IMMO VVD: 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 VVD
Largest movements
- Tangible fixed assets -€25,899
down €25,899 (-7.7%), from €334,222 to €308,323
- Cash +€8,952
up €8,952 (+99.7%), from €8,983 to €17,934
mainly Depreciation (+€25,899) and Net result for the year (+€15,484)
- Other debts -€24,000
down €24,000 (-72.8%), from €32,980 to €8,980
- Reserves +€15,480
up €15,480 (+8.6%), from €179,660 to €195,140
- Trade debts -€4,410
down €4,410 (-4.6%), from €95,375 to €90,965
- Gross operating margin +€58,091
up €58,091, from -€2,183 to €55,908
- Provisions +€54,850
up €54,850, from -€54,850 to €0
- Taxes +€957
up €957 (+15.3%), from €6,269 to €7,225
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 | €343,705 | €328,554 | -€15,151 | -4.4% |
| Fixed assets | 21/28 | €334,222 | €308,323 | -€25,899 | -7.7% |
| Tangible fixed assets | 22/27 | €334,222 | €308,323 | -€25,899 | -7.7% |
| Land and buildings | 22 | €334,222 | €308,323 | -€25,899 | -7.7% |
| Current assets | 29/58 | €9,483 | €20,231 | +€10,748 | +113.3% |
| Amounts receivable within one year | 40/41 | - | €1,797 | +€1,797 | |
| Other amounts receivable | 41 | - | €1,797 | +€1,797 | |
| Cash at bank and in hand | 54/58 | €8,983 | €17,934 | +€8,952 | +99.7% |
| Deferred charges and accrued income | 490/1 | €500 | €500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €343,705 | €328,554 | -€15,151 | -4.4% |
| Equity | 10/15 | €198,759 | €214,243 | +€15,484 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,660 | €195,140 | +€15,480 | +8.6% |
| Distributable reserves | 133 | €179,660 | €195,140 | +€15,480 | +8.6% |
| Profit (loss) carried forward | 14 | €499 | €503 | +€4 | +0.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €144,946 | €114,311 | -€30,635 | -21.1% |
| Amounts payable within one year | 42/48 | €133,396 | €102,165 | -€31,232 | -23.4% |
| Trade debts | 44 | €95,375 | €90,965 | -€4,410 | -4.6% |
| Suppliers | 440/4 | €95,375 | €90,965 | -€4,410 | -4.6% |
| Taxes, remuneration and social security | 45 | €5,041 | €2,219 | -€2,822 | -56.0% |
| Taxes | 450/3 | €5,041 | €2,219 | -€2,822 | -56.0% |
| Other amounts payable | 47/48 | €32,980 | €8,980 | -€24,000 | -72.8% |
| Accrued charges and deferred income | 492/3 | €11,550 | €12,147 | +€597 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,899 | €25,899 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€54,850 | €0 | +€54,850 | |
| Other operating charges | 640/8 | €6,909 | €7,121 | +€212 | +3.1% |
| Gross operating margin | 9900 | -€2,183 | €55,908 | +€58,091 | |
| Operating profit (loss) | 9901 | €19,859 | €22,887 | +€3,029 | +15.3% |
| Financial income | 75/76B | €24 | €20 | -€5 | -18.6% |
| Recurring financial income | 75 | €24 | €20 | -€5 | -18.6% |
| Financial charges | 65/66B | €181 | €198 | +€17 | +9.4% |
| Recurring financial charges | 65 | €181 | €198 | +€17 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €19,702 | €22,709 | +€3,007 | +15.3% |
| Income taxes | 67/77 | €6,269 | €7,225 | +€957 | +15.3% |
| Profit (loss) for the period | 9904 | €13,434 | €15,484 | +€2,050 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,434 | €15,484 | +€2,050 | +15.3% |
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 9 October 2026 via checked.be.