iMendos Belgium: 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.
iMendos Belgium
Largest movements
- Receivables within one year +€184,394
up €184,394 (+14.5%), from €1.3m to €1.5m
of which Other amounts receivable: +€194,587
- Deferred charges and accrued income -€135,268
down €135,268 (-21.9%), from €617,290 to €482,022
- Cash +€32,559
up €32,559 (+1,946%), from €1,673 to €34,232
mainly Accrued charges and deferred income (+€192,587) and Deferred charges and accrued income (+€135,268)
- Trade debts -€405,415
down €405,415 (-46.5%), from €871,680 to €466,265
- Accrued charges and deferred income +€192,587
up €192,587 (+28.5%), from €675,947 to €868,534
- Profit (loss) carried forward +€120,124
up €120,124 (+41.6%), from €288,421 to €408,545
- Tax, wage and social debts +€86,790
up €86,790 (+46.1%), from €188,226 to €275,016
of which Taxes: +€58,534
- Other debts +€66,574
up €66,574 (+93.9%), from €70,917 to €137,491
- Gross operating margin +€441,742
up €441,742 (+53.1%), from €832,684 to €1.3m
- Staff costs +€316,010
up €316,010 (+40.9%), from €773,490 to €1.1m
- Taxes +€41,563
up €41,563 (+1,585%), from €2,623 to €44,186
- Depreciation +€18,946
up €18,946 (+251%), from €7,549 to €26,495
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 | €2,205,684 | €2,273,830 | +€68,146 | +3.1% |
| Fixed assets | 21/28 | €317,115 | €303,576 | -€13,539 | -4.3% |
| Tangible fixed assets | 22/27 | €63,484 | €49,944 | -€13,540 | -21.3% |
| Plant, machinery and equipment | 23 | - | €4,671 | +€4,671 | |
| Furniture and vehicles | 24 | €63,484 | €45,273 | -€18,211 | -28.7% |
| Financial fixed assets | 28 | €253,631 | €253,631 | +€0 | 0.0% |
| Current assets | 29/58 | €1,888,569 | €1,970,254 | +€81,685 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,269,606 | €1,454,000 | +€184,394 | +14.5% |
| Trade receivables | 40 | €911,014 | €900,821 | -€10,193 | -1.1% |
| Other amounts receivable | 41 | €358,592 | €553,179 | +€194,587 | +54.3% |
| Cash at bank and in hand | 54/58 | €1,673 | €34,232 | +€32,559 | +1,946% |
| Deferred charges and accrued income | 490/1 | €617,290 | €482,022 | -€135,268 | -21.9% |
| Total equity and liabilities | 10/49 | €2,205,684 | €2,273,830 | +€68,146 | +3.1% |
| Equity | 10/15 | €309,261 | €429,385 | +€120,124 | +38.8% |
| Contributions | 10/11 | €19,200 | €19,200 | = | 0.0% |
| Reserves | 13 | €1,640 | €1,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,640 | €1,640 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,640 | €1,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €288,421 | €408,545 | +€120,124 | +41.6% |
| Provisions and deferred taxes | 16 | €45,000 | €45,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €45,000 | €45,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,851,423 | €1,799,445 | -€51,978 | -2.8% |
| Amounts payable after more than one year | 17 | €30,861 | €18,580 | -€12,281 | -39.8% |
| Financial debts | 170/4 | €30,861 | €18,580 | -€12,281 | -39.8% |
| Amounts payable within one year | 42/48 | €1,144,615 | €912,331 | -€232,284 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | - | €33,559 | +€33,559 | |
| Financial debts | 43 | €13,792 | €0 | -€13,792 | -100% |
| Credit institutions | 430/8 | €11,772 | €0 | -€11,772 | -100% |
| Other loans | 439 | €2,020 | - | -€2,020 | |
| Trade debts | 44 | €871,680 | €466,265 | -€405,415 | -46.5% |
| Suppliers | 440/4 | €871,680 | €466,265 | -€405,415 | -46.5% |
| Taxes, remuneration and social security | 45 | €188,226 | €275,016 | +€86,790 | +46.1% |
| Taxes | 450/3 | €56,120 | €114,654 | +€58,534 | +104% |
| Remuneration and social security | 454/9 | €132,106 | €160,362 | +€28,256 | +21.4% |
| Other amounts payable | 47/48 | €70,917 | €137,491 | +€66,574 | +93.9% |
| Accrued charges and deferred income | 492/3 | €675,947 | €868,534 | +€192,587 | +28.5% |
| Non-recurring operating income | 76A | €47,253 | €23,157 | -€24,096 | -51.0% |
| Remuneration, social security and pensions | 62 | €773,490 | €1,089,500 | +€316,010 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,549 | €26,495 | +€18,946 | +251% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,742 | €0 | -€7,742 | -100% |
| Other operating charges | 640/8 | €14,102 | €2,191 | -€11,911 | -84.5% |
| Non-recurring operating charges | 66A | €33,162 | €2,396 | -€30,766 | -92.8% |
| Gross operating margin | 9900 | €832,684 | €1,274,426 | +€441,742 | +53.1% |
| Operating profit (loss) | 9901 | -€3,361 | €153,844 | +€157,205 | |
| Financial income | 75/76B | €6,966 | €18,178 | +€11,212 | +161% |
| Recurring financial income | 75 | €6,966 | €18,178 | +€11,212 | +161% |
| Financial charges | 65/66B | €7,433 | €7,712 | +€279 | +3.8% |
| Recurring financial charges | 65 | €7,433 | €7,712 | +€279 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,828 | €164,309 | +€168,137 | |
| Income taxes | 67/77 | €2,623 | €44,186 | +€41,563 | +1,585% |
| Profit (loss) for the period | 9904 | -€6,451 | €120,123 | +€126,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,451 | €120,123 | +€126,574 |
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 24 October 2026 via checked.be.