IMAGINIST: 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.
IMAGINIST
Largest movements
- Receivables within one year +€10,391
up €10,391 (+403%), from €2,581 to €12,972
of which Trade receivables: +€11,601
- Tangible fixed assets -€3,975
down €3,975 (-3.5%), from €112,675 to €108,700
of which Land and buildings: -€4,099
- Profit (loss) carried forward +€13,254
up €13,254 (+56.9%), from -€23,311 to -€10,056
- Debts after one year -€6,000
down €6,000 (-7.3%), from €82,489 to €76,489
- Other debts -€5,673
down €5,673 (-23.0%), from €24,710 to €19,036
- Tax, wage and social debts +€5,344
up €5,344 (+274%), from €1,952 to €7,295
of which Taxes: +€4,867
- Trade debts -€2,747
down €2,747 (-88.4%), from €3,107 to €361
- Gross operating margin +€13,640
up €13,640 (+95.2%), from €14,323 to €27,963
- Taxes +€2,997
up €2,997 (+379%), from €790 to €3,786
- Other operating charges -€614
down €614 (-36.6%), from €1,680 to €1,066
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 | €116,770 | €123,017 | +€6,248 | +5.4% |
| Fixed assets | 21/28 | €113,125 | €109,150 | -€3,975 | -3.5% |
| Tangible fixed assets | 22/27 | €112,675 | €108,700 | -€3,975 | -3.5% |
| Land and buildings | 22 | €108,381 | €104,282 | -€4,099 | -3.8% |
| Furniture and vehicles | 24 | €4,294 | €4,418 | +€124 | +2.9% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €3,645 | €13,867 | +€10,222 | +280% |
| Stocks and contracts in progress | 3 | €491 | €491 | = | 0.0% |
| Stocks | 30/36 | €491 | €491 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,581 | €12,972 | +€10,391 | +403% |
| Trade receivables | 40 | €1,371 | €12,972 | +€11,601 | +846% |
| Other amounts receivable | 41 | €1,210 | - | -€1,210 | |
| Cash at bank and in hand | 54/58 | - | €363 | +€363 | |
| Deferred charges and accrued income | 490/1 | €573 | €41 | -€532 | -92.9% |
| Total equity and liabilities | 10/49 | €116,770 | €123,017 | +€6,248 | +5.4% |
| Equity | 10/15 | -€3,392 | €9,862 | +€13,254 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,319 | €1,319 | = | 0.0% |
| Distributable reserves | 133 | €1,319 | €1,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,311 | -€10,056 | +€13,254 | +56.9% |
| Amounts payable | 17/49 | €120,162 | €113,155 | -€7,007 | -5.8% |
| Amounts payable after more than one year | 17 | €82,489 | €76,489 | -€6,000 | -7.3% |
| Financial debts | 170/4 | €82,489 | €76,489 | -€6,000 | -7.3% |
| Amounts payable within one year | 42/48 | €37,673 | €36,666 | -€1,007 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €6,521 | €6,689 | +€168 | +2.6% |
| Financial debts | 43 | €1,383 | €3,285 | +€1,901 | +137% |
| Credit institutions | 430/8 | €1,383 | €3,285 | +€1,901 | +137% |
| Trade debts | 44 | €3,107 | €361 | -€2,747 | -88.4% |
| Suppliers | 440/4 | €3,107 | €361 | -€2,747 | -88.4% |
| Taxes, remuneration and social security | 45 | €1,952 | €7,295 | +€5,344 | +274% |
| Taxes | 450/3 | €987 | €5,854 | +€4,867 | +493% |
| Remuneration and social security | 454/9 | €965 | €1,441 | +€476 | +49.4% |
| Other amounts payable | 47/48 | €24,710 | €19,036 | -€5,673 | -23.0% |
| Non-recurring operating income | 76A | €620 | - | -€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,846 | €6,683 | -€163 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€252 | - | +€252 | |
| Other operating charges | 640/8 | €1,680 | €1,066 | -€614 | -36.6% |
| Gross operating margin | 9900 | €14,323 | €27,963 | +€13,640 | +95.2% |
| Operating profit (loss) | 9901 | €6,049 | €20,215 | +€14,166 | +234% |
| Financial income | 75/76B | €0 | €4 | +€4 | +10,450% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +10,450% |
| Financial charges | 65/66B | €3,219 | €3,178 | -€41 | -1.3% |
| Recurring financial charges | 65 | €3,219 | €3,178 | -€41 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €2,830 | €17,041 | +€14,211 | +502% |
| Income taxes | 67/77 | €790 | €3,786 | +€2,997 | +379% |
| Profit (loss) for the period | 9904 | €2,041 | €13,254 | +€11,214 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €2,041 | €13,254 | +€11,214 | +550% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.