Immodestia: what changed
Two financial 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.
Immodestia
Largest movements
- Tangible fixed assets -€97,922
down €97,922 (-5.1%), from €1.9m to €1.8m
- Receivables within one year +€44,548
up €44,548 (+28.5%), from €156,143 to €200,691
- Profit (loss) carried forward +€110,478
up €110,478 (+46.9%), from -€235,326 to -€124,848
- Debts after one year -€91,750
down €91,750 (-5.9%), from €1.5m to €1.5m
- Trade debts -€68,798
down €68,798 (-84.8%), from €81,170 to €12,372
- Gross operating margin +€55,465
up €55,465 (+23.5%), from €235,792 to €291,257
- Financial charges -€3,471
down €3,471 (-5.8%), from €59,890 to €56,419
- Depreciation +€3,131
up €3,131 (+3.0%), from €104,610 to €107,741
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.
Derived cash bridge
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 | €2,066,472 | €2,017,257 | -€49,215 | -2.4% |
| Fixed assets | 21/28 | €1,904,202 | €1,806,281 | -€97,922 | -5.1% |
| Tangible fixed assets | 22/27 | €1,904,202 | €1,806,281 | -€97,922 | -5.1% |
| Land and buildings | 22 | €1,904,202 | €1,806,281 | -€97,922 | -5.1% |
| Current assets | 29/58 | €162,269 | €210,976 | +€48,707 | +30.0% |
| Amounts receivable within one year | 40/41 | €156,143 | €200,691 | +€44,548 | +28.5% |
| Other amounts receivable | 41 | €156,143 | €200,691 | +€44,548 | +28.5% |
| Cash at bank and in hand | 54/58 | €4,411 | €8,493 | +€4,082 | +92.5% |
| Deferred charges and accrued income | 490/1 | €1,715 | €1,792 | +€78 | +4.5% |
| Total equity and liabilities | 10/49 | €2,066,472 | €2,017,257 | -€49,215 | -2.4% |
| Equity | 10/15 | €347,884 | €458,362 | +€110,478 | +31.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €83,209 | €83,209 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €33,209 | €33,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,326 | -€124,848 | +€110,478 | +46.9% |
| Amounts payable | 17/49 | €1,718,588 | €1,558,895 | -€159,693 | -9.3% |
| Amounts payable after more than one year | 17 | €1,544,458 | €1,452,709 | -€91,750 | -5.9% |
| Financial debts | 170/4 | €1,544,458 | €1,452,709 | -€91,750 | -5.9% |
| Amounts payable within one year | 42/48 | €174,130 | €105,332 | -€68,798 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €91,750 | €91,750 | = | 0.0% |
| Trade debts | 44 | €81,170 | €12,372 | -€68,798 | -84.8% |
| Suppliers | 440/4 | €81,170 | €12,372 | -€68,798 | -84.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,210 | €1,210 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €855 | +€855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,610 | €107,741 | +€3,131 | +3.0% |
| Other operating charges | 640/8 | €18,775 | €19,366 | +€591 | +3.1% |
| Gross operating margin | 9900 | €235,792 | €291,257 | +€55,465 | +23.5% |
| Operating profit (loss) | 9901 | €112,407 | €164,149 | +€51,743 | +46.0% |
| Financial income | 75/76B | €1,467 | €2,748 | +€1,280 | +87.3% |
| Recurring financial income | 75 | €1,467 | €2,748 | +€1,280 | +87.3% |
| Financial charges | 65/66B | €59,890 | €56,419 | -€3,471 | -5.8% |
| Recurring financial charges | 65 | €59,890 | €56,419 | -€3,471 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €53,984 | €110,478 | +€56,494 | +105% |
| Profit (loss) for the period | 9904 | €53,984 | €110,478 | +€56,494 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €53,984 | €110,478 | +€56,494 | +105% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.