Imagine Microelectronics: 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.
Imagine Microelectronics
Largest movements
- Cash +€112,908
up €112,908 (+95.5%), from €118,264 to €231,172
mainly Accrued charges and deferred income (+€140,523) and Trade debts (+€45,812)
- Formation expenses -€19,384
down €19,384 (-34.3%), from €56,542 to €37,158
- Receivables within one year -€14,035
down €14,035 (-65.9%), from €21,290 to €7,255
of which Trade receivables: -€13,843
- Financial fixed assets +€3,640
new in 2025: €3,640
- Accrued charges and deferred income +€140,523
new in 2025: €140,523
- Profit (loss) carried forward -€103,205
down €103,205 (-668%), from -€15,450 to -€118,655
- Trade debts +€45,812
up €45,812 (+113%), from €40,545 to €86,357
- Purchases and services -€92,932
no longer reported in 2025 (was €92,932)
- Gross operating margin -€71,517
down €71,517 (-787%), from -€9,089 to -€80,606
- Turnover -€20,000
no longer reported in 2025 (was €20,000)
- Depreciation +€16,544
up €16,544 (+583%), from €2,840 to €19,384
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 | €196,095 | €279,225 | +€83,130 | +42.4% |
| Formation expenses | 20 | €56,542 | €37,158 | -€19,384 | -34.3% |
| Fixed assets | 21/28 | - | €3,640 | +€3,640 | |
| Financial fixed assets | 28 | - | €3,640 | +€3,640 | |
| Current assets | 29/58 | €139,554 | €238,427 | +€98,873 | +70.8% |
| Amounts receivable within one year | 40/41 | €21,290 | €7,255 | -€14,035 | -65.9% |
| Trade receivables | 40 | €13,843 | - | -€13,843 | |
| Other amounts receivable | 41 | €7,447 | €7,255 | -€192 | -2.6% |
| Cash at bank and in hand | 54/58 | €118,264 | €231,172 | +€112,908 | +95.5% |
| Total equity and liabilities | 10/49 | €196,095 | €279,225 | +€83,130 | +42.4% |
| Equity | 10/15 | €90,550 | -€12,655 | -€103,205 | |
| Contributions | 10/11 | €106,000 | €106,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,450 | -€118,655 | -€103,205 | -668% |
| Amounts payable | 17/49 | €105,545 | €291,880 | +€186,335 | +177% |
| Amounts payable after more than one year | 17 | €65,000 | €65,000 | = | 0.0% |
| Financial debts | 170/4 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,545 | €86,357 | +€45,812 | +113% |
| Trade debts | 44 | €40,545 | €86,357 | +€45,812 | +113% |
| Suppliers | 440/4 | €40,545 | €86,357 | +€45,812 | +113% |
| Accrued charges and deferred income | 492/3 | - | €140,523 | +€140,523 | |
| Turnover | 70 | €20,000 | - | -€20,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,932 | - | -€92,932 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,840 | €19,384 | +€16,544 | +583% |
| Other operating charges | 640/8 | €950 | €470 | -€480 | -50.5% |
| Gross operating margin | 9900 | -€9,089 | -€80,606 | -€71,517 | -787% |
| Operating profit (loss) | 9901 | -€12,880 | -€100,460 | -€87,580 | -680% |
| Financial charges | 65/66B | €2,570 | €2,745 | +€175 | +6.8% |
| Recurring financial charges | 65 | €2,570 | €2,745 | +€175 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,450 | -€103,205 | -€87,755 | -568% |
| Profit (loss) for the period | 9904 | -€15,450 | -€103,205 | -€87,755 | -568% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,450 | -€103,205 | -€87,755 | -568% |
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 17 October 2026 via checked.be.