IMMOLY: 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.
IMMOLY
Largest movements
- Tangible fixed assets -€34,964
down €34,964 (-10.1%), from €344,754 to €309,790
- Receivables within one year -€27,111
down €27,111 (-6.7%), from €404,304 to €377,193
- Tax, wage and social debts -€22,317
down €22,317 (-85.2%), from €26,203 to €3,886
- Accrued charges and deferred income +€21,834
new in 2025: €21,834
- Reserves -€19,671
down €19,671 (-12.0%), from €163,516 to €143,845
of which Tax-exempt reserves: -€19,671
- Current portion of long-term debt -€17,165
no longer reported in 2025 (was €17,165)
- Other debts -€14,111
down €14,111 (-4.8%), from €295,753 to €281,642
- Taxes -€65,728
no longer reported in 2025 (was €65,728)
- Financial charges +€15,944
up €15,944 (+229.3%), from €6,954 to €22,897
- Gross operating margin -€14,239
down €14,239 (-46.2%), from €30,804 to €16,565
- Financial income +€2,190
up €2,190 (+28.1%), from €7,785 to €9,974
- Depreciation -€613
down €613 (-1.7%), from €35,577 to €34,964
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 | €751,553 | €686,986 | -€64,567 | -8.6% |
| Fixed assets | 21/28 | €344,754 | €309,790 | -€34,964 | -10.1% |
| Tangible fixed assets | 22/27 | €344,754 | €309,790 | -€34,964 | -10.1% |
| Land and buildings | 22 | €344,754 | €309,790 | -€34,964 | -10.1% |
| Current assets | 29/58 | €406,800 | €377,197 | -€29,603 | -7.3% |
| Amounts receivable within one year | 40/41 | €404,304 | €377,193 | -€27,111 | -6.7% |
| Other amounts receivable | 41 | €404,304 | €377,193 | -€27,111 | -6.7% |
| Cash at bank and in hand | 54/58 | €2,496 | €4 | -€2,492 | -99.8% |
| Total equity and liabilities | 10/49 | €751,553 | €686,986 | -€64,567 | -8.6% |
| Equity | 10/15 | €412,433 | €379,213 | -€33,220 | -8.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €163,516 | €143,845 | -€19,671 | -12.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €157,366 | €137,695 | -€19,671 | -12.5% |
| Profit (loss) carried forward | 14 | €187,418 | €173,868 | -€13,550 | -7.2% |
| Amounts payable | 17/49 | €339,120 | €307,773 | -€31,347 | -9.2% |
| Amounts payable within one year | 42/48 | €339,120 | €285,939 | -€53,181 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €17,165 | - | -€17,165 | |
| Trade debts | 44 | - | €412 | +€412 | |
| Suppliers | 440/4 | - | €412 | +€412 | |
| Taxes, remuneration and social security | 45 | €26,203 | €3,886 | -€22,317 | -85.2% |
| Taxes | 450/3 | €26,203 | €3,886 | -€22,317 | -85.2% |
| Other amounts payable | 47/48 | €295,753 | €281,642 | -€14,111 | -4.8% |
| Accrued charges and deferred income | 492/3 | - | €21,834 | +€21,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,577 | €34,964 | -€613 | -1.7% |
| Other operating charges | 640/8 | €1,530 | €1,898 | +€368 | +24.1% |
| Gross operating margin | 9900 | €30,804 | €16,565 | -€14,239 | -46.2% |
| Operating profit (loss) | 9901 | -€6,303 | -€20,297 | -€13,994 | -222.0% |
| Financial income | 75/76B | €7,785 | €9,974 | +€2,190 | +28.1% |
| Recurring financial income | 75 | €7,785 | €9,974 | +€2,190 | +28.1% |
| Financial charges | 65/66B | €6,954 | €22,897 | +€15,944 | +229.3% |
| Recurring financial charges | 65 | €6,954 | €22,897 | +€15,944 | +229.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,472 | -€33,220 | -€27,748 | -507.1% |
| Income taxes | 67/77 | €65,728 | - | -€65,728 | |
| Profit (loss) for the period | 9904 | -€71,200 | -€33,220 | +€37,980 | +53.3% |
| Transfer from tax-exempt reserves | 789 | €184,148 | €19,671 | -€164,478 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,948 | -€13,550 | -€126,497 |
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 7 October 2026 via checked.be.