IMAR: 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.
IMAR
Largest movements
- Cash +€3,051
up €3,051 (+687.8%), from €444 to €3,494
mainly Accrued charges and deferred income (+€4,679) and Depreciation (+€2,884)
- Tangible fixed assets -€2,884
down €2,884 (-1.6%), from €184,398 to €181,514
- Accrued charges and deferred income +€4,679
up €4,679 (+101.7%), from €4,599 to €9,278
- Profit (loss) carried forward -€2,607
down €2,607 (-7.3%), from -€35,758 to -€38,365
- Gross operating margin +€6,507
up €6,507 (+809.0%), from €804 to €7,311
- Financial charges +€428
up €428 (+9.9%), from €4,298 to €4,725
- Other operating charges +€84
up €84 (+3.8%), from €2,225 to €2,308
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 | €184,842 | €185,009 | +€167 | +0.1% |
| Fixed assets | 21/28 | €184,398 | €181,514 | -€2,884 | -1.6% |
| Tangible fixed assets | 22/27 | €184,398 | €181,514 | -€2,884 | -1.6% |
| Land and buildings | 22 | €184,398 | €181,514 | -€2,884 | -1.6% |
| Current assets | 29/58 | €444 | €3,494 | +€3,051 | +687.8% |
| Cash at bank and in hand | 54/58 | €444 | €3,494 | +€3,051 | +687.8% |
| Total equity and liabilities | 10/49 | €184,842 | €185,009 | +€167 | +0.1% |
| Equity | 10/15 | €38,272 | €35,666 | -€2,607 | -6.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €12,057 | €12,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €5,860 | €5,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,758 | -€38,365 | -€2,607 | -7.3% |
| Amounts payable | 17/49 | €146,569 | €149,343 | +€2,774 | +1.9% |
| Amounts payable within one year | 42/48 | €141,971 | €140,065 | -€1,905 | -1.3% |
| Trade debts | 44 | €421 | €0 | -€421 | -100.0% |
| Suppliers | 440/4 | €421 | €0 | -€421 | -100.0% |
| Other amounts payable | 47/48 | €141,550 | €140,065 | -€1,485 | -1.0% |
| Accrued charges and deferred income | 492/3 | €4,599 | €9,278 | +€4,679 | +101.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,884 | €2,884 | = | 0.0% |
| Other operating charges | 640/8 | €2,225 | €2,308 | +€84 | +3.8% |
| Gross operating margin | 9900 | €804 | €7,311 | +€6,507 | +809.0% |
| Operating profit (loss) | 9901 | -€4,304 | €2,119 | +€6,423 | |
| Financial charges | 65/66B | €4,298 | €4,725 | +€428 | +9.9% |
| Recurring financial charges | 65 | €4,298 | €4,725 | +€428 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,602 | -€2,607 | +€5,995 | +69.7% |
| Profit (loss) for the period | 9904 | -€8,602 | -€2,607 | +€5,995 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,602 | -€2,607 | +€5,995 | +69.7% |
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 1 October 2026 via checked.be.