IMMAPAS: 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.
IMMAPAS
Largest movements
- Cash -€83,853
down €83,853 (-94.5%), from €88,746 to €4,892
mainly Tax, wage and social debts (-€74,835) and Net result for the year (-€14,582)
- Stocks and contracts -€6,799
down €6,799 (-18.7%), from €36,387 to €29,588
- Tax, wage and social debts -€74,835
down €74,835 (-100%), from €74,835 to €0
- Profit (loss) carried forward -€14,582
down €14,582 (-29.2%), from -€49,878 to -€64,460
- Gross operating margin +€97,772
up €97,772 (+84.8%), from -€115,290 to -€17,518
- Financial income +€3,386
up €3,386 (+1,904%), from €178 to €3,564
- Financial charges -€2,240
down €2,240 (-95.2%), from €2,354 to €114
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.
Derived cash bridge
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 | €486,710 | €397,666 | -€89,044 | -18.3% |
| Current assets | 29/58 | €486,710 | €397,666 | -€89,044 | -18.3% |
| Stocks and contracts in progress | 3 | €36,387 | €29,588 | -€6,799 | -18.7% |
| Stocks | 30/36 | €36,387 | €29,588 | -€6,799 | -18.7% |
| Amounts receivable within one year | 40/41 | €356,355 | €361,112 | +€4,757 | +1.3% |
| Other amounts receivable | 41 | €356,355 | €361,112 | +€4,757 | +1.3% |
| Cash at bank and in hand | 54/58 | €88,746 | €4,892 | -€83,853 | -94.5% |
| Deferred charges and accrued income | 490/1 | €5,223 | €2,074 | -€3,149 | -60.3% |
| Total equity and liabilities | 10/49 | €486,710 | €397,666 | -€89,044 | -18.3% |
| Equity | 10/15 | €408,422 | €393,840 | -€14,582 | -3.6% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €58,300 | €58,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,300 | €50,300 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,878 | -€64,460 | -€14,582 | -29.2% |
| Amounts payable | 17/49 | €78,288 | €3,826 | -€74,462 | -95.1% |
| Amounts payable within one year | 42/48 | €78,288 | €3,826 | -€74,462 | -95.1% |
| Trade debts | 44 | €3,453 | €3,826 | +€373 | +10.8% |
| Suppliers | 440/4 | €3,453 | €3,826 | +€373 | +10.8% |
| Taxes, remuneration and social security | 45 | €74,835 | €0 | -€74,835 | -100% |
| Taxes | 450/3 | €74,835 | €0 | -€74,835 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €1,075 | €513 | -€562 | -52.3% |
| Gross operating margin | 9900 | -€115,290 | -€17,518 | +€97,772 | +84.8% |
| Operating profit (loss) | 9901 | -€116,365 | -€18,032 | +€98,334 | +84.5% |
| Financial income | 75/76B | €178 | €3,564 | +€3,386 | +1,904% |
| Recurring financial income | 75 | €178 | €3,564 | +€3,386 | +1,904% |
| Financial charges | 65/66B | €2,354 | €114 | -€2,240 | -95.2% |
| Recurring financial charges | 65 | €2,354 | €114 | -€2,240 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | -€118,541 | -€14,582 | +€103,959 | +87.7% |
| Profit (loss) for the period | 9904 | -€118,541 | -€14,582 | +€103,959 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,541 | -€14,582 | +€103,959 | +87.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.