Imbec: 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.
Imbec
Largest movements
- Cash -€22,843
down €22,843 (-98.8%), from €23,129 to €286
mainly Investment in fixed assets (net) (-€29,799) and Current portion of long-term debt (-€22,851)
- Tangible fixed assets +€18,538
up €18,538 (+18.6%), from €99,464 to €118,002
of which Plant, machinery and equipment: +€26,580
- Receivables within one year -€3,893
down €3,893 (-77.6%), from €5,016 to €1,123
of which Trade receivables: -€4,746
- Deferred charges and accrued income -€1,644
no longer reported in 2025 (was €1,644)
- Current portion of long-term debt -€22,851
down €22,851 (-79.8%), from €28,641 to €5,790
- Debts after one year +€17,747
new in 2025: €17,747
- Other debts -€8,454
down €8,454 (-24.7%), from €34,159 to €25,706
- Profit (loss) carried forward +€6,479
up €6,479 (+120.8%), from €5,364 to €11,844
- Tax, wage and social debts -€2,553
no longer reported in 2025 (was €2,553)
- Gross operating margin +€1,589
up €1,589 (+6.7%), from €23,881 to €25,469
- Financial charges +€653
up €653 (+115.9%), from €564 to €1,217
- Depreciation +€460
up €460 (+4.3%), from €10,801 to €11,261
- Taxes -€425
down €425 (-11.8%), from €3,608 to €3,184
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 | €129,625 | €119,783 | -€9,842 | -7.6% |
| Fixed assets | 21/28 | €99,836 | €118,374 | +€18,538 | +18.6% |
| Tangible fixed assets | 22/27 | €99,464 | €118,002 | +€18,538 | +18.6% |
| Land and buildings | 22 | €94,400 | €87,514 | -€6,886 | -7.3% |
| Plant, machinery and equipment | 23 | €2,270 | €28,850 | +€26,580 | +1171.1% |
| Furniture and vehicles | 24 | €2,794 | €1,638 | -€1,156 | -41.4% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €29,789 | €1,409 | -€28,380 | -95.3% |
| Amounts receivable within one year | 40/41 | €5,016 | €1,123 | -€3,893 | -77.6% |
| Trade receivables | 40 | €4,746 | - | -€4,746 | |
| Other amounts receivable | 41 | €270 | €1,123 | +€853 | +315.9% |
| Cash at bank and in hand | 54/58 | €23,129 | €286 | -€22,843 | -98.8% |
| Deferred charges and accrued income | 490/1 | €1,644 | - | -€1,644 | |
| Total equity and liabilities | 10/49 | €129,625 | €119,783 | -€9,842 | -7.6% |
| Equity | 10/15 | €63,603 | €70,082 | +€6,479 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €39,647 | €39,647 | = | 0.0% |
| Distributable reserves | 133 | €39,647 | €39,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,364 | €11,844 | +€6,479 | +120.8% |
| Amounts payable | 17/49 | €66,022 | €49,701 | -€16,321 | -24.7% |
| Amounts payable after more than one year | 17 | - | €17,747 | +€17,747 | |
| Financial debts | 170/4 | - | €17,747 | +€17,747 | |
| Amounts payable within one year | 42/48 | €66,022 | €31,873 | -€34,149 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €28,641 | €5,790 | -€22,851 | -79.8% |
| Trade debts | 44 | €669 | €378 | -€291 | -43.5% |
| Suppliers | 440/4 | €669 | €378 | -€291 | -43.5% |
| Taxes, remuneration and social security | 45 | €2,553 | - | -€2,553 | |
| Taxes | 450/3 | €2,553 | - | -€2,553 | |
| Other amounts payable | 47/48 | €34,159 | €25,706 | -€8,454 | -24.7% |
| Accrued charges and deferred income | 492/3 | - | €80 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,801 | €11,261 | +€460 | +4.3% |
| Other operating charges | 640/8 | €3,543 | €3,329 | -€215 | -6.1% |
| Gross operating margin | 9900 | €23,881 | €25,469 | +€1,589 | +6.7% |
| Operating profit (loss) | 9901 | €9,536 | €10,880 | +€1,343 | +14.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €564 | €1,217 | +€653 | +115.9% |
| Recurring financial charges | 65 | €564 | €1,217 | +€653 | +115.9% |
| Profit (loss) for the period before taxes | 9903 | €8,973 | €9,663 | +€690 | +7.7% |
| Income taxes | 67/77 | €3,608 | €3,184 | -€425 | -11.8% |
| Profit (loss) for the period | 9904 | €5,364 | €6,479 | +€1,115 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,364 | €6,479 | +€1,115 | +20.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.