Immther: 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.
Immther
Largest movements
- Cash -€31,254
down €31,254 (-61.5%), from €50,857 to €19,603
mainly Trade debts (-€20,480) and Tax, wage and social debts (-€12,350)
- Trade debts -€20,480
down €20,480 (-59.3%), from €34,560 to €14,080
- Tax, wage and social debts -€12,350
down €12,350 (-48.0%), from €25,749 to €13,399
- Profit (loss) carried forward +€1,377
up €1,377 (+8.8%), from -€15,723 to -€14,346
- Turnover -€104,513
no longer reported in 2025 (was €104,513)
- Purchases and services -€56,841
no longer reported in 2025 (was €56,841)
- Gross operating margin -€45,696
down €45,696 (-95.9%), from €47,671 to €1,975
- Taxes -€11,784
down €11,784 (-92.6%), from €12,729 to €945
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 | €56,986 | €25,533 | -€31,453 | -55.2% |
| Current assets | 29/58 | €56,986 | €25,533 | -€31,453 | -55.2% |
| Amounts receivable within one year | 40/41 | €6,129 | €5,930 | -€199 | -3.2% |
| Trade receivables | 40 | €3,158 | €738 | -€2,420 | -76.6% |
| Other amounts receivable | 41 | €2,971 | €5,193 | +€2,221 | +74.8% |
| Cash at bank and in hand | 54/58 | €50,857 | €19,603 | -€31,254 | -61.5% |
| Total equity and liabilities | 10/49 | €56,986 | €25,533 | -€31,453 | -55.2% |
| Equity | 10/15 | -€3,323 | -€1,946 | +€1,377 | +41.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Share premium | 1100/10 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€15,723 | -€14,346 | +€1,377 | +8.8% |
| Amounts payable | 17/49 | €60,309 | €27,479 | -€32,830 | -54.4% |
| Amounts payable within one year | 42/48 | €60,309 | €27,479 | -€32,830 | -54.4% |
| Trade debts | 44 | €34,560 | €14,080 | -€20,480 | -59.3% |
| Suppliers | 440/4 | €34,560 | €14,080 | -€20,480 | -59.3% |
| Taxes, remuneration and social security | 45 | €25,749 | €13,399 | -€12,350 | -48.0% |
| Taxes | 450/3 | €25,749 | €13,399 | -€12,350 | -48.0% |
| Turnover | 70 | €104,513 | - | -€104,513 | |
| Goods, raw materials, services and sundry goods | 60/61 | €56,841 | - | -€56,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | - | -€338 | |
| Other operating charges | 640/8 | - | €64 | +€64 | |
| Gross operating margin | 9900 | €47,671 | €1,975 | -€45,696 | -95.9% |
| Operating profit (loss) | 9901 | €47,334 | €1,911 | -€45,423 | -96.0% |
| Financial income | 75/76B | €748 | €506 | -€242 | -32.3% |
| Recurring financial income | 75 | €748 | €506 | -€242 | -32.3% |
| Financial charges | 65/66B | €103 | €96 | -€7 | -7.2% |
| Recurring financial charges | 65 | €103 | €96 | -€7 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €47,978 | €2,322 | -€45,657 | -95.2% |
| Income taxes | 67/77 | €12,729 | €945 | -€11,784 | -92.6% |
| Profit (loss) for the period | 9904 | €35,249 | €1,377 | -€33,872 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,249 | €1,377 | -€33,872 | -96.1% |
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.