IMETRA CONSULT: 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.
IMETRA CONSULT
Largest movements
- Cash +€353,410
up €353,410 (+107%), from €330,552 to €683,961
mainly Receivables after one year (+€317,324) and Investment in fixed assets (net) (+€125,000)
- Receivables after one year -€317,324
no longer reported in 2025 (was €317,324)
- Financial fixed assets -€125,000
down €125,000 (-98.8%), from €126,558 to €1,558
- Current investments -€94,941
down €94,941 (-38.0%), from €250,000 to €155,059
- Tangible fixed assets -€26,059
down €26,059 (-23.7%), from €109,960 to €83,902
- Other debts -€176,271
down €176,271 (-65.2%), from €270,227 to €93,956
- Tax, wage and social debts -€33,514
down €33,514 (-19.4%), from €173,094 to €139,580
of which Taxes: -€18,781
- Gross operating margin -€86,735
down €86,735 (-10.4%), from €832,163 to €745,428
- Staff costs -€31,305
down €31,305 (-5.0%), from €626,890 to €595,585
- Financial income -€9,711
down €9,711 (-64.7%), from €15,003 to €5,292
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 | €1,771,537 | €1,556,499 | -€215,037 | -12.1% |
| Fixed assets | 21/28 | €236,519 | €85,460 | -€151,059 | -63.9% |
| Tangible fixed assets | 22/27 | €109,960 | €83,902 | -€26,059 | -23.7% |
| Land and buildings | 22 | €62,720 | €58,310 | -€4,410 | -7.0% |
| Furniture and vehicles | 24 | €27,947 | €15,298 | -€12,649 | -45.3% |
| Other tangible fixed assets | 26 | €19,293 | €10,293 | -€9,000 | -46.6% |
| Financial fixed assets | 28 | €126,558 | €1,558 | -€125,000 | -98.8% |
| Current assets | 29/58 | €1,535,018 | €1,471,040 | -€63,979 | -4.2% |
| Amounts receivable after more than one year | 29 | €317,324 | - | -€317,324 | |
| Other amounts receivable | 291 | €317,324 | - | -€317,324 | |
| Stocks and contracts in progress | 3 | €620,325 | €617,867 | -€2,459 | -0.4% |
| Stocks | 30/36 | €620,325 | €617,867 | -€2,459 | -0.4% |
| Amounts receivable within one year | 40/41 | €8,335 | €7,947 | -€387 | -4.6% |
| Trade receivables | 40 | €8,335 | €7,947 | -€387 | -4.6% |
| Current investments | 50/53 | €250,000 | €155,059 | -€94,941 | -38.0% |
| Cash at bank and in hand | 54/58 | €330,552 | €683,961 | +€353,410 | +107% |
| Deferred charges and accrued income | 490/1 | €8,482 | €6,206 | -€2,277 | -26.8% |
| Total equity and liabilities | 10/49 | €1,771,537 | €1,556,499 | -€215,037 | -12.1% |
| Equity | 10/15 | €1,078,972 | €1,081,140 | +€2,168 | +0.2% |
| Contributions | 10/11 | €139,787 | €139,787 | = | 0.0% |
| Reserves | 13 | €788,979 | €788,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,979 | €13,979 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,979 | €13,979 | = | 0.0% |
| Distributable reserves | 133 | €775,000 | €775,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,206 | €152,374 | +€2,168 | +1.4% |
| Amounts payable | 17/49 | €692,565 | €475,359 | -€217,206 | -31.4% |
| Amounts payable within one year | 42/48 | €692,565 | €465,359 | -€227,206 | -32.8% |
| Trade debts | 44 | €249,245 | €231,824 | -€17,421 | -7.0% |
| Suppliers | 440/4 | €249,245 | €231,824 | -€17,421 | -7.0% |
| Taxes, remuneration and social security | 45 | €173,094 | €139,580 | -€33,514 | -19.4% |
| Taxes | 450/3 | €101,800 | €83,019 | -€18,781 | -18.4% |
| Remuneration and social security | 454/9 | €71,293 | €56,560 | -€14,733 | -20.7% |
| Other amounts payable | 47/48 | €270,227 | €93,956 | -€176,271 | -65.2% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €626,890 | €595,585 | -€31,305 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,413 | €26,059 | +€2,646 | +11.3% |
| Other operating charges | 640/8 | €10,070 | €5,464 | -€4,605 | -45.7% |
| Non-recurring operating charges | 66A | €338 | €320 | -€17 | -5.2% |
| Gross operating margin | 9900 | €832,163 | €745,428 | -€86,735 | -10.4% |
| Operating profit (loss) | 9901 | €171,453 | €118,000 | -€53,453 | -31.2% |
| Financial income | 75/76B | €15,003 | €5,292 | -€9,711 | -64.7% |
| Recurring financial income | 75 | €15,003 | €5,292 | -€9,711 | -64.7% |
| Financial charges | 65/66B | €23,366 | €25,709 | +€2,342 | +10.0% |
| Recurring financial charges | 65 | €23,366 | €24,171 | +€805 | +3.4% |
| Non-recurring financial charges | 66B | - | €1,537 | +€1,537 | |
| Profit (loss) for the period before taxes | 9903 | €163,090 | €97,583 | -€65,506 | -40.2% |
| Income taxes | 67/77 | €6,282 | €5,415 | -€868 | -13.8% |
| Profit (loss) for the period | 9904 | €156,807 | €92,168 | -€64,639 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,807 | €92,168 | -€64,639 | -41.2% |
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 25 October 2026 via checked.be.