IMAS MCI: 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.
IMAS MCI
Largest movements
- Tangible fixed assets +€57,992
up €57,992 (+162%), from €35,852 to €93,844
of which Furniture and vehicles: +€54,768
- Cash +€4,086
up €4,086 (+10.2%), from €40,089 to €44,176
mainly Other debts (+€51,145) and Debts after one year (+€22,563)
- Deferred charges and accrued income -€2,108
down €2,108 (-46.7%), from €4,515 to €2,407
- Receivables within one year -€1,864
down €1,864 (-7.9%), from €23,710 to €21,847
of which Other amounts receivable: -€3,139
- Other debts +€51,145
up €51,145 (+294%), from €17,424 to €68,568
- Debts after one year +€22,563
up €22,563 (+103%), from €21,887 to €44,450
- Profit (loss) carried forward -€19,054
down €19,054 (-47.8%), from €39,890 to €20,836
- Current portion of long-term debt +€8,956
up €8,956 (+134%), from €6,696 to €15,652
- Tax, wage and social debts -€5,522
down €5,522 (-34.4%), from €16,074 to €10,552
of which Taxes: -€11,522
- Depreciation +€13,002
up €13,002 (+144%), from €9,000 to €22,002
- Gross operating margin -€10,643
down €10,643 (-16.5%), from €64,589 to €53,946
- Taxes -€6,361
down €6,361 (-47.1%), from €13,506 to €7,145
- Other operating charges +€901
up €901 (+157%), from €575 to €1,476
- Financial charges +€870
up €870 (+53.7%), from €1,618 to €2,488
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,166 | €162,274 | +€58,107 | +55.8% |
| Fixed assets | 21/28 | €35,852 | €93,844 | +€57,992 | +162% |
| Tangible fixed assets | 22/27 | €35,852 | €93,844 | +€57,992 | +162% |
| Plant, machinery and equipment | 23 | - | €3,224 | +€3,224 | |
| Furniture and vehicles | 24 | €35,852 | €90,620 | +€54,768 | +153% |
| Current assets | 29/58 | €68,314 | €68,429 | +€115 | +0.2% |
| Amounts receivable within one year | 40/41 | €23,710 | €21,847 | -€1,864 | -7.9% |
| Trade receivables | 40 | €9,216 | €10,491 | +€1,275 | +13.8% |
| Other amounts receivable | 41 | €14,494 | €11,355 | -€3,139 | -21.7% |
| Cash at bank and in hand | 54/58 | €40,089 | €44,176 | +€4,086 | +10.2% |
| Deferred charges and accrued income | 490/1 | €4,515 | €2,407 | -€2,108 | -46.7% |
| Total equity and liabilities | 10/49 | €104,166 | €162,274 | +€58,107 | +55.8% |
| Equity | 10/15 | €41,890 | €22,836 | -€19,054 | -45.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,890 | €20,836 | -€19,054 | -47.8% |
| Amounts payable | 17/49 | €62,276 | €139,438 | +€77,161 | +124% |
| Amounts payable after more than one year | 17 | €21,887 | €44,450 | +€22,563 | +103% |
| Financial debts | 170/4 | €21,887 | €44,450 | +€22,563 | +103% |
| Amounts payable within one year | 42/48 | €40,389 | €94,988 | +€54,599 | +135% |
| Current portion of amounts payable after more than one year | 42 | €6,696 | €15,652 | +€8,956 | +134% |
| Trade debts | 44 | €195 | €215 | +€20 | +10.3% |
| Suppliers | 440/4 | €195 | €215 | +€20 | +10.3% |
| Taxes, remuneration and social security | 45 | €16,074 | €10,552 | -€5,522 | -34.4% |
| Taxes | 450/3 | €16,074 | €4,552 | -€11,522 | -71.7% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €17,424 | €68,568 | +€51,145 | +294% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,000 | €22,002 | +€13,002 | +144% |
| Other operating charges | 640/8 | €575 | €1,476 | +€901 | +157% |
| Gross operating margin | 9900 | €64,589 | €53,946 | -€10,643 | -16.5% |
| Operating profit (loss) | 9901 | €55,014 | €30,467 | -€24,547 | -44.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,618 | €2,488 | +€870 | +53.7% |
| Recurring financial charges | 65 | €1,618 | €2,488 | +€870 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €53,396 | €27,981 | -€25,415 | -47.6% |
| Income taxes | 67/77 | €13,506 | €7,145 | -€6,361 | -47.1% |
| Profit (loss) for the period | 9904 | €39,890 | €20,836 | -€19,054 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,890 | €20,836 | -€19,054 | -47.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.