IMMANI: 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.
IMMANI
Largest movements
- Cash -€35,998
down €35,998 (-41.5%), from €86,708 to €50,710
mainly Contributions, distributions and other (-€63,000) and Tax, wage and social debts (-€19,006)
- Receivables within one year -€15,352
down €15,352 (-33.9%), from €45,336 to €29,984
of which Trade receivables: -€13,922
- Tangible fixed assets +€9,757
up €9,757 (+86.4%), from €11,294 to €21,051
of which Furniture and vehicles: +€10,781
- Reserves -€63,000
down €63,000 (-96.0%), from €65,646 to €2,646
- Profit (loss) carried forward +€47,651
up €47,651 (+3384.9%), from €1,408 to €49,059
- Tax, wage and social debts -€19,006
down €19,006 (-38.2%), from €49,765 to €30,759
- Other debts -€6,440
down €6,440 (-98.0%), from €6,571 to €131
- Taxes -€5,553
down €5,553 (-22.8%), from €24,387 to €18,834
- Gross operating margin -€3,325
down €3,325 (-4.4%), from €75,371 to €72,046
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 | €145,471 | €102,966 | -€42,505 | -29.2% |
| Fixed assets | 21/28 | €11,294 | €21,051 | +€9,757 | +86.4% |
| Tangible fixed assets | 22/27 | €11,294 | €21,051 | +€9,757 | +86.4% |
| Plant, machinery and equipment | 23 | €3,885 | €2,861 | -€1,024 | -26.4% |
| Furniture and vehicles | 24 | €7,409 | €18,190 | +€10,781 | +145.5% |
| Current assets | 29/58 | €134,177 | €81,915 | -€52,261 | -38.9% |
| Amounts receivable within one year | 40/41 | €45,336 | €29,984 | -€15,352 | -33.9% |
| Trade receivables | 40 | €42,729 | €28,808 | -€13,922 | -32.6% |
| Other amounts receivable | 41 | €2,606 | €1,176 | -€1,430 | -54.9% |
| Cash at bank and in hand | 54/58 | €86,708 | €50,710 | -€35,998 | -41.5% |
| Deferred charges and accrued income | 490/1 | €2,133 | €1,221 | -€912 | -42.7% |
| Total equity and liabilities | 10/49 | €145,471 | €102,966 | -€42,505 | -29.2% |
| Equity | 10/15 | €85,653 | €70,305 | -€15,349 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,646 | €2,646 | -€63,000 | -96.0% |
| Distributable reserves | 133 | €65,646 | €2,646 | -€63,000 | -96.0% |
| Profit (loss) carried forward | 14 | €1,408 | €49,059 | +€47,651 | +3384.9% |
| Amounts payable | 17/49 | €59,818 | €32,662 | -€27,156 | -45.4% |
| Amounts payable within one year | 42/48 | €59,740 | €32,578 | -€27,162 | -45.5% |
| Financial debts | 43 | €438 | - | -€438 | |
| Credit institutions | 430/8 | €438 | - | -€438 | |
| Trade debts | 44 | €2,965 | €1,688 | -€1,278 | -43.1% |
| Suppliers | 440/4 | €2,965 | €1,688 | -€1,278 | -43.1% |
| Taxes, remuneration and social security | 45 | €49,765 | €30,759 | -€19,006 | -38.2% |
| Taxes | 450/3 | €49,765 | €30,759 | -€19,006 | -38.2% |
| Other amounts payable | 47/48 | €6,571 | €131 | -€6,440 | -98.0% |
| Accrued charges and deferred income | 492/3 | €77 | €84 | +€7 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,698 | €4,812 | +€114 | +2.4% |
| Other operating charges | 640/8 | €370 | €449 | +€79 | +21.4% |
| Gross operating margin | 9900 | €75,371 | €72,046 | -€3,325 | -4.4% |
| Operating profit (loss) | 9901 | €70,303 | €66,785 | -€3,518 | -5.0% |
| Financial income | 75/76B | €642 | €6 | -€635 | -99.0% |
| Recurring financial income | 75 | €642 | €6 | -€635 | -99.0% |
| Financial charges | 65/66B | €256 | €306 | +€50 | +19.7% |
| Recurring financial charges | 65 | €256 | €306 | +€50 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €70,689 | €66,485 | -€4,204 | -5.9% |
| Income taxes | 67/77 | €24,387 | €18,834 | -€5,553 | -22.8% |
| Profit (loss) for the period | 9904 | €46,302 | €47,651 | +€1,349 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,302 | €47,651 | +€1,349 | +2.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.