Immaurfin: 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.
Immaurfin
Largest movements
- Receivables within one year -€107,666
down €107,666 (-73.1%), from €147,248 to €39,582
of which Trade receivables: -€120,000
- Other debts -€151,320
down €151,320 (-41.8%), from €361,815 to €210,495
- Profit (loss) carried forward +€37,998
up €37,998 (+2.4%), from €1.6m to €1.6m
- Financial charges -€6,471
down €6,471 (-92.2%), from €7,015 to €544
- Services and other goods +€6,101
up €6,101 (+15.4%), from €39,548 to €45,648
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,009,383 | €1,895,511 | -€113,872 | -5.7% |
| Fixed assets | 21/28 | €1,839,806 | €1,838,602 | -€1,204 | -0.1% |
| Tangible fixed assets | 22/27 | €1,839,806 | €1,838,602 | -€1,204 | -0.1% |
| Land and buildings | 22 | €1,839,806 | €1,838,602 | -€1,204 | -0.1% |
| Current assets | 29/58 | €169,577 | €56,909 | -€112,668 | -66.4% |
| Amounts receivable within one year | 40/41 | €147,248 | €39,582 | -€107,666 | -73.1% |
| Trade receivables | 40 | €120,000 | - | -€120,000 | |
| Other amounts receivable | 41 | €27,248 | €39,582 | +€12,334 | +45.3% |
| Cash at bank and in hand | 54/58 | €22,329 | €17,327 | -€5,002 | -22.4% |
| Total equity and liabilities | 10/49 | €2,009,383 | €1,895,511 | -€113,872 | -5.7% |
| Equity | 10/15 | €1,642,521 | €1,680,519 | +€37,998 | +2.3% |
| 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% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,574,350 | €1,612,348 | +€37,998 | +2.4% |
| Amounts payable | 17/49 | €366,862 | €214,992 | -€151,870 | -41.4% |
| Amounts payable within one year | 42/48 | €366,862 | €214,992 | -€151,870 | -41.4% |
| Trade debts | 44 | €5,047 | €4,497 | -€550 | -10.9% |
| Suppliers | 440/4 | €5,047 | €4,497 | -€550 | -10.9% |
| Other amounts payable | 47/48 | €361,815 | €210,495 | -€151,320 | -41.8% |
| Operating income | 70/76A | €121,000 | €120,000 | -€1,000 | -0.8% |
| Turnover | 70 | €121,000 | €120,000 | -€1,000 | -0.8% |
| Operating charges | 60/66A | €64,101 | €70,814 | +€6,713 | +10.5% |
| Services and other goods | 61 | €39,548 | €45,648 | +€6,101 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | €1,204 | = | 0.0% |
| Other operating charges | 640/8 | €23,349 | €23,961 | +€612 | +2.6% |
| Operating profit (loss) | 9901 | €56,899 | €49,186 | -€7,713 | -13.6% |
| Financial income | 75/76B | €1,125 | €2,022 | +€897 | +79.7% |
| Recurring financial income | 75 | €1,125 | €2,022 | +€897 | +79.7% |
| Other financial income | 752/9 | €1,125 | €2,022 | +€897 | +79.7% |
| Financial charges | 65/66B | €7,015 | €544 | -€6,471 | -92.2% |
| Recurring financial charges | 65 | €7,015 | €544 | -€6,471 | -92.2% |
| Debt charges | 650 | €7,015 | €544 | -€6,471 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €51,009 | €50,664 | -€345 | -0.7% |
| Income taxes | 67/77 | €12,752 | €12,666 | -€86 | -0.7% |
| Taxes | 670/3 | €12,752 | €12,666 | -€86 | -0.7% |
| Profit (loss) for the period | 9904 | €38,257 | €37,998 | -€259 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,257 | €37,998 | -€259 | -0.7% |
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 18 October 2026 via checked.be.