IMFIKRI: 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.
IMFIKRI
Largest movements
- Cash -€2,538
down €2,538 (-97.3%), from €2,610 to €71
mainly Investment in fixed assets (net) (-€10,245) and Other debts (-€5,155)
- Other debts -€5,155
down €5,155 (-11.7%), from €44,219 to €39,064
- Gross operating margin -€2,886
down €2,886 (-15.3%), from €18,862 to €15,976
- Depreciation +€1,082
up €1,082 (+10.9%), from €9,898 to €10,980
- Taxes -€380
down €380 (-76.1%), from €499 to €119
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 | €177,528 | €174,506 | -€3,021 | -1.7% |
| Fixed assets | 21/28 | €174,287 | €173,552 | -€735 | -0.4% |
| Tangible fixed assets | 22/27 | €174,287 | €173,552 | -€735 | -0.4% |
| Land and buildings | 22 | €158,846 | €159,177 | +€331 | +0.2% |
| Plant, machinery and equipment | 23 | €13,731 | €13,731 | = | 0.0% |
| Furniture and vehicles | 24 | €1,710 | €644 | -€1,066 | -62.3% |
| Current assets | 29/58 | €3,240 | €954 | -€2,286 | -70.6% |
| Amounts receivable within one year | 40/41 | €64 | €293 | +€229 | +359.2% |
| Trade receivables | 40 | €64 | €293 | +€229 | +359.2% |
| Cash at bank and in hand | 54/58 | €2,610 | €71 | -€2,538 | -97.3% |
| Deferred charges and accrued income | 490/1 | €567 | €590 | +€23 | +4.1% |
| Total equity and liabilities | 10/49 | €177,528 | €174,506 | -€3,021 | -1.7% |
| Equity | 10/15 | €132,308 | €133,499 | +€1,192 | +0.9% |
| Contributions | 10/11 | €53,297 | €53,297 | = | 0.0% |
| Reserves | 13 | €79,010 | €80,202 | +€1,192 | +1.5% |
| Tax-exempt reserves | 132 | €4,356 | €4,356 | = | 0.0% |
| Distributable reserves | 133 | €74,654 | €75,846 | +€1,192 | +1.6% |
| Amounts payable | 17/49 | €45,220 | €41,007 | -€4,213 | -9.3% |
| Amounts payable within one year | 42/48 | €45,220 | €41,007 | -€4,213 | -9.3% |
| Trade debts | 44 | €501 | €1,824 | +€1,322 | +263.8% |
| Suppliers | 440/4 | €501 | €1,824 | +€1,322 | +263.8% |
| Taxes, remuneration and social security | 45 | €499 | €119 | -€380 | -76.1% |
| Taxes | 450/3 | €499 | €119 | -€380 | -76.1% |
| Other amounts payable | 47/48 | €44,219 | €39,064 | -€5,155 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,898 | €10,980 | +€1,082 | +10.9% |
| Other operating charges | 640/8 | €3,131 | €3,215 | +€84 | +2.7% |
| Non-recurring operating charges | 66A | - | €425 | +€425 | |
| Gross operating margin | 9900 | €18,862 | €15,976 | -€2,886 | -15.3% |
| Operating profit (loss) | 9901 | €5,833 | €1,356 | -€4,477 | -76.8% |
| Financial charges | 65/66B | €45 | €45 | +€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,788 | €1,311 | -€4,477 | -77.4% |
| Income taxes | 67/77 | €499 | €119 | -€380 | -76.1% |
| Profit (loss) for the period | 9904 | €5,289 | €1,192 | -€4,097 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,289 | €1,192 | -€4,097 | -77.5% |
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.