IMATRANS: 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.
IMATRANS
Largest movements
- Cash +€2,744
up €2,744 (+7.7%), from €35,638 to €38,382
mainly Net result for the year (+€4,281) and Trade debts (+€1,042)
- Receivables within one year +€2,167
new in 2025: €2,167
of which Trade receivables: +€1,839
- Profit (loss) carried forward +€4,281
up €4,281 (+29.2%), from €14,652 to €18,932
- Trade debts +€1,042
up €1,042 (+225.1%), from €463 to €1,505
- Tax, wage and social debts -€521
no longer reported in 2025 (was €521)
- Gross operating margin -€1,546
down €1,546 (-14.8%), from €10,420 to €8,875
- Staff costs +€1,299
up €1,299 (+141.0%), from €921 to €2,220
- Financial charges +€1,043
up €1,043 (+1656.0%), from €63 to €1,106
- Other operating charges +€461
up €461 (+79.4%), from €581 to €1,042
- Depreciation -€125
down €125 (-36.0%), from €348 to €223
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 | €35,930 | €40,619 | +€4,689 | +13.0% |
| Fixed assets | 21/28 | €293 | €70 | -€223 | -76.0% |
| Tangible fixed assets | 22/27 | €223 | - | -€223 | |
| Furniture and vehicles | 24 | €223 | - | -€223 | |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €35,638 | €40,549 | +€4,911 | +13.8% |
| Amounts receivable within one year | 40/41 | - | €2,167 | +€2,167 | |
| Trade receivables | 40 | - | €1,839 | +€1,839 | |
| Other amounts receivable | 41 | - | €328 | +€328 | |
| Cash at bank and in hand | 54/58 | €35,638 | €38,382 | +€2,744 | +7.7% |
| Total equity and liabilities | 10/49 | €35,930 | €40,619 | +€4,689 | +13.0% |
| Equity | 10/15 | €25,602 | €29,882 | +€4,281 | +16.7% |
| Contributions | 10/11 | €10,950 | €10,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,652 | €18,932 | +€4,281 | +29.2% |
| Amounts payable | 17/49 | €10,329 | €10,737 | +€408 | +3.9% |
| Amounts payable within one year | 42/48 | €10,329 | €10,737 | +€408 | +3.9% |
| Trade debts | 44 | €463 | €1,505 | +€1,042 | +225.1% |
| Suppliers | 440/4 | €463 | €1,505 | +€1,042 | +225.1% |
| Taxes, remuneration and social security | 45 | €521 | - | -€521 | |
| Taxes | 450/3 | €521 | - | -€521 | |
| Other amounts payable | 47/48 | €9,345 | €9,231 | -€114 | -1.2% |
| Remuneration, social security and pensions | 62 | €921 | €2,220 | +€1,299 | +141.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348 | €223 | -€125 | -36.0% |
| Other operating charges | 640/8 | €581 | €1,042 | +€461 | +79.4% |
| Non-recurring operating charges | 66A | €735 | - | -€735 | |
| Gross operating margin | 9900 | €10,420 | €8,875 | -€1,546 | -14.8% |
| Operating profit (loss) | 9901 | €7,836 | €5,390 | -€2,446 | -31.2% |
| Financial charges | 65/66B | €63 | €1,106 | +€1,043 | +1656.0% |
| Recurring financial charges | 65 | €63 | €1,106 | +€1,043 | +1656.0% |
| Profit (loss) for the period before taxes | 9903 | €7,773 | €4,285 | -€3,489 | -44.9% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | €7,773 | €4,281 | -€3,492 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,773 | €4,281 | -€3,492 | -44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.