IMOTANN: 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.
IMOTANN
Largest movements
- Tangible fixed assets -€39,273
down €39,273 (-8.3%), from €470,570 to €431,297
of which Land and buildings: -€39,491
- Cash +€10,392
up €10,392 (+52.6%), from €19,739 to €30,131
mainly Depreciation (+€45,647) and Net result for the year (+€14,282)
- Deferred charges and accrued income +€8,289
up €8,289 (+2279.6%), from €364 to €8,653
- Current portion of long-term debt -€29,159
down €29,159 (-58.1%), from €50,194 to €21,035
- Reserves +€14,282
up €14,282 (+63.2%), from €22,594 to €36,876
of which Non-distributable reserves: +€14,282
- Debts after one year -€14,035
down €14,035 (-7.4%), from €189,274 to €175,239
of which Financial debts: -€14,035
- Other debts +€5,977
up €5,977 (+11.1%), from €53,652 to €59,630
- Gross operating margin -€13,576
down €13,576 (-13.5%), from €100,640 to €87,064
- Financial charges -€4,492
down €4,492 (-26.1%), from €17,209 to €12,717
- Taxes -€2,963
down €2,963 (-30.5%), from €9,721 to €6,758
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 | €498,628 | €475,600 | -€23,028 | -4.6% |
| Fixed assets | 21/28 | €470,570 | €431,297 | -€39,273 | -8.3% |
| Tangible fixed assets | 22/27 | €470,570 | €431,297 | -€39,273 | -8.3% |
| Land and buildings | 22 | €469,817 | €430,325 | -€39,491 | -8.4% |
| Furniture and vehicles | 24 | €754 | €972 | +€218 | +29.0% |
| Current assets | 29/58 | €28,058 | €44,303 | +€16,245 | +57.9% |
| Amounts receivable within one year | 40/41 | €7,955 | €5,519 | -€2,436 | -30.6% |
| Trade receivables | 40 | €5,676 | €277 | -€5,399 | -95.1% |
| Other amounts receivable | 41 | €2,279 | €5,242 | +€2,963 | +130.0% |
| Cash at bank and in hand | 54/58 | €19,739 | €30,131 | +€10,392 | +52.6% |
| Deferred charges and accrued income | 490/1 | €364 | €8,653 | +€8,289 | +2279.6% |
| Total equity and liabilities | 10/49 | €498,628 | €475,600 | -€23,028 | -4.6% |
| Equity | 10/15 | €197,350 | €211,631 | +€14,282 | +7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,594 | €36,876 | +€14,282 | +63.2% |
| Non-distributable reserves | 130/1 | €20,734 | €35,016 | +€14,282 | +68.9% |
| Reserves not available under the articles | 1311 | €20,734 | €35,016 | +€14,282 | +68.9% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,555 | €168,555 | = | 0.0% |
| Amounts payable | 17/49 | €301,279 | €263,969 | -€37,310 | -12.4% |
| Amounts payable after more than one year | 17 | €189,274 | €175,239 | -€14,035 | -7.4% |
| Financial debts | 170/4 | €39,274 | €25,239 | -€14,035 | -35.7% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €108,050 | €84,726 | -€23,324 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €50,194 | €21,035 | -€29,159 | -58.1% |
| Trade debts | 44 | €195 | €876 | +€682 | +350.3% |
| Suppliers | 440/4 | €195 | €876 | +€682 | +350.3% |
| Taxes, remuneration and social security | 45 | €4,010 | €3,186 | -€824 | -20.5% |
| Taxes | 450/3 | €4,010 | €3,186 | -€824 | -20.5% |
| Other amounts payable | 47/48 | €53,652 | €59,630 | +€5,977 | +11.1% |
| Accrued charges and deferred income | 492/3 | €3,954 | €4,003 | +€49 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,405 | €45,647 | +€242 | +0.5% |
| Other operating charges | 640/8 | €7,571 | €7,660 | +€89 | +1.2% |
| Gross operating margin | 9900 | €100,640 | €87,064 | -€13,576 | -13.5% |
| Operating profit (loss) | 9901 | €47,664 | €33,757 | -€13,907 | -29.2% |
| Financial charges | 65/66B | €17,209 | €12,717 | -€4,492 | -26.1% |
| Recurring financial charges | 65 | €17,209 | €12,717 | -€4,492 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €30,456 | €21,040 | -€9,415 | -30.9% |
| Income taxes | 67/77 | €9,721 | €6,758 | -€2,963 | -30.5% |
| Profit (loss) for the period | 9904 | €20,734 | €14,282 | -€6,453 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,734 | €14,282 | -€6,453 | -31.1% |
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 6 October 2026 via checked.be.