IMMAWIMBA: 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.
IMMAWIMBA
Largest movements
- Receivables within one year +€34,957
up €34,957 (+75.1%), from €46,533 to €81,490
of which Trade receivables: +€46,957
- Receivables after one year +€22,945
up €22,945 (+22.1%), from €104,000 to €126,945
- Deferred charges and accrued income +€7,775
new in 2025: €7,775
- Trade debts +€99,802
up €99,802 (+5,426%), from €1,839 to €101,642
- Tax, wage and social debts -€51,192
down €51,192 (-95.6%), from €53,552 to €2,360
- Other debts +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Short-term financial debts +€10,091
new in 2025: €10,091
- Gross operating margin +€10,622
up €10,622 (+8.2%), from €129,680 to €140,302
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 | €433,266 | €494,048 | +€60,782 | +14.0% |
| Fixed assets | 21/28 | €269,978 | €268,728 | -€1,250 | -0.5% |
| Tangible fixed assets | 22/27 | €269,919 | €268,669 | -€1,250 | -0.5% |
| Land and buildings | 22 | €269,919 | €268,669 | -€1,250 | -0.5% |
| Financial fixed assets | 28 | €59 | €59 | = | 0.0% |
| Current assets | 29/58 | €163,288 | €225,320 | +€62,032 | +38.0% |
| Amounts receivable after more than one year | 29 | €104,000 | €126,945 | +€22,945 | +22.1% |
| Other amounts receivable | 291 | €104,000 | €126,945 | +€22,945 | +22.1% |
| Amounts receivable within one year | 40/41 | €46,533 | €81,490 | +€34,957 | +75.1% |
| Trade receivables | 40 | €34,533 | €81,490 | +€46,957 | +136% |
| Other amounts receivable | 41 | €12,000 | - | -€12,000 | |
| Cash at bank and in hand | 54/58 | €12,755 | €9,110 | -€3,644 | -28.6% |
| Deferred charges and accrued income | 490/1 | - | €7,775 | +€7,775 | |
| Total equity and liabilities | 10/49 | €433,266 | €494,048 | +€60,782 | +14.0% |
| Equity | 10/15 | €282,874 | €279,956 | -€2,919 | -1.0% |
| Contributions | 10/11 | €63,613 | €63,613 | = | 0.0% |
| Capital | 10 | €63,610 | €63,610 | = | 0.0% |
| Issued capital | 100 | €63,610 | €63,610 | = | 0.0% |
| Contributions outside capital | 11 | €3 | €3 | = | 0.0% |
| Share premium | 1100/10 | €3 | €3 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €19,261 | €16,343 | -€2,919 | -15.2% |
| Non-distributable reserves | 130/1 | €6,361 | €6,361 | = | 0.0% |
| Legal reserve | 130 | €6,361 | €6,361 | = | 0.0% |
| Distributable reserves | 133 | €12,900 | €9,982 | -€2,919 | -22.6% |
| Amounts payable | 17/49 | €150,392 | €214,093 | +€63,701 | +42.4% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Financial debts | 170/4 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €130,392 | €214,093 | +€83,701 | +64.2% |
| Financial debts | 43 | - | €10,091 | +€10,091 | |
| Credit institutions | 430/8 | - | €10,091 | +€10,091 | |
| Trade debts | 44 | €1,839 | €101,642 | +€99,802 | +5,426% |
| Suppliers | 440/4 | €1,839 | €101,642 | +€99,802 | +5,426% |
| Taxes, remuneration and social security | 45 | €53,552 | €2,360 | -€51,192 | -95.6% |
| Taxes | 450/3 | €53,552 | €2,360 | -€51,192 | -95.6% |
| Other amounts payable | 47/48 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,250 | €1,250 | = | 0.0% |
| Other operating charges | 640/8 | €9,191 | €9,194 | +€3 | 0.0% |
| Gross operating margin | 9900 | €129,680 | €140,302 | +€10,622 | +8.2% |
| Operating profit (loss) | 9901 | €119,239 | €129,858 | +€10,619 | +8.9% |
| Financial charges | 65/66B | €29 | €416 | +€388 | +1,360% |
| Recurring financial charges | 65 | €29 | €416 | +€388 | +1,360% |
| Profit (loss) for the period before taxes | 9903 | €119,211 | €129,442 | +€10,231 | +8.6% |
| Income taxes | 67/77 | €32,485 | €32,360 | -€125 | -0.4% |
| Profit (loss) for the period | 9904 | €86,726 | €97,081 | +€10,355 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,726 | €97,081 | +€10,355 | +11.9% |
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 23 October 2026 via checked.be.