IMBRECHTS MARC: 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.
IMBRECHTS MARC
Largest movements
- Receivables within one year +€50,514
up €50,514 (+24.1%), from €209,794 to €260,308
of which Other amounts receivable: +€54,446
- Stocks and contracts -€12,900
down €12,900 (-6.7%), from €192,332 to €179,432
- Short-term financial debts +€40,000
up €40,000 (+80.0%), from €50,000 to €90,000
- Gross operating margin +€2,506
up €2,506 (+52.4%), from €4,784 to €7,290
- Other operating charges +€145
up €145 (+4.4%), from €3,318 to €3,463
- Financial charges +€113
up €113 (+4.7%), from €2,437 to €2,551
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 | €425,617 | €464,980 | +€39,363 | +9.2% |
| Current assets | 29/58 | €425,617 | €464,980 | +€39,363 | +9.2% |
| Stocks and contracts in progress | 3 | €192,332 | €179,432 | -€12,900 | -6.7% |
| Stocks | 30/36 | €192,332 | €179,432 | -€12,900 | -6.7% |
| Amounts receivable within one year | 40/41 | €209,794 | €260,308 | +€50,514 | +24.1% |
| Trade receivables | 40 | €6,473 | €2,542 | -€3,931 | -60.7% |
| Other amounts receivable | 41 | €203,321 | €257,767 | +€54,446 | +26.8% |
| Cash at bank and in hand | 54/58 | €19,115 | €21,701 | +€2,586 | +13.5% |
| Deferred charges and accrued income | 490/1 | €4,376 | €3,539 | -€837 | -19.1% |
| Total equity and liabilities | 10/49 | €425,617 | €464,980 | +€39,363 | +9.2% |
| Equity | 10/15 | -€24,684 | -€23,622 | +€1,063 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,050 | €49,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,190 | €47,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,334 | -€91,272 | +€1,063 | +1.2% |
| Amounts payable | 17/49 | €450,301 | €488,602 | +€38,301 | +8.5% |
| Amounts payable within one year | 42/48 | €450,301 | €488,602 | +€38,301 | +8.5% |
| Financial debts | 43 | €50,000 | €90,000 | +€40,000 | +80.0% |
| Credit institutions | 430/8 | €50,000 | €90,000 | +€40,000 | +80.0% |
| Taxes, remuneration and social security | 45 | - | €945 | +€945 | |
| Taxes | 450/3 | - | €945 | +€945 | |
| Other amounts payable | 47/48 | €400,301 | €397,657 | -€2,644 | -0.7% |
| Other operating charges | 640/8 | €3,318 | €3,463 | +€145 | +4.4% |
| Gross operating margin | 9900 | €4,784 | €7,290 | +€2,506 | +52.4% |
| Operating profit (loss) | 9901 | €1,466 | €3,827 | +€2,361 | +161% |
| Financial charges | 65/66B | €2,437 | €2,551 | +€113 | +4.7% |
| Recurring financial charges | 65 | €2,437 | €2,551 | +€113 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€972 | €1,276 | +€2,248 | |
| Income taxes | 67/77 | €214 | €214 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€1,185 | €1,063 | +€2,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,185 | €1,063 | +€2,248 |
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 29 October 2026 via checked.be.