IMBEMA DENSO: 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.
IMBEMA DENSO
Largest movements
- Cash +€247,634
up €247,634 (+208%), from €119,081 to €366,716
mainly Other debts (+€349,621) and Net result for the year (+€278,427)
- Receivables within one year -€47,658
down €47,658 (-13.1%), from €364,582 to €316,924
of which Trade receivables: -€39,410
- Stocks and contracts +€12,468
new in 2025: €12,468
- Deferred charges and accrued income -€8,579
down €8,579 (-74.4%), from €11,536 to €2,957
- Other debts +€349,621
new in 2025: €349,621
- Profit (loss) carried forward -€221,573
down €221,573 (-66.6%), from €332,550 to €110,977
- Trade debts +€59,288
up €59,288 (+87.6%), from €67,668 to €126,956
- Tax, wage and social debts +€19,302
up €19,302 (+88.3%), from €21,861 to €41,162
of which Taxes: +€11,599
- Staff costs +€27,195
up €27,195 (+32.0%), from €85,090 to €112,285
- Other operating charges +€13,514
up €13,514 (+13.3%), from €101,677 to €115,191
- Gross operating margin +€13,402
up €13,402 (+2.3%), from €585,135 to €598,538
- Taxes -€8,271
down €8,271 (-8.1%), from €102,479 to €94,207
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 | €497,531 | €701,195 | +€203,664 | +40.9% |
| Fixed assets | 21/28 | €2,332 | €2,130 | -€202 | -8.7% |
| Tangible fixed assets | 22/27 | €942 | €740 | -€202 | -21.4% |
| Furniture and vehicles | 24 | €942 | €740 | -€202 | -21.4% |
| Financial fixed assets | 28 | €1,390 | €1,390 | = | 0.0% |
| Current assets | 29/58 | €495,199 | €699,065 | +€203,866 | +41.2% |
| Stocks and contracts in progress | 3 | - | €12,468 | +€12,468 | |
| Stocks | 30/36 | - | €12,468 | +€12,468 | |
| Amounts receivable within one year | 40/41 | €364,582 | €316,924 | -€47,658 | -13.1% |
| Trade receivables | 40 | €297,110 | €257,700 | -€39,410 | -13.3% |
| Other amounts receivable | 41 | €67,472 | €59,225 | -€8,248 | -12.2% |
| Cash at bank and in hand | 54/58 | €119,081 | €366,716 | +€247,634 | +208% |
| Deferred charges and accrued income | 490/1 | €11,536 | €2,957 | -€8,579 | -74.4% |
| Total equity and liabilities | 10/49 | €497,531 | €701,195 | +€203,664 | +40.9% |
| Equity | 10/15 | €400,750 | €179,177 | -€221,573 | -55.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €332,550 | €110,977 | -€221,573 | -66.6% |
| Amounts payable | 17/49 | €96,781 | €522,018 | +€425,237 | +439% |
| Amounts payable within one year | 42/48 | €89,529 | €517,739 | +€428,211 | +478% |
| Trade debts | 44 | €67,668 | €126,956 | +€59,288 | +87.6% |
| Suppliers | 440/4 | €67,668 | €126,956 | +€59,288 | +87.6% |
| Taxes, remuneration and social security | 45 | €21,861 | €41,162 | +€19,302 | +88.3% |
| Taxes | 450/3 | €17,308 | €28,907 | +€11,599 | +67.0% |
| Remuneration and social security | 454/9 | €4,552 | €12,255 | +€7,703 | +169% |
| Other amounts payable | 47/48 | - | €349,621 | +€349,621 | |
| Accrued charges and deferred income | 492/3 | €7,252 | €4,278 | -€2,974 | -41.0% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €85,090 | €112,285 | +€27,195 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67 | €202 | +€135 | +200% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€565 | -€2,605 | -€2,040 | -361% |
| Other operating charges | 640/8 | €101,677 | €115,191 | +€13,514 | +13.3% |
| Gross operating margin | 9900 | €585,135 | €598,538 | +€13,402 | +2.3% |
| Operating profit (loss) | 9901 | €398,866 | €373,465 | -€25,401 | -6.4% |
| Financial income | 75/76B | €380 | - | -€380 | |
| Recurring financial income | 75 | €380 | - | -€380 | |
| Financial charges | 65/66B | €1,331 | €831 | -€499 | -37.5% |
| Recurring financial charges | 65 | €1,331 | €831 | -€499 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €397,916 | €372,634 | -€25,282 | -6.4% |
| Income taxes | 67/77 | €102,479 | €94,207 | -€8,271 | -8.1% |
| Profit (loss) for the period | 9904 | €295,437 | €278,427 | -€17,010 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €295,437 | €278,427 | -€17,010 | -5.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.