IMUNIS: 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.
IMUNIS
Largest movements
- Cash +€74,409
up €74,409 (+12.4%), from €598,115 to €672,524
mainly Contributions, distributions and other (+€100,000) and Net result for the year (+€80,223)
- Tangible fixed assets -€44,355
down €44,355 (-3.0%), from €1.5m to €1.4m
of which Land and buildings: -€32,003
- Deferred charges and accrued income -€25,915
down €25,915 (-79.5%), from €32,609 to €6,694
- Debts after one year -€128,323
down €128,323 (-12.7%), from €1.0m to €882,085
- Contributions +€100,000
up €100,000 (+200.0%), from €50,000 to €150,000
- Reserves +€80,223
up €80,223 (+9.6%), from €835,452 to €915,675
of which Distributable reserves: +€99,660
- Trade debts -€68,174
down €68,174 (-49.4%), from €137,927 to €69,753
- Gross operating margin -€13,850
down €13,850 (-5.6%), from €245,388 to €231,538
- Financial charges -€12,447
down €12,447 (-29.3%), from €42,494 to €30,048
- Depreciation -€8,988
down €8,988 (-16.8%), from €53,343 to €44,355
- Staff costs -€5,822
down €5,822 (-10.0%), from €57,986 to €52,164
- Financial income -€5,577
down €5,577 (-17.1%), from €32,609 to €27,032
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 | €2,234,930 | €2,217,943 | -€16,987 | -0.8% |
| Fixed assets | 21/28 | €1,458,153 | €1,413,798 | -€44,355 | -3.0% |
| Tangible fixed assets | 22/27 | €1,458,153 | €1,413,798 | -€44,355 | -3.0% |
| Land and buildings | 22 | €1,373,731 | €1,341,728 | -€32,003 | -2.3% |
| Plant, machinery and equipment | 23 | €22,233 | €18,071 | -€4,162 | -18.7% |
| Furniture and vehicles | 24 | €1,738 | €0 | -€1,738 | -100.0% |
| Leasing and similar rights | 25 | €28,674 | €22,222 | -€6,453 | -22.5% |
| Other tangible fixed assets | 26 | €31,777 | €31,777 | = | 0.0% |
| Current assets | 29/58 | €776,777 | €804,145 | +€27,368 | +3.5% |
| Amounts receivable within one year | 40/41 | €146,053 | €124,927 | -€21,125 | -14.5% |
| Trade receivables | 40 | €122,468 | €122,918 | +€450 | +0.4% |
| Other amounts receivable | 41 | €23,585 | €2,010 | -€21,575 | -91.5% |
| Cash at bank and in hand | 54/58 | €598,115 | €672,524 | +€74,409 | +12.4% |
| Deferred charges and accrued income | 490/1 | €32,609 | €6,694 | -€25,915 | -79.5% |
| Total equity and liabilities | 10/49 | €2,234,930 | €2,217,943 | -€16,987 | -0.8% |
| Equity | 10/15 | €885,452 | €1,065,675 | +€180,223 | +20.4% |
| Contributions | 10/11 | €50,000 | €150,000 | +€100,000 | +200.0% |
| Reserves | 13 | €835,452 | €915,675 | +€80,223 | +9.6% |
| Tax-exempt reserves | 132 | €115,642 | €96,205 | -€19,437 | -16.8% |
| Distributable reserves | 133 | €719,810 | €819,470 | +€99,660 | +13.8% |
| Provisions and deferred taxes | 16 | €47,246 | €39,194 | -€8,052 | -17.0% |
| Deferred taxes | 168 | €47,246 | €39,194 | -€8,052 | -17.0% |
| Amounts payable | 17/49 | €1,302,232 | €1,113,074 | -€189,157 | -14.5% |
| Amounts payable after more than one year | 17 | €1,010,408 | €882,085 | -€128,323 | -12.7% |
| Financial debts | 170/4 | €1,010,408 | €882,085 | -€128,323 | -12.7% |
| Amounts payable within one year | 42/48 | €291,824 | €230,989 | -€60,835 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €140,629 | €137,656 | -€2,973 | -2.1% |
| Trade debts | 44 | €137,927 | €69,753 | -€68,174 | -49.4% |
| Suppliers | 440/4 | €137,927 | €69,753 | -€68,174 | -49.4% |
| Taxes, remuneration and social security | 45 | €13,268 | €23,580 | +€10,312 | +77.7% |
| Taxes | 450/3 | €9,675 | €13,847 | +€4,171 | +43.1% |
| Remuneration and social security | 454/9 | €3,592 | €9,733 | +€6,141 | +170.9% |
| Remuneration, social security and pensions | 62 | €57,986 | €52,164 | -€5,822 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,343 | €44,355 | -€8,988 | -16.8% |
| Other operating charges | 640/8 | €25,054 | €26,081 | +€1,027 | +4.1% |
| Gross operating margin | 9900 | €245,388 | €231,538 | -€13,850 | -5.6% |
| Operating profit (loss) | 9901 | €109,005 | €108,938 | -€67 | -0.1% |
| Financial income | 75/76B | €32,609 | €27,032 | -€5,577 | -17.1% |
| Recurring financial income | 75 | €32,609 | €27,032 | -€5,577 | -17.1% |
| Financial charges | 65/66B | €42,494 | €30,048 | -€12,447 | -29.3% |
| Recurring financial charges | 65 | €42,494 | €30,048 | -€12,447 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €99,120 | €105,922 | +€6,802 | +6.9% |
| Transfer from deferred taxes | 780 | €428 | €8,052 | +€7,624 | +1779.4% |
| Income taxes | 67/77 | €32,239 | €33,752 | +€1,513 | +4.7% |
| Profit (loss) for the period | 9904 | €67,310 | €80,223 | +€12,913 | +19.2% |
| Transfer from tax-exempt reserves | 789 | €27,807 | €19,437 | -€8,371 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,117 | €99,660 | +€4,543 | +4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.