VAL VERT IMMO: what changed
Two fiscal 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.
VAL VERT IMMO
Largest movements
- Tangible fixed assets -€6,919
down €6,919 (-1.0%), from €666,622 to €659,703
of which Land and buildings: -€6,919
- Profit (loss) carried forward -€38,540
down €38,540 (-50.5%), from -€76,385 to -€114,925
- Debts after one year +€32,355
up €32,355 (+4.6%), from €697,933 to €730,288
of which Financial debts: +€32,355
- Gross operating margin +€3,731
up €3,731 (+48.4%), from €7,712 to €11,443
- Depreciation +€3,384
up €3,384 (+21.6%), from €15,687 to €19,070
- Financial charges +€2,306
up €2,306 (+8.8%), from €26,226 to €28,532
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 | €668,324 | €660,336 | -€7,988 | -1.2% |
| Fixed assets | 21/28 | €666,622 | €659,703 | -€6,919 | -1.0% |
| Tangible fixed assets | 22/27 | €666,622 | €659,703 | -€6,919 | -1.0% |
| Land and buildings | 22 | €666,622 | €659,703 | -€6,919 | -1.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €1,702 | €633 | -€1,069 | -62.8% |
| Cash at bank and in hand | 54/58 | €1,351 | €633 | -€718 | -53.2% |
| Deferred charges and accrued income | 490/1 | €351 | €0 | -€351 | -100.0% |
| Total equity and liabilities | 10/49 | €668,324 | €660,336 | -€7,988 | -1.2% |
| Equity | 10/15 | -€66,385 | -€104,925 | -€38,540 | -58.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,385 | -€114,925 | -€38,540 | -50.5% |
| Amounts payable | 17/49 | €734,709 | €765,261 | +€30,552 | +4.2% |
| Amounts payable after more than one year | 17 | €697,933 | €730,288 | +€32,355 | +4.6% |
| Financial debts | 170/4 | €696,233 | €728,588 | +€32,355 | +4.6% |
| Other amounts payable | 178/9 | €1,700 | €1,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,776 | €34,973 | -€1,804 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €33,795 | €34,827 | +€1,032 | +3.1% |
| Trade debts | 44 | €2,981 | €145 | -€2,835 | -95.1% |
| Suppliers | 440/4 | €2,981 | €145 | -€2,835 | -95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,687 | €19,070 | +€3,384 | +21.6% |
| Other operating charges | 640/8 | €2,308 | €2,381 | +€73 | +3.2% |
| Gross operating margin | 9900 | €7,712 | €11,443 | +€3,731 | +48.4% |
| Operating profit (loss) | 9901 | -€10,283 | -€10,008 | +€275 | +2.7% |
| Financial charges | 65/66B | €26,226 | €28,532 | +€2,306 | +8.8% |
| Recurring financial charges | 65 | €26,226 | €28,532 | +€2,306 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,509 | -€38,540 | -€2,031 | -5.6% |
| Profit (loss) for the period | 9904 | -€36,509 | -€38,540 | -€2,031 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,509 | -€38,540 | -€2,031 | -5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.