IMBC 2020: 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.
IMBC 2020
Largest movements
- Current investments +€9.1m
up €9.1m (+74.5%), from €12.2m to €21.3m
- Cash -€5.6m
down €5.6m (-85.6%), from €6.5m to €938,121
mainly Current investments (-€9.1m) and Receivables within one year (-€1.5m)
- Financial fixed assets -€4.7m
down €4.7m (-23.5%), from €19.9m to €15.2m
of which Other financial fixed assets: -€4.7m
- Receivables within one year +€1.5m
up €1.5m (+371%), from €398,619 to €1.9m
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€681,941
up €681,941 (+77.8%), from €876,541 to €1.6m
of which Non-recurring financial income: +€498,900
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 | €38,968,748 | €39,317,767 | +€349,019 | +0.9% |
| Fixed assets | 21/28 | €19,851,845 | €15,189,185 | -€4.7m | -23.5% |
| Financial fixed assets | 28 | €19,851,845 | €15,189,185 | -€4.7m | -23.5% |
| Companies linked by participating interests | 282/3 | €145,486 | €178,230 | +€32,744 | +22.5% |
| Participating interests | 282 | €120,752 | €111,741 | -€9,011 | -7.5% |
| Amounts receivable | 283 | €24,734 | €66,489 | +€41,755 | +169% |
| Other financial fixed assets | 284/8 | €19,706,359 | €15,010,955 | -€4.7m | -23.8% |
| Shares | 284 | €3,788,307 | €2,888,307 | -€900,000 | -23.8% |
| Amounts receivable and cash guarantees | 285/8 | €15,918,052 | €12,122,648 | -€3.8m | -23.8% |
| Current assets | 29/58 | €19,116,903 | €24,128,582 | +€5.0m | +26.2% |
| Amounts receivable within one year | 40/41 | €398,619 | €1,877,301 | +€1.5m | +371% |
| Other amounts receivable | 41 | €398,619 | €1,877,301 | +€1.5m | +371% |
| Current investments | 50/53 | €12,213,452 | €21,313,160 | +€9.1m | +74.5% |
| Other investments | 51/53 | €12,213,452 | €21,313,160 | +€9.1m | +74.5% |
| Cash at bank and in hand | 54/58 | €6,504,633 | €938,121 | -€5.6m | -85.6% |
| Deferred charges and accrued income | 490/1 | €199 | - | -€199 | |
| Total equity and liabilities | 10/49 | €38,968,748 | €39,317,767 | +€349,019 | +0.9% |
| Equity | 10/15 | €36,252,915 | €36,594,443 | +€341,528 | +0.9% |
| Contributions | 10/11 | €37,619,733 | €37,619,733 | = | 0.0% |
| Capital | 10 | €37,619,733 | €37,619,733 | = | 0.0% |
| Issued capital | 100 | €37,619,733 | €37,619,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,366,818 | -€1,025,290 | +€341,528 | +25.0% |
| Amounts payable | 17/49 | €2,715,833 | €2,723,324 | +€7,491 | +0.3% |
| Amounts payable within one year | 42/48 | €2,712,671 | €2,713,574 | +€903 | 0.0% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €5,861 | €5,972 | +€111 | +1.9% |
| Suppliers | 440/4 | €5,861 | €5,972 | +€111 | +1.9% |
| Other amounts payable | 47/48 | €706,810 | €707,602 | +€792 | +0.1% |
| Accrued charges and deferred income | 492/3 | €3,162 | €9,750 | +€6,588 | +208% |
| Operating charges | 60/66A | €717,355 | €715,066 | -€2,289 | -0.3% |
| Services and other goods | 61 | €716,299 | €713,526 | -€2,773 | -0.4% |
| Other operating charges | 640/8 | €1,056 | €1,540 | +€484 | +45.8% |
| Operating profit (loss) | 9901 | -€717,355 | -€715,066 | +€2,289 | +0.3% |
| Financial income | 75/76B | €876,541 | €1,558,482 | +€681,941 | +77.8% |
| Recurring financial income | 75 | €817,405 | €1,000,446 | +€183,041 | +22.4% |
| Income from financial fixed assets | 750 | €397,670 | €316,820 | -€80,850 | -20.3% |
| Income from current assets | 751 | €409,613 | €683,577 | +€273,964 | +66.9% |
| Other financial income | 752/9 | €10,122 | €49 | -€10,073 | -99.5% |
| Non-recurring financial income | 76B | €59,136 | €558,036 | +€498,900 | +844% |
| Financial charges | 65/66B | €152,961 | €501,888 | +€348,927 | +228% |
| Recurring financial charges | 65 | €102,961 | €95,657 | -€7,304 | -7.1% |
| Debt charges | 650 | €96,907 | €79,278 | -€17,629 | -18.2% |
| Other financial charges | 652/9 | €6,054 | €16,379 | +€10,325 | +171% |
| Non-recurring financial charges | 66B | €50,000 | €406,231 | +€356,231 | +712% |
| Profit (loss) for the period before taxes | 9903 | €6,225 | €341,528 | +€335,303 | +5,386% |
| Profit (loss) for the period | 9904 | €6,225 | €341,528 | +€335,303 | +5,386% |
| Profit (loss) for the period to be appropriated | 9905 | €6,225 | €341,528 | +€335,303 | +5,386% |
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 25 October 2026 via checked.be.