IMKABEL: 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.
IMKABEL
Largest movements
- Cash -€3,016
down €3,016 (-6.8%), from €44,172 to €41,156
mainly Net result for the year (-€1,843) and Trade debts (-€861)
- Profit (loss) carried forward -€1,843
down €1,843 (-22.0%), from -€8,361 to -€10,204
- Gross operating margin -€3,749
down €3,749, from €1,792 to -€1,957
- Depreciation -€1,147
down €1,147 (-100.0%), from €1,147 to €0
- Financial income +€1,014
up €1,014 (+405.6%), from €250 to €1,264
- Financial charges -€60
down €60 (-14.9%), from €404 to €344
- Other operating charges +€22
up €22 (+2.9%), from €784 to €806
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 | €119,377 | €117,008 | -€2,370 | -2.0% |
| Fixed assets | 21/28 | €24,789 | €24,789 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €24,789 | €24,789 | -€0 | 0.0% |
| Land and buildings | 22 | €24,789 | €24,789 | -€0 | 0.0% |
| Current assets | 29/58 | €94,588 | €92,218 | -€2,370 | -2.5% |
| Amounts receivable within one year | 40/41 | - | €454 | +€454 | |
| Other amounts receivable | 41 | - | €454 | +€454 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,172 | €41,156 | -€3,016 | -6.8% |
| Deferred charges and accrued income | 490/1 | €416 | €608 | +€192 | +46.1% |
| Total equity and liabilities | 10/49 | €119,377 | €117,008 | -€2,370 | -2.0% |
| Equity | 10/15 | €110,725 | €108,882 | -€1,843 | -1.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €57,586 | €57,586 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €50,086 | €50,086 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,361 | -€10,204 | -€1,843 | -22.0% |
| Amounts payable | 17/49 | €8,652 | €8,125 | -€527 | -6.1% |
| Amounts payable within one year | 42/48 | €8,652 | €8,125 | -€527 | -6.1% |
| Trade debts | 44 | €1,031 | €171 | -€861 | -83.5% |
| Suppliers | 440/4 | €1,031 | €171 | -€861 | -83.5% |
| Other amounts payable | 47/48 | €7,621 | €7,955 | +€334 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,147 | €0 | -€1,147 | -100.0% |
| Other operating charges | 640/8 | €784 | €806 | +€22 | +2.9% |
| Gross operating margin | 9900 | €1,792 | -€1,957 | -€3,749 | |
| Operating profit (loss) | 9901 | -€139 | -€2,763 | -€2,625 | -1894.1% |
| Financial income | 75/76B | €250 | €1,264 | +€1,014 | +405.6% |
| Recurring financial income | 75 | €250 | €1,264 | +€1,014 | +405.6% |
| Financial charges | 65/66B | €404 | €344 | -€60 | -14.9% |
| Recurring financial charges | 65 | €404 | €344 | -€60 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€293 | -€1,843 | -€1,551 | -530.1% |
| Profit (loss) for the period | 9904 | -€293 | -€1,843 | -€1,551 | -530.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€293 | -€1,843 | -€1,551 | -530.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.