IMDEV: 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.
IMDEV
Largest movements
- Tangible fixed assets -€15,203
down €15,203 (-7.3%), from €207,819 to €192,616
- Cash +€4,410
up €4,410 (+31.1%), from €14,185 to €18,595
mainly Depreciation (+€15,203) and Net result for the year (+€14,539)
- Debts after one year -€8,476
down €8,476 (-14.9%), from €56,915 to €48,439
of which Financial debts: -€5,321
- Trade debts -€3,519
no longer reported in 2024 (was €3,519)
- Tax, wage and social debts +€2,963
up €2,963 (+117.5%), from €2,521 to €5,484
- Gross operating margin +€16,246
up €16,246 (+59.5%), from €27,322 to €43,568
- Taxes +€4,448
up €4,448 (+429.2%), from €1,036 to €5,484
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 | €222,004 | €211,211 | -€10,792 | -4.9% |
| Fixed assets | 21/28 | €207,819 | €192,616 | -€15,203 | -7.3% |
| Tangible fixed assets | 22/27 | €207,819 | €192,616 | -€15,203 | -7.3% |
| Land and buildings | 22 | €207,819 | €192,616 | -€15,203 | -7.3% |
| Current assets | 29/58 | €14,185 | €18,595 | +€4,410 | +31.1% |
| Cash at bank and in hand | 54/58 | €14,185 | €18,595 | +€4,410 | +31.1% |
| Total equity and liabilities | 10/49 | €222,004 | €211,211 | -€10,792 | -4.9% |
| Equity | 10/15 | €99,383 | €98,922 | -€461 | -0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €16,432 | €16,432 | = | 0.0% |
| Reserves | 13 | €31,700 | €31,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,020 | €15,020 | = | 0.0% |
| Distributable reserves | 133 | €14,680 | €14,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,251 | €790 | -€461 | -36.8% |
| Amounts payable | 17/49 | €122,620 | €112,289 | -€10,331 | -8.4% |
| Amounts payable after more than one year | 17 | €56,915 | €48,439 | -€8,476 | -14.9% |
| Financial debts | 170/4 | €45,359 | €40,039 | -€5,321 | -11.7% |
| Advances received on contracts in progress | 176 | €11,556 | €8,400 | -€3,156 | -27.3% |
| Amounts payable within one year | 42/48 | €65,706 | €63,850 | -€1,855 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €5,210 | €5,321 | +€111 | +2.1% |
| Trade debts | 44 | €3,519 | - | -€3,519 | |
| Suppliers | 440/4 | €3,519 | - | -€3,519 | |
| Taxes, remuneration and social security | 45 | €2,521 | €5,484 | +€2,963 | +117.5% |
| Taxes | 450/3 | €2,521 | €5,484 | +€2,963 | +117.5% |
| Other amounts payable | 47/48 | €54,456 | €53,046 | -€1,410 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,275 | €15,203 | -€73 | -0.5% |
| Other operating charges | 640/8 | €6,931 | €7,206 | +€275 | +4.0% |
| Gross operating margin | 9900 | €27,322 | €43,568 | +€16,246 | +59.5% |
| Operating profit (loss) | 9901 | €5,116 | €21,160 | +€16,044 | +313.6% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €1,245 | €1,137 | -€109 | -8.7% |
| Recurring financial charges | 65 | €1,245 | €1,137 | -€109 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €3,883 | €20,023 | +€16,140 | +415.6% |
| Income taxes | 67/77 | €1,036 | €5,484 | +€4,448 | +429.2% |
| Profit (loss) for the period | 9904 | €2,847 | €14,539 | +€11,692 | +410.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,847 | €14,539 | +€11,692 | +410.7% |
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.