VGEST.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.
VGEST.IMMO
Largest movements
- Tangible fixed assets -€84,803
down €84,803 (-11.2%), from €760,447 to €675,645
- Profit (loss) carried forward -€84,803
down €84,803 (-12.8%), from -€664,586 to -€749,388
- Gross operating margin -€103,659
no longer reported in 2025 (was €103,659)
- Other operating charges -€12,610
no longer reported in 2025 (was €12,610)
- Financial charges -€10,647
no longer reported in 2025 (was €10,647)
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.
Cash bridge derived
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 | €765,827 | €681,025 | -€84,803 | -11.1% |
| Fixed assets | 21/28 | €760,447 | €675,645 | -€84,803 | -11.2% |
| Tangible fixed assets | 22/27 | €760,447 | €675,645 | -€84,803 | -11.2% |
| Land and buildings | 22 | €760,447 | €675,645 | -€84,803 | -11.2% |
| Current assets | 29/58 | €5,380 | €5,380 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €160 | €160 | = | 0.0% |
| Other amounts receivable | 41 | €160 | €160 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,220 | €5,220 | = | 0.0% |
| Total equity and liabilities | 10/49 | €765,827 | €681,025 | -€84,803 | -11.1% |
| Equity | 10/15 | -€245,986 | -€330,788 | -€84,803 | -34.5% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€664,586 | -€749,388 | -€84,803 | -12.8% |
| Amounts payable | 17/49 | €1,011,813 | €1,011,813 | = | 0.0% |
| Amounts payable after more than one year | 17 | €286,328 | €286,328 | = | 0.0% |
| Financial debts | 170/4 | €286,328 | €286,328 | = | 0.0% |
| Amounts payable within one year | 42/48 | €723,285 | €723,285 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €56,682 | €56,682 | = | 0.0% |
| Other amounts payable | 47/48 | €666,603 | €666,603 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,200 | €2,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,803 | €84,803 | = | 0.0% |
| Other operating charges | 640/8 | €12,610 | - | -€12,610 | |
| Gross operating margin | 9900 | €103,659 | - | -€103,659 | |
| Operating profit (loss) | 9901 | €6,247 | -€84,803 | -€91,049 | |
| Financial charges | 65/66B | €10,647 | - | -€10,647 | |
| Recurring financial charges | 65 | €10,647 | - | -€10,647 | |
| Profit (loss) for the period before taxes | 9903 | -€4,400 | -€84,803 | -€80,403 | -1827.3% |
| Income taxes | 67/77 | €217 | - | -€217 | |
| Profit (loss) for the period | 9904 | -€4,617 | -€84,803 | -€80,185 | -1736.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,617 | -€84,803 | -€80,185 | -1736.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.