Imcore Group: 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.
Imcore Group
Largest movements
- Receivables within one year -€17,215
no longer reported in 2024 (was €17,215)
- Tangible fixed assets -€9,341
down €9,341 (-16.4%), from €56,858 to €47,517
of which Other tangible fixed assets: -€9,341
- Stocks and contracts +€5,992
up €5,992 (+25.9%), from €23,106 to €29,098
- Financial fixed assets +€5,000
up €5,000 (+2193.0%), from €228 to €5,228
- Cash +€3,475
up €3,475 (+97.0%), from €3,582 to €7,057
mainly Net result for the year (+€17,260) and Receivables within one year (+€17,215)
- Profit (loss) carried forward +€17,260
up €17,260 (+27.7%), from -€62,256 to -€44,996
- Debts after one year -€11,696
down €11,696 (-13.4%), from €87,126 to €75,431
- Tax, wage and social debts -€6,705
down €6,705 (-68.6%), from €9,775 to €3,070
of which Taxes: -€4,864
- Trade debts -€4,495
down €4,495 (-47.1%), from €9,543 to €5,049
- Accrued charges and deferred income -€2,318
down €2,318 (-33.0%), from €7,017 to €4,699
- Gross operating margin +€36,924
up €36,924 (+85.4%), from €43,229 to €80,153
- Staff costs +€7,778
up €7,778 (+17.6%), from €44,098 to €51,876
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,006 | €91,462 | -€9,544 | -9.4% |
| Fixed assets | 21/28 | €57,086 | €52,745 | -€4,341 | -7.6% |
| Tangible fixed assets | 22/27 | €56,858 | €47,517 | -€9,341 | -16.4% |
| Furniture and vehicles | 24 | €810 | €810 | = | 0.0% |
| Other tangible fixed assets | 26 | €56,048 | €46,707 | -€9,341 | -16.7% |
| Financial fixed assets | 28 | €228 | €5,228 | +€5,000 | +2193.0% |
| Current assets | 29/58 | €43,920 | €38,717 | -€5,203 | -11.8% |
| Stocks and contracts in progress | 3 | €23,106 | €29,098 | +€5,992 | +25.9% |
| Stocks | 30/36 | €23,106 | €29,098 | +€5,992 | +25.9% |
| Amounts receivable within one year | 40/41 | €17,215 | - | -€17,215 | |
| Trade receivables | 40 | €17,215 | - | -€17,215 | |
| Cash at bank and in hand | 54/58 | €3,582 | €7,057 | +€3,475 | +97.0% |
| Deferred charges and accrued income | 490/1 | €16 | €2,562 | +€2,546 | +15522.3% |
| Total equity and liabilities | 10/49 | €101,006 | €91,462 | -€9,544 | -9.4% |
| Equity | 10/15 | -€36,256 | -€18,996 | +€17,260 | +47.6% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,256 | -€44,996 | +€17,260 | +27.7% |
| Provisions and deferred taxes | 16 | €4,990 | €5,554 | +€564 | +11.3% |
| Provisions for liabilities and charges | 160/5 | €4,990 | €5,554 | +€564 | +11.3% |
| Other liabilities and charges | 164/5 | €4,990 | €5,554 | +€564 | +11.3% |
| Amounts payable | 17/49 | €132,272 | €104,905 | -€27,367 | -20.7% |
| Amounts payable after more than one year | 17 | €87,126 | €75,431 | -€11,696 | -13.4% |
| Financial debts | 170/4 | €87,126 | €75,431 | -€11,696 | -13.4% |
| Amounts payable within one year | 42/48 | €38,128 | €24,775 | -€13,354 | -35.0% |
| Trade debts | 44 | €9,543 | €5,049 | -€4,495 | -47.1% |
| Suppliers | 440/4 | €9,543 | €5,049 | -€4,495 | -47.1% |
| Taxes, remuneration and social security | 45 | €9,775 | €3,070 | -€6,705 | -68.6% |
| Taxes | 450/3 | €7,934 | €3,070 | -€4,864 | -61.3% |
| Remuneration and social security | 454/9 | €1,841 | - | -€1,841 | |
| Other amounts payable | 47/48 | €18,810 | €16,656 | -€2,154 | -11.5% |
| Accrued charges and deferred income | 492/3 | €7,017 | €4,699 | -€2,318 | -33.0% |
| Non-recurring operating income | 76A | - | €3,222 | +€3,222 | |
| Remuneration, social security and pensions | 62 | €44,098 | €51,876 | +€7,778 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,341 | €9,341 | = | 0.0% |
| Gross operating margin | 9900 | €43,229 | €80,153 | +€36,924 | +85.4% |
| Operating profit (loss) | 9901 | -€10,211 | €18,935 | +€29,146 | |
| Financial charges | 65/66B | €2,292 | €1,675 | -€616 | -26.9% |
| Recurring financial charges | 65 | €2,292 | €1,675 | -€616 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,503 | €17,260 | +€29,762 | |
| Profit (loss) for the period | 9904 | -€12,503 | €17,260 | +€29,762 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,503 | €17,260 | +€29,762 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.