IMMORO: 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.
IMMORO
Largest movements
- Cash +€8,889
up €8,889 (+39.7%), from €22,395 to €31,284
mainly Net result for the year (+€6,109) and Other debts (+€2,407)
- Tangible fixed assets +€862
up €862 (+3.0%), from €29,203 to €30,065
of which Plant, machinery and equipment: +€1,174
- Reserves +€6,109
up €6,109 (+22.0%), from €27,768 to €33,877
- Other debts +€2,407
up €2,407 (+38.2%), from €6,300 to €8,707
- Tax, wage and social debts +€1,555
up €1,555 (+17.3%), from €8,979 to €10,534
- Gross operating margin -€2,776
down €2,776 (-17.0%), from €16,310 to €13,534
- Taxes -€945
down €945 (-23.6%), from €4,004 to €3,059
- Other operating charges +€382
up €382 (+15.0%), from €2,545 to €2,927
- Depreciation +€258
up €258 (+23.3%), from €1,107 to €1,364
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 | €51,864 | €61,627 | +€9,764 | +18.8% |
| Fixed assets | 21/28 | €29,203 | €30,065 | +€862 | +3.0% |
| Tangible fixed assets | 22/27 | €29,203 | €30,065 | +€862 | +3.0% |
| Land and buildings | 22 | €26,806 | €26,494 | -€312 | -1.2% |
| Plant, machinery and equipment | 23 | €2,397 | €3,571 | +€1,174 | +49.0% |
| Current assets | 29/58 | €22,660 | €31,563 | +€8,902 | +39.3% |
| Cash at bank and in hand | 54/58 | €22,395 | €31,284 | +€8,889 | +39.7% |
| Deferred charges and accrued income | 490/1 | €266 | €279 | +€13 | +4.9% |
| Total equity and liabilities | 10/49 | €51,864 | €61,627 | +€9,764 | +18.8% |
| Equity | 10/15 | €34,397 | €40,506 | +€6,109 | +17.8% |
| Contributions | 10/11 | €6,629 | €6,629 | = | 0.0% |
| Outside capital | 11 | €6,629 | €6,629 | = | 0.0% |
| Other | 1109/19 | €6,629 | €6,629 | = | 0.0% |
| Reserves | 13 | €27,768 | €33,877 | +€6,109 | +22.0% |
| Distributable reserves | 133 | €27,768 | €33,877 | +€6,109 | +22.0% |
| Amounts payable | 17/49 | €17,466 | €21,121 | +€3,655 | +20.9% |
| Amounts payable within one year | 42/48 | €17,466 | €21,121 | +€3,655 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €1,880 | €1,880 | = | 0.0% |
| Trade debts | 44 | €307 | - | -€307 | |
| Suppliers | 440/4 | €307 | - | -€307 | |
| Taxes, remuneration and social security | 45 | €8,979 | €10,534 | +€1,555 | +17.3% |
| Taxes | 450/3 | €8,979 | €10,534 | +€1,555 | +17.3% |
| Other amounts payable | 47/48 | €6,300 | €8,707 | +€2,407 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,107 | €1,364 | +€258 | +23.3% |
| Other operating charges | 640/8 | €2,545 | €2,927 | +€382 | +15.0% |
| Gross operating margin | 9900 | €16,310 | €13,534 | -€2,776 | -17.0% |
| Operating profit (loss) | 9901 | €12,658 | €9,243 | -€3,415 | -27.0% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.8% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €12,585 | €9,168 | -€3,417 | -27.1% |
| Income taxes | 67/77 | €4,004 | €3,059 | -€945 | -23.6% |
| Profit (loss) for the period | 9904 | €8,580 | €6,109 | -€2,471 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,580 | €6,109 | -€2,471 | -28.8% |
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 4 October 2026 via checked.be.