IMMOGER: 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.
IMMOGER
Largest movements
- Cash +€17,868
up €17,868 (+178.7%), from €9,998 to €27,866
mainly Net result for the year (+€24,157) and Stocks and contracts (+€5,700)
- Tangible fixed assets +€8,913
up €8,913 (+79.4%), from €11,226 to €20,139
of which Plant, machinery and equipment: +€10,875
- Stocks and contracts -€5,700
down €5,700 (-44.5%), from €12,800 to €7,100
- Receivables within one year -€1,430
down €1,430 (-18.8%), from €7,596 to €6,166
- Deferred charges and accrued income -€828
down €828 (-40.8%), from €2,028 to €1,200
- Profit (loss) carried forward +€24,157
up €24,157 (+28.2%), from -€85,547 to -€61,390
- Other debts -€11,440
down €11,440 (-42.7%), from €26,786 to €15,346
- Tax, wage and social debts +€4,725
up €4,725 (+218.0%), from €2,168 to €6,893
- Trade debts +€1,380
up €1,380 (+32.8%), from €4,210 to €5,590
- Gross operating margin +€26,810
up €26,810 (+747.9%), from €3,584 to €30,394
- Depreciation +€1,917
up €1,917 (+70.8%), from €2,709 to €4,626
- Financial charges +€1,322
up €1,322 (+837.5%), from €158 to €1,480
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 | €44,148 | €62,971 | +€18,822 | +42.6% |
| Fixed assets | 21/28 | €11,726 | €20,639 | +€8,913 | +76.0% |
| Tangible fixed assets | 22/27 | €11,226 | €20,139 | +€8,913 | +79.4% |
| Plant, machinery and equipment | 23 | €7,302 | €18,177 | +€10,875 | +148.9% |
| Furniture and vehicles | 24 | €3,923 | €1,962 | -€1,962 | -50.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €32,423 | €42,332 | +€9,909 | +30.6% |
| Stocks and contracts in progress | 3 | €12,800 | €7,100 | -€5,700 | -44.5% |
| Stocks | 30/36 | €12,800 | €7,100 | -€5,700 | -44.5% |
| Amounts receivable within one year | 40/41 | €7,596 | €6,166 | -€1,430 | -18.8% |
| Trade receivables | 40 | €7,596 | €6,166 | -€1,430 | -18.8% |
| Cash at bank and in hand | 54/58 | €9,998 | €27,866 | +€17,868 | +178.7% |
| Deferred charges and accrued income | 490/1 | €2,028 | €1,200 | -€828 | -40.8% |
| Total equity and liabilities | 10/49 | €44,148 | €62,971 | +€18,822 | +42.6% |
| Equity | 10/15 | -€22,854 | €1,303 | +€24,157 | |
| Contributions | 10/11 | €62,693 | €62,693 | = | 0.0% |
| Capital | 10 | €62,693 | €62,693 | = | 0.0% |
| Issued capital | 100 | €62,693 | €62,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,547 | -€61,390 | +€24,157 | +28.2% |
| Amounts payable | 17/49 | €67,002 | €61,667 | -€5,334 | -8.0% |
| Amounts payable after more than one year | 17 | €33,839 | €33,839 | = | 0.0% |
| Financial debts | 170/4 | €32,389 | €32,389 | = | 0.0% |
| Other amounts payable | 178/9 | €1,450 | €1,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €33,163 | €27,829 | -€5,334 | -16.1% |
| Trade debts | 44 | €4,210 | €5,590 | +€1,380 | +32.8% |
| Suppliers | 440/4 | €4,210 | €5,590 | +€1,380 | +32.8% |
| Taxes, remuneration and social security | 45 | €2,168 | €6,893 | +€4,725 | +218.0% |
| Taxes | 450/3 | €2,168 | €6,893 | +€4,725 | +218.0% |
| Other amounts payable | 47/48 | €26,786 | €15,346 | -€11,440 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,709 | €4,626 | +€1,917 | +70.8% |
| Other operating charges | 640/8 | €382 | €132 | -€250 | -65.5% |
| Gross operating margin | 9900 | €3,584 | €30,394 | +€26,810 | +747.9% |
| Operating profit (loss) | 9901 | €494 | €25,637 | +€25,143 | +5089.3% |
| Financial charges | 65/66B | €158 | €1,480 | +€1,322 | +837.5% |
| Recurring financial charges | 65 | €158 | €1,480 | +€1,322 | +837.5% |
| Profit (loss) for the period before taxes | 9903 | €336 | €24,157 | +€23,821 | +7086.5% |
| Profit (loss) for the period | 9904 | €336 | €24,157 | +€23,821 | +7086.5% |
| Profit (loss) for the period to be appropriated | 9905 | €336 | €24,157 | +€23,821 | +7086.5% |
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.