VCM IRIS 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.
VCM IRIS IMMO
Largest movements
- Receivables within one year +€15,861
up €15,861 (+113.0%), from €14,039 to €29,901
of which Trade receivables: +€15,861
- Cash +€10,825
up €10,825 (+86.3%), from €12,546 to €23,371
mainly Trade debts (+€12,583) and Other debts (+€6,293)
- Deferred charges and accrued income -€4,890
down €4,890 (-23.7%), from €20,588 to €15,698
- Tangible fixed assets -€2,612
down €2,612 (-28.1%), from €9,310 to €6,698
- Trade debts +€12,583
up €12,583 (+184.0%), from €6,839 to €19,422
- Other debts +€6,293
up €6,293 (+49.8%), from €12,648 to €18,941
- Debts after one year -€944
down €944 (-52.0%), from €1,815 to €871
- Staff costs +€21,613
up €21,613 (+175.9%), from €12,287 to €33,899
- Gross operating margin +€20,853
up €20,853 (+56.5%), from €36,929 to €57,782
- Financial charges +€3,878
up €3,878 (+292.6%), from €1,326 to €5,204
- Other operating charges -€2,658
down €2,658 (-33.9%), from €7,835 to €5,177
- Taxes +€790
up €790 (+9.6%), from €8,260 to €9,050
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.
Cash bridge derived
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 | €56,708 | €75,893 | +€19,185 | +33.8% |
| Fixed assets | 21/28 | €9,535 | €6,923 | -€2,612 | -27.4% |
| Tangible fixed assets | 22/27 | €9,310 | €6,698 | -€2,612 | -28.1% |
| Plant, machinery and equipment | 23 | €3,709 | €2,967 | -€742 | -20.0% |
| Furniture and vehicles | 24 | €2,268 | €1,868 | -€400 | -17.7% |
| Leasing and similar rights | 25 | €1,228 | - | -€1,228 | |
| Other tangible fixed assets | 26 | €2,106 | €1,863 | -€242 | -11.5% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €47,173 | €68,970 | +€21,797 | +46.2% |
| Amounts receivable within one year | 40/41 | €14,039 | €29,901 | +€15,861 | +113.0% |
| Trade receivables | 40 | €13,427 | €29,288 | +€15,861 | +118.1% |
| Other amounts receivable | 41 | €613 | €613 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,546 | €23,371 | +€10,825 | +86.3% |
| Deferred charges and accrued income | 490/1 | €20,588 | €15,698 | -€4,890 | -23.7% |
| Total equity and liabilities | 10/49 | €56,708 | €75,893 | +€19,185 | +33.8% |
| Equity | 10/15 | €14,630 | €15,193 | +€563 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,970 | -€3,407 | +€563 | +14.2% |
| Amounts payable | 17/49 | €42,078 | €60,700 | +€18,621 | +44.3% |
| Amounts payable after more than one year | 17 | €1,815 | €871 | -€944 | -52.0% |
| Financial debts | 170/4 | €1,815 | €871 | -€944 | -52.0% |
| Amounts payable within one year | 42/48 | €40,263 | €59,829 | +€19,565 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €513 | €944 | +€431 | +84.1% |
| Trade debts | 44 | €6,839 | €19,422 | +€12,583 | +184.0% |
| Suppliers | 440/4 | €6,839 | €19,422 | +€12,583 | +184.0% |
| Taxes, remuneration and social security | 45 | €20,264 | €20,522 | +€258 | +1.3% |
| Taxes | 450/3 | €19,714 | €20,129 | +€415 | +2.1% |
| Remuneration and social security | 454/9 | €550 | €393 | -€157 | -28.5% |
| Other amounts payable | 47/48 | €12,648 | €18,941 | +€6,293 | +49.8% |
| Non-recurring operating income | 76A | €18,291 | €3,997 | -€14,294 | -78.1% |
| Remuneration, social security and pensions | 62 | €12,287 | €33,899 | +€21,613 | +175.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,594 | €3,405 | -€188 | -5.2% |
| Other operating charges | 640/8 | €7,835 | €5,177 | -€2,658 | -33.9% |
| Non-recurring operating charges | 66A | €801 | €505 | -€296 | -37.0% |
| Gross operating margin | 9900 | €36,929 | €57,782 | +€20,853 | +56.5% |
| Operating profit (loss) | 9901 | €12,413 | €14,795 | +€2,382 | +19.2% |
| Financial income | 75/76B | €0 | €22 | +€22 | +27787.5% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +27787.5% |
| Financial charges | 65/66B | €1,326 | €5,204 | +€3,878 | +292.6% |
| Recurring financial charges | 65 | €1,326 | €5,204 | +€3,878 | +292.6% |
| Profit (loss) for the period before taxes | 9903 | €11,087 | €9,613 | -€1,474 | -13.3% |
| Income taxes | 67/77 | €8,260 | €9,050 | +€790 | +9.6% |
| Profit (loss) for the period | 9904 | €2,827 | €563 | -€2,264 | -80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,827 | €563 | -€2,264 | -80.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.