IMBY: 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.
IMBY
Largest movements
- Intangible fixed assets +€413,984
up €413,984 (+358%), from €115,612 to €529,596
- Cash -€318,966
down €318,966 (-84.8%), from €376,075 to €57,109
mainly Investment in fixed assets (net) (-€464,693) and Trade debts (-€263,686)
- Receivables within one year -€18,346
down €18,346 (-20.3%), from €90,253 to €71,907
of which Trade receivables: -€42,314
- Deferred charges and accrued income +€10,444
up €10,444 (+3,998%), from €261 to €10,705
- Debts after one year +€338,792
up €338,792 (+339%), from €100,000 to €438,792
- Trade debts -€263,686
down €263,686 (-99.8%), from €264,238 to €552
- Profit (loss) carried forward +€17,271
up €17,271, from -€10,308 to €6,963
- Depreciation +€47,133
up €47,133 (+41,904%), from €112 to €47,246
- Gross operating margin +€27,259
up €27,259 (+22.6%), from €120,609 to €147,868
- Staff costs -€8,619
down €8,619 (-10.7%), from €80,315 to €71,696
- Financial charges +€4,880
up €4,880 (+508%), from €960 to €5,841
- Other operating charges +€4,287
up €4,287 (+260%), from €1,646 to €5,933
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 | €588,297 | €678,876 | +€90,579 | +15.4% |
| Fixed assets | 21/28 | €121,709 | €539,155 | +€417,447 | +343% |
| Intangible fixed assets | 21 | €115,612 | €529,596 | +€413,984 | +358% |
| Tangible fixed assets | 22/27 | €1,747 | €5,210 | +€3,463 | +198% |
| Plant, machinery and equipment | 23 | - | €5,210 | +€5,210 | |
| Furniture and vehicles | 24 | €1,747 | €0 | -€1,747 | -100% |
| Financial fixed assets | 28 | €4,350 | €4,350 | = | 0.0% |
| Current assets | 29/58 | €466,588 | €139,720 | -€326,868 | -70.1% |
| Amounts receivable within one year | 40/41 | €90,253 | €71,907 | -€18,346 | -20.3% |
| Trade receivables | 40 | €77,426 | €35,112 | -€42,314 | -54.7% |
| Other amounts receivable | 41 | €12,826 | €36,795 | +€23,968 | +187% |
| Cash at bank and in hand | 54/58 | €376,075 | €57,109 | -€318,966 | -84.8% |
| Deferred charges and accrued income | 490/1 | €261 | €10,705 | +€10,444 | +3,998% |
| Total equity and liabilities | 10/49 | €588,297 | €678,876 | +€90,579 | +15.4% |
| Equity | 10/15 | €208,838 | €226,109 | +€17,271 | +8.3% |
| Contributions | 10/11 | €219,146 | €219,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,308 | €6,963 | +€17,271 | |
| Amounts payable | 17/49 | €379,459 | €452,767 | +€73,308 | +19.3% |
| Amounts payable after more than one year | 17 | €100,000 | €438,792 | +€338,792 | +339% |
| Financial debts | 170/4 | €100,000 | €438,792 | +€338,792 | +339% |
| Amounts payable within one year | 42/48 | €279,459 | €13,412 | -€266,047 | -95.2% |
| Trade debts | 44 | €264,238 | €552 | -€263,686 | -99.8% |
| Suppliers | 440/4 | €264,238 | €552 | -€263,686 | -99.8% |
| Taxes, remuneration and social security | 45 | €9,889 | €6,557 | -€3,332 | -33.7% |
| Taxes | 450/3 | €2,844 | €1,720 | -€1,124 | -39.5% |
| Remuneration and social security | 454/9 | €7,044 | €4,836 | -€2,208 | -31.3% |
| Other amounts payable | 47/48 | €5,332 | €6,303 | +€971 | +18.2% |
| Accrued charges and deferred income | 492/3 | - | €563 | +€563 | |
| Remuneration, social security and pensions | 62 | €80,315 | €71,696 | -€8,619 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112 | €47,246 | +€47,133 | +41,904% |
| Other operating charges | 640/8 | €1,646 | €5,933 | +€4,287 | +260% |
| Gross operating margin | 9900 | €120,609 | €147,868 | +€27,259 | +22.6% |
| Operating profit (loss) | 9901 | €38,535 | €22,993 | -€15,542 | -40.3% |
| Financial income | 75/76B | €1,502 | €119 | -€1,383 | -92.1% |
| Recurring financial income | 75 | €1,502 | €119 | -€1,383 | -92.1% |
| Financial charges | 65/66B | €960 | €5,841 | +€4,880 | +508% |
| Recurring financial charges | 65 | €960 | €5,841 | +€4,880 | +508% |
| Profit (loss) for the period before taxes | 9903 | €39,076 | €17,271 | -€21,805 | -55.8% |
| Income taxes | 67/77 | €719 | €0 | -€719 | -100% |
| Profit (loss) for the period | 9904 | €38,358 | €17,271 | -€21,087 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,358 | €17,271 | -€21,087 | -55.0% |
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 28 October 2026 via checked.be.