | 47/48 | €98,473 | €98,473 | = | 0.0% |
| Non-recurring operating income | 76A | - | €204,501 | +€204,501 | |
| Other operating charges | 640/8 | €48,551 | €1,367 | -€47,184 | -97.2% |
| Gross operating margin | 9900 | -€21,585 | €183,884 | +€205,469 | |
| Operating profit (loss) | 9901 | -€70,136 | €182,517 | +€252,653 | |
| Financial charges | 65/66B | €7,746 | €272 | -€7,474 | -96.5% |
| Recurring financial charges | 65 | €7,746 | €272 | -€7,474 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | -€77,881 | €182,245 | +€260,126 | |
| Profit (loss) for the period | 9904 | -€77,881 | €182,245 | +€260,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,881 | €182,245 | +€260,126 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.