IMMO VIRGIL: 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 VIRGIL
Largest movements
- Cash +€39,518
up €39,518 (+62.3%), from €63,413 to €102,931
mainly Depreciation (+€18,667) and Trade debts (+€8,490)
- Tangible fixed assets -€17,109
down €17,109 (-5.0%), from €340,020 to €322,911
of which Other tangible fixed assets: -€12,746
- Trade debts +€8,490
up €8,490 (+151.6%), from €5,599 to €14,089
- Short-term financial debts +€4,761
new in 2025: €4,761
- Gross operating margin -€9,745
down €9,745 (-30.4%), from €32,004 to €22,259
- Financial income -€7,677
down €7,677 (-99.3%), from €7,728 to €51
- Taxes -€4,740
down €4,740 (-85.9%), from €5,516 to €776
- Depreciation -€3,745
down €3,745 (-16.7%), from €22,412 to €18,667
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 | €414,047 | €433,203 | +€19,156 | +4.6% |
| Fixed assets | 21/28 | €344,340 | €327,231 | -€17,109 | -5.0% |
| Tangible fixed assets | 22/27 | €340,020 | €322,911 | -€17,109 | -5.0% |
| Land and buildings | 22 | €234,728 | €230,364 | -€4,363 | -1.9% |
| Other tangible fixed assets | 26 | €105,292 | €92,546 | -€12,746 | -12.1% |
| Financial fixed assets | 28 | €4,320 | €4,320 | = | 0.0% |
| Current assets | 29/58 | €69,707 | €105,972 | +€36,265 | +52.0% |
| Amounts receivable within one year | 40/41 | €3,583 | - | -€3,583 | |
| Other amounts receivable | 41 | €3,583 | - | -€3,583 | |
| Cash at bank and in hand | 54/58 | €63,413 | €102,931 | +€39,518 | +62.3% |
| Deferred charges and accrued income | 490/1 | €2,711 | €3,041 | +€330 | +12.2% |
| Total equity and liabilities | 10/49 | €414,047 | €433,203 | +€19,156 | +4.6% |
| Equity | 10/15 | €288,295 | €290,406 | +€2,110 | +0.7% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €72,664 | €72,664 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,113 | €16,113 | = | 0.0% |
| Legal reserve | 130 | €16,113 | €16,113 | = | 0.0% |
| Distributable reserves | 133 | €56,551 | €56,551 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,500 | €56,611 | +€2,110 | +3.9% |
| Amounts payable | 17/49 | €125,751 | €142,797 | +€17,045 | +13.6% |
| Amounts payable after more than one year | 17 | - | €555 | +€555 | |
| Other amounts payable | 178/9 | - | €555 | +€555 | |
| Amounts payable within one year | 42/48 | €125,751 | €139,839 | +€14,088 | +11.2% |
| Financial debts | 43 | - | €4,761 | +€4,761 | |
| Credit institutions | 430/8 | - | €4,761 | +€4,761 | |
| Trade debts | 44 | €5,599 | €14,089 | +€8,490 | +151.6% |
| Suppliers | 440/4 | €5,599 | €14,089 | +€8,490 | +151.6% |
| Taxes, remuneration and social security | 45 | €13,493 | €14,269 | +€776 | +5.8% |
| Taxes | 450/3 | €13,493 | €14,269 | +€776 | +5.8% |
| Other amounts payable | 47/48 | €106,660 | €106,721 | +€61 | +0.1% |
| Accrued charges and deferred income | 492/3 | - | €2,402 | +€2,402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,412 | €18,667 | -€3,745 | -16.7% |
| Other operating charges | 640/8 | €387 | €477 | +€89 | +23.1% |
| Non-recurring operating charges | 66A | €84 | - | -€84 | |
| Gross operating margin | 9900 | €32,004 | €22,259 | -€9,745 | -30.4% |
| Operating profit (loss) | 9901 | €9,120 | €3,115 | -€6,005 | -65.8% |
| Financial income | 75/76B | €7,728 | €51 | -€7,677 | -99.3% |
| Recurring financial income | 75 | €7,728 | €51 | -€7,677 | -99.3% |
| Financial charges | 65/66B | €209 | €279 | +€70 | +33.6% |
| Recurring financial charges | 65 | €209 | €279 | +€70 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €16,639 | €2,886 | -€13,753 | -82.7% |
| Income taxes | 67/77 | €5,516 | €776 | -€4,740 | -85.9% |
| Profit (loss) for the period | 9904 | €11,123 | €2,110 | -€9,013 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,123 | €2,110 | -€9,013 | -81.0% |
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 7 October 2026 via checked.be.