IMMANTIGONE: 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.
IMMANTIGONE
Largest movements
- Tangible fixed assets -€11,054
down €11,054 (-5.9%), from €185,969 to €174,915
- Cash -€5,388
down €5,388 (-34.8%), from €15,485 to €10,097
mainly Net result for the year (-€20,355) and Deferred charges and accrued income (-€1)
- Receivables within one year -€3,000
down €3,000 (-100%), from €3,000 to €0
- Reserves -€18,335
down €18,335 (-20.4%), from €89,681 to €71,346
of which Distributable reserves: -€18,335
- Gross operating margin -€1,245
down €1,245 (-37.7%), from -€3,299 to -€4,543
- Financial charges +€527
up €527 (+32.6%), from €1,616 to €2,142
- Depreciation +€169
up €169 (+1.6%), from €10,885 to €11,054
- Other operating charges +€79
up €79 (+3.1%), from €2,536 to €2,615
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 | €205,421 | €185,979 | -€19,441 | -9.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €185,969 | €174,915 | -€11,054 | -5.9% |
| Tangible fixed assets | 22/27 | €185,969 | €174,915 | -€11,054 | -5.9% |
| Land and buildings | 22 | €185,969 | €174,915 | -€11,054 | -5.9% |
| Current assets | 29/58 | €19,452 | €11,065 | -€8,387 | -43.1% |
| Amounts receivable within one year | 40/41 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts receivable | 41 | €3,000 | €0 | -€3,000 | -100% |
| Cash at bank and in hand | 54/58 | €15,485 | €10,097 | -€5,388 | -34.8% |
| Deferred charges and accrued income | 490/1 | €967 | €968 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €205,421 | €185,979 | -€19,441 | -9.5% |
| Equity | 10/15 | €121,346 | €100,991 | -€20,355 | -16.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €89,681 | €71,346 | -€18,335 | -20.4% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €80,681 | €62,346 | -€18,335 | -22.7% |
| Profit (loss) carried forward | 14 | -€18,335 | -€20,355 | -€2,020 | -11.0% |
| Amounts payable | 17/49 | €84,075 | €84,988 | +€913 | +1.1% |
| Amounts payable within one year | 42/48 | €82,500 | €82,888 | +€388 | +0.5% |
| Trade debts | 44 | €0 | €388 | +€388 | |
| Suppliers | 440/4 | €0 | €388 | +€388 | |
| Taxes, remuneration and social security | 45 | €30,000 | €30,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 47/48 | €52,500 | €52,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,575 | €2,100 | +€525 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,885 | €11,054 | +€169 | +1.6% |
| Other operating charges | 640/8 | €2,536 | €2,615 | +€79 | +3.1% |
| Gross operating margin | 9900 | -€3,299 | -€4,543 | -€1,245 | -37.7% |
| Operating profit (loss) | 9901 | -€16,720 | -€18,213 | -€1,493 | -8.9% |
| Financial charges | 65/66B | €1,616 | €2,142 | +€527 | +32.6% |
| Recurring financial charges | 65 | €1,616 | €2,142 | +€527 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,335 | -€20,355 | -€2,020 | -11.0% |
| Profit (loss) for the period | 9904 | -€18,335 | -€20,355 | -€2,020 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,335 | -€20,355 | -€2,020 | -11.0% |
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 16 October 2026 via checked.be.