Immersion: 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.
Immersion
Largest movements
- Tangible fixed assets +€8,391
up €8,391 (+1,040%), from €807 to €9,198
of which Plant, machinery and equipment: +€8,510
- Cash +€3,726
up €3,726 (+103%), from €3,632 to €7,358
mainly Accrued charges and deferred income (+€6,825) and Net result for the year (+€4,956)
- Accrued charges and deferred income +€6,825
new in 2025: €6,825
- Profit (loss) carried forward +€4,956
up €4,956 (+74.3%), from -€6,672 to -€1,716
- Trade debts +€289
up €289 (+13.8%), from €2,087 to €2,376
- Turnover -€31,738
down €31,738 (-43.5%), from €72,989 to €41,251
- Purchases and services -€28,152
down €28,152 (-48.0%), from €58,594 to €30,442
- Staff costs -€15,473
down €15,473 (-97.9%), from €15,812 to €339
- Depreciation -€5,242
down €5,242 (-61.5%), from €8,520 to €3,278
- Gross operating margin -€3,586
down €3,586 (-24.9%), from €14,395 to €10,809
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 | €15,951 | €27,890 | +€11,939 | +74.8% |
| Fixed assets | 21/28 | €7,007 | €15,398 | +€8,391 | +120% |
| Tangible fixed assets | 22/27 | €807 | €9,198 | +€8,391 | +1,040% |
| Plant, machinery and equipment | 23 | - | €8,510 | +€8,510 | |
| Furniture and vehicles | 24 | €807 | €688 | -€119 | -14.7% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €8,944 | €12,492 | +€3,548 | +39.7% |
| Amounts receivable within one year | 40/41 | €5,312 | €5,134 | -€178 | -3.4% |
| Trade receivables | 40 | €5,230 | €5,134 | -€96 | -1.8% |
| Other amounts receivable | 41 | €82 | - | -€82 | |
| Cash at bank and in hand | 54/58 | €3,632 | €7,358 | +€3,726 | +103% |
| Total equity and liabilities | 10/49 | €15,951 | €27,890 | +€11,939 | +74.8% |
| Equity | 10/15 | €13,733 | €18,689 | +€4,956 | +36.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,672 | -€1,716 | +€4,956 | +74.3% |
| Amounts payable | 17/49 | €2,218 | €9,201 | +€6,983 | +315% |
| Amounts payable within one year | 42/48 | €2,218 | €2,376 | +€158 | +7.1% |
| Trade debts | 44 | €2,087 | €2,376 | +€289 | +13.8% |
| Suppliers | 440/4 | €2,087 | €2,376 | +€289 | +13.8% |
| Taxes, remuneration and social security | 45 | €131 | - | -€131 | |
| Taxes | 450/3 | €131 | - | -€131 | |
| Accrued charges and deferred income | 492/3 | - | €6,825 | +€6,825 | |
| Turnover | 70 | €72,989 | €41,251 | -€31,738 | -43.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,594 | €30,442 | -€28,152 | -48.0% |
| Remuneration, social security and pensions | 62 | €15,812 | €339 | -€15,473 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,520 | €3,278 | -€5,242 | -61.5% |
| Other operating charges | 640/8 | €527 | €823 | +€296 | +56.2% |
| Gross operating margin | 9900 | €14,395 | €10,809 | -€3,586 | -24.9% |
| Operating profit (loss) | 9901 | -€10,464 | €6,369 | +€16,833 | |
| Financial charges | 65/66B | €318 | €188 | -€130 | -40.9% |
| Recurring financial charges | 65 | €318 | €188 | -€130 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,782 | €6,181 | +€16,963 | |
| Income taxes | 67/77 | €25 | €1,225 | +€1,200 | +4,800% |
| Profit (loss) for the period | 9904 | -€10,807 | €4,956 | +€15,763 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,807 | €4,956 | +€15,763 |
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 22 October 2026 via checked.be.