IMMEUROPE: 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.
IMMEUROPE
Largest movements
- Receivables within one year -€273,867
down €273,867 (-54.1%), from €505,921 to €232,055
- Cash +€50,315
up €50,315 (+98.1%), from €51,314 to €101,629
mainly Receivables within one year (+€273,867) and Other debts (+€130,000)
- Tangible fixed assets +€29,132
up €29,132 (+17.2%), from €169,041 to €198,173
- Reserves -€365,579
down €365,579 (-97.4%), from €375,409 to €9,831
of which Distributable reserves: -€365,579
- Other debts +€130,000
new in 2025: €130,000
- Tax, wage and social debts +€46,605
new in 2025: €46,605
- Trade debts -€24,446
no longer reported in 2025 (was €24,446)
- Accrued charges and deferred income +€17,070
up €17,070 (+87.0%), from €19,619 to €36,689
- Gross operating margin +€34,611
up €34,611 (+16.6%), from €208,770 to €243,380
- Taxes +€24,171
up €24,171 (+108%), from €22,434 to €46,605
- Other operating charges -€17,036
down €17,036 (-31.3%), from €54,479 to €37,443
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 | €757,893 | €561,407 | -€196,487 | -25.9% |
| Fixed assets | 21/28 | €198,591 | €227,723 | +€29,132 | +14.7% |
| Tangible fixed assets | 22/27 | €169,041 | €198,173 | +€29,132 | +17.2% |
| Land and buildings | 22 | €169,041 | €198,173 | +€29,132 | +17.2% |
| Financial fixed assets | 28 | €29,550 | €29,550 | = | 0.0% |
| Current assets | 29/58 | €559,302 | €333,684 | -€225,618 | -40.3% |
| Amounts receivable within one year | 40/41 | €505,921 | €232,055 | -€273,867 | -54.1% |
| Other amounts receivable | 41 | €505,921 | €232,055 | -€273,867 | -54.1% |
| Cash at bank and in hand | 54/58 | €51,314 | €101,629 | +€50,315 | +98.1% |
| Deferred charges and accrued income | 490/1 | €2,067 | - | -€2,067 | |
| Total equity and liabilities | 10/49 | €757,893 | €561,407 | -€196,487 | -25.9% |
| Equity | 10/15 | €442,341 | €76,762 | -€365,579 | -82.6% |
| Contributions | 10/11 | €66,931 | €66,931 | = | 0.0% |
| Capital | 10 | €66,931 | €66,931 | = | 0.0% |
| Issued capital | 100 | €66,931 | €66,931 | = | 0.0% |
| Reserves | 13 | €375,409 | €9,831 | -€365,579 | -97.4% |
| Non-distributable reserves | 130/1 | €6,693 | €6,693 | = | 0.0% |
| Legal reserve | 130 | €6,693 | €6,693 | = | 0.0% |
| Distributable reserves | 133 | €368,716 | €3,138 | -€365,579 | -99.1% |
| Amounts payable | 17/49 | €315,553 | €484,645 | +€169,092 | +53.6% |
| Amounts payable after more than one year | 17 | €230,894 | €229,930 | -€965 | -0.4% |
| Financial debts | 170/4 | €230,894 | €229,930 | -€965 | -0.4% |
| Amounts payable within one year | 42/48 | €65,039 | €218,026 | +€152,987 | +235% |
| Current portion of amounts payable after more than one year | 42 | €40,593 | €41,421 | +€828 | +2.0% |
| Trade debts | 44 | €24,446 | - | -€24,446 | |
| Suppliers | 440/4 | €24,446 | - | -€24,446 | |
| Taxes, remuneration and social security | 45 | - | €46,605 | +€46,605 | |
| Taxes | 450/3 | - | €46,605 | +€46,605 | |
| Other amounts payable | 47/48 | - | €130,000 | +€130,000 | |
| Accrued charges and deferred income | 492/3 | €19,619 | €36,689 | +€17,070 | +87.0% |
| Non-recurring operating income | 76A | €1,256 | - | -€1,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,430 | €11,325 | +€895 | +8.6% |
| Other operating charges | 640/8 | €54,479 | €37,443 | -€17,036 | -31.3% |
| Non-recurring operating charges | 66A | - | €18,150 | +€18,150 | |
| Gross operating margin | 9900 | €208,770 | €243,380 | +€34,611 | +16.6% |
| Operating profit (loss) | 9901 | €143,860 | €176,462 | +€32,602 | +22.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €6,012 | €5,439 | -€573 | -9.5% |
| Recurring financial charges | 65 | €6,012 | €5,439 | -€573 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €137,848 | €171,027 | +€33,178 | +24.1% |
| Income taxes | 67/77 | €22,434 | €46,605 | +€24,171 | +108% |
| Profit (loss) for the period | 9904 | €115,414 | €124,421 | +€9,007 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,414 | €124,421 | +€9,007 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.