IME Security: 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.
IME Security
Largest movements
- Receivables within one year -€233,432
down €233,432 (-61.9%), from €377,228 to €143,795
of which Other amounts receivable: -€215,391
- Tangible fixed assets +€174,776
up €174,776 (+73.0%), from €239,569 to €414,345
of which Land and buildings: +€179,753
- Cash +€121,279
up €121,279 (+151%), from €80,514 to €201,793
mainly Receivables within one year (+€233,432) and Net result for the year (+€85,107)
- Profit (loss) carried forward +€85,107
up €85,107 (+65.7%), from €129,465 to €214,572
- Debts after one year -€32,239
down €32,239 (-14.9%), from €216,818 to €184,579
- Trade debts +€22,570
up €22,570 (+71.4%), from €31,610 to €54,179
- Gross operating margin +€43,388
up €43,388 (+34.7%), from €125,051 to €168,439
- Taxes +€8,861
up €8,861 (+55.5%), from €15,961 to €24,821
- Write-downs +€2,806
new in 2025: €2,806
- Depreciation +€1,885
up €1,885 (+4.4%), from €42,726 to €44,611
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 | €707,059 | €772,005 | +€64,946 | +9.2% |
| Fixed assets | 21/28 | €239,569 | €414,345 | +€174,776 | +73.0% |
| Tangible fixed assets | 22/27 | €239,569 | €414,345 | +€174,776 | +73.0% |
| Land and buildings | 22 | €209,250 | €389,003 | +€179,753 | +85.9% |
| Plant, machinery and equipment | 23 | €21,244 | €20,188 | -€1,056 | -5.0% |
| Furniture and vehicles | 24 | €4,518 | €1,523 | -€2,995 | -66.3% |
| Other tangible fixed assets | 26 | €4,557 | €3,631 | -€926 | -20.3% |
| Current assets | 29/58 | €467,490 | €357,660 | -€109,830 | -23.5% |
| Stocks and contracts in progress | 3 | €7,185 | €8,775 | +€1,590 | +22.1% |
| Stocks | 30/36 | €7,185 | €8,775 | +€1,590 | +22.1% |
| Amounts receivable within one year | 40/41 | €377,228 | €143,795 | -€233,432 | -61.9% |
| Trade receivables | 40 | €150,483 | €132,441 | -€18,042 | -12.0% |
| Other amounts receivable | 41 | €226,745 | €11,355 | -€215,391 | -95.0% |
| Cash at bank and in hand | 54/58 | €80,514 | €201,793 | +€121,279 | +151% |
| Deferred charges and accrued income | 490/1 | €2,564 | €3,298 | +€734 | +28.6% |
| Total equity and liabilities | 10/49 | €707,059 | €772,005 | +€64,946 | +9.2% |
| Equity | 10/15 | €369,535 | €454,642 | +€85,107 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €221,470 | €221,470 | = | 0.0% |
| Distributable reserves | 133 | €221,470 | €221,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,465 | €214,572 | +€85,107 | +65.7% |
| Amounts payable | 17/49 | €337,524 | €317,363 | -€20,160 | -6.0% |
| Amounts payable after more than one year | 17 | €216,818 | €184,579 | -€32,239 | -14.9% |
| Financial debts | 170/4 | €216,818 | €184,579 | -€32,239 | -14.9% |
| Amounts payable within one year | 42/48 | €120,706 | €132,784 | +€12,078 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €33,042 | €32,239 | -€804 | -2.4% |
| Trade debts | 44 | €31,610 | €54,179 | +€22,570 | +71.4% |
| Suppliers | 440/4 | €31,610 | €54,179 | +€22,570 | +71.4% |
| Advances received on contracts in progress | 46 | €1,127 | €214 | -€912 | -81.0% |
| Taxes, remuneration and social security | 45 | €31,025 | €25,553 | -€5,473 | -17.6% |
| Taxes | 450/3 | €31,025 | €25,553 | -€5,473 | -17.6% |
| Other amounts payable | 47/48 | €23,902 | €20,600 | -€3,303 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,726 | €44,611 | +€1,885 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,806 | +€2,806 | |
| Other operating charges | 640/8 | €3,545 | €3,068 | -€477 | -13.5% |
| Non-recurring operating charges | 66A | - | €1,814 | +€1,814 | |
| Gross operating margin | 9900 | €125,051 | €168,439 | +€43,388 | +34.7% |
| Operating profit (loss) | 9901 | €78,779 | €116,140 | +€37,361 | +47.4% |
| Financial income | 75/76B | €236 | €438 | +€202 | +85.3% |
| Recurring financial income | 75 | €236 | €438 | +€202 | +85.3% |
| Financial charges | 65/66B | €6,835 | €6,650 | -€185 | -2.7% |
| Recurring financial charges | 65 | €6,835 | €6,650 | -€185 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €72,181 | €109,928 | +€37,748 | +52.3% |
| Income taxes | 67/77 | €15,961 | €24,821 | +€8,861 | +55.5% |
| Profit (loss) for the period | 9904 | €56,220 | €85,107 | +€28,887 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,220 | €85,107 | +€28,887 | +51.4% |
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 19 October 2026 via checked.be.