IMFT-Education: 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.
IMFT-Education
Largest movements
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Cash +€109,120
up €109,120 (+1,434%), from €7,611 to €116,731
mainly Current investments (+€150,000) and Net result for the year (+€112,296)
- Receivables within one year -€3,899
down €3,899 (-24.7%), from €15,806 to €11,907
of which Other amounts receivable: -€5,424
- Other debts -€30,678
down €30,678 (-17.0%), from €179,969 to €149,291
- Reserves -€22,331
down €22,331 (-100%), from €22,331 to €0
- Tax, wage and social debts +€4,657
up €4,657 (+202%), from €2,308 to €6,965
of which Remuneration and social security: +€2,844
- Gross operating margin -€56,333
down €56,333 (-26.6%), from €212,170 to €155,837
- Taxes -€14,594
down €14,594 (-31.1%), from €46,923 to €32,330
- Financial income -€3,766
down €3,766 (-71.0%), from €5,307 to €1,541
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 | €213,403 | €165,662 | -€47,740 | -22.4% |
| Formation expenses | 20 | €176 | €0 | -€176 | -100% |
| Fixed assets | 21/28 | €37,010 | €35,528 | -€1,482 | -4.0% |
| Tangible fixed assets | 22/27 | €37,010 | €35,528 | -€1,482 | -4.0% |
| Plant, machinery and equipment | 23 | - | €1,618 | +€1,618 | |
| Furniture and vehicles | 24 | €37,010 | €33,910 | -€3,100 | -8.4% |
| Current assets | 29/58 | €176,216 | €130,134 | -€46,082 | -26.2% |
| Amounts receivable within one year | 40/41 | €15,806 | €11,907 | -€3,899 | -24.7% |
| Trade receivables | 40 | €0 | €1,525 | +€1,525 | |
| Other amounts receivable | 41 | €15,806 | €10,382 | -€5,424 | -34.3% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €7,611 | €116,731 | +€109,120 | +1,434% |
| Deferred charges and accrued income | 490/1 | €2,800 | €1,497 | -€1,303 | -46.5% |
| Total equity and liabilities | 10/49 | €213,403 | €165,662 | -€47,740 | -22.4% |
| Equity | 10/15 | €27,331 | €5,000 | -€22,331 | -81.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,331 | €0 | -€22,331 | -100% |
| Distributable reserves | 133 | €22,331 | €0 | -€22,331 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €186,072 | €160,662 | -€25,410 | -13.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €185,773 | €160,662 | -€25,111 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,497 | €4,407 | +€910 | +26.0% |
| Suppliers | 440/4 | €3,497 | €4,407 | +€910 | +26.0% |
| Taxes, remuneration and social security | 45 | €2,308 | €6,965 | +€4,657 | +202% |
| Taxes | 450/3 | €2,308 | €4,121 | +€1,814 | +78.6% |
| Remuneration and social security | 454/9 | - | €2,844 | +€2,844 | |
| Other amounts payable | 47/48 | €179,969 | €149,291 | -€30,678 | -17.0% |
| Accrued charges and deferred income | 492/3 | €299 | €0 | -€299 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,995 | €11,963 | +€968 | +8.8% |
| Other operating charges | 640/8 | €617 | €660 | +€43 | +6.9% |
| Gross operating margin | 9900 | €212,170 | €155,837 | -€56,333 | -26.6% |
| Operating profit (loss) | 9901 | €200,557 | €143,214 | -€57,343 | -28.6% |
| Financial income | 75/76B | €5,307 | €1,541 | -€3,766 | -71.0% |
| Recurring financial income | 75 | €5,307 | €1,541 | -€3,766 | -71.0% |
| Financial charges | 65/66B | €568 | €129 | -€439 | -77.3% |
| Recurring financial charges | 65 | €568 | €129 | -€439 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €205,296 | €144,626 | -€60,670 | -29.6% |
| Income taxes | 67/77 | €46,923 | €32,330 | -€14,594 | -31.1% |
| Profit (loss) for the period | 9904 | €158,373 | €112,296 | -€46,077 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €158,373 | €112,296 | -€46,077 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.