IMMOTHER: 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.
IMMOTHER
Largest movements
- Receivables within one year +€492,544
up €492,544 (+1,161%), from €42,407 to €534,952
- Tangible fixed assets -€330,756
down €330,756 (-100%), from €330,756 to €0
- Cash +€20,186
new in 2025: €20,186
mainly Net result for the year (+€418,328) and Investment in fixed assets (net) (+€330,756)
- Reserves +€418,328
up €418,328 (+599%), from €69,849 to €488,177
of which Distributable reserves: +€418,328
- Other debts -€232,802
down €232,802 (-100%), from €232,802 to €0
- Gross operating margin +€584,756
up €584,756 (+2,349%), from €24,890 to €609,646
- Taxes +€185,580
up €185,580 (+3,085%), from €6,015 to €191,595
- Depreciation -€11,619
down €11,619 (-100%), from €11,619 to €0
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 | €373,163 | €555,138 | +€181,975 | +48.8% |
| Fixed assets | 21/28 | €330,756 | €0 | -€330,756 | -100% |
| Tangible fixed assets | 22/27 | €330,756 | €0 | -€330,756 | -100% |
| Land and buildings | 22 | €330,756 | €0 | -€330,756 | -100% |
| Current assets | 29/58 | €42,407 | €555,138 | +€512,731 | +1,209% |
| Amounts receivable within one year | 40/41 | €42,407 | €534,952 | +€492,544 | +1,161% |
| Other amounts receivable | 41 | €42,407 | €534,952 | +€492,544 | +1,161% |
| Cash at bank and in hand | 54/58 | - | €20,186 | +€20,186 | |
| Total equity and liabilities | 10/49 | €373,163 | €555,138 | +€181,975 | +48.8% |
| Equity | 10/15 | €131,349 | €549,677 | +€418,328 | +318% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €69,849 | €488,177 | +€418,328 | +599% |
| Non-distributable reserves | 130/1 | €10,511 | €10,511 | = | 0.0% |
| Legal reserve | 130 | €9,767 | €9,767 | = | 0.0% |
| Reserves not available under the articles | 1311 | €744 | €744 | = | 0.0% |
| Distributable reserves | 133 | €59,338 | €477,666 | +€418,328 | +705% |
| Amounts payable | 17/49 | €241,814 | €5,461 | -€236,353 | -97.7% |
| Amounts payable within one year | 42/48 | €241,814 | €5,461 | -€236,353 | -97.7% |
| Trade debts | 44 | €0 | €707 | +€707 | |
| Suppliers | 440/4 | €0 | €707 | +€707 | |
| Taxes, remuneration and social security | 45 | €9,012 | €4,755 | -€4,257 | -47.2% |
| Taxes | 450/3 | €9,012 | €4,755 | -€4,257 | -47.2% |
| Other amounts payable | 47/48 | €232,802 | €0 | -€232,802 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,619 | €0 | -€11,619 | -100% |
| Other operating charges | 640/8 | €552 | €650 | +€97 | +17.6% |
| Gross operating margin | 9900 | €24,890 | €609,646 | +€584,756 | +2,349% |
| Operating profit (loss) | 9901 | €12,719 | €608,996 | +€596,277 | +4,688% |
| Financial income | 75/76B | €1,539 | €1,143 | -€396 | -25.7% |
| Recurring financial income | 75 | €1,539 | €1,143 | -€396 | -25.7% |
| Financial charges | 65/66B | - | €216 | +€216 | |
| Recurring financial charges | 65 | - | €216 | +€216 | |
| Profit (loss) for the period before taxes | 9903 | €14,258 | €609,923 | +€595,665 | +4,178% |
| Income taxes | 67/77 | €6,015 | €191,595 | +€185,580 | +3,085% |
| Profit (loss) for the period | 9904 | €8,243 | €418,328 | +€410,084 | +4,975% |
| Profit (loss) for the period to be appropriated | 9905 | €8,243 | €418,328 | +€410,084 | +4,975% |
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.