ImmA+: 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.
ImmA+
Largest movements
- Cash +€83,237
up €83,237 (+129.2%), from €64,407 to €147,644
mainly Contributions, distributions and other (+€500,000) and Depreciation (+€22,301)
- Tangible fixed assets -€11,549
down €11,549 (-1.8%), from €626,405 to €614,856
of which Land and buildings: -€11,941
- Contributions +€500,000
up €500,000 (+2500.0%), from €20,000 to €520,000
- Current portion of long-term debt -€415,000
no longer reported in 2025 (was €415,000)
- Accrued charges and deferred income -€8,464
down €8,464 (-92.2%), from €9,181 to €716
- Gross operating margin +€15,754
up €15,754 (+285.7%), from €5,515 to €21,269
- Financial charges -€3,430
down €3,430 (-47.6%), from €7,200 to €3,770
- Depreciation +€297
up €297 (+1.3%), from €22,005 to €22,301
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 | €700,672 | €771,076 | +€70,404 | +10.0% |
| Fixed assets | 21/28 | €626,405 | €614,856 | -€11,549 | -1.8% |
| Tangible fixed assets | 22/27 | €626,405 | €614,856 | -€11,549 | -1.8% |
| Land and buildings | 22 | €621,120 | €609,179 | -€11,941 | -1.9% |
| Furniture and vehicles | 24 | €5,285 | €5,677 | +€392 | +7.4% |
| Current assets | 29/58 | €74,266 | €156,220 | +€81,954 | +110.4% |
| Amounts receivable within one year | 40/41 | €7,998 | €8,075 | +€77 | +1.0% |
| Trade receivables | 40 | €3,570 | €6,605 | +€3,035 | +85.0% |
| Other amounts receivable | 41 | €4,428 | €1,470 | -€2,958 | -66.8% |
| Cash at bank and in hand | 54/58 | €64,407 | €147,644 | +€83,237 | +129.2% |
| Deferred charges and accrued income | 490/1 | €1,862 | €501 | -€1,361 | -73.1% |
| Total equity and liabilities | 10/49 | €700,672 | €771,076 | +€70,404 | +10.0% |
| Equity | 10/15 | -€23,789 | €470,098 | +€493,888 | |
| Contributions | 10/11 | €20,000 | €520,000 | +€500,000 | +2500.0% |
| Profit (loss) carried forward | 14 | -€43,789 | -€49,902 | -€6,112 | -14.0% |
| Amounts payable | 17/49 | €724,461 | €300,978 | -€423,483 | -58.5% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €415,281 | €261 | -€415,019 | -99.9% |
| Current portion of amounts payable after more than one year | 42 | €415,000 | - | -€415,000 | |
| Trade debts | 44 | €281 | €261 | -€19 | -6.8% |
| Suppliers | 440/4 | €281 | €261 | -€19 | -6.8% |
| Accrued charges and deferred income | 492/3 | €9,181 | €716 | -€8,464 | -92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,005 | €22,301 | +€297 | +1.3% |
| Other operating charges | 640/8 | €1,477 | €1,328 | -€149 | -10.1% |
| Gross operating margin | 9900 | €5,515 | €21,269 | +€15,754 | +285.7% |
| Operating profit (loss) | 9901 | -€17,967 | -€2,360 | +€15,606 | +86.9% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €7,200 | €3,770 | -€3,430 | -47.6% |
| Recurring financial charges | 65 | €7,200 | €3,770 | -€3,430 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,166 | -€6,112 | +€19,054 | +75.7% |
| Profit (loss) for the period | 9904 | -€25,166 | -€6,112 | +€19,054 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,166 | -€6,112 | +€19,054 | +75.7% |
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 7 October 2026 via checked.be.