IMICHA: what changed
Two fiscal 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.
IMICHA
Largest movements
- Cash +€134,681
up €134,681 (+2247.0%), from €5,994 to €140,674
mainly Current investments (+€130,000) and Depreciation (+€23,417)
- Current investments -€130,000
down €130,000 (-100.0%), from €130,000 to €0
- Tangible fixed assets -€23,417
down €23,417 (-4.8%), from €485,724 to €462,307
- Profit (loss) carried forward -€16,814
down €16,814 (-13.9%), from €121,148 to €104,334
- Accrued charges and deferred income +€8,917
up €8,917 (+131.5%), from €6,780 to €15,697
- Debts after one year -€8,000
down €8,000 (-3.6%), from €223,591 to €215,591
- Financial charges +€386
up €386 (+3.7%), from €10,366 to €10,752
- Other operating charges -€354
down €354 (-5.6%), from €6,321 to €5,967
- Gross operating margin +€266
up €266 (+1.6%), from €16,146 to €16,412
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 | €625,285 | €606,769 | -€18,516 | -3.0% |
| Fixed assets | 21/28 | €485,724 | €462,307 | -€23,417 | -4.8% |
| Tangible fixed assets | 22/27 | €485,724 | €462,307 | -€23,417 | -4.8% |
| Land and buildings | 22 | €485,724 | €462,307 | -€23,417 | -4.8% |
| Current assets | 29/58 | €139,561 | €144,462 | +€4,901 | +3.5% |
| Amounts receivable within one year | 40/41 | €1,800 | €3,286 | +€1,486 | +82.6% |
| Other amounts receivable | 41 | €1,800 | €3,286 | +€1,486 | +82.6% |
| Current investments | 50/53 | €130,000 | €0 | -€130,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,994 | €140,674 | +€134,681 | +2247.0% |
| Deferred charges and accrued income | 490/1 | €1,768 | €502 | -€1,266 | -71.6% |
| Total equity and liabilities | 10/49 | €625,285 | €606,769 | -€18,516 | -3.0% |
| Equity | 10/15 | €365,043 | €345,974 | -€19,069 | -5.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €93,895 | €91,640 | -€2,255 | -2.4% |
| Tax-exempt reserves | 132 | €63,895 | €61,640 | -€2,255 | -3.5% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,148 | €104,334 | -€16,814 | -13.9% |
| Provisions and deferred taxes | 16 | €21,298 | €20,547 | -€752 | -3.5% |
| Deferred taxes | 168 | €21,298 | €20,547 | -€752 | -3.5% |
| Amounts payable | 17/49 | €238,944 | €240,248 | +€1,305 | +0.5% |
| Amounts payable after more than one year | 17 | €223,591 | €215,591 | -€8,000 | -3.6% |
| Financial debts | 170/4 | €223,591 | €215,591 | -€8,000 | -3.6% |
| Amounts payable within one year | 42/48 | €8,573 | €8,961 | +€387 | +4.5% |
| Trade debts | 44 | €847 | €378 | -€469 | -55.4% |
| Suppliers | 440/4 | €847 | €378 | -€469 | -55.4% |
| Other amounts payable | 47/48 | €7,726 | €8,582 | +€856 | +11.1% |
| Accrued charges and deferred income | 492/3 | €6,780 | €15,697 | +€8,917 | +131.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,417 | €23,417 | = | 0.0% |
| Other operating charges | 640/8 | €6,321 | €5,967 | -€354 | -5.6% |
| Gross operating margin | 9900 | €16,146 | €16,412 | +€266 | +1.6% |
| Operating profit (loss) | 9901 | -€13,592 | -€12,973 | +€619 | +4.6% |
| Financial income | 75/76B | €4,030 | €3,904 | -€127 | -3.1% |
| Recurring financial income | 75 | €4,030 | €3,904 | -€127 | -3.1% |
| Financial charges | 65/66B | €10,366 | €10,752 | +€386 | +3.7% |
| Recurring financial charges | 65 | €10,366 | €10,752 | +€386 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,928 | -€19,821 | +€107 | +0.5% |
| Transfer from deferred taxes | 780 | €752 | €752 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€19,176 | -€19,069 | +€107 | +0.6% |
| Transfer from tax-exempt reserves | 789 | €2,255 | €2,255 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,921 | -€16,814 | +€107 | +0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.