IMLC Lex: 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.
IMLC Lex
Largest movements
- Receivables within one year +€21,048
up €21,048 (+349.0%), from €6,031 to €27,079
of which Other amounts receivable: +€10,705
- Intangible fixed assets -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Cash +€6,975
up €6,975 (+31.7%), from €21,991 to €28,966
mainly Net result for the year (+€27,859) and Depreciation (+€15,627)
- Profit (loss) carried forward +€27,859
up €27,859 (+518.8%), from €5,370 to €33,229
- Other debts -€8,500
down €8,500 (-21.3%), from €40,000 to €31,500
- Trade debts +€3,615
up €3,615 (+209.8%), from €1,723 to €5,338
- Debts after one year -€2,580
no longer reported in 2025 (was €2,580)
- Tax, wage and social debts -€2,208
down €2,208 (-32.7%), from €6,761 to €4,553
of which Taxes: -€2,636
- Taxes -€26,039
down €26,039, from €24,334 to -€1,705
- Gross operating margin +€13,210
up €13,210 (+44.9%), from €29,416 to €42,626
- Purchases and services +€9,191
up €9,191 (+8.9%), from €103,811 to €113,002
- Other operating charges -€804
down €804 (-63.7%), from €1,262 to €458
- Depreciation +€460
up €460 (+3.0%), from €15,167 to €15,627
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 | €115,541 | €132,192 | +€16,651 | +14.4% |
| Fixed assets | 21/28 | €86,389 | €76,147 | -€10,242 | -11.9% |
| Intangible fixed assets | 21 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Tangible fixed assets | 22/27 | €6,120 | €4,878 | -€1,242 | -20.3% |
| Plant, machinery and equipment | 23 | €247 | €2,481 | +€2,234 | +904.5% |
| Furniture and vehicles | 24 | €5,873 | €2,397 | -€3,476 | -59.2% |
| Financial fixed assets | 28 | €269 | €1,269 | +€1,000 | +371.7% |
| Current assets | 29/58 | €29,152 | €56,045 | +€26,893 | +92.3% |
| Amounts receivable within one year | 40/41 | €6,031 | €27,079 | +€21,048 | +349.0% |
| Trade receivables | 40 | €4,159 | €14,502 | +€10,343 | +248.7% |
| Other amounts receivable | 41 | €1,872 | €12,577 | +€10,705 | +571.8% |
| Cash at bank and in hand | 54/58 | €21,991 | €28,966 | +€6,975 | +31.7% |
| Deferred charges and accrued income | 490/1 | €1,130 | - | -€1,130 | |
| Total equity and liabilities | 10/49 | €115,541 | €132,192 | +€16,651 | +14.4% |
| Equity | 10/15 | €60,370 | €88,229 | +€27,859 | +46.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,370 | €33,229 | +€27,859 | +518.8% |
| Amounts payable | 17/49 | €55,171 | €43,963 | -€11,208 | -20.3% |
| Amounts payable after more than one year | 17 | €2,580 | - | -€2,580 | |
| Financial debts | 170/4 | €2,580 | - | -€2,580 | |
| Amounts payable within one year | 42/48 | €52,591 | €43,358 | -€9,233 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €4,107 | €1,967 | -€2,140 | -52.1% |
| Trade debts | 44 | €1,723 | €5,338 | +€3,615 | +209.8% |
| Suppliers | 440/4 | €1,723 | €5,338 | +€3,615 | +209.8% |
| Taxes, remuneration and social security | 45 | €6,761 | €4,553 | -€2,208 | -32.7% |
| Taxes | 450/3 | €5,260 | €2,624 | -€2,636 | -50.1% |
| Remuneration and social security | 454/9 | €1,501 | €1,929 | +€428 | +28.5% |
| Other amounts payable | 47/48 | €40,000 | €31,500 | -€8,500 | -21.3% |
| Accrued charges and deferred income | 492/3 | - | €605 | +€605 | |
| Goods, raw materials, services and sundry goods | 60/61 | €103,811 | €113,002 | +€9,191 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,167 | €15,627 | +€460 | +3.0% |
| Other operating charges | 640/8 | €1,262 | €458 | -€804 | -63.7% |
| Gross operating margin | 9900 | €29,416 | €42,626 | +€13,210 | +44.9% |
| Operating profit (loss) | 9901 | €12,987 | €26,541 | +€13,554 | +104.4% |
| Financial charges | 65/66B | €622 | €387 | -€235 | -37.8% |
| Recurring financial charges | 65 | €622 | €387 | -€235 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €12,365 | €26,154 | +€13,789 | +111.5% |
| Income taxes | 67/77 | €24,334 | -€1,705 | -€26,039 | |
| Profit (loss) for the period | 9904 | -€11,969 | €27,859 | +€39,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,969 | €27,859 | +€39,828 |
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 5 October 2026 via checked.be.