IMMOLOGIC: what changed
Two fiscal 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.
IMMOLOGIC
Largest movements
- Tangible fixed assets -€116,639
down €116,639 (-3.2%), from €3.7m to €3.5m
of which Land and buildings: -€95,920
- Debts after one year -€342,440
down €342,440 (-13.2%), from €2.6m to €2.3m
- Trade debts +€124,345
up €124,345 (+1079.5%), from €11,518 to €135,864
- Reserves +€109,500
up €109,500 (+28.4%), from €385,379 to €494,879
- Current portion of long-term debt -€66,426
down €66,426 (-16.2%), from €408,866 to €342,440
- Tax, wage and social debts +€39,095
up €39,095 (+103.3%), from €37,853 to €76,948
- Gross operating margin +€15,834
up €15,834 (+4.4%), from €363,031 to €378,864
- Taxes +€7,172
up €7,172 (+21.9%), from €32,689 to €39,861
- Other operating charges -€6,924
down €6,924 (-13.8%), from €50,344 to €43,420
- Financial charges -€5,392
down €5,392 (-7.2%), from €74,837 to €69,444
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.
Cash bridge derived
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 | €3,747,865 | €3,612,753 | -€135,112 | -3.6% |
| Fixed assets | 21/28 | €3,661,275 | €3,544,636 | -€116,639 | -3.2% |
| Tangible fixed assets | 22/27 | €3,661,275 | €3,544,636 | -€116,639 | -3.2% |
| Land and buildings | 22 | €3,639,558 | €3,543,639 | -€95,920 | -2.6% |
| Plant, machinery and equipment | 23 | €21,717 | €997 | -€20,720 | -95.4% |
| Current assets | 29/58 | €86,589 | €68,117 | -€18,473 | -21.3% |
| Amounts receivable within one year | 40/41 | €60,802 | €53,490 | -€7,312 | -12.0% |
| Trade receivables | 40 | €60,802 | €53,490 | -€7,312 | -12.0% |
| Cash at bank and in hand | 54/58 | €16,038 | €4,934 | -€11,104 | -69.2% |
| Deferred charges and accrued income | 490/1 | €9,749 | €9,693 | -€56 | -0.6% |
| Total equity and liabilities | 10/49 | €3,747,865 | €3,612,753 | -€135,112 | -3.6% |
| Equity | 10/15 | €391,579 | €501,079 | +€109,500 | +28.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €385,379 | €494,879 | +€109,500 | +28.4% |
| Distributable reserves | 133 | €385,379 | €494,879 | +€109,500 | +28.4% |
| Amounts payable | 17/49 | €3,356,286 | €3,111,674 | -€244,612 | -7.3% |
| Amounts payable after more than one year | 17 | €2,600,490 | €2,258,050 | -€342,440 | -13.2% |
| Financial debts | 170/4 | €2,600,490 | €2,258,050 | -€342,440 | -13.2% |
| Amounts payable within one year | 42/48 | €754,355 | €852,370 | +€98,015 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €408,866 | €342,440 | -€66,426 | -16.2% |
| Trade debts | 44 | €11,518 | €135,864 | +€124,345 | +1079.5% |
| Suppliers | 440/4 | €11,518 | €135,864 | +€124,345 | +1079.5% |
| Taxes, remuneration and social security | 45 | €37,853 | €76,948 | +€39,095 | +103.3% |
| Taxes | 450/3 | €37,853 | €76,948 | +€39,095 | +103.3% |
| Other amounts payable | 47/48 | €296,118 | €297,118 | +€1,000 | +0.3% |
| Accrued charges and deferred income | 492/3 | €1,441 | €1,254 | -€187 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,890 | €116,639 | -€1,251 | -1.1% |
| Other operating charges | 640/8 | €50,344 | €43,420 | -€6,924 | -13.8% |
| Gross operating margin | 9900 | €363,031 | €378,864 | +€15,834 | +4.4% |
| Operating profit (loss) | 9901 | €194,796 | €218,805 | +€24,009 | +12.3% |
| Financial charges | 65/66B | €74,837 | €69,444 | -€5,392 | -7.2% |
| Recurring financial charges | 65 | €74,837 | €69,444 | -€5,392 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €119,959 | €149,361 | +€29,401 | +24.5% |
| Income taxes | 67/77 | €32,689 | €39,861 | +€7,172 | +21.9% |
| Profit (loss) for the period | 9904 | €87,270 | €109,500 | +€22,230 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,270 | €109,500 | +€22,230 | +25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.