IMMODENT: what changed
What changed
IMMODENT
filed annual accounts (NBB)
Net result for the year
-€8,684
2024 · €49,277-€57,961
Equity
€493,902
2024 · €502,586-€8,684
Cash
€192,325
2024 · €279,369-€87,044
Balance sheet total
€508,053
2024 · €578,120-€70,067
Largest movements
Assets
- Cash -€87,044
down €87,044 (-31.2%), from €279,369 to €192,325
mainly Other debts (-€47,740) and Tax, wage and social debts (-€15,265)
- Receivables within one year +€15,218
up €15,218 (+19.0%), from €80,160 to €95,378
Equity and liabilities
- Other debts -€47,740
down €47,740 (-100%), from €47,740 to €0
- Tax, wage and social debts -€15,265
down €15,265 (-59.7%), from €25,590 to €10,325
- Profit (loss) carried forward -€8,684
down €8,684 (-56.1%), from €15,493 to €6,809
Income statement
- Gross operating margin -€38,892
down €38,892, from €27,780 to -€11,112
- Financial income -€30,161
down €30,161 (-72.9%), from €41,389 to €11,228
- Taxes -€10,254
down €10,254 (-99.9%), from €10,267 to €13
- Other operating charges -€704
down €704 (-14.1%), from €4,995 to €4,290
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€49,277
Gross operating margin
-€38,892
Depreciation
+€82
Other operating charges
+€704
Financial income
-€30,161
Financial charges
+€52
Taxes
+€10,254
Result 2025
-€8,684
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€82,044
Investment
-€5,000
Financing
€0
Cash 2024
€279,369
From operations (derived)
-€82,044
Net result for the year
-€8,684
Depreciation
+€4,406
Receivables within one year
-€15,218
Deferred charges and accrued income
-€1,166
Trade debts
+€1,767
Tax, wage and social debts
-€15,265
Other debts
-€47,740
Accrued charges and deferred income
-€145
Investment (derived)
-€5,000
Investment in fixed assets (net)
-€5,000
Cash 2025
€192,325
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,120 | €508,053 | -€70,067 | -12.1% |
| Fixed assets | 21/28 | €216,765 | €217,359 | +€594 | +0.3% |
| Tangible fixed assets | 22/27 | €74,393 | €74,986 | +€594 | +0.8% |
| Land and buildings | 22 | €74,393 | €70,452 | -€3,941 | -5.3% |
| Furniture and vehicles | 24 | - | €4,534 | +€4,534 | |
| Financial fixed assets | 28 | €142,372 | €142,372 | = | 0.0% |
| Current assets | 29/58 | €361,355 | €290,694 | -€70,660 | -19.6% |
| Amounts receivable within one year | 40/41 | €80,160 | €95,378 | +€15,218 | +19.0% |
| Other amounts receivable | 41 | €80,160 | €95,378 | +€15,218 | +19.0% |
| Cash at bank and in hand | 54/58 | €279,369 | €192,325 | -€87,044 | -31.2% |
| Deferred charges and accrued income | 490/1 | €1,826 | €2,991 | +€1,166 | +63.9% |
| Total equity and liabilities | 10/49 | €578,120 | €508,053 | -€70,067 | -12.1% |
| Equity | 10/15 | €502,586 | €493,902 | -€8,684 | -1.7% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €312,094 | €312,094 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €312,094 | €312,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,493 | €6,809 | -€8,684 | -56.1% |
| Amounts payable | 17/49 | €75,534 | €14,151 | -€61,383 | -81.3% |
| Amounts payable within one year | 42/48 | €75,389 | €14,151 | -€61,238 | -81.2% |
| Trade debts | 44 | €2,059 | €3,826 | +€1,767 | +85.8% |
| Suppliers | 440/4 | €2,059 | €3,826 | +€1,767 | +85.8% |
| Taxes, remuneration and social security | 45 | €25,590 | €10,325 | -€15,265 | -59.7% |
| Taxes | 450/3 | €25,590 | €10,325 | -€15,265 | -59.7% |
| Other amounts payable | 47/48 | €47,740 | €0 | -€47,740 | -100% |
| Accrued charges and deferred income | 492/3 | €145 | €0 | -€145 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,488 | €4,406 | -€82 | -1.8% |
| Other operating charges | 640/8 | €4,995 | €4,290 | -€704 | -14.1% |
| Gross operating margin | 9900 | €27,780 | -€11,112 | -€38,892 | |
| Operating profit (loss) | 9901 | €18,298 | -€19,809 | -€38,106 | |
| Financial income | 75/76B | €41,389 | €11,228 | -€30,161 | -72.9% |
| Recurring financial income | 75 | €41,389 | €11,228 | -€30,161 | -72.9% |
| Financial charges | 65/66B | €143 | €90 | -€52 | -36.8% |
| Recurring financial charges | 65 | €143 | €90 | -€52 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €59,544 | -€8,671 | -€68,215 | |
| Income taxes | 67/77 | €10,267 | €13 | -€10,254 | -99.9% |
| Profit (loss) for the period | 9904 | €49,277 | -€8,684 | -€57,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,277 | -€8,684 | -€57,961 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.