Imeco Solvings: what changed
Imeco Solvings
Largest movements
- Receivables within one year +€36,152
up €36,152 (+56.3%), from €64,246 to €100,398
of which Other amounts receivable: +€36,152
- Stocks and contracts -€24,200
no longer reported in 2025 (was €24,200)
- Tangible fixed assets +€3,185
up €3,185 (+62.4%), from €5,103 to €8,287
of which Furniture and vehicles: +€2,825
- Cash -€2,985
down €2,985 (-36.0%), from €8,298 to €5,313
mainly Receivables within one year (-€36,152) and Accrued charges and deferred income (-€24,137)
- Profit (loss) carried forward +€36,057
new in 2025: €36,057
- Accrued charges and deferred income -€24,137
no longer reported in 2025 (was €24,137)
- Tax, wage and social debts -€9,089
down €9,089 (-18.9%), from €48,014 to €38,925
of which Taxes: -€7,841
- Trade debts +€8,498
up €8,498 (+69.6%), from €12,215 to €20,713
- Gross operating margin -€11,545
down €11,545 (-17.0%), from €67,781 to €56,236
- Financial income -€4,406
down €4,406 (-100.0%), from €4,407 to €1
- Financial charges -€1,950
down €1,950 (-34.8%), from €5,602 to €3,652
- Other operating charges -€797
down €797 (-60.5%), from €1,317 to €520
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,368 | €214,696 | +€11,328 | +5.6% |
| Fixed assets | 21/28 | €6,201 | €8,986 | +€2,785 | +44.9% |
| Intangible fixed assets | 21 | €1,098 | €698 | -€400 | -36.4% |
| Tangible fixed assets | 22/27 | €5,103 | €8,287 | +€3,185 | +62.4% |
| Plant, machinery and equipment | 23 | €4,529 | €4,888 | +€359 | +7.9% |
| Furniture and vehicles | 24 | €574 | €3,399 | +€2,825 | +492% |
| Current assets | 29/58 | €197,167 | €205,711 | +€8,543 | +4.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,200 | - | -€24,200 | |
| Stocks | 30/36 | €24,200 | - | -€24,200 | |
| Amounts receivable within one year | 40/41 | €64,246 | €100,398 | +€36,152 | +56.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €64,246 | €100,398 | +€36,152 | +56.3% |
| Cash at bank and in hand | 54/58 | €8,298 | €5,313 | -€2,985 | -36.0% |
| Deferred charges and accrued income | 490/1 | €423 | - | -€423 | |
| Total equity and liabilities | 10/49 | €203,368 | €214,696 | +€11,328 | +5.6% |
| Equity | 10/15 | €119,001 | €155,058 | +€36,057 | +30.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €117,001 | €117,001 | = | 0.0% |
| Distributable reserves | 133 | €117,001 | €117,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €36,057 | +€36,057 | |
| Amounts payable | 17/49 | €84,367 | €59,638 | -€24,729 | -29.3% |
| Amounts payable within one year | 42/48 | €60,230 | €59,638 | -€592 | -1.0% |
| Trade debts | 44 | €12,215 | €20,713 | +€8,498 | +69.6% |
| Suppliers | 440/4 | €12,215 | €20,713 | +€8,498 | +69.6% |
| Taxes, remuneration and social security | 45 | €48,014 | €38,925 | -€9,089 | -18.9% |
| Taxes | 450/3 | €46,714 | €38,873 | -€7,841 | -16.8% |
| Remuneration and social security | 454/9 | €1,300 | €52 | -€1,248 | -96.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €24,137 | - | -€24,137 | |
| Remuneration, social security and pensions | 62 | - | €553 | +€553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,087 | €2,956 | -€131 | -4.2% |
| Other operating charges | 640/8 | €1,317 | €520 | -€797 | -60.5% |
| Non-recurring operating charges | 66A | €2,500 | - | -€2,500 | |
| Gross operating margin | 9900 | €67,781 | €56,236 | -€11,545 | -17.0% |
| Operating profit (loss) | 9901 | €60,878 | €52,208 | -€8,670 | -14.2% |
| Financial income | 75/76B | €4,407 | €1 | -€4,406 | -100.0% |
| Recurring financial income | 75 | €4,407 | €1 | -€4,406 | -100.0% |
| Financial charges | 65/66B | €5,602 | €3,652 | -€1,950 | -34.8% |
| Recurring financial charges | 65 | €5,602 | €3,652 | -€1,950 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €59,683 | €48,557 | -€11,126 | -18.6% |
| Income taxes | 67/77 | €12,691 | €12,500 | -€191 | -1.5% |
| Profit (loss) for the period | 9904 | €46,991 | €36,057 | -€10,935 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,991 | €36,057 | -€10,935 | -23.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.