IMJG: 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.
IMJG
Largest movements
- Tangible fixed assets -€10,120
down €10,120 (-4.3%), from €236,059 to €225,939
of which Land and buildings: -€9,934
- Cash -€7,528
down €7,528 (-7.2%), from €104,919 to €97,391
mainly Other debts (-€8,082) and Net result for the year (-€5,399)
- Other debts -€8,082
down €8,082 (-9.5%), from €85,315 to €77,233
- Profit (loss) carried forward -€5,399
down €5,399 (-2.2%), from €243,436 to €238,037
- Current portion of long-term debt -€4,167
no longer reported in 2025 (was €4,167)
- Financial charges -€444
down €444 (-89.4%), from €497 to €53
- Gross operating margin +€437
up €437 (+7.1%), from €6,192 to €6,629
- Financial income +€191
up €191 (+44.6%), from €428 to €618
- Depreciation +€119
up €119 (+1.2%), from €10,001 to €10,120
- Other operating charges +€77
up €77 (+3.5%), from €2,212 to €2,289
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 | €340,978 | €323,330 | -€17,649 | -5.2% |
| Fixed assets | 21/28 | €236,059 | €225,939 | -€10,120 | -4.3% |
| Tangible fixed assets | 22/27 | €236,059 | €225,939 | -€10,120 | -4.3% |
| Land and buildings | 22 | €235,245 | €225,310 | -€9,934 | -4.2% |
| Furniture and vehicles | 24 | €814 | €629 | -€186 | -22.8% |
| Current assets | 29/58 | €104,919 | €97,391 | -€7,528 | -7.2% |
| Cash at bank and in hand | 54/58 | €104,919 | €97,391 | -€7,528 | -7.2% |
| Total equity and liabilities | 10/49 | €340,978 | €323,330 | -€17,649 | -5.2% |
| Equity | 10/15 | €251,496 | €246,097 | -€5,399 | -2.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,436 | €238,037 | -€5,399 | -2.2% |
| Amounts payable | 17/49 | €89,482 | €77,233 | -€12,250 | -13.7% |
| Amounts payable within one year | 42/48 | €89,482 | €77,233 | -€12,250 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €4,167 | - | -€4,167 | |
| Other amounts payable | 47/48 | €85,315 | €77,233 | -€8,082 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,001 | €10,120 | +€119 | +1.2% |
| Other operating charges | 640/8 | €2,212 | €2,289 | +€77 | +3.5% |
| Gross operating margin | 9900 | €6,192 | €6,629 | +€437 | +7.1% |
| Operating profit (loss) | 9901 | -€6,020 | -€5,779 | +€241 | +4.0% |
| Financial income | 75/76B | €428 | €618 | +€191 | +44.6% |
| Recurring financial income | 75 | €428 | €618 | +€191 | +44.6% |
| Financial charges | 65/66B | €497 | €53 | -€444 | -89.4% |
| Recurring financial charges | 65 | €497 | €53 | -€444 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,090 | -€5,214 | +€876 | +14.4% |
| Income taxes | 67/77 | €128 | €186 | +€57 | +44.6% |
| Profit (loss) for the period | 9904 | -€6,218 | -€5,399 | +€819 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,218 | -€5,399 | +€819 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.