Vrijders Immo: what changed
Vrijders Immo
Largest movements
- Tangible fixed assets -€209,202
down €209,202 (-22.7%), from €920,129 to €710,927
of which Land and buildings: -€205,518
- Cash +€112,826
up €112,826 (+2,612%), from €4,319 to €117,145
mainly Investment in fixed assets (net) (+€189,908) and Net result for the year (+€107,541)
- Current investments +€99,967
up €99,967 (+299,660%), from €33 to €100,000
- Receivables within one year +€49,249
up €49,249 (+411%), from €11,976 to €61,225
of which Other amounts receivable: +€24,641
- Stocks and contracts +€20,444
new in 2025: €20,444
- Reserves +€117,615
up €117,615 (+19.4%), from €607,701 to €725,315
of which Tax-exempt reserves: +€117,615
- Current portion of long-term debt -€38,725
down €38,725 (-70.7%), from €54,787 to €16,062
- Provisions +€29,404
new in 2025: €29,404
- Debts after one year -€16,062
down €16,062 (-7.0%), from €228,260 to €212,198
- Financial income +€147,198
up €147,198 (+45,979%), from €320 to €147,518
of which Non-recurring financial income: +€147,432
- Gross operating margin -€29,565
down €29,565 (-40.5%), from €72,959 to €43,395
- Financial charges -€20,379
down €20,379 (-76.2%), from €26,743 to €6,364
- Other operating charges +€18,682
up €18,682 (+200%), from €9,336 to €28,017
- Taxes -€4,190
down €4,190 (-93.7%), from €4,471 to €281
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €942,010 | €1,013,280 | +€71,270 | +7.6% |
| Fixed assets | 21/28 | €920,129 | €710,927 | -€209,202 | -22.7% |
| Tangible fixed assets | 22/27 | €920,129 | €710,927 | -€209,202 | -22.7% |
| Land and buildings | 22 | €906,623 | €701,104 | -€205,518 | -22.7% |
| Furniture and vehicles | 24 | €13,506 | €9,823 | -€3,684 | -27.3% |
| Current assets | 29/58 | €21,881 | €302,353 | +€280,472 | +1,282% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | - | €20,444 | +€20,444 | |
| Contracts in progress | 37 | - | €20,444 | +€20,444 | |
| Amounts receivable within one year | 40/41 | €11,976 | €61,225 | +€49,249 | +411% |
| Trade receivables | 40 | €0 | €24,608 | +€24,608 | |
| Other amounts receivable | 41 | €11,976 | €36,617 | +€24,641 | +206% |
| Current investments | 50/53 | €33 | €100,000 | +€99,967 | +299,660% |
| Cash at bank and in hand | 54/58 | €4,319 | €117,145 | +€112,826 | +2,612% |
| Deferred charges and accrued income | 490/1 | €5,553 | €3,539 | -€2,013 | -36.3% |
| Total equity and liabilities | 10/49 | €942,010 | €1,013,280 | +€71,270 | +7.6% |
| Equity | 10/15 | €620,613 | €728,153 | +€107,541 | +17.3% |
| Contributions | 10/11 | €11,760 | €11,760 | = | 0.0% |
| Reserves | 13 | €607,701 | €725,315 | +€117,615 | +19.4% |
| Tax-exempt reserves | 132 | - | €117,615 | +€117,615 | |
| Distributable reserves | 133 | €607,701 | €607,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,152 | -€8,922 | -€10,074 | |
| Provisions and deferred taxes | 16 | - | €29,404 | +€29,404 | |
| Deferred taxes | 168 | - | €29,404 | +€29,404 | |
| Amounts payable | 17/49 | €321,398 | €255,723 | -€65,674 | -20.4% |
| Amounts payable after more than one year | 17 | €228,260 | €212,198 | -€16,062 | -7.0% |
| Financial debts | 170/4 | €228,260 | €212,198 | -€16,062 | -7.0% |
| Amounts payable within one year | 42/48 | €93,137 | €43,525 | -€49,612 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €54,787 | €16,062 | -€38,725 | -70.7% |
| Financial debts | 43 | €1,230 | €1,230 | = | 0.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €1,230 | €1,230 | = | 0.0% |
| Trade debts | 44 | €4,219 | €7,065 | +€2,845 | +67.4% |
| Suppliers | 440/4 | €4,219 | €7,065 | +€2,845 | +67.4% |
| Taxes, remuneration and social security | 45 | €22,972 | €19,169 | -€3,803 | -16.6% |
| Taxes | 450/3 | €15,472 | €11,669 | -€3,803 | -24.6% |
| Remuneration and social security | 454/9 | €7,500 | €7,500 | = | 0.0% |
| Other amounts payable | 47/48 | €9,929 | - | -€9,929 | |
| Non-recurring operating income | 76A | €7,467 | - | -€7,467 | |
| Remuneration, social security and pensions | 62 | €0 | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,630 | €19,294 | -€2,336 | -10.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €9,336 | €28,017 | +€18,682 | +200% |
| Gross operating margin | 9900 | €72,959 | €43,395 | -€29,565 | -40.5% |
| Operating profit (loss) | 9901 | €41,993 | -€3,929 | -€45,922 | |
| Financial income | 75/76B | €320 | €147,518 | +€147,198 | +45,979% |
| Recurring financial income | 75 | €320 | €86 | -€234 | -73.2% |
| Non-recurring financial income | 76B | - | €147,432 | +€147,432 | |
| Financial charges | 65/66B | €26,743 | €6,364 | -€20,379 | -76.2% |
| Recurring financial charges | 65 | €26,743 | €6,364 | -€20,379 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €15,570 | €137,225 | +€121,655 | +781% |
| Transfer to deferred taxes | 680 | - | €29,404 | +€29,404 | |
| Income taxes | 67/77 | €4,471 | €281 | -€4,190 | -93.7% |
| Profit (loss) for the period | 9904 | €11,099 | €107,541 | +€96,441 | +869% |
| Transfer to tax-exempt reserves | 689 | - | €117,615 | +€117,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,099 | -€10,074 | -€21,173 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.