IMBOORLING: 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.
IMBOORLING
Largest movements
- Cash +€246,791
up €246,791 (+92.3%), from €267,380 to €514,171
mainly Net result for the year (+€233,380) and Receivables within one year (+€82,474)
- Receivables within one year -€82,474
down €82,474 (-34.2%), from €241,094 to €158,619
of which Trade receivables: -€85,427
- Tangible fixed assets -€23,808
down €23,808 (-9.4%), from €252,548 to €228,739
- Reserves +€153,688
up €153,688 (+33.3%), from €461,759 to €615,447
- Tax, wage and social debts -€52,401
down €52,401 (-60.8%), from €86,172 to €33,771
of which Taxes: -€55,946
- Trade debts +€51,116
up €51,116 (+153%), from €33,497 to €84,613
- Debts after one year -€17,873
down €17,873 (-12.0%), from €148,945 to €131,072
- Taxes +€82,953
up €82,953 (+404%), from €20,537 to €103,490
- Gross operating margin +€64,038
up €64,038 (+13.2%), from €483,817 to €547,854
- Staff costs +€20,291
up €20,291 (+13.5%), from €150,385 to €170,676
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 | €767,151 | €907,196 | +€140,044 | +18.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €252,679 | €228,871 | -€23,808 | -9.4% |
| Tangible fixed assets | 22/27 | €252,548 | €228,739 | -€23,808 | -9.4% |
| Land and buildings | 22 | €204,618 | €193,127 | -€11,491 | -5.6% |
| Plant, machinery and equipment | 23 | €36,276 | €26,565 | -€9,712 | -26.8% |
| Furniture and vehicles | 24 | €11,654 | €9,048 | -€2,606 | -22.4% |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €514,472 | €678,325 | +€163,853 | +31.8% |
| Amounts receivable within one year | 40/41 | €241,094 | €158,619 | -€82,474 | -34.2% |
| Trade receivables | 40 | €240,432 | €155,005 | -€85,427 | -35.5% |
| Other amounts receivable | 41 | €661 | €3,614 | +€2,953 | +447% |
| Cash at bank and in hand | 54/58 | €267,380 | €514,171 | +€246,791 | +92.3% |
| Deferred charges and accrued income | 490/1 | €5,998 | €5,535 | -€464 | -7.7% |
| Total equity and liabilities | 10/49 | €767,151 | €907,196 | +€140,044 | +18.3% |
| Equity | 10/15 | €480,351 | €634,039 | +€153,688 | +32.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €461,759 | €615,447 | +€153,688 | +33.3% |
| Distributable reserves | 133 | €461,759 | €615,447 | +€153,688 | +33.3% |
| Amounts payable | 17/49 | €286,800 | €273,156 | -€13,644 | -4.8% |
| Amounts payable after more than one year | 17 | €148,945 | €131,072 | -€17,873 | -12.0% |
| Financial debts | 170/4 | €148,945 | €131,072 | -€17,873 | -12.0% |
| Amounts payable within one year | 42/48 | €137,856 | €142,085 | +€4,229 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €17,873 | €17,873 | = | 0.0% |
| Trade debts | 44 | €33,497 | €84,613 | +€51,116 | +153% |
| Suppliers | 440/4 | €33,497 | €84,613 | +€51,116 | +153% |
| Taxes, remuneration and social security | 45 | €86,172 | €33,771 | -€52,401 | -60.8% |
| Taxes | 450/3 | €69,436 | €13,490 | -€55,946 | -80.6% |
| Remuneration and social security | 454/9 | €16,737 | €20,281 | +€3,544 | +21.2% |
| Other amounts payable | 47/48 | €313 | €5,827 | +€5,514 | +1,762% |
| Non-recurring operating income | 76A | - | €8,650 | +€8,650 | |
| Remuneration, social security and pensions | 62 | €150,385 | €170,676 | +€20,291 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,839 | €33,982 | -€1,857 | -5.2% |
| Other operating charges | 640/8 | €2,896 | €2,528 | -€368 | -12.7% |
| Gross operating margin | 9900 | €483,817 | €547,854 | +€64,038 | +13.2% |
| Operating profit (loss) | 9901 | €294,696 | €340,669 | +€45,972 | +15.6% |
| Financial income | 75/76B | €220 | €872 | +€653 | +297% |
| Recurring financial income | 75 | €220 | €872 | +€653 | +297% |
| Financial charges | 65/66B | €3,710 | €4,672 | +€962 | +25.9% |
| Recurring financial charges | 65 | €3,710 | €4,672 | +€962 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €291,206 | €336,869 | +€45,663 | +15.7% |
| Income taxes | 67/77 | €20,537 | €103,490 | +€82,953 | +404% |
| Profit (loss) for the period | 9904 | €270,669 | €233,380 | -€37,290 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €270,669 | €233,380 | -€37,290 | -13.8% |
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 17 October 2026 via checked.be.