VLASS-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.
VLASS-IMMO
Largest movements
- Tangible fixed assets -€3,024
down €3,024 (-1.2%), from €260,911 to €257,887
- Debts after one year -€15,161
down €15,161 (-8.4%), from €180,772 to €165,611
- Profit (loss) carried forward +€8,784
up €8,784 (+48.2%), from €18,228 to €27,012
- Turnover +€2,934
up €2,934 (+13.2%), from €22,300 to €25,234
- Gross operating margin +€2,765
up €2,765 (+14.6%), from €18,954 to €21,718
- Other operating charges +€1,843
up €1,843 (+321%), from €575 to €2,418
- Financial charges +€269
up €269 (+6.8%), from €3,933 to €4,202
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 | €263,767 | €260,952 | -€2,815 | -1.1% |
| Fixed assets | 21/28 | €260,911 | €257,887 | -€3,024 | -1.2% |
| Tangible fixed assets | 22/27 | €260,911 | €257,887 | -€3,024 | -1.2% |
| Land and buildings | 22 | €260,911 | €257,887 | -€3,024 | -1.2% |
| Current assets | 29/58 | €2,856 | €3,065 | +€209 | +7.3% |
| Amounts receivable within one year | 40/41 | €2,457 | €3,065 | +€608 | +24.8% |
| Other amounts receivable | 41 | €2,457 | €3,065 | +€608 | +24.8% |
| Cash at bank and in hand | 54/58 | €399 | - | -€399 | |
| Total equity and liabilities | 10/49 | €263,767 | €260,952 | -€2,815 | -1.1% |
| Equity | 10/15 | €58,228 | €67,012 | +€8,784 | +15.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,228 | €27,012 | +€8,784 | +48.2% |
| Amounts payable | 17/49 | €205,540 | €193,941 | -€11,599 | -5.6% |
| Amounts payable after more than one year | 17 | €180,772 | €165,611 | -€15,161 | -8.4% |
| Financial debts | 170/4 | €180,772 | €165,611 | -€15,161 | -8.4% |
| Amounts payable within one year | 42/48 | €23,251 | €26,813 | +€3,562 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €14,898 | €15,161 | +€263 | +1.8% |
| Financial debts | 43 | - | €867 | +€867 | |
| Credit institutions | 430/8 | - | €867 | +€867 | |
| Trade debts | 44 | €1,626 | €3,776 | +€2,150 | +132% |
| Suppliers | 440/4 | €1,626 | €3,776 | +€2,150 | +132% |
| Taxes, remuneration and social security | 45 | €3,048 | €3,290 | +€242 | +7.9% |
| Taxes | 450/3 | €3,048 | €3,290 | +€242 | +7.9% |
| Other amounts payable | 47/48 | €3,679 | €3,719 | +€40 | +1.1% |
| Accrued charges and deferred income | 492/3 | €1,517 | €1,517 | = | 0.0% |
| Turnover | 70 | €22,300 | €25,234 | +€2,934 | +13.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,346 | €3,516 | +€169 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,024 | €3,024 | = | 0.0% |
| Other operating charges | 640/8 | €575 | €2,418 | +€1,843 | +321% |
| Gross operating margin | 9900 | €18,954 | €21,718 | +€2,765 | +14.6% |
| Operating profit (loss) | 9901 | €15,355 | €16,276 | +€921 | +6.0% |
| Financial charges | 65/66B | €3,933 | €4,202 | +€269 | +6.8% |
| Recurring financial charges | 65 | €3,933 | €4,202 | +€269 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €11,422 | €12,074 | +€652 | +5.7% |
| Income taxes | 67/77 | €3,048 | €3,290 | +€242 | +7.9% |
| Profit (loss) for the period | 9904 | €8,374 | €8,784 | +€410 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,374 | €8,784 | +€410 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.