IMMEO: 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.
IMMEO
Largest movements
- Receivables within one year -€96,676
down €96,676 (-100.0%), from €96,676 to €0
of which Other amounts receivable: -€94,692
- Cash -€21,302
down €21,302 (-56.7%), from €37,543 to €16,241
mainly Other debts (-€123,883) and Net result for the year (-€487)
- Other debts -€123,883
down €123,883 (-70.3%), from €176,199 to €52,316
- Trade debts +€4,930
up €4,930 (+2084.2%), from €237 to €5,167
- Gross operating margin +€4,697
up €4,697, from -€4,587 to €109
- Financial income -€2,294
down €2,294 (-100.0%), from €2,294 to €0
- Other operating charges -€238
down €238 (-82.8%), from €287 to €49
- Financial charges -€128
down €128 (-39.0%), from €327 to €199
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 | €135,174 | €16,848 | -€118,326 | -87.5% |
| Fixed assets | 21/28 | €955 | €607 | -€348 | -36.4% |
| Tangible fixed assets | 22/27 | €955 | €607 | -€348 | -36.4% |
| Plant, machinery and equipment | 23 | €955 | €607 | -€348 | -36.4% |
| Current assets | 29/58 | €134,219 | €16,241 | -€117,978 | -87.9% |
| Amounts receivable within one year | 40/41 | €96,676 | €0 | -€96,676 | -100.0% |
| Trade receivables | 40 | €1,984 | €0 | -€1,984 | -100.0% |
| Other amounts receivable | 41 | €94,692 | €0 | -€94,692 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,543 | €16,241 | -€21,302 | -56.7% |
| Total equity and liabilities | 10/49 | €135,174 | €16,848 | -€118,326 | -87.5% |
| Equity | 10/15 | -€41,304 | -€41,791 | -€487 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,504 | -€132,991 | -€487 | -0.4% |
| Amounts payable | 17/49 | €176,478 | €58,639 | -€117,839 | -66.8% |
| Amounts payable within one year | 42/48 | €176,436 | €58,639 | -€117,797 | -66.8% |
| Trade debts | 44 | €237 | €5,167 | +€4,930 | +2084.2% |
| Suppliers | 440/4 | €237 | €5,167 | +€4,930 | +2084.2% |
| Taxes, remuneration and social security | 45 | - | €1,156 | +€1,156 | |
| Taxes | 450/3 | - | €1,156 | +€1,156 | |
| Other amounts payable | 47/48 | €176,199 | €52,316 | -€123,883 | -70.3% |
| Accrued charges and deferred income | 492/3 | €42 | €0 | -€42 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348 | €348 | = | 0.0% |
| Other operating charges | 640/8 | €287 | €49 | -€238 | -82.8% |
| Gross operating margin | 9900 | -€4,587 | €109 | +€4,697 | |
| Operating profit (loss) | 9901 | -€5,223 | -€288 | +€4,935 | +94.5% |
| Financial income | 75/76B | €2,294 | €0 | -€2,294 | -100.0% |
| Recurring financial income | 75 | €2,294 | €0 | -€2,294 | -100.0% |
| Financial charges | 65/66B | €327 | €199 | -€128 | -39.0% |
| Recurring financial charges | 65 | €327 | €199 | -€128 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,255 | -€487 | +€2,768 | +85.0% |
| Profit (loss) for the period | 9904 | -€3,255 | -€487 | +€2,768 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,255 | -€487 | +€2,768 | +85.0% |
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 12 October 2026 via checked.be.