ImagoSkills: 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.
ImagoSkills
Largest movements
- Tangible fixed assets -€9,059
down €9,059 (-22.3%), from €40,561 to €31,502
- Intangible fixed assets +€6,041
up €6,041 (+731%), from €826 to €6,868
- Cash +€3,853
up €3,853 (+74.9%), from €5,144 to €8,997
mainly Depreciation (+€10,698) and Tax, wage and social debts (+€2,672)
- Stocks and contracts +€600
new in 2025: €600
- Debts after one year -€4,418
down €4,418 (-13.6%), from €32,527 to €28,109
- Tax, wage and social debts +€2,672
up €2,672 (+82.4%), from €3,241 to €5,913
- Profit (loss) carried forward +€2,484
up €2,484 (+49.2%), from €5,052 to €7,536
- Current portion of long-term debt +€749
up €749 (+17.9%), from €4,178 to €4,927
- Other operating charges -€2,067
down €2,067 (-64.1%), from €3,224 to €1,157
- Depreciation +€1,905
up €1,905 (+21.7%), from €8,793 to €10,698
- Gross operating margin -€1,158
down €1,158 (-5.4%), from €21,291 to €20,133
- Taxes +€841
up €841 (+33.6%), from €2,500 to €3,341
- Financial charges +€759
up €759 (+44.1%), from €1,722 to €2,481
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 | €47,132 | €48,642 | +€1,510 | +3.2% |
| Fixed assets | 21/28 | €41,388 | €38,370 | -€3,018 | -7.3% |
| Intangible fixed assets | 21 | €826 | €6,868 | +€6,041 | +731% |
| Tangible fixed assets | 22/27 | €40,561 | €31,502 | -€9,059 | -22.3% |
| Furniture and vehicles | 24 | €40,561 | €31,502 | -€9,059 | -22.3% |
| Current assets | 29/58 | €5,744 | €10,272 | +€4,528 | +78.8% |
| Stocks and contracts in progress | 3 | - | €600 | +€600 | |
| Stocks | 30/36 | - | €600 | +€600 | |
| Amounts receivable within one year | 40/41 | €600 | €675 | +€75 | +12.5% |
| Trade receivables | 40 | €600 | €675 | +€75 | +12.5% |
| Cash at bank and in hand | 54/58 | €5,144 | €8,997 | +€3,853 | +74.9% |
| Total equity and liabilities | 10/49 | €47,132 | €48,642 | +€1,510 | +3.2% |
| Equity | 10/15 | €7,052 | €9,536 | +€2,484 | +35.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,052 | €7,536 | +€2,484 | +49.2% |
| Amounts payable | 17/49 | €40,080 | €39,106 | -€974 | -2.4% |
| Amounts payable after more than one year | 17 | €32,527 | €28,109 | -€4,418 | -13.6% |
| Financial debts | 170/4 | €32,527 | €28,109 | -€4,418 | -13.6% |
| Amounts payable within one year | 42/48 | €7,553 | €10,997 | +€3,444 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €4,178 | €4,927 | +€749 | +17.9% |
| Trade debts | 44 | €84 | €119 | +€36 | +42.5% |
| Suppliers | 440/4 | €84 | €119 | +€36 | +42.5% |
| Taxes, remuneration and social security | 45 | €3,241 | €5,913 | +€2,672 | +82.4% |
| Taxes | 450/3 | €3,241 | €5,913 | +€2,672 | +82.4% |
| Other amounts payable | 47/48 | €50 | €38 | -€12 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,793 | €10,698 | +€1,905 | +21.7% |
| Other operating charges | 640/8 | €3,224 | €1,157 | -€2,067 | -64.1% |
| Gross operating margin | 9900 | €21,291 | €20,133 | -€1,158 | -5.4% |
| Operating profit (loss) | 9901 | €9,274 | €8,278 | -€996 | -10.7% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €1,722 | €2,481 | +€759 | +44.1% |
| Recurring financial charges | 65 | €1,722 | €2,481 | +€759 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €7,552 | €5,825 | -€1,727 | -22.9% |
| Income taxes | 67/77 | €2,500 | €3,341 | +€841 | +33.6% |
| Profit (loss) for the period | 9904 | €5,052 | €2,484 | -€2,568 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,052 | €2,484 | -€2,568 | -50.8% |
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 14 October 2026 via checked.be.