IMABO: what changed
Two fiscal 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.
IMABO
Largest movements
- Tangible fixed assets -€31,278
down €31,278 (-10.1%), from €310,527 to €279,249
- Other debts -€28,089
down €28,089 (-63.1%), from €44,525 to €16,436
- Gross operating margin +€12,703
up €12,703 (+315.7%), from €4,024 to €16,727
- Financial charges +€1,859
up €1,859 (+2929.4%), from €63 to €1,923
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.
Cash bridge derived
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 | €361,601 | €334,701 | -€26,900 | -7.4% |
| Fixed assets | 21/28 | €310,527 | €279,249 | -€31,278 | -10.1% |
| Tangible fixed assets | 22/27 | €310,527 | €279,249 | -€31,278 | -10.1% |
| Land and buildings | 22 | €310,527 | €279,249 | -€31,278 | -10.1% |
| Current assets | 29/58 | €51,074 | €55,452 | +€4,378 | +8.6% |
| Cash at bank and in hand | 54/58 | €50,454 | €52,215 | +€1,761 | +3.5% |
| Deferred charges and accrued income | 490/1 | €619 | €3,237 | +€2,617 | +422.6% |
| Total equity and liabilities | 10/49 | €361,601 | €334,701 | -€26,900 | -7.4% |
| Equity | 10/15 | €195,347 | €197,166 | +€1,819 | +0.9% |
| Contributions | 10/11 | €134,783 | €134,783 | = | 0.0% |
| Reserves | 13 | €61,007 | €62,383 | +€1,375 | +2.3% |
| Tax-exempt reserves | 132 | €61,007 | €59,803 | -€1,204 | -2.0% |
| Distributable reserves | 133 | €0 | €2,580 | +€2,580 | |
| Profit (loss) carried forward | 14 | -€444 | €0 | +€444 | |
| Amounts payable | 17/49 | €166,254 | €137,535 | -€28,719 | -17.3% |
| Amounts payable after more than one year | 17 | €118,000 | €118,000 | = | 0.0% |
| Other amounts payable | 178/9 | €118,000 | €118,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,254 | €19,535 | -€28,719 | -59.5% |
| Trade debts | 44 | €3,729 | €3,099 | -€630 | -16.9% |
| Suppliers | 440/4 | €3,729 | €3,099 | -€630 | -16.9% |
| Other amounts payable | 47/48 | €44,525 | €16,436 | -€28,089 | -63.1% |
| Non-recurring operating income | 76A | - | €15,500 | +€15,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,278 | €9,278 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,565 | €3,707 | +€142 | +4.0% |
| Gross operating margin | 9900 | €4,024 | €16,727 | +€12,703 | +315.7% |
| Operating profit (loss) | 9901 | -€8,819 | €3,742 | +€12,560 | |
| Financial charges | 65/66B | €63 | €1,923 | +€1,859 | +2929.4% |
| Recurring financial charges | 65 | €63 | €1,923 | +€1,859 | +2929.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,882 | €1,819 | +€10,701 | |
| Profit (loss) for the period | 9904 | -€8,882 | €1,819 | +€10,701 | |
| Transfer from tax-exempt reserves | 789 | €1,204 | €1,204 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,678 | €3,023 | +€10,701 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.