IMAKRI: 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.
IMAKRI
Largest movements
- Receivables within one year +€21,814
up €21,814 (+20.0%), from €109,093 to €130,907
of which Other amounts receivable: +€65,414
- Tangible fixed assets -€10,117
down €10,117 (-55.9%), from €18,097 to €7,980
- Current investments -€7,036
down €7,036 (-10.8%), from €65,124 to €58,088
- Other debts +€180,000
new in 2025: €180,000
- Profit (loss) carried forward -€166,419
down €166,419 (-95.2%), from €174,802 to €8,382
- Tax, wage and social debts -€9,343
down €9,343 (-39.7%), from €23,505 to €14,162
- Gross operating margin -€96,544
down €96,544 (-82.5%), from €117,076 to €20,533
- Taxes -€21,596
down €21,596 (-82.2%), from €26,269 to €4,673
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 | €203,712 | €209,506 | +€5,794 | +2.8% |
| Fixed assets | 21/28 | €18,097 | €7,980 | -€10,117 | -55.9% |
| Tangible fixed assets | 22/27 | €18,097 | €7,980 | -€10,117 | -55.9% |
| Furniture and vehicles | 24 | €18,097 | €7,980 | -€10,117 | -55.9% |
| Current assets | 29/58 | €185,616 | €201,527 | +€15,911 | +8.6% |
| Amounts receivable within one year | 40/41 | €109,093 | €130,907 | +€21,814 | +20.0% |
| Trade receivables | 40 | €43,600 | - | -€43,600 | |
| Other amounts receivable | 41 | €65,493 | €130,907 | +€65,414 | +99.9% |
| Current investments | 50/53 | €65,124 | €58,088 | -€7,036 | -10.8% |
| Cash at bank and in hand | 54/58 | €11,250 | €12,532 | +€1,282 | +11.4% |
| Deferred charges and accrued income | 490/1 | €148 | - | -€148 | |
| Total equity and liabilities | 10/49 | €203,712 | €209,506 | +€5,794 | +2.8% |
| Equity | 10/15 | €179,802 | €13,382 | -€166,419 | -92.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,802 | €8,382 | -€166,419 | -95.2% |
| Amounts payable | 17/49 | €23,911 | €196,124 | +€172,213 | +720% |
| Amounts payable within one year | 42/48 | €23,911 | €196,124 | +€172,213 | +720% |
| Financial debts | 43 | - | €1,517 | +€1,517 | |
| Credit institutions | 430/8 | - | €1,517 | +€1,517 | |
| Trade debts | 44 | €405 | €444 | +€39 | +9.6% |
| Suppliers | 440/4 | €405 | €444 | +€39 | +9.6% |
| Taxes, remuneration and social security | 45 | €23,505 | €14,162 | -€9,343 | -39.7% |
| Taxes | 450/3 | €23,505 | €14,162 | -€9,343 | -39.7% |
| Other amounts payable | 47/48 | - | €180,000 | +€180,000 | |
| Non-recurring operating income | 76A | - | €708 | +€708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,213 | €1,325 | -€888 | -40.1% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €117,076 | €20,533 | -€96,544 | -82.5% |
| Operating profit (loss) | 9901 | €114,414 | €18,746 | -€95,668 | -83.6% |
| Financial income | 75/76B | €406 | €463 | +€56 | +13.9% |
| Recurring financial income | 75 | €406 | €463 | +€56 | +13.9% |
| Financial charges | 65/66B | €600 | €955 | +€355 | +59.1% |
| Recurring financial charges | 65 | €600 | €955 | +€355 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €114,220 | €18,254 | -€95,966 | -84.0% |
| Income taxes | 67/77 | €26,269 | €4,673 | -€21,596 | -82.2% |
| Profit (loss) for the period | 9904 | €87,951 | €13,581 | -€74,370 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,951 | €13,581 | -€74,370 | -84.6% |
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 17 October 2026 via checked.be.