IMOCOM: 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.
IMOCOM
Largest movements
- Cash +€10,589
up €10,589 (+111.5%), from €9,495 to €20,084
mainly Net result for the year (+€43,737) and Depreciation (+€17,713)
- Tangible fixed assets -€3,565
down €3,565 (-1.8%), from €194,525 to €190,960
of which Plant, machinery and equipment: -€4,093
- Profit (loss) carried forward +€14,893
up €14,893 (+19.8%), from €75,163 to €90,056
- Reserves -€7,157
down €7,157 (-16.0%), from €44,692 to €37,536
of which Tax-exempt reserves: -€7,157
- Tax, wage and social debts +€4,199
up €4,199 (+365.9%), from €1,148 to €5,347
- Debts after one year -€4,165
down €4,165 (-16.8%), from €24,853 to €20,688
- Provisions -€2,855
down €2,855 (-19.6%), from €14,604 to €11,748
- Gross operating margin +€13,925
up €13,925 (+22.3%), from €62,507 to €76,432
- Taxes +€3,099
up €3,099 (+22.8%), from €13,600 to €16,699
- Depreciation +€927
up €927 (+5.5%), from €16,786 to €17,713
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.
Cash bridge derived
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 | €231,470 | €237,684 | +€6,215 | +2.7% |
| Fixed assets | 21/28 | €194,525 | €190,960 | -€3,565 | -1.8% |
| Tangible fixed assets | 22/27 | €194,525 | €190,960 | -€3,565 | -1.8% |
| Land and buildings | 22 | €82,848 | €82,821 | -€27 | 0.0% |
| Plant, machinery and equipment | 23 | €111,274 | €107,181 | -€4,093 | -3.7% |
| Furniture and vehicles | 24 | €404 | €959 | +€555 | +137.4% |
| Current assets | 29/58 | €36,944 | €46,724 | +€9,780 | +26.5% |
| Amounts receivable within one year | 40/41 | €25,327 | €24,147 | -€1,180 | -4.7% |
| Trade receivables | 40 | €1,200 | - | -€1,200 | |
| Other amounts receivable | 41 | €24,127 | €24,147 | +€20 | +0.1% |
| Cash at bank and in hand | 54/58 | €9,495 | €20,084 | +€10,589 | +111.5% |
| Deferred charges and accrued income | 490/1 | €2,123 | €2,494 | +€371 | +17.5% |
| Total equity and liabilities | 10/49 | €231,470 | €237,684 | +€6,215 | +2.7% |
| Equity | 10/15 | €138,456 | €146,193 | +€7,737 | +5.6% |
| Contributions | 10/11 | €18,601 | €18,601 | = | 0.0% |
| Capital | 10 | €18,601 | €18,601 | = | 0.0% |
| Issued capital | 100 | €18,601 | €18,601 | = | 0.0% |
| Reserves | 13 | €44,692 | €37,536 | -€7,157 | -16.0% |
| Non-distributable reserves | 130/1 | €2,144 | €2,144 | = | 0.0% |
| Legal reserve | 130 | €2,144 | €2,144 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,548 | €35,391 | -€7,157 | -16.8% |
| Profit (loss) carried forward | 14 | €75,163 | €90,056 | +€14,893 | +19.8% |
| Provisions and deferred taxes | 16 | €14,604 | €11,748 | -€2,855 | -19.6% |
| Deferred taxes | 168 | €14,604 | €11,748 | -€2,855 | -19.6% |
| Amounts payable | 17/49 | €78,410 | €79,744 | +€1,333 | +1.7% |
| Amounts payable after more than one year | 17 | €24,853 | €20,688 | -€4,165 | -16.8% |
| Financial debts | 170/4 | €24,853 | €20,688 | -€4,165 | -16.8% |
| Amounts payable within one year | 42/48 | €53,558 | €59,056 | +€5,498 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €4,075 | €4,165 | +€90 | +2.2% |
| Trade debts | 44 | €1,345 | €1,054 | -€291 | -21.7% |
| Suppliers | 440/4 | €1,345 | €1,054 | -€291 | -21.7% |
| Advances received on contracts in progress | 46 | €1,690 | €1,690 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,148 | €5,347 | +€4,199 | +365.9% |
| Taxes | 450/3 | €1,148 | €5,347 | +€4,199 | +365.9% |
| Other amounts payable | 47/48 | €45,300 | €46,800 | +€1,500 | +3.3% |
| Non-recurring operating income | 76A | - | €3,387 | +€3,387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,786 | €17,713 | +€927 | +5.5% |
| Other operating charges | 640/8 | €12,178 | €12,583 | +€404 | +3.3% |
| Gross operating margin | 9900 | €62,507 | €76,432 | +€13,925 | +22.3% |
| Operating profit (loss) | 9901 | €33,543 | €46,136 | +€12,593 | +37.5% |
| Financial income | 75/76B | €12,752 | €13,029 | +€276 | +2.2% |
| Recurring financial income | 75 | €12,752 | €13,029 | +€276 | +2.2% |
| Financial charges | 65/66B | €1,644 | €1,584 | -€61 | -3.7% |
| Recurring financial charges | 65 | €1,644 | €1,584 | -€61 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €44,650 | €57,581 | +€12,930 | +29.0% |
| Transfer from deferred taxes | 780 | €2,932 | €2,855 | -€76 | -2.6% |
| Income taxes | 67/77 | €13,600 | €16,699 | +€3,099 | +22.8% |
| Profit (loss) for the period | 9904 | €33,982 | €43,737 | +€9,755 | +28.7% |
| Transfer from tax-exempt reserves | 789 | €7,462 | €7,157 | -€306 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,444 | €50,893 | +€9,449 | +22.8% |
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 10 October 2026 via checked.be.