I2M: what changed
Two fiscal 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.
I2M
Largest movements
- Stocks and contracts -€157,508
down €157,508 (-66.4%), from €237,198 to €79,690
- Cash +€117,547
up €117,547 (+1501.0%), from €7,831 to €125,378
mainly Stocks and contracts (+€157,508) and Other debts (+€4,643)
- Debts after one year -€26,250
down €26,250 (-10.6%), from €247,000 to €220,750
- Profit (loss) carried forward -€20,316
down €20,316 (-60.3%), from -€33,673 to -€53,989
- Other debts +€4,643
up €4,643 (+17.5%), from €26,606 to €31,249
- Gross operating margin -€38,810
down €38,810 (-1916.4%), from -€2,025 to -€40,835
- Financial income +€26,250
new in 2025: €26,250
of which Financial income: +€26,250
- Financial charges -€1,784
down €1,784 (-26.8%), from €6,669 to €4,884
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.
Cash bridge derived
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 | €245,084 | €205,083 | -€40,001 | -16.3% |
| Current assets | 29/58 | €245,084 | €205,083 | -€40,001 | -16.3% |
| Stocks and contracts in progress | 3 | €237,198 | €79,690 | -€157,508 | -66.4% |
| Stocks | 30/36 | €237,198 | €79,690 | -€157,508 | -66.4% |
| Amounts receivable within one year | 40/41 | €55 | €15 | -€40 | -72.9% |
| Other amounts receivable | 41 | €55 | €15 | -€40 | -72.9% |
| Cash at bank and in hand | 54/58 | €7,831 | €125,378 | +€117,547 | +1501.0% |
| Total equity and liabilities | 10/49 | €245,084 | €205,083 | -€40,001 | -16.3% |
| Equity | 10/15 | -€28,673 | -€48,989 | -€20,316 | -70.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,673 | -€53,989 | -€20,316 | -60.3% |
| Amounts payable | 17/49 | €273,756 | €254,071 | -€19,685 | -7.2% |
| Amounts payable after more than one year | 17 | €247,000 | €220,750 | -€26,250 | -10.6% |
| Other amounts payable | 178/9 | €247,000 | €220,750 | -€26,250 | -10.6% |
| Amounts payable within one year | 42/48 | €26,733 | €33,321 | +€6,589 | +24.6% |
| Trade debts | 44 | €127 | €2,073 | +€1,946 | +1531.5% |
| Suppliers | 440/4 | €127 | €2,073 | +€1,946 | +1531.5% |
| Other amounts payable | 47/48 | €26,606 | €31,249 | +€4,643 | +17.5% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€23 | -99.4% |
| Other operating charges | 640/8 | €1,164 | €847 | -€318 | -27.3% |
| Gross operating margin | 9900 | -€2,025 | -€40,835 | -€38,810 | -1916.4% |
| Operating profit (loss) | 9901 | -€3,189 | -€41,682 | -€38,492 | -1206.9% |
| Financial income | 75/76B | - | €26,250 | +€26,250 | |
| Recurring financial income | 75 | - | €26,250 | +€26,250 | |
| Non-recurring financial income | 76B | - | €26,250 | +€26,250 | |
| Financial charges | 65/66B | €6,669 | €4,884 | -€1,784 | -26.8% |
| Recurring financial charges | 65 | €6,669 | €4,884 | -€1,784 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,858 | -€20,316 | -€10,458 | -106.1% |
| Profit (loss) for the period | 9904 | -€9,858 | -€20,316 | -€10,458 | -106.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,858 | -€20,316 | -€10,458 | -106.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.