IMMEURO: 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.
IMMEURO
Largest movements
- Tangible fixed assets +€8,825
new in 2025: €8,825
- Deferred charges and accrued income -€3,527
down €3,527 (-16.9%), from €20,879 to €17,353
- Cash +€331
up €331 (+7.0%), from €4,758 to €5,089
mainly Net result for the year (+€29,594) and Other debts (+€9,012)
- Debts after one year -€35,239
down €35,239 (-59.2%), from €59,486 to €24,247
- Profit (loss) carried forward +€29,594
up €29,594 (+6.8%), from -€437,213 to -€407,619
- Other debts +€9,012
up €9,012 (+3.0%), from €298,557 to €307,569
- Current portion of long-term debt +€1,313
up €1,313 (+3.9%), from €33,927 to €35,239
- Accrued charges and deferred income +€950
up €950 (+108.0%), from €880 to €1,830
- Depreciation -€22,138
down €22,138 (-97.9%), from €22,610 to €472
- Financial charges -€866
down €866 (-20.5%), from €4,218 to €3,352
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 | €25,637 | €31,266 | +€5,629 | +22.0% |
| Fixed assets | 21/28 | - | €8,825 | +€8,825 | |
| Tangible fixed assets | 22/27 | - | €8,825 | +€8,825 | |
| Land and buildings | 22 | - | €8,825 | +€8,825 | |
| Current assets | 29/58 | €25,637 | €22,442 | -€3,195 | -12.5% |
| Cash at bank and in hand | 54/58 | €4,758 | €5,089 | +€331 | +7.0% |
| Deferred charges and accrued income | 490/1 | €20,879 | €17,353 | -€3,527 | -16.9% |
| Total equity and liabilities | 10/49 | €25,637 | €31,266 | +€5,629 | +22.0% |
| Equity | 10/15 | -€367,213 | -€337,619 | +€29,594 | +8.1% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€437,213 | -€407,619 | +€29,594 | +6.8% |
| Amounts payable | 17/49 | €392,850 | €368,885 | -€23,964 | -6.1% |
| Amounts payable after more than one year | 17 | €59,486 | €24,247 | -€35,239 | -59.2% |
| Financial debts | 170/4 | €59,486 | €24,247 | -€35,239 | -59.2% |
| Amounts payable within one year | 42/48 | €332,483 | €342,808 | +€10,325 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €33,927 | €35,239 | +€1,313 | +3.9% |
| Other amounts payable | 47/48 | €298,557 | €307,569 | +€9,012 | +3.0% |
| Accrued charges and deferred income | 492/3 | €880 | €1,830 | +€950 | +108.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,610 | €472 | -€22,138 | -97.9% |
| Other operating charges | 640/8 | €3,778 | €3,897 | +€119 | +3.1% |
| Gross operating margin | 9900 | €37,046 | €37,314 | +€269 | +0.7% |
| Operating profit (loss) | 9901 | €10,657 | €32,946 | +€22,288 | +209.1% |
| Financial charges | 65/66B | €4,218 | €3,352 | -€866 | -20.5% |
| Recurring financial charges | 65 | €4,218 | €3,352 | -€866 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €6,440 | €29,594 | +€23,154 | +359.6% |
| Profit (loss) for the period | 9904 | €6,440 | €29,594 | +€23,154 | +359.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,440 | €29,594 | +€23,154 | +359.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.