IMMOLA: 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.
IMMOLA
Largest movements
- Cash -€69,550
down €69,550 (-59.1%), from €117,700 to €48,150
mainly Other debts (-€150,000)
- Tangible fixed assets -€54,305
down €54,305 (-6.1%), from €885,476 to €831,172
of which Land and buildings: -€52,874
- Other debts -€150,000
down €150,000 (-15.0%), from €999,978 to €849,978
- Profit (loss) carried forward +€24,085
up €24,085 (+33.8%), from -€71,296 to -€47,211
- Gross operating margin +€6,899
up €6,899 (+8.2%), from €84,118 to €91,017
- Depreciation -€2,180
down €2,180 (-3.9%), from €56,485 to €54,305
- Other operating charges +€1,144
up €1,144 (+10.1%), from €11,328 to €12,472
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 | €1,007,102 | €881,218 | -€125,884 | -12.5% |
| Fixed assets | 21/28 | €885,608 | €831,303 | -€54,305 | -6.1% |
| Tangible fixed assets | 22/27 | €885,476 | €831,172 | -€54,305 | -6.1% |
| Land and buildings | 22 | €878,011 | €825,137 | -€52,874 | -6.0% |
| Plant, machinery and equipment | 23 | €7,465 | €6,034 | -€1,431 | -19.2% |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €121,494 | €49,915 | -€71,579 | -58.9% |
| Amounts receivable within one year | 40/41 | €2,088 | €34 | -€2,054 | -98.4% |
| Trade receivables | 40 | €2,088 | €34 | -€2,054 | -98.4% |
| Cash at bank and in hand | 54/58 | €117,700 | €48,150 | -€69,550 | -59.1% |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,731 | +€24 | +1.4% |
| Total equity and liabilities | 10/49 | €1,007,102 | €881,218 | -€125,884 | -12.5% |
| Equity | 10/15 | €3,704 | €27,789 | +€24,085 | +650% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,296 | -€47,211 | +€24,085 | +33.8% |
| Amounts payable | 17/49 | €1,003,398 | €853,429 | -€149,969 | -14.9% |
| Amounts payable within one year | 42/48 | €1,002,078 | €852,078 | -€150,000 | -15.0% |
| Trade debts | 44 | €2,100 | €2,100 | = | 0.0% |
| Suppliers | 440/4 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €999,978 | €849,978 | -€150,000 | -15.0% |
| Accrued charges and deferred income | 492/3 | €1,320 | €1,351 | +€31 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,485 | €54,305 | -€2,180 | -3.9% |
| Other operating charges | 640/8 | €11,328 | €12,472 | +€1,144 | +10.1% |
| Gross operating margin | 9900 | €84,118 | €91,017 | +€6,899 | +8.2% |
| Operating profit (loss) | 9901 | €16,305 | €24,240 | +€7,935 | +48.7% |
| Financial charges | 65/66B | €38 | €155 | +€117 | +305% |
| Recurring financial charges | 65 | €38 | €155 | +€117 | +305% |
| Profit (loss) for the period before taxes | 9903 | €16,267 | €24,085 | +€7,818 | +48.1% |
| Profit (loss) for the period | 9904 | €16,267 | €24,085 | +€7,818 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,267 | €24,085 | +€7,818 | +48.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.