iMago: 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.
iMago
Largest movements
- Receivables within one year -€5,344
down €5,344 (-24.9%), from €21,455 to €16,111
of which Trade receivables: -€5,917
- Tangible fixed assets -€2,636
down €2,636 (-45.9%), from €5,741 to €3,105
of which Furniture and vehicles: -€2,336
- Cash +€2,291
up €2,291 (+194.3%), from €1,179 to €3,470
mainly Receivables within one year (+€5,344) and Depreciation (+€2,636)
- Trade debts -€7,243
down €7,243 (-56.7%), from €12,779 to €5,535
- Tax, wage and social debts +€1,478
up €1,478 (+123.4%), from €1,198 to €2,677
- Gross operating margin -€3,171
down €3,171 (-43.3%), from €7,331 to €4,159
- Other operating charges -€1,829
down €1,829 (-82.5%), from €2,216 to €387
- Financial charges +€303
up €303 (+60.5%), from €500 to €803
- Taxes -€297
down €297 (-53.6%), from €555 to €257
- Depreciation +€120
up €120 (+4.8%), from €2,516 to €2,636
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,250 | €23,561 | -€5,690 | -19.5% |
| Fixed assets | 21/28 | €5,741 | €3,105 | -€2,636 | -45.9% |
| Tangible fixed assets | 22/27 | €5,741 | €3,105 | -€2,636 | -45.9% |
| Furniture and vehicles | 24 | €3,355 | €1,018 | -€2,336 | -69.6% |
| Other tangible fixed assets | 26 | €2,387 | €2,087 | -€300 | -12.6% |
| Current assets | 29/58 | €23,509 | €20,455 | -€3,053 | -13.0% |
| Amounts receivable within one year | 40/41 | €21,455 | €16,111 | -€5,344 | -24.9% |
| Trade receivables | 40 | €16,075 | €10,158 | -€5,917 | -36.8% |
| Other amounts receivable | 41 | €5,380 | €5,953 | +€573 | +10.6% |
| Cash at bank and in hand | 54/58 | €1,179 | €3,470 | +€2,291 | +194.3% |
| Deferred charges and accrued income | 490/1 | €875 | €875 | = | 0.0% |
| Total equity and liabilities | 10/49 | €29,250 | €23,561 | -€5,690 | -19.5% |
| Equity | 10/15 | €15,273 | €15,349 | +€75 | +0.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,273 | €11,349 | +€75 | +0.7% |
| Amounts payable | 17/49 | €13,977 | €8,212 | -€5,765 | -41.2% |
| Amounts payable within one year | 42/48 | €13,977 | €8,212 | -€5,765 | -41.2% |
| Trade debts | 44 | €12,779 | €5,535 | -€7,243 | -56.7% |
| Suppliers | 440/4 | €12,779 | €5,535 | -€7,243 | -56.7% |
| Taxes, remuneration and social security | 45 | €1,198 | €2,677 | +€1,478 | +123.4% |
| Taxes | 450/3 | €1,198 | €2,677 | +€1,478 | +123.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,516 | €2,636 | +€120 | +4.8% |
| Other operating charges | 640/8 | €2,216 | €387 | -€1,829 | -82.5% |
| Gross operating margin | 9900 | €7,331 | €4,159 | -€3,171 | -43.3% |
| Operating profit (loss) | 9901 | €2,598 | €1,136 | -€1,462 | -56.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €500 | €803 | +€303 | +60.5% |
| Recurring financial charges | 65 | €500 | €803 | +€303 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €2,098 | €333 | -€1,766 | -84.2% |
| Income taxes | 67/77 | €555 | €257 | -€297 | -53.6% |
| Profit (loss) for the period | 9904 | €1,544 | €75 | -€1,469 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,544 | €75 | -€1,469 | -95.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.