IMMONOA: 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.
IMMONOA
Largest movements
- Tangible fixed assets -€14,863
down €14,863 (-7.5%), from €197,006 to €182,144
- Receivables within one year -€2,749
down €2,749 (-91.6%), from €3,000 to €251
of which Other amounts receivable: -€3,000
- Cash +€2,527
up €2,527 (+13.0%), from €19,444 to €21,972
mainly Depreciation (+€14,863) and Receivables within one year (+€2,749)
- Deferred charges and accrued income +€2,455
new in 2025: €2,455
- Current portion of long-term debt -€9,371
down €9,371 (-83.2%), from €11,263 to €1,891
- Depreciation -€1,500
down €1,500 (-9.2%), from €16,363 to €14,863
- Gross operating margin -€1,012
down €1,012 (-6.1%), from €16,449 to €15,437
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 | €219,451 | €206,821 | -€12,629 | -5.8% |
| Fixed assets | 21/28 | €197,006 | €182,144 | -€14,863 | -7.5% |
| Tangible fixed assets | 22/27 | €197,006 | €182,144 | -€14,863 | -7.5% |
| Land and buildings | 22 | €197,006 | €182,144 | -€14,863 | -7.5% |
| Current assets | 29/58 | €22,444 | €24,678 | +€2,233 | +10.0% |
| Amounts receivable within one year | 40/41 | €3,000 | €251 | -€2,749 | -91.6% |
| Trade receivables | 40 | - | €251 | +€251 | |
| Other amounts receivable | 41 | €3,000 | €0 | -€3,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €19,444 | €21,972 | +€2,527 | +13.0% |
| Deferred charges and accrued income | 490/1 | - | €2,455 | +€2,455 | |
| Total equity and liabilities | 10/49 | €219,451 | €206,821 | -€12,629 | -5.8% |
| Equity | 10/15 | €143,527 | €142,716 | -€810 | -0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €131,311 | €130,316 | -€994 | -0.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €13,813 | €12,662 | -€1,151 | -8.3% |
| Distributable reserves | 133 | €117,498 | €117,655 | +€157 | +0.1% |
| Profit (loss) carried forward | 14 | -€184 | €0 | +€184 | |
| Provisions and deferred taxes | 16 | €7,112 | €6,520 | -€593 | -8.3% |
| Deferred taxes | 168 | €7,112 | €6,520 | -€593 | -8.3% |
| Amounts payable | 17/49 | €68,812 | €57,585 | -€11,226 | -16.3% |
| Amounts payable after more than one year | 17 | €1,891 | €0 | -€1,891 | -100.0% |
| Financial debts | 170/4 | €1,891 | €0 | -€1,891 | -100.0% |
| Amounts payable within one year | 42/48 | €66,920 | €57,585 | -€9,335 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €11,263 | €1,891 | -€9,371 | -83.2% |
| Trade debts | 44 | €21 | €0 | -€21 | -100.0% |
| Suppliers | 440/4 | €21 | €0 | -€21 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €57 | +€57 | |
| Taxes | 450/3 | €0 | €57 | +€57 | |
| Other amounts payable | 47/48 | €55,637 | €55,637 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,363 | €14,863 | -€1,500 | -9.2% |
| Other operating charges | 640/8 | €1,604 | €1,652 | +€48 | +3.0% |
| Gross operating margin | 9900 | €16,449 | €15,437 | -€1,012 | -6.1% |
| Operating profit (loss) | 9901 | -€1,518 | -€1,078 | +€440 | +29.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €410 | €268 | -€142 | -34.6% |
| Recurring financial charges | 65 | €410 | €268 | -€142 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,928 | -€1,346 | +€582 | +30.2% |
| Transfer from deferred taxes | 780 | €593 | €593 | = | 0.0% |
| Income taxes | 67/77 | €0 | €57 | +€57 | |
| Profit (loss) for the period | 9904 | -€1,335 | -€810 | +€525 | +39.3% |
| Transfer from tax-exempt reserves | 789 | €1,151 | €1,151 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€184 | €341 | +€525 |
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 30 September 2026 via checked.be.