ImmoVisions: 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.
ImmoVisions
Largest movements
- Stocks and contracts -€199,578
down €199,578 (-49.3%), from €404,614 to €205,037
- Cash +€64,731
up €64,731 (+4,377%), from €1,479 to €66,210
mainly Stocks and contracts (+€199,578) and Trade debts (+€48,620)
- Receivables within one year +€5,141
up €5,141 (+108%), from €4,750 to €9,891
of which Other amounts receivable: +€5,141
- Reserves -€93,225
down €93,225 (-87.6%), from €106,396 to €13,171
of which Distributable reserves: -€93,225
- Short-term financial debts -€77,239
no longer reported in 2025 (was €77,239)
- Trade debts +€48,620
up €48,620 (+167%), from €29,125 to €77,745
of which Suppliers: +€48,620
- Current portion of long-term debt -€10,000
no longer reported in 2025 (was €10,000)
- Turnover -€339,150
no longer reported in 2025 (was €339,150)
- Purchases and services -€328,800
no longer reported in 2025 (was €328,800)
- Gross operating margin -€93,687
down €93,687, from €10,350 to -€83,337
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 | €411,509 | €281,542 | -€129,968 | -31.6% |
| Fixed assets | 21/28 | €666 | €404 | -€262 | -39.4% |
| Tangible fixed assets | 22/27 | €666 | €404 | -€262 | -39.4% |
| Furniture and vehicles | 24 | €666 | €404 | -€262 | -39.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €410,844 | €281,138 | -€129,705 | -31.6% |
| Stocks and contracts in progress | 3 | €404,614 | €205,037 | -€199,578 | -49.3% |
| Stocks | 30/36 | €404,614 | €205,037 | -€199,578 | -49.3% |
| Amounts receivable within one year | 40/41 | €4,750 | €9,891 | +€5,141 | +108% |
| Trade receivables | 40 | €1,070 | €1,070 | = | 0.0% |
| Other amounts receivable | 41 | €3,680 | €8,821 | +€5,141 | +140% |
| Cash at bank and in hand | 54/58 | €1,479 | €66,210 | +€64,731 | +4,377% |
| Total equity and liabilities | 10/49 | €411,509 | €281,542 | -€129,968 | -31.6% |
| Equity | 10/15 | €112,596 | €19,371 | -€93,225 | -82.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €106,396 | €13,171 | -€93,225 | -87.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €104,536 | €11,311 | -€93,225 | -89.2% |
| Amounts payable | 17/49 | €298,914 | €262,171 | -€36,743 | -12.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €298,914 | €262,171 | -€36,743 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | - | -€10,000 | |
| Financial debts | 43 | €77,239 | - | -€77,239 | |
| Credit institutions | 430/8 | €77,239 | - | -€77,239 | |
| Trade debts | 44 | €29,125 | €77,745 | +€48,620 | +167% |
| Suppliers | 440/4 | €29,125 | €77,745 | +€48,620 | +167% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €75 | €75 | = | 0.0% |
| Taxes | 450/3 | €75 | €75 | = | 0.0% |
| Other amounts payable | 47/48 | €182,475 | €184,351 | +€1,876 | +1.0% |
| Turnover | 70 | €339,150 | - | -€339,150 | |
| Goods, raw materials, services and sundry goods | 60/61 | €328,800 | - | -€328,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €356 | €262 | -€94 | -26.3% |
| Gross operating margin | 9900 | €10,350 | -€83,337 | -€93,687 | |
| Operating profit (loss) | 9901 | €9,994 | -€83,599 | -€93,593 | |
| Financial charges | 65/66B | €9,572 | €9,625 | +€53 | +0.6% |
| Recurring financial charges | 65 | €9,572 | €9,625 | +€53 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €422 | -€93,225 | -€93,646 | |
| Income taxes | 67/77 | €75 | - | -€75 | |
| Profit (loss) for the period | 9904 | €347 | -€93,225 | -€93,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €347 | -€93,225 | -€93,572 |
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 30 October 2026 via checked.be.