Imodec: what changed
Two fiscal 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.
Imodec
Largest movements
- Financial fixed assets -€3,863
down €3,863 (-95.3%), from €4,053 to €190
- Cash -€2,902
down €2,902 (-6.3%), from €45,922 to €43,020
mainly Net result for the year (-€6,589) and Receivables within one year (-€178)
- Profit (loss) carried forward -€6,589
down €6,589 (-13.4%), from -€49,161 to -€55,750
- Gross operating margin +€2,840
up €2,840 (+52.4%), from -€5,420 to -€2,579
- Financial charges +€1,312
up €1,312 (+48.8%), from €2,691 to €4,004
of which Non-recurring financial charges: +€2,142
- Other operating charges +€400
new in 2025: €400
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.
Cash bridge derived
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 | €61,175 | €54,587 | -€6,588 | -10.8% |
| Fixed assets | 21/28 | €4,053 | €190 | -€3,863 | -95.3% |
| Financial fixed assets | 28 | €4,053 | €190 | -€3,863 | -95.3% |
| Current assets | 29/58 | €57,122 | €54,397 | -€2,724 | -4.8% |
| Stocks and contracts in progress | 3 | €3,910 | €3,910 | = | 0.0% |
| Stocks | 30/36 | €3,910 | €3,910 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,289 | €7,467 | +€178 | +2.4% |
| Other amounts receivable | 41 | €7,289 | €7,467 | +€178 | +2.4% |
| Cash at bank and in hand | 54/58 | €45,922 | €43,020 | -€2,902 | -6.3% |
| Total equity and liabilities | 10/49 | €61,175 | €54,587 | -€6,588 | -10.8% |
| Equity | 10/15 | €60,565 | €53,976 | -€6,589 | -10.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €357 | €357 | = | 0.0% |
| Reserves | 13 | €47,369 | €47,369 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,169 | €41,169 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,161 | -€55,750 | -€6,589 | -13.4% |
| Amounts payable | 17/49 | €610 | €612 | +€1 | +0.2% |
| Amounts payable within one year | 42/48 | €610 | €612 | +€1 | +0.2% |
| Trade debts | 44 | €610 | €612 | +€1 | +0.2% |
| Suppliers | 440/4 | €610 | €612 | +€1 | +0.2% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€5,420 | -€2,579 | +€2,840 | +52.4% |
| Operating profit (loss) | 9901 | -€5,420 | -€2,979 | +€2,441 | +45.0% |
| Financial income | 75/76B | €429 | €394 | -€35 | -8.1% |
| Recurring financial income | 75 | €429 | €394 | -€35 | -8.1% |
| Financial charges | 65/66B | €2,691 | €4,004 | +€1,312 | +48.8% |
| Recurring financial charges | 65 | €970 | €140 | -€830 | -85.5% |
| Non-recurring financial charges | 66B | €1,721 | €3,863 | +€2,142 | +124.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,682 | -€6,589 | +€1,093 | +14.2% |
| Profit (loss) for the period | 9904 | -€7,682 | -€6,589 | +€1,093 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,682 | -€6,589 | +€1,093 | +14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.