VIGI - 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.
VIGI - Immo
Largest movements
- Receivables within one year +€324,467
up €324,467 (+466.7%), from €69,527 to €393,993
of which Other amounts receivable: +€332,707
- Tangible fixed assets -€32,676
down €32,676 (-4.7%), from €701,032 to €668,356
of which Land and buildings: -€32,676
- Reserves +€187,398
up €187,398 (+88.3%), from €212,337 to €399,735
- Other debts +€118,756
up €118,756 (+327.7%), from €36,237 to €154,993
- Debts after one year -€48,219
down €48,219 (-12.0%), from €403,278 to €355,059
- Tax, wage and social debts +€16,269
up €16,269 (+82.2%), from €19,802 to €36,071
of which Taxes: +€14,482
- Gross operating margin +€197,426
up €197,426 (+116.0%), from €170,210 to €367,636
- Taxes +€65,922
up €65,922 (+237.6%), from €27,739 to €93,662
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 | €828,420 | €1,107,680 | +€279,259 | +33.7% |
| Fixed assets | 21/28 | €701,032 | €668,356 | -€32,676 | -4.7% |
| Tangible fixed assets | 22/27 | €701,032 | €668,356 | -€32,676 | -4.7% |
| Land and buildings | 22 | €636,032 | €603,356 | -€32,676 | -5.1% |
| Furniture and vehicles | 24 | €65,000 | €65,000 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €127,388 | €439,323 | +€311,935 | +244.9% |
| Amounts receivable within one year | 40/41 | €69,527 | €393,993 | +€324,467 | +466.7% |
| Trade receivables | 40 | €33,746 | €25,506 | -€8,240 | -24.4% |
| Other amounts receivable | 41 | €35,780 | €368,487 | +€332,707 | +929.9% |
| Cash at bank and in hand | 54/58 | €32,494 | €27,886 | -€4,608 | -14.2% |
| Deferred charges and accrued income | 490/1 | €25,368 | €17,444 | -€7,924 | -31.2% |
| Total equity and liabilities | 10/49 | €828,420 | €1,107,680 | +€279,259 | +33.7% |
| Equity | 10/15 | €302,361 | €489,759 | +€187,398 | +62.0% |
| Contributions | 10/11 | €90,024 | €90,024 | = | 0.0% |
| Reserves | 13 | €212,337 | €399,735 | +€187,398 | +88.3% |
| Distributable reserves | 133 | €212,337 | €399,735 | +€187,398 | +88.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €526,060 | €617,921 | +€91,861 | +17.5% |
| Amounts payable after more than one year | 17 | €403,278 | €355,059 | -€48,219 | -12.0% |
| Financial debts | 170/4 | €403,278 | €355,059 | -€48,219 | -12.0% |
| Amounts payable within one year | 42/48 | €119,139 | €259,206 | +€140,066 | +117.6% |
| Current portion of amounts payable after more than one year | 42 | €46,974 | €48,219 | +€1,245 | +2.7% |
| Financial debts | 43 | €7,361 | €9,008 | +€1,647 | +22.4% |
| Credit institutions | 430/8 | €7,361 | €9,008 | +€1,647 | +22.4% |
| Trade debts | 44 | €8,766 | €10,915 | +€2,149 | +24.5% |
| Suppliers | 440/4 | €8,766 | €10,915 | +€2,149 | +24.5% |
| Taxes, remuneration and social security | 45 | €19,802 | €36,071 | +€16,269 | +82.2% |
| Taxes | 450/3 | €17,802 | €32,284 | +€14,482 | +81.4% |
| Remuneration and social security | 454/9 | €2,000 | €3,787 | +€1,787 | +89.4% |
| Other amounts payable | 47/48 | €36,237 | €154,993 | +€118,756 | +327.7% |
| Accrued charges and deferred income | 492/3 | €3,642 | €3,656 | +€14 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,624 | €32,676 | +€52 | +0.2% |
| Other operating charges | 640/8 | €3,204 | €4,648 | +€1,445 | +45.1% |
| Non-recurring operating charges | 66A | €13,166 | €1,822 | -€11,344 | -86.2% |
| Gross operating margin | 9900 | €170,210 | €367,636 | +€197,426 | +116.0% |
| Operating profit (loss) | 9901 | €121,216 | €328,490 | +€207,274 | +171.0% |
| Financial income | 75/76B | €1,134 | €18 | -€1,117 | -98.5% |
| Recurring financial income | 75 | €1,134 | €18 | -€1,117 | -98.5% |
| Financial charges | 65/66B | €21,514 | €22,730 | +€1,216 | +5.7% |
| Recurring financial charges | 65 | €21,514 | €22,730 | +€1,216 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €100,836 | €305,777 | +€204,941 | +203.2% |
| Income taxes | 67/77 | €27,739 | €93,662 | +€65,922 | +237.6% |
| Profit (loss) for the period | 9904 | €73,097 | €212,116 | +€139,019 | +190.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,097 | €212,116 | +€139,019 | +190.2% |
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 4 October 2026 via checked.be.