ImmoVentus: 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.
ImmoVentus
Largest movements
- Tangible fixed assets -€12,525
down €12,525 (-2.7%), from €456,805 to €444,280
of which Land and buildings: -€12,012
- Tax, wage and social debts +€34,730
up €34,730 (+868%), from €4,000 to €38,730
- Other debts +€33,000
up €33,000 (+70.3%), from €46,951 to €79,951
- Provisions -€32,756
down €32,756 (-40.7%), from €80,501 to €47,745
- Reserves -€20,968
down €20,968 (-8.0%), from €262,805 to €241,837
of which Tax-exempt reserves: -€98,268
- Debts after one year -€16,642
down €16,642 (-8.4%), from €198,524 to €181,882
- Taxes +€38,858
new in 2025: €38,858
- Other operating charges +€5,205
up €5,205 (+2,103%), from €248 to €5,453
- Gross operating margin +€1,360
up €1,360 (+25.7%), from €5,286 to €6,646
- Financial charges -€434
down €434 (-10.7%), from €4,046 to €3,612
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 | €819,368 | €813,706 | -€5,663 | -0.7% |
| Fixed assets | 21/28 | €456,805 | €444,280 | -€12,525 | -2.7% |
| Tangible fixed assets | 22/27 | €456,805 | €444,280 | -€12,525 | -2.7% |
| Land and buildings | 22 | €455,907 | €443,895 | -€12,012 | -2.6% |
| Plant, machinery and equipment | 23 | €898 | €385 | -€513 | -57.1% |
| Current assets | 29/58 | €362,563 | €369,426 | +€6,863 | +1.9% |
| Amounts receivable after more than one year | 29 | €192,000 | €192,000 | = | 0.0% |
| Other amounts receivable | 291 | €192,000 | €192,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €116,882 | €116,882 | = | 0.0% |
| Stocks | 30/36 | €116,882 | €116,882 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,744 | €22,766 | +€23 | +0.1% |
| Other amounts receivable | 41 | €22,744 | €22,766 | +€23 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,906 | €4,229 | +€323 | +8.3% |
| Deferred charges and accrued income | 490/1 | €27,032 | €33,548 | +€6,517 | +24.1% |
| Total equity and liabilities | 10/49 | €819,368 | €813,706 | -€5,663 | -0.7% |
| Equity | 10/15 | €461,845 | €446,425 | -€15,420 | -3.3% |
| Contributions | 10/11 | €204,500 | €204,500 | = | 0.0% |
| Reserves | 13 | €262,805 | €241,837 | -€20,968 | -8.0% |
| Tax-exempt reserves | 132 | €241,504 | €143,236 | -€98,268 | -40.7% |
| Distributable reserves | 133 | €21,301 | €98,601 | +€77,300 | +363% |
| Profit (loss) carried forward | 14 | -€5,460 | €88 | +€5,548 | |
| Provisions and deferred taxes | 16 | €80,501 | €47,745 | -€32,756 | -40.7% |
| Deferred taxes | 168 | €80,501 | €47,745 | -€32,756 | -40.7% |
| Amounts payable | 17/49 | €277,022 | €319,536 | +€42,514 | +15.3% |
| Amounts payable after more than one year | 17 | €198,524 | €181,882 | -€16,642 | -8.4% |
| Financial debts | 170/4 | €198,524 | €181,882 | -€16,642 | -8.4% |
| Amounts payable within one year | 42/48 | €73,074 | €137,654 | +€64,580 | +88.4% |
| Current portion of amounts payable after more than one year | 42 | €16,379 | €16,642 | +€263 | +1.6% |
| Trade debts | 44 | €5,744 | €2,331 | -€3,413 | -59.4% |
| Suppliers | 440/4 | €5,744 | €2,331 | -€3,413 | -59.4% |
| Taxes, remuneration and social security | 45 | €4,000 | €38,730 | +€34,730 | +868% |
| Taxes | 450/3 | €4,000 | €38,730 | +€34,730 | +868% |
| Other amounts payable | 47/48 | €46,951 | €79,951 | +€33,000 | +70.3% |
| Accrued charges and deferred income | 492/3 | €5,424 | - | -€5,424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,525 | €12,525 | = | 0.0% |
| Other operating charges | 640/8 | €248 | €5,453 | +€5,205 | +2,103% |
| Gross operating margin | 9900 | €5,286 | €6,646 | +€1,360 | +25.7% |
| Operating profit (loss) | 9901 | -€7,486 | -€11,332 | -€3,846 | -51.4% |
| Financial income | 75/76B | €5,617 | €5,626 | +€9 | +0.2% |
| Recurring financial income | 75 | €5,617 | €5,626 | +€9 | +0.2% |
| Financial charges | 65/66B | €4,046 | €3,612 | -€434 | -10.7% |
| Recurring financial charges | 65 | €4,046 | €3,612 | -€434 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,916 | -€9,319 | -€3,403 | -57.5% |
| Transfer from deferred taxes | 780 | - | €32,756 | +€32,756 | |
| Income taxes | 67/77 | - | €38,858 | +€38,858 | |
| Profit (loss) for the period | 9904 | -€5,916 | -€15,420 | -€9,504 | -161% |
| Transfer from tax-exempt reserves | 789 | - | €98,268 | +€98,268 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,916 | €82,848 | +€88,764 |
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 20 October 2026 via checked.be.