IMeNSE: 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.
IMeNSE
Largest movements
- Stocks and contracts +€207,040
up €207,040 (+43.6%), from €474,476 to €681,516
- Receivables within one year -€62,682
down €62,682 (-65.0%), from €96,379 to €33,697
of which Other amounts receivable: -€95,091
- Debts after one year +€334,070
up €334,070 (+137%), from €243,666 to €577,736
- Short-term financial debts -€125,952
down €125,952 (-67.7%), from €185,952 to €60,000
of which Credit institutions: -€116,000
- Other debts -€48,333
down €48,333 (-45.4%), from €106,449 to €58,116
- Trade debts -€14,592
down €14,592 (-90.3%), from €16,156 to €1,564
- Gross operating margin -€51,652
down €51,652 (-56.8%), from €90,981 to €39,329
- Other operating charges -€9,582
down €9,582 (-76.2%), from €12,576 to €2,994
- Financial charges +€7,219
up €7,219 (+33.6%), from €21,474 to €28,693
- Taxes -€2,790
down €2,790 (-47.3%), from €5,898 to €3,108
- Financial income +€1,938
new in 2024: €1,938
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.
Derived cash bridge
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 | €673,115 | €819,866 | +€146,751 | +21.8% |
| Fixed assets | 21/28 | €101,902 | €101,831 | -€71 | -0.1% |
| Tangible fixed assets | 22/27 | €101,642 | €101,571 | -€71 | -0.1% |
| Land and buildings | 22 | €101,571 | €101,571 | = | 0.0% |
| Furniture and vehicles | 24 | €71 | - | -€71 | |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €571,213 | €718,035 | +€146,822 | +25.7% |
| Stocks and contracts in progress | 3 | €474,476 | €681,516 | +€207,040 | +43.6% |
| Stocks | 30/36 | €474,476 | €681,516 | +€207,040 | +43.6% |
| Amounts receivable within one year | 40/41 | €96,379 | €33,697 | -€62,682 | -65.0% |
| Trade receivables | 40 | - | €32,409 | +€32,409 | |
| Other amounts receivable | 41 | €96,379 | €1,288 | -€95,091 | -98.7% |
| Cash at bank and in hand | 54/58 | - | €2,066 | +€2,066 | |
| Deferred charges and accrued income | 490/1 | €358 | €756 | +€398 | +111% |
| Total equity and liabilities | 10/49 | €673,115 | €819,866 | +€146,751 | +21.8% |
| Equity | 10/15 | €89,960 | €96,361 | +€6,401 | +7.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,460 | €57,861 | +€6,401 | +12.4% |
| Amounts payable | 17/49 | €583,155 | €723,505 | +€140,350 | +24.1% |
| Amounts payable after more than one year | 17 | €243,666 | €577,736 | +€334,070 | +137% |
| Financial debts | 170/4 | €243,666 | €577,736 | +€334,070 | +137% |
| Amounts payable within one year | 42/48 | €339,489 | €145,634 | -€193,855 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €8,420 | €5,929 | -€2,491 | -29.6% |
| Financial debts | 43 | €185,952 | €60,000 | -€125,952 | -67.7% |
| Credit institutions | 430/8 | €176,000 | €60,000 | -€116,000 | -65.9% |
| Other loans | 439 | €9,952 | - | -€9,952 | |
| Trade debts | 44 | €16,156 | €1,564 | -€14,592 | -90.3% |
| Suppliers | 440/4 | €16,156 | €1,564 | -€14,592 | -90.3% |
| Taxes, remuneration and social security | 45 | €22,512 | €20,025 | -€2,487 | -11.0% |
| Taxes | 450/3 | €22,512 | €20,025 | -€2,487 | -11.0% |
| Other amounts payable | 47/48 | €106,449 | €58,116 | -€48,333 | -45.4% |
| Accrued charges and deferred income | 492/3 | - | €135 | +€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €71 | -€1,268 | -94.7% |
| Other operating charges | 640/8 | €12,576 | €2,994 | -€9,582 | -76.2% |
| Gross operating margin | 9900 | €90,981 | €39,329 | -€51,652 | -56.8% |
| Operating profit (loss) | 9901 | €77,066 | €36,264 | -€40,802 | -52.9% |
| Financial income | 75/76B | - | €1,938 | +€1,938 | |
| Recurring financial income | 75 | - | €1,938 | +€1,938 | |
| Financial charges | 65/66B | €21,474 | €28,693 | +€7,219 | +33.6% |
| Recurring financial charges | 65 | €21,474 | €28,693 | +€7,219 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €55,592 | €9,509 | -€46,083 | -82.9% |
| Income taxes | 67/77 | €5,898 | €3,108 | -€2,790 | -47.3% |
| Profit (loss) for the period | 9904 | €49,694 | €6,401 | -€43,293 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,694 | €6,401 | -€43,293 | -87.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.