I.M.G. TEX: 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.G. TEX
Largest movements
- Tangible fixed assets -€4,641
down €4,641 (-5.0%), from €93,424 to €88,783
of which Land and buildings: -€4,641
- Receivables within one year -€1,281
down €1,281 (-15.6%), from €8,196 to €6,915
of which Other amounts receivable: -€1,330
- Debts after one year -€8,500
down €8,500 (-29.1%), from €29,174 to €20,674
- Other debts -€5,994
down €5,994 (-23.0%), from €26,007 to €20,013
- Reserves +€5,516
new in 2025: €5,516
- Tax, wage and social debts +€3,444
up €3,444 (+57.6%), from €5,975 to €9,418
- Short-term financial debts -€1,562
down €1,562 (-26.7%), from €5,843 to €4,280
- Purchases and services +€7,591
up €7,591 (+79.6%), from €9,539 to €17,130
- Gross operating margin -€2,542
down €2,542 (-12.9%), from €19,681 to €17,139
- Depreciation -€2,321
down €2,321 (-33.3%), from €6,962 to €4,641
- Taxes +€2,004
up €2,004 (+139%), from €1,440 to €3,444
- Financial charges -€2,003
down €2,003 (-50.8%), from €3,940 to €1,938
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 | €112,287 | €106,518 | -€5,769 | -5.1% |
| Fixed assets | 21/28 | €94,164 | €89,523 | -€4,641 | -4.9% |
| Tangible fixed assets | 22/27 | €93,424 | €88,783 | -€4,641 | -5.0% |
| Land and buildings | 22 | €93,424 | €88,783 | -€4,641 | -5.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €740 | €740 | = | 0.0% |
| Current assets | 29/58 | €18,124 | €16,996 | -€1,128 | -6.2% |
| Stocks and contracts in progress | 3 | €2,602 | €2,602 | = | 0.0% |
| Stocks | 30/36 | €2,602 | €2,602 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,196 | €6,915 | -€1,281 | -15.6% |
| Trade receivables | 40 | €6,020 | €6,070 | +€50 | +0.8% |
| Other amounts receivable | 41 | €2,176 | €846 | -€1,330 | -61.1% |
| Cash at bank and in hand | 54/58 | €3,696 | €3,556 | -€140 | -3.8% |
| Deferred charges and accrued income | 490/1 | €3,630 | €3,922 | +€292 | +8.0% |
| Total equity and liabilities | 10/49 | €112,287 | €106,518 | -€5,769 | -5.1% |
| Equity | 10/15 | €36,402 | €41,918 | +€5,516 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €5,516 | +€5,516 | |
| Distributable reserves | 133 | - | €5,516 | +€5,516 | |
| Profit (loss) carried forward | 14 | €17,802 | €17,802 | = | 0.0% |
| Amounts payable | 17/49 | €75,886 | €64,600 | -€11,286 | -14.9% |
| Amounts payable after more than one year | 17 | €29,174 | €20,674 | -€8,500 | -29.1% |
| Financial debts | 170/4 | €29,174 | €20,674 | -€8,500 | -29.1% |
| Amounts payable within one year | 42/48 | €46,712 | €43,926 | -€2,786 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €8,500 | €8,500 | = | 0.0% |
| Financial debts | 43 | €5,843 | €4,280 | -€1,562 | -26.7% |
| Credit institutions | 430/8 | €5,843 | €4,280 | -€1,562 | -26.7% |
| Trade debts | 44 | €387 | €1,715 | +€1,327 | +343% |
| Suppliers | 440/4 | €387 | €1,715 | +€1,327 | +343% |
| Taxes, remuneration and social security | 45 | €5,975 | €9,418 | +€3,444 | +57.6% |
| Taxes | 450/3 | €5,975 | €9,418 | +€3,444 | +57.6% |
| Other amounts payable | 47/48 | €26,007 | €20,013 | -€5,994 | -23.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €28,260 | €30,082 | +€1,822 | +6.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,539 | €17,130 | +€7,591 | +79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,962 | €4,641 | -€2,321 | -33.3% |
| Other operating charges | 640/8 | €3,530 | €1,606 | -€1,924 | -54.5% |
| Gross operating margin | 9900 | €19,681 | €17,139 | -€2,542 | -12.9% |
| Operating profit (loss) | 9901 | €9,190 | €10,892 | +€1,702 | +18.5% |
| Financial income | 75/76B | €20 | €6 | -€14 | -72.0% |
| Recurring financial income | 75 | €20 | €6 | -€14 | -72.0% |
| Financial charges | 65/66B | €3,940 | €1,938 | -€2,003 | -50.8% |
| Recurring financial charges | 65 | €3,940 | €1,938 | -€2,003 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €5,269 | €8,960 | +€3,691 | +70.0% |
| Income taxes | 67/77 | €1,440 | €3,444 | +€2,004 | +139% |
| Profit (loss) for the period | 9904 | €3,829 | €5,516 | +€1,687 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,829 | €5,516 | +€1,687 | +44.1% |
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 27 October 2026 via checked.be.