I.M.B.H.: 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.
I.M.B.H.
Largest movements
- Tangible fixed assets -€127,402
down €127,402 (-88.5%), from €143,902 to €16,500
- Cash -€66,045
down €66,045 (-18.3%), from €361,260 to €295,215
mainly Debts after one year (-€278,328) and Receivables within one year (-€32,984)
- Receivables within one year +€32,984
up €32,984 (+5.1%), from €642,676 to €675,661
of which Other amounts receivable: +€36,984
- Debts after one year -€278,328
down €278,328 (-25.5%), from €1.1m to €812,934
- Profit (loss) carried forward +€107,490
up €107,490 (+14.4%), from -€748,643 to -€641,153
- Gross operating margin +€119,772
up €119,772, from -€4,725 to €115,046
- Other operating charges +€4,052
up €4,052 (+351%), from €1,154 to €5,206
- Depreciation -€1,787
down €1,787 (-30.3%), from €5,899 to €4,112
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 | €1,148,590 | €988,139 | -€160,451 | -14.0% |
| Fixed assets | 21/28 | €144,403 | €17,001 | -€127,402 | -88.2% |
| Tangible fixed assets | 22/27 | €143,902 | €16,500 | -€127,402 | -88.5% |
| Land and buildings | 22 | €143,902 | €16,500 | -€127,402 | -88.5% |
| Financial fixed assets | 28 | €501 | €501 | = | 0.0% |
| Current assets | 29/58 | €1,004,187 | €971,138 | -€33,049 | -3.3% |
| Amounts receivable within one year | 40/41 | €642,676 | €675,661 | +€32,984 | +5.1% |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €638,676 | €675,661 | +€36,984 | +5.8% |
| Cash at bank and in hand | 54/58 | €361,260 | €295,215 | -€66,045 | -18.3% |
| Deferred charges and accrued income | 490/1 | €250 | €262 | +€12 | +4.7% |
| Total equity and liabilities | 10/49 | €1,148,590 | €988,139 | -€160,451 | -14.0% |
| Equity | 10/15 | -€383,000 | -€275,510 | +€107,490 | +28.1% |
| Contributions | 10/11 | €365,643 | €365,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€748,643 | -€641,153 | +€107,490 | +14.4% |
| Amounts payable | 17/49 | €1,531,590 | €1,263,649 | -€267,941 | -17.5% |
| Amounts payable after more than one year | 17 | €1,091,262 | €812,934 | -€278,328 | -25.5% |
| Financial debts | 170/4 | €1,091,262 | €812,934 | -€278,328 | -25.5% |
| Amounts payable within one year | 42/48 | €440,328 | €450,715 | +€10,387 | +2.4% |
| Trade debts | 44 | €335 | €227 | -€108 | -32.3% |
| Suppliers | 440/4 | €335 | €227 | -€108 | -32.3% |
| Other amounts payable | 47/48 | €439,993 | €450,488 | +€10,496 | +2.4% |
| Non-recurring operating income | 76A | - | €116,985 | +€116,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,899 | €4,112 | -€1,787 | -30.3% |
| Other operating charges | 640/8 | €1,154 | €5,206 | +€4,052 | +351% |
| Gross operating margin | 9900 | -€4,725 | €115,046 | +€119,772 | |
| Operating profit (loss) | 9901 | -€11,778 | €105,728 | +€117,506 | |
| Financial income | 75/76B | €974 | €1,910 | +€936 | +96.2% |
| Recurring financial income | 75 | €974 | €1,910 | +€936 | +96.2% |
| Financial charges | 65/66B | €67 | €148 | +€81 | +120% |
| Recurring financial charges | 65 | €67 | €148 | +€81 | +120% |
| Profit (loss) for the period before taxes | 9903 | -€10,872 | €107,490 | +€118,362 | |
| Profit (loss) for the period | 9904 | -€10,872 | €107,490 | +€118,362 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,872 | €107,490 | +€118,362 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.