Imbrechts: 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.
Imbrechts
Largest movements
- Cash -€25,461
down €25,461 (-38.8%), from €65,547 to €40,086
mainly Receivables within one year (-€14,837) and Debts after one year (-€13,137)
- Tangible fixed assets -€19,219
down €19,219 (-26.7%), from €71,915 to €52,697
of which Plant, machinery and equipment: -€14,972
- Receivables within one year +€14,837
up €14,837 (+60.0%), from €24,740 to €39,577
of which Trade receivables: +€14,818
- Debts after one year -€13,137
down €13,137 (-28.8%), from €45,577 to €32,440
- Trade debts -€10,199
down €10,199 (-89.2%), from €11,434 to €1,235
- Other debts -€7,378
down €7,378 (-32.2%), from €22,881 to €15,503
- Reserves +€7,263
up €7,263 (+12.7%), from €57,055 to €64,317
- Tax, wage and social debts -€3,737
down €3,737 (-46.5%), from €8,034 to €4,297
- Gross operating margin -€24,241
down €24,241 (-38.5%), from €63,031 to €38,791
- Taxes -€3,959
down €3,959 (-59.5%), from €6,656 to €2,697
- Depreciation -€2,624
down €2,624 (-9.0%), from €29,294 to €26,670
- Financial charges -€828
down €828 (-37.1%), from €2,231 to €1,403
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 | €164,483 | €135,979 | -€28,504 | -17.3% |
| Fixed assets | 21/28 | €71,915 | €54,155 | -€17,760 | -24.7% |
| Intangible fixed assets | 21 | - | €1,458 | +€1,458 | |
| Tangible fixed assets | 22/27 | €71,915 | €52,697 | -€19,219 | -26.7% |
| Plant, machinery and equipment | 23 | €63,041 | €48,069 | -€14,972 | -23.8% |
| Furniture and vehicles | 24 | €7,547 | €3,965 | -€3,582 | -47.5% |
| Other tangible fixed assets | 26 | €1,327 | €663 | -€664 | -50.1% |
| Current assets | 29/58 | €92,568 | €81,824 | -€10,744 | -11.6% |
| Stocks and contracts in progress | 3 | €1,432 | €1,432 | = | 0.0% |
| Stocks | 30/36 | €1,432 | €1,432 | = | 0.0% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,740 | €39,577 | +€14,837 | +60.0% |
| Trade receivables | 40 | €19,390 | €34,208 | +€14,818 | +76.4% |
| Other amounts receivable | 41 | €5,351 | €5,369 | +€19 | +0.4% |
| Cash at bank and in hand | 54/58 | €65,547 | €40,086 | -€25,461 | -38.8% |
| Deferred charges and accrued income | 490/1 | €848 | €729 | -€120 | -14.1% |
| Total equity and liabilities | 10/49 | €164,483 | €135,979 | -€28,504 | -17.3% |
| Equity | 10/15 | €62,055 | €69,317 | +€7,263 | +11.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,055 | €64,317 | +€7,263 | +12.7% |
| Distributable reserves | 133 | €57,055 | €64,317 | +€7,263 | +12.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €102,428 | €66,662 | -€35,767 | -34.9% |
| Amounts payable after more than one year | 17 | €45,577 | €32,440 | -€13,137 | -28.8% |
| Financial debts | 170/4 | €45,577 | €32,440 | -€13,137 | -28.8% |
| Amounts payable within one year | 42/48 | €55,118 | €34,172 | -€20,946 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €12,769 | €13,137 | +€368 | +2.9% |
| Trade debts | 44 | €11,434 | €1,235 | -€10,199 | -89.2% |
| Suppliers | 440/4 | €11,434 | €1,235 | -€10,199 | -89.2% |
| Taxes, remuneration and social security | 45 | €8,034 | €4,297 | -€3,737 | -46.5% |
| Taxes | 450/3 | €8,034 | €4,297 | -€3,737 | -46.5% |
| Other amounts payable | 47/48 | €22,881 | €15,503 | -€7,378 | -32.2% |
| Accrued charges and deferred income | 492/3 | €1,733 | €49 | -€1,684 | -97.2% |
| Non-recurring operating income | 76A | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,294 | €26,670 | -€2,624 | -9.0% |
| Other operating charges | 640/8 | €736 | €759 | +€23 | +3.1% |
| Gross operating margin | 9900 | €63,031 | €38,791 | -€24,241 | -38.5% |
| Operating profit (loss) | 9901 | €33,002 | €11,362 | -€21,640 | -65.6% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.8% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.8% |
| Financial charges | 65/66B | €2,231 | €1,403 | -€828 | -37.1% |
| Recurring financial charges | 65 | €2,231 | €1,403 | -€828 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €30,779 | €9,959 | -€20,820 | -67.6% |
| Income taxes | 67/77 | €6,656 | €2,697 | -€3,959 | -59.5% |
| Profit (loss) for the period | 9904 | €24,123 | €7,263 | -€16,860 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,123 | €7,263 | -€16,860 | -69.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.