IMJOS: 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.
IMJOS
Largest movements
- Tangible fixed assets -€20,565
down €20,565 (-3.3%), from €621,236 to €600,671
of which Land and buildings: -€18,953
- Debts after one year -€34,503
down €34,503 (-66.5%), from €51,885 to €17,383
- Other debts +€18,776
up €18,776 (+4.4%), from €426,187 to €444,962
- Reserves -€6,442
down €6,442 (-4.8%), from €134,798 to €128,356
of which Tax-exempt reserves: -€6,442
- Financial charges -€3,035
down €3,035 (-13.8%), from €22,000 to €18,965
- Depreciation -€2,114
down €2,114 (-9.3%), from €22,678 to €20,565
- Gross operating margin +€1,710
up €1,710 (+4.4%), from €38,549 to €40,259
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 | €628,521 | €608,273 | -€20,248 | -3.2% |
| Fixed assets | 21/28 | €621,236 | €600,671 | -€20,565 | -3.3% |
| Tangible fixed assets | 22/27 | €621,236 | €600,671 | -€20,565 | -3.3% |
| Land and buildings | 22 | €608,543 | €589,590 | -€18,953 | -3.1% |
| Plant, machinery and equipment | 23 | €12,694 | €11,082 | -€1,612 | -12.7% |
| Current assets | 29/58 | €7,284 | €7,601 | +€317 | +4.4% |
| Amounts receivable within one year | 40/41 | €930 | €1,469 | +€539 | +58.0% |
| Trade receivables | 40 | €930 | €1,469 | +€539 | +58.0% |
| Cash at bank and in hand | 54/58 | €5,873 | €5,651 | -€223 | -3.8% |
| Deferred charges and accrued income | 490/1 | €481 | €481 | = | 0.0% |
| Total equity and liabilities | 10/49 | €628,521 | €608,273 | -€20,248 | -3.2% |
| Equity | 10/15 | €66,061 | €64,300 | -€1,761 | -2.7% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €134,798 | €128,356 | -€6,442 | -4.8% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €128,298 | €121,856 | -€6,442 | -5.0% |
| Profit (loss) carried forward | 14 | -€133,737 | -€129,056 | +€4,682 | +3.5% |
| Provisions and deferred taxes | 16 | €43,797 | €41,649 | -€2,147 | -4.9% |
| Deferred taxes | 168 | €43,797 | €41,649 | -€2,147 | -4.9% |
| Amounts payable | 17/49 | €518,662 | €502,323 | -€16,340 | -3.2% |
| Amounts payable after more than one year | 17 | €51,885 | €17,383 | -€34,503 | -66.5% |
| Financial debts | 170/4 | €51,885 | €17,383 | -€34,503 | -66.5% |
| Amounts payable within one year | 42/48 | €466,777 | €484,940 | +€18,163 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €34,155 | €34,503 | +€348 | +1.0% |
| Trade debts | 44 | €153 | - | -€153 | |
| Suppliers | 440/4 | €153 | - | -€153 | |
| Taxes, remuneration and social security | 45 | €6,283 | €5,475 | -€807 | -12.9% |
| Taxes | 450/3 | €6,283 | €5,475 | -€807 | -12.9% |
| Other amounts payable | 47/48 | €426,187 | €444,962 | +€18,776 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,678 | €20,565 | -€2,114 | -9.3% |
| Other operating charges | 640/8 | €4,505 | €4,647 | +€142 | +3.1% |
| Gross operating margin | 9900 | €38,549 | €40,259 | +€1,710 | +4.4% |
| Operating profit (loss) | 9901 | €11,365 | €15,048 | +€3,682 | +32.4% |
| Financial income | 75/76B | €5 | €12 | +€8 | +174% |
| Recurring financial income | 75 | €5 | €12 | +€8 | +174% |
| Financial charges | 65/66B | €22,000 | €18,965 | -€3,035 | -13.8% |
| Recurring financial charges | 65 | €22,000 | €18,965 | -€3,035 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,630 | -€3,905 | +€6,726 | +63.3% |
| Transfer from deferred taxes | 780 | €2,147 | €2,147 | = | 0.0% |
| Income taxes | 67/77 | €1 | €4 | +€2 | +173% |
| Profit (loss) for the period | 9904 | -€8,484 | -€1,761 | +€6,723 | +79.2% |
| Transfer from tax-exempt reserves | 789 | €6,442 | €6,442 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,042 | €4,682 | +€6,723 |
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 16 October 2026 via checked.be.