VAN IMMOB: 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.
VAN IMMOB
Largest movements
- Tangible fixed assets +€10,595
up €10,595 (+14.0%), from €75,683 to €86,278
of which Furniture and vehicles: +€16,406
- Receivables within one year +€5,070
up €5,070 (+6.4%), from €79,793 to €84,863
of which Other amounts receivable: +€7,646
- Other debts +€70,435
up €70,435 (+290.8%), from €24,225 to €94,660
- Reserves -€59,516
down €59,516 (-33.6%), from €177,269 to €117,753
of which Distributable reserves: -€59,516
- Tax, wage and social debts +€6,222
up €6,222 (+80.6%), from €7,716 to €13,937
- Gross operating margin +€6,846
up €6,846 (+11.0%), from €62,143 to €68,990
- Depreciation +€2,118
up €2,118 (+20.6%), from €10,284 to €12,401
- Taxes +€1,912
up €1,912 (+10.4%), from €18,314 to €20,227
- Financial income +€1,630
up €1,630 (+48.3%), from €3,376 to €5,006
- Financial charges -€1,283
down €1,283 (-96.7%), from €1,327 to €44
of which Non-recurring financial charges: -€1,164
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 | €314,974 | €331,447 | +€16,474 | +5.2% |
| Fixed assets | 21/28 | €75,683 | €86,278 | +€10,595 | +14.0% |
| Tangible fixed assets | 22/27 | €75,683 | €86,278 | +€10,595 | +14.0% |
| Land and buildings | 22 | €66,615 | €61,604 | -€5,011 | -7.5% |
| Plant, machinery and equipment | 23 | €2,562 | €1,762 | -€800 | -31.2% |
| Furniture and vehicles | 24 | €6,506 | €22,913 | +€16,406 | +252.2% |
| Current assets | 29/58 | €239,291 | €245,169 | +€5,878 | +2.5% |
| Amounts receivable within one year | 40/41 | €79,793 | €84,863 | +€5,070 | +6.4% |
| Trade receivables | 40 | €3,693 | €1,117 | -€2,576 | -69.8% |
| Other amounts receivable | 41 | €76,100 | €83,746 | +€7,646 | +10.0% |
| Cash at bank and in hand | 54/58 | €156,958 | €157,587 | +€629 | +0.4% |
| Deferred charges and accrued income | 490/1 | €2,540 | €2,720 | +€180 | +7.1% |
| Total equity and liabilities | 10/49 | €314,974 | €331,447 | +€16,474 | +5.2% |
| Equity | 10/15 | €279,668 | €220,152 | -€59,516 | -21.3% |
| Contributions | 10/11 | €53,013 | €53,013 | = | 0.0% |
| Reserves | 13 | €177,269 | €117,753 | -€59,516 | -33.6% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €171,269 | €111,753 | -€59,516 | -34.7% |
| Profit (loss) carried forward | 14 | €49,386 | €49,386 | = | 0.0% |
| Amounts payable | 17/49 | €35,306 | €111,295 | +€75,989 | +215.2% |
| Amounts payable within one year | 42/48 | €35,306 | €111,295 | +€75,989 | +215.2% |
| Trade debts | 44 | €3,365 | €2,698 | -€667 | -19.8% |
| Suppliers | 440/4 | €3,365 | €2,698 | -€667 | -19.8% |
| Taxes, remuneration and social security | 45 | €7,716 | €13,937 | +€6,222 | +80.6% |
| Taxes | 450/3 | €7,716 | €13,937 | +€6,222 | +80.6% |
| Other amounts payable | 47/48 | €24,225 | €94,660 | +€70,435 | +290.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,284 | €12,401 | +€2,118 | +20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€250 | €0 | +€250 | |
| Other operating charges | 640/8 | €1,043 | €1,114 | +€71 | +6.8% |
| Gross operating margin | 9900 | €62,143 | €68,990 | +€6,846 | +11.0% |
| Operating profit (loss) | 9901 | €51,067 | €55,475 | +€4,408 | +8.6% |
| Financial income | 75/76B | €3,376 | €5,006 | +€1,630 | +48.3% |
| Recurring financial income | 75 | €3,376 | €5,006 | +€1,630 | +48.3% |
| Financial charges | 65/66B | €1,327 | €44 | -€1,283 | -96.7% |
| Recurring financial charges | 65 | €163 | €44 | -€120 | -73.2% |
| Non-recurring financial charges | 66B | €1,164 | €0 | -€1,164 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €53,116 | €60,437 | +€7,321 | +13.8% |
| Income taxes | 67/77 | €18,314 | €20,227 | +€1,912 | +10.4% |
| Profit (loss) for the period | 9904 | €34,801 | €40,210 | +€5,409 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,801 | €40,210 | +€5,409 | +15.5% |
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 5 October 2026 via checked.be.