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Immizen: 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.

What changed

Immizen

BE 0739.526.317
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€2,335
2025 · €17,341-€19,676
Equity
€3,734
2025 · €22,390-€18,656
Cash
€3,654
2025 · €26,758-€23,103
Balance sheet total
€4,794
2025 · €27,871-€23,077

Largest movements

2025 to 2026
Assets
  • Cash -€23,103

    down €23,103 (-86.3%), from €26,758 to €3,654

    mainly Contributions, distributions and other (-€16,320) and Provisions (-€3,536)

Equity and liabilities
  • Profit (loss) carried forward -€18,656

    down €18,656, from €17,390 to -€1,266

  • Provisions -€3,536

    no longer reported in 2026 (was €3,536)

  • Other debts -€1,458

    down €1,458 (-75.0%), from €1,945 to €487

  • Accrued charges and deferred income +€573

    new in 2026: €573

Income statement
  • Gross operating margin -€24,875

    down €24,875, from €22,987 to -€1,888

  • Taxes -€5,226

    no longer reported in 2026 (was €5,226)

  • Financial charges +€300

    up €300 (+204.6%), from €147 to €447

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €17,341
Gross operating margin -€24,875
Other operating items +€273
Financial charges -€300
Taxes +€5,226
Result 2026 -€2,335

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€6,783
Investment €0
Financing -€16,320
Cash 2025 €26,758
Net result for the year -€2,335
Receivables within one year -€26
Provisions -€3,536
Other debts -€1,458
Accrued charges and deferred income +€573
Contributions, distributions and other -€16,320
Cash 2026 €3,654
Every line side by side 26 lines
Line Code 2025 2026 Change %
Total assets 20/58 €27,871 €4,794 -€23,077 -82.8%
Current assets 29/58 €27,871 €4,794 -€23,077 -82.8%
Amounts receivable within one year 40/41 €1,114 €1,140 +€26 +2.4%
Trade receivables 40 €962 - -€962
Other amounts receivable 41 €152 €1,140 +€988 +650.9%
Cash at bank and in hand 54/58 €26,758 €3,654 -€23,103 -86.3%
Total equity and liabilities 10/49 €27,871 €4,794 -€23,077 -82.8%
Equity 10/15 €22,390 €3,734 -€18,656 -83.3%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €17,390 -€1,266 -€18,656
Provisions and deferred taxes 16 €3,536 - -€3,536
Provisions for liabilities and charges 160/5 €3,536 - -€3,536
Environmental obligations 163 €3,536 - -€3,536
Amounts payable 17/49 €1,945 €1,060 -€885 -45.5%
Amounts payable within one year 42/48 €1,945 €487 -€1,458 -75.0%
Other amounts payable 47/48 €1,945 €487 -€1,458 -75.0%
Accrued charges and deferred income 492/3 - €573 +€573
Non-recurring operating charges 66A €273 - -€273
Gross operating margin 9900 €22,987 -€1,888 -€24,875
Operating profit (loss) 9901 €22,713 -€1,888 -€24,602
Financial charges 65/66B €147 €447 +€300 +204.6%
Recurring financial charges 65 €147 €447 +€300 +204.6%
Profit (loss) for the period before taxes 9903 €22,567 -€2,335 -€24,902
Income taxes 67/77 €5,226 - -€5,226
Profit (loss) for the period 9904 €17,341 -€2,335 -€19,676
Profit (loss) for the period to be appropriated 9905 €17,341 -€2,335 -€19,676

Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.