Image Concepts: 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.
Image Concepts
Largest movements
- Cash -€6,685
down €6,685 (-10.7%), from €62,767 to €56,082
mainly Contributions, distributions and other (-€20,345) and Receivables within one year (-€503)
- Tangible fixed assets -€2,147
down €2,147 (-33.4%), from €6,436 to €4,289
of which Plant, machinery and equipment: -€1,193
- Reserves -€13,074
down €13,074 (-24.0%), from €54,491 to €41,417
of which Distributable reserves: -€13,074
- Other debts +€2,658
up €2,658 (+14.4%), from €18,437 to €21,095
- Tax, wage and social debts +€1,635
up €1,635 (+46.8%), from €3,494 to €5,129
of which Taxes: +€1,635
- Gross operating margin +€5,986
up €5,986 (+65.0%), from €9,203 to €15,189
- Taxes +€1,225
up €1,225 (+64.7%), from €1,893 to €3,119
- Depreciation +€818
up €818 (+61.6%), from €1,329 to €2,147
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 | €99,607 | €90,358 | -€9,249 | -9.3% |
| Fixed assets | 21/28 | €6,526 | €4,379 | -€2,147 | -32.9% |
| Tangible fixed assets | 22/27 | €6,436 | €4,289 | -€2,147 | -33.4% |
| Land and buildings | 22 | €409 | €386 | -€23 | -5.6% |
| Plant, machinery and equipment | 23 | €1,193 | €0 | -€1,193 | -100% |
| Other tangible fixed assets | 26 | €4,835 | €3,903 | -€932 | -19.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €93,081 | €85,979 | -€7,102 | -7.6% |
| Stocks and contracts in progress | 3 | €26,788 | €26,207 | -€581 | -2.2% |
| Stocks | 30/36 | €26,788 | €26,207 | -€581 | -2.2% |
| Amounts receivable within one year | 40/41 | €2,783 | €3,287 | +€503 | +18.1% |
| Trade receivables | 40 | €2,783 | €406 | -€2,378 | -85.4% |
| Other amounts receivable | 41 | - | €2,881 | +€2,881 | |
| Cash at bank and in hand | 54/58 | €62,767 | €56,082 | -€6,685 | -10.7% |
| Deferred charges and accrued income | 490/1 | €742 | €403 | -€339 | -45.7% |
| Total equity and liabilities | 10/49 | €99,607 | €90,358 | -€9,249 | -9.3% |
| Equity | 10/15 | €73,091 | €60,017 | -€13,074 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,491 | €41,417 | -€13,074 | -24.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €54,491 | €41,417 | -€13,074 | -24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,516 | €30,341 | +€3,825 | +14.4% |
| Amounts payable within one year | 42/48 | €26,516 | €30,341 | +€3,825 | +14.4% |
| Trade debts | 44 | €4,585 | €4,117 | -€468 | -10.2% |
| Suppliers | 440/4 | €4,585 | €4,117 | -€468 | -10.2% |
| Taxes, remuneration and social security | 45 | €3,494 | €5,129 | +€1,635 | +46.8% |
| Taxes | 450/3 | €2,592 | €4,227 | +€1,635 | +63.1% |
| Remuneration and social security | 454/9 | €902 | €902 | = | 0.0% |
| Other amounts payable | 47/48 | €18,437 | €21,095 | +€2,658 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,329 | €2,147 | +€818 | +61.6% |
| Other operating charges | 640/8 | €1,540 | €1,516 | -€24 | -1.6% |
| Gross operating margin | 9900 | €9,203 | €15,189 | +€5,986 | +65.0% |
| Operating profit (loss) | 9901 | €6,335 | €11,526 | +€5,192 | +82.0% |
| Financial income | 75/76B | €33 | €93 | +€60 | +182% |
| Recurring financial income | 75 | €33 | €93 | +€60 | +182% |
| Financial charges | 65/66B | €1,192 | €1,229 | +€37 | +3.1% |
| Recurring financial charges | 65 | €1,192 | €1,229 | +€37 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €5,175 | €10,390 | +€5,214 | +101% |
| Income taxes | 67/77 | €1,893 | €3,119 | +€1,225 | +64.7% |
| Profit (loss) for the period | 9904 | €3,282 | €7,271 | +€3,989 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €3,282 | €7,271 | +€3,989 | +122% |
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 18 October 2026 via checked.be.