VYDEC 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.
VYDEC IMMO
Largest movements
- Receivables within one year -€44,856
down €44,856 (-81.3%), from €55,204 to €10,347
of which Trade receivables: -€36,927
- Tangible fixed assets -€27,529
down €27,529 (-4.1%), from €670,859 to €643,331
of which Land and buildings: -€25,480
- Cash +€19,431
up €19,431 (+592.5%), from €3,280 to €22,711
mainly Debts after one year (+€249,731) and Receivables within one year (+€44,856)
- Other debts -€280,127
down €280,127 (-94.5%), from €296,582 to €16,455
- Debts after one year +€249,731
up €249,731 (+77.7%), from €321,576 to €571,308
- Trade debts -€23,054
down €23,054 (-86.5%), from €26,642 to €3,588
- Profit (loss) carried forward +€13,866
up €13,866, from -€1,828 to €12,038
- Advances received -€12,597
down €12,597 (-94.6%), from €13,310 to €713
- Gross operating margin +€53,050
up €53,050 (+1680.8%), from €3,156 to €56,207
- Depreciation +€21,882
up €21,882 (+387.5%), from €5,646 to €27,529
- Financial charges +€12,929
up €12,929 (+872.3%), from €1,482 to €14,411
- Other operating charges -€2,656
down €2,656 (-86.7%), from €3,062 to €406
- Staff costs -€1,244
down €1,244 (-89.1%), from €1,396 to €152
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 | €737,109 | €681,388 | -€55,721 | -7.6% |
| Fixed assets | 21/28 | €675,951 | €648,331 | -€27,620 | -4.1% |
| Tangible fixed assets | 22/27 | €670,859 | €643,331 | -€27,529 | -4.1% |
| Land and buildings | 22 | €664,720 | €639,239 | -€25,480 | -3.8% |
| Plant, machinery and equipment | 23 | €4,640 | €3,622 | -€1,019 | -21.9% |
| Furniture and vehicles | 24 | €1,499 | €469 | -€1,030 | -68.7% |
| Financial fixed assets | 28 | €5,091 | €5,000 | -€91 | -1.8% |
| Current assets | 29/58 | €61,158 | €33,058 | -€28,101 | -45.9% |
| Amounts receivable within one year | 40/41 | €55,204 | €10,347 | -€44,856 | -81.3% |
| Trade receivables | 40 | €44,175 | €7,248 | -€36,927 | -83.6% |
| Other amounts receivable | 41 | €11,029 | €3,099 | -€7,930 | -71.9% |
| Cash at bank and in hand | 54/58 | €3,280 | €22,711 | +€19,431 | +592.5% |
| Deferred charges and accrued income | 490/1 | €2,675 | - | -€2,675 | |
| Total equity and liabilities | 10/49 | €737,109 | €681,388 | -€55,721 | -7.6% |
| Equity | 10/15 | €24,050 | €37,916 | +€13,866 | +57.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €5,418 | €5,418 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,418 | €5,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,828 | €12,038 | +€13,866 | |
| Amounts payable | 17/49 | €713,059 | €643,472 | -€69,587 | -9.8% |
| Amounts payable after more than one year | 17 | €321,576 | €571,308 | +€249,731 | +77.7% |
| Financial debts | 170/4 | €321,576 | €571,308 | +€249,731 | +77.7% |
| Amounts payable within one year | 42/48 | €391,483 | €72,164 | -€319,318 | -81.6% |
| Current portion of amounts payable after more than one year | 42 | €49,506 | €50,269 | +€763 | +1.5% |
| Trade debts | 44 | €26,642 | €3,588 | -€23,054 | -86.5% |
| Suppliers | 440/4 | €26,642 | €3,588 | -€23,054 | -86.5% |
| Advances received on contracts in progress | 46 | €13,310 | €713 | -€12,597 | -94.6% |
| Taxes, remuneration and social security | 45 | €5,442 | €1,139 | -€4,303 | -79.1% |
| Taxes | 450/3 | €5,442 | €1,139 | -€4,303 | -79.1% |
| Other amounts payable | 47/48 | €296,582 | €16,455 | -€280,127 | -94.5% |
| Remuneration, social security and pensions | 62 | €1,396 | €152 | -€1,244 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,646 | €27,529 | +€21,882 | +387.5% |
| Other operating charges | 640/8 | €3,062 | €406 | -€2,656 | -86.7% |
| Gross operating margin | 9900 | €3,156 | €56,207 | +€53,050 | +1680.8% |
| Operating profit (loss) | 9901 | -€6,948 | €28,120 | +€35,067 | |
| Financial income | 75/76B | €158 | €158 | = | 0.0% |
| Recurring financial income | 75 | €158 | €158 | = | 0.0% |
| Financial charges | 65/66B | €1,482 | €14,411 | +€12,929 | +872.3% |
| Recurring financial charges | 65 | €1,482 | €14,411 | +€12,929 | +872.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,272 | €13,866 | +€22,138 | |
| Profit (loss) for the period | 9904 | -€8,272 | €13,866 | +€22,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,272 | €13,866 | +€22,138 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.