IMLAB: 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.
IMLAB
Largest movements
- Cash -€54,334
down €54,334 (-33.1%), from €163,970 to €109,637
mainly Investment in fixed assets (net) (-€66,110) and Trade debts (-€53,402)
- Tangible fixed assets +€53,341
up €53,341 (+239%), from €22,282 to €75,622
of which Assets under construction and advance payments: +€50,000
- Intangible fixed assets -€19,747
down €19,747 (-29.4%), from €67,187 to €47,440
- Receivables within one year +€15,954
up €15,954 (+8.1%), from €196,115 to €212,069
of which Trade receivables: +€15,347
- Stocks and contracts -€12,319
down €12,319 (-13.2%), from €93,587 to €81,268
- Trade debts -€53,402
down €53,402 (-38.8%), from €137,589 to €84,187
- Reserves +€40,904
up €40,904 (+7.9%), from €517,588 to €558,492
of which Distributable reserves: +€40,904
- Accrued charges and deferred income +€19,144
up €19,144 (+3,158%), from €606 to €19,750
- Other debts -€14,628
down €14,628 (-18.3%), from €80,056 to €65,429
- Gross operating margin +€44,210
up €44,210 (+28.9%), from €152,874 to €197,084
- Taxes +€8,497
up €8,497 (+66.6%), from €12,765 to €21,261
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 | €778,109 | €767,272 | -€10,837 | -1.4% |
| Fixed assets | 21/28 | €315,416 | €349,010 | +€33,594 | +10.7% |
| Intangible fixed assets | 21 | €67,187 | €47,440 | -€19,747 | -29.4% |
| Tangible fixed assets | 22/27 | €22,282 | €75,622 | +€53,341 | +239% |
| Plant, machinery and equipment | 23 | €7,969 | €14,871 | +€6,903 | +86.6% |
| Furniture and vehicles | 24 | €6,977 | €4,276 | -€2,701 | -38.7% |
| Other tangible fixed assets | 26 | €7,336 | €6,475 | -€861 | -11.7% |
| Assets under construction and advance payments | 27 | - | €50,000 | +€50,000 | |
| Financial fixed assets | 28 | €225,948 | €225,948 | = | 0.0% |
| Current assets | 29/58 | €462,693 | €418,262 | -€44,431 | -9.6% |
| Stocks and contracts in progress | 3 | €93,587 | €81,268 | -€12,319 | -13.2% |
| Stocks | 30/36 | €93,587 | €81,268 | -€12,319 | -13.2% |
| Amounts receivable within one year | 40/41 | €196,115 | €212,069 | +€15,954 | +8.1% |
| Trade receivables | 40 | €192,786 | €208,133 | +€15,347 | +8.0% |
| Other amounts receivable | 41 | €3,328 | €3,936 | +€607 | +18.3% |
| Cash at bank and in hand | 54/58 | €163,970 | €109,637 | -€54,334 | -33.1% |
| Deferred charges and accrued income | 490/1 | €9,021 | €15,289 | +€6,268 | +69.5% |
| Total equity and liabilities | 10/49 | €778,109 | €767,272 | -€10,837 | -1.4% |
| Equity | 10/15 | €524,588 | €565,492 | +€40,904 | +7.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €517,588 | €558,492 | +€40,904 | +7.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €515,588 | €556,492 | +€40,904 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €253,520 | €201,780 | -€51,740 | -20.4% |
| Amounts payable within one year | 42/48 | €252,914 | €182,030 | -€70,884 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €137,589 | €84,187 | -€53,402 | -38.8% |
| Suppliers | 440/4 | €137,589 | €84,187 | -€53,402 | -38.8% |
| Taxes, remuneration and social security | 45 | €35,268 | €32,414 | -€2,854 | -8.1% |
| Taxes | 450/3 | €18,714 | €24,436 | +€5,722 | +30.6% |
| Remuneration and social security | 454/9 | €16,554 | €7,978 | -€8,576 | -51.8% |
| Other amounts payable | 47/48 | €80,056 | €65,429 | -€14,628 | -18.3% |
| Accrued charges and deferred income | 492/3 | €606 | €19,750 | +€19,144 | +3,158% |
| Remuneration, social security and pensions | 62 | €79,824 | €78,325 | -€1,498 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,638 | €32,516 | +€878 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€90 | €1,216 | +€1,306 | |
| Other operating charges | 640/8 | €1,183 | €2,668 | +€1,485 | +126% |
| Non-recurring operating charges | 66A | €66 | €0 | -€66 | -100% |
| Gross operating margin | 9900 | €152,874 | €197,084 | +€44,210 | +28.9% |
| Operating profit (loss) | 9901 | €40,254 | €82,358 | +€42,104 | +105% |
| Financial income | 75/76B | €629 | €914 | +€285 | +45.2% |
| Recurring financial income | 75 | €629 | €914 | +€285 | +45.2% |
| Financial charges | 65/66B | €5,826 | €6,107 | +€281 | +4.8% |
| Recurring financial charges | 65 | €5,826 | €6,107 | +€281 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €35,057 | €77,165 | +€42,108 | +120% |
| Income taxes | 67/77 | €12,765 | €21,261 | +€8,497 | +66.6% |
| Profit (loss) for the period | 9904 | €22,292 | €55,904 | +€33,611 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €22,292 | €55,904 | +€33,611 | +151% |
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 30 October 2026 via checked.be.