IMMIC: 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.
IMMIC
Largest movements
- Receivables within one year +€314,232
up €314,232 (+97.4%), from €322,666 to €636,898
of which Other amounts receivable: +€318,404
- Cash -€294,861
down €294,861 (-77.7%), from €379,384 to €84,523
mainly Receivables within one year (-€314,232) and Trade debts (-€168)
- Tangible fixed assets -€15,529
down €15,529 (-2.0%), from €768,581 to €753,051
of which Other tangible fixed assets: -€15,157
No liability line moved by more than 1% of the balance sheet total.
- Taxes -€3,481
down €3,481 (-72.3%), from €4,818 to €1,337
- Gross operating margin -€3,030
down €3,030 (-35.1%), from €8,628 to €5,598
- Financial income -€1,220
down €1,220 (-6.4%), from €18,960 to €17,740
- Depreciation +€86
up €86 (+0.6%), from €15,443 to €15,529
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 | €1,470,631 | €1,474,473 | +€3,842 | +0.3% |
| Fixed assets | 21/28 | €768,581 | €753,051 | -€15,529 | -2.0% |
| Tangible fixed assets | 22/27 | €768,581 | €753,051 | -€15,529 | -2.0% |
| Land and buildings | 22 | €127,665 | €127,665 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,574 | €1,202 | -€372 | -23.6% |
| Other tangible fixed assets | 26 | €639,342 | €624,184 | -€15,157 | -2.4% |
| Current assets | 29/58 | €702,050 | €721,421 | +€19,371 | +2.8% |
| Amounts receivable within one year | 40/41 | €322,666 | €636,898 | +€314,232 | +97.4% |
| Trade receivables | 40 | €4,172 | - | -€4,172 | |
| Other amounts receivable | 41 | €318,494 | €636,898 | +€318,404 | +100.0% |
| Cash at bank and in hand | 54/58 | €379,384 | €84,523 | -€294,861 | -77.7% |
| Total equity and liabilities | 10/49 | €1,470,631 | €1,474,473 | +€3,842 | +0.3% |
| Equity | 10/15 | €1,467,248 | €1,471,258 | +€4,010 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €156,200 | €156,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,249,048 | €1,253,058 | +€4,010 | +0.3% |
| Amounts payable | 17/49 | €3,383 | €3,215 | -€168 | -5.0% |
| Amounts payable within one year | 42/48 | €3,383 | €3,215 | -€168 | -5.0% |
| Trade debts | 44 | €767 | €599 | -€168 | -21.9% |
| Suppliers | 440/4 | €767 | €599 | -€168 | -21.9% |
| Taxes, remuneration and social security | 45 | €2,616 | €2,616 | = | 0.0% |
| Taxes | 450/3 | €2,616 | €2,616 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,443 | €15,529 | +€86 | +0.6% |
| Other operating charges | 640/8 | €2,142 | €2,207 | +€65 | +3.0% |
| Gross operating margin | 9900 | €8,628 | €5,598 | -€3,030 | -35.1% |
| Operating profit (loss) | 9901 | -€8,957 | -€12,139 | -€3,182 | -35.5% |
| Financial income | 75/76B | €18,960 | €17,740 | -€1,220 | -6.4% |
| Recurring financial income | 75 | €18,960 | €17,740 | -€1,220 | -6.4% |
| Financial charges | 65/66B | €255 | €255 | -€0 | 0.0% |
| Recurring financial charges | 65 | €255 | €255 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,748 | €5,346 | -€4,402 | -45.2% |
| Income taxes | 67/77 | €4,818 | €1,337 | -€3,481 | -72.3% |
| Profit (loss) for the period | 9904 | €4,931 | €4,010 | -€921 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,931 | €4,010 | -€921 | -18.7% |
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 7 October 2026 via checked.be.