IMMO VITAL: 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 VITAL
Largest movements
- Receivables after one year +€1.7m
up €1.7m (+179%), from €950,000 to €2.6m
- Receivables within one year -€431,944
down €431,944 (-73.5%), from €587,502 to €155,558
- Other debts +€2.6m
up €2.6m (+1,756%), from €150,888 to €2.8m
- Current portion of long-term debt -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Profit (loss) carried forward +€56,925
up €56,925 (+31.1%), from -€182,880 to -€125,955
- Accrued charges and deferred income -€48,616
down €48,616 (-100%), from €48,616 to €0
- Financial charges -€107,610
down €107,610 (-97.8%), from €110,010 to €2,400
- Financial income -€58,791
down €58,791 (-47.2%), from €124,509 to €65,719
- Gross operating margin -€15,079
down €15,079 (-34.1%), from €44,156 to €29,077
- Other operating charges +€667
up €667 (+1.9%), from €34,804 to €35,471
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 | €1,604,026 | €2,885,010 | +€1.3m | +79.9% |
| Fixed assets | 21/28 | €66,480 | €66,480 | = | 0.0% |
| Tangible fixed assets | 22/27 | €66,480 | €66,480 | = | 0.0% |
| Land and buildings | 22 | €66,480 | €66,480 | = | 0.0% |
| Current assets | 29/58 | €1,537,547 | €2,818,531 | +€1.3m | +83.3% |
| Amounts receivable after more than one year | 29 | €950,000 | €2,649,013 | +€1.7m | +179% |
| Other amounts receivable | 291 | €950,000 | €2,649,013 | +€1.7m | +179% |
| Amounts receivable within one year | 40/41 | €587,502 | €155,558 | -€431,944 | -73.5% |
| Other amounts receivable | 41 | €587,502 | €155,558 | -€431,944 | -73.5% |
| Cash at bank and in hand | 54/58 | €45 | €5,658 | +€5,613 | +12,485% |
| Deferred charges and accrued income | 490/1 | - | €8,301 | +€8,301 | |
| Total equity and liabilities | 10/49 | €1,604,026 | €2,885,010 | +€1.3m | +79.9% |
| Equity | 10/15 | -€5,478 | €51,447 | +€56,925 | |
| Contributions | 10/11 | €62,620 | €62,620 | = | 0.0% |
| Capital | 10 | €62,620 | €62,620 | = | 0.0% |
| Issued capital | 100 | €62,620 | €62,620 | = | 0.0% |
| Reserves | 13 | €114,782 | €114,782 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,262 | €6,262 | = | 0.0% |
| Legal reserve | 130 | €6,262 | €6,262 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,223 | €49,223 | = | 0.0% |
| Distributable reserves | 133 | €59,297 | €59,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,880 | -€125,955 | +€56,925 | +31.1% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Environmental obligations | 163 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,599,504 | €2,823,563 | +€1.2m | +76.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,550,888 | €2,823,563 | +€1.3m | +82.1% |
| Current portion of amounts payable after more than one year | 42 | €1,400,000 | €0 | -€1.4m | -100% |
| Trade debts | 44 | - | €23,563 | +€23,563 | |
| Suppliers | 440/4 | - | €23,563 | +€23,563 | |
| Other amounts payable | 47/48 | €150,888 | €2,800,000 | +€2.6m | +1,756% |
| Accrued charges and deferred income | 492/3 | €48,616 | €0 | -€48,616 | -100% |
| Other operating charges | 640/8 | €34,804 | €35,471 | +€667 | +1.9% |
| Gross operating margin | 9900 | €44,156 | €29,077 | -€15,079 | -34.1% |
| Operating profit (loss) | 9901 | €9,352 | -€6,394 | -€15,747 | |
| Financial income | 75/76B | €124,509 | €65,719 | -€58,791 | -47.2% |
| Recurring financial income | 75 | €124,509 | €65,719 | -€58,791 | -47.2% |
| Financial charges | 65/66B | €110,010 | €2,400 | -€107,610 | -97.8% |
| Recurring financial charges | 65 | €110,010 | €2,400 | -€107,610 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €23,852 | €56,925 | +€33,073 | +139% |
| Profit (loss) for the period | 9904 | €23,852 | €56,925 | +€33,073 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €23,852 | €56,925 | +€33,073 | +139% |
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 16 October 2026 via checked.be.