IMED: 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.
IMED
Largest movements
- Cash -€125,733
down €125,733 (-21.1%), from €596,123 to €470,390
mainly Other debts (-€140,282) and Contributions, distributions and other (-€100,028)
- Receivables within one year +€44,832
up €44,832 (+121.9%), from €36,764 to €81,596
of which Trade receivables: +€35,078
- Other debts -€140,282
down €140,282 (-63.7%), from €220,282 to €80,000
- Reserves +€46,887
up €46,887 (+14.7%), from €319,312 to €366,199
of which Distributable reserves: +€48,746
- Tax, wage and social debts +€18,952
up €18,952 (+330.2%), from €5,740 to €24,693
- Gross operating margin -€31,599
down €31,599 (-15.2%), from €207,788 to €176,189
- Taxes +€3,249
up €3,249 (+13.5%), from €24,148 to €27,396
- Financial income +€2,294
up €2,294 (+153.7%), from €1,492 to €3,786
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 | €634,467 | €554,104 | -€80,364 | -12.7% |
| Fixed assets | 21/28 | €293 | €543 | +€250 | +85.5% |
| Tangible fixed assets | 22/27 | €293 | €543 | +€250 | +85.5% |
| Furniture and vehicles | 24 | €293 | €81 | -€212 | -72.3% |
| Other tangible fixed assets | 26 | - | €462 | +€462 | |
| Current assets | 29/58 | €634,174 | €553,560 | -€80,614 | -12.7% |
| Stocks and contracts in progress | 3 | €814 | €774 | -€41 | -5.0% |
| Stocks | 30/36 | €814 | €774 | -€41 | -5.0% |
| Amounts receivable within one year | 40/41 | €36,764 | €81,596 | +€44,832 | +121.9% |
| Trade receivables | 40 | €30,218 | €65,296 | +€35,078 | +116.1% |
| Other amounts receivable | 41 | €6,546 | €16,300 | +€9,754 | +149.0% |
| Cash at bank and in hand | 54/58 | €596,123 | €470,390 | -€125,733 | -21.1% |
| Deferred charges and accrued income | 490/1 | €473 | €801 | +€328 | +69.4% |
| Total equity and liabilities | 10/49 | €634,467 | €554,104 | -€80,364 | -12.7% |
| Equity | 10/15 | €400,391 | €447,278 | +€46,887 | +11.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €319,312 | €366,199 | +€46,887 | +14.7% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Distributable reserves | 133 | €317,453 | €366,199 | +€48,746 | +15.4% |
| Profit (loss) carried forward | 14 | €74,879 | €74,879 | = | 0.0% |
| Amounts payable | 17/49 | €234,076 | €106,826 | -€127,251 | -54.4% |
| Amounts payable within one year | 42/48 | €234,076 | €106,826 | -€127,251 | -54.4% |
| Financial debts | 43 | €3,809 | €0 | -€3,809 | -100.0% |
| Credit institutions | 430/8 | €3,809 | €0 | -€3,809 | -100.0% |
| Trade debts | 44 | €4,245 | €2,133 | -€2,112 | -49.7% |
| Suppliers | 440/4 | €4,245 | €2,133 | -€2,112 | -49.7% |
| Taxes, remuneration and social security | 45 | €5,740 | €24,693 | +€18,952 | +330.2% |
| Taxes | 450/3 | €5,740 | €24,693 | +€18,952 | +330.2% |
| Other amounts payable | 47/48 | €220,282 | €80,000 | -€140,282 | -63.7% |
| Non-recurring operating income | 76A | €850 | €0 | -€850 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €250 | -€293 | -54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €43 | €41 | -€2 | -5.1% |
| Other operating charges | 640/8 | €2,324 | €1,801 | -€523 | -22.5% |
| Gross operating margin | 9900 | €207,788 | €176,189 | -€31,599 | -15.2% |
| Operating profit (loss) | 9901 | €204,878 | €174,098 | -€30,781 | -15.0% |
| Financial income | 75/76B | €1,492 | €3,786 | +€2,294 | +153.7% |
| Recurring financial income | 75 | €1,492 | €3,786 | +€2,294 | +153.7% |
| Financial charges | 65/66B | €4,663 | €3,573 | -€1,090 | -23.4% |
| Recurring financial charges | 65 | €4,663 | €3,573 | -€1,090 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €201,708 | €174,311 | -€27,397 | -13.6% |
| Income taxes | 67/77 | €24,148 | €27,396 | +€3,249 | +13.5% |
| Profit (loss) for the period | 9904 | €177,560 | €146,915 | -€30,645 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €177,560 | €146,915 | -€30,645 | -17.3% |
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 3 October 2026 via checked.be.