IAMTEC: 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.
IAMTEC
Largest movements
- Financial fixed assets -€96,453
down €96,453 (-14.7%), from €654,787 to €558,333
- Receivables within one year +€8,278
up €8,278 (+19.2%), from €43,019 to €51,297
of which Other amounts receivable: +€8,278
- Debts after one year -€48,857
down €48,857 (-45.1%), from €108,241 to €59,384
- Other debts -€38,161
down €38,161 (-6.1%), from €621,072 to €582,912
- Profit (loss) carried forward +€37,121
up €37,121 (+15.8%), from -€234,383 to -€197,263
- Current portion of long-term debt -€36,154
down €36,154 (-41.5%), from €87,019 to €50,865
- Financial charges -€208,162
down €208,162 (-87.2%), from €238,678 to €30,517
of which Non-recurring financial charges: -€200,000
- Financial income +€60,470
up €60,470 (+551.2%), from €10,971 to €71,441
of which Non-recurring financial income: +€68,880
- Gross operating margin +€3,486
up €3,486 (+56.5%), from -€6,166 to -€2,680
- Other operating charges +€614
up €614 (+120.3%), from €510 to €1,124
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 | €702,334 | €609,661 | -€92,673 | -13.2% |
| Fixed assets | 21/28 | €654,787 | €558,333 | -€96,453 | -14.7% |
| Financial fixed assets | 28 | €654,787 | €558,333 | -€96,453 | -14.7% |
| Current assets | 29/58 | €47,547 | €51,328 | +€3,781 | +8.0% |
| Amounts receivable within one year | 40/41 | €43,019 | €51,297 | +€8,278 | +19.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €43,019 | €51,297 | +€8,278 | +19.2% |
| Cash at bank and in hand | 54/58 | €4,528 | €31 | -€4,498 | -99.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €702,334 | €609,661 | -€92,673 | -13.2% |
| Equity | 10/15 | -€126,804 | -€89,683 | +€37,121 | +29.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €46,080 | €46,080 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,350 | €2,350 | = | 0.0% |
| Legal reserve | 130 | €2,350 | €2,350 | = | 0.0% |
| Distributable reserves | 133 | €43,730 | €43,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,383 | -€197,263 | +€37,121 | +15.8% |
| Amounts payable | 17/49 | €829,137 | €699,344 | -€129,793 | -15.7% |
| Amounts payable after more than one year | 17 | €108,241 | €59,384 | -€48,857 | -45.1% |
| Financial debts | 170/4 | €108,241 | €59,384 | -€48,857 | -45.1% |
| Amounts payable within one year | 42/48 | €720,512 | €639,565 | -€80,947 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €87,019 | €50,865 | -€36,154 | -41.5% |
| Trade debts | 44 | €5,596 | €5,789 | +€193 | +3.4% |
| Suppliers | 440/4 | €5,596 | €5,789 | +€193 | +3.4% |
| Taxes, remuneration and social security | 45 | €6,824 | €0 | -€6,824 | -100.0% |
| Taxes | 450/3 | €6,824 | €0 | -€6,824 | -100.0% |
| Other amounts payable | 47/48 | €621,072 | €582,912 | -€38,161 | -6.1% |
| Accrued charges and deferred income | 492/3 | €384 | €395 | +€10 | +2.7% |
| Other operating charges | 640/8 | €510 | €1,124 | +€614 | +120.3% |
| Gross operating margin | 9900 | -€6,166 | -€2,680 | +€3,486 | +56.5% |
| Operating profit (loss) | 9901 | -€6,676 | -€3,804 | +€2,872 | +43.0% |
| Financial income | 75/76B | €10,971 | €71,441 | +€60,470 | +551.2% |
| Recurring financial income | 75 | €10,971 | €2,561 | -€8,410 | -76.7% |
| Non-recurring financial income | 76B | - | €68,880 | +€68,880 | |
| Financial charges | 65/66B | €238,678 | €30,517 | -€208,162 | -87.2% |
| Recurring financial charges | 65 | €38,678 | €30,517 | -€8,162 | -21.1% |
| Non-recurring financial charges | 66B | €200,000 | €0 | -€200,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€234,383 | €37,121 | +€271,504 | |
| Profit (loss) for the period | 9904 | -€234,383 | €37,121 | +€271,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€234,383 | €37,121 | +€271,504 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.