IM.MOR - TILIMOR: 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.
IM.MOR - TILIMOR
Largest movements
- Receivables within one year -€64,891
down €64,891 (-88.5%), from €73,296 to €8,405
of which Trade receivables: -€73,283
- Tangible fixed assets -€24,050
down €24,050 (-10.8%), from €223,415 to €199,365
of which Plant, machinery and equipment: -€13,050
- Deferred charges and accrued income +€15,000
new in 2025: €15,000
- Other debts -€81,681
down €81,681 (-51.3%), from €159,345 to €77,663
- Trade debts +€61,153
up €61,153 (+286%), from €21,400 to €82,553
- Profit (loss) carried forward -€25,538
down €25,538 (-123%), from -€20,761 to -€46,299
- Accrued charges and deferred income -€19,175
no longer reported in 2025 (was €19,175)
- Reserves -€4,267
down €4,267 (-10.8%), from €39,687 to €35,420
- Depreciation -€24,535
down €24,535 (-50.5%), from €48,585 to €24,050
- Financial charges +€3,983
up €3,983 (+50.5%), from €7,892 to €11,874
- Gross operating margin -€253
down €253 (-4.7%), from €5,350 to €5,097
- Financial income -€191
no longer reported in 2025 (was €191)
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 | €296,725 | €223,117 | -€73,608 | -24.8% |
| Fixed assets | 21/28 | €223,415 | €199,365 | -€24,050 | -10.8% |
| Tangible fixed assets | 22/27 | €223,415 | €199,365 | -€24,050 | -10.8% |
| Plant, machinery and equipment | 23 | €121,230 | €108,180 | -€13,050 | -10.8% |
| Furniture and vehicles | 24 | €102,186 | €91,186 | -€11,000 | -10.8% |
| Current assets | 29/58 | €73,310 | €23,752 | -€49,558 | -67.6% |
| Amounts receivable within one year | 40/41 | €73,296 | €8,405 | -€64,891 | -88.5% |
| Trade receivables | 40 | €73,283 | - | -€73,283 | |
| Other amounts receivable | 41 | €13 | €8,405 | +€8,392 | +64,551% |
| Cash at bank and in hand | 54/58 | €14 | €347 | +€333 | +2,363% |
| Deferred charges and accrued income | 490/1 | - | €15,000 | +€15,000 | |
| Total equity and liabilities | 10/49 | €296,725 | €223,117 | -€73,608 | -24.8% |
| Equity | 10/15 | €80,899 | €51,094 | -€29,805 | -36.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €39,687 | €35,420 | -€4,267 | -10.8% |
| Tax-exempt reserves | 132 | €39,687 | €35,420 | -€4,267 | -10.8% |
| Profit (loss) carried forward | 14 | -€20,761 | -€46,299 | -€25,538 | -123% |
| Provisions and deferred taxes | 16 | €13,229 | €11,807 | -€1,422 | -10.8% |
| Deferred taxes | 168 | €13,229 | €11,807 | -€1,422 | -10.8% |
| Amounts payable | 17/49 | €202,597 | €160,217 | -€42,381 | -20.9% |
| Amounts payable within one year | 42/48 | €183,422 | €160,217 | -€23,205 | -12.7% |
| Trade debts | 44 | €21,400 | €82,553 | +€61,153 | +286% |
| Suppliers | 440/4 | €21,400 | €82,553 | +€61,153 | +286% |
| Taxes, remuneration and social security | 45 | €2,677 | - | -€2,677 | |
| Taxes | 450/3 | €2,677 | - | -€2,677 | |
| Other amounts payable | 47/48 | €159,345 | €77,663 | -€81,681 | -51.3% |
| Accrued charges and deferred income | 492/3 | €19,175 | - | -€19,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,585 | €24,050 | -€24,535 | -50.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €3,200 | - | -€3,200 | |
| Gross operating margin | 9900 | €5,350 | €5,097 | -€253 | -4.7% |
| Operating profit (loss) | 9901 | -€46,822 | -€19,353 | +€27,469 | +58.7% |
| Financial income | 75/76B | €191 | - | -€191 | |
| Recurring financial income | 75 | €191 | - | -€191 | |
| Financial charges | 65/66B | €7,892 | €11,874 | +€3,983 | +50.5% |
| Recurring financial charges | 65 | €7,892 | €11,874 | +€3,983 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | -€54,523 | -€31,227 | +€23,296 | +42.7% |
| Transfer from deferred taxes | 780 | €2,857 | €1,422 | -€1,435 | -50.2% |
| Profit (loss) for the period | 9904 | -€51,665 | -€29,805 | +€21,861 | +42.3% |
| Transfer from tax-exempt reserves | 789 | €8,572 | €4,267 | -€4,305 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,093 | -€25,538 | +€17,555 | +40.7% |
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 26 October 2026 via checked.be.