IMENOS: 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.
IMENOS
Largest movements
- Receivables within one year -€14,054
down €14,054 (-34.8%), from €40,392 to €26,338
of which Other amounts receivable: -€13,282
- Current investments +€13,594
up €13,594 (+1698.7%), from €800 to €14,394
- Cash -€11,564
down €11,564 (-44.3%), from €26,104 to €14,540
mainly Contributions, distributions and other (-€41,972) and Tax, wage and social debts (-€22,857)
- Tangible fixed assets -€8,935
down €8,935 (-79.9%), from €11,184 to €2,249
of which Furniture and vehicles: -€8,687
- Tax, wage and social debts -€22,857
down €22,857 (-99.6%), from €22,942 to €85
- Other debts +€15,680
up €15,680 (+30.1%), from €52,167 to €67,847
- Current portion of long-term debt -€15,295
no longer reported in 2025 (was €15,295)
- Gross operating margin +€26,959
up €26,959 (+58.2%), from €46,286 to €73,245
- Taxes +€6,924
up €6,924 (+83.8%), from €8,262 to €15,186
- Financial income -€4,435
down €4,435 (-98.3%), from €4,514 to €79
- Financial charges +€3,516
up €3,516 (+718.0%), from €490 to €4,005
of which Financial charges: +€2,945
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 | €94,034 | €71,715 | -€22,318 | -23.7% |
| Fixed assets | 21/28 | €11,731 | €2,609 | -€9,122 | -77.8% |
| Intangible fixed assets | 21 | €547 | €360 | -€187 | -34.2% |
| Tangible fixed assets | 22/27 | €11,184 | €2,249 | -€8,935 | -79.9% |
| Plant, machinery and equipment | 23 | €582 | €335 | -€248 | -42.5% |
| Furniture and vehicles | 24 | €10,601 | €1,914 | -€8,687 | -81.9% |
| Current assets | 29/58 | €82,303 | €69,107 | -€13,197 | -16.0% |
| Stocks and contracts in progress | 3 | €13,782 | €13,288 | -€494 | -3.6% |
| Stocks | 30/36 | €13,782 | €13,288 | -€494 | -3.6% |
| Amounts receivable within one year | 40/41 | €40,392 | €26,338 | -€14,054 | -34.8% |
| Trade receivables | 40 | €18,392 | €17,621 | -€771 | -4.2% |
| Other amounts receivable | 41 | €22,000 | €8,718 | -€13,282 | -60.4% |
| Current investments | 50/53 | €800 | €14,394 | +€13,594 | +1698.7% |
| Cash at bank and in hand | 54/58 | €26,104 | €14,540 | -€11,564 | -44.3% |
| Deferred charges and accrued income | 490/1 | €1,225 | €547 | -€678 | -55.4% |
| Total equity and liabilities | 10/49 | €94,034 | €71,715 | -€22,318 | -23.7% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €91,034 | €68,715 | -€22,318 | -24.5% |
| Amounts payable within one year | 42/48 | €90,848 | €68,262 | -€22,586 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €15,295 | - | -€15,295 | |
| Trade debts | 44 | €444 | €330 | -€114 | -25.6% |
| Suppliers | 440/4 | €444 | €330 | -€114 | -25.6% |
| Taxes, remuneration and social security | 45 | €22,942 | €85 | -€22,857 | -99.6% |
| Taxes | 450/3 | €22,942 | €85 | -€22,857 | -99.6% |
| Other amounts payable | 47/48 | €52,167 | €67,847 | +€15,680 | +30.1% |
| Accrued charges and deferred income | 492/3 | €186 | €454 | +€268 | +143.9% |
| Remuneration, social security and pensions | 62 | €2,016 | €1,808 | -€208 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,275 | €9,904 | -€372 | -3.6% |
| Other operating charges | 640/8 | €836 | €449 | -€387 | -46.3% |
| Gross operating margin | 9900 | €46,286 | €73,245 | +€26,959 | +58.2% |
| Operating profit (loss) | 9901 | €33,158 | €61,084 | +€27,926 | +84.2% |
| Financial income | 75/76B | €4,514 | €79 | -€4,435 | -98.3% |
| Recurring financial income | 75 | €4,514 | €79 | -€4,435 | -98.3% |
| Financial charges | 65/66B | €490 | €4,005 | +€3,516 | +718.0% |
| Recurring financial charges | 65 | €490 | €3,435 | +€2,945 | +601.5% |
| Non-recurring financial charges | 66B | - | €570 | +€570 | |
| Profit (loss) for the period before taxes | 9903 | €37,182 | €57,157 | +€19,975 | +53.7% |
| Income taxes | 67/77 | €8,262 | €15,186 | +€6,924 | +83.8% |
| Profit (loss) for the period | 9904 | €28,920 | €41,972 | +€13,051 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,920 | €41,972 | +€13,051 | +45.1% |
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 6 October 2026 via checked.be.