IMAGINE: 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.
IMAGINE
Largest movements
- Cash +€14,532
up €14,532 (+764.4%), from €1,901 to €16,433
mainly Other debts (+€9,861) and Tax, wage and social debts (+€3,559)
- Financial fixed assets +€1,250
up €1,250 (+138.9%), from €900 to €2,150
- Tangible fixed assets -€486
down €486 (-20.3%), from €2,399 to €1,913
- Other debts +€9,861
up €9,861 (+121.2%), from €8,136 to €17,997
- Tax, wage and social debts +€3,559
new in 2025: €3,559
- Profit (loss) carried forward +€1,510
up €1,510 (+6.5%), from -€23,396 to -€21,886
- Trade debts +€366
new in 2025: €366
- Taxes +€4,283
up €4,283 (+2728.0%), from €157 to €4,440
- Gross operating margin +€4,234
up €4,234 (+159.1%), from €2,662 to €6,896
- Depreciation +€457
up €457 (+1632.1%), from €28 to €485
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 | €5,200 | €20,496 | +€15,296 | +294.2% |
| Fixed assets | 21/28 | €3,299 | €4,063 | +€764 | +23.2% |
| Tangible fixed assets | 22/27 | €2,399 | €1,913 | -€486 | -20.3% |
| Furniture and vehicles | 24 | €2,399 | €1,913 | -€486 | -20.3% |
| Financial fixed assets | 28 | €900 | €2,150 | +€1,250 | +138.9% |
| Current assets | 29/58 | €1,901 | €16,433 | +€14,532 | +764.4% |
| Cash at bank and in hand | 54/58 | €1,901 | €16,433 | +€14,532 | +764.4% |
| Total equity and liabilities | 10/49 | €5,200 | €20,496 | +€15,296 | +294.2% |
| Equity | 10/15 | -€2,936 | -€1,426 | +€1,510 | +51.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,396 | -€21,886 | +€1,510 | +6.5% |
| Amounts payable | 17/49 | €8,136 | €21,922 | +€13,786 | +169.4% |
| Amounts payable within one year | 42/48 | €8,136 | €21,922 | +€13,786 | +169.4% |
| Trade debts | 44 | - | €366 | +€366 | |
| Suppliers | 440/4 | - | €366 | +€366 | |
| Taxes, remuneration and social security | 45 | - | €3,559 | +€3,559 | |
| Taxes | 450/3 | - | €3,559 | +€3,559 | |
| Other amounts payable | 47/48 | €8,136 | €17,997 | +€9,861 | +121.2% |
| Non-recurring operating income | 76A | - | €7,560 | +€7,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28 | €485 | +€457 | +1632.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €2,662 | €6,896 | +€4,234 | +159.1% |
| Operating profit (loss) | 9901 | €2,250 | €6,024 | +€3,774 | +167.7% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +7.2% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €2,181 | €5,950 | +€3,769 | +172.8% |
| Income taxes | 67/77 | €157 | €4,440 | +€4,283 | +2728.0% |
| Profit (loss) for the period | 9904 | €2,024 | €1,510 | -€514 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,024 | €1,510 | -€514 | -25.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.