VMC 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.
VMC IMMO
Largest movements
- Tangible fixed assets -€8,170
down €8,170 (-3.1%), from €264,352 to €256,182
of which Land and buildings: -€7,517
- Debts after one year -€13,388
down €13,388 (-7.7%), from €174,124 to €160,736
- Profit (loss) carried forward +€4,715
up €4,715, from -€3,673 to €1,042
- Gross operating margin +€1,085
up €1,085 (+5.3%), from €20,495 to €21,580
- Other operating charges +€1,076
up €1,076 (+68.7%), from €1,566 to €2,641
- Taxes +€261
new in 2025: €261
- Financial charges -€239
down €239 (-4.7%), from €5,043 to €4,803
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 | €271,609 | €264,553 | -€7,056 | -2.6% |
| Fixed assets | 21/28 | €264,352 | €256,182 | -€8,170 | -3.1% |
| Tangible fixed assets | 22/27 | €264,352 | €256,182 | -€8,170 | -3.1% |
| Land and buildings | 22 | €252,853 | €245,336 | -€7,517 | -3.0% |
| Plant, machinery and equipment | 23 | €11,498 | €10,846 | -€653 | -5.7% |
| Current assets | 29/58 | €7,257 | €8,371 | +€1,114 | +15.4% |
| Amounts receivable within one year | 40/41 | €50 | €239 | +€189 | +378.8% |
| Other amounts receivable | 41 | €50 | €239 | +€189 | +378.8% |
| Cash at bank and in hand | 54/58 | €7,207 | €7,939 | +€732 | +10.2% |
| Deferred charges and accrued income | 490/1 | - | €193 | +€193 | |
| Total equity and liabilities | 10/49 | €271,609 | €264,553 | -€7,056 | -2.6% |
| Equity | 10/15 | €41,327 | €46,042 | +€4,715 | +11.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,673 | €1,042 | +€4,715 | |
| Amounts payable | 17/49 | €230,282 | €218,511 | -€11,771 | -5.1% |
| Amounts payable after more than one year | 17 | €174,124 | €160,736 | -€13,388 | -7.7% |
| Financial debts | 170/4 | €174,124 | €160,736 | -€13,388 | -7.7% |
| Amounts payable within one year | 42/48 | €54,006 | €55,005 | +€999 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €13,065 | €13,388 | +€323 | +2.5% |
| Trade debts | 44 | - | €676 | +€676 | |
| Suppliers | 440/4 | - | €676 | +€676 | |
| Other amounts payable | 47/48 | €40,941 | €40,941 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,152 | €2,771 | +€619 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,032 | €9,160 | +€128 | +1.4% |
| Other operating charges | 640/8 | €1,566 | €2,641 | +€1,076 | +68.7% |
| Gross operating margin | 9900 | €20,495 | €21,580 | +€1,085 | +5.3% |
| Operating profit (loss) | 9901 | €9,898 | €9,779 | -€119 | -1.2% |
| Financial charges | 65/66B | €5,043 | €4,803 | -€239 | -4.7% |
| Recurring financial charges | 65 | €5,043 | €4,803 | -€239 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €4,855 | €4,976 | +€121 | +2.5% |
| Income taxes | 67/77 | - | €261 | +€261 | |
| Profit (loss) for the period | 9904 | €4,855 | €4,715 | -€140 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,855 | €4,715 | -€140 | -2.9% |
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 7 October 2026 via checked.be.