2IMAGINE: 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.
2IMAGINE
Largest movements
- Cash +€86,343
up €86,343 (+154%), from €56,198 to €142,541
mainly Depreciation (+€244,480) and Debts after one year (+€151,937)
- Intangible fixed assets -€46,275
down €46,275 (-12.5%), from €370,400 to €324,125
- Receivables within one year +€21,506
up €21,506 (+6.5%), from €331,119 to €352,625
of which Trade receivables: +€21,404
- Debts after one year +€151,937
up €151,937 (+87.8%), from €173,063 to €325,000
- Short-term financial debts -€75,000
down €75,000 (-33.3%), from €225,000 to €150,000
- Profit (loss) carried forward -€10,752
down €10,752 (-4.0%), from -€267,013 to -€277,764
- Depreciation -€19,436
down €19,436 (-7.4%), from €263,916 to €244,480
- Staff costs +€11,249
up €11,249 (+6.0%), from €186,743 to €197,993
- Financial charges +€9,863
up €9,863 (+143%), from €6,880 to €16,743
- Gross operating margin -€6,338
down €6,338 (-1.4%), from €452,065 to €445,727
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,010 | €824,954 | +€63,944 | +8.4% |
| Fixed assets | 21/28 | €371,676 | €325,750 | -€45,927 | -12.4% |
| Intangible fixed assets | 21 | €370,400 | €324,125 | -€46,275 | -12.5% |
| Tangible fixed assets | 22/27 | €1,276 | €1,624 | +€348 | +27.2% |
| Furniture and vehicles | 24 | €1,276 | €1,624 | +€348 | +27.2% |
| Current assets | 29/58 | €389,334 | €499,204 | +€109,870 | +28.2% |
| Amounts receivable within one year | 40/41 | €331,119 | €352,625 | +€21,506 | +6.5% |
| Trade receivables | 40 | €331,119 | €352,524 | +€21,404 | +6.5% |
| Other amounts receivable | 41 | - | €102 | +€102 | |
| Cash at bank and in hand | 54/58 | €56,198 | €142,541 | +€86,343 | +154% |
| Deferred charges and accrued income | 490/1 | €2,017 | €4,039 | +€2,022 | +100% |
| Total equity and liabilities | 10/49 | €761,010 | €824,954 | +€63,944 | +8.4% |
| Equity | 10/15 | €67,787 | €57,036 | -€10,752 | -15.9% |
| Contributions | 10/11 | €223,200 | €223,200 | = | 0.0% |
| Reserves | 13 | €111,600 | €111,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,505 | €6,505 | = | 0.0% |
| Distributable reserves | 133 | €105,095 | €105,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,013 | -€277,764 | -€10,752 | -4.0% |
| Amounts payable | 17/49 | €693,223 | €767,918 | +€74,695 | +10.8% |
| Amounts payable after more than one year | 17 | €173,063 | €325,000 | +€151,937 | +87.8% |
| Financial debts | 170/4 | €173,063 | €325,000 | +€151,937 | +87.8% |
| Amounts payable within one year | 42/48 | €518,715 | €439,397 | -€79,318 | -15.3% |
| Financial debts | 43 | €225,000 | €150,000 | -€75,000 | -33.3% |
| Credit institutions | 430/8 | €225,000 | €150,000 | -€75,000 | -33.3% |
| Trade debts | 44 | €189,182 | €184,373 | -€4,809 | -2.5% |
| Suppliers | 440/4 | €189,182 | €184,373 | -€4,809 | -2.5% |
| Taxes, remuneration and social security | 45 | €37,730 | €43,055 | +€5,325 | +14.1% |
| Taxes | 450/3 | €10,666 | €21,479 | +€10,812 | +101% |
| Remuneration and social security | 454/9 | €27,064 | €21,577 | -€5,488 | -20.3% |
| Other amounts payable | 47/48 | €66,803 | €61,970 | -€4,834 | -7.2% |
| Accrued charges and deferred income | 492/3 | €1,445 | €3,521 | +€2,076 | +144% |
| Remuneration, social security and pensions | 62 | €186,743 | €197,993 | +€11,249 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263,916 | €244,480 | -€19,436 | -7.4% |
| Other operating charges | 640/8 | €1,091 | €1,110 | +€18 | +1.7% |
| Gross operating margin | 9900 | €452,065 | €445,727 | -€6,338 | -1.4% |
| Operating profit (loss) | 9901 | €314 | €2,145 | +€1,831 | +583% |
| Financial income | 75/76B | €8,757 | €4,410 | -€4,348 | -49.6% |
| Recurring financial income | 75 | €8,757 | €4,410 | -€4,348 | -49.6% |
| Non-recurring financial income | 76B | - | €4,410 | +€4,410 | |
| Financial charges | 65/66B | €6,880 | €16,743 | +€9,863 | +143% |
| Recurring financial charges | 65 | €6,880 | €16,743 | +€9,863 | +143% |
| Profit (loss) for the period before taxes | 9903 | €2,191 | -€10,189 | -€12,380 | |
| Income taxes | 67/77 | - | €563 | +€563 | |
| Profit (loss) for the period | 9904 | €2,191 | -€10,752 | -€12,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,191 | -€10,752 | -€12,943 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.