IMMORGANIC: 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.
IMMORGANIC
Largest movements
- Tangible fixed assets +€1.1m
new in 2025: €1.1m
- Receivables within one year +€110,000
new in 2025: €110,000
- Debts after one year +€1.1m
new in 2025: €1.1m
- Short-term financial debts +€71,489
new in 2025: €71,489
- Other debts +€51,878
new in 2025: €51,878
- Profit (loss) carried forward -€21,634
down €21,634 (-1,575%), from -€1,373 to -€23,007
- Current portion of long-term debt +€15,113
new in 2025: €15,113
- Gross operating margin +€106,474
up €106,474, from -€1,373 to €105,100
- Depreciation +€79,848
new in 2025: €79,848
- Financial charges +€41,007
new in 2025: €41,007
- Other operating charges +€5,879
new in 2025: €5,879
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 | €3,944 | €1,249,814 | +€1.2m | +31,589% |
| Fixed assets | 21/28 | - | €1,139,403 | +€1.1m | |
| Tangible fixed assets | 22/27 | - | €1,139,403 | +€1.1m | |
| Land and buildings | 22 | - | €1,139,403 | +€1.1m | |
| Current assets | 29/58 | €3,944 | €110,411 | +€106,467 | +2,699% |
| Amounts receivable within one year | 40/41 | - | €110,000 | +€110,000 | |
| Other amounts receivable | 41 | - | €110,000 | +€110,000 | |
| Cash at bank and in hand | 54/58 | €3,944 | €228 | -€3,716 | -94.2% |
| Deferred charges and accrued income | 490/1 | - | €182 | +€182 | |
| Total equity and liabilities | 10/49 | €3,944 | €1,249,814 | +€1.2m | +31,589% |
| Equity | 10/15 | €2,627 | -€19,007 | -€21,634 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,373 | -€23,007 | -€21,634 | -1,575% |
| Amounts payable | 17/49 | €1,317 | €1,268,821 | +€1.3m | +96,214% |
| Amounts payable after more than one year | 17 | - | €1,129,887 | +€1.1m | |
| Financial debts | 170/4 | - | €1,129,887 | +€1.1m | |
| Amounts payable within one year | 42/48 | €1,317 | €138,934 | +€137,616 | +10,446% |
| Current portion of amounts payable after more than one year | 42 | - | €15,113 | +€15,113 | |
| Financial debts | 43 | - | €71,489 | +€71,489 | |
| Credit institutions | 430/8 | - | €71,489 | +€71,489 | |
| Trade debts | 44 | €1,317 | €454 | -€864 | -65.6% |
| Suppliers | 440/4 | €1,317 | €454 | -€864 | -65.6% |
| Other amounts payable | 47/48 | - | €51,878 | +€51,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €79,848 | +€79,848 | |
| Other operating charges | 640/8 | - | €5,879 | +€5,879 | |
| Gross operating margin | 9900 | -€1,373 | €105,100 | +€106,474 | |
| Operating profit (loss) | 9901 | -€1,373 | €19,373 | +€20,746 | |
| Financial charges | 65/66B | - | €41,007 | +€41,007 | |
| Recurring financial charges | 65 | - | €41,007 | +€41,007 | |
| Profit (loss) for the period before taxes | 9903 | -€1,373 | -€21,634 | -€20,261 | -1,475% |
| Profit (loss) for the period | 9904 | -€1,373 | -€21,634 | -€20,261 | -1,475% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,373 | -€21,634 | -€20,261 | -1,475% |
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.