IMBAVER: 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.
IMBAVER
Largest movements
- Cash -€4,435
down €4,435 (-18.2%), from €24,368 to €19,933
mainly Debts after one year (-€18,806) and Trade debts (-€71)
- Tangible fixed assets -€3,475
down €3,475 (-2.8%), from €123,002 to €119,527
- Debts after one year -€18,806
down €18,806 (-2.7%), from €701,791 to €682,985
- Profit (loss) carried forward +€10,967
up €10,967 (+1.8%), from -€623,030 to -€612,064
- Gross operating margin +€1,660
up €1,660 (+9.6%), from €17,357 to €19,017
- Depreciation -€1,575
down €1,575 (-31.2%), from €5,050 to €3,475
- Other operating charges +€542
up €542 (+13.5%), from €4,016 to €4,558
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 | €147,370 | €139,460 | -€7,910 | -5.4% |
| Fixed assets | 21/28 | €123,002 | €119,527 | -€3,475 | -2.8% |
| Tangible fixed assets | 22/27 | €123,002 | €119,527 | -€3,475 | -2.8% |
| Land and buildings | 22 | €123,002 | €119,527 | -€3,475 | -2.8% |
| Current assets | 29/58 | €24,368 | €19,933 | -€4,435 | -18.2% |
| Cash at bank and in hand | 54/58 | €24,368 | €19,933 | -€4,435 | -18.2% |
| Total equity and liabilities | 10/49 | €147,370 | €139,460 | -€7,910 | -5.4% |
| Equity | 10/15 | -€555,380 | -€544,414 | +€10,967 | +2.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€623,030 | -€612,064 | +€10,967 | +1.8% |
| Amounts payable | 17/49 | €702,751 | €683,874 | -€18,877 | -2.7% |
| Amounts payable after more than one year | 17 | €701,791 | €682,985 | -€18,806 | -2.7% |
| Financial debts | 170/4 | €701,791 | €682,985 | -€18,806 | -2.7% |
| Amounts payable within one year | 42/48 | €960 | €889 | -€71 | -7.4% |
| Trade debts | 44 | €960 | €889 | -€71 | -7.4% |
| Suppliers | 440/4 | €960 | €889 | -€71 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,050 | €3,475 | -€1,575 | -31.2% |
| Other operating charges | 640/8 | €4,016 | €4,558 | +€542 | +13.5% |
| Gross operating margin | 9900 | €17,357 | €19,017 | +€1,660 | +9.6% |
| Operating profit (loss) | 9901 | €8,291 | €10,984 | +€2,694 | +32.5% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €8,252 | €10,967 | +€2,715 | +32.9% |
| Profit (loss) for the period | 9904 | €8,252 | €10,967 | +€2,715 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,252 | €10,967 | +€2,715 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.