VB IMMO: what changed
What changed
VB IMMO
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€4,069
2024 · -€6,641+€10,711
Equity
-€272,376
2024 · -€276,445+€4,069
Cash
€36,665
2024 · €29,652+€7,013
Balance sheet total
€869,758
2024 · €891,119-€21,362
Largest movements
Assets
- Tangible fixed assets -€39,869
down €39,869 (-4.6%), from €859,469 to €819,601
of which Land and buildings: -€39,698
- Receivables within one year +€11,472
up €11,472 (+574%), from €1,998 to €13,470
of which Other amounts receivable: +€5,994
Equity and liabilities
- Debts after one year -€49,388
down €49,388 (-8.2%), from €598,717 to €549,329
- Other debts +€15,547
up €15,547 (+3.1%), from €503,978 to €519,526
Income statement
- Gross operating margin +€10,398
up €10,398 (+8.8%), from €117,518 to €127,916
- Financial charges -€1,465
down €1,465 (-7.4%), from €19,854 to €18,389
- Staff costs +€1,395
up €1,395 (+2.4%), from €57,019 to €58,414
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.
Result 2024
-€6,641
Gross operating margin
+€10,398
Staff costs
-€1,395
Other operating charges
+€226
Financial income
+€21
Financial charges
+€1,465
Taxes
-€4
Result 2025
€4,069
raises the resultlowers the result
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.
From operations
+€55,342
Investment
€0
Financing
-€48,329
Cash 2024
€29,652
From operations (derived)
+€55,342
Net result for the year
+€4,069
Depreciation
+€39,869
Receivables within one year
-€11,472
Deferred charges and accrued income
-€22
Trade debts
+€4,646
Tax, wage and social debts
+€2,705
Other debts
+€15,547
Financing
-€48,329
Debts after one year
-€49,388
Current portion of long-term debt
+€1,059
Cash 2025
€36,665
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €891,119 | €869,758 | -€21,362 | -2.4% |
| Fixed assets | 21/28 | €859,469 | €819,601 | -€39,869 | -4.6% |
| Tangible fixed assets | 22/27 | €859,469 | €819,601 | -€39,869 | -4.6% |
| Land and buildings | 22 | €857,732 | €818,034 | -€39,698 | -4.6% |
| Plant, machinery and equipment | 23 | €1,737 | €1,566 | -€171 | -9.8% |
| Current assets | 29/58 | €31,650 | €50,157 | +€18,507 | +58.5% |
| Amounts receivable within one year | 40/41 | €1,998 | €13,470 | +€11,472 | +574% |
| Trade receivables | 40 | - | €5,478 | +€5,478 | |
| Other amounts receivable | 41 | €1,998 | €7,992 | +€5,994 | +300% |
| Cash at bank and in hand | 54/58 | €29,652 | €36,665 | +€7,013 | +23.7% |
| Deferred charges and accrued income | 490/1 | - | €22 | +€22 | |
| Total equity and liabilities | 10/49 | €891,119 | €869,758 | -€21,362 | -2.4% |
| Equity | 10/15 | -€276,445 | -€272,376 | +€4,069 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,045 | -€290,976 | +€4,069 | +1.4% |
| Amounts payable | 17/49 | €1,167,564 | €1,142,133 | -€25,431 | -2.2% |
| Amounts payable after more than one year | 17 | €598,717 | €549,329 | -€49,388 | -8.2% |
| Financial debts | 170/4 | €598,717 | €549,329 | -€49,388 | -8.2% |
| Amounts payable within one year | 42/48 | €568,847 | €592,805 | +€23,957 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €48,329 | €49,388 | +€1,059 | +2.2% |
| Trade debts | 44 | €5,248 | €9,894 | +€4,646 | +88.5% |
| Suppliers | 440/4 | €5,248 | €9,894 | +€4,646 | +88.5% |
| Taxes, remuneration and social security | 45 | €11,292 | €13,996 | +€2,705 | +24.0% |
| Taxes | 450/3 | €675 | €2,984 | +€2,309 | +342% |
| Remuneration and social security | 454/9 | €10,617 | €11,012 | +€395 | +3.7% |
| Other amounts payable | 47/48 | €503,978 | €519,526 | +€15,547 | +3.1% |
| Remuneration, social security and pensions | 62 | €57,019 | €58,414 | +€1,395 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,869 | €39,869 | = | 0.0% |
| Other operating charges | 640/8 | €7,428 | €7,202 | -€226 | -3.0% |
| Gross operating margin | 9900 | €117,518 | €127,916 | +€10,398 | +8.8% |
| Operating profit (loss) | 9901 | €13,203 | €22,431 | +€9,229 | +69.9% |
| Financial income | 75/76B | €10 | €31 | +€21 | +212% |
| Recurring financial income | 75 | €10 | €31 | +€21 | +212% |
| Financial charges | 65/66B | €19,854 | €18,389 | -€1,465 | -7.4% |
| Recurring financial charges | 65 | €19,854 | €18,389 | -€1,465 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,641 | €4,073 | +€10,715 | |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | -€6,641 | €4,069 | +€10,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,641 | €4,069 | +€10,711 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.