IMDENHOF: 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.
IMDENHOF
Largest movements
- Tangible fixed assets -€9,652
down €9,652 (-34.3%), from €28,100 to €18,448
of which Furniture and vehicles: -€8,000
- Stocks and contracts -€1,579
down €1,579 (-11.1%), from €14,194 to €12,615
- Deferred charges and accrued income -€1,231
no longer reported in 2025 (was €1,231)
- Other debts -€5,926
down €5,926 (-5.9%), from €100,691 to €94,765
- Profit (loss) carried forward -€5,395
down €5,395 (-8.1%), from -€66,563 to -€71,958
- Trade debts -€3,278
down €3,278 (-79.9%), from €4,104 to €826
- Tax, wage and social debts +€1,883
up €1,883 (+595%), from €316 to €2,199
- Gross operating margin +€7,564
up €7,564, from -€2,584 to €4,981
- Depreciation -€59
down €59 (-0.6%), from €9,712 to €9,652
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 | €50,949 | €38,232 | -€12,716 | -25.0% |
| Fixed assets | 21/28 | €28,100 | €18,448 | -€9,652 | -34.3% |
| Tangible fixed assets | 22/27 | €28,100 | €18,448 | -€9,652 | -34.3% |
| Plant, machinery and equipment | 23 | €2,863 | €1,527 | -€1,336 | -46.7% |
| Furniture and vehicles | 24 | €23,101 | €15,101 | -€8,000 | -34.6% |
| Other tangible fixed assets | 26 | €2,135 | €1,819 | -€316 | -14.8% |
| Current assets | 29/58 | €22,849 | €19,785 | -€3,064 | -13.4% |
| Stocks and contracts in progress | 3 | €14,194 | €12,615 | -€1,579 | -11.1% |
| Stocks | 30/36 | €14,194 | €12,615 | -€1,579 | -11.1% |
| Amounts receivable within one year | 40/41 | €5,176 | €4,946 | -€229 | -4.4% |
| Trade receivables | 40 | €5,111 | €4,881 | -€229 | -4.5% |
| Other amounts receivable | 41 | €65 | €65 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,248 | €2,223 | -€25 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,231 | - | -€1,231 | |
| Total equity and liabilities | 10/49 | €50,949 | €38,232 | -€12,716 | -25.0% |
| Equity | 10/15 | -€54,163 | -€59,558 | -€5,395 | -10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,563 | -€71,958 | -€5,395 | -8.1% |
| Amounts payable | 17/49 | €105,112 | €97,790 | -€7,322 | -7.0% |
| Amounts payable within one year | 42/48 | €105,112 | €97,790 | -€7,322 | -7.0% |
| Trade debts | 44 | €4,104 | €826 | -€3,278 | -79.9% |
| Suppliers | 440/4 | €4,104 | €826 | -€3,278 | -79.9% |
| Taxes, remuneration and social security | 45 | €316 | €2,199 | +€1,883 | +595% |
| Taxes | 450/3 | €316 | €2,199 | +€1,883 | +595% |
| Other amounts payable | 47/48 | €100,691 | €94,765 | -€5,926 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,712 | €9,652 | -€59 | -0.6% |
| Other operating charges | 640/8 | €625 | €586 | -€40 | -6.4% |
| Gross operating margin | 9900 | -€2,584 | €4,981 | +€7,564 | |
| Operating profit (loss) | 9901 | -€12,921 | -€5,257 | +€7,663 | +59.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €93 | €137 | +€44 | +47.2% |
| Recurring financial charges | 65 | €93 | €137 | +€44 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,014 | -€5,395 | +€7,619 | +58.5% |
| Profit (loss) for the period | 9904 | -€13,014 | -€5,395 | +€7,619 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,014 | -€5,395 | +€7,619 | +58.5% |
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 24 October 2026 via checked.be.