I.M.O.B.: 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.O.B.
Largest movements
- Receivables within one year +€46,500
up €46,500 (+32.9%), from €141,540 to €188,040
of which Other amounts receivable: +€39,000
- Tangible fixed assets -€41,240
down €41,240 (-23.4%), from €176,195 to €134,954
- Cash -€9,283
down €9,283 (-35.0%), from €26,554 to €17,271
mainly Receivables within one year (-€46,500) and Debts after one year (-€42,888)
- Debts after one year -€42,888
down €42,888 (-13.8%), from €309,846 to €266,959
- Profit (loss) carried forward +€37,408
up €37,408 (+65.5%), from -€57,108 to -€19,700
- Depreciation -€34,098
down €34,098 (-45.3%), from €75,338 to €41,240
- Other operating charges -€1,042
down €1,042 (-7.3%), from €14,307 to €13,265
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 | €344,289 | €340,265 | -€4,024 | -1.2% |
| Fixed assets | 21/28 | €176,195 | €134,954 | -€41,240 | -23.4% |
| Tangible fixed assets | 22/27 | €176,195 | €134,954 | -€41,240 | -23.4% |
| Land and buildings | 22 | €176,195 | €134,954 | -€41,240 | -23.4% |
| Current assets | 29/58 | €168,094 | €205,311 | +€37,217 | +22.1% |
| Amounts receivable within one year | 40/41 | €141,540 | €188,040 | +€46,500 | +32.9% |
| Trade receivables | 40 | €141,540 | €149,040 | +€7,500 | +5.3% |
| Other amounts receivable | 41 | - | €39,000 | +€39,000 | |
| Cash at bank and in hand | 54/58 | €26,554 | €17,271 | -€9,283 | -35.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €344,289 | €340,265 | -€4,024 | -1.2% |
| Equity | 10/15 | -€7,827 | €29,581 | +€37,408 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,681 | €30,681 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,821 | €28,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,108 | -€19,700 | +€37,408 | +65.5% |
| Amounts payable | 17/49 | €352,116 | €310,685 | -€41,432 | -11.8% |
| Amounts payable after more than one year | 17 | €309,846 | €266,959 | -€42,888 | -13.8% |
| Financial debts | 170/4 | €309,846 | €266,959 | -€42,888 | -13.8% |
| Amounts payable within one year | 42/48 | €42,270 | €43,726 | +€1,456 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €42,267 | €42,888 | +€621 | +1.5% |
| Trade debts | 44 | €0 | €835 | +€835 | |
| Suppliers | 440/4 | €0 | €835 | +€835 | |
| Other amounts payable | 47/48 | €3 | €3 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,338 | €41,240 | -€34,098 | -45.3% |
| Other operating charges | 640/8 | €14,307 | €13,265 | -€1,042 | -7.3% |
| Gross operating margin | 9900 | €97,097 | €96,911 | -€187 | -0.2% |
| Operating profit (loss) | 9901 | €7,453 | €42,405 | +€34,952 | +469% |
| Financial charges | 65/66B | €5,594 | €4,997 | -€597 | -10.7% |
| Recurring financial charges | 65 | €5,594 | €4,997 | -€597 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,859 | €37,408 | +€35,549 | +1,913% |
| Profit (loss) for the period | 9904 | €1,859 | €37,408 | +€35,549 | +1,913% |
| Profit (loss) for the period to be appropriated | 9905 | €1,859 | €37,408 | +€35,549 | +1,913% |
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 20 October 2026 via checked.be.