IMMOKEN: 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.
IMMOKEN
Largest movements
- Cash -€93,571
down €93,571 (-23.7%), from €395,027 to €301,456
mainly Net result for the year (-€63,772) and Debts after one year (-€44,516)
- Tangible fixed assets -€13,434
down €13,434 (-5.9%), from €229,184 to €215,750
of which Land and buildings: -€10,920
- Profit (loss) carried forward -€63,772
down €63,772 (-58.9%), from €108,190 to €44,418
- Debts after one year -€44,516
down €44,516 (-22.8%), from €195,628 to €151,112
- Gross operating margin -€29,919
down €29,919, from €7,942 to -€21,977
- Turnover -€20,000
down €20,000 (-93.5%), from €21,400 to €1,400
- Purchases and services +€9,919
up €9,919 (+73.7%), from €13,458 to €23,377
- Depreciation -€3,447
down €3,447 (-20.4%), from €16,881 to €13,434
- Financial charges -€2,413
down €2,413 (-13.3%), from €18,106 to €15,693
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 | €659,797 | €554,237 | -€105,560 | -16.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €229,184 | €215,750 | -€13,434 | -5.9% |
| Tangible fixed assets | 22/27 | €229,184 | €215,750 | -€13,434 | -5.9% |
| Land and buildings | 22 | €225,660 | €214,740 | -€10,920 | -4.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €3,524 | €1,010 | -€2,514 | -71.3% |
| Current assets | 29/58 | €430,613 | €338,487 | -€92,126 | -21.4% |
| Amounts receivable within one year | 40/41 | €33,227 | €34,627 | +€1,400 | +4.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €33,227 | €34,627 | +€1,400 | +4.2% |
| Cash at bank and in hand | 54/58 | €395,027 | €301,456 | -€93,571 | -23.7% |
| Deferred charges and accrued income | 490/1 | €2,359 | €2,404 | +€45 | +1.9% |
| Total equity and liabilities | 10/49 | €659,797 | €554,237 | -€105,560 | -16.0% |
| Equity | 10/15 | €421,940 | €358,167 | -€63,772 | -15.1% |
| Contributions | 10/11 | €313,750 | €313,750 | = | 0.0% |
| Capital | 10 | €312,346 | €312,346 | = | 0.0% |
| Issued capital | 100 | €312,346 | €312,346 | = | 0.0% |
| Outside capital | 11 | €1,404 | €1,404 | = | 0.0% |
| Share premium | 1100/10 | €1,404 | €1,404 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,190 | €44,418 | -€63,772 | -58.9% |
| Amounts payable | 17/49 | €237,857 | €196,070 | -€41,787 | -17.6% |
| Amounts payable after more than one year | 17 | €195,628 | €151,112 | -€44,516 | -22.8% |
| Financial debts | 170/4 | €195,628 | €151,112 | -€44,516 | -22.8% |
| Amounts payable within one year | 42/48 | €42,230 | €44,958 | +€2,729 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €41,875 | €44,516 | +€2,641 | +6.3% |
| Trade debts | 44 | €354 | €442 | +€88 | +24.8% |
| Suppliers | 440/4 | €354 | €442 | +€88 | +24.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €21,400 | €1,400 | -€20,000 | -93.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,458 | €23,377 | +€9,919 | +73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,881 | €13,434 | -€3,447 | -20.4% |
| Other operating charges | 640/8 | €13,235 | €13,651 | +€416 | +3.1% |
| Gross operating margin | 9900 | €7,942 | -€21,977 | -€29,919 | |
| Operating profit (loss) | 9901 | -€22,173 | -€49,062 | -€26,888 | -121.3% |
| Financial income | 75/76B | €576 | €983 | +€407 | +70.8% |
| Recurring financial income | 75 | €576 | €983 | +€407 | +70.8% |
| Financial charges | 65/66B | €18,106 | €15,693 | -€2,413 | -13.3% |
| Recurring financial charges | 65 | €18,106 | €15,693 | -€2,413 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | -€39,704 | -€63,772 | -€24,069 | -60.6% |
| Income taxes | 67/77 | €1,047 | - | -€1,047 | |
| Profit (loss) for the period | 9904 | -€40,751 | -€63,772 | -€23,021 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,751 | -€63,772 | -€23,021 | -56.5% |
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 1 October 2026 via checked.be.