AGENTUUR IMARCO: 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.
AGENTUUR IMARCO
Largest movements
- Cash -€113,415
down €113,415 (-25.2%), from €449,983 to €336,568
mainly Trade debts (-€65,741) and Debts after one year (-€33,581)
- Tangible fixed assets -€39,064
down €39,064 (-29.0%), from €134,616 to €95,553
of which Furniture and vehicles: -€38,268
- Receivables within one year +€28,550
up €28,550 (+35.6%), from €80,204 to €108,754
of which Trade receivables: +€30,393
- Trade debts -€65,741
down €65,741 (-39.6%), from €166,107 to €100,365
- Debts after one year -€33,581
down €33,581 (-37.7%), from €89,170 to €55,589
- Reserves -€28,629
down €28,629 (-4.9%), from €586,751 to €558,122
of which Distributable reserves: -€28,629
- Staff costs +€47,302
up €47,302 (+29.9%), from €158,210 to €205,512
- Gross operating margin +€35,600
up €35,600 (+16.4%), from €217,583 to €253,183
- Depreciation +€6,982
up €6,982 (+21.8%), from €32,082 to €39,064
- Financial charges +€4,459
up €4,459 (+19.1%), from €23,320 to €27,779
- Taxes -€3,158
down €3,158 (-86.0%), from €3,670 to €512
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.
Derived cash bridge
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 | €1,075,079 | €950,518 | -€124,561 | -11.6% |
| Fixed assets | 21/28 | €137,615 | €98,552 | -€39,064 | -28.4% |
| Tangible fixed assets | 22/27 | €134,616 | €95,553 | -€39,064 | -29.0% |
| Plant, machinery and equipment | 23 | €1,387 | €591 | -€796 | -57.4% |
| Furniture and vehicles | 24 | €133,229 | €94,962 | -€38,268 | -28.7% |
| Financial fixed assets | 28 | €2,999 | €2,999 | = | 0.0% |
| Current assets | 29/58 | €937,464 | €851,967 | -€85,497 | -9.1% |
| Stocks and contracts in progress | 3 | €391,638 | €400,736 | +€9,098 | +2.3% |
| Stocks | 30/36 | €391,638 | €400,736 | +€9,098 | +2.3% |
| Amounts receivable within one year | 40/41 | €80,204 | €108,754 | +€28,550 | +35.6% |
| Trade receivables | 40 | €63,873 | €94,266 | +€30,393 | +47.6% |
| Other amounts receivable | 41 | €16,330 | €14,488 | -€1,842 | -11.3% |
| Cash at bank and in hand | 54/58 | €449,983 | €336,568 | -€113,415 | -25.2% |
| Deferred charges and accrued income | 490/1 | €15,640 | €5,909 | -€9,732 | -62.2% |
| Total equity and liabilities | 10/49 | €1,075,079 | €950,518 | -€124,561 | -11.6% |
| Equity | 10/15 | €648,724 | €620,095 | -€28,629 | -4.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €586,751 | €558,122 | -€28,629 | -4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €580,551 | €551,922 | -€28,629 | -4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €426,355 | €330,423 | -€95,932 | -22.5% |
| Amounts payable after more than one year | 17 | €89,170 | €55,589 | -€33,581 | -37.7% |
| Financial debts | 170/4 | €89,170 | €55,589 | -€33,581 | -37.7% |
| Amounts payable within one year | 42/48 | €335,070 | €272,954 | -€62,116 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €32,738 | €33,581 | +€843 | +2.6% |
| Trade debts | 44 | €166,107 | €100,365 | -€65,741 | -39.6% |
| Suppliers | 440/4 | €166,107 | €100,365 | -€65,741 | -39.6% |
| Taxes, remuneration and social security | 45 | €34,992 | €43,785 | +€8,793 | +25.1% |
| Taxes | 450/3 | €16,016 | €13,674 | -€2,342 | -14.6% |
| Remuneration and social security | 454/9 | €18,976 | €30,111 | +€11,135 | +58.7% |
| Other amounts payable | 47/48 | €101,233 | €95,222 | -€6,011 | -5.9% |
| Accrued charges and deferred income | 492/3 | €2,115 | €1,881 | -€234 | -11.1% |
| Non-recurring operating income | 76A | €1,653 | €0 | -€1,653 | -100% |
| Remuneration, social security and pensions | 62 | €158,210 | €205,512 | +€47,302 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,082 | €39,064 | +€6,982 | +21.8% |
| Other operating charges | 640/8 | €2,221 | €1,868 | -€353 | -15.9% |
| Gross operating margin | 9900 | €217,583 | €253,183 | +€35,600 | +16.4% |
| Operating profit (loss) | 9901 | €25,070 | €6,738 | -€18,331 | -73.1% |
| Financial income | 75/76B | €4,474 | €2,262 | -€2,212 | -49.4% |
| Recurring financial income | 75 | €4,474 | €2,262 | -€2,212 | -49.4% |
| Financial charges | 65/66B | €23,320 | €27,779 | +€4,459 | +19.1% |
| Recurring financial charges | 65 | €23,320 | €27,779 | +€4,459 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €6,224 | -€18,779 | -€25,002 | |
| Income taxes | 67/77 | €3,670 | €512 | -€3,158 | -86.0% |
| Profit (loss) for the period | 9904 | €2,554 | -€19,291 | -€21,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,554 | -€19,291 | -€21,845 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.