IMAGO GESTION: 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.
IMAGO GESTION
Largest movements
- Tangible fixed assets -€24,695
down €24,695 (-8.8%), from €280,849 to €256,154
of which Land and buildings: -€14,000
- Cash +€5,075
up €5,075 (+367%), from €1,384 to €6,458
mainly Other debts (+€68,000) and Depreciation (+€24,695)
- Other debts +€68,000
up €68,000 (+9.6%), from €708,738 to €776,738
- Profit (loss) carried forward -€54,952
down €54,952 (-8.3%), from -€665,526 to -€720,477
- Current portion of long-term debt -€27,280
down €27,280 (-91.4%), from €29,857 to €2,578
- Gross operating margin -€51,190
down €51,190, from €34,536 to -€16,654
- Financial charges -€1,595
down €1,595 (-59.5%), from €2,683 to €1,087
- Other operating charges +€488
up €488 (+4.1%), from €12,030 to €12,518
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 | €370,267 | €350,603 | -€19,664 | -5.3% |
| Fixed assets | 21/28 | €286,215 | €261,520 | -€24,695 | -8.6% |
| Tangible fixed assets | 22/27 | €280,849 | €256,154 | -€24,695 | -8.8% |
| Land and buildings | 22 | €262,483 | €248,483 | -€14,000 | -5.3% |
| Other tangible fixed assets | 26 | €18,366 | €7,670 | -€10,695 | -58.2% |
| Financial fixed assets | 28 | €5,366 | €5,366 | = | 0.0% |
| Current assets | 29/58 | €84,052 | €89,083 | +€5,031 | +6.0% |
| Amounts receivable within one year | 40/41 | €80,976 | €80,976 | = | 0.0% |
| Trade receivables | 40 | €80,976 | €80,976 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,384 | €6,458 | +€5,075 | +367% |
| Deferred charges and accrued income | 490/1 | €1,692 | €1,649 | -€43 | -2.6% |
| Total equity and liabilities | 10/49 | €370,267 | €350,603 | -€19,664 | -5.3% |
| Equity | 10/15 | -€501,916 | -€556,868 | -€54,952 | -10.9% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€665,526 | -€720,477 | -€54,952 | -8.3% |
| Amounts payable | 17/49 | €872,183 | €907,471 | +€35,288 | +4.0% |
| Amounts payable after more than one year | 17 | €2,578 | - | -€2,578 | |
| Financial debts | 170/4 | €2,578 | - | -€2,578 | |
| Amounts payable within one year | 42/48 | €869,605 | €907,471 | +€37,865 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €29,857 | €2,578 | -€27,280 | -91.4% |
| Financial debts | 43 | €2,660 | - | -€2,660 | |
| Credit institutions | 430/8 | €2,660 | - | -€2,660 | |
| Trade debts | 44 | €128,350 | €128,155 | -€195 | -0.2% |
| Suppliers | 440/4 | €128,350 | €128,155 | -€195 | -0.2% |
| Other amounts payable | 47/48 | €708,738 | €776,738 | +€68,000 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,695 | €24,695 | = | 0.0% |
| Other operating charges | 640/8 | €12,030 | €12,518 | +€488 | +4.1% |
| Gross operating margin | 9900 | €34,536 | -€16,654 | -€51,190 | |
| Operating profit (loss) | 9901 | -€2,190 | -€53,867 | -€51,678 | -2,360% |
| Financial income | 75/76B | €11 | €3 | -€7 | -70.0% |
| Recurring financial income | 75 | €11 | €3 | -€7 | -70.0% |
| Financial charges | 65/66B | €2,683 | €1,087 | -€1,595 | -59.5% |
| Recurring financial charges | 65 | €2,683 | €1,087 | -€1,595 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,862 | -€54,952 | -€50,090 | -1,030% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€4,864 | -€54,952 | -€50,087 | -1,030% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,864 | -€54,952 | -€50,087 | -1,030% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.