IMLOFA: 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.
IMLOFA
Largest movements
- Tangible fixed assets -€36,077
down €36,077 (-5.6%), from €643,696 to €607,619
- Debts after one year -€35,048
down €35,048 (-8.4%), from €418,519 to €383,471
of which Financial debts: -€30,153
- Purchases and services -€4,729
down €4,729 (-6.2%), from €75,737 to €71,008
- Turnover -€3,168
down €3,168 (-2.2%), from €143,361 to €140,193
- Depreciation -€2,149
down €2,149 (-4.5%), from €47,758 to €45,609
- Taxes -€1,664
down €1,664 (-62.4%), from €2,668 to €1,004
- Gross operating margin +€1,561
up €1,561 (+2.3%), from €67,624 to €69,185
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €697,898 | €667,051 | -€30,847 | -4.4% |
| Fixed assets | 21/28 | €643,696 | €607,619 | -€36,077 | -5.6% |
| Tangible fixed assets | 22/27 | €643,696 | €607,619 | -€36,077 | -5.6% |
| Land and buildings | 22 | €643,696 | €607,619 | -€36,077 | -5.6% |
| Current assets | 29/58 | €54,202 | €59,432 | +€5,230 | +9.6% |
| Cash at bank and in hand | 54/58 | €54,202 | €59,432 | +€5,230 | +9.6% |
| Total equity and liabilities | 10/49 | €697,898 | €667,051 | -€30,847 | -4.4% |
| Equity | 10/15 | €225,844 | €231,088 | +€5,244 | +2.3% |
| Contributions | 10/11 | €194,458 | €194,458 | = | 0.0% |
| Capital | 10 | €194,458 | €194,458 | = | 0.0% |
| Issued capital | 100 | €194,458 | €194,458 | = | 0.0% |
| Reserves | 13 | €25,807 | €25,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,541 | €6,541 | = | 0.0% |
| Legal reserve | 130 | - | €6,541 | +€6,541 | |
| Reserves not available under the articles | 1311 | €6,541 | - | -€6,541 | |
| Distributable reserves | 133 | €19,266 | €19,266 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,579 | €10,823 | +€5,244 | +94.0% |
| Amounts payable | 17/49 | €472,054 | €435,963 | -€36,091 | -7.6% |
| Amounts payable after more than one year | 17 | €418,519 | €383,471 | -€35,048 | -8.4% |
| Financial debts | 170/4 | €271,903 | €241,750 | -€30,153 | -11.1% |
| Other amounts payable | 178/9 | €146,616 | €141,721 | -€4,895 | -3.3% |
| Amounts payable within one year | 42/48 | €9,329 | €10,548 | +€1,219 | +13.1% |
| Trade debts | 44 | €88 | €548 | +€460 | +522.7% |
| Suppliers | 440/4 | €88 | €548 | +€460 | +522.7% |
| Other amounts payable | 47/48 | €9,241 | €10,000 | +€759 | +8.2% |
| Accrued charges and deferred income | 492/3 | €44,206 | €41,944 | -€2,262 | -5.1% |
| Turnover | 70 | €143,361 | €140,193 | -€3,168 | -2.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €75,737 | €71,008 | -€4,729 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,758 | €45,609 | -€2,149 | -4.5% |
| Gross operating margin | 9900 | €67,624 | €69,185 | +€1,561 | +2.3% |
| Operating profit (loss) | 9901 | €19,866 | €23,576 | +€3,710 | +18.7% |
| Financial income | 75/76B | €25 | €140 | +€115 | +460.0% |
| Recurring financial income | 75 | €25 | €140 | +€115 | +460.0% |
| Financial charges | 65/66B | €7,983 | €7,468 | -€515 | -6.5% |
| Recurring financial charges | 65 | €7,983 | €7,468 | -€515 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €11,908 | €16,248 | +€4,340 | +36.4% |
| Income taxes | 67/77 | €2,668 | €1,004 | -€1,664 | -62.4% |
| Profit (loss) for the period | 9904 | €9,240 | €15,244 | +€6,004 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,240 | €15,244 | +€6,004 | +65.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.