IMBC SPINNOVA: 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 SPINNOVA
Largest movements
- Cash +€6.8m
up €6.8m (+2,519%), from €270,611 to €7.1m
mainly Debts after one year (+€3.1m) and Receivables within one year (+€2.8m)
- Receivables within one year -€2.8m
down €2.8m (-53.6%), from €5.2m to €2.4m
- Financial fixed assets -€921,062
down €921,062 (-3.4%), from €27.0m to €26.0m
- Debts after one year +€3.1m
up €3.1m (+6.6%), from €46.2m to €49.3m
- Financial charges +€1.7m
up €1.7m (+297%), from €560,545 to €2.2m
of which Non-recurring financial charges: +€1.5m
- Financial income +€1.5m
up €1.5m (+137%), from €1.1m to €2.6m
of which Non-recurring financial income: +€1.5m
- Purchases and services +€43,435
up €43,435 (+8.2%), from €531,634 to €575,069
- Gross operating margin -€38,920
down €38,920 (-7.5%), from -€520,149 to -€559,069
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 | €49,033,535 | €52,146,091 | +€3.1m | +6.3% |
| Fixed assets | 21/28 | €26,964,319 | €26,043,257 | -€921,062 | -3.4% |
| Financial fixed assets | 28 | €26,964,319 | €26,043,257 | -€921,062 | -3.4% |
| Current assets | 29/58 | €22,069,216 | €26,102,834 | +€4.0m | +18.3% |
| Amounts receivable within one year | 40/41 | €5,197,769 | €2,414,166 | -€2.8m | -53.6% |
| Other amounts receivable | 41 | €5,197,769 | €2,414,166 | -€2.8m | -53.6% |
| Current investments | 50/53 | €16,600,836 | €16,600,321 | -€515 | 0.0% |
| Cash at bank and in hand | 54/58 | €270,611 | €7,088,347 | +€6.8m | +2,519% |
| Total equity and liabilities | 10/49 | €49,033,535 | €52,146,091 | +€3.1m | +6.3% |
| Equity | 10/15 | €2,120,478 | €1,964,547 | -€155,931 | -7.4% |
| Contributions | 10/11 | €3,850,000 | €3,850,000 | = | 0.0% |
| Capital | 10 | €3,850,000 | €3,850,000 | = | 0.0% |
| Issued capital | 100 | €3,850,000 | €3,850,000 | = | 0.0% |
| Reserves | 13 | €130,085 | €130,085 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130,085 | €130,085 | = | 0.0% |
| Legal reserve | 130 | €12,389 | €12,389 | = | 0.0% |
| Other | 1319 | €117,696 | €117,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,859,607 | -€2,015,538 | -€155,931 | -8.4% |
| Amounts payable | 17/49 | €46,913,057 | €50,181,544 | +€3.3m | +7.0% |
| Amounts payable after more than one year | 17 | €46,208,584 | €49,267,957 | +€3.1m | +6.6% |
| Other amounts payable | 178/9 | €46,208,584 | €49,267,957 | +€3.1m | +6.6% |
| Amounts payable within one year | 42/48 | €691,571 | €901,137 | +€209,566 | +30.3% |
| Trade debts | 44 | €6,135 | €6,138 | +€3 | 0.0% |
| Suppliers | 440/4 | €6,135 | €6,138 | +€3 | 0.0% |
| Other amounts payable | 47/48 | €685,436 | €894,999 | +€209,563 | +30.6% |
| Accrued charges and deferred income | 492/3 | €12,902 | €12,450 | -€452 | -3.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €531,634 | €575,069 | +€43,435 | +8.2% |
| Other operating charges | 640/8 | €872 | €422 | -€450 | -51.6% |
| Gross operating margin | 9900 | -€520,149 | -€559,069 | -€38,920 | -7.5% |
| Operating profit (loss) | 9901 | -€521,021 | -€559,491 | -€38,470 | -7.4% |
| Financial income | 75/76B | €1,109,204 | €2,626,527 | +€1.5m | +137% |
| Recurring financial income | 75 | €847,116 | €857,435 | +€10,319 | +1.2% |
| Non-recurring financial income | 76B | €262,088 | €1,769,092 | +€1.5m | +575% |
| Financial charges | 65/66B | €560,545 | €2,222,967 | +€1.7m | +297% |
| Recurring financial charges | 65 | €203,373 | €388,376 | +€185,003 | +91.0% |
| Non-recurring financial charges | 66B | €357,172 | €1,834,591 | +€1.5m | +414% |
| Profit (loss) for the period before taxes | 9903 | €27,638 | -€155,931 | -€183,569 | |
| Profit (loss) for the period | 9904 | €27,638 | -€155,931 | -€183,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,638 | -€155,931 | -€183,569 |
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 27 October 2026 via checked.be.