VT 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.
VT IMMO
Largest movements
- Tangible fixed assets +€17,219
up €17,219 (+15.1%), from €113,767 to €130,986
of which Furniture and vehicles: +€20,371
- Cash -€1,679
down €1,679 (-97.0%), from €1,731 to €52
mainly Investment in fixed assets (net) (-€21,490) and Net result for the year (-€1,532)
- Debts after one year +€11,146
up €11,146 (+14.6%), from €76,564 to €87,710
- Current portion of long-term debt +€5,164
up €5,164 (+118.3%), from €4,366 to €9,530
- Profit (loss) carried forward -€1,532
down €1,532 (-14.4%), from -€10,626 to -€12,158
- Gross operating margin +€14,632
up €14,632, from -€6,869 to €7,763
- Depreciation +€2,806
up €2,806 (+163.6%), from €1,715 to €4,521
- Financial charges +€1,651
up €1,651 (+107.0%), from €1,543 to €3,195
- Other operating charges +€1,080
up €1,080 (+216.7%), from €499 to €1,579
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,804 | €132,247 | +€15,443 | +13.2% |
| Formation expenses | 20 | €1,081 | €831 | -€250 | -23.1% |
| Fixed assets | 21/28 | €113,767 | €130,986 | +€17,219 | +15.1% |
| Tangible fixed assets | 22/27 | €113,767 | €130,986 | +€17,219 | +15.1% |
| Land and buildings | 22 | €113,767 | €110,615 | -€3,152 | -2.8% |
| Furniture and vehicles | 24 | - | €20,371 | +€20,371 | |
| Current assets | 29/58 | €1,956 | €429 | -€1,527 | -78.0% |
| Amounts receivable within one year | 40/41 | €225 | - | -€225 | |
| Other amounts receivable | 41 | €225 | - | -€225 | |
| Cash at bank and in hand | 54/58 | €1,731 | €52 | -€1,679 | -97.0% |
| Deferred charges and accrued income | 490/1 | - | €377 | +€377 | |
| Total equity and liabilities | 10/49 | €116,804 | €132,247 | +€15,443 | +13.2% |
| Equity | 10/15 | -€7,626 | -€9,158 | -€1,532 | -20.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,626 | -€12,158 | -€1,532 | -14.4% |
| Amounts payable | 17/49 | €124,430 | €141,404 | +€16,974 | +13.6% |
| Amounts payable after more than one year | 17 | €76,564 | €87,710 | +€11,146 | +14.6% |
| Financial debts | 170/4 | €76,564 | €87,710 | +€11,146 | +14.6% |
| Amounts payable within one year | 42/48 | €47,866 | €53,694 | +€5,828 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €4,366 | €9,530 | +€5,164 | +118.3% |
| Trade debts | 44 | - | €414 | +€414 | |
| Suppliers | 440/4 | - | €414 | +€414 | |
| Other amounts payable | 47/48 | €43,500 | €43,750 | +€250 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,715 | €4,521 | +€2,806 | +163.6% |
| Other operating charges | 640/8 | €499 | €1,579 | +€1,080 | +216.7% |
| Gross operating margin | 9900 | -€6,869 | €7,763 | +€14,632 | |
| Operating profit (loss) | 9901 | -€9,083 | €1,663 | +€10,746 | |
| Financial charges | 65/66B | €1,543 | €3,195 | +€1,651 | +107.0% |
| Recurring financial charges | 65 | €1,543 | €3,195 | +€1,651 | +107.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,626 | -€1,532 | +€9,095 | +85.6% |
| Profit (loss) for the period | 9904 | -€10,626 | -€1,532 | +€9,095 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,626 | -€1,532 | +€9,095 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.