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
- Tangible fixed assets -€11,899
down €11,899 (-8.7%), from €136,130 to €124,231
of which Land and buildings: -€11,541
- Receivables within one year +€6,137
up €6,137 (+10.9%), from €56,241 to €62,378
of which Other amounts receivable: +€6,137
- Profit (loss) carried forward -€16,861
down €16,861 (-57.2%), from -€29,503 to -€46,365
- Trade debts +€11,105
up €11,105 (+67.5%), from €16,452 to €27,557
- Financial charges -€8,718
down €8,718 (-74.2%), from €11,757 to €3,038
- Gross operating margin -€5,162
down €5,162 (-78.5%), from €6,575 to €1,413
- Other operating charges +€149
up €149 (+2.3%), from €6,435 to €6,584
From the 2025 result to the 2026 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
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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,762 | €188,000 | -€5,762 | -3.0% |
| Fixed assets | 21/28 | €137,521 | €125,622 | -€11,899 | -8.7% |
| Tangible fixed assets | 22/27 | €136,130 | €124,231 | -€11,899 | -8.7% |
| Land and buildings | 22 | €135,325 | €123,784 | -€11,541 | -8.5% |
| Plant, machinery and equipment | 23 | €805 | €447 | -€358 | -44.4% |
| Financial fixed assets | 28 | €1,391 | €1,391 | = | 0.0% |
| Current assets | 29/58 | €56,241 | €62,378 | +€6,137 | +10.9% |
| Amounts receivable within one year | 40/41 | €56,241 | €62,378 | +€6,137 | +10.9% |
| Trade receivables | 40 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 41 | €55,241 | €61,378 | +€6,137 | +11.1% |
| Total equity and liabilities | 10/49 | €193,762 | €188,000 | -€5,762 | -3.0% |
| Equity | 10/15 | €156,741 | €139,879 | -€16,861 | -10.8% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €25,113 | €25,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,113 | €16,113 | = | 0.0% |
| Legal reserve | 130 | €16,113 | €16,113 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,503 | -€46,365 | -€16,861 | -57.2% |
| Amounts payable | 17/49 | €37,021 | €48,120 | +€11,099 | +30.0% |
| Amounts payable within one year | 42/48 | €37,021 | €48,120 | +€11,099 | +30.0% |
| Financial debts | 43 | €19,984 | €19,978 | -€6 | 0.0% |
| Credit institutions | 430/8 | €19,984 | €19,978 | -€6 | 0.0% |
| Trade debts | 44 | €16,452 | €27,557 | +€11,105 | +67.5% |
| Suppliers | 440/4 | €16,452 | €27,557 | +€11,105 | +67.5% |
| Taxes, remuneration and social security | 45 | €111 | €111 | = | 0.0% |
| Taxes | 450/3 | €111 | €111 | = | 0.0% |
| Other amounts payable | 47/48 | €474 | €474 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,899 | €11,899 | = | 0.0% |
| Other operating charges | 640/8 | €6,435 | €6,584 | +€149 | +2.3% |
| Gross operating margin | 9900 | €6,575 | €1,413 | -€5,162 | -78.5% |
| Operating profit (loss) | 9901 | -€11,759 | -€17,070 | -€5,311 | -45.2% |
| Financial income | 75/76B | €3,257 | €3,247 | -€10 | -0.3% |
| Recurring financial income | 75 | €3,257 | €3,247 | -€10 | -0.3% |
| Financial charges | 65/66B | €11,757 | €3,038 | -€8,718 | -74.2% |
| Recurring financial charges | 65 | €11,757 | €3,038 | -€8,718 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,259 | -€16,861 | +€3,397 | +16.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,259 | -€16,861 | +€3,397 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,259 | -€16,861 | +€3,397 | +16.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.