4IMB: 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.
4IMB
Largest movements
- Tangible fixed assets +€21,562
up €21,562 (+134764.5%), from €16 to €21,578
- Receivables within one year +€5,607
up €5,607 (+97.6%), from €5,747 to €11,354
of which Trade receivables: +€7,744
- Receivables after one year -€1,650
down €1,650 (-24.7%), from €6,682 to €5,032
- Current portion of long-term debt +€9,816
up €9,816 (+96.5%), from €10,171 to €19,987
- Other debts +€8,242
new in 2025: €8,242
- Profit (loss) carried forward +€3,924
up €3,924 (+76.0%), from -€5,160 to -€1,236
- Gross operating margin +€6,653
up €6,653 (+343.8%), from €1,935 to €8,588
- Financial charges +€3,529
up €3,529 (+1002.6%), from €352 to €3,881
- Other operating charges -€621
down €621 (-94.3%), from €659 to €38
- Depreciation +€550
up €550 (+280.7%), from €196 to €746
- Taxes -€132
no longer reported in 2025 (was €132)
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 | €125,265 | €150,492 | +€25,227 | +20.1% |
| Fixed assets | 21/28 | €108,819 | €131,056 | +€22,237 | +20.4% |
| Intangible fixed assets | 21 | - | €675 | +€675 | |
| Tangible fixed assets | 22/27 | €16 | €21,578 | +€21,562 | +134764.5% |
| Furniture and vehicles | 24 | €16 | €21,578 | +€21,562 | +134764.5% |
| Financial fixed assets | 28 | €108,803 | €108,803 | = | 0.0% |
| Current assets | 29/58 | €16,446 | €19,436 | +€2,990 | +18.2% |
| Amounts receivable after more than one year | 29 | €6,682 | €5,032 | -€1,650 | -24.7% |
| Other amounts receivable | 291 | €6,682 | €5,032 | -€1,650 | -24.7% |
| Amounts receivable within one year | 40/41 | €5,747 | €11,354 | +€5,607 | +97.6% |
| Trade receivables | 40 | €3,610 | €11,354 | +€7,744 | +214.5% |
| Other amounts receivable | 41 | €2,137 | - | -€2,137 | |
| Cash at bank and in hand | 54/58 | €3,244 | €2,254 | -€990 | -30.5% |
| Deferred charges and accrued income | 490/1 | €773 | €795 | +€22 | +2.9% |
| Total equity and liabilities | 10/49 | €125,265 | €150,492 | +€25,227 | +20.1% |
| Equity | 10/15 | €6,865 | €10,789 | +€3,924 | +57.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,025 | €2,025 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €115 | €115 | = | 0.0% |
| Reserves not available under the articles | 1311 | €115 | €115 | = | 0.0% |
| Distributable reserves | 133 | €1,910 | €1,910 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€5,160 | -€1,236 | +€3,924 | +76.0% |
| Amounts payable | 17/49 | €118,400 | €139,703 | +€21,303 | +18.0% |
| Amounts payable after more than one year | 17 | €104,132 | €104,946 | +€814 | +0.8% |
| Financial debts | 170/4 | €65,329 | €104,946 | +€39,617 | +60.6% |
| Other amounts payable | 178/9 | €38,803 | - | -€38,803 | |
| Amounts payable within one year | 42/48 | €14,202 | €34,757 | +€20,555 | +144.7% |
| Current portion of amounts payable after more than one year | 42 | €10,171 | €19,987 | +€9,816 | +96.5% |
| Trade debts | 44 | €2,336 | €3,404 | +€1,068 | +45.7% |
| Suppliers | 440/4 | €2,336 | €3,404 | +€1,068 | +45.7% |
| Taxes, remuneration and social security | 45 | €1,695 | €3,124 | +€1,429 | +84.3% |
| Taxes | 450/3 | €1,695 | €986 | -€709 | -41.8% |
| Remuneration and social security | 454/9 | - | €2,138 | +€2,138 | |
| Other amounts payable | 47/48 | - | €8,242 | +€8,242 | |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196 | €746 | +€550 | +280.7% |
| Other operating charges | 640/8 | €659 | €38 | -€621 | -94.3% |
| Gross operating margin | 9900 | €1,935 | €8,588 | +€6,653 | +343.8% |
| Operating profit (loss) | 9901 | €1,080 | €7,804 | +€6,724 | +622.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €352 | €3,881 | +€3,529 | +1002.6% |
| Recurring financial charges | 65 | €352 | €3,881 | +€3,529 | +1002.6% |
| Profit (loss) for the period before taxes | 9903 | €728 | €3,923 | +€3,195 | +438.9% |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | €596 | €3,923 | +€3,327 | +558.2% |
| Profit (loss) for the period to be appropriated | 9905 | €596 | €3,923 | +€3,327 | +558.2% |
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 5 October 2026 via checked.be.