IMMODY: 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.
IMMODY
Largest movements
- Cash +€53,401
new in 2025: €53,401
mainly Other debts (+€38,127) and Depreciation (+€26,968)
- Tangible fixed assets -€17,740
down €17,740 (-5.1%), from €347,589 to €329,849
- Receivables within one year -€11,684
down €11,684 (-86.5%), from €13,514 to €1,829
of which Trade receivables: -€11,309
- Formation expenses -€9,228
down €9,228 (-15.3%), from €60,375 to €51,146
- Other debts +€38,127
up €38,127 (+68.9%), from €55,367 to €93,495
- Debts after one year -€15,504
down €15,504 (-3.5%), from €439,170 to €423,666
of which Financial debts: -€15,504
- Purchases and services +€38,103
up €38,103 (+243.3%), from €15,663 to €53,766
- Turnover +€34,580
up €34,580 (+59.6%), from €57,988 to €92,567
- Financial charges -€4,769
down €4,769 (-27.0%), from €17,653 to €12,884
- Gross operating margin -€3,523
down €3,523 (-8.3%), from €42,325 to €38,801
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 | €762,545 | €783,757 | +€21,212 | +2.8% |
| Formation expenses | 20 | €60,375 | €51,146 | -€9,228 | -15.3% |
| Fixed assets | 21/28 | €347,589 | €329,849 | -€17,740 | -5.1% |
| Tangible fixed assets | 22/27 | €347,589 | €329,849 | -€17,740 | -5.1% |
| Land and buildings | 22 | €326,256 | €317,409 | -€8,848 | -2.7% |
| Furniture and vehicles | 24 | €19,459 | €11,191 | -€8,268 | -42.5% |
| Other tangible fixed assets | 26 | €1,875 | €1,250 | -€625 | -33.3% |
| Current assets | 29/58 | €354,581 | €402,762 | +€48,181 | +13.6% |
| Stocks and contracts in progress | 3 | €339,804 | €346,239 | +€6,435 | +1.9% |
| Stocks | 30/36 | €339,804 | €346,239 | +€6,435 | +1.9% |
| Amounts receivable within one year | 40/41 | €13,514 | €1,829 | -€11,684 | -86.5% |
| Trade receivables | 40 | €13,139 | €1,829 | -€11,309 | -86.1% |
| Other amounts receivable | 41 | €375 | - | -€375 | |
| Cash at bank and in hand | 54/58 | - | €53,401 | +€53,401 | |
| Deferred charges and accrued income | 490/1 | €1,264 | €1,293 | +€29 | +2.3% |
| Total equity and liabilities | 10/49 | €762,545 | €783,757 | +€21,212 | +2.8% |
| Equity | 10/15 | -€31,818 | -€39,274 | -€7,456 | -23.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341,818 | -€349,274 | -€7,456 | -2.2% |
| Provisions and deferred taxes | 16 | - | €1,600 | +€1,600 | |
| Provisions for liabilities and charges | 160/5 | - | €1,600 | +€1,600 | |
| Other liabilities and charges | 164/5 | - | €1,600 | +€1,600 | |
| Amounts payable | 17/49 | €794,363 | €821,432 | +€27,069 | +3.4% |
| Amounts payable after more than one year | 17 | €439,170 | €423,666 | -€15,504 | -3.5% |
| Financial debts | 170/4 | €47,779 | €32,275 | -€15,504 | -32.4% |
| Other amounts payable | 178/9 | €391,391 | €391,391 | = | 0.0% |
| Amounts payable within one year | 42/48 | €355,193 | €397,766 | +€42,573 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €285,504 | €285,504 | = | 0.0% |
| Financial debts | 43 | €4,802 | - | -€4,802 | |
| Credit institutions | 430/8 | €4,802 | - | -€4,802 | |
| Trade debts | 44 | €7,009 | €8,758 | +€1,749 | +25.0% |
| Suppliers | 440/4 | €7,009 | €8,758 | +€1,749 | +25.0% |
| Taxes, remuneration and social security | 45 | €2,511 | €10,010 | +€7,498 | +298.6% |
| Taxes | 450/3 | €2,511 | €10,010 | +€7,498 | +298.6% |
| Other amounts payable | 47/48 | €55,367 | €93,495 | +€38,127 | +68.9% |
| Turnover | 70 | €57,988 | €92,567 | +€34,580 | +59.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,663 | €53,766 | +€38,103 | +243.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,305 | €26,968 | -€336 | -1.2% |
| Other operating charges | 640/8 | €6,682 | €6,406 | -€277 | -4.1% |
| Gross operating margin | 9900 | €42,325 | €38,801 | -€3,523 | -8.3% |
| Operating profit (loss) | 9901 | €8,338 | €5,427 | -€2,910 | -34.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €17,653 | €12,884 | -€4,769 | -27.0% |
| Recurring financial charges | 65 | €17,653 | €12,884 | -€4,769 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,315 | -€7,456 | +€1,858 | +20.0% |
| Profit (loss) for the period | 9904 | -€9,315 | -€7,456 | +€1,858 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,315 | -€7,456 | +€1,858 | +20.0% |
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 5 October 2026 via checked.be.