VERT'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.
VERT'IMMO
Largest movements
- Tangible fixed assets -€18,834
down €18,834 (-13.3%), from €141,637 to €122,803
of which Furniture and vehicles: -€13,275
- Current investments -€7,973
down €7,973 (-36.2%), from €22,000 to €14,027
- Debts after one year -€10,449
down €10,449 (-33.2%), from €31,428 to €20,979
- Profit (loss) carried forward -€8,277
down €8,277 (-22.3%), from -€37,069 to -€45,346
- Other debts -€7,936
down €7,936 (-97.7%), from €8,125 to €189
- Gross operating margin -€2,582
down €2,582 (-12.6%), from €20,510 to €17,928
- Depreciation -€1,278
down €1,278 (-6.4%), from €20,113 to €18,835
- Financial charges -€341
down €341 (-22.2%), from €1,535 to €1,194
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.
Derived cash bridge
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 | €165,059 | €138,619 | -€26,440 | -16.0% |
| Fixed assets | 21/28 | €141,637 | €122,803 | -€18,834 | -13.3% |
| Tangible fixed assets | 22/27 | €141,637 | €122,803 | -€18,834 | -13.3% |
| Land and buildings | 22 | €102,693 | €97,134 | -€5,559 | -5.4% |
| Furniture and vehicles | 24 | €38,944 | €25,669 | -€13,275 | -34.1% |
| Current assets | 29/58 | €23,422 | €15,816 | -€7,606 | -32.5% |
| Current investments | 50/53 | €22,000 | €14,027 | -€7,973 | -36.2% |
| Cash at bank and in hand | 54/58 | €907 | €1,777 | +€870 | +95.9% |
| Deferred charges and accrued income | 490/1 | €515 | €12 | -€503 | -97.7% |
| Total equity and liabilities | 10/49 | €165,059 | €138,619 | -€26,440 | -16.0% |
| Equity | 10/15 | €115,173 | €106,896 | -€8,277 | -7.2% |
| Contributions | 10/11 | €149,783 | €149,783 | = | 0.0% |
| Reserves | 13 | €2,459 | €2,459 | = | 0.0% |
| Distributable reserves | 133 | €2,459 | €2,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,069 | -€45,346 | -€8,277 | -22.3% |
| Amounts payable | 17/49 | €49,886 | €31,723 | -€18,163 | -36.4% |
| Amounts payable after more than one year | 17 | €31,428 | €20,979 | -€10,449 | -33.2% |
| Financial debts | 170/4 | €31,428 | €20,979 | -€10,449 | -33.2% |
| Amounts payable within one year | 42/48 | €18,458 | €10,744 | -€7,714 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €10,095 | €10,449 | +€354 | +3.5% |
| Taxes, remuneration and social security | 45 | €238 | €106 | -€132 | -55.5% |
| Taxes | 450/3 | €238 | €106 | -€132 | -55.5% |
| Other amounts payable | 47/48 | €8,125 | €189 | -€7,936 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,113 | €18,835 | -€1,278 | -6.4% |
| Other operating charges | 640/8 | €6,128 | €6,303 | +€175 | +2.9% |
| Gross operating margin | 9900 | €20,510 | €17,928 | -€2,582 | -12.6% |
| Operating profit (loss) | 9901 | -€5,731 | -€7,210 | -€1,479 | -25.8% |
| Financial income | 75/76B | €102 | €182 | +€80 | +78.4% |
| Recurring financial income | 75 | €102 | €182 | +€80 | +78.4% |
| Financial charges | 65/66B | €1,535 | €1,194 | -€341 | -22.2% |
| Recurring financial charges | 65 | €1,535 | €1,194 | -€341 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,164 | -€8,222 | -€1,058 | -14.8% |
| Income taxes | 67/77 | €137 | €55 | -€82 | -59.9% |
| Profit (loss) for the period | 9904 | -€7,301 | -€8,277 | -€976 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,301 | -€8,277 | -€976 | -13.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.