Immy: 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.
Immy
Largest movements
- Tangible fixed assets -€33,046
down €33,046 (-3.3%), from €1.0m to €981,591
of which Land and buildings: -€40,288
- Current investments +€29,792
up €29,792 (+73.8%), from €40,381 to €70,172
- Cash -€18,193
down €18,193 (-13.4%), from €136,038 to €117,845
mainly Investment in fixed assets (net) (-€41,959) and Current investments (-€29,792)
- Other debts -€27,486
down €27,486 (-6.0%), from €455,212 to €427,725
- Gross operating margin +€30,644
up €30,644 (+33.0%), from €92,832 to €123,476
- Provisions +€22,000
no longer reported in 2025 (was -€22,000)
- Depreciation +€7,069
up €7,069 (+10.4%), from €67,936 to €75,006
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 | €1,191,222 | €1,171,512 | -€19,710 | -1.7% |
| Fixed assets | 21/28 | €1,014,642 | €981,596 | -€33,046 | -3.3% |
| Tangible fixed assets | 22/27 | €1,014,637 | €981,591 | -€33,046 | -3.3% |
| Land and buildings | 22 | €1,014,209 | €973,921 | -€40,288 | -4.0% |
| Plant, machinery and equipment | 23 | €167 | - | -€167 | |
| Furniture and vehicles | 24 | €261 | €7,670 | +€7,409 | +2833.7% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €176,580 | €189,916 | +€13,336 | +7.6% |
| Current investments | 50/53 | €40,381 | €70,172 | +€29,792 | +73.8% |
| Cash at bank and in hand | 54/58 | €136,038 | €117,845 | -€18,193 | -13.4% |
| Deferred charges and accrued income | 490/1 | €161 | €1,899 | +€1,738 | +1077.7% |
| Total equity and liabilities | 10/49 | €1,191,222 | €1,171,512 | -€19,710 | -1.7% |
| Equity | 10/15 | €689,056 | €693,196 | +€4,139 | +0.6% |
| Contributions | 10/11 | €251,612 | €251,612 | = | 0.0% |
| Capital | 10 | €251,612 | €251,612 | = | 0.0% |
| Issued capital | 100 | €251,612 | €251,612 | = | 0.0% |
| Reserves | 13 | €437,445 | €441,584 | +€4,139 | +0.9% |
| Non-distributable reserves | 130/1 | €25,161 | €25,161 | = | 0.0% |
| Legal reserve | 130 | €25,161 | €25,161 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,315 | €11,281 | -€2,034 | -15.3% |
| Distributable reserves | 133 | €398,969 | €405,142 | +€6,173 | +1.5% |
| Provisions and deferred taxes | 16 | €11,693 | €10,645 | -€1,047 | -9.0% |
| Provisions for liabilities and charges | 160/5 | €11,693 | €10,645 | -€1,047 | -9.0% |
| Taxes | 161 | €11,693 | €10,645 | -€1,047 | -9.0% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €490,473 | €467,671 | -€22,802 | -4.6% |
| Amounts payable within one year | 42/48 | €477,040 | €452,973 | -€24,067 | -5.0% |
| Trade debts | 44 | €12,349 | €15,937 | +€3,588 | +29.1% |
| Suppliers | 440/4 | €12,349 | €15,937 | +€3,588 | +29.1% |
| Taxes, remuneration and social security | 45 | €9,480 | €9,311 | -€169 | -1.8% |
| Taxes | 450/3 | €9,480 | €9,311 | -€169 | -1.8% |
| Other amounts payable | 47/48 | €455,212 | €427,725 | -€27,486 | -6.0% |
| Accrued charges and deferred income | 492/3 | €13,433 | €14,697 | +€1,265 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,936 | €75,006 | +€7,069 | +10.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€22,000 | - | +€22,000 | |
| Other operating charges | 640/8 | €17,906 | €18,109 | +€203 | +1.1% |
| Gross operating margin | 9900 | €92,832 | €123,476 | +€30,644 | +33.0% |
| Operating profit (loss) | 9901 | €28,990 | €30,361 | +€1,371 | +4.7% |
| Financial income | 75/76B | €2,074 | €2,078 | +€4 | +0.2% |
| Recurring financial income | 75 | €2,074 | €2,078 | +€4 | +0.2% |
| Financial charges | 65/66B | €28,548 | €27,437 | -€1,111 | -3.9% |
| Recurring financial charges | 65 | €28,548 | €27,437 | -€1,111 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €2,516 | €5,002 | +€2,486 | +98.8% |
| Transfer from deferred taxes | 780 | €1,047 | €1,047 | = | 0.0% |
| Income taxes | 67/77 | €746 | €1,910 | +€1,164 | +156.0% |
| Profit (loss) for the period | 9904 | €2,817 | €4,139 | +€1,322 | +46.9% |
| Transfer from tax-exempt reserves | 789 | €2,034 | €2,034 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,851 | €6,173 | +€1,322 | +27.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.