IMEVO: 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.
IMEVO
Largest movements
- Cash +€15,335
up €15,335 (+22.5%), from €68,013 to €83,348
mainly Net result for the year (+€9,949) and Depreciation (+€2,583)
- Tangible fixed assets -€2,583
down €2,583 (-6.3%), from €41,115 to €38,532
- Reserves +€9,949
up €9,949 (+210.8%), from €4,719 to €14,668
of which Distributable reserves: +€9,451
- Accrued charges and deferred income +€2,025
new in 2025: €2,025
- Taxes +€2,044
up €2,044 (+74.1%), from €2,756 to €4,800
- Depreciation +€1,136
up €1,136 (+78.5%), from €1,447 to €2,583
- Gross operating margin +€298
up €298 (+1.6%), from €19,129 to €19,426
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 | €111,212 | €123,986 | +€12,774 | +11.5% |
| Fixed assets | 21/28 | €41,115 | €38,532 | -€2,583 | -6.3% |
| Tangible fixed assets | 22/27 | €41,115 | €38,532 | -€2,583 | -6.3% |
| Land and buildings | 22 | €41,115 | €38,532 | -€2,583 | -6.3% |
| Current assets | 29/58 | €70,097 | €85,454 | +€15,357 | +21.9% |
| Amounts receivable within one year | 40/41 | €744 | €744 | = | 0.0% |
| Other amounts receivable | 41 | €744 | €744 | = | 0.0% |
| Current investments | 50/53 | €394 | €394 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,013 | €83,348 | +€15,335 | +22.5% |
| Deferred charges and accrued income | 490/1 | €946 | €968 | +€21 | +2.3% |
| Total equity and liabilities | 10/49 | €111,212 | €123,986 | +€12,774 | +11.5% |
| Equity | 10/15 | €111,212 | €121,161 | +€9,949 | +8.9% |
| Contributions | 10/11 | €106,493 | €106,493 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €44,493 | €44,493 | = | 0.0% |
| Share premium | 1100/10 | €44,493 | €44,493 | = | 0.0% |
| Reserves | 13 | €4,719 | €14,668 | +€9,949 | +210.8% |
| Non-distributable reserves | 130/1 | €384 | €882 | +€497 | +129.5% |
| Legal reserve | 130 | €384 | €882 | +€497 | +129.5% |
| Distributable reserves | 133 | €4,335 | €13,786 | +€9,451 | +218.0% |
| Amounts payable | 17/49 | - | €2,825 | +€2,825 | |
| Amounts payable within one year | 42/48 | - | €800 | +€800 | |
| Taxes, remuneration and social security | 45 | - | €800 | +€800 | |
| Taxes | 450/3 | - | €800 | +€800 | |
| Accrued charges and deferred income | 492/3 | - | €2,025 | +€2,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,447 | €2,583 | +€1,136 | +78.5% |
| Other operating charges | 640/8 | €1,789 | €1,845 | +€56 | +3.1% |
| Gross operating margin | 9900 | €19,129 | €19,426 | +€298 | +1.6% |
| Operating profit (loss) | 9901 | €15,893 | €14,998 | -€894 | -5.6% |
| Financial charges | 65/66B | €251 | €250 | -€1 | -0.4% |
| Recurring financial charges | 65 | €251 | €250 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €15,642 | €14,749 | -€893 | -5.7% |
| Income taxes | 67/77 | €2,756 | €4,800 | +€2,044 | +74.1% |
| Profit (loss) for the period | 9904 | €12,886 | €9,949 | -€2,937 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,886 | €9,949 | -€2,937 | -22.8% |
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 4 October 2026 via checked.be.