IMMODO: 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.
IMMODO
Largest movements
- Cash +€51,109
up €51,109 (+64.3%), from €79,510 to €130,619
mainly Net result for the year (+€34,562) and Depreciation (+€20,473)
- Tangible fixed assets -€20,473
down €20,473 (-4.3%), from €480,178 to €459,705
of which Land and buildings: -€20,473
- Deferred charges and accrued income +€9,000
new in 2025: €9,000
- Reserves +€34,500
up €34,500 (+32.5%), from €106,044 to €140,544
- Gross operating margin +€16,622
up €16,622 (+26.4%), from €62,987 to €79,609
- Taxes +€6,119
up €6,119 (+60.2%), from €10,165 to €16,285
- Depreciation -€2,516
down €2,516 (-10.9%), from €22,989 to €20,473
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 | €560,203 | €599,514 | +€39,311 | +7.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €480,178 | €459,705 | -€20,473 | -4.3% |
| Tangible fixed assets | 22/27 | €480,178 | €459,705 | -€20,473 | -4.3% |
| Land and buildings | 22 | €480,178 | €459,705 | -€20,473 | -4.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €80,025 | €139,809 | +€59,784 | +74.7% |
| Amounts receivable within one year | 40/41 | €516 | €191 | -€325 | -63.1% |
| Trade receivables | 40 | €0 | €3 | +€3 | |
| Other amounts receivable | 41 | €516 | €187 | -€328 | -63.7% |
| Cash at bank and in hand | 54/58 | €79,510 | €130,619 | +€51,109 | +64.3% |
| Deferred charges and accrued income | 490/1 | - | €9,000 | +€9,000 | |
| Total equity and liabilities | 10/49 | €560,203 | €599,514 | +€39,311 | +7.0% |
| Equity | 10/15 | €558,070 | €591,832 | +€33,762 | +6.0% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Reserves | 13 | €106,044 | €140,544 | +€34,500 | +32.5% |
| Distributable reserves | 133 | €106,044 | €140,544 | +€34,500 | +32.5% |
| Profit (loss) carried forward | 14 | €22,026 | €21,288 | -€738 | -3.4% |
| Amounts payable | 17/49 | €2,133 | €7,682 | +€5,549 | +260.1% |
| Amounts payable within one year | 42/48 | €2,133 | €7,682 | +€5,549 | +260.1% |
| Trade debts | 44 | €118 | €3 | -€115 | -97.6% |
| Suppliers | 440/4 | €118 | €3 | -€115 | -97.6% |
| Taxes, remuneration and social security | 45 | €1,165 | €6,285 | +€5,119 | +439.3% |
| Taxes | 450/3 | €1,165 | €6,285 | +€5,119 | +439.3% |
| Other amounts payable | 47/48 | €850 | €1,395 | +€545 | +64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,989 | €20,473 | -€2,516 | -10.9% |
| Other operating charges | 640/8 | €7,932 | €8,159 | +€227 | +2.9% |
| Gross operating margin | 9900 | €62,987 | €79,609 | +€16,622 | +26.4% |
| Operating profit (loss) | 9901 | €32,066 | €50,977 | +€18,911 | +59.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.8% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €31,949 | €50,846 | +€18,897 | +59.1% |
| Income taxes | 67/77 | €10,165 | €16,285 | +€6,119 | +60.2% |
| Profit (loss) for the period | 9904 | €21,784 | €34,562 | +€12,778 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,784 | €34,562 | +€12,778 | +58.7% |
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 4 October 2026 via checked.be.