IMMO VLDB: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
IMMO VLDB
Largest movements
- Tangible fixed assets -€22,703
down €22,703 (-6.6%), from €342,363 to €319,660
of which Land and buildings: -€15,133
- Receivables within one year +€10,260
up €10,260 (+194%), from €5,286 to €15,546
of which Trade receivables: +€10,260
- Current portion of long-term debt -€8,625
down €8,625 (-76.4%), from €11,291 to €2,666
- Profit (loss) carried forward -€4,617
down €4,617 (-24.0%), from -€19,201 to -€23,819
- Gross operating margin +€5,256
up €5,256 (+29.9%), from €17,589 to €22,845
- Other operating charges +€2,703
up €2,703 (+223%), from €1,214 to €3,918
- Depreciation +€1,056
up €1,056 (+4.9%), from €21,647 to €22,703
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €362,672 | €348,747 | -€13,924 | -3.8% |
| Fixed assets | 21/28 | €342,363 | €319,660 | -€22,703 | -6.6% |
| Tangible fixed assets | 22/27 | €342,363 | €319,660 | -€22,703 | -6.6% |
| Land and buildings | 22 | €318,845 | €303,713 | -€15,133 | -4.7% |
| Plant, machinery and equipment | 23 | €8,508 | €6,628 | -€1,880 | -22.1% |
| Furniture and vehicles | 24 | €15,010 | €9,320 | -€5,690 | -37.9% |
| Current assets | 29/58 | €20,309 | €29,087 | +€8,778 | +43.2% |
| Stocks and contracts in progress | 3 | €1,997 | €2,068 | +€72 | +3.6% |
| Stocks | 30/36 | €1,997 | €2,068 | +€72 | +3.6% |
| Amounts receivable within one year | 40/41 | €5,286 | €15,546 | +€10,260 | +194% |
| Trade receivables | 40 | €5,226 | €15,486 | +€10,260 | +196% |
| Other amounts receivable | 41 | €60 | €60 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,537 | €10,832 | -€705 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,489 | €641 | -€848 | -56.9% |
| Total equity and liabilities | 10/49 | €362,672 | €348,747 | -€13,924 | -3.8% |
| Equity | 10/15 | €11,970 | €7,353 | -€4,617 | -38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €12,572 | €12,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,201 | -€23,819 | -€4,617 | -24.0% |
| Amounts payable | 17/49 | €350,701 | €341,394 | -€9,307 | -2.7% |
| Amounts payable after more than one year | 17 | €331,750 | €331,120 | -€630 | -0.2% |
| Financial debts | 170/4 | €331,750 | €331,120 | -€630 | -0.2% |
| Amounts payable within one year | 42/48 | €18,951 | €10,274 | -€8,677 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €11,291 | €2,666 | -€8,625 | -76.4% |
| Trade debts | 44 | €5,049 | €2,784 | -€2,265 | -44.9% |
| Suppliers | 440/4 | €5,049 | €2,784 | -€2,265 | -44.9% |
| Taxes, remuneration and social security | 45 | €1,567 | €3,675 | +€2,108 | +135% |
| Taxes | 450/3 | €1,567 | €3,675 | +€2,108 | +135% |
| Other amounts payable | 47/48 | €1,045 | €1,149 | +€104 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,647 | €22,703 | +€1,056 | +4.9% |
| Other operating charges | 640/8 | €1,214 | €3,918 | +€2,703 | +223% |
| Gross operating margin | 9900 | €17,589 | €22,845 | +€5,256 | +29.9% |
| Operating profit (loss) | 9901 | -€5,273 | -€3,776 | +€1,497 | +28.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,053 | €842 | -€212 | -20.1% |
| Recurring financial charges | 65 | €1,053 | €842 | -€212 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,326 | -€4,617 | +€1,708 | +27.0% |
| Profit (loss) for the period | 9904 | -€6,326 | -€4,617 | +€1,708 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,326 | -€4,617 | +€1,708 | +27.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.