IMA Consult: 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.
IMA Consult
Largest movements
- Cash +€142,406
up €142,406 (+423%), from €33,644 to €176,049
mainly Net result for the year (+€70,006) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€17,620
down €17,620 (-52.2%), from €33,753 to €16,133
of which Trade receivables: -€17,620
- Tangible fixed assets -€7,968
down €7,968 (-22.0%), from €36,217 to €28,249
- Profit (loss) carried forward +€70,006
up €70,006 (+69.3%), from €100,981 to €170,987
- Debts after one year -€5,950
down €5,950 (-30.2%), from €19,697 to €13,746
- Other debts +€2,647
up €2,647, from €0 to €2,647
- Gross operating margin +€8,496
up €8,496 (+9.4%), from €90,439 to €98,935
- Taxes +€2,205
up €2,205 (+12.5%), from €17,616 to €19,822
- Financial income +€1,300
new in 2025: €1,300
- Depreciation +€1,093
up €1,093 (+14.1%), from €7,762 to €8,855
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 | €155,479 | €222,611 | +€67,132 | +43.2% |
| Fixed assets | 21/28 | €36,217 | €28,249 | -€7,968 | -22.0% |
| Tangible fixed assets | 22/27 | €36,217 | €28,249 | -€7,968 | -22.0% |
| Furniture and vehicles | 24 | €36,217 | €28,249 | -€7,968 | -22.0% |
| Current assets | 29/58 | €119,262 | €194,362 | +€75,100 | +63.0% |
| Amounts receivable within one year | 40/41 | €33,753 | €16,133 | -€17,620 | -52.2% |
| Trade receivables | 40 | €33,753 | €16,133 | -€17,620 | -52.2% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €33,644 | €176,049 | +€142,406 | +423% |
| Deferred charges and accrued income | 490/1 | €1,866 | €2,180 | +€314 | +16.8% |
| Total equity and liabilities | 10/49 | €155,479 | €222,611 | +€67,132 | +43.2% |
| Equity | 10/15 | €102,481 | €172,487 | +€70,006 | +68.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,981 | €170,987 | +€70,006 | +69.3% |
| Amounts payable | 17/49 | €52,998 | €50,125 | -€2,874 | -5.4% |
| Amounts payable after more than one year | 17 | €19,697 | €13,746 | -€5,950 | -30.2% |
| Financial debts | 170/4 | €19,697 | €13,746 | -€5,950 | -30.2% |
| Amounts payable within one year | 42/48 | €33,302 | €36,378 | +€3,076 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €5,715 | €5,950 | +€236 | +4.1% |
| Trade debts | 44 | €82 | €78 | -€4 | -4.3% |
| Suppliers | 440/4 | €82 | €78 | -€4 | -4.3% |
| Taxes, remuneration and social security | 45 | €27,505 | €27,703 | +€198 | +0.7% |
| Taxes | 450/3 | €26,505 | €27,703 | +€1,198 | +4.5% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €0 | €2,647 | +€2,647 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,762 | €8,855 | +€1,093 | +14.1% |
| Other operating charges | 640/8 | €1,293 | €407 | -€886 | -68.5% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €90,439 | €98,935 | +€8,496 | +9.4% |
| Operating profit (loss) | 9901 | €81,384 | €89,546 | +€8,162 | +10.0% |
| Financial income | 75/76B | - | €1,300 | +€1,300 | |
| Recurring financial income | 75 | - | €1,300 | +€1,300 | |
| Financial charges | 65/66B | €1,126 | €1,019 | -€107 | -9.5% |
| Recurring financial charges | 65 | €1,126 | €1,019 | -€107 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €80,258 | €89,828 | +€9,570 | +11.9% |
| Income taxes | 67/77 | €17,616 | €19,822 | +€2,205 | +12.5% |
| Profit (loss) for the period | 9904 | €62,641 | €70,006 | +€7,365 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,641 | €70,006 | +€7,365 | +11.8% |
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 25 October 2026 via checked.be.