IMHOUPPE: 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.
IMHOUPPE
Largest movements
- Tangible fixed assets +€32,286
up €32,286 (+4.9%), from €664,064 to €696,350
of which Land and buildings: +€25,180
- Receivables within one year +€9,660
up €9,660 (+107.6%), from €8,981 to €18,640
of which Trade receivables: +€7,918
- Trade debts +€53,574
up €53,574 (+1073.0%), from €4,993 to €58,567
- Profit (loss) carried forward -€8,047
down €8,047 (-25.7%), from -€31,370 to -€39,417
- Gross operating margin -€15,669
down €15,669 (-20.3%), from €77,293 to €61,624
- Other operating charges -€9,785
down €9,785 (-46.3%), from €21,116 to €11,331
- Financial charges -€8,022
down €8,022 (-28.1%), from €28,594 to €20,571
- Depreciation -€4,493
down €4,493 (-10.0%), from €44,756 to €40,263
- Financial income -€1,247
down €1,247 (-33.3%), from €3,741 to €2,494
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 | €688,829 | €726,498 | +€37,669 | +5.5% |
| Fixed assets | 21/28 | €664,064 | €696,350 | +€32,286 | +4.9% |
| Tangible fixed assets | 22/27 | €664,064 | €696,350 | +€32,286 | +4.9% |
| Land and buildings | 22 | €650,120 | €675,300 | +€25,180 | +3.9% |
| Plant, machinery and equipment | 23 | €13,944 | €21,050 | +€7,106 | +51.0% |
| Current assets | 29/58 | €24,765 | €30,148 | +€5,383 | +21.7% |
| Amounts receivable within one year | 40/41 | €8,981 | €18,640 | +€9,660 | +107.6% |
| Trade receivables | 40 | €7,431 | €15,349 | +€7,918 | +106.6% |
| Other amounts receivable | 41 | €1,550 | €3,292 | +€1,742 | +112.4% |
| Cash at bank and in hand | 54/58 | €13,028 | €8,698 | -€4,330 | -33.2% |
| Deferred charges and accrued income | 490/1 | €2,756 | €2,810 | +€53 | +1.9% |
| Total equity and liabilities | 10/49 | €688,829 | €726,498 | +€37,669 | +5.5% |
| Equity | 10/15 | €54,763 | €44,223 | -€10,540 | -19.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,370 | -€39,417 | -€8,047 | -25.7% |
| Investment grants | 15 | €46,134 | €43,640 | -€2,494 | -5.4% |
| Amounts payable | 17/49 | €634,065 | €682,275 | +€48,210 | +7.6% |
| Amounts payable after more than one year | 17 | €588,574 | €583,623 | -€4,951 | -0.8% |
| Financial debts | 170/4 | €588,574 | €583,623 | -€4,951 | -0.8% |
| Amounts payable within one year | 42/48 | €45,491 | €98,652 | +€53,161 | +116.9% |
| Current portion of amounts payable after more than one year | 42 | €39,701 | €40,085 | +€384 | +1.0% |
| Trade debts | 44 | €4,993 | €58,567 | +€53,574 | +1073.0% |
| Suppliers | 440/4 | €4,993 | €58,567 | +€53,574 | +1073.0% |
| Taxes, remuneration and social security | 45 | €798 | €0 | -€798 | -100.0% |
| Taxes | 450/3 | €798 | €0 | -€798 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,756 | €40,263 | -€4,493 | -10.0% |
| Other operating charges | 640/8 | €21,116 | €11,331 | -€9,785 | -46.3% |
| Gross operating margin | 9900 | €77,293 | €61,624 | -€15,669 | -20.3% |
| Operating profit (loss) | 9901 | €11,422 | €10,031 | -€1,391 | -12.2% |
| Financial income | 75/76B | €3,741 | €2,494 | -€1,247 | -33.3% |
| Recurring financial income | 75 | €3,741 | €2,494 | -€1,247 | -33.3% |
| Financial charges | 65/66B | €28,594 | €20,571 | -€8,022 | -28.1% |
| Recurring financial charges | 65 | €28,594 | €20,571 | -€8,022 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,431 | -€8,047 | +€5,384 | +40.1% |
| Profit (loss) for the period | 9904 | -€13,431 | -€8,047 | +€5,384 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,431 | -€8,047 | +€5,384 | +40.1% |
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 12 October 2026 via checked.be.