IM Schilderwerken: what changed
IM Schilderwerken
Largest movements
- Cash +€72,943
up €72,943 (+35.5%), from €205,649 to €278,592
mainly Net result for the year (+€109,431) and Other debts (+€15,554)
- Tangible fixed assets -€9,247
down €9,247 (-13.0%), from €71,056 to €61,809
of which Furniture and vehicles: -€10,958
- Receivables within one year -€4,381
down €4,381 (-4.8%), from €91,907 to €87,526
of which Trade receivables: -€3,184
- Reserves +€63,880
up €63,880 (+32.5%), from €196,668 to €260,548
of which Distributable reserves: +€63,880
- Trade debts -€22,168
down €22,168 (-31.3%), from €70,744 to €48,576
- Other debts +€15,554
up €15,554 (+47.6%), from €32,701 to €48,255
- Tax, wage and social debts +€12,966
up €12,966 (+61.1%), from €21,217 to €34,183
of which Taxes: +€12,442
- Debts after one year -€12,357
down €12,357 (-35.0%), from €35,258 to €22,901
- Gross operating margin +€93,432
up €93,432 (+62.2%), from €150,320 to €243,752
- Taxes +€22,659
up €22,659 (+95.4%), from €23,747 to €46,406
- Depreciation +€9,564
up €9,564 (+167%), from €5,714 to €15,278
- Staff costs +€8,058
up €8,058 (+13.0%), from €61,944 to €70,003
- Financial income -€6,603
down €6,603 (-80.9%), from €8,167 to €1,564
of which Non-recurring financial income: -€7,500
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 | €374,642 | €433,206 | +€58,564 | +15.6% |
| Fixed assets | 21/28 | €71,056 | €61,809 | -€9,247 | -13.0% |
| Tangible fixed assets | 22/27 | €71,056 | €61,809 | -€9,247 | -13.0% |
| Plant, machinery and equipment | 23 | €7,416 | €9,127 | +€1,711 | +23.1% |
| Furniture and vehicles | 24 | €63,640 | €52,683 | -€10,958 | -17.2% |
| Current assets | 29/58 | €303,586 | €371,396 | +€67,811 | +22.3% |
| Amounts receivable within one year | 40/41 | €91,907 | €87,526 | -€4,381 | -4.8% |
| Trade receivables | 40 | €79,771 | €76,588 | -€3,184 | -4.0% |
| Other amounts receivable | 41 | €12,136 | €10,939 | -€1,197 | -9.9% |
| Cash at bank and in hand | 54/58 | €205,649 | €278,592 | +€72,943 | +35.5% |
| Deferred charges and accrued income | 490/1 | €6,029 | €5,278 | -€752 | -12.5% |
| Total equity and liabilities | 10/49 | €374,642 | €433,206 | +€58,564 | +15.6% |
| Equity | 10/15 | €202,868 | €266,748 | +€63,880 | +31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,668 | €260,548 | +€63,880 | +32.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €194,808 | €258,688 | +€63,880 | +32.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €171,774 | €166,458 | -€5,316 | -3.1% |
| Amounts payable after more than one year | 17 | €35,258 | €22,901 | -€12,357 | -35.0% |
| Financial debts | 170/4 | €35,258 | €22,901 | -€12,357 | -35.0% |
| Amounts payable within one year | 42/48 | €136,516 | €143,371 | +€6,856 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €11,853 | €12,357 | +€504 | +4.2% |
| Trade debts | 44 | €70,744 | €48,576 | -€22,168 | -31.3% |
| Suppliers | 440/4 | €70,744 | €48,576 | -€22,168 | -31.3% |
| Taxes, remuneration and social security | 45 | €21,217 | €34,183 | +€12,966 | +61.1% |
| Taxes | 450/3 | €13,553 | €25,995 | +€12,442 | +91.8% |
| Remuneration and social security | 454/9 | €7,664 | €8,188 | +€524 | +6.8% |
| Other amounts payable | 47/48 | €32,701 | €48,255 | +€15,554 | +47.6% |
| Accrued charges and deferred income | 492/3 | - | €185 | +€185 | |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €61,944 | €70,003 | +€8,058 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €15,278 | +€9,564 | +167% |
| Other operating charges | 640/8 | €1,822 | €1,903 | +€80 | +4.4% |
| Gross operating margin | 9900 | €150,320 | €243,752 | +€93,432 | +62.2% |
| Operating profit (loss) | 9901 | €80,840 | €156,570 | +€75,730 | +93.7% |
| Financial income | 75/76B | €8,167 | €1,564 | -€6,603 | -80.9% |
| Recurring financial income | 75 | €667 | €1,564 | +€897 | +134% |
| Non-recurring financial income | 76B | €7,500 | - | -€7,500 | |
| Financial charges | 65/66B | €1,341 | €2,296 | +€955 | +71.2% |
| Recurring financial charges | 65 | €1,341 | €2,296 | +€955 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | €87,666 | €155,838 | +€68,172 | +77.8% |
| Income taxes | 67/77 | €23,747 | €46,406 | +€22,659 | +95.4% |
| Profit (loss) for the period | 9904 | €63,919 | €109,431 | +€45,512 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,919 | €109,431 | +€45,512 | +71.2% |
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 2 November 2026 via checked.be.