IMAGO IMAGINIS: 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 IMAGINIS
Largest movements
- Tangible fixed assets -€15,463
down €15,463 (-46.8%), from €33,054 to €17,591
- Cash -€14,351
down €14,351 (-84.0%), from €17,093 to €2,743
mainly Net result for the year (-€23,374) and Tax, wage and social debts (-€6,684)
- Receivables within one year +€818
up €818 (+7.0%), from €11,696 to €12,514
of which Other amounts receivable: +€1,275
- Intangible fixed assets -€776
down €776 (-30.6%), from €2,533 to €1,757
- Profit (loss) carried forward -€23,374
down €23,374 (-80.4%), from €29,087 to €5,713
- Tax, wage and social debts -€6,684
down €6,684 (-38.2%), from €17,491 to €10,806
of which Remuneration and social security: -€5,660
- Trade debts -€1,277
down €1,277 (-65.0%), from €1,966 to €689
- Other debts +€1,195
new in 2025: €1,195
- Gross operating margin -€18,618
down €18,618, from €13,944 to -€4,674
- Other operating charges +€510
up €510 (+35.1%), from €1,455 to €1,965
- Financial charges -€156
down €156 (-47.8%), from €325 to €170
- Depreciation +€139
up €139 (+0.9%), from €16,100 to €16,239
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 | €66,634 | €36,956 | -€29,678 | -44.5% |
| Fixed assets | 21/28 | €35,587 | €19,347 | -€16,239 | -45.6% |
| Intangible fixed assets | 21 | €2,533 | €1,757 | -€776 | -30.6% |
| Tangible fixed assets | 22/27 | €33,054 | €17,591 | -€15,463 | -46.8% |
| Furniture and vehicles | 24 | €33,054 | €17,591 | -€15,463 | -46.8% |
| Current assets | 29/58 | €31,047 | €17,608 | -€13,439 | -43.3% |
| Amounts receivable within one year | 40/41 | €11,696 | €12,514 | +€818 | +7.0% |
| Trade receivables | 40 | €9,017 | €8,561 | -€456 | -5.1% |
| Other amounts receivable | 41 | €2,679 | €3,954 | +€1,275 | +47.6% |
| Cash at bank and in hand | 54/58 | €17,093 | €2,743 | -€14,351 | -84.0% |
| Deferred charges and accrued income | 490/1 | €2,258 | €2,351 | +€93 | +4.1% |
| Total equity and liabilities | 10/49 | €66,634 | €36,956 | -€29,678 | -44.5% |
| Equity | 10/15 | €47,137 | €23,763 | -€23,374 | -49.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,850 | €11,850 | = | 0.0% |
| Distributable reserves | 133 | €11,850 | €11,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,087 | €5,713 | -€23,374 | -80.4% |
| Amounts payable | 17/49 | €19,498 | €13,193 | -€6,304 | -32.3% |
| Amounts payable within one year | 42/48 | €19,457 | €12,690 | -€6,767 | -34.8% |
| Trade debts | 44 | €1,966 | €689 | -€1,277 | -65.0% |
| Suppliers | 440/4 | €1,966 | €689 | -€1,277 | -65.0% |
| Taxes, remuneration and social security | 45 | €17,491 | €10,806 | -€6,684 | -38.2% |
| Taxes | 450/3 | €6,341 | €5,316 | -€1,024 | -16.2% |
| Remuneration and social security | 454/9 | €11,150 | €5,490 | -€5,660 | -50.8% |
| Other amounts payable | 47/48 | - | €1,195 | +€1,195 | |
| Accrued charges and deferred income | 492/3 | €41 | €504 | +€463 | +1,128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,100 | €16,239 | +€139 | +0.9% |
| Other operating charges | 640/8 | €1,455 | €1,965 | +€510 | +35.1% |
| Gross operating margin | 9900 | €13,944 | -€4,674 | -€18,618 | |
| Operating profit (loss) | 9901 | -€3,611 | -€22,879 | -€19,268 | -534% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €325 | €170 | -€156 | -47.8% |
| Recurring financial charges | 65 | €325 | €170 | -€156 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,929 | -€23,049 | -€19,119 | -487% |
| Income taxes | 67/77 | €321 | €325 | +€4 | +1.3% |
| Profit (loss) for the period | 9904 | -€4,250 | -€23,374 | -€19,123 | -450% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,250 | -€23,374 | -€19,123 | -450% |
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 27 October 2026 via checked.be.