IMMERSAVE: 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.
IMMERSAVE
Largest movements
- Receivables within one year -€2,704
down €2,704 (-66.4%), from €4,073 to €1,369
of which Trade receivables: -€2,704
- Tangible fixed assets -€2,543
down €2,543 (-13.0%), from €19,567 to €17,024
of which Plant, machinery and equipment: -€3,086
- Cash +€1,396
up €1,396 (+17.6%), from €7,938 to €9,334
mainly Depreciation (+€3,433) and Receivables within one year (+€2,704)
- Profit (loss) carried forward -€1,645
down €1,645 (-80.1%), from €2,052 to €408
- Tax, wage and social debts -€1,471
down €1,471 (-74.1%), from €1,985 to €515
- Other debts -€897
down €897 (-5.8%), from €15,438 to €14,541
- Gross operating margin -€2,856
down €2,856 (-59.0%), from €4,842 to €1,986
- Depreciation +€1,910
up €1,910 (+125.4%), from €1,523 to €3,433
- Taxes -€783
no longer reported in 2024 (was €783)
- Other operating charges -€374
down €374 (-83.6%), from €447 to €73
- Financial charges +€88
up €88 (+236.8%), from €37 to €125
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,579 | €27,728 | -€3,851 | -12.2% |
| Fixed assets | 21/28 | €19,567 | €17,024 | -€2,543 | -13.0% |
| Tangible fixed assets | 22/27 | €19,567 | €17,024 | -€2,543 | -13.0% |
| Plant, machinery and equipment | 23 | €18,903 | €15,817 | -€3,086 | -16.3% |
| Furniture and vehicles | 24 | €664 | €1,207 | +€543 | +81.7% |
| Current assets | 29/58 | €12,012 | €10,704 | -€1,308 | -10.9% |
| Amounts receivable within one year | 40/41 | €4,073 | €1,369 | -€2,704 | -66.4% |
| Trade receivables | 40 | €4,073 | €1,369 | -€2,704 | -66.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,938 | €9,334 | +€1,396 | +17.6% |
| Total equity and liabilities | 10/49 | €31,579 | €27,728 | -€3,851 | -12.2% |
| Equity | 10/15 | €14,052 | €12,408 | -€1,645 | -11.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,052 | €408 | -€1,645 | -80.1% |
| Amounts payable | 17/49 | €17,527 | €15,320 | -€2,207 | -12.6% |
| Amounts payable within one year | 42/48 | €17,527 | €15,320 | -€2,207 | -12.6% |
| Trade debts | 44 | €103 | €265 | +€161 | +156.3% |
| Suppliers | 440/4 | €103 | €265 | +€161 | +156.3% |
| Taxes, remuneration and social security | 45 | €1,985 | €515 | -€1,471 | -74.1% |
| Taxes | 450/3 | €1,985 | €515 | -€1,471 | -74.1% |
| Other amounts payable | 47/48 | €15,438 | €14,541 | -€897 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,523 | €3,433 | +€1,910 | +125.4% |
| Other operating charges | 640/8 | €447 | €73 | -€374 | -83.6% |
| Gross operating margin | 9900 | €4,842 | €1,986 | -€2,856 | -59.0% |
| Operating profit (loss) | 9901 | €2,872 | -€1,520 | -€4,392 | |
| Financial charges | 65/66B | €37 | €125 | +€88 | +236.8% |
| Recurring financial charges | 65 | €37 | €125 | +€88 | +236.8% |
| Profit (loss) for the period before taxes | 9903 | €2,835 | -€1,645 | -€4,480 | |
| Income taxes | 67/77 | €783 | - | -€783 | |
| Profit (loss) for the period | 9904 | €2,052 | -€1,645 | -€3,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,052 | -€1,645 | -€3,697 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.