Imecare: 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.
Imecare
Largest movements
- Cash +€111,454
up €111,454 (+64.4%), from €173,086 to €284,540
mainly Net result for the year (+€79,792) and Tax, wage and social debts (+€28,356)
- Receivables within one year -€9,540
down €9,540 (-28.8%), from €33,120 to €23,580
of which Trade receivables: -€9,540
- Reserves +€79,792
up €79,792 (+73.2%), from €109,018 to €188,809
- Tax, wage and social debts +€28,356
up €28,356 (+454.8%), from €6,235 to €34,591
of which Taxes: +€28,356
- Accrued charges and deferred income -€5,705
down €5,705 (-97.4%), from €5,860 to €155
- Trade debts +€4,333
up €4,333 (+168.4%), from €2,574 to €6,907
- Financial charges -€47,024
down €47,024 (-88.6%), from €53,096 to €6,072
- Taxes +€29,174
up €29,174 (+213.2%), from €13,687 to €42,861
- Gross operating margin +€27,568
up €27,568 (+28.1%), from €98,124 to €125,692
- Financial income +€3,098
up €3,098 (+260.4%), from €1,190 to €4,288
- Other operating charges -€1,547
down €1,547 (-82.3%), from €1,879 to €332
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 | €209,078 | €313,792 | +€104,714 | +50.1% |
| Fixed assets | 21/28 | €1,932 | €4,303 | +€2,371 | +122.7% |
| Tangible fixed assets | 22/27 | €1,907 | €2,478 | +€571 | +29.9% |
| Furniture and vehicles | 24 | €1,907 | €2,478 | +€571 | +29.9% |
| Financial fixed assets | 28 | €25 | €1,825 | +€1,800 | +7200.0% |
| Current assets | 29/58 | €207,145 | €309,489 | +€102,343 | +49.4% |
| Amounts receivable within one year | 40/41 | €33,120 | €23,580 | -€9,540 | -28.8% |
| Trade receivables | 40 | €33,120 | €23,580 | -€9,540 | -28.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €173,086 | €284,540 | +€111,454 | +64.4% |
| Deferred charges and accrued income | 490/1 | €939 | €1,368 | +€429 | +45.7% |
| Total equity and liabilities | 10/49 | €209,078 | €313,792 | +€104,714 | +50.1% |
| Equity | 10/15 | €127,618 | €207,409 | +€79,792 | +62.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,018 | €188,809 | +€79,792 | +73.2% |
| Distributable reserves | 133 | €109,018 | €188,809 | +€79,792 | +73.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €81,460 | €106,383 | +€24,923 | +30.6% |
| Amounts payable within one year | 42/48 | €75,600 | €106,228 | +€30,627 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | €3,396 | €3,372 | -€23 | -0.7% |
| Trade debts | 44 | €2,574 | €6,907 | +€4,333 | +168.4% |
| Suppliers | 440/4 | €2,574 | €6,907 | +€4,333 | +168.4% |
| Taxes, remuneration and social security | 45 | €6,235 | €34,591 | +€28,356 | +454.8% |
| Taxes | 450/3 | €6,235 | €34,591 | +€28,356 | +454.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €63,397 | €61,358 | -€2,039 | -3.2% |
| Accrued charges and deferred income | 492/3 | €5,860 | €155 | -€5,705 | -97.4% |
| Non-recurring operating income | 76A | - | €13,687 | +€13,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,442 | €923 | -€518 | -36.0% |
| Other operating charges | 640/8 | €1,879 | €332 | -€1,547 | -82.3% |
| Gross operating margin | 9900 | €98,124 | €125,692 | +€27,568 | +28.1% |
| Operating profit (loss) | 9901 | €94,803 | €124,436 | +€29,633 | +31.3% |
| Financial income | 75/76B | €1,190 | €4,288 | +€3,098 | +260.4% |
| Recurring financial income | 75 | €1,190 | €4,288 | +€3,098 | +260.4% |
| Financial charges | 65/66B | €53,096 | €6,072 | -€47,024 | -88.6% |
| Recurring financial charges | 65 | €53,096 | €6,072 | -€47,024 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €42,897 | €122,652 | +€79,755 | +185.9% |
| Income taxes | 67/77 | €13,687 | €42,861 | +€29,174 | +213.2% |
| Profit (loss) for the period | 9904 | €29,211 | €79,792 | +€50,581 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,211 | €79,792 | +€50,581 | +173.2% |
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 28 September 2026 via checked.be.