IMAGE COMPUTING (BELGIUM): 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.
What changed
IMAGE COMPUTING (BELGIUM)
NACE 46.620, Wholesale of machine tools
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16,663
2024 · €369,111-€352,448
Equity
€42,599
2024 · €25,936+€16,663
Cash
€103,221
2024 · €116,186-€12,965
Balance sheet total
€3.7m
2024 · €3.7m-€75,960
Largest movements
Assets
- Tangible fixed assets -€89,899
down €89,899 (-2.9%), from €3.1m to €3.0m
of which Land and buildings: -€76,456
Equity and liabilities
- Debts after one year -€92,646
down €92,646 (-2.8%), from €3.3m to €3.2m
of which Financial debts: -€95,686
Income statement
- Gross operating margin -€443,642
down €443,642 (-70.7%), from €627,164 to €183,522
- Depreciation -€58,407
down €58,407 (-33.8%), from €172,957 to €114,550
- Financial charges -€24,687
down €24,687 (-37.4%), from €66,081 to €41,393
- Financial income +€8,449
up €8,449 (+1017.9%), from €830 to €9,279
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.
Result 2024
€369,111
Gross operating margin
-€443,642
Depreciation
+€58,407
Other operating charges
-€335
Financial income
+€8,449
Financial charges
+€24,687
Taxes
-€15
Result 2025
€16,663
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.
From operations
+€133,042
Investment
-€54,685
Financing
-€91,323
Cash 2024
€116,186
From operations (derived)
+€133,042
Net result for the year
+€16,663
Depreciation
+€114,550
Receivables within one year
+€2,355
Deferred charges and accrued income
+€775
Trade debts
-€4,035
Tax, wage and social debts
+€222
Other debts
+€8,159
Accrued charges and deferred income
-€5,646
Investment (derived)
-€54,685
Investment in fixed assets (net)
-€24,650
Current investments
-€30,034
Financing
-€91,323
Debts after one year
-€92,646
Short-term financial debts
+€1,323
Cash 2025
€103,221
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,747,956 | €3,671,996 | -€75,960 | -2.0% |
| Fixed assets | 21/28 | €3,121,466 | €3,031,566 | -€89,899 | -2.9% |
| Tangible fixed assets | 22/27 | €3,121,466 | €3,031,566 | -€89,899 | -2.9% |
| Land and buildings | 22 | €3,066,825 | €2,990,368 | -€76,456 | -2.5% |
| Plant, machinery and equipment | 23 | €48,380 | €37,200 | -€11,180 | -23.1% |
| Furniture and vehicles | 24 | €1,073 | €539 | -€533 | -49.7% |
| Other tangible fixed assets | 26 | €5,189 | €3,459 | -€1,729 | -33.3% |
| Current assets | 29/58 | €626,490 | €640,429 | +€13,940 | +2.2% |
| Amounts receivable within one year | 40/41 | €500,605 | €498,250 | -€2,355 | -0.5% |
| Trade receivables | 40 | €2,505 | €250 | -€2,255 | -90.0% |
| Other amounts receivable | 41 | €498,100 | €498,000 | -€100 | 0.0% |
| Current investments | 50/53 | €5,000 | €35,034 | +€30,034 | +600.7% |
| Cash at bank and in hand | 54/58 | €116,186 | €103,221 | -€12,965 | -11.2% |
| Deferred charges and accrued income | 490/1 | €4,699 | €3,924 | -€775 | -16.5% |
| Total equity and liabilities | 10/49 | €3,747,956 | €3,671,996 | -€75,960 | -2.0% |
| Equity | 10/15 | €25,936 | €42,599 | +€16,663 | +64.2% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €24,200 | €24,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,200 | €11,200 | = | 0.0% |
| Legal reserve | 130 | €11,200 | €11,200 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,264 | -€93,601 | +€16,663 | +15.1% |
| Amounts payable | 17/49 | €3,722,020 | €3,629,397 | -€92,623 | -2.5% |
| Amounts payable after more than one year | 17 | €3,279,880 | €3,187,234 | -€92,646 | -2.8% |
| Financial debts | 170/4 | €3,262,770 | €3,167,084 | -€95,686 | -2.9% |
| Other amounts payable | 178/9 | €17,110 | €20,150 | +€3,040 | +17.8% |
| Amounts payable within one year | 42/48 | €436,494 | €442,163 | +€5,669 | +1.3% |
| Financial debts | 43 | €104,236 | €105,559 | +€1,323 | +1.3% |
| Credit institutions | 430/8 | €104,236 | €105,559 | +€1,323 | +1.3% |
| Trade debts | 44 | €4,367 | €332 | -€4,035 | -92.4% |
| Suppliers | 440/4 | €4,367 | €332 | -€4,035 | -92.4% |
| Taxes, remuneration and social security | 45 | €18 | €241 | +€222 | +1202.1% |
| Taxes | 450/3 | €18 | €241 | +€222 | +1202.1% |
| Other amounts payable | 47/48 | €327,873 | €336,032 | +€8,159 | +2.5% |
| Accrued charges and deferred income | 492/3 | €5,646 | - | -€5,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,957 | €114,550 | -€58,407 | -33.8% |
| Other operating charges | 640/8 | €19,845 | €20,180 | +€335 | +1.7% |
| Gross operating margin | 9900 | €627,164 | €183,522 | -€443,642 | -70.7% |
| Operating profit (loss) | 9901 | €434,362 | €48,792 | -€385,570 | -88.8% |
| Financial income | 75/76B | €830 | €9,279 | +€8,449 | +1017.9% |
| Recurring financial income | 75 | €830 | €9,279 | +€8,449 | +1017.9% |
| Financial charges | 65/66B | €66,081 | €41,393 | -€24,687 | -37.4% |
| Recurring financial charges | 65 | €66,081 | €41,393 | -€24,687 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €369,111 | €16,678 | -€352,433 | -95.5% |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | €369,111 | €16,663 | -€352,448 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €369,111 | €16,663 | -€352,448 | -95.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.