IMMUNOVACC CONSULTING: 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.
IMMUNOVACC CONSULTING
Largest movements
- Cash +€28,138
up €28,138 (+15.8%), from €177,728 to €205,866
mainly Net result for the year (+€16,585) and Receivables within one year (+€10,794)
- Receivables within one year -€10,794
down €10,794 (-14.5%), from €74,579 to €63,785
of which Trade receivables: -€17,845
- Tangible fixed assets -€6,038
down €6,038 (-12.0%), from €50,115 to €44,077
of which Other tangible fixed assets: -€3,279
- Reserves +€16,500
up €16,500 (+13.7%), from €120,460 to €136,960
of which Distributable reserves: +€16,500
- Tax, wage and social debts -€6,644
down €6,644 (-33.1%), from €20,064 to €13,420
- Gross operating margin -€21,116
down €21,116 (-38.3%), from €55,168 to €34,052
- Taxes -€6,644
down €6,644 (-46.5%), from €14,289 to €7,645
- Financial charges +€3,797
up €3,797 (+727%), from €522 to €4,320
- Depreciation -€894
down €894 (-12.9%), from €6,932 to €6,038
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 | €302,754 | €313,729 | +€10,974 | +3.6% |
| Fixed assets | 21/28 | €50,115 | €44,077 | -€6,038 | -12.0% |
| Tangible fixed assets | 22/27 | €50,115 | €44,077 | -€6,038 | -12.0% |
| Furniture and vehicles | 24 | €266 | €199 | -€66 | -25.0% |
| Leasing and similar rights | 25 | €42,615 | €39,922 | -€2,693 | -6.3% |
| Other tangible fixed assets | 26 | €7,235 | €3,956 | -€3,279 | -45.3% |
| Current assets | 29/58 | €252,640 | €269,652 | +€17,012 | +6.7% |
| Amounts receivable within one year | 40/41 | €74,579 | €63,785 | -€10,794 | -14.5% |
| Trade receivables | 40 | €64,921 | €47,076 | -€17,845 | -27.5% |
| Other amounts receivable | 41 | €9,659 | €16,709 | +€7,051 | +73.0% |
| Cash at bank and in hand | 54/58 | €177,728 | €205,866 | +€28,138 | +15.8% |
| Deferred charges and accrued income | 490/1 | €332 | - | -€332 | |
| Total equity and liabilities | 10/49 | €302,754 | €313,729 | +€10,974 | +3.6% |
| Equity | 10/15 | €256,918 | €273,503 | +€16,585 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,460 | €136,960 | +€16,500 | +13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,600 | €135,100 | +€16,500 | +13.9% |
| Profit (loss) carried forward | 14 | €130,258 | €130,343 | +€85 | +0.1% |
| Amounts payable | 17/49 | €45,837 | €40,226 | -€5,611 | -12.2% |
| Amounts payable after more than one year | 17 | €25,324 | €25,324 | = | 0.0% |
| Financial debts | 170/4 | €25,324 | €25,324 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,513 | €14,902 | -€5,611 | -27.4% |
| Trade debts | 44 | €449 | €1,482 | +€1,033 | +230% |
| Suppliers | 440/4 | €449 | €1,482 | +€1,033 | +230% |
| Taxes, remuneration and social security | 45 | €20,064 | €13,420 | -€6,644 | -33.1% |
| Taxes | 450/3 | €20,064 | €13,420 | -€6,644 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,932 | €6,038 | -€894 | -12.9% |
| Other operating charges | 640/8 | €848 | €868 | +€20 | +2.3% |
| Gross operating margin | 9900 | €55,168 | €34,052 | -€21,116 | -38.3% |
| Operating profit (loss) | 9901 | €47,388 | €27,147 | -€20,241 | -42.7% |
| Financial income | 75/76B | €886 | €1,403 | +€517 | +58.4% |
| Recurring financial income | 75 | €886 | €1,403 | +€517 | +58.4% |
| Financial charges | 65/66B | €522 | €4,320 | +€3,797 | +727% |
| Recurring financial charges | 65 | €522 | €4,320 | +€3,797 | +727% |
| Profit (loss) for the period before taxes | 9903 | €47,752 | €24,230 | -€23,522 | -49.3% |
| Income taxes | 67/77 | €14,289 | €7,645 | -€6,644 | -46.5% |
| Profit (loss) for the period | 9904 | €33,463 | €16,585 | -€16,878 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,463 | €16,585 | -€16,878 | -50.4% |
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 24 October 2026 via checked.be.