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
- Stocks and contracts -€482,931
down €482,931 (-100%), from €482,931 to €0
- Cash +€125,032
up €125,032 (+226%), from €55,340 to €180,372
mainly Stocks and contracts (+€482,931) and Tax, wage and social debts (+€66,382)
- Receivables within one year -€9,779
down €9,779 (-100%), from €9,779 to €0
of which Other amounts receivable: -€9,779
- Other debts -€272,133
down €272,133 (-87.7%), from €310,287 to €38,154
- Debts after one year -€193,467
down €193,467 (-100%), from €193,467 to €0
- Tax, wage and social debts +€66,382
new in 2025: €66,382
- Profit (loss) carried forward +€52,309
up €52,309, from -€51,224 to €1,085
- Trade debts -€18,336
down €18,336 (-66.1%), from €27,753 to €9,417
- Gross operating margin +€68,847
up €68,847, from -€3,201 to €65,646
- Financial charges +€3,110
up €3,110 (+30.3%), from €10,251 to €13,360
- Financial income -€1,507
down €1,507 (-89.4%), from €1,685 to €178
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 | €548,051 | €180,372 | -€367,678 | -67.1% |
| Current assets | 29/58 | €548,051 | €180,372 | -€367,678 | -67.1% |
| Stocks and contracts in progress | 3 | €482,931 | €0 | -€482,931 | -100% |
| Stocks | 30/36 | €482,931 | €0 | -€482,931 | -100% |
| Amounts receivable within one year | 40/41 | €9,779 | €0 | -€9,779 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,779 | €0 | -€9,779 | -100% |
| Cash at bank and in hand | 54/58 | €55,340 | €180,372 | +€125,032 | +226% |
| Total equity and liabilities | 10/49 | €548,051 | €180,372 | -€367,678 | -67.1% |
| Equity | 10/15 | €8,793 | €61,102 | +€52,309 | +595% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €17 | €17 | = | 0.0% |
| Distributable reserves | 133 | €17 | €17 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,224 | €1,085 | +€52,309 | |
| Amounts payable | 17/49 | €539,257 | €119,271 | -€419,987 | -77.9% |
| Amounts payable after more than one year | 17 | €193,467 | €0 | -€193,467 | -100% |
| Financial debts | 170/4 | €193,467 | €0 | -€193,467 | -100% |
| Amounts payable within one year | 42/48 | €338,040 | €113,953 | -€224,087 | -66.3% |
| Trade debts | 44 | €27,753 | €9,417 | -€18,336 | -66.1% |
| Suppliers | 440/4 | €27,753 | €9,417 | -€18,336 | -66.1% |
| Taxes, remuneration and social security | 45 | - | €66,382 | +€66,382 | |
| Taxes | 450/3 | - | €66,382 | +€66,382 | |
| Other amounts payable | 47/48 | €310,287 | €38,154 | -€272,133 | -87.7% |
| Accrued charges and deferred income | 492/3 | €7,750 | €5,317 | -€2,433 | -31.4% |
| Gross operating margin | 9900 | -€3,201 | €65,646 | +€68,847 | |
| Operating profit (loss) | 9901 | -€3,201 | €65,646 | +€68,847 | |
| Financial income | 75/76B | €1,685 | €178 | -€1,507 | -89.4% |
| Recurring financial income | 75 | €1,685 | €178 | -€1,507 | -89.4% |
| Financial charges | 65/66B | €10,251 | €13,360 | +€3,110 | +30.3% |
| Recurring financial charges | 65 | €10,251 | €13,360 | +€3,110 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,766 | €52,464 | +€64,230 | |
| Income taxes | 67/77 | - | €156 | +€156 | |
| Profit (loss) for the period | 9904 | -€11,766 | €52,309 | +€64,074 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,766 | €52,309 | +€64,074 |
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 16 October 2026 via checked.be.