GROUP IMMOLA: 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.
GROUP IMMOLA
Largest movements
- Cash +€219,254
up €219,254 (+83.5%), from €262,480 to €481,734
mainly Net result for the year (+€256,697) and Other debts (+€146,974)
- Receivables within one year -€33,625
down €33,625 (-71.2%), from €47,208 to €13,583
of which Trade receivables: -€32,238
- Tangible fixed assets +€12,924
up €12,924 (+26.8%), from €48,158 to €61,082
of which Other tangible fixed assets: +€21,367
- Other debts +€146,974
up €146,974 (+70.1%), from €209,761 to €356,735
- Tax, wage and social debts +€31,876
up €31,876 (+89.2%), from €35,723 to €67,599
of which Taxes: +€26,154
- Trade debts +€22,513
up €22,513 (+97.0%), from €23,206 to €45,720
- Gross operating margin +€214,833
up €214,833 (+113%), from €190,075 to €404,908
- Financial charges -€5,216
down €5,216 (-58.7%), from €8,890 to €3,674
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 | €365,476 | €565,432 | +€199,956 | +54.7% |
| Fixed assets | 21/28 | €48,332 | €65,756 | +€17,424 | +36.1% |
| Tangible fixed assets | 22/27 | €48,158 | €61,082 | +€12,924 | +26.8% |
| Plant, machinery and equipment | 23 | €8,841 | €12,131 | +€3,289 | +37.2% |
| Furniture and vehicles | 24 | €16,547 | €10,767 | -€5,780 | -34.9% |
| Leasing and similar rights | 25 | €17,349 | €11,398 | -€5,952 | -34.3% |
| Other tangible fixed assets | 26 | €5,420 | €26,787 | +€21,367 | +394% |
| Financial fixed assets | 28 | €174 | €4,674 | +€4,500 | +2,580% |
| Current assets | 29/58 | €317,144 | €499,676 | +€182,532 | +57.6% |
| Amounts receivable within one year | 40/41 | €47,208 | €13,583 | -€33,625 | -71.2% |
| Trade receivables | 40 | €44,615 | €12,378 | -€32,238 | -72.3% |
| Other amounts receivable | 41 | €2,593 | €1,205 | -€1,388 | -53.5% |
| Current investments | 50/53 | €2,000 | €0 | -€2,000 | -100% |
| Cash at bank and in hand | 54/58 | €262,480 | €481,734 | +€219,254 | +83.5% |
| Deferred charges and accrued income | 490/1 | €5,455 | €4,358 | -€1,097 | -20.1% |
| Total equity and liabilities | 10/49 | €365,476 | €565,432 | +€199,956 | +54.7% |
| Equity | 10/15 | €82,444 | €84,141 | +€1,697 | +2.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,007 | €68,007 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,507 | €14,507 | = | 0.0% |
| Distributable reserves | 133 | €53,500 | €53,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,037 | €3,734 | +€1,697 | +83.3% |
| Amounts payable | 17/49 | €283,032 | €481,291 | +€198,259 | +70.0% |
| Amounts payable after more than one year | 17 | €9,434 | €4,372 | -€5,061 | -53.7% |
| Financial debts | 170/4 | €9,434 | €4,372 | -€5,061 | -53.7% |
| Amounts payable within one year | 42/48 | €273,557 | €475,115 | +€201,559 | +73.7% |
| Current portion of amounts payable after more than one year | 42 | €4,867 | €5,061 | +€195 | +4.0% |
| Trade debts | 44 | €23,206 | €45,720 | +€22,513 | +97.0% |
| Suppliers | 440/4 | €23,206 | €45,720 | +€22,513 | +97.0% |
| Taxes, remuneration and social security | 45 | €35,723 | €67,599 | +€31,876 | +89.2% |
| Taxes | 450/3 | €15,927 | €42,081 | +€26,154 | +164% |
| Remuneration and social security | 454/9 | €19,796 | €25,518 | +€5,722 | +28.9% |
| Other amounts payable | 47/48 | €209,761 | €356,735 | +€146,974 | +70.1% |
| Accrued charges and deferred income | 492/3 | €42 | €1,804 | +€1,762 | +4,233% |
| Remuneration, social security and pensions | 62 | €118,099 | €119,906 | +€1,807 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,718 | €18,995 | +€1,277 | +7.2% |
| Other operating charges | 640/8 | €1,975 | €3,590 | +€1,616 | +81.8% |
| Gross operating margin | 9900 | €190,075 | €404,908 | +€214,833 | +113% |
| Operating profit (loss) | 9901 | €52,283 | €262,416 | +€210,133 | +402% |
| Financial income | 75/76B | €2 | €169 | +€168 | +9,807% |
| Recurring financial income | 75 | €2 | €169 | +€168 | +9,807% |
| Financial charges | 65/66B | €8,890 | €3,674 | -€5,216 | -58.7% |
| Recurring financial charges | 65 | €8,890 | €3,674 | -€5,216 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €43,395 | €258,912 | +€215,517 | +497% |
| Income taxes | 67/77 | €2,154 | €2,215 | +€61 | +2.8% |
| Profit (loss) for the period | 9904 | €41,241 | €256,697 | +€215,456 | +522% |
| Profit (loss) for the period to be appropriated | 9905 | €41,241 | €256,697 | +€215,456 | +522% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.