IMHOTEP ITTRE: 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.
IMHOTEP ITTRE
Largest movements
- Tangible fixed assets -€17,591
down €17,591 (-6.5%), from €272,568 to €254,977
- Receivables within one year -€4,200
down €4,200 (-50.0%), from €8,400 to €4,200
- Cash +€3,313
up €3,313 (+493%), from €673 to €3,986
mainly Depreciation (+€17,591) and Receivables within one year (+€4,200)
- Reserves -€15,254
down €15,254 (-53.0%), from €28,797 to €13,543
of which Distributable reserves: -€15,254
- Debts after one year -€5,105
down €5,105 (-2.3%), from €219,182 to €214,077
of which Financial debts: -€6,913
- Gross operating margin -€4,277
down €4,277 (-26.7%), from €16,000 to €11,723
- Financial charges -€467
down €467 (-6.5%), from €7,184 to €6,717
- Other operating charges +€174
up €174 (+6.9%), from €2,510 to €2,684
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 | €282,662 | €264,232 | -€18,430 | -6.5% |
| Fixed assets | 21/28 | €272,568 | €254,977 | -€17,591 | -6.5% |
| Tangible fixed assets | 22/27 | €272,568 | €254,977 | -€17,591 | -6.5% |
| Land and buildings | 22 | €272,568 | €254,977 | -€17,591 | -6.5% |
| Current assets | 29/58 | €10,094 | €9,255 | -€839 | -8.3% |
| Amounts receivable within one year | 40/41 | €8,400 | €4,200 | -€4,200 | -50.0% |
| Other amounts receivable | 41 | €8,400 | €4,200 | -€4,200 | -50.0% |
| Cash at bank and in hand | 54/58 | €673 | €3,986 | +€3,313 | +493% |
| Deferred charges and accrued income | 490/1 | €1,021 | €1,069 | +€48 | +4.7% |
| Total equity and liabilities | 10/49 | €282,662 | €264,232 | -€18,430 | -6.5% |
| Equity | 10/15 | €47,397 | €32,143 | -€15,254 | -32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,797 | €13,543 | -€15,254 | -53.0% |
| Non-distributable reserves | 130/1 | €675 | €675 | = | 0.0% |
| Reserves not available under the articles | 1311 | €675 | €675 | = | 0.0% |
| Distributable reserves | 133 | €28,122 | €12,868 | -€15,254 | -54.2% |
| Amounts payable | 17/49 | €235,265 | €232,089 | -€3,176 | -1.3% |
| Amounts payable after more than one year | 17 | €219,182 | €214,077 | -€5,105 | -2.3% |
| Financial debts | 170/4 | €25,184 | €18,271 | -€6,913 | -27.4% |
| Other amounts payable | 178/9 | €193,998 | €195,806 | +€1,808 | +0.9% |
| Amounts payable within one year | 42/48 | €8,799 | €9,463 | +€664 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €6,562 | €6,913 | +€351 | +5.3% |
| Financial debts | 43 | €2,100 | €1,996 | -€104 | -5.0% |
| Credit institutions | 430/8 | €2,100 | €1,996 | -€104 | -5.0% |
| Trade debts | 44 | €137 | €554 | +€417 | +305% |
| Suppliers | 440/4 | €137 | €554 | +€417 | +305% |
| Accrued charges and deferred income | 492/3 | €7,284 | €8,550 | +€1,266 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,591 | €17,591 | = | 0.0% |
| Other operating charges | 640/8 | €2,510 | €2,684 | +€174 | +6.9% |
| Gross operating margin | 9900 | €16,000 | €11,723 | -€4,277 | -26.7% |
| Operating profit (loss) | 9901 | -€4,101 | -€8,553 | -€4,452 | -109% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €7,184 | €6,717 | -€467 | -6.5% |
| Recurring financial charges | 65 | €7,184 | €6,717 | -€467 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,285 | -€15,254 | -€3,969 | -35.2% |
| Profit (loss) for the period | 9904 | -€11,285 | -€15,254 | -€3,969 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,285 | -€15,254 | -€3,969 | -35.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.