IMMO VILASILI: 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 VILASILI
Largest movements
- Tangible fixed assets -€43,714
down €43,714 (-5.3%), from €829,750 to €786,036
of which Land and buildings: -€33,376
- Cash +€19,326
up €19,326 (+143.9%), from €13,429 to €32,755
mainly Depreciation (+€87,974) and Net result for the year (+€51,439)
- Other debts -€67,210
down €67,210 (-21.2%), from €316,605 to €249,395
- Reserves +€51,000
up €51,000 (+23.4%), from €218,200 to €269,200
- Debts after one year -€16,954
down €16,954 (-62.4%), from €27,181 to €10,227
- Gross operating margin +€34,681
up €34,681 (+22.1%), from €156,594 to €191,275
- Depreciation +€12,118
up €12,118 (+16.0%), from €75,856 to €87,974
- Taxes +€9,566
up €9,566 (+65.7%), from €14,553 to €24,119
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 | €849,195 | €818,792 | -€30,403 | -3.6% |
| Fixed assets | 21/28 | €829,750 | €786,036 | -€43,714 | -5.3% |
| Tangible fixed assets | 22/27 | €829,750 | €786,036 | -€43,714 | -5.3% |
| Land and buildings | 22 | €414,565 | €381,189 | -€33,376 | -8.1% |
| Plant, machinery and equipment | 23 | €2,767 | €2,037 | -€730 | -26.4% |
| Furniture and vehicles | 24 | €7,757 | €7,871 | +€114 | +1.5% |
| Other tangible fixed assets | 26 | €404,661 | €394,939 | -€9,722 | -2.4% |
| Current assets | 29/58 | €19,445 | €32,755 | +€13,310 | +68.5% |
| Amounts receivable within one year | 40/41 | €3,447 | €0 | -€3,447 | -100.0% |
| Other amounts receivable | 41 | €3,447 | €0 | -€3,447 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,429 | €32,755 | +€19,326 | +143.9% |
| Deferred charges and accrued income | 490/1 | €2,569 | €0 | -€2,569 | -100.0% |
| Total equity and liabilities | 10/49 | €849,195 | €818,792 | -€30,403 | -3.6% |
| Equity | 10/15 | €473,890 | €525,329 | +€51,439 | +10.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €218,200 | €269,200 | +€51,000 | +23.4% |
| Distributable reserves | 133 | €218,200 | €269,200 | +€51,000 | +23.4% |
| Profit (loss) carried forward | 14 | €180,690 | €181,129 | +€439 | +0.2% |
| Amounts payable | 17/49 | €375,305 | €293,463 | -€81,842 | -21.8% |
| Amounts payable after more than one year | 17 | €27,181 | €10,227 | -€16,954 | -62.4% |
| Financial debts | 170/4 | €27,181 | €10,227 | -€16,954 | -62.4% |
| Amounts payable within one year | 42/48 | €344,606 | €282,381 | -€62,225 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €16,250 | €23,022 | +€6,772 | +41.7% |
| Financial debts | 43 | €6,106 | €0 | -€6,106 | -100.0% |
| Credit institutions | 430/8 | €6,106 | €0 | -€6,106 | -100.0% |
| Trade debts | 44 | €4,910 | €3,129 | -€1,781 | -36.3% |
| Suppliers | 440/4 | €4,910 | €3,129 | -€1,781 | -36.3% |
| Advances received on contracts in progress | 46 | €735 | €735 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | - | €6,100 | +€6,100 | |
| Taxes | 450/3 | - | €6,100 | +€6,100 | |
| Other amounts payable | 47/48 | €316,605 | €249,395 | -€67,210 | -21.2% |
| Accrued charges and deferred income | 492/3 | €3,518 | €855 | -€2,663 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,856 | €87,974 | +€12,118 | +16.0% |
| Other operating charges | 640/8 | €25,470 | €24,886 | -€585 | -2.3% |
| Gross operating margin | 9900 | €156,594 | €191,275 | +€34,681 | +22.1% |
| Operating profit (loss) | 9901 | €55,268 | €78,416 | +€23,148 | +41.9% |
| Financial income | 75/76B | €2 | €65 | +€63 | +3139.5% |
| Recurring financial income | 75 | €2 | €65 | +€63 | +3139.5% |
| Financial charges | 65/66B | €1,857 | €2,922 | +€1,065 | +57.4% |
| Recurring financial charges | 65 | €1,857 | €2,922 | +€1,065 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €53,413 | €75,559 | +€22,146 | +41.5% |
| Income taxes | 67/77 | €14,553 | €24,119 | +€9,566 | +65.7% |
| Profit (loss) for the period | 9904 | €38,860 | €51,439 | +€12,579 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,860 | €51,439 | +€12,579 | +32.4% |
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 12 October 2026 via checked.be.