Imac: 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.
Imac
Largest movements
- Receivables within one year -€51,824
no longer reported in 2023 (was €51,824)
of which Trade receivables: -€34,750
- Tangible fixed assets -€8,500
down €8,500 (-6.1%), from €138,500 to €130,000
- Other debts -€43,719
down €43,719 (-13.9%), from €315,488 to €271,769
- Debts after one year -€26,019
down €26,019 (-46.0%), from €56,526 to €30,507
- Current portion of long-term debt +€12,775
up €12,775 (+240.2%), from €5,318 to €18,094
- Profit (loss) carried forward -€3,843
down €3,843 (-1.5%), from -€249,463 to -€253,306
- Depreciation -€15,941
down €15,941 (-65.2%), from €24,441 to €8,500
- Financial charges +€3,962
up €3,962 (+451.1%), from €878 to €4,840
of which Financial charges: +€3,982
- Gross operating margin +€787
up €787 (+7.0%), from €11,203 to €11,990
- Taxes -€728
no longer reported in 2023 (was €728)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,947 | €132,007 | -€60,940 | -31.6% |
| Fixed assets | 21/28 | €138,500 | €130,000 | -€8,500 | -6.1% |
| Tangible fixed assets | 22/27 | €138,500 | €130,000 | -€8,500 | -6.1% |
| Land and buildings | 22 | €138,500 | €130,000 | -€8,500 | -6.1% |
| Current assets | 29/58 | €54,447 | €2,007 | -€52,440 | -96.3% |
| Amounts receivable within one year | 40/41 | €51,824 | - | -€51,824 | |
| Trade receivables | 40 | €34,750 | - | -€34,750 | |
| Other amounts receivable | 41 | €17,074 | - | -€17,074 | |
| Cash at bank and in hand | 54/58 | €2,623 | €1,296 | -€1,327 | -50.6% |
| Deferred charges and accrued income | 490/1 | - | €711 | +€711 | |
| Total equity and liabilities | 10/49 | €192,947 | €132,007 | -€60,940 | -31.6% |
| Equity | 10/15 | -€185,346 | -€189,188 | -€3,843 | -2.1% |
| Contributions | 10/11 | €62,184 | €62,184 | = | 0.0% |
| Capital | 10 | €62,184 | €62,184 | = | 0.0% |
| Issued capital | 100 | €62,184 | €62,184 | = | 0.0% |
| Reserves | 13 | €1,933 | €1,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,933 | €1,933 | = | 0.0% |
| Legal reserve | 130 | €1,933 | €1,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,463 | -€253,306 | -€3,843 | -1.5% |
| Amounts payable | 17/49 | €378,293 | €321,195 | -€57,098 | -15.1% |
| Amounts payable after more than one year | 17 | €56,526 | €30,507 | -€26,019 | -46.0% |
| Financial debts | 170/4 | €56,526 | €30,507 | -€26,019 | -46.0% |
| Amounts payable within one year | 42/48 | €321,767 | €290,688 | -€31,078 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €5,318 | €18,094 | +€12,775 | +240.2% |
| Trade debts | 44 | €135 | - | -€135 | |
| Suppliers | 440/4 | €135 | - | -€135 | |
| Taxes, remuneration and social security | 45 | €826 | €826 | = | 0.0% |
| Taxes | 450/3 | €826 | €826 | = | 0.0% |
| Other amounts payable | 47/48 | €315,488 | €271,769 | -€43,719 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,441 | €8,500 | -€15,941 | -65.2% |
| Other operating charges | 640/8 | €1,728 | €1,677 | -€50 | -2.9% |
| Non-recurring operating charges | 66A | - | €815 | +€815 | |
| Gross operating margin | 9900 | €11,203 | €11,990 | +€787 | +7.0% |
| Operating profit (loss) | 9901 | -€14,966 | €998 | +€15,963 | |
| Financial charges | 65/66B | €878 | €4,840 | +€3,962 | +451.1% |
| Recurring financial charges | 65 | €825 | €4,807 | +€3,982 | +482.5% |
| Non-recurring financial charges | 66B | €53 | €33 | -€20 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,844 | -€3,843 | +€12,001 | +75.7% |
| Income taxes | 67/77 | €728 | - | -€728 | |
| Profit (loss) for the period | 9904 | -€16,572 | -€3,843 | +€12,730 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,572 | -€3,843 | +€12,730 | +76.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.