VIMMOTRUST: 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.
VIMMOTRUST
Largest movements
- Cash +€194,003
up €194,003 (+108.4%), from €179,002 to €373,005
mainly Net result for the year (+€138,024) and Depreciation (+€54,459)
- Tangible fixed assets -€61,936
down €61,936 (-5.4%), from €1.1m to €1.1m
of which Land and buildings: -€81,554
- Reserves +€123,035
up €123,035 (+50.0%), from €246,108 to €369,144
of which Tax-exempt reserves: +€123,035
- Debts after one year -€44,439
down €44,439 (-6.2%), from €719,887 to €675,448
of which Financial debts: -€41,639
- Provisions +€29,793
up €29,793 (+128.5%), from €23,176 to €52,969
- Other debts -€19,943
down €19,943 (-47.8%), from €41,698 to €21,755
- Trade debts +€18,551
up €18,551 (+1480.8%), from €1,253 to €19,804
- Gross operating margin +€227,491
up €227,491 (+224.7%), from €101,243 to €328,734
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 | €1,362,494 | €1,496,858 | +€134,364 | +9.9% |
| Fixed assets | 21/28 | €1,146,127 | €1,084,191 | -€61,936 | -5.4% |
| Tangible fixed assets | 22/27 | €1,146,127 | €1,084,191 | -€61,936 | -5.4% |
| Land and buildings | 22 | €1,111,643 | €1,030,089 | -€81,554 | -7.3% |
| Furniture and vehicles | 24 | €34,484 | €54,103 | +€19,618 | +56.9% |
| Current assets | 29/58 | €216,367 | €412,667 | +€196,300 | +90.7% |
| Amounts receivable within one year | 40/41 | €29,557 | €32,108 | +€2,552 | +8.6% |
| Trade receivables | 40 | €14,301 | €23,085 | +€8,784 | +61.4% |
| Other amounts receivable | 41 | €15,256 | €9,024 | -€6,232 | -40.9% |
| Cash at bank and in hand | 54/58 | €179,002 | €373,005 | +€194,003 | +108.4% |
| Deferred charges and accrued income | 490/1 | €7,808 | €7,553 | -€255 | -3.3% |
| Total equity and liabilities | 10/49 | €1,362,494 | €1,496,858 | +€134,364 | +9.9% |
| Equity | 10/15 | €487,151 | €625,176 | +€138,024 | +28.3% |
| Contributions | 10/11 | €358,272 | €358,272 | = | 0.0% |
| Reserves | 13 | €246,108 | €369,144 | +€123,035 | +50.0% |
| Non-distributable reserves | 130/1 | €17,207 | €17,207 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,207 | €17,207 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,435 | €240,470 | +€123,035 | +104.8% |
| Distributable reserves | 133 | €111,466 | €111,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,229 | -€102,240 | +€14,989 | +12.8% |
| Provisions and deferred taxes | 16 | €23,176 | €52,969 | +€29,793 | +128.5% |
| Deferred taxes | 168 | €23,176 | €52,969 | +€29,793 | +128.5% |
| Amounts payable | 17/49 | €852,166 | €818,713 | -€33,453 | -3.9% |
| Amounts payable after more than one year | 17 | €719,887 | €675,448 | -€44,439 | -6.2% |
| Financial debts | 170/4 | €406,796 | €365,157 | -€41,639 | -10.2% |
| Other amounts payable | 178/9 | €313,091 | €310,291 | -€2,800 | -0.9% |
| Amounts payable within one year | 42/48 | €97,112 | €93,856 | -€3,256 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €40,721 | €41,639 | +€918 | +2.3% |
| Trade debts | 44 | €1,253 | €19,804 | +€18,551 | +1480.8% |
| Suppliers | 440/4 | €1,253 | €19,804 | +€18,551 | +1480.8% |
| Taxes, remuneration and social security | 45 | €13,440 | €10,657 | -€2,783 | -20.7% |
| Taxes | 450/3 | €8,781 | €1,308 | -€7,472 | -85.1% |
| Remuneration and social security | 454/9 | €4,659 | €9,348 | +€4,689 | +100.6% |
| Other amounts payable | 47/48 | €41,698 | €21,755 | -€19,943 | -47.8% |
| Accrued charges and deferred income | 492/3 | €35,167 | €49,409 | +€14,242 | +40.5% |
| Remuneration, social security and pensions | 62 | €33,428 | €35,149 | +€1,721 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,362 | €54,459 | -€1,903 | -3.4% |
| Other operating charges | 640/8 | €43,720 | €43,085 | -€635 | -1.5% |
| Gross operating margin | 9900 | €101,243 | €328,734 | +€227,491 | +224.7% |
| Operating profit (loss) | 9901 | -€32,266 | €196,041 | +€228,308 | |
| Financial income | 75/76B | €7,050 | €3,769 | -€3,281 | -46.5% |
| Recurring financial income | 75 | €7,050 | €3,769 | -€3,281 | -46.5% |
| Financial charges | 65/66B | €29,355 | €31,682 | +€2,326 | +7.9% |
| Recurring financial charges | 65 | €29,355 | €31,682 | +€2,326 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€54,572 | €168,128 | +€222,700 | |
| Transfer from deferred taxes | 780 | €1,344 | €1,957 | +€613 | +45.6% |
| Transfer to deferred taxes | 680 | - | €31,750 | +€31,750 | |
| Income taxes | 67/77 | €196 | €311 | +€115 | +58.5% |
| Profit (loss) for the period | 9904 | -€53,424 | €138,024 | +€191,448 | |
| Transfer from tax-exempt reserves | 789 | €2,125 | €3,964 | +€1,839 | +86.5% |
| Transfer to tax-exempt reserves | 689 | - | €127,000 | +€127,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,299 | €14,989 | +€66,288 |
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 6 October 2026 via checked.be.