IMMOLISE: 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.
IMMOLISE
Largest movements
- Receivables within one year -€25,841
down €25,841 (-23.3%), from €111,139 to €85,298
of which Trade receivables: -€13,780
- Deferred charges and accrued income -€2,902
no longer reported in 2025 (was €2,902)
- Tangible fixed assets -€1,390
down €1,390 (-53.2%), from €2,614 to €1,224
of which Plant, machinery and equipment: -€1,923
- Trade debts -€25,961
down €25,961 (-89.4%), from €29,028 to €3,067
- Tax, wage and social debts -€4,241
down €4,241 (-87.3%), from €4,857 to €615
- Gross operating margin -€2,123
down €2,123, from €650 to -€1,474
- Financial income +€814
up €814 (+19.8%), from €4,107 to €4,920
- Other operating charges +€640
new in 2025: €640
- Taxes -€325
down €325 (-57.3%), from €568 to €243
- Financial charges +€191
up €191 (+149%), from €128 to €319
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 | €116,831 | €86,841 | -€29,990 | -25.7% |
| Fixed assets | 21/28 | €2,614 | €1,509 | -€1,105 | -42.3% |
| Tangible fixed assets | 22/27 | €2,614 | €1,224 | -€1,390 | -53.2% |
| Plant, machinery and equipment | 23 | €2,614 | €691 | -€1,923 | -73.6% |
| Furniture and vehicles | 24 | - | €534 | +€534 | |
| Financial fixed assets | 28 | - | €285 | +€285 | |
| Current assets | 29/58 | €114,217 | €85,331 | -€28,886 | -25.3% |
| Amounts receivable within one year | 40/41 | €111,139 | €85,298 | -€25,841 | -23.3% |
| Trade receivables | 40 | €26,927 | €13,147 | -€13,780 | -51.2% |
| Other amounts receivable | 41 | €84,213 | €72,151 | -€12,062 | -14.3% |
| Cash at bank and in hand | 54/58 | €175 | €33 | -€142 | -81.0% |
| Deferred charges and accrued income | 490/1 | €2,902 | - | -€2,902 | |
| Total equity and liabilities | 10/49 | €116,831 | €86,841 | -€29,990 | -25.7% |
| Equity | 10/15 | €82,946 | €83,158 | +€212 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,200 | €24,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,254 | -€3,042 | +€212 | +6.5% |
| Amounts payable | 17/49 | €33,884 | €3,682 | -€30,202 | -89.1% |
| Amounts payable within one year | 42/48 | €33,884 | €3,682 | -€30,202 | -89.1% |
| Trade debts | 44 | €29,028 | €3,067 | -€25,961 | -89.4% |
| Suppliers | 440/4 | €29,028 | €3,067 | -€25,961 | -89.4% |
| Taxes, remuneration and social security | 45 | €4,857 | €615 | -€4,241 | -87.3% |
| Taxes | 450/3 | €4,857 | €615 | -€4,241 | -87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,142 | €2,033 | -€109 | -5.1% |
| Other operating charges | 640/8 | - | €640 | +€640 | |
| Gross operating margin | 9900 | €650 | -€1,474 | -€2,123 | |
| Operating profit (loss) | 9901 | -€1,493 | -€4,147 | -€2,654 | -178% |
| Financial income | 75/76B | €4,107 | €4,920 | +€814 | +19.8% |
| Recurring financial income | 75 | €4,107 | €4,920 | +€814 | +19.8% |
| Financial charges | 65/66B | €128 | €319 | +€191 | +149% |
| Recurring financial charges | 65 | €128 | €319 | +€191 | +149% |
| Profit (loss) for the period before taxes | 9903 | €2,486 | €455 | -€2,031 | -81.7% |
| Income taxes | 67/77 | €568 | €243 | -€325 | -57.3% |
| Profit (loss) for the period | 9904 | €1,918 | €212 | -€1,706 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,918 | €212 | -€1,706 | -88.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.