Imagini: 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.
Imagini
Largest movements
- Cash +€24,165
up €24,165 (+29.2%), from €82,781 to €106,946
mainly Other debts (+€96,271) and Net result for the year (+€69,640)
- Other debts +€96,271
new in 2025: €96,271
- Reserves -€76,498
down €76,498 (-100.0%), from €76,498 to €0
- Tax, wage and social debts +€5,264
up €5,264 (+110.2%), from €4,778 to €10,042
of which Remuneration and social security: +€3,291
- Trade debts -€1,488
down €1,488 (-6.4%), from €23,251 to €21,763
- Gross operating margin +€40,502
up €40,502 (+68.0%), from €59,586 to €100,088
- Taxes +€8,429
up €8,429 (+79.1%), from €10,658 to €19,087
- Financial charges -€1,403
down €1,403 (-15.8%), from €8,875 to €7,472
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 | €124,527 | €148,077 | +€23,550 | +18.9% |
| Fixed assets | 21/28 | €4,945 | €4,172 | -€773 | -15.6% |
| Tangible fixed assets | 22/27 | €4,945 | €4,172 | -€773 | -15.6% |
| Plant, machinery and equipment | 23 | €439 | €219 | -€220 | -50.1% |
| Furniture and vehicles | 24 | €4,505 | €3,953 | -€553 | -12.3% |
| Current assets | 29/58 | €119,582 | €143,905 | +€24,323 | +20.3% |
| Stocks and contracts in progress | 3 | €887 | €0 | -€887 | -100.0% |
| Stocks | 30/36 | €887 | €0 | -€887 | -100.0% |
| Amounts receivable within one year | 40/41 | €34,206 | €35,436 | +€1,230 | +3.6% |
| Trade receivables | 40 | €28,457 | €33,797 | +€5,340 | +18.8% |
| Other amounts receivable | 41 | €5,749 | €1,639 | -€4,110 | -71.5% |
| Cash at bank and in hand | 54/58 | €82,781 | €106,946 | +€24,165 | +29.2% |
| Deferred charges and accrued income | 490/1 | €1,707 | €1,523 | -€185 | -10.8% |
| Total equity and liabilities | 10/49 | €124,527 | €148,077 | +€23,550 | +18.9% |
| Equity | 10/15 | €96,498 | €20,000 | -€76,498 | -79.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €76,498 | €0 | -€76,498 | -100.0% |
| Distributable reserves | 133 | €76,498 | €0 | -€76,498 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,029 | €128,077 | +€100,048 | +356.9% |
| Amounts payable within one year | 42/48 | €28,029 | €128,077 | +€100,048 | +356.9% |
| Trade debts | 44 | €23,251 | €21,763 | -€1,488 | -6.4% |
| Suppliers | 440/4 | €23,251 | €21,763 | -€1,488 | -6.4% |
| Taxes, remuneration and social security | 45 | €4,778 | €10,042 | +€5,264 | +110.2% |
| Taxes | 450/3 | €4,778 | €6,751 | +€1,973 | +41.3% |
| Remuneration and social security | 454/9 | - | €3,291 | +€3,291 | |
| Other amounts payable | 47/48 | - | €96,271 | +€96,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €2,576 | +€351 | +15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €995 | €0 | -€995 | -100.0% |
| Other operating charges | 640/8 | €1,152 | €1,909 | +€757 | +65.6% |
| Gross operating margin | 9900 | €59,586 | €100,088 | +€40,502 | +68.0% |
| Operating profit (loss) | 9901 | €55,214 | €95,603 | +€40,390 | +73.2% |
| Financial income | 75/76B | €777 | €596 | -€181 | -23.3% |
| Recurring financial income | 75 | €777 | €596 | -€181 | -23.3% |
| Financial charges | 65/66B | €8,875 | €7,472 | -€1,403 | -15.8% |
| Recurring financial charges | 65 | €8,875 | €7,472 | -€1,403 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €47,115 | €88,727 | +€41,612 | +88.3% |
| Income taxes | 67/77 | €10,658 | €19,087 | +€8,429 | +79.1% |
| Profit (loss) for the period | 9904 | €36,457 | €69,640 | +€33,183 | +91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,457 | €69,640 | +€33,183 | +91.0% |
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 7 October 2026 via checked.be.