IM'S & IL'S: what changed
IM'S & IL'S
Largest movements
- Receivables within one year +€11,463
up €11,463 (+117%), from €9,803 to €21,266
- Cash -€4,495
down €4,495 (-75.5%), from €5,955 to €1,460
mainly Receivables within one year (-€11,463)
- Tangible fixed assets -€4,357
down €4,357 (-21.4%), from €20,359 to €16,002
of which Furniture and vehicles: -€4,272
- Profit (loss) carried forward +€2,610
up €2,610 (+7.6%), from €34,318 to €36,928
- Gross operating margin +€5,982
up €5,982 (+363%), from €1,646 to €7,629
- Depreciation +€4,357
new in 2025: €4,357
- Other operating charges -€673
no longer reported in 2025 (was €673)
- Staff costs +€661
new in 2025: €661
- Financial charges -€205
no longer reported in 2025 (was €205)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,118 | €38,728 | +€2,610 | +7.2% |
| Fixed assets | 21/28 | €20,359 | €16,002 | -€4,357 | -21.4% |
| Tangible fixed assets | 22/27 | €20,359 | €16,002 | -€4,357 | -21.4% |
| Plant, machinery and equipment | 23 | €85 | - | -€85 | |
| Furniture and vehicles | 24 | €20,274 | €16,002 | -€4,272 | -21.1% |
| Current assets | 29/58 | €15,758 | €22,726 | +€6,968 | +44.2% |
| Amounts receivable within one year | 40/41 | €9,803 | €21,266 | +€11,463 | +117% |
| Other amounts receivable | 41 | €9,803 | €21,266 | +€11,463 | +117% |
| Cash at bank and in hand | 54/58 | €5,955 | €1,460 | -€4,495 | -75.5% |
| Total equity and liabilities | 10/49 | €36,118 | €38,728 | +€2,610 | +7.2% |
| Equity | 10/15 | €36,118 | €38,728 | +€2,610 | +7.2% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Capital | 10 | €1,800 | - | -€1,800 | |
| Issued capital | 100 | €1,800 | - | -€1,800 | |
| Profit (loss) carried forward | 14 | €34,318 | €36,928 | +€2,610 | +7.6% |
| Remuneration, social security and pensions | 62 | - | €661 | +€661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,357 | +€4,357 | |
| Other operating charges | 640/8 | €673 | - | -€673 | |
| Gross operating margin | 9900 | €1,646 | €7,629 | +€5,982 | +363% |
| Operating profit (loss) | 9901 | €974 | €2,610 | +€1,637 | +168% |
| Financial charges | 65/66B | €205 | - | -€205 | |
| Recurring financial charges | 65 | €205 | - | -€205 | |
| Profit (loss) for the period before taxes | 9903 | €769 | €2,610 | +€1,842 | +240% |
| Profit (loss) for the period | 9904 | €769 | €2,610 | +€1,842 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €769 | €2,610 | +€1,842 | +240% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.