IMMATRO: 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.
IMMATRO
Largest movements
- Receivables within one year +€2,970
up €2,970 (+7.1%), from €41,710 to €44,679
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,576
up €2,576 (+84.3%), from €3,054 to €5,630
- Other operating charges +€1,323
up €1,323 (+47.9%), from €2,759 to €4,082
- Depreciation -€270
no longer reported in 2025 (was €270)
- Financial charges +€72
up €72 (+164.5%), from €44 to €115
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 | €169,062 | €171,751 | +€2,689 | +1.6% |
| Fixed assets | 21/28 | €97,611 | €97,611 | = | 0.0% |
| Tangible fixed assets | 22/27 | €69,847 | €69,847 | = | 0.0% |
| Land and buildings | 22 | €69,847 | €69,847 | = | 0.0% |
| Financial fixed assets | 28 | €27,764 | €27,764 | = | 0.0% |
| Current assets | 29/58 | €71,451 | €74,140 | +€2,689 | +3.8% |
| Amounts receivable within one year | 40/41 | €41,710 | €44,679 | +€2,970 | +7.1% |
| Other amounts receivable | 41 | €41,710 | €44,679 | +€2,970 | +7.1% |
| Cash at bank and in hand | 54/58 | €316 | €35 | -€281 | -88.9% |
| Deferred charges and accrued income | 490/1 | €29,426 | €29,426 | = | 0.0% |
| Total equity and liabilities | 10/49 | €169,062 | €171,751 | +€2,689 | +1.6% |
| Equity | 10/15 | €167,780 | €169,214 | +€1,434 | +0.9% |
| Contributions | 10/11 | €163,610 | €163,610 | = | 0.0% |
| Capital | 10 | €163,610 | €163,610 | = | 0.0% |
| Issued capital | 100 | €163,610 | €163,610 | = | 0.0% |
| Reserves | 13 | €16,446 | €16,446 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,446 | €16,446 | = | 0.0% |
| Legal reserve | 130 | €16,446 | €16,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,276 | -€10,842 | +€1,434 | +11.7% |
| Amounts payable | 17/49 | €1,282 | €2,537 | +€1,255 | +97.9% |
| Amounts payable after more than one year | 17 | €140 | €140 | = | 0.0% |
| Other amounts payable | 178/9 | €140 | €140 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,142 | €2,397 | +€1,255 | +110.0% |
| Trade debts | 44 | €1,142 | €2,397 | +€1,255 | +110.0% |
| Suppliers | 440/4 | €1,142 | €2,397 | +€1,255 | +110.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | - | -€270 | |
| Other operating charges | 640/8 | €2,759 | €4,082 | +€1,323 | +47.9% |
| Gross operating margin | 9900 | €3,054 | €5,630 | +€2,576 | +84.3% |
| Operating profit (loss) | 9901 | €25 | €1,549 | +€1,523 | +6013.9% |
| Financial charges | 65/66B | €44 | €115 | +€72 | +164.5% |
| Recurring financial charges | 65 | €44 | €115 | +€72 | +164.5% |
| Profit (loss) for the period before taxes | 9903 | -€18 | €1,434 | +€1,452 | |
| Profit (loss) for the period | 9904 | -€18 | €1,434 | +€1,452 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18 | €1,434 | +€1,452 |
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.