IM-prove: 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-prove
Largest movements
- Receivables within one year +€31,437
up €31,437 (+10,573%), from €297 to €31,734
of which Trade receivables: +€21,708
- Tangible fixed assets +€20,238
up €20,238 (+905%), from €2,237 to €22,475
- Cash -€20,198
down €20,198 (-68.3%), from €29,562 to €9,364
mainly Receivables within one year (-€31,437) and Investment in fixed assets (net) (-€22,316)
- Profit (loss) carried forward +€13,635
up €13,635 (+46.0%), from -€29,673 to -€16,038
- Other debts +€11,165
new in 2025: €11,165
- Tax, wage and social debts +€8,783
new in 2025: €8,783
- Trade debts -€2,106
down €2,106 (-19.4%), from €10,856 to €8,750
- Gross operating margin +€29,357
up €29,357, from -€8,287 to €21,070
- Taxes +€2,500
new in 2025: €2,500
- Financial income -€1,686
no longer reported in 2025 (was €1,686)
- Financial charges +€1,538
up €1,538 (+206%), from €748 to €2,286
- Depreciation +€658
up €658 (+46.4%), from €1,419 to €2,078
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 | €32,096 | €63,573 | +€31,477 | +98.1% |
| Fixed assets | 21/28 | €2,237 | €22,475 | +€20,238 | +905% |
| Tangible fixed assets | 22/27 | €2,237 | €22,475 | +€20,238 | +905% |
| Furniture and vehicles | 24 | €2,237 | €22,475 | +€20,238 | +905% |
| Current assets | 29/58 | €29,859 | €41,098 | +€11,239 | +37.6% |
| Amounts receivable within one year | 40/41 | €297 | €31,734 | +€31,437 | +10,573% |
| Trade receivables | 40 | - | €21,708 | +€21,708 | |
| Other amounts receivable | 41 | €297 | €10,026 | +€9,729 | +3,272% |
| Cash at bank and in hand | 54/58 | €29,562 | €9,364 | -€20,198 | -68.3% |
| Total equity and liabilities | 10/49 | €32,096 | €63,573 | +€31,477 | +98.1% |
| Equity | 10/15 | €21,240 | €34,876 | +€13,635 | +64.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €25,913 | €25,913 | = | 0.0% |
| Distributable reserves | 133 | €25,913 | €25,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,673 | -€16,038 | +€13,635 | +46.0% |
| Amounts payable | 17/49 | €10,856 | €28,698 | +€17,841 | +164% |
| Amounts payable within one year | 42/48 | €10,856 | €28,698 | +€17,841 | +164% |
| Trade debts | 44 | €10,856 | €8,750 | -€2,106 | -19.4% |
| Suppliers | 440/4 | €10,856 | €8,750 | -€2,106 | -19.4% |
| Taxes, remuneration and social security | 45 | - | €8,783 | +€8,783 | |
| Taxes | 450/3 | - | €8,783 | +€8,783 | |
| Other amounts payable | 47/48 | - | €11,165 | +€11,165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,419 | €2,078 | +€658 | +46.4% |
| Other operating charges | 640/8 | €387 | €571 | +€183 | +47.3% |
| Gross operating margin | 9900 | -€8,287 | €21,070 | +€29,357 | |
| Operating profit (loss) | 9901 | -€10,094 | €18,422 | +€28,515 | |
| Financial income | 75/76B | €1,686 | - | -€1,686 | |
| Recurring financial income | 75 | €1,686 | - | -€1,686 | |
| Financial charges | 65/66B | €748 | €2,286 | +€1,538 | +206% |
| Recurring financial charges | 65 | €748 | €2,286 | +€1,538 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€9,155 | €16,135 | +€25,290 | |
| Income taxes | 67/77 | - | €2,500 | +€2,500 | |
| Profit (loss) for the period | 9904 | -€9,155 | €13,635 | +€22,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,155 | €13,635 | +€22,790 |
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 21 October 2026 via checked.be.