IMMODRINKS: 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.
IMMODRINKS
Largest movements
- Tangible fixed assets -€147,739
down €147,739 (-14.4%), from €1.0m to €876,077
of which Furniture and vehicles: -€118,066
- Receivables within one year -€79,765
down €79,765 (-98.6%), from €80,905 to €1,140
of which Trade receivables: -€69,768
- Cash -€17,697
down €17,697 (-83.5%), from €21,193 to €3,497
mainly Other debts (-€230,039) and Net result for the year (-€53,441)
- Deferred charges and accrued income -€14,572
down €14,572 (-58.0%), from €25,119 to €10,547
- Other debts -€230,039
down €230,039 (-49.9%), from €461,149 to €231,111
- Reserves -€111,446
down €111,446 (-21.1%), from €526,985 to €415,539
of which Tax-exempt reserves: -€56,439
- Profit (loss) carried forward +€85,310
up €85,310, from -€85,310 to €0
- Accrued charges and deferred income +€25,933
up €25,933 (+356%), from €7,277 to €33,210
- Debts after one year -€22,982
down €22,982 (-74.0%), from €31,076 to €8,094
of which Financial debts: -€22,982
- Other operating charges +€107,119
up €107,119 (+526%), from €20,361 to €127,480
- Gross operating margin +€100,673
up €100,673 (+135%), from €74,816 to €175,489
- Depreciation -€78,952
down €78,952 (-51.1%), from €154,545 to €75,592
- Financial charges +€13,175
up €13,175 (+54.1%), from €24,347 to €37,522
- Write-downs -€2,798
down €2,798 (-413%), from -€677 to -€3,475
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 | €1,155,796 | €891,261 | -€264,535 | -22.9% |
| Fixed assets | 21/28 | €1,028,578 | €876,077 | -€152,501 | -14.8% |
| Tangible fixed assets | 22/27 | €1,023,816 | €876,077 | -€147,739 | -14.4% |
| Land and buildings | 22 | €819,899 | €794,436 | -€25,463 | -3.1% |
| Plant, machinery and equipment | 23 | €22,909 | €18,699 | -€4,210 | -18.4% |
| Furniture and vehicles | 24 | €181,008 | €62,942 | -€118,066 | -65.2% |
| Financial fixed assets | 28 | €4,762 | €0 | -€4,762 | -100% |
| Current assets | 29/58 | €127,218 | €15,184 | -€112,033 | -88.1% |
| Amounts receivable within one year | 40/41 | €80,905 | €1,140 | -€79,765 | -98.6% |
| Trade receivables | 40 | €70,488 | €720 | -€69,768 | -99.0% |
| Other amounts receivable | 41 | €10,417 | €420 | -€9,996 | -96.0% |
| Cash at bank and in hand | 54/58 | €21,193 | €3,497 | -€17,697 | -83.5% |
| Deferred charges and accrued income | 490/1 | €25,119 | €10,547 | -€14,572 | -58.0% |
| Total equity and liabilities | 10/49 | €1,155,796 | €891,261 | -€264,535 | -22.9% |
| Equity | 10/15 | €490,643 | €464,507 | -€26,136 | -5.3% |
| Contributions | 10/11 | €48,968 | €48,968 | = | 0.0% |
| Reserves | 13 | €526,985 | €415,539 | -€111,446 | -21.1% |
| Tax-exempt reserves | 132 | €415,011 | €358,572 | -€56,439 | -13.6% |
| Distributable reserves | 133 | €111,975 | €56,967 | -€55,007 | -49.1% |
| Profit (loss) carried forward | 14 | -€85,310 | €0 | +€85,310 | |
| Provisions and deferred taxes | 16 | €115,632 | €101,053 | -€14,579 | -12.6% |
| Deferred taxes | 168 | €115,632 | €101,053 | -€14,579 | -12.6% |
| Amounts payable | 17/49 | €549,521 | €325,700 | -€223,821 | -40.7% |
| Amounts payable after more than one year | 17 | €31,076 | €8,094 | -€22,982 | -74.0% |
| Financial debts | 170/4 | €24,836 | €1,854 | -€22,982 | -92.5% |
| Other amounts payable | 178/9 | €6,240 | €6,240 | = | 0.0% |
| Amounts payable within one year | 42/48 | €511,169 | €284,397 | -€226,772 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €22,742 | €22,982 | +€240 | +1.1% |
| Trade debts | 44 | €17,528 | €19,785 | +€2,257 | +12.9% |
| Suppliers | 440/4 | €17,528 | €19,785 | +€2,257 | +12.9% |
| Advances received on contracts in progress | 46 | €570 | €0 | -€570 | -100% |
| Taxes, remuneration and social security | 45 | €9,179 | €10,519 | +€1,340 | +14.6% |
| Taxes | 450/3 | €9,179 | €10,519 | +€1,340 | +14.6% |
| Other amounts payable | 47/48 | €461,149 | €231,111 | -€230,039 | -49.9% |
| Accrued charges and deferred income | 492/3 | €7,277 | €33,210 | +€25,933 | +356% |
| Non-recurring operating income | 76A | €24,551 | €89,016 | +€64,465 | +263% |
| Remuneration, social security and pensions | 62 | -€486 | €0 | +€486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,545 | €75,592 | -€78,952 | -51.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€677 | -€3,475 | -€2,798 | -413% |
| Other operating charges | 640/8 | €20,361 | €127,480 | +€107,119 | +526% |
| Non-recurring operating charges | 66A | €1,192 | €0 | -€1,192 | -100% |
| Gross operating margin | 9900 | €74,816 | €175,489 | +€100,673 | +135% |
| Operating profit (loss) | 9901 | -€100,119 | -€24,108 | +€76,012 | +75.9% |
| Financial income | 75/76B | €31 | €0 | -€31 | -100% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -100% |
| Financial charges | 65/66B | €24,347 | €37,522 | +€13,175 | +54.1% |
| Recurring financial charges | 65 | €24,347 | €37,522 | +€13,175 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | -€124,435 | -€61,629 | +€62,806 | +50.5% |
| Transfer from deferred taxes | 780 | €8,308 | €8,501 | +€192 | +2.3% |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €541 | €313 | -€229 | -42.2% |
| Profit (loss) for the period | 9904 | -€116,668 | -€53,441 | +€63,227 | +54.2% |
| Transfer from tax-exempt reserves | 789 | €31,358 | €32,127 | +€769 | +2.5% |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€85,310 | -€21,315 | +€63,996 | +75.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.