IMCOSKY: 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.
IMCOSKY
Largest movements
- Financial fixed assets -€2.2m
down €2.2m (-69.2%), from €3.2m to €1.0m
- Receivables within one year +€384,269
up €384,269 (+1448.9%), from €26,522 to €410,791
of which Other amounts receivable: +€383,947
- Other debts -€2.2m
down €2.2m (-55.8%), from €4.0m to €1.8m
- Reserves +€405,132
up €405,132 (+280.5%), from €144,436 to €549,567
of which Distributable reserves: +€405,132
- Financial income +€2.6m
up €2.6m (+214875933.1%), from €1 to €2.6m
- Financial charges +€2.2m
up €2.2m (+73938.0%), from €3,037 to €2.2m
of which Non-recurring financial charges: +€2.2m
- Gross operating margin +€17,041
up €17,041 (+17.3%), from €98,648 to €115,689
- Taxes +€4,973
up €4,973 (+40.1%), from €12,413 to €17,386
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 | €5,177,376 | €3,317,146 | -€1.9m | -35.9% |
| Fixed assets | 21/28 | €4,941,215 | €2,663,739 | -€2.3m | -46.1% |
| Tangible fixed assets | 22/27 | €1,695,215 | €1,663,739 | -€31,477 | -1.9% |
| Land and buildings | 22 | €1,692,501 | €1,662,237 | -€30,264 | -1.8% |
| Plant, machinery and equipment | 23 | €1,308 | €798 | -€510 | -39.0% |
| Furniture and vehicles | 24 | €1,407 | €703 | -€703 | -50.0% |
| Financial fixed assets | 28 | €3,246,000 | €1,000,000 | -€2.2m | -69.2% |
| Current assets | 29/58 | €236,161 | €653,407 | +€417,246 | +176.7% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,522 | €410,791 | +€384,269 | +1448.9% |
| Trade receivables | 40 | €13,935 | €14,257 | +€322 | +2.3% |
| Other amounts receivable | 41 | €12,587 | €396,535 | +€383,947 | +3050.3% |
| Cash at bank and in hand | 54/58 | €190,131 | €225,474 | +€35,343 | +18.6% |
| Deferred charges and accrued income | 490/1 | €4,508 | €2,142 | -€2,366 | -52.5% |
| Total equity and liabilities | 10/49 | €5,177,376 | €3,317,146 | -€1.9m | -35.9% |
| Equity | 10/15 | €990,436 | €1,395,567 | +€405,132 | +40.9% |
| Contributions | 10/11 | €846,000 | €846,000 | = | 0.0% |
| Reserves | 13 | €144,436 | €549,567 | +€405,132 | +280.5% |
| Non-distributable reserves | 130/1 | €64,894 | €64,894 | = | 0.0% |
| Reserves not available under the articles | 1311 | €64,894 | €64,894 | = | 0.0% |
| Distributable reserves | 133 | €79,541 | €484,673 | +€405,132 | +509.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,186,941 | €1,921,579 | -€2.3m | -54.1% |
| Amounts payable after more than one year | 17 | €150,799 | €111,096 | -€39,703 | -26.3% |
| Financial debts | 170/4 | €150,799 | €111,096 | -€39,703 | -26.3% |
| Amounts payable within one year | 42/48 | €4,036,038 | €1,810,400 | -€2.2m | -55.1% |
| Current portion of amounts payable after more than one year | 42 | €43,321 | €39,703 | -€3,618 | -8.4% |
| Trade debts | 44 | €3,314 | €1,451 | -€1,863 | -56.2% |
| Suppliers | 440/4 | €3,314 | €1,451 | -€1,863 | -56.2% |
| Taxes, remuneration and social security | 45 | €3,437 | €9,228 | +€5,791 | +168.5% |
| Taxes | 450/3 | €3,437 | €9,228 | +€5,791 | +168.5% |
| Other amounts payable | 47/48 | €3,985,967 | €1,760,017 | -€2.2m | -55.8% |
| Accrued charges and deferred income | 492/3 | €103 | €84 | -€20 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,735 | €36,666 | +€931 | +2.6% |
| Other operating charges | 640/8 | €8,619 | €8,077 | -€543 | -6.3% |
| Gross operating margin | 9900 | €98,648 | €115,689 | +€17,041 | +17.3% |
| Operating profit (loss) | 9901 | €54,293 | €70,946 | +€16,653 | +30.7% |
| Financial income | 75/76B | €1 | €2,600,000 | +€2.6m | +214875933.1% |
| Recurring financial income | 75 | €1 | €2,600,000 | +€2.6m | +214875933.1% |
| Financial charges | 65/66B | €3,037 | €2,248,429 | +€2.2m | +73938.0% |
| Recurring financial charges | 65 | €3,037 | €2,429 | -€608 | -20.0% |
| Non-recurring financial charges | 66B | - | €2,246,000 | +€2.2m | |
| Profit (loss) for the period before taxes | 9903 | €51,257 | €422,517 | +€371,260 | +724.3% |
| Income taxes | 67/77 | €12,413 | €17,386 | +€4,973 | +40.1% |
| Profit (loss) for the period | 9904 | €38,845 | €405,132 | +€366,287 | +943.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,845 | €405,132 | +€366,287 | +943.0% |
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 6 October 2026 via checked.be.