IMMOTO: 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.
IMMOTO
Largest movements
- Cash +€796,683
up €796,683 (+121.3%), from €656,838 to €1.5m
mainly Trade debts (+€585,468) and Net result for the year (+€552,415)
- Current investments +€500,000
up €500,000 (+33.3%), from €1.5m to €2.0m
- Tangible fixed assets -€293,420
down €293,420 (-26.1%), from €1.1m to €830,364
of which Assets under construction and advance payments: -€221,201
- Receivables within one year -€273,987
down €273,987 (-23.0%), from €1.2m to €917,077
of which Other amounts receivable: -€226,770
- Trade debts +€585,468
up €585,468 (+49.0%), from €1.2m to €1.8m
- Profit (loss) carried forward +€252,415
up €252,415 (+26.0%), from €971,363 to €1.2m
- Other debts -€198,666
down €198,666 (-36.6%), from €542,150 to €343,484
- Provisions +€60,000
up €60,000 (+10.9%), from €551,349 to €611,349
- Gross operating margin +€108,541
up €108,541 (+8.3%), from €1.3m to €1.4m
- Provisions +€60,000
new in 2025: €60,000
- Taxes +€29,546
up €29,546 (+14.9%), from €197,922 to €227,468
- Financial income -€18,970
down €18,970 (-26.4%), from €71,901 to €52,931
of which Financial income: -€17,280
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 | €5,116,598 | €5,831,324 | +€714,726 | +14.0% |
| Fixed assets | 21/28 | €1,128,354 | €830,364 | -€297,990 | -26.4% |
| Tangible fixed assets | 22/27 | €1,123,784 | €830,364 | -€293,420 | -26.1% |
| Land and buildings | 22 | €143,666 | €153,761 | +€10,095 | +7.0% |
| Plant, machinery and equipment | 23 | €556,907 | €486,276 | -€70,631 | -12.7% |
| Furniture and vehicles | 24 | €34,587 | €22,904 | -€11,683 | -33.8% |
| Assets under construction and advance payments | 27 | €388,624 | €167,423 | -€221,201 | -56.9% |
| Financial fixed assets | 28 | €4,570 | €0 | -€4,570 | -100.0% |
| Current assets | 29/58 | €3,988,244 | €5,000,959 | +€1.0m | +25.4% |
| Stocks and contracts in progress | 3 | €613,419 | €609,780 | -€3,640 | -0.6% |
| Stocks | 30/36 | €613,419 | €609,780 | -€3,640 | -0.6% |
| Amounts receivable within one year | 40/41 | €1,191,064 | €917,077 | -€273,987 | -23.0% |
| Trade receivables | 40 | €916,080 | €868,864 | -€47,217 | -5.2% |
| Other amounts receivable | 41 | €274,984 | €48,214 | -€226,770 | -82.5% |
| Current investments | 50/53 | €1,500,000 | €2,000,000 | +€500,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €656,838 | €1,453,522 | +€796,683 | +121.3% |
| Deferred charges and accrued income | 490/1 | €26,922 | €20,581 | -€6,341 | -23.6% |
| Total equity and liabilities | 10/49 | €5,116,598 | €5,831,324 | +€714,726 | +14.0% |
| Equity | 10/15 | €2,627,952 | €2,880,367 | +€252,415 | +9.6% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €1,557,432 | €1,557,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,517 | €47,517 | = | 0.0% |
| Distributable reserves | 133 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €971,363 | €1,223,778 | +€252,415 | +26.0% |
| Provisions and deferred taxes | 16 | €551,349 | €611,349 | +€60,000 | +10.9% |
| Provisions for liabilities and charges | 160/5 | €551,349 | €611,349 | +€60,000 | +10.9% |
| Major repairs and maintenance | 162 | €551,349 | €611,349 | +€60,000 | +10.9% |
| Amounts payable | 17/49 | €1,937,297 | €2,339,607 | +€402,311 | +20.8% |
| Amounts payable within one year | 42/48 | €1,819,086 | €2,232,146 | +€413,060 | +22.7% |
| Trade debts | 44 | €1,194,313 | €1,779,781 | +€585,468 | +49.0% |
| Suppliers | 440/4 | €1,194,313 | €1,779,781 | +€585,468 | +49.0% |
| Taxes, remuneration and social security | 45 | €82,623 | €108,881 | +€26,258 | +31.8% |
| Taxes | 450/3 | €34,667 | €61,765 | +€27,098 | +78.2% |
| Remuneration and social security | 454/9 | €47,956 | €47,116 | -€840 | -1.8% |
| Other amounts payable | 47/48 | €542,150 | €343,484 | -€198,666 | -36.6% |
| Accrued charges and deferred income | 492/3 | €118,211 | €107,461 | -€10,749 | -9.1% |
| Non-recurring operating income | 76A | €14,286 | €10,286 | -€4,000 | -28.0% |
| Remuneration, social security and pensions | 62 | €249,733 | €238,213 | -€11,520 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,572 | €253,193 | +€6,621 | +2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,846 | -€2,635 | +€8,211 | +75.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €60,000 | +€60,000 | |
| Other operating charges | 640/8 | €104,869 | €94,656 | -€10,213 | -9.7% |
| Gross operating margin | 9900 | €1,310,367 | €1,418,908 | +€108,541 | +8.3% |
| Operating profit (loss) | 9901 | €720,039 | €775,481 | +€55,442 | +7.7% |
| Financial income | 75/76B | €71,901 | €52,931 | -€18,970 | -26.4% |
| Recurring financial income | 75 | €70,211 | €52,931 | -€17,280 | -24.6% |
| Non-recurring financial income | 76B | €1,690 | €0 | -€1,690 | -100.0% |
| Financial charges | 65/66B | €49,059 | €48,530 | -€529 | -1.1% |
| Recurring financial charges | 65 | €49,059 | €48,530 | -€529 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €742,881 | €779,883 | +€37,002 | +5.0% |
| Income taxes | 67/77 | €197,922 | €227,468 | +€29,546 | +14.9% |
| Profit (loss) for the period | 9904 | €544,959 | €552,415 | +€7,456 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €544,959 | €552,415 | +€7,456 | +1.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.