VVIMMO: 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.
VVIMMO
Largest movements
- Tangible fixed assets -€67,372
down €67,372 (-3.6%), from €1.9m to €1.8m
of which Land and buildings: -€43,866
- Cash +€21,194
up €21,194 (+1231.2%), from €1,721 to €22,916
mainly Debts after one year (+€1.8m) and Depreciation (+€67,372)
- Debts after one year +€1.8m
new in 2025: €1.8m
- Other debts -€1.8m
down €1.8m (-90.1%), from €2.0m to €193,072
- Profit (loss) carried forward -€92,612
down €92,612 (-85.1%), from -€108,786 to -€201,398
- Gross operating margin +€49,166
up €49,166, from -€16,413 to €32,753
- Financial charges +€18,652
up €18,652 (+92.3%), from €20,202 to €38,854
- Other operating charges +€16,917
up €16,917 (+757.5%), from €2,233 to €19,151
- Depreciation -€2,565
down €2,565 (-3.7%), from €69,937 to €67,372
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 | €1,870,688 | €1,817,602 | -€53,085 | -2.8% |
| Fixed assets | 21/28 | €1,854,275 | €1,786,903 | -€67,372 | -3.6% |
| Tangible fixed assets | 22/27 | €1,854,275 | €1,786,903 | -€67,372 | -3.6% |
| Land and buildings | 22 | €1,746,643 | €1,702,777 | -€43,866 | -2.5% |
| Furniture and vehicles | 24 | €107,633 | €84,127 | -€23,506 | -21.8% |
| Current assets | 29/58 | €16,412 | €30,699 | +€14,287 | +87.0% |
| Amounts receivable within one year | 40/41 | €14,141 | €7,153 | -€6,988 | -49.4% |
| Trade receivables | 40 | €5,691 | €6,241 | +€549 | +9.7% |
| Other amounts receivable | 41 | €8,449 | €912 | -€7,537 | -89.2% |
| Cash at bank and in hand | 54/58 | €1,721 | €22,916 | +€21,194 | +1231.2% |
| Deferred charges and accrued income | 490/1 | €550 | €630 | +€80 | +14.5% |
| Total equity and liabilities | 10/49 | €1,870,688 | €1,817,602 | -€53,085 | -2.8% |
| Equity | 10/15 | -€98,786 | -€191,398 | -€92,612 | -93.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,786 | -€201,398 | -€92,612 | -85.1% |
| Amounts payable | 17/49 | €1,969,473 | €2,009,000 | +€39,527 | +2.0% |
| Amounts payable after more than one year | 17 | - | €1,814,984 | +€1.8m | |
| Other amounts payable | 178/9 | - | €1,814,984 | +€1.8m | |
| Amounts payable within one year | 42/48 | €1,951,174 | €194,016 | -€1.8m | -90.1% |
| Trade debts | 44 | €193 | €943 | +€751 | +389.8% |
| Suppliers | 440/4 | €193 | €943 | +€751 | +389.8% |
| Other amounts payable | 47/48 | €1,950,982 | €193,072 | -€1.8m | -90.1% |
| Accrued charges and deferred income | 492/3 | €18,299 | €0 | -€18,299 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,937 | €67,372 | -€2,565 | -3.7% |
| Other operating charges | 640/8 | €2,233 | €19,151 | +€16,917 | +757.5% |
| Gross operating margin | 9900 | -€16,413 | €32,753 | +€49,166 | |
| Operating profit (loss) | 9901 | -€88,583 | -€53,770 | +€34,813 | +39.3% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €20,202 | €38,854 | +€18,652 | +92.3% |
| Recurring financial charges | 65 | €20,202 | €38,854 | +€18,652 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | -€108,786 | -€92,612 | +€16,174 | +14.9% |
| Profit (loss) for the period | 9904 | -€108,786 | -€92,612 | +€16,174 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,786 | -€92,612 | +€16,174 | +14.9% |
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 8 October 2026 via checked.be.