IMAGIBOLT: 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.
IMAGIBOLT
Largest movements
- Receivables within one year -€29,903
down €29,903 (-52.6%), from €56,841 to €26,939
- Cash +€25,349
up €25,349 (+42.7%), from €59,398 to €84,747
- Tangible fixed assets -€23,533
down €23,533 (-19.8%), from €119,083 to €95,550
of which Plant, machinery and equipment: -€26,740
- Profit (loss) carried forward +€27,894
up €27,894 (+178.3%), from €15,642 to €43,536
- Trade debts -€23,817
down €23,817 (-85.2%), from €27,961 to €4,144
- Debts after one year -€22,795
down €22,795 (-27.4%), from €83,287 to €60,492
- Current portion of long-term debt -€22,456
no longer reported in 2023 (was €22,456)
- Tax, wage and social debts +€13,564
up €13,564 (+107.9%), from €12,577 to €26,140
of which Remuneration and social security: +€9,514
- Gross operating margin +€45,734
up €45,734 (+369.1%), from €12,389 to €58,123
- Taxes +€9,792
up €9,792 (+4604.4%), from €213 to €10,005
- Depreciation +€2,505
up €2,505 (+22.7%), from €11,024 to €13,529
- Other operating charges -€615
down €615 (-48.1%), from €1,279 to €664
From the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,346 | €210,280 | -€28,066 | -11.8% |
| Fixed assets | 21/28 | €119,152 | €95,619 | -€23,533 | -19.8% |
| Tangible fixed assets | 22/27 | €119,083 | €95,550 | -€23,533 | -19.8% |
| Plant, machinery and equipment | 23 | €119,083 | €92,343 | -€26,740 | -22.5% |
| Furniture and vehicles | 24 | - | €3,207 | +€3,207 | |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €119,194 | €114,661 | -€4,533 | -3.8% |
| Stocks and contracts in progress | 3 | €8 | €8 | = | 0.0% |
| Stocks | 30/36 | €8 | €8 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,841 | €26,939 | -€29,903 | -52.6% |
| Trade receivables | 40 | €56,841 | €26,939 | -€29,903 | -52.6% |
| Cash at bank and in hand | 54/58 | €59,398 | €84,747 | +€25,349 | +42.7% |
| Deferred charges and accrued income | 490/1 | €2,947 | €2,967 | +€21 | +0.7% |
| Total equity and liabilities | 10/49 | €238,346 | €210,280 | -€28,066 | -11.8% |
| Equity | 10/15 | €86,184 | €114,078 | +€27,894 | +32.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,142 | €58,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €56,287 | €56,287 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,642 | €43,536 | +€27,894 | +178.3% |
| Amounts payable | 17/49 | €152,162 | €96,203 | -€55,959 | -36.8% |
| Amounts payable after more than one year | 17 | €83,287 | €60,492 | -€22,795 | -27.4% |
| Financial debts | 170/4 | €83,287 | €60,492 | -€22,795 | -27.4% |
| Amounts payable within one year | 42/48 | €68,875 | €35,710 | -€33,165 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €22,456 | - | -€22,456 | |
| Trade debts | 44 | €27,961 | €4,144 | -€23,817 | -85.2% |
| Suppliers | 440/4 | €27,961 | €4,144 | -€23,817 | -85.2% |
| Taxes, remuneration and social security | 45 | €12,577 | €26,140 | +€13,564 | +107.9% |
| Taxes | 450/3 | €9,940 | €13,990 | +€4,050 | +40.7% |
| Remuneration and social security | 454/9 | €2,636 | €12,150 | +€9,514 | +360.9% |
| Other amounts payable | 47/48 | €5,881 | €5,426 | -€455 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,024 | €13,529 | +€2,505 | +22.7% |
| Other operating charges | 640/8 | €1,279 | €664 | -€615 | -48.1% |
| Non-recurring operating charges | 66A | €11,024 | - | -€11,024 | |
| Gross operating margin | 9900 | €12,389 | €58,123 | +€45,734 | +369.1% |
| Operating profit (loss) | 9901 | -€10,938 | €43,929 | +€54,868 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,694 | €1,297 | -€397 | -23.4% |
| Recurring financial charges | 65 | €1,694 | €1,297 | -€397 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,633 | €42,632 | +€55,265 | |
| Income taxes | 67/77 | €213 | €10,005 | +€9,792 | +4604.4% |
| Profit (loss) for the period | 9904 | -€12,845 | €32,627 | +€45,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,845 | €32,627 | +€45,473 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 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.