IMMOLA: 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.
IMMOLA
Largest movements
- Tangible fixed assets -€26,366
down €26,366 (-2.1%), from €1.2m to €1.2m
- Accrued charges and deferred income -€152,850
no longer reported in 2025 (was €152,850)
- Other debts +€104,855
up €104,855 (+177.4%), from €59,110 to €163,965
- Debts after one year +€50,269
up €50,269 (+12.8%), from €391,469 to €441,738
- Current portion of long-term debt +€43,320
up €43,320 (+259.7%), from €16,680 to €60,000
- Short-term financial debts -€38,637
down €38,637 (-97.1%), from €39,800 to €1,163
- Gross operating margin -€2,315
down €2,315 (-10.2%), from €22,615 to €20,300
- Other operating charges +€1,881
up €1,881 (+26.8%), from €7,024 to €8,905
- Financial income +€1,210
new in 2025: €1,210
of which Financial income: +€1,210
- Financial charges -€667
down €667 (-4.0%), from €16,711 to €16,044
- Depreciation +€387
up €387 (+1.0%), from €37,453 to €37,840
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,244,608 | €1,218,242 | -€26,366 | -2.1% |
| Fixed assets | 21/28 | €1,244,608 | €1,218,242 | -€26,366 | -2.1% |
| Tangible fixed assets | 22/27 | €1,244,608 | €1,218,242 | -€26,366 | -2.1% |
| Land and buildings | 22 | €1,244,608 | €1,218,242 | -€26,366 | -2.1% |
| Total equity and liabilities | 10/49 | €1,244,608 | €1,218,242 | -€26,366 | -2.1% |
| Equity | 10/15 | €460,846 | €426,277 | -€34,569 | -7.5% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €100 | €100 | = | 0.0% |
| Share premium | 1100/10 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €398,746 | €364,177 | -€34,569 | -8.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €364,522 | €344,392 | -€20,130 | -5.5% |
| Distributable reserves | 133 | €28,024 | €13,585 | -€14,439 | -51.5% |
| Provisions and deferred taxes | 16 | €121,507 | €114,797 | -€6,710 | -5.5% |
| Deferred taxes | 168 | €121,507 | €114,797 | -€6,710 | -5.5% |
| Amounts payable | 17/49 | €662,255 | €677,168 | +€14,913 | +2.3% |
| Amounts payable after more than one year | 17 | €391,469 | €441,738 | +€50,269 | +12.8% |
| Financial debts | 170/4 | €391,469 | €441,738 | +€50,269 | +12.8% |
| Amounts payable within one year | 42/48 | €117,936 | €235,430 | +€117,494 | +99.6% |
| Current portion of amounts payable after more than one year | 42 | €16,680 | €60,000 | +€43,320 | +259.7% |
| Financial debts | 43 | €39,800 | €1,163 | -€38,637 | -97.1% |
| Credit institutions | 430/8 | €39,800 | €1,163 | -€38,637 | -97.1% |
| Trade debts | 44 | €2,346 | €10,302 | +€7,956 | +339.1% |
| Suppliers | 440/4 | €2,346 | €10,302 | +€7,956 | +339.1% |
| Other amounts payable | 47/48 | €59,110 | €163,965 | +€104,855 | +177.4% |
| Accrued charges and deferred income | 492/3 | €152,850 | - | -€152,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,453 | €37,840 | +€387 | +1.0% |
| Other operating charges | 640/8 | €7,024 | €8,905 | +€1,881 | +26.8% |
| Gross operating margin | 9900 | €22,615 | €20,300 | -€2,315 | -10.2% |
| Operating profit (loss) | 9901 | -€21,862 | -€26,445 | -€4,583 | -21.0% |
| Financial income | 75/76B | - | €1,210 | +€1,210 | |
| Recurring financial income | 75 | - | €1,210 | +€1,210 | |
| Non-recurring financial income | 76B | - | €1,210 | +€1,210 | |
| Financial charges | 65/66B | €16,711 | €16,044 | -€667 | -4.0% |
| Recurring financial charges | 65 | €16,711 | €16,044 | -€667 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,573 | -€41,279 | -€2,706 | -7.0% |
| Transfer from deferred taxes | 780 | €6,710 | €6,710 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€31,863 | -€34,569 | -€2,706 | -8.5% |
| Transfer from tax-exempt reserves | 789 | €20,130 | €20,130 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,733 | -€14,439 | -€2,706 | -23.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.