IMAGIX HUY: 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.
IMAGIX HUY
Largest movements
- Cash -€474,666
down €474,666 (-80.6%), from €588,726 to €114,060
mainly Debts after one year (-€549,050) and Trade debts (-€160,277)
- Tangible fixed assets -€214,073
down €214,073 (-11.2%), from €1.9m to €1.7m
of which Land and buildings: -€207,020
- Receivables within one year +€138,645
up €138,645 (+293%), from €47,318 to €185,963
of which Trade receivables: +€98,564
- Financial fixed assets +€53,246
new in 2025: €53,246
- Debts after one year -€549,050
down €549,050 (-40.2%), from €1.4m to €815,227
of which Other amounts payable: -€352,809
- Profit (loss) carried forward +€207,851
up €207,851 (+99.0%), from -€209,979 to -€2,129
- Trade debts -€160,277
down €160,277 (-44.4%), from €360,841 to €200,564
- Gross operating margin +€142,633
up €142,633 (+23.3%), from €611,702 to €754,335
- Depreciation -€27,997
down €27,997 (-10.9%), from €257,515 to €229,518
- Financial charges +€18,093
up €18,093 (+26.2%), from €68,948 to €87,040
of which Financial charges: +€18,093
- Staff costs +€10,194
up €10,194 (+5.6%), from €183,271 to €193,465
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 | €2,596,521 | €2,110,905 | -€485,616 | -18.7% |
| Fixed assets | 21/28 | €1,905,895 | €1,745,068 | -€160,827 | -8.4% |
| Tangible fixed assets | 22/27 | €1,905,895 | €1,691,822 | -€214,073 | -11.2% |
| Land and buildings | 22 | €1,887,457 | €1,680,436 | -€207,020 | -11.0% |
| Plant, machinery and equipment | 23 | €18,439 | €11,386 | -€7,052 | -38.2% |
| Financial fixed assets | 28 | - | €53,246 | +€53,246 | |
| Current assets | 29/58 | €690,626 | €365,837 | -€324,789 | -47.0% |
| Stocks and contracts in progress | 3 | €41,236 | €62,760 | +€21,524 | +52.2% |
| Stocks | 30/36 | €41,236 | €62,760 | +€21,524 | +52.2% |
| Amounts receivable within one year | 40/41 | €47,318 | €185,963 | +€138,645 | +293% |
| Trade receivables | 40 | €43,162 | €141,726 | +€98,564 | +228% |
| Other amounts receivable | 41 | €4,156 | €44,237 | +€40,082 | +964% |
| Cash at bank and in hand | 54/58 | €588,726 | €114,060 | -€474,666 | -80.6% |
| Deferred charges and accrued income | 490/1 | €13,346 | €3,053 | -€10,293 | -77.1% |
| Total equity and liabilities | 10/49 | €2,596,521 | €2,110,905 | -€485,616 | -18.7% |
| Equity | 10/15 | €523,568 | €731,419 | +€207,851 | +39.7% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €33,547 | €33,547 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,547 | €13,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,979 | -€2,129 | +€207,851 | +99.0% |
| Amounts payable | 17/49 | €2,072,954 | €1,379,486 | -€693,467 | -33.5% |
| Amounts payable after more than one year | 17 | €1,364,277 | €815,227 | -€549,050 | -40.2% |
| Financial debts | 170/4 | €1,011,468 | €815,227 | -€196,241 | -19.4% |
| Other amounts payable | 178/9 | €352,809 | €0 | -€352,809 | -100% |
| Amounts payable within one year | 42/48 | €636,093 | €466,683 | -€169,410 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €238,259 | €226,700 | -€11,559 | -4.9% |
| Financial debts | 43 | €119 | €0 | -€119 | -100% |
| Credit institutions | 430/8 | €119 | €0 | -€119 | -100% |
| Trade debts | 44 | €360,841 | €200,564 | -€160,277 | -44.4% |
| Suppliers | 440/4 | €360,841 | €200,564 | -€160,277 | -44.4% |
| Taxes, remuneration and social security | 45 | €36,875 | €39,419 | +€2,544 | +6.9% |
| Taxes | 450/3 | €7,338 | €6,413 | -€925 | -12.6% |
| Remuneration and social security | 454/9 | €29,537 | €33,005 | +€3,469 | +11.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €72,583 | €97,576 | +€24,993 | +34.4% |
| Non-recurring operating income | 76A | €892 | €30,798 | +€29,906 | +3,354% |
| Remuneration, social security and pensions | 62 | €183,271 | €193,465 | +€10,194 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257,515 | €229,518 | -€27,997 | -10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €131 | €3,705 | +€3,575 | +2,738% |
| Other operating charges | 640/8 | €33,781 | €32,911 | -€870 | -2.6% |
| Gross operating margin | 9900 | €611,702 | €754,335 | +€142,633 | +23.3% |
| Operating profit (loss) | 9901 | €137,005 | €294,735 | +€157,731 | +115% |
| Financial income | 75/76B | - | €156 | +€156 | |
| Recurring financial income | 75 | - | €156 | +€156 | |
| Financial charges | 65/66B | €68,948 | €87,040 | +€18,093 | +26.2% |
| Recurring financial charges | 65 | €68,948 | €87,040 | +€18,093 | +26.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €68,057 | €207,851 | +€139,794 | +205% |
| Profit (loss) for the period | 9904 | €68,057 | €207,851 | +€139,794 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €68,057 | €207,851 | +€139,794 | +205% |
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 19 October 2026 via checked.be.