IM RENOVATIONS: 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 RENOVATIONS
Largest movements
- Receivables within one year +€28,141
up €28,141 (+182%), from €15,459 to €43,600
of which Other amounts receivable: +€29,312
- Cash -€26,730
down €26,730 (-32.4%), from €82,380 to €55,650
mainly Receivables within one year (-€28,141) and Tax, wage and social debts (-€19,550)
- Tangible fixed assets +€1,584
up €1,584 (+6.2%), from €25,730 to €27,314
- Profit (loss) carried forward +€22,949
up €22,949 (+24.7%), from €93,019 to €115,968
- Tax, wage and social debts -€19,550
down €19,550 (-76.5%), from €25,550 to €6,000
- Turnover -€224,976
down €224,976 (-25.1%), from €895,000 to €670,024
- Purchases and services -€140,500
down €140,500 (-18.3%), from €769,400 to €628,900
- Gross operating margin -€84,476
down €84,476 (-67.3%), from €125,600 to €41,124
- Taxes -€18,620
down €18,620 (-76.0%), from €24,500 to €5,880
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 | €123,569 | €127,064 | +€3,495 | +2.8% |
| Fixed assets | 21/28 | €25,730 | €27,814 | +€2,084 | +8.1% |
| Tangible fixed assets | 22/27 | €25,730 | €27,314 | +€1,584 | +6.2% |
| Furniture and vehicles | 24 | €25,730 | €27,314 | +€1,584 | +6.2% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €97,839 | €99,250 | +€1,411 | +1.4% |
| Amounts receivable within one year | 40/41 | €15,459 | €43,600 | +€28,141 | +182% |
| Trade receivables | 40 | €1,171 | - | -€1,171 | |
| Other amounts receivable | 41 | €14,288 | €43,600 | +€29,312 | +205% |
| Cash at bank and in hand | 54/58 | €82,380 | €55,650 | -€26,730 | -32.4% |
| Total equity and liabilities | 10/49 | €123,569 | €127,064 | +€3,495 | +2.8% |
| Equity | 10/15 | €98,019 | €120,968 | +€22,949 | +23.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,019 | €115,968 | +€22,949 | +24.7% |
| Amounts payable | 17/49 | €25,550 | €6,096 | -€19,454 | -76.1% |
| Amounts payable within one year | 42/48 | €25,550 | €6,096 | -€19,454 | -76.1% |
| Trade debts | 44 | - | €96 | +€96 | |
| Suppliers | 440/4 | - | €96 | +€96 | |
| Taxes, remuneration and social security | 45 | €25,550 | €6,000 | -€19,550 | -76.5% |
| Taxes | 450/3 | €25,550 | €6,000 | -€19,550 | -76.5% |
| Turnover | 70 | €895,000 | €670,024 | -€224,976 | -25.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €769,400 | €628,900 | -€140,500 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,350 | €11,060 | +€3,710 | +50.5% |
| Other operating charges | 640/8 | €533 | €1,020 | +€487 | +91.3% |
| Gross operating margin | 9900 | €125,600 | €41,124 | -€84,476 | -67.3% |
| Operating profit (loss) | 9901 | €117,716 | €29,043 | -€88,673 | -75.3% |
| Financial charges | 65/66B | €197 | €214 | +€17 | +8.8% |
| Recurring financial charges | 65 | €197 | €214 | +€17 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €117,519 | €28,829 | -€88,690 | -75.5% |
| Income taxes | 67/77 | €24,500 | €5,880 | -€18,620 | -76.0% |
| Profit (loss) for the period | 9904 | €93,019 | €22,949 | -€70,070 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,019 | €22,949 | -€70,070 | -75.3% |
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 1 November 2026 via checked.be.