Immocardio: 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.
Immocardio
Largest movements
- Cash -€29,328
down €29,328 (-62.2%), from €47,176 to €17,848
mainly Debts after one year (-€40,000) and Net result for the year (-€6,895)
- Tangible fixed assets -€18,027
down €18,027 (-39.2%), from €46,009 to €27,982
- Debts after one year -€40,000
down €40,000 (-13.8%), from €290,000 to €250,000
- Profit (loss) carried forward -€6,895
down €6,895 (-3.1%), from -€220,913 to -€227,808
- Depreciation +€2,371
up €2,371 (+15.1%), from €15,657 to €18,027
- Other operating charges -€1,364
down €1,364 (-36.3%), from €3,764 to €2,399
- Financial charges -€700
down €700 (-13.7%), from €5,105 to €4,405
- Gross operating margin -€535
down €535 (-2.9%), from €18,471 to €17,936
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 | €93,458 | €46,103 | -€47,355 | -50.7% |
| Fixed assets | 21/28 | €46,283 | €28,255 | -€18,027 | -39.0% |
| Tangible fixed assets | 22/27 | €46,009 | €27,982 | -€18,027 | -39.2% |
| Land and buildings | 22 | €46,009 | €27,982 | -€18,027 | -39.2% |
| Financial fixed assets | 28 | €274 | €274 | = | 0.0% |
| Current assets | 29/58 | €47,176 | €17,848 | -€29,328 | -62.2% |
| Cash at bank and in hand | 54/58 | €47,176 | €17,848 | -€29,328 | -62.2% |
| Total equity and liabilities | 10/49 | €93,458 | €46,103 | -€47,355 | -50.7% |
| Equity | 10/15 | -€204,713 | -€211,608 | -€6,895 | -3.4% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,913 | -€227,808 | -€6,895 | -3.1% |
| Amounts payable | 17/49 | €298,171 | €257,711 | -€40,460 | -13.6% |
| Amounts payable after more than one year | 17 | €290,000 | €250,000 | -€40,000 | -13.8% |
| Financial debts | 170/4 | €290,000 | €250,000 | -€40,000 | -13.8% |
| Amounts payable within one year | 42/48 | €8,171 | €7,711 | -€460 | -5.6% |
| Trade debts | 44 | €1,550 | €1,850 | +€300 | +19.4% |
| Suppliers | 440/4 | €1,550 | €1,850 | +€300 | +19.4% |
| Other amounts payable | 47/48 | €6,621 | €5,861 | -€760 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,657 | €18,027 | +€2,371 | +15.1% |
| Other operating charges | 640/8 | €3,764 | €2,399 | -€1,364 | -36.3% |
| Gross operating margin | 9900 | €18,471 | €17,936 | -€535 | -2.9% |
| Operating profit (loss) | 9901 | -€949 | -€2,490 | -€1,541 | -162.3% |
| Financial charges | 65/66B | €5,105 | €4,405 | -€700 | -13.7% |
| Recurring financial charges | 65 | €5,105 | €4,405 | -€700 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,054 | -€6,895 | -€841 | -13.9% |
| Profit (loss) for the period | 9904 | -€6,054 | -€6,895 | -€841 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,054 | -€6,895 | -€841 | -13.9% |
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.