IMMEDICI: 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.
IMMEDICI
Largest movements
- Tangible fixed assets +€694,147
up €694,147 (+45.4%), from €1.5m to €2.2m
of which Land and buildings: +€701,806
- Receivables within one year -€73,191
down €73,191 (-72.3%), from €101,285 to €28,094
of which Trade receivables: -€73,191
- Deferred charges and accrued income +€59,608
up €59,608 (+15,225%), from €392 to €60,000
- Debts after one year +€626,938
up €626,938 (+46.0%), from €1.4m to €2.0m
- Other debts +€43,471
up €43,471 (+88.1%), from €49,323 to €92,794
- Depreciation +€61,246
up €61,246 (+92.9%), from €65,909 to €127,155
- Gross operating margin -€5,535
down €5,535 (-2.9%), from €188,260 to €182,725
- Taxes +€4,464
up €4,464 (+1,812%), from €246 to €4,711
- Financial charges -€2,342
down €2,342 (-6.7%), from €34,813 to €32,471
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 | €1,636,198 | €2,326,313 | +€690,115 | +42.2% |
| Fixed assets | 21/28 | €1,529,854 | €2,224,001 | +€694,147 | +45.4% |
| Tangible fixed assets | 22/27 | €1,529,854 | €2,224,001 | +€694,147 | +45.4% |
| Land and buildings | 22 | €1,467,349 | €2,169,154 | +€701,806 | +47.8% |
| Plant, machinery and equipment | 23 | €55,607 | €48,749 | -€6,859 | -12.3% |
| Furniture and vehicles | 24 | €6,898 | €6,098 | -€800 | -11.6% |
| Current assets | 29/58 | €106,345 | €102,313 | -€4,032 | -3.8% |
| Amounts receivable within one year | 40/41 | €101,285 | €28,094 | -€73,191 | -72.3% |
| Trade receivables | 40 | €101,285 | €28,094 | -€73,191 | -72.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,668 | €14,219 | +€9,550 | +205% |
| Deferred charges and accrued income | 490/1 | €392 | €60,000 | +€59,608 | +15,225% |
| Total equity and liabilities | 10/49 | €1,636,198 | €2,326,313 | +€690,115 | +42.2% |
| Equity | 10/15 | €96,794 | €109,412 | +€12,618 | +13.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,794 | €104,412 | +€12,618 | +13.7% |
| Distributable reserves | 133 | €91,794 | €104,412 | +€12,618 | +13.7% |
| Amounts payable | 17/49 | €1,539,405 | €2,216,902 | +€677,497 | +44.0% |
| Amounts payable after more than one year | 17 | €1,362,909 | €1,989,847 | +€626,938 | +46.0% |
| Financial debts | 170/4 | €1,362,909 | €1,989,847 | +€626,938 | +46.0% |
| Amounts payable within one year | 42/48 | €176,495 | €224,908 | +€48,413 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €101,512 | €112,263 | +€10,751 | +10.6% |
| Trade debts | 44 | €5,013 | €9,240 | +€4,227 | +84.3% |
| Suppliers | 440/4 | €5,013 | €9,240 | +€4,227 | +84.3% |
| Advances received on contracts in progress | 46 | €8,287 | €0 | -€8,287 | -100% |
| Taxes, remuneration and social security | 45 | €12,360 | €10,611 | -€1,749 | -14.2% |
| Taxes | 450/3 | €10,060 | €8,311 | -€1,749 | -17.4% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €49,323 | €92,794 | +€43,471 | +88.1% |
| Accrued charges and deferred income | 492/3 | €0 | €2,146 | +€2,146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,909 | €127,155 | +€61,246 | +92.9% |
| Other operating charges | 640/8 | €6,051 | €5,769 | -€281 | -4.7% |
| Non-recurring operating charges | 66A | €3,073 | €0 | -€3,073 | -100% |
| Gross operating margin | 9900 | €188,260 | €182,725 | -€5,535 | -2.9% |
| Operating profit (loss) | 9901 | €113,226 | €49,800 | -€63,427 | -56.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €34,813 | €32,471 | -€2,342 | -6.7% |
| Recurring financial charges | 65 | €34,813 | €32,471 | -€2,342 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €78,414 | €17,329 | -€61,085 | -77.9% |
| Income taxes | 67/77 | €246 | €4,711 | +€4,464 | +1,812% |
| Profit (loss) for the period | 9904 | €78,167 | €12,618 | -€65,549 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,167 | €12,618 | -€65,549 | -83.9% |
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 28 October 2026 via checked.be.