VARICO - IMMO: what changed
VARICO - IMMO
Largest movements
- Cash +€52,220
up €52,220 (+53.6%), from €97,442 to €149,663
mainly Net result for the year (+€24,236) and Investment in fixed assets (net) (+€13,950)
- Financial fixed assets -€13,950
down €13,950 (-48.3%), from €28,910 to €14,960
- Receivables within one year -€5,034
down €5,034 (-96.1%), from €5,240 to €206
- Deferred charges and accrued income -€3,000
down €3,000 (-100%), from €3,000 to €0
- Profit (loss) carried forward +€24,236
up €24,236 (+44.5%), from €54,470 to €78,707
- Accrued charges and deferred income +€6,000
up €6,000 (+1,270%), from €472 to €6,472
- Financial income +€17,545
up €17,545 (+6,621%), from €265 to €17,810
of which Non-recurring financial income: +€17,356
- Gross operating margin -€340
down €340 (-3.5%), from €9,717 to €9,377
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,593 | €164,829 | +€30,236 | +22.5% |
| Fixed assets | 21/28 | €28,910 | €14,960 | -€13,950 | -48.3% |
| Financial fixed assets | 28 | €28,910 | €14,960 | -€13,950 | -48.3% |
| Current assets | 29/58 | €105,683 | €149,869 | +€44,186 | +41.8% |
| Amounts receivable within one year | 40/41 | €5,240 | €206 | -€5,034 | -96.1% |
| Other amounts receivable | 41 | €5,240 | €206 | -€5,034 | -96.1% |
| Cash at bank and in hand | 54/58 | €97,442 | €149,663 | +€52,220 | +53.6% |
| Deferred charges and accrued income | 490/1 | €3,000 | €0 | -€3,000 | -100% |
| Total equity and liabilities | 10/49 | €134,593 | €164,829 | +€30,236 | +22.5% |
| Equity | 10/15 | €122,120 | €146,357 | +€24,236 | +19.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,470 | €78,707 | +€24,236 | +44.5% |
| Amounts payable | 17/49 | €12,472 | €18,472 | +€6,000 | +48.1% |
| Amounts payable within one year | 42/48 | €12,000 | €12,000 | = | 0.0% |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €472 | €6,472 | +€6,000 | +1,270% |
| Other operating charges | 640/8 | €505 | €507 | +€2 | +0.4% |
| Gross operating margin | 9900 | €9,717 | €9,377 | -€340 | -3.5% |
| Operating profit (loss) | 9901 | €9,212 | €8,870 | -€342 | -3.7% |
| Financial income | 75/76B | €265 | €17,810 | +€17,545 | +6,621% |
| Recurring financial income | 75 | €265 | €454 | +€189 | +71.4% |
| Non-recurring financial income | 76B | - | €17,356 | +€17,356 | |
| Financial charges | 65/66B | €120 | €150 | +€30 | +25.0% |
| Recurring financial charges | 65 | €120 | €150 | +€30 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €9,357 | €26,530 | +€17,173 | +184% |
| Income taxes | 67/77 | €2,339 | €2,294 | -€46 | -2.0% |
| Profit (loss) for the period | 9904 | €7,017 | €24,236 | +€17,219 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €7,017 | €24,236 | +€17,219 | +245% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.