IMM - AGO: 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.
IMM - AGO
Largest movements
- Financial fixed assets -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Receivables within one year +€448,952
up €448,952 (+394.0%), from €113,953 to €562,905
of which Other amounts receivable: +€448,770
- Revaluation surpluses -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Other debts -€428,171
down €428,171 (-100.0%), from €428,171 to €0
- Profit (loss) carried forward +€370,043
up €370,043, from -€151,900 to €218,143
- Gross operating margin +€366,031
new in 2024: €366,031
- Financial income +€4,269
new in 2024: €4,269
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,794,529 | €575,796 | -€1.2m | -67.9% |
| Fixed assets | 21/28 | €1,667,699 | €472 | -€1.7m | -100.0% |
| Tangible fixed assets | 22/27 | €472 | €472 | = | 0.0% |
| Plant, machinery and equipment | 23 | €472 | - | -€472 | |
| Furniture and vehicles | 24 | - | €472 | +€472 | |
| Financial fixed assets | 28 | €1,667,227 | €0 | -€1.7m | -100.0% |
| Current assets | 29/58 | €126,830 | €575,324 | +€448,494 | +353.6% |
| Amounts receivable within one year | 40/41 | €113,953 | €562,905 | +€448,952 | +394.0% |
| Trade receivables | 40 | - | €182 | +€182 | |
| Other amounts receivable | 41 | €113,953 | €562,723 | +€448,770 | +393.8% |
| Cash at bank and in hand | 54/58 | €877 | €420 | -€458 | -52.2% |
| Deferred charges and accrued income | 490/1 | €12,000 | €12,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,794,529 | €575,796 | -€1.2m | -67.9% |
| Equity | 10/15 | €1,353,782 | €563,490 | -€790,292 | -58.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €1,160,335 | €0 | -€1.2m | -100.0% |
| Reserves | 13 | €283,374 | €283,374 | = | 0.0% |
| Non-distributable reserves | 130/1 | €495 | €495 | = | 0.0% |
| Legal reserve | 130 | €495 | €495 | = | 0.0% |
| Tax-exempt reserves | 132 | €282,878 | €282,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,900 | €218,143 | +€370,043 | |
| Amounts payable | 17/49 | €440,747 | €12,306 | -€428,441 | -97.2% |
| Amounts payable within one year | 42/48 | €440,477 | €12,306 | -€428,171 | -97.2% |
| Trade debts | 44 | €12,306 | €12,306 | = | 0.0% |
| Suppliers | 440/4 | €12,306 | €12,306 | = | 0.0% |
| Other amounts payable | 47/48 | €428,171 | €0 | -€428,171 | -100.0% |
| Accrued charges and deferred income | 492/3 | €270 | €0 | -€270 | -100.0% |
| Non-recurring operating income | 76A | - | €366,712 | +€366,712 | |
| Other operating charges | 640/8 | - | €110 | +€110 | |
| Non-recurring operating charges | 66A | - | -€270 | -€270 | |
| Gross operating margin | 9900 | - | €366,031 | +€366,031 | |
| Operating profit (loss) | 9901 | - | €366,191 | +€366,191 | |
| Financial income | 75/76B | - | €4,269 | +€4,269 | |
| Recurring financial income | 75 | - | €4,269 | +€4,269 | |
| Financial charges | 65/66B | - | €417 | +€417 | |
| Recurring financial charges | 65 | - | €417 | +€417 | |
| Profit (loss) for the period before taxes | 9903 | - | €370,043 | +€370,043 | |
| Profit (loss) for the period | 9904 | - | €370,043 | +€370,043 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €370,043 | +€370,043 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.