IMMORIEL: 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.
IMMORIEL
Largest movements
- Cash +€32,480
up €32,480 (+6.5%), from €499,955 to €532,435
mainly Net result for the year (+€301,163) and Depreciation (+€40,127)
- Tangible fixed assets -€30,129
down €30,129 (-3.9%), from €779,005 to €748,876
of which Land and buildings: -€32,662
- Other debts -€305,577
down €305,577 (-95.9%), from €318,711 to €13,134
- Profit (loss) carried forward +€301,838
up €301,838 (+3,220%), from €9,373 to €311,211
- Tax, wage and social debts -€27,352
down €27,352 (-83.0%), from €32,965 to €5,613
- Accrued charges and deferred income +€15,729
up €15,729 (+95.1%), from €16,541 to €32,270
- Gross operating margin -€21,158
down €21,158 (-4.3%), from €496,707 to €475,549
- Depreciation -€8,510
down €8,510 (-17.5%), from €48,636 to €40,127
- Taxes -€6,607
down €6,607 (-6.2%), from €107,220 to €100,613
- Write-downs -€4,993
down €4,993, from €2,497 to -€2,497
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 | €1,376,095 | €1,371,984 | -€4,111 | -0.3% |
| Fixed assets | 21/28 | €779,005 | €748,876 | -€30,129 | -3.9% |
| Tangible fixed assets | 22/27 | €779,005 | €748,876 | -€30,129 | -3.9% |
| Land and buildings | 22 | €718,060 | €685,398 | -€32,662 | -4.5% |
| Plant, machinery and equipment | 23 | €60,945 | €63,478 | +€2,533 | +4.2% |
| Current assets | 29/58 | €597,090 | €623,108 | +€26,018 | +4.4% |
| Amounts receivable within one year | 40/41 | €92,094 | €85,681 | -€6,413 | -7.0% |
| Trade receivables | 40 | €89,919 | €84,761 | -€5,158 | -5.7% |
| Other amounts receivable | 41 | €2,175 | €920 | -€1,254 | -57.7% |
| Cash at bank and in hand | 54/58 | €499,955 | €532,435 | +€32,480 | +6.5% |
| Deferred charges and accrued income | 490/1 | €5,041 | €4,992 | -€49 | -1.0% |
| Total equity and liabilities | 10/49 | €1,376,095 | €1,371,984 | -€4,111 | -0.3% |
| Equity | 10/15 | €985,169 | €1,286,332 | +€301,163 | +30.6% |
| Contributions | 10/11 | €884,633 | €884,633 | = | 0.0% |
| Capital | 10 | €884,633 | €884,633 | = | 0.0% |
| Issued capital | 100 | €884,633 | €884,633 | = | 0.0% |
| Reserves | 13 | €88,463 | €88,463 | = | 0.0% |
| Non-distributable reserves | 130/1 | €88,463 | €88,463 | = | 0.0% |
| Legal reserve | 130 | €88,463 | €88,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,373 | €311,211 | +€301,838 | +3,220% |
| Investment grants | 15 | €2,700 | €2,025 | -€675 | -25.0% |
| Provisions and deferred taxes | 16 | €900 | €675 | -€225 | -25.0% |
| Deferred taxes | 168 | €900 | €675 | -€225 | -25.0% |
| Amounts payable | 17/49 | €390,026 | €84,977 | -€305,049 | -78.2% |
| Amounts payable within one year | 42/48 | €373,485 | €52,707 | -€320,778 | -85.9% |
| Trade debts | 44 | €21,809 | €33,960 | +€12,151 | +55.7% |
| Suppliers | 440/4 | €21,809 | €33,960 | +€12,151 | +55.7% |
| Taxes, remuneration and social security | 45 | €32,965 | €5,613 | -€27,352 | -83.0% |
| Taxes | 450/3 | €32,965 | €5,613 | -€27,352 | -83.0% |
| Other amounts payable | 47/48 | €318,711 | €13,134 | -€305,577 | -95.9% |
| Accrued charges and deferred income | 492/3 | €16,541 | €32,270 | +€15,729 | +95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,636 | €40,127 | -€8,510 | -17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,497 | -€2,497 | -€4,993 | |
| Other operating charges | 640/8 | €30,855 | €35,450 | +€4,596 | +14.9% |
| Gross operating margin | 9900 | €496,707 | €475,549 | -€21,158 | -4.3% |
| Operating profit (loss) | 9901 | €414,720 | €402,468 | -€12,251 | -3.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €717 | €917 | +€201 | +28.0% |
| Recurring financial charges | 65 | €717 | €917 | +€201 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €414,003 | €401,551 | -€12,452 | -3.0% |
| Transfer from deferred taxes | 780 | €225 | €225 | = | 0.0% |
| Income taxes | 67/77 | €107,220 | €100,613 | -€6,607 | -6.2% |
| Profit (loss) for the period | 9904 | €307,008 | €301,163 | -€5,845 | -1.9% |
| Transfer from tax-exempt reserves | 789 | €675 | €675 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €307,683 | €301,838 | -€5,845 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.