IMMODALLE: 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.
IMMODALLE
Largest movements
- Cash -€23,061
down €23,061 (-90.2%), from €25,576 to €2,515
mainly Trade debts (-€31,926) and Investment in fixed assets (net) (-€21,863)
- Tangible fixed assets +€5,269
up €5,269 (+3.7%), from €143,969 to €149,238
of which Land and buildings: +€5,468
- Trade debts -€31,926
down €31,926 (-82.4%), from €38,732 to €6,806
- Other debts +€15,638
up €15,638 (+18.8%), from €83,182 to €98,820
- Reserves +€8,560
up €8,560 (+24.9%), from €34,323 to €42,883
- Tax, wage and social debts -€8,411
down €8,411 (-64.7%), from €13,001 to €4,590
- Gross operating margin -€15,623
down €15,623 (-31.0%), from €50,395 to €34,772
- Taxes -€8,411
down €8,411 (-64.7%), from €13,001 to €4,590
- Depreciation +€8,405
up €8,405 (+102.6%), from €8,189 to €16,594
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 | €189,238 | €173,099 | -€16,139 | -8.5% |
| Fixed assets | 21/28 | €144,165 | €149,434 | +€5,269 | +3.7% |
| Tangible fixed assets | 22/27 | €143,969 | €149,238 | +€5,269 | +3.7% |
| Land and buildings | 22 | €143,421 | €148,889 | +€5,468 | +3.8% |
| Furniture and vehicles | 24 | €548 | €349 | -€199 | -36.3% |
| Financial fixed assets | 28 | €196 | €196 | = | 0.0% |
| Current assets | 29/58 | €45,073 | €23,665 | -€21,408 | -47.5% |
| Amounts receivable within one year | 40/41 | €19,497 | €21,150 | +€1,653 | +8.5% |
| Trade receivables | 40 | €16,763 | €20,753 | +€3,990 | +23.8% |
| Other amounts receivable | 41 | €2,734 | €397 | -€2,337 | -85.5% |
| Cash at bank and in hand | 54/58 | €25,576 | €2,515 | -€23,061 | -90.2% |
| Total equity and liabilities | 10/49 | €189,238 | €173,099 | -€16,139 | -8.5% |
| Equity | 10/15 | €54,323 | €62,883 | +€8,560 | +15.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,323 | €42,883 | +€8,560 | +24.9% |
| Distributable reserves | 133 | €34,323 | €42,883 | +€8,560 | +24.9% |
| Amounts payable | 17/49 | €134,915 | €110,216 | -€24,699 | -18.3% |
| Amounts payable within one year | 42/48 | €134,915 | €110,216 | -€24,699 | -18.3% |
| Trade debts | 44 | €38,732 | €6,806 | -€31,926 | -82.4% |
| Suppliers | 440/4 | €38,732 | €6,806 | -€31,926 | -82.4% |
| Taxes, remuneration and social security | 45 | €13,001 | €4,590 | -€8,411 | -64.7% |
| Taxes | 450/3 | €13,001 | €4,590 | -€8,411 | -64.7% |
| Other amounts payable | 47/48 | €83,182 | €98,820 | +€15,638 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,189 | €16,594 | +€8,405 | +102.6% |
| Other operating charges | 640/8 | €4,697 | €4,942 | +€245 | +5.2% |
| Gross operating margin | 9900 | €50,395 | €34,772 | -€15,623 | -31.0% |
| Operating profit (loss) | 9901 | €37,509 | €13,236 | -€24,273 | -64.7% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €227 | €94 | -€133 | -58.6% |
| Recurring financial charges | 65 | €227 | €94 | -€133 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | €37,282 | €13,150 | -€24,132 | -64.7% |
| Income taxes | 67/77 | €13,001 | €4,590 | -€8,411 | -64.7% |
| Profit (loss) for the period | 9904 | €24,281 | €8,560 | -€15,721 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,281 | €8,560 | -€15,721 | -64.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.