IMG CONSULTING: what changed
IMG CONSULTING
Largest movements
- Receivables within one year +€15,260
up €15,260 (+1,394%), from €1,095 to €16,355
of which Trade receivables: +€16,355
- Tangible fixed assets -€3,324
down €3,324 (-53.9%), from €6,169 to €2,844
of which Furniture and vehicles: -€2,700
- Cash -€652
down €652 (-79.5%), from €820 to €168
mainly Receivables within one year (-€15,260) and Net result for the year (-€6,850)
- Tax, wage and social debts +€9,671
up €9,671 (+103%), from €9,378 to €19,049
of which Remuneration and social security: +€8,001
- Profit (loss) carried forward -€6,850
down €6,850 (-58.9%), from -€11,639 to -€18,489
- Other debts +€6,063
up €6,063 (+154%), from €3,937 to €10,000
- Trade debts +€2,400
up €2,400 (+61.4%), from €3,908 to €6,308
- Gross operating margin +€28,932
up €28,932 (+99.9%), from -€28,974 to -€41
- Other operating charges +€2,857
new in 2025: €2,857
- Depreciation -€1,602
down €1,602 (-42.2%), from €3,797 to €2,195
- Financial charges +€358
up €358 (+119%), from €302 to €661
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,084 | €19,368 | +€11,284 | +140% |
| Fixed assets | 21/28 | €6,169 | €2,844 | -€3,324 | -53.9% |
| Tangible fixed assets | 22/27 | €6,169 | €2,844 | -€3,324 | -53.9% |
| Plant, machinery and equipment | 23 | €3,468 | €2,844 | -€624 | -18.0% |
| Furniture and vehicles | 24 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €1,915 | €16,524 | +€14,608 | +763% |
| Amounts receivable within one year | 40/41 | €1,095 | €16,355 | +€15,260 | +1,394% |
| Trade receivables | 40 | - | €16,355 | +€16,355 | |
| Other amounts receivable | 41 | €1,095 | - | -€1,095 | |
| Cash at bank and in hand | 54/58 | €820 | €168 | -€652 | -79.5% |
| Total equity and liabilities | 10/49 | €8,084 | €19,368 | +€11,284 | +140% |
| Equity | 10/15 | -€9,139 | -€15,989 | -€6,850 | -75.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,639 | -€18,489 | -€6,850 | -58.9% |
| Amounts payable | 17/49 | €17,223 | €35,357 | +€18,134 | +105% |
| Amounts payable within one year | 42/48 | €17,223 | €35,357 | +€18,134 | +105% |
| Trade debts | 44 | €3,908 | €6,308 | +€2,400 | +61.4% |
| Suppliers | 440/4 | €3,908 | €6,308 | +€2,400 | +61.4% |
| Taxes, remuneration and social security | 45 | €9,378 | €19,049 | +€9,671 | +103% |
| Taxes | 450/3 | €9,378 | €11,048 | +€1,671 | +17.8% |
| Remuneration and social security | 454/9 | - | €8,001 | +€8,001 | |
| Other amounts payable | 47/48 | €3,937 | €10,000 | +€6,063 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,797 | €2,195 | -€1,602 | -42.2% |
| Other operating charges | 640/8 | - | €2,857 | +€2,857 | |
| Non-recurring operating charges | 66A | - | €1,058 | +€1,058 | |
| Gross operating margin | 9900 | -€28,974 | -€41 | +€28,932 | +99.9% |
| Operating profit (loss) | 9901 | -€32,771 | -€6,151 | +€26,619 | +81.2% |
| Financial income | 75/76B | €1 | €3 | +€2 | +214% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +214% |
| Financial charges | 65/66B | €302 | €661 | +€358 | +119% |
| Recurring financial charges | 65 | €302 | €661 | +€358 | +119% |
| Profit (loss) for the period before taxes | 9903 | -€33,072 | -€6,810 | +€26,263 | +79.4% |
| Income taxes | 67/77 | €151 | €40 | -€111 | -73.3% |
| Profit (loss) for the period | 9904 | -€33,223 | -€6,850 | +€26,373 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,223 | -€6,850 | +€26,373 | +79.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.