IMAGINE-IT: 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-IT
Largest movements
- Receivables within one year -€9,330
down €9,330 (-53.9%), from €17,296 to €7,966
of which Trade receivables: -€8,859
- Cash -€2,147
down €2,147 (-5.7%), from €37,648 to €35,500
mainly Net result for the year (-€14,518) and Trade debts (-€12,846)
- Tax, wage and social debts +€16,313
up €16,313 (+3.1%), from €534,784 to €551,098
- Profit (loss) carried forward -€14,518
down €14,518 (-2.8%), from -€520,547 to -€535,065
- Trade debts -€12,846
down €12,846 (-54.3%), from €23,668 to €10,822
- Gross operating margin +€10,705
up €10,705, from -€9,406 to €1,300
- Taxes +€3,471
up €3,471 (+29.5%), from €11,783 to €15,254
- Financial income +€268
new in 2025: €268
- Financial charges +€218
up €218 (+101.6%), from €214 to €432
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 | €56,923 | €45,568 | -€11,354 | -19.9% |
| Fixed assets | 21/28 | €1,378 | €1,378 | = | 0.0% |
| Financial fixed assets | 28 | €1,378 | €1,378 | = | 0.0% |
| Current assets | 29/58 | €55,545 | €44,190 | -€11,354 | -20.4% |
| Amounts receivable within one year | 40/41 | €17,296 | €7,966 | -€9,330 | -53.9% |
| Trade receivables | 40 | €14,624 | €5,765 | -€8,859 | -60.6% |
| Other amounts receivable | 41 | €2,672 | €2,201 | -€471 | -17.6% |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €37,648 | €35,500 | -€2,147 | -5.7% |
| Deferred charges and accrued income | 490/1 | €601 | €724 | +€124 | +20.6% |
| Total equity and liabilities | 10/49 | €56,923 | €45,568 | -€11,354 | -19.9% |
| Equity | 10/15 | -€502,999 | -€517,517 | -€14,518 | -2.9% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €5,153 | €5,153 | = | 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% |
| Tax-exempt reserves | 132 | €3,293 | €3,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€520,547 | -€535,065 | -€14,518 | -2.8% |
| Amounts payable | 17/49 | €559,922 | €563,086 | +€3,164 | +0.6% |
| Amounts payable within one year | 42/48 | €559,922 | €563,086 | +€3,164 | +0.6% |
| Financial debts | 43 | €729 | €304 | -€424 | -58.2% |
| Credit institutions | 430/8 | €729 | €304 | -€424 | -58.2% |
| Trade debts | 44 | €23,668 | €10,822 | -€12,846 | -54.3% |
| Suppliers | 440/4 | €23,668 | €10,822 | -€12,846 | -54.3% |
| Taxes, remuneration and social security | 45 | €534,784 | €551,098 | +€16,313 | +3.1% |
| Taxes | 450/3 | €534,784 | €551,098 | +€16,313 | +3.1% |
| Other amounts payable | 47/48 | €741 | €861 | +€120 | +16.2% |
| Other operating charges | 640/8 | €418 | €400 | -€18 | -4.3% |
| Non-recurring operating charges | 66A | €2,315 | €0 | -€2,315 | -100.0% |
| Gross operating margin | 9900 | -€9,406 | €1,300 | +€10,705 | |
| Operating profit (loss) | 9901 | -€12,139 | €900 | +€13,039 | |
| Financial income | 75/76B | - | €268 | +€268 | |
| Recurring financial income | 75 | - | €268 | +€268 | |
| Financial charges | 65/66B | €214 | €432 | +€218 | +101.6% |
| Recurring financial charges | 65 | €214 | €432 | +€218 | +101.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,353 | €736 | +€13,089 | |
| Income taxes | 67/77 | €11,783 | €15,254 | +€3,471 | +29.5% |
| Profit (loss) for the period | 9904 | -€24,136 | -€14,518 | +€9,618 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,136 | -€14,518 | +€9,618 | +39.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.