IMMOLAT: 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.
IMMOLAT
Largest movements
- Cash +€416,552
up €416,552 (+99.8%), from €417,330 to €833,882
mainly Depreciation (+€161,672) and Net result for the year (+€134,360)
- Tangible fixed assets -€161,672
down €161,672 (-9.7%), from €1.7m to €1.5m
- Receivables within one year -€114,257
down €114,257 (-4.7%), from €2.4m to €2.3m
of which Other amounts receivable: -€117,260
- Profit (loss) carried forward +€127,642
up €127,642 (+23.7%), from €539,139 to €666,781
No income-statement line moved by more than 1% of the activity.
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 | €4,518,321 | €4,658,945 | +€140,623 | +3.1% |
| Fixed assets | 21/28 | €1,664,516 | €1,502,845 | -€161,672 | -9.7% |
| Tangible fixed assets | 22/27 | €1,664,516 | €1,502,845 | -€161,672 | -9.7% |
| Land and buildings | 22 | €1,664,516 | €1,502,845 | -€161,672 | -9.7% |
| Current assets | 29/58 | €2,853,805 | €3,156,100 | +€302,295 | +10.6% |
| Amounts receivable within one year | 40/41 | €2,436,475 | €2,322,218 | -€114,257 | -4.7% |
| Trade receivables | 40 | €28,125 | €31,127 | +€3,002 | +10.7% |
| Other amounts receivable | 41 | €2,408,350 | €2,291,090 | -€117,260 | -4.9% |
| Cash at bank and in hand | 54/58 | €417,330 | €833,882 | +€416,552 | +99.8% |
| Total equity and liabilities | 10/49 | €4,518,321 | €4,658,945 | +€140,623 | +3.1% |
| Equity | 10/15 | €4,518,271 | €4,652,631 | +€134,360 | +3.0% |
| Contributions | 10/11 | €3,800,000 | €3,800,000 | = | 0.0% |
| Capital | 10 | €3,800,000 | €3,800,000 | = | 0.0% |
| Issued capital | 100 | €3,800,000 | €3,800,000 | = | 0.0% |
| Reserves | 13 | €171,118 | €177,836 | +€6,718 | +3.9% |
| Non-distributable reserves | 130/1 | €136,118 | €142,836 | +€6,718 | +4.9% |
| Legal reserve | 130 | €136,118 | €142,836 | +€6,718 | +4.9% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €539,139 | €666,781 | +€127,642 | +23.7% |
| Investment grants | 15 | €8,014 | €8,014 | = | 0.0% |
| Amounts payable | 17/49 | €50 | €6,313 | +€6,263 | +12,464% |
| Amounts payable within one year | 42/48 | €50 | €6,313 | +€6,263 | +12,464% |
| Trade debts | 44 | €50 | €6,313 | +€6,263 | +12,464% |
| Suppliers | 440/4 | €50 | €6,313 | +€6,263 | +12,464% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,672 | €161,672 | = | 0.0% |
| Other operating charges | 640/8 | €62,855 | €60,276 | -€2,579 | -4.1% |
| Gross operating margin | 9900 | €334,608 | €332,102 | -€2,506 | -0.7% |
| Operating profit (loss) | 9901 | €110,082 | €110,154 | +€73 | +0.1% |
| Financial income | 75/76B | €69,388 | €69,198 | -€190 | -0.3% |
| Recurring financial income | 75 | €69,388 | €69,198 | -€190 | -0.3% |
| Financial charges | 65/66B | €395 | €205 | -€189 | -48.0% |
| Recurring financial charges | 65 | €395 | €205 | -€189 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €179,074 | €179,147 | +€73 | 0.0% |
| Income taxes | 67/77 | €44,769 | €44,787 | +€18 | 0.0% |
| Profit (loss) for the period | 9904 | €134,306 | €134,360 | +€54 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €134,306 | €134,360 | +€54 | 0.0% |
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 14 October 2026 via checked.be.