IMMODG: 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.
IMMODG
Largest movements
- Tangible fixed assets -€35,501
down €35,501 (-26.6%), from €133,560 to €98,059
of which Plant, machinery and equipment: -€31,672
- Cash +€1,736
up €1,736 (+378.7%), from €459 to €2,195
mainly Depreciation (+€35,501)
- Other debts -€25,486
down €25,486 (-15.4%), from €165,252 to €139,766
- Profit (loss) carried forward -€8,266
down €8,266 (-5.4%), from -€152,046 to -€160,312
- Depreciation +€1,781
up €1,781 (+5.3%), from €33,720 to €35,501
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 | €134,406 | €100,653 | -€33,752 | -25.1% |
| Fixed assets | 21/28 | €133,560 | €98,059 | -€35,501 | -26.6% |
| Tangible fixed assets | 22/27 | €133,560 | €98,059 | -€35,501 | -26.6% |
| Land and buildings | 22 | €81,173 | €77,343 | -€3,830 | -4.7% |
| Plant, machinery and equipment | 23 | €52,387 | €20,715 | -€31,672 | -60.5% |
| Current assets | 29/58 | €846 | €2,595 | +€1,749 | +206.7% |
| Cash at bank and in hand | 54/58 | €459 | €2,195 | +€1,736 | +378.7% |
| Deferred charges and accrued income | 490/1 | €387 | €400 | +€12 | +3.2% |
| Total equity and liabilities | 10/49 | €134,406 | €100,653 | -€33,752 | -25.1% |
| Equity | 10/15 | -€30,846 | -€39,112 | -€8,266 | -26.8% |
| Contributions | 10/11 | €121,200 | €121,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,046 | -€160,312 | -€8,266 | -5.4% |
| Amounts payable | 17/49 | €165,252 | €139,766 | -€25,486 | -15.4% |
| Amounts payable within one year | 42/48 | €165,252 | €139,766 | -€25,486 | -15.4% |
| Other amounts payable | 47/48 | €165,252 | €139,766 | -€25,486 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,720 | €35,501 | +€1,781 | +5.3% |
| Other operating charges | 640/8 | €1,594 | €1,644 | +€50 | +3.1% |
| Gross operating margin | 9900 | €29,147 | €29,032 | -€115 | -0.4% |
| Operating profit (loss) | 9901 | -€6,167 | -€8,113 | -€1,946 | -31.6% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,320 | -€8,266 | -€1,946 | -30.8% |
| Profit (loss) for the period | 9904 | -€6,320 | -€8,266 | -€1,946 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,320 | -€8,266 | -€1,946 | -30.8% |
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 11 October 2026 via checked.be.