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imcool: 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

imcool

BE 0803.516.722
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,618
2024 · -€18,828+€45,446
Equity
€257,790
2024 · €231,172+€26,618
Cash
€56,839
2024 · €31,033+€25,806
Balance sheet total
€307,872
2024 · €306,833+€1,039

Largest movements

2024 to 2025
Assets
  • Receivables after one year -€50,000

    down €50,000 (-100.0%), from €50,000 to €0

  • Stocks and contracts +€40,000

    new in 2025: €40,000

  • Cash +€25,806

    up €25,806 (+83.2%), from €31,033 to €56,839

    mainly Receivables after one year (+€50,000) and Advances received (+€50,000)

  • Receivables within one year -€22,868

    down €22,868 (-78.3%), from €29,202 to €6,334

    of which Other amounts receivable: -€20,419

  • Tangible fixed assets +€8,733

    up €8,733 (+4.5%), from €194,281 to €203,015

    of which Plant, machinery and equipment: +€8,733

Equity and liabilities
  • Trade debts -€56,647

    down €56,647 (-99.9%), from €56,721 to €74

  • Advances received +€50,000

    new in 2025: €50,000

  • Profit (loss) carried forward +€19,618

    up €19,618, from -€18,828 to €790

  • Tax, wage and social debts -€18,932

    down €18,932 (-100.0%), from €18,940 to €8

  • Reserves +€7,000

    new in 2025: €7,000

Income statement
  • Gross operating margin +€45,353

    up €45,353, from -€17,522 to €27,831

  • Financial income -€1,072

    down €1,072 (-93.7%), from €1,145 to €72

  • Other operating charges -€838

    down €838 (-93.3%), from €898 to €60

  • Depreciation -€294

    down €294 (-20.3%), from €1,447 to €1,153

From the 2024 result to the 2025 result

effect on the 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 -€18,828
Gross operating margin +€45,353
Depreciation +€294
Other operating charges +€838
Financial income -€1,072
Financial charges +€33
Result 2025 €26,618

Cash bridge derived

cash 2024 to 2025

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 +€35,059
Investment -€9,253
Financing €0
Cash 2024 €31,033
Net result for the year +€26,618
Depreciation +€1,153
Receivables after one year +€50,000
Stocks and contracts -€40,000
Receivables within one year +€22,868
Trade debts -€56,647
Tax, wage and social debts -€18,932
Advances received +€50,000
Investment in fixed assets (net) -€9,253
Cash 2025 €56,839
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €306,833 €307,872 +€1,039 +0.3%
Formation expenses 20 €2,317 €1,684 -€633 -27.3%
Fixed assets 21/28 €194,281 €203,015 +€8,733 +4.5%
Tangible fixed assets 22/27 €194,281 €203,015 +€8,733 +4.5%
Plant, machinery and equipment 23 €127,989 €136,722 +€8,733 +6.8%
Furniture and vehicles 24 €4,236 €4,236 = 0.0%
Other tangible fixed assets 26 €62,056 €62,056 = 0.0%
Current assets 29/58 €110,235 €103,173 -€7,062 -6.4%
Amounts receivable after more than one year 29 €50,000 €0 -€50,000 -100.0%
Other amounts receivable 291 €50,000 €0 -€50,000 -100.0%
Stocks and contracts in progress 3 - €40,000 +€40,000
Contracts in progress 37 - €40,000 +€40,000
Amounts receivable within one year 40/41 €29,202 €6,334 -€22,868 -78.3%
Trade receivables 40 €6,118 €3,669 -€2,449 -40.0%
Other amounts receivable 41 €23,084 €2,665 -€20,419 -88.5%
Cash at bank and in hand 54/58 €31,033 €56,839 +€25,806 +83.2%
Total equity and liabilities 10/49 €306,833 €307,872 +€1,039 +0.3%
Equity 10/15 €231,172 €257,790 +€26,618 +11.5%
Contributions 10/11 €250,000 €250,000 = 0.0%
Reserves 13 - €7,000 +€7,000
Distributable reserves 133 - €7,000 +€7,000
Profit (loss) carried forward 14 -€18,828 €790 +€19,618
Amounts payable 17/49 €75,661 €50,082 -€25,579 -33.8%
Amounts payable within one year 42/48 €75,661 €50,082 -€25,579 -33.8%
Trade debts 44 €56,721 €74 -€56,647 -99.9%
Suppliers 440/4 €56,721 €74 -€56,647 -99.9%
Advances received on contracts in progress 46 - €50,000 +€50,000
Taxes, remuneration and social security 45 €18,940 €8 -€18,932 -100.0%
Taxes 450/3 €18,940 €8 -€18,932 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,447 €1,153 -€294 -20.3%
Other operating charges 640/8 €898 €60 -€838 -93.3%
Gross operating margin 9900 -€17,522 €27,831 +€45,353
Operating profit (loss) 9901 -€19,867 €26,618 +€46,485
Financial income 75/76B €1,145 €72 -€1,072 -93.7%
Recurring financial income 75 €1,145 €72 -€1,072 -93.7%
Financial charges 65/66B €106 €72 -€33 -31.6%
Recurring financial charges 65 €106 €72 -€33 -31.6%
Profit (loss) for the period before taxes 9903 -€18,828 €26,618 +€45,446
Profit (loss) for the period 9904 -€18,828 €26,618 +€45,446
Profit (loss) for the period to be appropriated 9905 -€18,828 €26,618 +€45,446

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.