IMMONGENA: 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.
IMMONGENA
Largest movements
- Tangible fixed assets -€65,653
down €65,653 (-6.2%), from €1.1m to €987,764
- Current investments +€50,000
new in 2025: €50,000
- Debts after one year -€98,365
down €98,365 (-17.3%), from €569,873 to €471,508
of which Financial debts: -€100,000
- Profit (loss) carried forward +€97,517
up €97,517 (+15.3%), from €638,125 to €735,642
- Gross operating margin -€17,541
down €17,541 (-6.6%), from €267,549 to €250,008
- Financial charges -€13,462
down €13,462 (-34.7%), from €38,842 to €25,380
- Financial income -€7,372
down €7,372 (-37.6%), from €19,620 to €12,248
- Taxes -€3,225
down €3,225 (-9.0%), from €35,731 to €32,506
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 | €1,562,591 | €1,572,702 | +€10,111 | +0.6% |
| Fixed assets | 21/28 | €1,053,929 | €988,276 | -€65,653 | -6.2% |
| Tangible fixed assets | 22/27 | €1,053,417 | €987,764 | -€65,653 | -6.2% |
| Land and buildings | 22 | €1,053,417 | €987,764 | -€65,653 | -6.2% |
| Financial fixed assets | 28 | €512 | €512 | = | 0.0% |
| Current assets | 29/58 | €508,662 | €584,426 | +€75,764 | +14.9% |
| Amounts receivable within one year | 40/41 | €453,806 | €468,479 | +€14,673 | +3.2% |
| Trade receivables | 40 | €17,627 | €88 | -€17,538 | -99.5% |
| Other amounts receivable | 41 | €436,179 | €468,390 | +€32,211 | +7.4% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €54,856 | €63,346 | +€8,491 | +15.5% |
| Deferred charges and accrued income | 490/1 | - | €2,601 | +€2,601 | |
| Total equity and liabilities | 10/49 | €1,562,591 | €1,572,702 | +€10,111 | +0.6% |
| Equity | 10/15 | €706,296 | €803,813 | +€97,517 | +13.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €638,125 | €735,642 | +€97,517 | +15.3% |
| Amounts payable | 17/49 | €856,295 | €768,889 | -€87,406 | -10.2% |
| Amounts payable after more than one year | 17 | €569,873 | €471,508 | -€98,365 | -17.3% |
| Financial debts | 170/4 | €500,000 | €400,000 | -€100,000 | -20.0% |
| Other amounts payable | 178/9 | €69,873 | €71,508 | +€1,635 | +2.3% |
| Amounts payable within one year | 42/48 | €286,422 | €293,157 | +€6,735 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €3,433 | - | -€3,433 | |
| Trade debts | 44 | €1,673 | €3,504 | +€1,831 | +109% |
| Suppliers | 440/4 | €1,673 | €3,504 | +€1,831 | +109% |
| Other amounts payable | 47/48 | €281,316 | €289,652 | +€8,336 | +3.0% |
| Accrued charges and deferred income | 492/3 | - | €4,225 | +€4,225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,654 | €67,759 | +€105 | +0.2% |
| Other operating charges | 640/8 | €37,750 | €39,094 | +€1,344 | +3.6% |
| Gross operating margin | 9900 | €267,549 | €250,008 | -€17,541 | -6.6% |
| Operating profit (loss) | 9901 | €162,145 | €143,155 | -€18,991 | -11.7% |
| Financial income | 75/76B | €19,620 | €12,248 | -€7,372 | -37.6% |
| Recurring financial income | 75 | €19,620 | €12,248 | -€7,372 | -37.6% |
| Financial charges | 65/66B | €38,842 | €25,380 | -€13,462 | -34.7% |
| Recurring financial charges | 65 | €38,842 | €25,380 | -€13,462 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €142,924 | €130,023 | -€12,901 | -9.0% |
| Income taxes | 67/77 | €35,731 | €32,506 | -€3,225 | -9.0% |
| Profit (loss) for the period | 9904 | €107,193 | €97,517 | -€9,676 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,193 | €97,517 | -€9,676 | -9.0% |
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 26 October 2026 via checked.be.