IMN QUALITY FLEET: 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.
IMN QUALITY FLEET
Largest movements
- Receivables within one year +€43,362
up €43,362 (+54.0%), from €80,337 to €123,699
of which Trade receivables: +€31,024
- Tangible fixed assets -€2,918
down €2,918 (-3.5%), from €84,067 to €81,149
- Trade debts +€99,131
up €99,131 (+73.0%), from €135,727 to €234,859
- Profit (loss) carried forward -€65,658
down €65,658, from €25,870 to -€39,788
- Tax, wage and social debts +€6,097
new in 2025: €6,097
- Gross operating margin -€50,894
down €50,894, from €35,106 to -€15,788
- Depreciation +€29,790
up €29,790 (+323%), from €9,236 to €39,026
- Other operating charges +€10,625
new in 2025: €10,625
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 | €166,777 | €206,302 | +€39,525 | +23.7% |
| Fixed assets | 21/28 | €84,067 | €81,149 | -€2,918 | -3.5% |
| Tangible fixed assets | 22/27 | €84,067 | €81,149 | -€2,918 | -3.5% |
| Furniture and vehicles | 24 | €84,067 | €81,149 | -€2,918 | -3.5% |
| Current assets | 29/58 | €82,710 | €125,153 | +€42,443 | +51.3% |
| Amounts receivable within one year | 40/41 | €80,337 | €123,699 | +€43,362 | +54.0% |
| Trade receivables | 40 | €73,620 | €104,644 | +€31,024 | +42.1% |
| Other amounts receivable | 41 | €6,716 | €19,055 | +€12,338 | +184% |
| Cash at bank and in hand | 54/58 | €2,373 | €349 | -€2,024 | -85.3% |
| Deferred charges and accrued income | 490/1 | - | €1,105 | +€1,105 | |
| Total equity and liabilities | 10/49 | €166,777 | €206,302 | +€39,525 | +23.7% |
| Equity | 10/15 | €30,870 | -€34,788 | -€65,658 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,870 | -€39,788 | -€65,658 | |
| Amounts payable | 17/49 | €135,906 | €241,090 | +€105,184 | +77.4% |
| Amounts payable within one year | 42/48 | €135,906 | €240,955 | +€105,049 | +77.3% |
| Trade debts | 44 | €135,727 | €234,859 | +€99,131 | +73.0% |
| Suppliers | 440/4 | €135,727 | €234,859 | +€99,131 | +73.0% |
| Taxes, remuneration and social security | 45 | - | €6,097 | +€6,097 | |
| Taxes | 450/3 | - | €6,097 | +€6,097 | |
| Other amounts payable | 47/48 | €179 | - | -€179 | |
| Accrued charges and deferred income | 492/3 | - | €135 | +€135 | |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,236 | €39,026 | +€29,790 | +323% |
| Other operating charges | 640/8 | - | €10,625 | +€10,625 | |
| Gross operating margin | 9900 | €35,106 | -€15,788 | -€50,894 | |
| Operating profit (loss) | 9901 | €25,870 | -€65,439 | -€91,309 | |
| Financial charges | 65/66B | €0 | €219 | +€219 | +146,180% |
| Recurring financial charges | 65 | €0 | €219 | +€219 | +146,180% |
| Profit (loss) for the period before taxes | 9903 | €25,870 | -€65,658 | -€91,529 | |
| Profit (loss) for the period | 9904 | €25,870 | -€65,658 | -€91,529 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,870 | -€65,658 | -€91,529 |
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 14 October 2026 via checked.be.