IMMONOP: 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.
IMMONOP
Largest movements
- Current investments +€106,508
up €106,508 (+20.0%), from €533,148 to €639,656
- Cash -€74,645
down €74,645 (-39.3%), from €189,909 to €115,264
mainly Current investments (-€106,508) and Investment in fixed assets (net) (-€5,687)
- Tangible fixed assets -€33,866
down €33,866 (-6.3%), from €540,343 to €506,477
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€20,015
down €20,015 (-29.0%), from €69,063 to €49,048
- Financial income -€17,435
down €17,435 (-71.9%), from €24,236 to €6,800
- Taxes -€12,158
down €12,158 (-67.2%), from €18,092 to €5,934
- Other operating charges +€6,163
up €6,163 (+73.3%), from €8,403 to €14,566
- Financial charges +€1,265
up €1,265 (+34.5%), from €3,670 to €4,935
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 | €1,284,935 | €1,275,515 | -€9,420 | -0.7% |
| Fixed assets | 21/28 | €540,343 | €506,477 | -€33,866 | -6.3% |
| Tangible fixed assets | 22/27 | €540,343 | €506,477 | -€33,866 | -6.3% |
| Land and buildings | 22 | €540,343 | €506,477 | -€33,866 | -6.3% |
| Current assets | 29/58 | €744,592 | €769,038 | +€24,446 | +3.3% |
| Amounts receivable within one year | 40/41 | €18,681 | €12,707 | -€5,974 | -32.0% |
| Trade receivables | 40 | €16,122 | €9,332 | -€6,790 | -42.1% |
| Other amounts receivable | 41 | €2,559 | €3,375 | +€816 | +31.9% |
| Current investments | 50/53 | €533,148 | €639,656 | +€106,508 | +20.0% |
| Cash at bank and in hand | 54/58 | €189,909 | €115,264 | -€74,645 | -39.3% |
| Deferred charges and accrued income | 490/1 | €2,854 | €1,411 | -€1,443 | -50.6% |
| Total equity and liabilities | 10/49 | €1,284,935 | €1,275,515 | -€9,420 | -0.7% |
| Equity | 10/15 | €1,194,589 | €1,190,465 | -€4,124 | -0.3% |
| Contributions | 10/11 | €520,576 | €520,576 | = | 0.0% |
| Reserves | 13 | €673,567 | €669,443 | -€4,124 | -0.6% |
| Tax-exempt reserves | 132 | €237,544 | €222,494 | -€15,050 | -6.3% |
| Distributable reserves | 133 | €436,023 | €446,949 | +€10,926 | +2.5% |
| Profit (loss) carried forward | 14 | €445 | €445 | = | 0.0% |
| Provisions and deferred taxes | 16 | €80,147 | €75,130 | -€5,017 | -6.3% |
| Deferred taxes | 168 | €80,147 | €75,130 | -€5,017 | -6.3% |
| Amounts payable | 17/49 | €10,199 | €9,919 | -€280 | -2.7% |
| Amounts payable within one year | 42/48 | €7,842 | €8,767 | +€925 | +11.8% |
| Trade debts | 44 | €560 | €264 | -€296 | -52.8% |
| Suppliers | 440/4 | €560 | €264 | -€296 | -52.8% |
| Taxes, remuneration and social security | 45 | €929 | €929 | = | 0.0% |
| Taxes | 450/3 | €929 | €929 | = | 0.0% |
| Other amounts payable | 47/48 | €6,353 | €7,573 | +€1,221 | +19.2% |
| Accrued charges and deferred income | 492/3 | €2,358 | €1,153 | -€1,205 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,287 | €39,553 | -€734 | -1.8% |
| Other operating charges | 640/8 | €8,403 | €14,566 | +€6,163 | +73.3% |
| Gross operating margin | 9900 | €69,063 | €49,048 | -€20,015 | -29.0% |
| Operating profit (loss) | 9901 | €20,372 | -€5,071 | -€25,444 | |
| Financial income | 75/76B | €24,236 | €6,800 | -€17,435 | -71.9% |
| Recurring financial income | 75 | €24,236 | €6,800 | -€17,435 | -71.9% |
| Financial charges | 65/66B | €3,670 | €4,935 | +€1,265 | +34.5% |
| Recurring financial charges | 65 | €3,670 | €4,935 | +€1,265 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €40,938 | -€3,206 | -€44,144 | |
| Transfer from deferred taxes | 780 | €4,996 | €5,017 | +€20 | +0.4% |
| Income taxes | 67/77 | €18,092 | €5,934 | -€12,158 | -67.2% |
| Profit (loss) for the period | 9904 | €27,842 | -€4,124 | -€31,966 | |
| Transfer from tax-exempt reserves | 789 | €14,989 | €15,050 | +€61 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,831 | €10,926 | -€31,904 | -74.5% |
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 6 October 2026 via checked.be.