IMABRU: 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.
IMABRU
Largest movements
- Tangible fixed assets -€60,776
down €60,776 (-13.1%), from €462,214 to €401,438
of which Land and buildings: -€59,288
- Profit (loss) carried forward -€64,159
down €64,159 (-50.5%), from -€127,077 to -€191,235
- Other debts +€44,347
up €44,347 (+573.3%), from €7,736 to €52,083
- Debts after one year -€42,660
down €42,660 (-18.6%), from €229,530 to €186,871
- Gross operating margin -€61,373
down €61,373 (-72.1%), from €85,133 to €23,760
- Other operating charges +€12,039
up €12,039 (+254.6%), from €4,729 to €16,768
- Depreciation -€11,433
down €11,433 (-15.0%), from €76,291 to €64,858
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 | €473,387 | €417,656 | -€55,731 | -11.8% |
| Fixed assets | 21/28 | €462,214 | €401,438 | -€60,776 | -13.1% |
| Tangible fixed assets | 22/27 | €462,214 | €401,438 | -€60,776 | -13.1% |
| Land and buildings | 22 | €457,929 | €398,641 | -€59,288 | -12.9% |
| Furniture and vehicles | 24 | €4,285 | €2,797 | -€1,488 | -34.7% |
| Current assets | 29/58 | €11,173 | €16,218 | +€5,045 | +45.2% |
| Amounts receivable within one year | 40/41 | - | €2,738 | +€2,738 | |
| Trade receivables | 40 | - | €2,738 | +€2,738 | |
| Cash at bank and in hand | 54/58 | €9,852 | €11,754 | +€1,902 | +19.3% |
| Deferred charges and accrued income | 490/1 | €1,321 | €1,726 | +€405 | +30.6% |
| Total equity and liabilities | 10/49 | €473,387 | €417,656 | -€55,731 | -11.8% |
| Equity | 10/15 | €182,790 | €118,631 | -€64,159 | -35.1% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,077 | -€191,235 | -€64,159 | -50.5% |
| Amounts payable | 17/49 | €290,597 | €299,025 | +€8,428 | +2.9% |
| Amounts payable after more than one year | 17 | €229,530 | €186,871 | -€42,660 | -18.6% |
| Financial debts | 170/4 | €229,530 | €186,871 | -€42,660 | -18.6% |
| Amounts payable within one year | 42/48 | €61,066 | €111,234 | +€50,168 | +82.2% |
| Current portion of amounts payable after more than one year | 42 | €41,381 | €42,690 | +€1,309 | +3.2% |
| Trade debts | 44 | €11,392 | €13,503 | +€2,111 | +18.5% |
| Suppliers | 440/4 | €11,392 | €13,503 | +€2,111 | +18.5% |
| Advances received on contracts in progress | 46 | €558 | €2,958 | +€2,400 | +430.3% |
| Other amounts payable | 47/48 | €7,736 | €52,083 | +€44,347 | +573.3% |
| Accrued charges and deferred income | 492/3 | - | €920 | +€920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,291 | €64,858 | -€11,433 | -15.0% |
| Other operating charges | 640/8 | €4,729 | €16,768 | +€12,039 | +254.6% |
| Gross operating margin | 9900 | €85,133 | €23,760 | -€61,373 | -72.1% |
| Operating profit (loss) | 9901 | €4,113 | -€57,865 | -€61,979 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,967 | €6,293 | -€673 | -9.7% |
| Recurring financial charges | 65 | €6,967 | €6,293 | -€673 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,853 | -€64,159 | -€61,306 | -2149.1% |
| Profit (loss) for the period | 9904 | -€2,853 | -€64,159 | -€61,306 | -2149.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,853 | -€64,159 | -€61,306 | -2149.1% |
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 2 October 2026 via checked.be.