VREMAC 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.
VREMAC IMMO
Largest movements
- Receivables within one year +€242,160
up €242,160 (+8.5%), from €2.8m to €3.1m
of which Other amounts receivable: +€238,410
- Cash -€74,353
down €74,353 (-95.7%), from €77,674 to €3,321
mainly Receivables within one year (-€242,160) and Other debts (-€19,000)
- Debts after one year +€193,705
up €193,705 (+6.8%), from €2.8m to €3.0m
- Gross operating margin -€18,693
down €18,693, from €2,880 to -€15,813
- Financial income -€8,743
down €8,743 (-5.1%), from €169,806 to €161,063
- Financial charges -€8,657
down €8,657 (-6.0%), from €144,996 to €136,339
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 | €4,585,626 | €4,744,690 | +€159,064 | +3.5% |
| Fixed assets | 21/28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €3,085,626 | €3,244,690 | +€159,064 | +5.2% |
| Amounts receivable within one year | 40/41 | €2,838,146 | €3,080,306 | +€242,160 | +8.5% |
| Trade receivables | 40 | - | €3,750 | +€3,750 | |
| Other amounts receivable | 41 | €2,838,146 | €3,076,556 | +€238,410 | +8.4% |
| Cash at bank and in hand | 54/58 | €77,674 | €3,321 | -€74,353 | -95.7% |
| Deferred charges and accrued income | 490/1 | €169,806 | €161,063 | -€8,743 | -5.1% |
| Total equity and liabilities | 10/49 | €4,585,626 | €4,744,690 | +€159,064 | +3.5% |
| Equity | 10/15 | €1,551,508 | €1,552,077 | +€569 | 0.0% |
| Contributions | 10/11 | €1,550,000 | €1,550,000 | = | 0.0% |
| Reserves | 13 | €1,508 | €2,077 | +€569 | +37.7% |
| Distributable reserves | 133 | €1,508 | €2,077 | +€569 | +37.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,034,118 | €3,192,613 | +€158,496 | +5.2% |
| Amounts payable after more than one year | 17 | €2,849,174 | €3,042,878 | +€193,705 | +6.8% |
| Financial debts | 170/4 | €2,849,174 | €3,042,878 | +€193,705 | +6.8% |
| Amounts payable within one year | 42/48 | €38,499 | €9,949 | -€28,550 | -74.2% |
| Trade debts | 44 | €12,499 | €2,949 | -€9,550 | -76.4% |
| Suppliers | 440/4 | €12,499 | €2,949 | -€9,550 | -76.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €26,000 | €7,000 | -€19,000 | -73.1% |
| Accrued charges and deferred income | 492/3 | €146,445 | €139,786 | -€6,659 | -4.5% |
| Other operating charges | 640/8 | €1,193 | €1,143 | -€51 | -4.2% |
| Gross operating margin | 9900 | €2,880 | -€15,813 | -€18,693 | |
| Operating profit (loss) | 9901 | €1,687 | -€16,956 | -€18,642 | |
| Financial income | 75/76B | €169,806 | €161,063 | -€8,743 | -5.1% |
| Recurring financial income | 75 | €169,806 | €161,063 | -€8,743 | -5.1% |
| Financial charges | 65/66B | €144,996 | €136,339 | -€8,657 | -6.0% |
| Recurring financial charges | 65 | €144,996 | €136,339 | -€8,657 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €26,497 | €7,769 | -€18,728 | -70.7% |
| Income taxes | 67/77 | €124 | €200 | +€76 | +61.0% |
| Profit (loss) for the period | 9904 | €26,373 | €7,569 | -€18,804 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,373 | €7,569 | -€18,804 | -71.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.