IMBOS: 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.
What changed
IMBOS
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,832
2024 · -€27,009+€64,841
Equity
€3.3m
2024 · €3.3m+€37,832
Cash
€19,718
2024 · €33,258-€13,540
Balance sheet total
€3.5m
2024 · €3.4m+€41,469
Largest movements
Assets
- Receivables within one year +€85,951
up €85,951 (+36.1%), from €238,362 to €324,314
Equity and liabilities
- Profit (loss) carried forward +€48,633
up €48,633 (+231.2%), from €21,035 to €69,668
Income statement
- Gross operating margin +€59,269
up €59,269 (+643.3%), from €9,213 to €68,482
- Depreciation -€11,560
down €11,560 (-27.2%), from €42,559 to €30,999
- Taxes +€7,707
up €7,707 (+72.9%), from €10,574 to €18,282
- Financial income +€2,384
up €2,384 (+10.3%), from €23,055 to €25,439
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.
Result 2024
-€27,009
Gross operating margin
+€59,269
Depreciation
+€11,560
Other operating charges
-€310
Financial income
+€2,384
Financial charges
-€5
Taxes
-€7,707
Deferred taxes and other
-€350
Result 2025
€37,832
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.
From operations
-€13,540
Investment
€0
Financing
€0
Cash 2024
€33,258
From operations (derived)
-€13,540
Net result for the year
+€37,832
Depreciation
+€30,999
Receivables within one year
-€85,951
Deferred charges and accrued income
-€56
Provisions
-€5,562
Trade debts
+€1,498
Tax, wage and social debts
+€7,700
Cash 2025
€19,718
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,425,313 | €3,466,782 | +€41,469 | +1.2% |
| Fixed assets | 21/28 | €2,150,658 | €2,119,658 | -€30,999 | -1.4% |
| Tangible fixed assets | 22/27 | €2,150,410 | €2,119,410 | -€30,999 | -1.4% |
| Land and buildings | 22 | €2,150,410 | €2,119,410 | -€30,999 | -1.4% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €1,274,655 | €1,347,123 | +€72,468 | +5.7% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €238,362 | €324,314 | +€85,951 | +36.1% |
| Other amounts receivable | 41 | €238,362 | €324,314 | +€85,951 | +36.1% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,258 | €19,718 | -€13,540 | -40.7% |
| Deferred charges and accrued income | 490/1 | €3,034 | €3,091 | +€56 | +1.9% |
| Total equity and liabilities | 10/49 | €3,425,313 | €3,466,782 | +€41,469 | +1.2% |
| Equity | 10/15 | €3,298,486 | €3,336,318 | +€37,832 | +1.1% |
| Contributions | 10/11 | €3,031,118 | €3,031,118 | = | 0.0% |
| Capital | 10 | €3,031,118 | €3,031,118 | = | 0.0% |
| Issued capital | 100 | €3,031,118 | €3,031,118 | = | 0.0% |
| Reserves | 13 | €246,333 | €235,532 | -€10,801 | -4.4% |
| Non-distributable reserves | 130/1 | €21,487 | €21,487 | = | 0.0% |
| Legal reserve | 130 | €21,487 | €21,487 | = | 0.0% |
| Tax-exempt reserves | 132 | €192,489 | €181,688 | -€10,801 | -5.6% |
| Distributable reserves | 133 | €32,356 | €32,356 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,035 | €69,668 | +€48,633 | +231.2% |
| Provisions and deferred taxes | 16 | €96,927 | €91,366 | -€5,562 | -5.7% |
| Deferred taxes | 168 | €96,927 | €91,366 | -€5,562 | -5.7% |
| Amounts payable | 17/49 | €29,900 | €39,098 | +€9,198 | +30.8% |
| Amounts payable within one year | 42/48 | €29,900 | €39,098 | +€9,198 | +30.8% |
| Trade debts | 44 | €19,300 | €20,798 | +€1,498 | +7.8% |
| Suppliers | 440/4 | €19,300 | €20,798 | +€1,498 | +7.8% |
| Taxes, remuneration and social security | 45 | €10,600 | €18,300 | +€7,700 | +72.6% |
| Taxes | 450/3 | €10,600 | €18,300 | +€7,700 | +72.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,790 | €4,116 | +€326 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,559 | €30,999 | -€11,560 | -27.2% |
| Other operating charges | 640/8 | €11,717 | €12,027 | +€310 | +2.6% |
| Gross operating margin | 9900 | €9,213 | €68,482 | +€59,269 | +643.3% |
| Operating profit (loss) | 9901 | -€45,062 | €25,456 | +€70,519 | |
| Financial income | 75/76B | €23,055 | €25,439 | +€2,384 | +10.3% |
| Recurring financial income | 75 | €23,055 | €25,439 | +€2,384 | +10.3% |
| Financial charges | 65/66B | €339 | €344 | +€5 | +1.3% |
| Recurring financial charges | 65 | €339 | €344 | +€5 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,346 | €50,552 | +€72,898 | |
| Transfer from deferred taxes | 780 | €5,912 | €5,562 | -€350 | -5.9% |
| Income taxes | 67/77 | €10,574 | €18,282 | +€7,707 | +72.9% |
| Profit (loss) for the period | 9904 | -€27,009 | €37,832 | +€64,841 | |
| Transfer from tax-exempt reserves | 789 | €11,344 | €10,801 | -€543 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,665 | €48,633 | +€64,298 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.