IMLES: 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.
IMLES
Largest movements
- Cash +€115,604
up €115,604 (+40.7%), from €284,286 to €399,891
mainly Net result for the year (+€159,921) and Depreciation (+€14,162)
- Receivables within one year +€20,451
up €20,451 (+3.9%), from €519,052 to €539,503
of which Other amounts receivable: +€20,000
- Tangible fixed assets -€14,162
down €14,162 (-3.3%), from €428,798 to €414,636
- Reserves +€159,921
up €159,921 (+16.4%), from €975,607 to €1.1m
- Debts after one year -€35,714
down €35,714 (-57.1%), from €62,500 to €26,786
- Gross operating margin +€30,455
up €30,455 (+13.1%), from €232,891 to €263,346
- Financial income -€21,949
down €21,949 (-99.9%), from €21,962 to €14
- Depreciation -€3,732
down €3,732 (-20.9%), from €17,893 to €14,162
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 | €1,233,087 | €1,354,030 | +€120,943 | +9.8% |
| Fixed assets | 21/28 | €428,798 | €414,636 | -€14,162 | -3.3% |
| Tangible fixed assets | 22/27 | €428,798 | €414,636 | -€14,162 | -3.3% |
| Land and buildings | 22 | €428,798 | €414,636 | -€14,162 | -3.3% |
| Current assets | 29/58 | €804,288 | €939,393 | +€135,105 | +16.8% |
| Amounts receivable within one year | 40/41 | €519,052 | €539,503 | +€20,451 | +3.9% |
| Trade receivables | 40 | €19,051 | €19,502 | +€451 | +2.4% |
| Other amounts receivable | 41 | €500,001 | €520,001 | +€20,000 | +4.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €284,286 | €399,891 | +€115,604 | +40.7% |
| Deferred charges and accrued income | 490/1 | €950 | €0 | -€950 | -100% |
| Total equity and liabilities | 10/49 | €1,233,087 | €1,354,030 | +€120,943 | +9.8% |
| Equity | 10/15 | €1,115,259 | €1,275,180 | +€159,921 | +14.3% |
| Contributions | 10/11 | €139,652 | €139,652 | = | 0.0% |
| Reserves | 13 | €975,607 | €1,135,528 | +€159,921 | +16.4% |
| Distributable reserves | 133 | €975,607 | €1,135,528 | +€159,921 | +16.4% |
| Amounts payable | 17/49 | €117,828 | €78,850 | -€38,978 | -33.1% |
| Amounts payable after more than one year | 17 | €62,500 | €26,786 | -€35,714 | -57.1% |
| Financial debts | 170/4 | €62,500 | €26,786 | -€35,714 | -57.1% |
| Amounts payable within one year | 42/48 | €55,328 | €52,064 | -€3,263 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €35,714 | €35,714 | = | 0.0% |
| Trade debts | 44 | €2,613 | €0 | -€2,613 | -100% |
| Suppliers | 440/4 | €2,613 | €0 | -€2,613 | -100% |
| Taxes, remuneration and social security | 45 | €17,000 | €16,350 | -€650 | -3.8% |
| Taxes | 450/3 | €17,000 | €16,350 | -€650 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,893 | €14,162 | -€3,732 | -20.9% |
| Other operating charges | 640/8 | €38,705 | €39,172 | +€467 | +1.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €232,891 | €263,346 | +€30,455 | +13.1% |
| Operating profit (loss) | 9901 | €176,292 | €210,012 | +€33,719 | +19.1% |
| Financial income | 75/76B | €21,962 | €14 | -€21,949 | -99.9% |
| Recurring financial income | 75 | €21,962 | €14 | -€21,949 | -99.9% |
| Financial charges | 65/66B | €927 | €751 | -€176 | -19.0% |
| Recurring financial charges | 65 | €927 | €751 | -€176 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €197,328 | €209,275 | +€11,947 | +6.1% |
| Income taxes | 67/77 | €49,514 | €49,354 | -€160 | -0.3% |
| Profit (loss) for the period | 9904 | €147,814 | €159,921 | +€12,107 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €147,814 | €159,921 | +€12,107 | +8.2% |
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 25 October 2026 via checked.be.