IM-PROJET: 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-PROJET
Largest movements
- Deferred charges and accrued income -€330
no longer reported in 2025 (was €330)
- Tangible fixed assets -€165
no longer reported in 2025 (was €165)
- Cash -€136
down €136 (-27.2%), from €498 to €362
mainly Other debts (-€1,624) and Tax, wage and social debts (-€614)
- Profit (loss) carried forward +€1,942
up €1,942, from -€1,899 to €43
- Other debts -€1,624
down €1,624 (-66.1%), from €2,458 to €833
- Tax, wage and social debts -€614
down €614 (-87.8%), from €700 to €86
of which Remuneration and social security: -€700
- Trade debts -€333
no longer reported in 2025 (was €333)
- Gross operating margin -€620
down €620 (-16.8%), from €3,687 to €3,067
- Depreciation -€502
down €502 (-75.3%), from €667 to €165
- Other operating charges +€224
up €224 (+57.9%), from €387 to €611
- Taxes +€86
new in 2025: €86
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 | €2,592 | €1,962 | -€630 | -24.3% |
| Fixed assets | 21/28 | €1,765 | €1,600 | -€165 | -9.3% |
| Tangible fixed assets | 22/27 | €165 | - | -€165 | |
| Furniture and vehicles | 24 | €165 | - | -€165 | |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €828 | €362 | -€465 | -56.2% |
| Cash at bank and in hand | 54/58 | €498 | €362 | -€136 | -27.2% |
| Deferred charges and accrued income | 490/1 | €330 | - | -€330 | |
| Total equity and liabilities | 10/49 | €2,592 | €1,962 | -€630 | -24.3% |
| Equity | 10/15 | -€899 | €1,043 | +€1,942 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,899 | €43 | +€1,942 | |
| Amounts payable | 17/49 | €3,491 | €919 | -€2,572 | -73.7% |
| Amounts payable within one year | 42/48 | €3,491 | €919 | -€2,572 | -73.7% |
| Trade debts | 44 | €333 | - | -€333 | |
| Suppliers | 440/4 | €333 | - | -€333 | |
| Taxes, remuneration and social security | 45 | €700 | €86 | -€614 | -87.8% |
| Taxes | 450/3 | - | €86 | +€86 | |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Other amounts payable | 47/48 | €2,458 | €833 | -€1,624 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667 | €165 | -€502 | -75.3% |
| Other operating charges | 640/8 | €387 | €611 | +€224 | +57.9% |
| Gross operating margin | 9900 | €3,687 | €3,067 | -€620 | -16.8% |
| Operating profit (loss) | 9901 | €2,633 | €2,291 | -€342 | -13.0% |
| Financial charges | 65/66B | €269 | €263 | -€6 | -2.3% |
| Recurring financial charges | 65 | €269 | €263 | -€6 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €2,364 | €2,028 | -€336 | -14.2% |
| Income taxes | 67/77 | - | €86 | +€86 | |
| Profit (loss) for the period | 9904 | €2,364 | €1,942 | -€422 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,364 | €1,942 | -€422 | -17.8% |
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 8 October 2026 via checked.be.