IMGI: 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.
IMGI
Largest movements
- Receivables within one year +€123,778
up €123,778 (+154%), from €80,156 to €203,934
of which Other amounts receivable: +€123,778
- Tangible fixed assets -€28,337
down €28,337 (-16.6%), from €170,478 to €142,141
- Short-term financial debts +€190,389
up €190,389 (+174%), from €109,611 to €300,000
- Profit (loss) carried forward -€163,091
down €163,091, from €31,665 to -€131,426
- Trade debts +€36,988
up €36,988 (+181%), from €20,419 to €57,407
- Tax, wage and social debts +€26,152
up €26,152 (+156%), from €16,780 to €42,932
- Other debts +€7,010
new in 2022: €7,010
- Taxes +€83,728
up €83,728, from -€409 to €83,319
- Gross operating margin -€21,276
down €21,276, from €7,251 to -€14,025
- Other operating charges +€18,163
up €18,163 (+241%), from €7,529 to €25,692
- Financial charges +€7,682
up €7,682 (+190%), from €4,036 to €11,718
- Depreciation +€4,153
up €4,153 (+17.2%), from €24,185 to €28,337
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,035 | €348,483 | +€97,448 | +38.8% |
| Fixed assets | 21/28 | €170,478 | €142,141 | -€28,337 | -16.6% |
| Tangible fixed assets | 22/27 | €170,478 | €142,141 | -€28,337 | -16.6% |
| Land and buildings | 22 | €170,478 | €142,141 | -€28,337 | -16.6% |
| Current assets | 29/58 | €80,556 | €206,342 | +€125,786 | +156% |
| Amounts receivable within one year | 40/41 | €80,156 | €203,934 | +€123,778 | +154% |
| Trade receivables | 40 | €6,487 | €6,487 | = | 0.0% |
| Other amounts receivable | 41 | €73,669 | €197,446 | +€123,778 | +168% |
| Cash at bank and in hand | 54/58 | €103 | €1,378 | +€1,275 | +1,237% |
| Deferred charges and accrued income | 490/1 | €297 | €1,030 | +€733 | +246% |
| Total equity and liabilities | 10/49 | €251,035 | €348,483 | +€97,448 | +38.8% |
| Equity | 10/15 | €104,225 | -€58,866 | -€163,091 | |
| Contributions | 10/11 | €63,659 | €63,659 | = | 0.0% |
| Capital | 10 | €27,715 | - | -€27,715 | |
| Issued capital | 100 | €27,715 | - | -€27,715 | |
| Contributions outside capital | 11 | €35,945 | - | -€35,945 | |
| Share premium | 1100/10 | €35,945 | - | -€35,945 | |
| Reserves | 13 | €8,901 | €8,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,787 | €8,787 | = | 0.0% |
| Legal reserve | 130 | €8,787 | - | -€8,787 | |
| Reserves not available under the articles | 1311 | - | €8,787 | +€8,787 | |
| Distributable reserves | 133 | €114 | €114 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,665 | -€131,426 | -€163,091 | |
| Amounts payable | 17/49 | €146,810 | €407,349 | +€260,539 | +177% |
| Amounts payable within one year | 42/48 | €146,810 | €407,349 | +€260,539 | +177% |
| Financial debts | 43 | €109,611 | €300,000 | +€190,389 | +174% |
| Credit institutions | 430/8 | €109,611 | €300,000 | +€190,389 | +174% |
| Trade debts | 44 | €20,419 | €57,407 | +€36,988 | +181% |
| Suppliers | 440/4 | €20,419 | €57,407 | +€36,988 | +181% |
| Taxes, remuneration and social security | 45 | €16,780 | €42,932 | +€26,152 | +156% |
| Taxes | 450/3 | €16,780 | €42,932 | +€26,152 | +156% |
| Other amounts payable | 47/48 | - | €7,010 | +€7,010 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,185 | €28,337 | +€4,153 | +17.2% |
| Other operating charges | 640/8 | €7,529 | €25,692 | +€18,163 | +241% |
| Gross operating margin | 9900 | €7,251 | -€14,025 | -€21,276 | |
| Operating profit (loss) | 9901 | -€24,462 | -€68,054 | -€43,591 | -178% |
| Financial charges | 65/66B | €4,036 | €11,718 | +€7,682 | +190% |
| Recurring financial charges | 65 | €4,036 | €11,718 | +€7,682 | +190% |
| Profit (loss) for the period before taxes | 9903 | -€28,498 | -€79,771 | -€51,273 | -180% |
| Income taxes | 67/77 | -€409 | €83,319 | +€83,728 | |
| Profit (loss) for the period | 9904 | -€28,089 | -€163,091 | -€135,002 | -481% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,089 | -€163,091 | -€135,002 | -481% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.