IMET: 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.
IMET
Largest movements
- Receivables within one year -€10,890
no longer reported in 2025 (was €10,890)
- Tangible fixed assets -€7,112
down €7,112 (-18.0%), from €39,409 to €32,297
of which Land and buildings: -€5,452
- Cash -€918
down €918 (-41.9%), from €2,194 to €1,276
mainly Other debts (-€24,399)
- Other debts -€24,399
no longer reported in 2025 (was €24,399)
- Profit (loss) carried forward +€3,685
up €3,685 (+2.9%), from -€126,960 to -€123,275
- Trade debts +€762
up €762 (+37.0%), from €2,059 to €2,821
- Tax, wage and social debts +€748
up €748 (+36.2%), from €2,068 to €2,816
- Gross operating margin -€3,195
down €3,195 (-19.0%), from €16,844 to €13,649
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 | €52,493 | €33,573 | -€18,921 | -36.0% |
| Fixed assets | 21/28 | €39,409 | €32,297 | -€7,112 | -18.0% |
| Tangible fixed assets | 22/27 | €39,409 | €32,297 | -€7,112 | -18.0% |
| Land and buildings | 22 | €35,492 | €30,040 | -€5,452 | -15.4% |
| Plant, machinery and equipment | 23 | €1,467 | €788 | -€679 | -46.3% |
| Furniture and vehicles | 24 | €2,451 | €1,469 | -€982 | -40.1% |
| Current assets | 29/58 | €13,084 | €1,276 | -€11,808 | -90.3% |
| Amounts receivable within one year | 40/41 | €10,890 | - | -€10,890 | |
| Trade receivables | 40 | €10,890 | - | -€10,890 | |
| Cash at bank and in hand | 54/58 | €2,194 | €1,276 | -€918 | -41.9% |
| Total equity and liabilities | 10/49 | €52,493 | €33,573 | -€18,921 | -36.0% |
| Equity | 10/15 | -€112,700 | -€109,015 | +€3,685 | +3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,960 | -€123,275 | +€3,685 | +2.9% |
| Amounts payable | 17/49 | €165,193 | €142,588 | -€22,605 | -13.7% |
| Amounts payable within one year | 42/48 | €165,193 | €142,588 | -€22,605 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €136,667 | €136,951 | +€284 | +0.2% |
| Trade debts | 44 | €2,059 | €2,821 | +€762 | +37.0% |
| Suppliers | 440/4 | €2,059 | €2,821 | +€762 | +37.0% |
| Taxes, remuneration and social security | 45 | €2,068 | €2,816 | +€748 | +36.2% |
| Taxes | 450/3 | €2,068 | €2,816 | +€748 | +36.2% |
| Other amounts payable | 47/48 | €24,399 | - | -€24,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,112 | €7,112 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,679 | €2,763 | +€84 | +3.1% |
| Gross operating margin | 9900 | €16,844 | €13,649 | -€3,195 | -19.0% |
| Operating profit (loss) | 9901 | €7,052 | €3,773 | -€3,279 | -46.5% |
| Financial charges | 65/66B | €95 | €89 | -€7 | -7.1% |
| Recurring financial charges | 65 | €95 | €89 | -€7 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €6,957 | €3,685 | -€3,272 | -47.0% |
| Profit (loss) for the period | 9904 | €6,957 | €3,685 | -€3,272 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,957 | €3,685 | -€3,272 | -47.0% |
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 29 September 2026 via checked.be.