IMMIO: 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.
IMMIO
Largest movements
- Tangible fixed assets -€3,323
down €3,323 (-3.0%), from €112,461 to €109,138
of which Land and buildings: -€6,143
- Debts after one year -€11,462
down €11,462 (-13.7%), from €83,797 to €72,335
- Reserves +€4,640
up €4,640 (+232.0%), from €2,000 to €6,640
of which Distributable reserves: +€4,640
- Profit (loss) carried forward +€2,000
up €2,000, from -€1,668 to €333
- Other debts -€1,408
down €1,408 (-10.6%), from €13,236 to €11,828
- Depreciation -€4,877
down €4,877 (-42.7%), from €11,409 to €6,532
- Write-downs -€1,200
down €1,200 (-100.0%), from -€1,200 to -€2,400
- Taxes +€464
new in 2025: €464
- Gross operating margin -€430
down €430 (-2.4%), from €18,028 to €17,599
- Financial charges -€301
down €301 (-7.5%), from €4,006 to €3,705
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 | €134,070 | €129,689 | -€4,381 | -3.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €112,461 | €109,138 | -€3,323 | -3.0% |
| Tangible fixed assets | 22/27 | €112,461 | €109,138 | -€3,323 | -3.0% |
| Land and buildings | 22 | €111,977 | €105,834 | -€6,143 | -5.5% |
| Plant, machinery and equipment | 23 | €485 | €3,304 | +€2,820 | +581.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €21,608 | €20,551 | -€1,058 | -4.9% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,200 | €13,200 | = | 0.0% |
| Trade receivables | 40 | €13,200 | €13,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,214 | €1,979 | -€1,235 | -38.4% |
| Deferred charges and accrued income | 490/1 | €194 | €372 | +€177 | +91.2% |
| Total equity and liabilities | 10/49 | €134,070 | €129,689 | -€4,381 | -3.3% |
| Equity | 10/15 | €20,332 | €26,973 | +€6,640 | +32.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €6,640 | +€4,640 | +232.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €4,640 | +€4,640 | |
| Profit (loss) carried forward | 14 | -€1,668 | €333 | +€2,000 | |
| Amounts payable | 17/49 | €113,737 | €102,716 | -€11,021 | -9.7% |
| Amounts payable after more than one year | 17 | €83,797 | €72,335 | -€11,462 | -13.7% |
| Financial debts | 170/4 | €83,797 | €72,335 | -€11,462 | -13.7% |
| Amounts payable within one year | 42/48 | €28,438 | €28,905 | +€467 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,073 | €12,403 | +€330 | +2.7% |
| Trade debts | 44 | €2,597 | €3,667 | +€1,070 | +41.2% |
| Suppliers | 440/4 | €2,597 | €3,667 | +€1,070 | +41.2% |
| Taxes, remuneration and social security | 45 | €533 | €1,007 | +€475 | +89.1% |
| Taxes | 450/3 | €533 | €1,007 | +€475 | +89.1% |
| Other amounts payable | 47/48 | €13,236 | €11,828 | -€1,408 | -10.6% |
| Accrued charges and deferred income | 492/3 | €1,503 | €1,477 | -€26 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,409 | €6,532 | -€4,877 | -42.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,200 | -€2,400 | -€1,200 | -100.0% |
| Other operating charges | 640/8 | €2,577 | €2,658 | +€80 | +3.1% |
| Gross operating margin | 9900 | €18,028 | €17,599 | -€430 | -2.4% |
| Operating profit (loss) | 9901 | €5,242 | €10,809 | +€5,567 | +106.2% |
| Financial charges | 65/66B | €4,006 | €3,705 | -€301 | -7.5% |
| Recurring financial charges | 65 | €4,006 | €3,705 | -€301 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,236 | €7,104 | +€5,868 | +474.6% |
| Income taxes | 67/77 | - | €464 | +€464 | |
| Profit (loss) for the period | 9904 | €1,236 | €6,640 | +€5,404 | +437.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,236 | €6,640 | +€5,404 | +437.1% |
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 30 September 2026 via checked.be.