IMM HM: 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.
What changed
IMM HM
NACE 46.720, Wholesale of motor vehicle parts and accessories
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€217,628
2024 · €267,594-€49,966
Equity
€1.8m
2024 · €1.6m+€186,734
Cash
€338,091
2024 · €690,511-€352,420
Balance sheet total
€3.9m
2024 · €3.6m+€228,224
Largest movements
Assets
- Current investments +€500,000
new in 2025: €500,000
- Cash -€352,420
down €352,420 (-51.0%), from €690,511 to €338,091
mainly Current investments (-€500,000) and Investment in fixed assets (net) (-€159,671)
- Stocks and contracts +€113,337
up €113,337 (+11.1%), from €1.0m to €1.1m
- Receivables within one year -€63,032
down €63,032 (-10.3%), from €613,314 to €550,282
of which Trade receivables: -€72,921
Equity and liabilities
- Reserves +€192,628
up €192,628 (+18.4%), from €1.0m to €1.2m
of which Distributable reserves: +€200,772
- Other debts +€62,770
up €62,770 (+7.5%), from €831,806 to €894,575
Income statement
- Staff costs +€127,011
up €127,011 (+22.8%), from €557,550 to €684,562
- Gross operating margin +€69,671
up €69,671 (+6.2%), from €1.1m to €1.2m
- Taxes -€31,890
down €31,890 (-24.9%), from €128,018 to €96,128
- Depreciation +€21,755
up €21,755 (+18.7%), from €116,093 to €137,847
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.
Result 2024
€267,594
Gross operating margin
+€69,671
Staff costs
-€127,011
Depreciation
-€21,755
Write-downs
+€1,242
Other operating charges
-€9,963
Financial income
+€2,962
Financial charges
+€2,998
Taxes
+€31,890
Result 2025
€217,628
raises the resultlowers the result
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.
From operations
+€329,232
Investment
-€659,671
Financing
-€21,982
Cash 2024
€690,511
From operations (derived)
+€329,232
Net result for the year
+€217,628
Depreciation
+€137,847
Stocks and contracts
-€113,337
Receivables within one year
+€63,032
Deferred charges and accrued income
-€8,516
Provisions
-€2,036
Trade debts
-€27,999
Tax, wage and social debts
+€2,630
Other debts
+€62,770
Accrued charges and deferred income
-€2,786
Investment (derived)
-€659,671
Investment in fixed assets (net)
-€159,671
Current investments
-€500,000
Financing
-€21,982
Debts after one year
-€20,262
Current portion of long-term debt
+€29,174
Contributions, distributions and other
-€30,894
Cash 2025
€338,091
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,644,368 | €3,872,592 | +€228,224 | +6.3% |
| Fixed assets | 21/28 | €1,307,529 | €1,329,353 | +€21,823 | +1.7% |
| Intangible fixed assets | 21 | €20,236 | €14,594 | -€5,642 | -27.9% |
| Tangible fixed assets | 22/27 | €897,164 | €924,629 | +€27,465 | +3.1% |
| Land and buildings | 22 | €657,480 | €611,557 | -€45,923 | -7.0% |
| Plant, machinery and equipment | 23 | €134,403 | €135,918 | +€1,515 | +1.1% |
| Furniture and vehicles | 24 | €100,826 | €176,507 | +€75,681 | +75.1% |
| Leasing and similar rights | 25 | €4,454 | €647 | -€3,807 | -85.5% |
| Financial fixed assets | 28 | €390,130 | €390,130 | = | 0.0% |
| Current assets | 29/58 | €2,336,839 | €2,543,240 | +€206,401 | +8.8% |
| Stocks and contracts in progress | 3 | €1,020,448 | €1,133,785 | +€113,337 | +11.1% |
| Stocks | 30/36 | €1,020,448 | €1,133,785 | +€113,337 | +11.1% |
| Amounts receivable within one year | 40/41 | €613,314 | €550,282 | -€63,032 | -10.3% |
| Trade receivables | 40 | €542,122 | €469,201 | -€72,921 | -13.5% |
| Other amounts receivable | 41 | €71,192 | €81,081 | +€9,889 | +13.9% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €690,511 | €338,091 | -€352,420 | -51.0% |
| Deferred charges and accrued income | 490/1 | €12,565 | €21,082 | +€8,516 | +67.8% |
| Total equity and liabilities | 10/49 | €3,644,368 | €3,872,592 | +€228,224 | +6.3% |
| Equity | 10/15 | €1,621,322 | €1,808,056 | +€186,734 | +11.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,046,180 | €1,238,808 | +€192,628 | +18.4% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €114,024 | €105,879 | -€8,145 | -7.1% |
| Distributable reserves | 133 | €924,656 | €1,125,429 | +€200,772 | +21.7% |
| Profit (loss) carried forward | 14 | €425,964 | €425,964 | = | 0.0% |
| Investment grants | 15 | €74,177 | €68,283 | -€5,894 | -7.9% |
| Provisions and deferred taxes | 16 | €28,506 | €26,470 | -€2,036 | -7.1% |
| Deferred taxes | 168 | €28,506 | €26,470 | -€2,036 | -7.1% |
| Amounts payable | 17/49 | €1,994,540 | €2,038,067 | +€43,527 | +2.2% |
| Amounts payable after more than one year | 17 | €662,345 | €642,083 | -€20,262 | -3.1% |
| Financial debts | 170/4 | €662,345 | €642,083 | -€20,262 | -3.1% |
| Amounts payable within one year | 42/48 | €1,329,409 | €1,395,984 | +€66,575 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €93,201 | €122,376 | +€29,174 | +31.3% |
| Trade debts | 44 | €266,753 | €238,754 | -€27,999 | -10.5% |
| Suppliers | 440/4 | €266,753 | €238,754 | -€27,999 | -10.5% |
| Taxes, remuneration and social security | 45 | €137,649 | €140,279 | +€2,630 | +1.9% |
| Taxes | 450/3 | €80,374 | €73,743 | -€6,631 | -8.2% |
| Remuneration and social security | 454/9 | €57,275 | €66,536 | +€9,261 | +16.2% |
| Other amounts payable | 47/48 | €831,806 | €894,575 | +€62,770 | +7.5% |
| Accrued charges and deferred income | 492/3 | €2,786 | - | -€2,786 | |
| Remuneration, social security and pensions | 62 | €557,550 | €684,562 | +€127,011 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,093 | €137,847 | +€21,755 | +18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €389 | -€854 | -€1,242 | |
| Other operating charges | 640/8 | €5,791 | €15,754 | +€9,963 | +172% |
| Gross operating margin | 9900 | €1,128,205 | €1,197,876 | +€69,671 | +6.2% |
| Operating profit (loss) | 9901 | €448,383 | €360,567 | -€87,816 | -19.6% |
| Financial income | 75/76B | €20,055 | €23,017 | +€2,962 | +14.8% |
| Recurring financial income | 75 | €20,055 | €23,017 | +€2,962 | +14.8% |
| Financial charges | 65/66B | €74,862 | €71,865 | -€2,998 | -4.0% |
| Recurring financial charges | 65 | €74,862 | €71,865 | -€2,998 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €393,575 | €311,719 | -€81,856 | -20.8% |
| Transfer from deferred taxes | 780 | €2,036 | €2,036 | = | 0.0% |
| Income taxes | 67/77 | €128,018 | €96,128 | -€31,890 | -24.9% |
| Profit (loss) for the period | 9904 | €267,594 | €217,628 | -€49,966 | -18.7% |
| Transfer from tax-exempt reserves | 789 | €8,145 | €8,145 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €275,738 | €225,772 | -€49,966 | -18.1% |
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 13 October 2026 via checked.be.