IMKA: 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.
IMKA
Largest movements
- Tangible fixed assets -€25,435
down €25,435 (-7.5%), from €338,532 to €313,097
of which Land and buildings: -€25,102
- Cash -€10,553
down €10,553 (-11.7%), from €90,006 to €79,452
mainly Debts after one year (-€50,834) and Investment in fixed assets (net) (-€17,685)
- Debts after one year -€50,834
down €50,834 (-65.8%), from €77,300 to €26,466
- Profit (loss) carried forward +€18,468
up €18,468 (+14.3%), from -€129,131 to -€110,663
- Trade debts -€5,549
down €5,549 (-44.9%), from €12,349 to €6,799
- Financial charges -€2,621
down €2,621 (-31.4%), from €8,354 to €5,733
- Gross operating margin -€2,403
down €2,403 (-3.2%), from €75,832 to €73,428
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 | €434,432 | €399,570 | -€34,862 | -8.0% |
| Fixed assets | 21/28 | €338,532 | €313,097 | -€25,435 | -7.5% |
| Tangible fixed assets | 22/27 | €338,532 | €313,097 | -€25,435 | -7.5% |
| Land and buildings | 22 | €336,809 | €311,707 | -€25,102 | -7.5% |
| Plant, machinery and equipment | 23 | €1,723 | €1,390 | -€333 | -19.3% |
| Current assets | 29/58 | €95,900 | €86,473 | -€9,427 | -9.8% |
| Amounts receivable within one year | 40/41 | €3,738 | €6,008 | +€2,269 | +60.7% |
| Other amounts receivable | 41 | €3,738 | €6,008 | +€2,269 | +60.7% |
| Cash at bank and in hand | 54/58 | €90,006 | €79,452 | -€10,553 | -11.7% |
| Deferred charges and accrued income | 490/1 | €2,156 | €1,013 | -€1,143 | -53.0% |
| Total equity and liabilities | 10/49 | €434,432 | €399,570 | -€34,862 | -8.0% |
| Equity | 10/15 | €291,205 | €306,853 | +€15,648 | +5.4% |
| Contributions | 10/11 | €411,876 | €411,876 | = | 0.0% |
| Capital | 10 | €411,876 | €411,876 | = | 0.0% |
| Issued capital | 100 | €411,876 | €411,876 | = | 0.0% |
| Reserves | 13 | €8,459 | €5,640 | -€2,820 | -33.3% |
| Tax-exempt reserves | 132 | €8,459 | €5,640 | -€2,820 | -33.3% |
| Profit (loss) carried forward | 14 | -€129,131 | -€110,663 | +€18,468 | +14.3% |
| Provisions and deferred taxes | 16 | €4,356 | €2,904 | -€1,452 | -33.3% |
| Deferred taxes | 168 | €4,356 | €2,904 | -€1,452 | -33.3% |
| Amounts payable | 17/49 | €138,872 | €89,813 | -€49,058 | -35.3% |
| Amounts payable after more than one year | 17 | €77,300 | €26,466 | -€50,834 | -65.8% |
| Financial debts | 170/4 | €77,300 | €26,466 | -€50,834 | -65.8% |
| Amounts payable within one year | 42/48 | €60,668 | €59,847 | -€820 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €48,125 | €50,834 | +€2,709 | +5.6% |
| Trade debts | 44 | €12,349 | €6,799 | -€5,549 | -44.9% |
| Suppliers | 440/4 | €12,349 | €6,799 | -€5,549 | -44.9% |
| Other amounts payable | 47/48 | €194 | €2,214 | +€2,020 | +1039.7% |
| Accrued charges and deferred income | 492/3 | €904 | €3,500 | +€2,596 | +287.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,855 | €43,120 | +€265 | +0.6% |
| Other operating charges | 640/8 | €10,514 | €10,922 | +€408 | +3.9% |
| Gross operating margin | 9900 | €75,832 | €73,428 | -€2,403 | -3.2% |
| Operating profit (loss) | 9901 | €22,463 | €19,387 | -€3,077 | -13.7% |
| Financial income | 75/76B | €689 | €542 | -€147 | -21.3% |
| Recurring financial income | 75 | €689 | €542 | -€147 | -21.3% |
| Financial charges | 65/66B | €8,354 | €5,733 | -€2,621 | -31.4% |
| Recurring financial charges | 65 | €8,354 | €5,733 | -€2,621 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €14,798 | €14,196 | -€602 | -4.1% |
| Transfer from deferred taxes | 780 | €1,452 | €1,452 | = | 0.0% |
| Profit (loss) for the period | 9904 | €16,250 | €15,648 | -€602 | -3.7% |
| Transfer from tax-exempt reserves | 789 | €2,820 | €2,820 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,070 | €18,468 | -€602 | -3.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.