IMANOR: 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.
IMANOR
Largest movements
- Cash -€13,261
down €13,261 (-19.7%), from €67,184 to €53,923
mainly Other debts (-€41,847) and Investment in fixed assets (net) (-€8,007)
- Receivables within one year -€9,255
down €9,255 (-65.9%), from €14,039 to €4,784
of which Trade receivables: -€10,535
- Tangible fixed assets -€2,360
down €2,360 (-10.2%), from €23,027 to €20,667
of which Plant, machinery and equipment: -€4,873
- Deferred charges and accrued income -€1,504
no longer reported in 2025 (was €1,504)
- Stocks and contracts +€1,341
up €1,341 (+21.4%), from €6,257 to €7,598
- Other debts -€41,847
down €41,847 (-94.9%), from €44,100 to €2,253
- Tax, wage and social debts +€13,262
up €13,262 (+277.2%), from €4,784 to €18,046
of which Remuneration and social security: +€12,214
- Reserves +€5,460
up €5,460 (+36.3%), from €15,029 to €20,489
- Trade debts -€1,914
down €1,914 (-6.2%), from €30,798 to €28,884
- Gross operating margin -€11,448
down €11,448 (-20.4%), from €56,185 to €44,737
- Taxes +€2,769
up €2,769 (+557.1%), from €497 to €3,266
- Staff costs -€2,349
down €2,349 (-8.6%), from €27,210 to €24,861
- Depreciation -€2,194
down €2,194 (-17.5%), from €12,561 to €10,367
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.
Cash bridge derived
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 | €113,311 | €88,272 | -€25,039 | -22.1% |
| Fixed assets | 21/28 | €24,327 | €21,967 | -€2,360 | -9.7% |
| Tangible fixed assets | 22/27 | €23,027 | €20,667 | -€2,360 | -10.2% |
| Plant, machinery and equipment | 23 | €9,550 | €4,677 | -€4,873 | -51.0% |
| Furniture and vehicles | 24 | €13,477 | €15,990 | +€2,513 | +18.6% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €88,984 | €66,305 | -€22,679 | -25.5% |
| Stocks and contracts in progress | 3 | €6,257 | €7,598 | +€1,341 | +21.4% |
| Stocks | 30/36 | €6,257 | €7,598 | +€1,341 | +21.4% |
| Amounts receivable within one year | 40/41 | €14,039 | €4,784 | -€9,255 | -65.9% |
| Trade receivables | 40 | €11,000 | €465 | -€10,535 | -95.8% |
| Other amounts receivable | 41 | €3,039 | €4,319 | +€1,280 | +42.1% |
| Cash at bank and in hand | 54/58 | €67,184 | €53,923 | -€13,261 | -19.7% |
| Deferred charges and accrued income | 490/1 | €1,504 | - | -€1,504 | |
| Total equity and liabilities | 10/49 | €113,311 | €88,272 | -€25,039 | -22.1% |
| Equity | 10/15 | €33,629 | €39,089 | +€5,460 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,029 | €20,489 | +€5,460 | +36.3% |
| Distributable reserves | 133 | €15,029 | €20,489 | +€5,460 | +36.3% |
| Amounts payable | 17/49 | €79,682 | €49,183 | -€30,499 | -38.3% |
| Amounts payable within one year | 42/48 | €79,682 | €49,183 | -€30,499 | -38.3% |
| Trade debts | 44 | €30,798 | €28,884 | -€1,914 | -6.2% |
| Suppliers | 440/4 | €30,798 | €28,884 | -€1,914 | -6.2% |
| Taxes, remuneration and social security | 45 | €4,784 | €18,046 | +€13,262 | +277.2% |
| Taxes | 450/3 | €3,882 | €4,930 | +€1,048 | +27.0% |
| Remuneration and social security | 454/9 | €902 | €13,116 | +€12,214 | +1354.1% |
| Other amounts payable | 47/48 | €44,100 | €2,253 | -€41,847 | -94.9% |
| Remuneration, social security and pensions | 62 | €27,210 | €24,861 | -€2,349 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,561 | €10,367 | -€2,194 | -17.5% |
| Other operating charges | 640/8 | €511 | €329 | -€182 | -35.6% |
| Gross operating margin | 9900 | €56,185 | €44,737 | -€11,448 | -20.4% |
| Operating profit (loss) | 9901 | €15,903 | €9,180 | -€6,723 | -42.3% |
| Financial charges | 65/66B | €478 | €454 | -€24 | -5.0% |
| Recurring financial charges | 65 | €478 | €454 | -€24 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €15,425 | €8,726 | -€6,699 | -43.4% |
| Income taxes | 67/77 | €497 | €3,266 | +€2,769 | +557.1% |
| Profit (loss) for the period | 9904 | €14,928 | €5,460 | -€9,468 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,928 | €5,460 | -€9,468 | -63.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.