Imavo+: 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.
Imavo+
Largest movements
- Cash +€147,410
up €147,410 (+246%), from €59,903 to €207,313
mainly Net result for the year (+€130,517) and Tax, wage and social debts (+€47,694)
- Tangible fixed assets -€26,957
down €26,957 (-14.4%), from €186,766 to €159,809
of which Plant, machinery and equipment: -€17,440
- Reserves +€55,517
up €55,517 (+59.0%), from €94,050 to €149,567
- Tax, wage and social debts +€47,694
up €47,694 (+980%), from €4,865 to €52,558
- Debts after one year +€39,220
up €39,220 (+51.2%), from €76,624 to €115,843
of which Other amounts payable: +€50,000
- Trade debts -€23,245
down €23,245 (-51.1%), from €45,525 to €22,280
- Current portion of long-term debt +€5,310
up €5,310 (+25.1%), from €21,158 to €26,468
- Gross operating margin +€166,489
up €166,489 (+354%), from €47,044 to €213,532
- Taxes +€37,581
up €37,581 (+1,338%), from €2,809 to €40,390
- Depreciation +€7,392
up €7,392 (+27.8%), from €26,555 to €33,947
- Financial charges +€2,879
up €2,879 (+63.7%), from €4,518 to €7,398
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 | €288,631 | €411,109 | +€122,478 | +42.4% |
| Fixed assets | 21/28 | €186,766 | €159,809 | -€26,957 | -14.4% |
| Tangible fixed assets | 22/27 | €186,766 | €159,809 | -€26,957 | -14.4% |
| Land and buildings | 22 | €102,704 | €93,666 | -€9,038 | -8.8% |
| Plant, machinery and equipment | 23 | €81,822 | €64,382 | -€17,440 | -21.3% |
| Furniture and vehicles | 24 | €2,241 | €1,761 | -€479 | -21.4% |
| Current assets | 29/58 | €101,865 | €251,300 | +€149,435 | +147% |
| Amounts receivable within one year | 40/41 | €41,962 | €43,825 | +€1,863 | +4.4% |
| Trade receivables | 40 | €30,426 | €18,825 | -€11,600 | -38.1% |
| Other amounts receivable | 41 | €11,536 | €25,000 | +€13,464 | +117% |
| Cash at bank and in hand | 54/58 | €59,903 | €207,313 | +€147,410 | +246% |
| Deferred charges and accrued income | 490/1 | - | €162 | +€162 | |
| Total equity and liabilities | 10/49 | €288,631 | €411,109 | +€122,478 | +42.4% |
| Equity | 10/15 | €112,600 | €168,117 | +€55,517 | +49.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €94,050 | €149,567 | +€55,517 | +59.0% |
| Distributable reserves | 133 | €94,050 | €149,567 | +€55,517 | +59.0% |
| Amounts payable | 17/49 | €176,031 | €242,992 | +€66,961 | +38.0% |
| Amounts payable after more than one year | 17 | €76,624 | €115,843 | +€39,220 | +51.2% |
| Financial debts | 170/4 | €76,624 | €65,843 | -€10,780 | -14.1% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €96,457 | €123,714 | +€27,257 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €21,158 | €26,468 | +€5,310 | +25.1% |
| Financial debts | 43 | €4,909 | €769 | -€4,140 | -84.3% |
| Credit institutions | 430/8 | €4,909 | €769 | -€4,140 | -84.3% |
| Trade debts | 44 | €45,525 | €22,280 | -€23,245 | -51.1% |
| Suppliers | 440/4 | €45,525 | €22,280 | -€23,245 | -51.1% |
| Taxes, remuneration and social security | 45 | €4,865 | €52,558 | +€47,694 | +980% |
| Taxes | 450/3 | €4,865 | €52,558 | +€47,694 | +980% |
| Other amounts payable | 47/48 | €20,000 | €21,639 | +€1,639 | +8.2% |
| Accrued charges and deferred income | 492/3 | €2,951 | €3,435 | +€484 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,555 | €33,947 | +€7,392 | +27.8% |
| Other operating charges | 640/8 | €3,045 | €2,106 | -€939 | -30.8% |
| Gross operating margin | 9900 | €47,044 | €213,532 | +€166,489 | +354% |
| Operating profit (loss) | 9901 | €17,443 | €177,479 | +€160,036 | +917% |
| Financial income | 75/76B | €896 | €826 | -€70 | -7.8% |
| Recurring financial income | 75 | €896 | €826 | -€70 | -7.8% |
| Financial charges | 65/66B | €4,518 | €7,398 | +€2,879 | +63.7% |
| Recurring financial charges | 65 | €4,518 | €7,398 | +€2,879 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €13,820 | €170,907 | +€157,087 | +1,137% |
| Income taxes | 67/77 | €2,809 | €40,390 | +€37,581 | +1,338% |
| Profit (loss) for the period | 9904 | €11,011 | €130,517 | +€119,506 | +1,085% |
| Profit (loss) for the period to be appropriated | 9905 | €11,011 | €130,517 | +€119,506 | +1,085% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.