Vanroe 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.
Vanroe Immo
Largest movements
- Receivables within one year +€71,098
up €71,098 (+49.1%), from €144,902 to €216,000
of which Trade receivables: +€72,000
- Tangible fixed assets +€42,122
up €42,122 (+3.8%), from €1.1m to €1.2m
- Other debts +€144,455
up €144,455 (+122%), from €118,806 to €263,261
- Debts after one year -€65,962
down €65,962 (-7.0%), from €946,111 to €880,149
- Reserves +€25,000
up €25,000 (+86.2%), from €29,000 to €54,000
- Gross operating margin +€55,119
up €55,119 (+45.3%), from €121,600 to €176,718
- Depreciation +€25,632
up €25,632 (+32.3%), from €79,243 to €104,875
- Financial charges +€10,354
up €10,354 (+46.7%), from €22,153 to €32,507
- Taxes +€6,009
up €6,009 (+170%), from €3,539 to €9,548
- Other operating charges -€4,720
down €4,720 (-44.1%), from €10,713 to €5,994
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,263,120 | €1,376,655 | +€113,535 | +9.0% |
| Fixed assets | 21/28 | €1,117,915 | €1,160,037 | +€42,122 | +3.8% |
| Tangible fixed assets | 22/27 | €1,117,915 | €1,160,037 | +€42,122 | +3.8% |
| Land and buildings | 22 | €1,117,915 | €1,160,037 | +€42,122 | +3.8% |
| Current assets | 29/58 | €145,205 | €216,618 | +€71,413 | +49.2% |
| Amounts receivable within one year | 40/41 | €144,902 | €216,000 | +€71,098 | +49.1% |
| Trade receivables | 40 | €144,000 | €216,000 | +€72,000 | +50.0% |
| Other amounts receivable | 41 | €902 | - | -€902 | |
| Cash at bank and in hand | 54/58 | €303 | €618 | +€315 | +104% |
| Total equity and liabilities | 10/49 | €1,263,120 | €1,376,655 | +€113,535 | +9.0% |
| Equity | 10/15 | €36,119 | €60,379 | +€24,259 | +67.2% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €29,000 | €54,000 | +€25,000 | +86.2% |
| Distributable reserves | 133 | €29,000 | €54,000 | +€25,000 | +86.2% |
| Profit (loss) carried forward | 14 | €869 | €129 | -€741 | -85.2% |
| Amounts payable | 17/49 | €1,227,000 | €1,316,276 | +€89,276 | +7.3% |
| Amounts payable after more than one year | 17 | €946,111 | €880,149 | -€65,962 | -7.0% |
| Financial debts | 170/4 | €946,111 | €880,149 | -€65,962 | -7.0% |
| Amounts payable within one year | 42/48 | €277,486 | €432,050 | +€154,564 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €143,894 | €146,853 | +€2,959 | +2.1% |
| Trade debts | 44 | €2,994 | €8,255 | +€5,261 | +176% |
| Suppliers | 440/4 | €2,994 | €8,255 | +€5,261 | +176% |
| Taxes, remuneration and social security | 45 | €11,792 | €13,681 | +€1,889 | +16.0% |
| Taxes | 450/3 | €11,792 | €13,681 | +€1,889 | +16.0% |
| Other amounts payable | 47/48 | €118,806 | €263,261 | +€144,455 | +122% |
| Accrued charges and deferred income | 492/3 | €3,403 | €4,077 | +€674 | +19.8% |
| Remuneration, social security and pensions | 62 | -€157 | - | +€157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,243 | €104,875 | +€25,632 | +32.3% |
| Other operating charges | 640/8 | €10,713 | €5,994 | -€4,720 | -44.1% |
| Gross operating margin | 9900 | €121,600 | €176,718 | +€55,119 | +45.3% |
| Operating profit (loss) | 9901 | €31,800 | €65,850 | +€34,049 | +107% |
| Financial income | 75/76B | €165 | €464 | +€299 | +181% |
| Recurring financial income | 75 | €165 | €464 | +€299 | +181% |
| Financial charges | 65/66B | €22,153 | €32,507 | +€10,354 | +46.7% |
| Recurring financial charges | 65 | €22,153 | €32,507 | +€10,354 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €9,812 | €33,807 | +€23,995 | +245% |
| Income taxes | 67/77 | €3,539 | €9,548 | +€6,009 | +170% |
| Profit (loss) for the period | 9904 | €6,273 | €24,259 | +€17,986 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €6,273 | €24,259 | +€17,986 | +287% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.