I-magine Electro-Techniques: 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-magine Electro-Techniques
Largest movements
- Receivables within one year +€207,446
up €207,446 (+249%), from €83,196 to €290,642
of which Trade receivables: +€141,726
- Cash -€43,606
down €43,606 (-31.0%), from €140,586 to €96,980
mainly Receivables within one year (-€207,446) and Trade debts (-€13,833)
- Deferred charges and accrued income -€19,037
down €19,037 (-98.0%), from €19,429 to €391
- Tangible fixed assets -€16,933
down €16,933 (-43.6%), from €38,859 to €21,925
of which Furniture and vehicles: -€12,373
- Stocks and contracts -€9,480
down €9,480 (-58.4%), from €16,245 to €6,765
- Accrued charges and deferred income +€79,090
up €79,090 (+420%), from €18,850 to €97,939
- Profit (loss) carried forward +€45,401
up €45,401 (+20.3%), from €223,145 to €268,546
- Trade debts -€13,833
down €13,833 (-75.3%), from €18,365 to €4,533
- Tax, wage and social debts +€12,140
up €12,140 (+49.3%), from €24,626 to €36,766
of which Taxes: +€8,022
- Staff costs +€72,160
up €72,160 (+41.5%), from €173,680 to €245,840
- Gross operating margin -€60,192
down €60,192 (-15.5%), from €388,000 to €327,808
- Taxes -€31,108
down €31,108 (-70.5%), from €44,093 to €12,986
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 | €300,772 | €419,162 | +€118,390 | +39.4% |
| Fixed assets | 21/28 | €41,318 | €24,385 | -€16,933 | -41.0% |
| Tangible fixed assets | 22/27 | €38,859 | €21,925 | -€16,933 | -43.6% |
| Plant, machinery and equipment | 23 | €22,246 | €17,685 | -€4,561 | -20.5% |
| Furniture and vehicles | 24 | €16,613 | €4,240 | -€12,373 | -74.5% |
| Financial fixed assets | 28 | €2,459 | €2,459 | = | 0.0% |
| Current assets | 29/58 | €259,454 | €394,778 | +€135,323 | +52.2% |
| Stocks and contracts in progress | 3 | €16,245 | €6,765 | -€9,480 | -58.4% |
| Stocks | 30/36 | €16,245 | €6,765 | -€9,480 | -58.4% |
| Amounts receivable within one year | 40/41 | €83,196 | €290,642 | +€207,446 | +249% |
| Trade receivables | 40 | €60,938 | €202,664 | +€141,726 | +233% |
| Other amounts receivable | 41 | €22,258 | €87,977 | +€65,720 | +295% |
| Cash at bank and in hand | 54/58 | €140,586 | €96,980 | -€43,606 | -31.0% |
| Deferred charges and accrued income | 490/1 | €19,429 | €391 | -€19,037 | -98.0% |
| Total equity and liabilities | 10/49 | €300,772 | €419,162 | +€118,390 | +39.4% |
| Equity | 10/15 | €233,145 | €278,546 | +€45,401 | +19.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,145 | €268,546 | +€45,401 | +20.3% |
| Amounts payable | 17/49 | €67,628 | €140,616 | +€72,989 | +108% |
| Amounts payable after more than one year | 17 | €1,378 | - | -€1,378 | |
| Financial debts | 170/4 | €1,378 | - | -€1,378 | |
| Amounts payable within one year | 42/48 | €47,400 | €42,677 | -€4,723 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €4,080 | €1,378 | -€2,702 | -66.2% |
| Trade debts | 44 | €18,365 | €4,533 | -€13,833 | -75.3% |
| Suppliers | 440/4 | €18,365 | €4,533 | -€13,833 | -75.3% |
| Taxes, remuneration and social security | 45 | €24,626 | €36,766 | +€12,140 | +49.3% |
| Taxes | 450/3 | €14,093 | €22,115 | +€8,022 | +56.9% |
| Remuneration and social security | 454/9 | €10,533 | €14,651 | +€4,119 | +39.1% |
| Other amounts payable | 47/48 | €328 | - | -€328 | |
| Accrued charges and deferred income | 492/3 | €18,850 | €97,939 | +€79,090 | +420% |
| Remuneration, social security and pensions | 62 | €173,680 | €245,840 | +€72,160 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,274 | €17,189 | -€2,085 | -10.8% |
| Other operating charges | 640/8 | €2,353 | €3,480 | +€1,127 | +47.9% |
| Gross operating margin | 9900 | €388,000 | €327,808 | -€60,192 | -15.5% |
| Operating profit (loss) | 9901 | €192,693 | €61,300 | -€131,394 | -68.2% |
| Financial income | 75/76B | €769 | €2,921 | +€2,152 | +280% |
| Recurring financial income | 75 | €769 | €2,921 | +€2,152 | +280% |
| Financial charges | 65/66B | €7,246 | €5,834 | -€1,412 | -19.5% |
| Recurring financial charges | 65 | €7,246 | €5,834 | -€1,412 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €186,216 | €58,387 | -€127,829 | -68.6% |
| Income taxes | 67/77 | €44,093 | €12,986 | -€31,108 | -70.5% |
| Profit (loss) for the period | 9904 | €142,123 | €45,401 | -€96,722 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €142,123 | €45,401 | -€96,722 | -68.1% |
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 30 October 2026 via checked.be.