AL IMEN: 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.
AL IMEN
Largest movements
- Receivables within one year +€78,684
up €78,684 (+1181.4%), from €6,660 to €85,344
of which Trade receivables: +€72,351
- Stocks and contracts -€30,570
down €30,570 (-33.2%), from €91,977 to €61,407
- Cash -€11,227
down €11,227 (-62.7%), from €17,895 to €6,668
mainly Receivables within one year (-€78,684) and Net result for the year (-€29,640)
- Tangible fixed assets +€10,570
up €10,570 (+120.4%), from €8,781 to €19,352
of which Furniture and vehicles: +€11,425
- Deferred charges and accrued income +€2,198
up €2,198 (+176.5%), from €1,245 to €3,442
- Trade debts +€76,816
up €76,816 (+179.2%), from €42,854 to €119,670
- Profit (loss) carried forward -€29,640
down €29,640 (-81.1%), from €36,565 to €6,925
- Tax, wage and social debts -€10,043
down €10,043 (-56.6%), from €17,748 to €7,705
- Advances received +€8,864
new in 2025: €8,864
- Other debts +€3,659
up €3,659 (+66.1%), from €5,535 to €9,194
- Purchases and services +€364,170
new in 2025: €364,170
- Turnover +€326,419
new in 2025: €326,419
- Gross operating margin -€37,208
down €37,208, from €23,451 to -€13,757
- Other operating charges -€7,266
down €7,266 (-74.4%), from €9,770 to €2,504
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 | €127,244 | €176,899 | +€49,655 | +39.0% |
| Fixed assets | 21/28 | €9,468 | €20,038 | +€10,570 | +111.6% |
| Tangible fixed assets | 22/27 | €8,781 | €19,352 | +€10,570 | +120.4% |
| Furniture and vehicles | 24 | €3,688 | €15,113 | +€11,425 | +309.8% |
| Other tangible fixed assets | 26 | €5,094 | €4,239 | -€855 | -16.8% |
| Financial fixed assets | 28 | €687 | €687 | = | 0.0% |
| Current assets | 29/58 | €117,776 | €156,861 | +€39,085 | +33.2% |
| Stocks and contracts in progress | 3 | €91,977 | €61,407 | -€30,570 | -33.2% |
| Stocks | 30/36 | €91,977 | €61,407 | -€30,570 | -33.2% |
| Amounts receivable within one year | 40/41 | €6,660 | €85,344 | +€78,684 | +1181.4% |
| Trade receivables | 40 | €6,660 | €79,011 | +€72,351 | +1086.3% |
| Other amounts receivable | 41 | - | €6,333 | +€6,333 | |
| Cash at bank and in hand | 54/58 | €17,895 | €6,668 | -€11,227 | -62.7% |
| Deferred charges and accrued income | 490/1 | €1,245 | €3,442 | +€2,198 | +176.5% |
| Total equity and liabilities | 10/49 | €127,244 | €176,899 | +€49,655 | +39.0% |
| Equity | 10/15 | €61,107 | €31,466 | -€29,640 | -48.5% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €2,231 | €2,231 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,231 | €2,231 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,231 | €2,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,565 | €6,925 | -€29,640 | -81.1% |
| Amounts payable | 17/49 | €66,138 | €145,433 | +€79,295 | +119.9% |
| Amounts payable within one year | 42/48 | €66,138 | €145,433 | +€79,295 | +119.9% |
| Trade debts | 44 | €42,854 | €119,670 | +€76,816 | +179.2% |
| Suppliers | 440/4 | €42,854 | €119,670 | +€76,816 | +179.2% |
| Advances received on contracts in progress | 46 | - | €8,864 | +€8,864 | |
| Taxes, remuneration and social security | 45 | €17,748 | €7,705 | -€10,043 | -56.6% |
| Taxes | 450/3 | €17,748 | €7,705 | -€10,043 | -56.6% |
| Other amounts payable | 47/48 | €5,535 | €9,194 | +€3,659 | +66.1% |
| Turnover | 70 | - | €326,419 | +€326,419 | |
| Non-recurring operating income | 76A | - | €1,710 | +€1,710 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €364,170 | +€364,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €2,939 | +€1,516 | +106.6% |
| Other operating charges | 640/8 | €9,770 | €2,504 | -€7,266 | -74.4% |
| Non-recurring operating charges | 66A | - | €5 | +€5 | |
| Gross operating margin | 9900 | €23,451 | -€13,757 | -€37,208 | |
| Operating profit (loss) | 9901 | €12,259 | -€19,205 | -€31,464 | |
| Financial income | 75/76B | €273 | €104 | -€169 | -62.0% |
| Recurring financial income | 75 | €273 | €104 | -€169 | -62.0% |
| Financial charges | 65/66B | €3,370 | €3,812 | +€442 | +13.1% |
| Recurring financial charges | 65 | €3,370 | €3,812 | +€442 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €9,162 | -€22,913 | -€32,075 | |
| Income taxes | 67/77 | €7,508 | €6,727 | -€781 | -10.4% |
| Profit (loss) for the period | 9904 | €1,654 | -€29,640 | -€31,294 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,654 | -€29,640 | -€31,294 |
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 7 October 2026 via checked.be.