IMMEX: 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.
IMMEX
Largest movements
- Receivables within one year +€85,131
up €85,131 (+195.4%), from €43,573 to €128,704
- Stocks and contracts -€12,126
no longer reported in 2017 (was €12,126)
- Cash -€2,474
down €2,474 (-90.6%), from €2,730 to €256
mainly Receivables within one year (-€85,131)
- Equity +€43,719
up €43,719 (+118.4%), from €36,923 to €80,642
of which Profit (loss) carried forward: +€62,620
- Debts within one year +€26,647
up €26,647 (+122.0%), from €21,837 to €48,484
- Gross operating margin -€25,899
down €25,899 (-27.6%), from €93,783 to €67,884
- Taxes +€11,447
up €11,447 (+95.1%), from €12,038 to €23,485
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,761 | €129,126 | +€70,365 | +119.7% |
| Fixed assets | 21/28 | €331 | €166 | -€166 | -50.0% |
| Tangible fixed assets | 22/27 | €331 | €166 | -€166 | -50.0% |
| Current assets | 29/58 | €58,429 | €128,960 | +€70,531 | +120.7% |
| Stocks and contracts in progress | 3 | €12,126 | - | -€12,126 | |
| Amounts receivable within one year | 40/41 | €43,573 | €128,704 | +€85,131 | +195.4% |
| Cash at bank and in hand | 54/58 | €2,730 | €256 | -€2,474 | -90.6% |
| Total equity and liabilities | 10/49 | €58,761 | €129,126 | +€70,365 | +119.7% |
| Equity | 10/15 | €36,923 | €80,642 | +€43,719 | +118.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €18,331 | €62,050 | +€43,719 | +238.5% |
| Profit (loss) carried forward | 14 | -€119,297 | -€56,677 | +€62,620 | +52.5% |
| Amounts payable | 17/49 | €21,837 | €48,484 | +€26,647 | +122.0% |
| Amounts payable within one year | 42/48 | €21,837 | €48,484 | +€26,647 | +122.0% |
| Trade debts | 44 | €4,902 | €1,750 | -€3,152 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | €166 | = | 0.0% |
| Gross operating margin | 9900 | €93,783 | €67,884 | -€25,899 | -27.6% |
| Operating profit (loss) | 9901 | €91,548 | €67,371 | -€24,177 | -26.4% |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Recurring financial charges | 65 | €6,365 | €168 | -€6,197 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €85,187 | €67,203 | -€17,984 | -21.1% |
| Income taxes | 67/77 | €12,038 | €23,485 | +€11,447 | +95.1% |
| Profit (loss) for the period | 9904 | €73,149 | €43,719 | -€29,431 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,149 | €43,719 | -€29,431 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.