I.M.T.: 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.T.
Largest movements
- Cash +€39,203
up €39,203 (+129%), from €30,362 to €69,565
mainly Net result for the year (+€28,989) and Depreciation (+€13,429)
- Tangible fixed assets -€13,429
down €13,429 (-21.7%), from €62,008 to €48,579
- Reserves +€26,969
up €26,969, from €0 to €26,969
- Other debts -€2,775
down €2,775 (-5.8%), from €48,025 to €45,251
- Tax, wage and social debts +€2,128
up €2,128 (+119%), from €1,783 to €3,910
- Profit (loss) carried forward +€2,021
up €2,021, from -€2,021 to €0
- Accrued charges and deferred income -€1,396
down €1,396 (-43.7%), from €3,195 to €1,799
- Depreciation +€8,292
up €8,292 (+161%), from €5,137 to €13,429
- Gross operating margin -€6,371
down €6,371 (-9.9%), from €64,040 to €57,669
- Financial charges -€3,897
down €3,897 (-98.7%), from €3,947 to €50
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 | €102,983 | €129,929 | +€26,946 | +26.2% |
| Fixed assets | 21/28 | €62,008 | €48,579 | -€13,429 | -21.7% |
| Tangible fixed assets | 22/27 | €62,008 | €48,579 | -€13,429 | -21.7% |
| Furniture and vehicles | 24 | €62,008 | €48,579 | -€13,429 | -21.7% |
| Current assets | 29/58 | €40,975 | €81,350 | +€40,375 | +98.5% |
| Amounts receivable within one year | 40/41 | €10,613 | €11,785 | +€1,172 | +11.0% |
| Trade receivables | 40 | €8,004 | €7,754 | -€250 | -3.1% |
| Other amounts receivable | 41 | €2,609 | €4,031 | +€1,423 | +54.5% |
| Cash at bank and in hand | 54/58 | €30,362 | €69,565 | +€39,203 | +129% |
| Total equity and liabilities | 10/49 | €102,983 | €129,929 | +€26,946 | +26.2% |
| Equity | 10/15 | €49,979 | €78,969 | +€28,989 | +58.0% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Reserves | 13 | €0 | €26,969 | +€26,969 | |
| Distributable reserves | 133 | €0 | €26,969 | +€26,969 | |
| Profit (loss) carried forward | 14 | -€2,021 | €0 | +€2,021 | |
| Amounts payable | 17/49 | €53,003 | €50,961 | -€2,043 | -3.9% |
| Amounts payable within one year | 42/48 | €49,808 | €49,161 | -€647 | -1.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,783 | €3,910 | +€2,128 | +119% |
| Taxes | 450/3 | €1,783 | €3,910 | +€2,128 | +119% |
| Other amounts payable | 47/48 | €48,025 | €45,251 | -€2,775 | -5.8% |
| Accrued charges and deferred income | 492/3 | €3,195 | €1,799 | -€1,396 | -43.7% |
| Non-recurring operating income | 76A | €4,667 | €0 | -€4,667 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,137 | €13,429 | +€8,292 | +161% |
| Other operating charges | 640/8 | €1,070 | €1,232 | +€161 | +15.1% |
| Gross operating margin | 9900 | €64,040 | €57,669 | -€6,371 | -9.9% |
| Operating profit (loss) | 9901 | €57,833 | €43,008 | -€14,825 | -25.6% |
| Financial charges | 65/66B | €3,947 | €50 | -€3,897 | -98.7% |
| Recurring financial charges | 65 | €3,947 | €50 | -€3,897 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €53,885 | €42,958 | -€10,927 | -20.3% |
| Income taxes | 67/77 | €13,924 | €13,969 | +€45 | +0.3% |
| Profit (loss) for the period | 9904 | €39,961 | €28,989 | -€10,972 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,961 | €28,989 | -€10,972 | -27.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.