I.M.D.P. MAINTENANCE: 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.D.P. MAINTENANCE
Largest movements
- Receivables within one year +€100,890
up €100,890 (+63.0%), from €160,111 to €261,001
of which Trade receivables: +€79,247
- Stocks and contracts -€80,850
down €80,850 (-72.9%), from €110,850 to €30,000
- Cash -€15,286
down €15,286 (-3.7%), from €408,684 to €393,399
mainly Receivables within one year (-€100,890) and Trade debts (-€63,186)
- Trade debts -€63,186
down €63,186 (-91.0%), from €69,448 to €6,262
- Reserves +€44,557
up €44,557 (+5.5%), from €805,449 to €850,006
of which Distributable reserves: +€44,557
- Other debts +€21,177
up €21,177 (+2,394%), from €885 to €22,062
- Gross operating margin -€146,653
down €146,653 (-48.1%), from €305,084 to €158,431
- Taxes -€50,398
down €50,398 (-73.9%), from €68,241 to €17,843
- Other operating charges +€6,832
up €6,832 (+78.8%), from €8,667 to €15,500
- Depreciation -€4,354
down €4,354 (-20.1%), from €21,700 to €17,346
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 | €962,235 | €963,245 | +€1,010 | +0.1% |
| Fixed assets | 21/28 | €91,001 | €88,625 | -€2,377 | -2.6% |
| Tangible fixed assets | 22/27 | €91,001 | €88,625 | -€2,377 | -2.6% |
| Land and buildings | 22 | €81,602 | €83,301 | +€1,699 | +2.1% |
| Plant, machinery and equipment | 23 | €5,676 | €2,944 | -€2,731 | -48.1% |
| Furniture and vehicles | 24 | €3,724 | €2,379 | -€1,344 | -36.1% |
| Current assets | 29/58 | €871,234 | €874,620 | +€3,387 | +0.4% |
| Stocks and contracts in progress | 3 | €110,850 | €30,000 | -€80,850 | -72.9% |
| Stocks | 30/36 | €110,850 | €30,000 | -€80,850 | -72.9% |
| Amounts receivable within one year | 40/41 | €160,111 | €261,001 | +€100,890 | +63.0% |
| Trade receivables | 40 | €111,087 | €190,334 | +€79,247 | +71.3% |
| Other amounts receivable | 41 | €49,024 | €70,667 | +€21,643 | +44.1% |
| Current investments | 50/53 | €188,000 | €188,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €408,684 | €393,399 | -€15,286 | -3.7% |
| Deferred charges and accrued income | 490/1 | €3,588 | €2,221 | -€1,368 | -38.1% |
| Total equity and liabilities | 10/49 | €962,235 | €963,245 | +€1,010 | +0.1% |
| Equity | 10/15 | €853,221 | €895,337 | +€42,116 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €805,449 | €850,006 | +€44,557 | +5.5% |
| Non-distributable reserves | 130/1 | €188,000 | €188,000 | = | 0.0% |
| Own shares acquired | 1312 | €188,000 | €188,000 | = | 0.0% |
| Distributable reserves | 133 | €617,449 | €662,006 | +€44,557 | +7.2% |
| Profit (loss) carried forward | 14 | €24,258 | €24,258 | = | 0.0% |
| Investment grants | 15 | €4,913 | €2,472 | -€2,441 | -49.7% |
| Amounts payable | 17/49 | €109,014 | €67,908 | -€41,106 | -37.7% |
| Amounts payable within one year | 42/48 | €109,006 | €67,908 | -€41,098 | -37.7% |
| Trade debts | 44 | €69,448 | €6,262 | -€63,186 | -91.0% |
| Suppliers | 440/4 | €69,448 | €6,262 | -€63,186 | -91.0% |
| Taxes, remuneration and social security | 45 | €38,674 | €39,585 | +€911 | +2.4% |
| Taxes | 450/3 | €32,039 | €32,525 | +€485 | +1.5% |
| Remuneration and social security | 454/9 | €6,634 | €7,060 | +€426 | +6.4% |
| Other amounts payable | 47/48 | €885 | €22,062 | +€21,177 | +2,394% |
| Accrued charges and deferred income | 492/3 | €8 | - | -€8 | |
| Remuneration, social security and pensions | 62 | €68,820 | €66,905 | -€1,915 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,700 | €17,346 | -€4,354 | -20.1% |
| Other operating charges | 640/8 | €8,667 | €15,500 | +€6,832 | +78.8% |
| Gross operating margin | 9900 | €305,084 | €158,431 | -€146,653 | -48.1% |
| Operating profit (loss) | 9901 | €205,896 | €58,679 | -€147,216 | -71.5% |
| Financial income | 75/76B | €6,338 | €3,909 | -€2,429 | -38.3% |
| Recurring financial income | 75 | €6,338 | €3,909 | -€2,429 | -38.3% |
| Financial charges | 65/66B | €178 | €189 | +€11 | +6.2% |
| Recurring financial charges | 65 | €178 | €189 | +€11 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €212,056 | €62,400 | -€149,657 | -70.6% |
| Income taxes | 67/77 | €68,241 | €17,843 | -€50,398 | -73.9% |
| Profit (loss) for the period | 9904 | €143,815 | €44,557 | -€99,258 | -69.0% |
| Transfer from tax-exempt reserves | 789 | €50,520 | - | -€50,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €194,335 | €44,557 | -€149,778 | -77.1% |
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 26 October 2026 via checked.be.