Imma Lecleir: 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.
Imma Lecleir
Largest movements
- Receivables within one year -€58,135
down €58,135 (-62.7%), from €92,708 to €34,573
of which Other amounts receivable: -€46,509
- Tangible fixed assets -€42,324
down €42,324 (-9.8%), from €433,186 to €390,862
of which Land and buildings: -€40,606
- Cash -€13,495
down €13,495 (-49.7%), from €27,155 to €13,660
mainly Other debts (-€130,916) and Debts after one year (-€25,000)
- Stocks and contracts -€6,816
down €6,816 (-62.7%), from €10,875 to €4,059
of which Contracts in progress: -€7,500
- Other debts -€130,916
down €130,916 (-73.5%), from €178,006 to €47,090
- Debts after one year -€25,000
down €25,000 (-13.0%), from €192,082 to €167,082
of which Financial debts: -€25,000
- Reserves +€22,956
up €22,956 (+15.2%), from €151,390 to €174,346
- Profit (loss) carried forward +€14,461
no longer reported in 2025 (was -€14,461)
- Current portion of long-term debt -€7,500
down €7,500 (-23.1%), from €32,500 to €25,000
- Gross operating margin +€61,183
up €61,183 (+143%), from €42,763 to €103,946
- Taxes +€9,136
new in 2025: €9,136
- Financial charges +€8,191
up €8,191 (+252%), from €3,245 to €11,436
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 | €566,079 | €445,211 | -€120,868 | -21.4% |
| Fixed assets | 21/28 | €433,186 | €390,862 | -€42,324 | -9.8% |
| Tangible fixed assets | 22/27 | €433,186 | €390,862 | -€42,324 | -9.8% |
| Land and buildings | 22 | €422,594 | €381,988 | -€40,606 | -9.6% |
| Plant, machinery and equipment | 23 | €9,632 | €6,032 | -€3,599 | -37.4% |
| Furniture and vehicles | 24 | €961 | €2,842 | +€1,881 | +196% |
| Current assets | 29/58 | €132,892 | €54,349 | -€78,543 | -59.1% |
| Stocks and contracts in progress | 3 | €10,875 | €4,059 | -€6,816 | -62.7% |
| Stocks | 30/36 | €3,375 | €4,059 | +€685 | +20.3% |
| Contracts in progress | 37 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €92,708 | €34,573 | -€58,135 | -62.7% |
| Trade receivables | 40 | €12,100 | €474 | -€11,626 | -96.1% |
| Other amounts receivable | 41 | €80,608 | €34,099 | -€46,509 | -57.7% |
| Cash at bank and in hand | 54/58 | €27,155 | €13,660 | -€13,495 | -49.7% |
| Deferred charges and accrued income | 490/1 | €2,155 | €2,057 | -€97 | -4.5% |
| Total equity and liabilities | 10/49 | €566,079 | €445,211 | -€120,868 | -21.4% |
| Equity | 10/15 | €155,529 | €192,946 | +€37,417 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,390 | €174,346 | +€22,956 | +15.2% |
| Distributable reserves | 133 | €151,390 | €174,346 | +€22,956 | +15.2% |
| Profit (loss) carried forward | 14 | -€14,461 | - | +€14,461 | |
| Amounts payable | 17/49 | €410,549 | €252,265 | -€158,284 | -38.6% |
| Amounts payable after more than one year | 17 | €192,082 | €167,082 | -€25,000 | -13.0% |
| Financial debts | 170/4 | €92,082 | €67,082 | -€25,000 | -27.1% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €218,385 | €85,183 | -€133,203 | -61.0% |
| Current portion of amounts payable after more than one year | 42 | €32,500 | €25,000 | -€7,500 | -23.1% |
| Trade debts | 44 | €2,836 | €4,390 | +€1,554 | +54.8% |
| Suppliers | 440/4 | €2,836 | €4,390 | +€1,554 | +54.8% |
| Taxes, remuneration and social security | 45 | €5,044 | €8,703 | +€3,659 | +72.6% |
| Taxes | 450/3 | €5,044 | €8,703 | +€3,659 | +72.6% |
| Other amounts payable | 47/48 | €178,006 | €47,090 | -€130,916 | -73.5% |
| Accrued charges and deferred income | 492/3 | €82 | - | -€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,994 | €45,010 | +€16 | 0.0% |
| Other operating charges | 640/8 | €2,142 | €2,161 | +€19 | +0.9% |
| Gross operating margin | 9900 | €42,763 | €103,946 | +€61,183 | +143% |
| Operating profit (loss) | 9901 | -€4,373 | €56,775 | +€61,148 | |
| Financial income | 75/76B | €1,479 | €1,214 | -€264 | -17.9% |
| Recurring financial income | 75 | €1,479 | €1,214 | -€264 | -17.9% |
| Financial charges | 65/66B | €3,245 | €11,436 | +€8,191 | +252% |
| Recurring financial charges | 65 | €3,245 | €11,436 | +€8,191 | +252% |
| Profit (loss) for the period before taxes | 9903 | -€6,139 | €46,553 | +€52,693 | |
| Income taxes | 67/77 | - | €9,136 | +€9,136 | |
| Profit (loss) for the period | 9904 | -€6,139 | €37,417 | +€43,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,139 | €37,417 | +€43,556 |
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 15 October 2026 via checked.be.