IMMONEC: 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.
IMMONEC
Largest movements
- Cash -€126,761
down €126,761 (-99.2%), from €127,806 to €1,045
mainly Current investments (-€90,278) and Receivables within one year (-€18,493)
- Current investments +€90,278
up €90,278 (+154%), from €58,744 to €149,023
- Receivables within one year +€18,493
up €18,493 (+5.6%), from €331,427 to €349,921
- Other debts -€14,368
down €14,368 (-92.5%), from €15,536 to €1,168
- Debts after one year -€12,549
down €12,549 (-11.5%), from €108,756 to €96,208
- Trade debts +€6,459
up €6,459 (+1,668%), from €387 to €6,847
- Accrued charges and deferred income +€5,508
up €5,508 (+50.8%), from €10,844 to €16,352
- Financial income -€6,019
down €6,019 (-32.7%), from €18,401 to €12,382
- Financial charges -€2,545
down €2,545 (-30.5%), from €8,341 to €5,795
- Gross operating margin -€2,532
down €2,532 (-50.7%), from -€4,992 to -€7,525
- Taxes +€87
up €87 (+134%), from €65 to €152
- Other operating charges +€83
up €83 (+3.1%), from €2,679 to €2,762
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 | €541,280 | €522,403 | -€18,877 | -3.5% |
| Fixed assets | 21/28 | €23,303 | €22,415 | -€888 | -3.8% |
| Tangible fixed assets | 22/27 | €23,303 | €22,415 | -€888 | -3.8% |
| Land and buildings | 22 | €23,303 | €22,415 | -€888 | -3.8% |
| Current assets | 29/58 | €517,977 | €499,988 | -€17,989 | -3.5% |
| Amounts receivable within one year | 40/41 | €331,427 | €349,921 | +€18,493 | +5.6% |
| Other amounts receivable | 41 | €331,427 | €349,921 | +€18,493 | +5.6% |
| Current investments | 50/53 | €58,744 | €149,023 | +€90,278 | +154% |
| Cash at bank and in hand | 54/58 | €127,806 | €1,045 | -€126,761 | -99.2% |
| Total equity and liabilities | 10/49 | €541,280 | €522,403 | -€18,877 | -3.5% |
| Equity | 10/15 | €389,189 | €384,450 | -€4,739 | -1.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Contributions outside capital | 11 | €123,947 | €123,947 | = | 0.0% |
| Other | 1109/19 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €276,666 | €276,666 | = | 0.0% |
| Distributable reserves | 133 | €276,666 | €276,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,424 | -€16,163 | -€4,739 | -41.5% |
| Amounts payable | 17/49 | €152,091 | €137,953 | -€14,138 | -9.3% |
| Amounts payable after more than one year | 17 | €108,756 | €96,208 | -€12,549 | -11.5% |
| Financial debts | 170/4 | €108,756 | €96,208 | -€12,549 | -11.5% |
| Amounts payable within one year | 42/48 | €32,491 | €25,393 | -€7,097 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €11,090 | €12,357 | +€1,267 | +11.4% |
| Trade debts | 44 | €387 | €6,847 | +€6,459 | +1,668% |
| Suppliers | 440/4 | €387 | €6,847 | +€6,459 | +1,668% |
| Taxes, remuneration and social security | 45 | €5,478 | €5,022 | -€456 | -8.3% |
| Taxes | 450/3 | €5,478 | €5,022 | -€456 | -8.3% |
| Other amounts payable | 47/48 | €15,536 | €1,168 | -€14,368 | -92.5% |
| Accrued charges and deferred income | 492/3 | €10,844 | €16,352 | +€5,508 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €888 | €888 | = | 0.0% |
| Other operating charges | 640/8 | €2,679 | €2,762 | +€83 | +3.1% |
| Gross operating margin | 9900 | -€4,992 | -€7,525 | -€2,532 | -50.7% |
| Operating profit (loss) | 9901 | -€8,560 | -€11,174 | -€2,615 | -30.5% |
| Financial income | 75/76B | €18,401 | €12,382 | -€6,019 | -32.7% |
| Recurring financial income | 75 | €18,401 | €12,382 | -€6,019 | -32.7% |
| Financial charges | 65/66B | €8,341 | €5,795 | -€2,545 | -30.5% |
| Recurring financial charges | 65 | €8,341 | €5,795 | -€2,545 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €1,501 | -€4,588 | -€6,088 | |
| Income taxes | 67/77 | €65 | €152 | +€87 | +134% |
| Profit (loss) for the period | 9904 | €1,436 | -€4,739 | -€6,175 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,436 | -€4,739 | -€6,175 |
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 13 October 2026 via checked.be.