IMBOLU: 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.
IMBOLU
Largest movements
- Cash +€186,744
up €186,744 (+853.4%), from €21,882 to €208,626
mainly Other debts (+€391,538) and Depreciation (+€19,019)
- Stocks and contracts +€174,352
new in 2025: €174,352
- Receivables within one year +€17,694
up €17,694 (+3753.5%), from €471 to €18,165
- Tangible fixed assets -€17,379
down €17,379 (-6.2%), from €278,567 to €261,188
of which Furniture and vehicles: -€10,396
- Other debts +€391,538
up €391,538 (+106.0%), from €369,283 to €760,821
- Profit (loss) carried forward -€17,781
down €17,781 (-17.3%), from -€102,712 to -€120,493
- Debts after one year -€12,408
down €12,408 (-56.6%), from €21,919 to €9,511
- Gross operating margin -€2,528
down €2,528 (-49.3%), from €5,127 to €2,599
- Financial charges -€298
down €298 (-28.2%), from €1,057 to €759
- Other operating charges +€157
up €157 (+40.8%), from €384 to €541
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 | €301,307 | €662,725 | +€361,418 | +120.0% |
| Fixed assets | 21/28 | €278,567 | €261,188 | -€17,379 | -6.2% |
| Tangible fixed assets | 22/27 | €278,567 | €261,188 | -€17,379 | -6.2% |
| Land and buildings | 22 | €246,091 | €239,218 | -€6,873 | -2.8% |
| Plant, machinery and equipment | 23 | €297 | €187 | -€110 | -37.0% |
| Furniture and vehicles | 24 | €32,179 | €21,783 | -€10,396 | -32.3% |
| Current assets | 29/58 | €22,740 | €401,537 | +€378,797 | +1665.7% |
| Stocks and contracts in progress | 3 | - | €174,352 | +€174,352 | |
| Stocks | 30/36 | - | €174,352 | +€174,352 | |
| Amounts receivable within one year | 40/41 | €471 | €18,165 | +€17,694 | +3753.5% |
| Trade receivables | 40 | €471 | €18,165 | +€17,694 | +3753.5% |
| Cash at bank and in hand | 54/58 | €21,882 | €208,626 | +€186,744 | +853.4% |
| Deferred charges and accrued income | 490/1 | €387 | €394 | +€7 | +1.8% |
| Total equity and liabilities | 10/49 | €301,307 | €662,725 | +€361,418 | +120.0% |
| Equity | 10/15 | -€102,612 | -€120,393 | -€17,781 | -17.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,712 | -€120,493 | -€17,781 | -17.3% |
| Amounts payable | 17/49 | €403,919 | €783,118 | +€379,199 | +93.9% |
| Amounts payable after more than one year | 17 | €21,919 | €9,511 | -€12,408 | -56.6% |
| Financial debts | 170/4 | €21,919 | €9,511 | -€12,408 | -56.6% |
| Amounts payable within one year | 42/48 | €381,481 | €773,607 | +€392,126 | +102.8% |
| Current portion of amounts payable after more than one year | 42 | €12,102 | €12,408 | +€306 | +2.5% |
| Taxes, remuneration and social security | 45 | €96 | €378 | +€282 | +293.3% |
| Taxes | 450/3 | €96 | €378 | +€282 | +293.3% |
| Other amounts payable | 47/48 | €369,283 | €760,821 | +€391,538 | +106.0% |
| Accrued charges and deferred income | 492/3 | €519 | - | -€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,017 | €19,019 | +€2 | 0.0% |
| Other operating charges | 640/8 | €384 | €541 | +€157 | +40.8% |
| Gross operating margin | 9900 | €5,127 | €2,599 | -€2,528 | -49.3% |
| Operating profit (loss) | 9901 | -€14,274 | -€16,962 | -€2,687 | -18.8% |
| Financial charges | 65/66B | €1,057 | €759 | -€298 | -28.2% |
| Recurring financial charges | 65 | €1,057 | €759 | -€298 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,332 | -€17,720 | -€2,389 | -15.6% |
| Income taxes | 67/77 | €65 | €60 | -€4 | -6.8% |
| Profit (loss) for the period | 9904 | -€15,396 | -€17,781 | -€2,385 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,396 | -€17,781 | -€2,385 | -15.5% |
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 7 October 2026 via checked.be.