Immo Vijve: 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 Vijve
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+99.6%), from €1.3m to €2.6m
of which Land and buildings: +€1.3m
- Receivables within one year +€897,511
up €897,511 (+92.7%), from €968,499 to €1.9m
of which Other amounts receivable: +€855,998
- Financial fixed assets +€370,000
up €370,000 (+597%), from €62,000 to €432,000
- Deferred charges and accrued income -€301,137
down €301,137 (-98.7%), from €305,011 to €3,873
- Stocks and contracts -€140,150
down €140,150 (-8.4%), from €1.7m to €1.5m
- Other debts +€2.8m
up €2.8m (+175%), from €1.6m to €4.3m
- Current portion of long-term debt -€645,580
down €645,580 (-60.1%), from €1.1m to €428,606
- Advances received +€118,050
new in 2025: €118,050
- Reserves -€74,036
down €74,036 (-6.9%), from €1.1m to €996,003
of which Distributable reserves: -€68,505
- Debts after one year -€68,606
down €68,606 (-20.3%), from €337,588 to €268,982
- Financial income -€1.2m
down €1.2m (-97.9%), from €1.2m to €24,890
of which Financial income: -€1.2m
- Depreciation +€245,855
up €245,855 (+276%), from €89,098 to €334,954
- Gross operating margin +€243,111
up €243,111 (+65.2%), from €372,870 to €615,981
- Financial charges +€54,473
up €54,473 (+122%), from €44,751 to €99,224
- Staff costs -€21,064
down €21,064 (-7.7%), from €274,676 to €253,612
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 | €4,367,773 | €6,446,726 | +€2.1m | +47.6% |
| Fixed assets | 21/28 | €1,343,487 | €2,989,951 | +€1.6m | +123% |
| Tangible fixed assets | 22/27 | €1,281,487 | €2,557,951 | +€1.3m | +99.6% |
| Land and buildings | 22 | €1,272,150 | €2,549,916 | +€1.3m | +100% |
| Plant, machinery and equipment | 23 | €7,737 | €6,899 | -€837 | -10.8% |
| Furniture and vehicles | 24 | €1,600 | €1,136 | -€464 | -29.0% |
| Financial fixed assets | 28 | €62,000 | €432,000 | +€370,000 | +597% |
| Current assets | 29/58 | €3,024,286 | €3,456,774 | +€432,488 | +14.3% |
| Stocks and contracts in progress | 3 | €1,670,599 | €1,530,449 | -€140,150 | -8.4% |
| Stocks | 30/36 | €1,670,599 | €1,530,449 | -€140,150 | -8.4% |
| Amounts receivable within one year | 40/41 | €968,499 | €1,866,010 | +€897,511 | +92.7% |
| Trade receivables | 40 | €62,486 | €104,000 | +€41,514 | +66.4% |
| Other amounts receivable | 41 | €906,013 | €1,762,010 | +€855,998 | +94.5% |
| Cash at bank and in hand | 54/58 | €80,177 | €56,441 | -€23,736 | -29.6% |
| Deferred charges and accrued income | 490/1 | €305,011 | €3,873 | -€301,137 | -98.7% |
| Total equity and liabilities | 10/49 | €4,367,773 | €6,446,726 | +€2.1m | +47.6% |
| Equity | 10/15 | €1,275,818 | €1,201,782 | -€74,036 | -5.8% |
| Contributions | 10/11 | €205,779 | €205,779 | = | 0.0% |
| Reserves | 13 | €1,070,039 | €996,003 | -€74,036 | -6.9% |
| Tax-exempt reserves | 132 | €49,775 | €44,244 | -€5,531 | -11.1% |
| Distributable reserves | 133 | €1,020,264 | €951,759 | -€68,505 | -6.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €16,592 | €14,748 | -€1,844 | -11.1% |
| Deferred taxes | 168 | €16,592 | €14,748 | -€1,844 | -11.1% |
| Amounts payable | 17/49 | €3,075,363 | €5,230,195 | +€2.2m | +70.1% |
| Amounts payable after more than one year | 17 | €337,588 | €268,982 | -€68,606 | -20.3% |
| Financial debts | 170/4 | €337,588 | €268,982 | -€68,606 | -20.3% |
| Amounts payable within one year | 42/48 | €2,731,860 | €4,950,198 | +€2.2m | +81.2% |
| Current portion of amounts payable after more than one year | 42 | €1,074,186 | €428,606 | -€645,580 | -60.1% |
| Trade debts | 44 | €4,730 | €22,712 | +€17,982 | +380% |
| Suppliers | 440/4 | €4,730 | €22,712 | +€17,982 | +380% |
| Advances received on contracts in progress | 46 | - | €118,050 | +€118,050 | |
| Taxes, remuneration and social security | 45 | €74,503 | €41,324 | -€33,178 | -44.5% |
| Taxes | 450/3 | €29,444 | €7,862 | -€21,583 | -73.3% |
| Remuneration and social security | 454/9 | €45,058 | €33,462 | -€11,596 | -25.7% |
| Other amounts payable | 47/48 | €1,578,441 | €4,339,506 | +€2.8m | +175% |
| Accrued charges and deferred income | 492/3 | €5,915 | €11,015 | +€5,100 | +86.2% |
| Remuneration, social security and pensions | 62 | €274,676 | €253,612 | -€21,064 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,098 | €334,954 | +€245,855 | +276% |
| Other operating charges | 640/8 | €16,290 | €28,961 | +€12,671 | +77.8% |
| Gross operating margin | 9900 | €372,870 | €615,981 | +€243,111 | +65.2% |
| Operating profit (loss) | 9901 | -€7,194 | -€1,545 | +€5,649 | +78.5% |
| Financial income | 75/76B | €1,188,236 | €24,890 | -€1.2m | -97.9% |
| Recurring financial income | 75 | €1,188,236 | €24,890 | -€1.2m | -97.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €44,751 | €99,224 | +€54,473 | +122% |
| Recurring financial charges | 65 | €44,751 | €99,224 | +€54,473 | +122% |
| Profit (loss) for the period before taxes | 9903 | €1,136,290 | -€75,879 | -€1.2m | |
| Transfer from deferred taxes | 780 | €1,844 | €1,844 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,138,134 | -€74,036 | -€1.2m | |
| Transfer from tax-exempt reserves | 789 | €5,531 | €5,531 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,143,664 | -€68,505 | -€1.2m |
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.