IM-IS: 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.
IM-IS
Largest movements
- Stocks and contracts -€8,441
down €8,441 (-46.8%), from €18,038 to €9,597
- Receivables within one year -€1,180
down €1,180 (-12.3%), from €9,567 to €8,386
of which Trade receivables: -€1,372
- Cash +€1,009
up €1,009 (+4.6%), from €21,997 to €23,006
mainly Stocks and contracts (+€8,441) and Receivables within one year (+€1,180)
- Other debts -€7,993
down €7,993 (-38.4%), from €20,825 to €12,832
- Profit (loss) carried forward -€1,722
down €1,722 (-45.8%), from -€3,761 to -€5,483
- Accrued charges and deferred income +€878
up €878 (+15.0%), from €5,856 to €6,735
- Gross operating margin +€20,468
up €20,468, from -€19,526 to €942
- Other operating charges -€1,810
down €1,810 (-66.3%), from €2,728 to €919
- Depreciation -€871
down €871 (-46.9%), from €1,859 to €988
- Financial income -€455
down €455 (-39.1%), from €1,163 to €708
- Financial charges -€231
down €231 (-13.6%), from €1,696 to €1,465
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 | €52,352 | €43,808 | -€8,544 | -16.3% |
| Fixed assets | 21/28 | €1,264 | €1,131 | -€133 | -10.5% |
| Tangible fixed assets | 22/27 | €1,264 | €1,131 | -€133 | -10.5% |
| Plant, machinery and equipment | 23 | €228 | €81 | -€147 | -64.5% |
| Furniture and vehicles | 24 | €1,036 | €1,050 | +€14 | +1.4% |
| Current assets | 29/58 | €51,088 | €42,678 | -€8,410 | -16.5% |
| Stocks and contracts in progress | 3 | €18,038 | €9,597 | -€8,441 | -46.8% |
| Stocks | 30/36 | €18,038 | €9,597 | -€8,441 | -46.8% |
| Amounts receivable within one year | 40/41 | €9,567 | €8,386 | -€1,180 | -12.3% |
| Trade receivables | 40 | €8,885 | €7,513 | -€1,372 | -15.4% |
| Other amounts receivable | 41 | €682 | €874 | +€191 | +28.0% |
| Cash at bank and in hand | 54/58 | €21,997 | €23,006 | +€1,009 | +4.6% |
| Deferred charges and accrued income | 490/1 | €1,486 | €1,689 | +€202 | +13.6% |
| Total equity and liabilities | 10/49 | €52,352 | €43,808 | -€8,544 | -16.3% |
| Equity | 10/15 | €20,499 | €18,777 | -€1,722 | -8.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 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% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,761 | -€5,483 | -€1,722 | -45.8% |
| Amounts payable | 17/49 | €31,853 | €25,031 | -€6,822 | -21.4% |
| Amounts payable within one year | 42/48 | €25,997 | €18,297 | -€7,700 | -29.6% |
| Financial debts | 43 | €303 | €591 | +€287 | +94.8% |
| Other loans | 439 | €303 | €591 | +€287 | +94.8% |
| Trade debts | 44 | €2,965 | €2,653 | -€311 | -10.5% |
| Suppliers | 440/4 | €2,965 | €2,653 | -€311 | -10.5% |
| Taxes, remuneration and social security | 45 | €1,904 | €2,221 | +€317 | +16.6% |
| Taxes | 450/3 | €1,904 | €2,221 | +€317 | +16.6% |
| Other amounts payable | 47/48 | €20,825 | €12,832 | -€7,993 | -38.4% |
| Accrued charges and deferred income | 492/3 | €5,856 | €6,735 | +€878 | +15.0% |
| Non-recurring operating income | 76A | €150 | - | -€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,859 | €988 | -€871 | -46.9% |
| Other operating charges | 640/8 | €2,728 | €919 | -€1,810 | -66.3% |
| Gross operating margin | 9900 | -€19,526 | €942 | +€20,468 | |
| Operating profit (loss) | 9901 | -€24,113 | -€965 | +€23,149 | +96.0% |
| Financial income | 75/76B | €1,163 | €708 | -€455 | -39.1% |
| Recurring financial income | 75 | €1,163 | €708 | -€455 | -39.1% |
| Financial charges | 65/66B | €1,696 | €1,465 | -€231 | -13.6% |
| Recurring financial charges | 65 | €1,696 | €1,465 | -€231 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,646 | -€1,722 | +€22,924 | +93.0% |
| Profit (loss) for the period | 9904 | -€24,646 | -€1,722 | +€22,924 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,646 | -€1,722 | +€22,924 | +93.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.