SSV II IMMO: 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.
SSV II IMMO
Largest movements
- Cash -€1.1m
down €1.1m (-90.9%), from €1.2m to €110,692
mainly Receivables after one year (-€950,000) and Current investments (-€350,000)
- Receivables after one year +€950,000
up €950,000 (+633%), from €150,000 to €1.1m
- Current investments +€350,000
up €350,000 (+233%), from €150,000 to €500,000
- Financial fixed assets -€121,788
down €121,788 (-2.0%), from €6.1m to €6.0m
- Profit (loss) carried forward +€105,097
up €105,097 (+30.8%), from €341,059 to €446,156
- Financial charges -€968,227
down €968,227 (-99.9%), from €969,141 to €913
of which Non-recurring financial charges: -€969,141
- Financial income +€232,090
up €232,090 (+6,687%), from €3,471 to €235,561
- Gross operating margin -€73,367
down €73,367 (-2,835%), from -€2,588 to -€75,955
- Taxes +€38,984
up €38,984, from €0 to €38,984
- Depreciation +€6,126
new in 2025: €6,126
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 | €7,639,213 | €7,785,752 | +€146,539 | +1.9% |
| Fixed assets | 21/28 | €6,086,401 | €6,010,487 | -€75,914 | -1.2% |
| Tangible fixed assets | 22/27 | - | €45,874 | +€45,874 | |
| Furniture and vehicles | 24 | - | €45,874 | +€45,874 | |
| Financial fixed assets | 28 | €6,086,401 | €5,964,613 | -€121,788 | -2.0% |
| Current assets | 29/58 | €1,552,812 | €1,775,265 | +€222,453 | +14.3% |
| Amounts receivable after more than one year | 29 | €150,000 | €1,100,000 | +€950,000 | +633% |
| Other amounts receivable | 291 | €150,000 | €1,100,000 | +€950,000 | +633% |
| Amounts receivable within one year | 40/41 | €27,911 | €35,699 | +€7,788 | +27.9% |
| Trade receivables | 40 | €4,900 | €0 | -€4,900 | -100% |
| Other amounts receivable | 41 | €23,011 | €35,699 | +€12,688 | +55.1% |
| Current investments | 50/53 | €150,000 | €500,000 | +€350,000 | +233% |
| Cash at bank and in hand | 54/58 | €1,222,211 | €110,692 | -€1.1m | -90.9% |
| Deferred charges and accrued income | 490/1 | €2,690 | €28,873 | +€26,183 | +973% |
| Total equity and liabilities | 10/49 | €7,639,213 | €7,785,752 | +€146,539 | +1.9% |
| Equity | 10/15 | €7,619,795 | €7,730,423 | +€110,628 | +1.5% |
| Contributions | 10/11 | €7,050,000 | €7,050,000 | = | 0.0% |
| Capital | 10 | €7,050,000 | €7,050,000 | = | 0.0% |
| Issued capital | 100 | €7,050,000 | €7,050,000 | = | 0.0% |
| Reserves | 13 | €228,736 | €234,267 | +€5,531 | +2.4% |
| Non-distributable reserves | 130/1 | €228,736 | €234,267 | +€5,531 | +2.4% |
| Legal reserve | 130 | €210,000 | €215,531 | +€5,531 | +2.6% |
| Other | 1319 | €18,736 | €18,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | €341,059 | €446,156 | +€105,097 | +30.8% |
| Amounts payable | 17/49 | €19,418 | €55,329 | +€35,911 | +185% |
| Amounts payable within one year | 42/48 | €19,418 | €55,143 | +€35,725 | +184% |
| Trade debts | 44 | €19,418 | €17,328 | -€2,090 | -10.8% |
| Suppliers | 440/4 | €19,418 | €17,328 | -€2,090 | -10.8% |
| Taxes, remuneration and social security | 45 | - | €37,814 | +€37,814 | |
| Taxes | 450/3 | - | €37,814 | +€37,814 | |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Accrued charges and deferred income | 492/3 | - | €185 | +€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,126 | +€6,126 | |
| Other operating charges | 640/8 | €0 | €2,954 | +€2,954 | |
| Gross operating margin | 9900 | -€2,588 | -€75,955 | -€73,367 | -2,835% |
| Operating profit (loss) | 9901 | -€2,588 | -€85,036 | -€82,448 | -3,186% |
| Financial income | 75/76B | €3,471 | €235,561 | +€232,090 | +6,687% |
| Recurring financial income | 75 | €3,471 | €235,561 | +€232,090 | +6,687% |
| Financial charges | 65/66B | €969,141 | €913 | -€968,227 | -99.9% |
| Recurring financial charges | 65 | €0 | €913 | +€913 | |
| Non-recurring financial charges | 66B | €969,141 | €0 | -€969,141 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€968,258 | €149,612 | +€1.1m | |
| Income taxes | 67/77 | €0 | €38,984 | +€38,984 | |
| Profit (loss) for the period | 9904 | -€968,258 | €110,628 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€968,258 | €110,628 | +€1.1m |
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 19 October 2026 via checked.be.