IMODECOFORM: 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.
IMODECOFORM
Largest movements
- Receivables within one year +€6,720
up €6,720 (+105.4%), from €6,373 to €13,093
of which Trade receivables: +€6,000
- Tangible fixed assets -€6,717
down €6,717 (-3.7%), from €180,123 to €173,406
of which Land and buildings: -€8,351
- Profit (loss) carried forward -€3,528
down €3,528 (-36.2%), from -€9,748 to -€13,275
- Gross operating margin -€4,447
down €4,447 (-26.7%), from €16,629 to €12,182
- Other operating charges -€240
down €240 (-4.5%), from €5,327 to €5,087
- Depreciation +€175
up €175 (+1.9%), from €9,062 to €9,237
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 | €195,044 | €193,831 | -€1,214 | -0.6% |
| Fixed assets | 21/28 | €180,123 | €173,406 | -€6,717 | -3.7% |
| Tangible fixed assets | 22/27 | €180,123 | €173,406 | -€6,717 | -3.7% |
| Land and buildings | 22 | €175,584 | €167,233 | -€8,351 | -4.8% |
| Plant, machinery and equipment | 23 | €4,539 | €6,173 | +€1,634 | +36.0% |
| Current assets | 29/58 | €14,922 | €20,425 | +€5,503 | +36.9% |
| Amounts receivable within one year | 40/41 | €6,373 | €13,093 | +€6,720 | +105.4% |
| Trade receivables | 40 | €6,300 | €12,300 | +€6,000 | +95.2% |
| Other amounts receivable | 41 | €73 | €793 | +€720 | +987.7% |
| Current investments | 50/53 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,283 | €1,066 | -€1,218 | -53.3% |
| Deferred charges and accrued income | 490/1 | €265 | €267 | +€2 | +0.6% |
| Total equity and liabilities | 10/49 | €195,044 | €193,831 | -€1,214 | -0.6% |
| Equity | 10/15 | €55,352 | €51,825 | -€3,528 | -6.4% |
| 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% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Legal reserve | 130 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,748 | -€13,275 | -€3,528 | -36.2% |
| Amounts payable | 17/49 | €139,692 | €142,006 | +€2,314 | +1.7% |
| Amounts payable within one year | 42/48 | €139,692 | €141,237 | +€1,545 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €120 | €120 | = | 0.0% |
| Trade debts | 44 | €794 | €616 | -€177 | -22.3% |
| Suppliers | 440/4 | €794 | €616 | -€177 | -22.3% |
| Other amounts payable | 47/48 | €138,778 | €140,500 | +€1,722 | +1.2% |
| Accrued charges and deferred income | 492/3 | - | €769 | +€769 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,062 | €9,237 | +€175 | +1.9% |
| Other operating charges | 640/8 | €5,327 | €5,087 | -€240 | -4.5% |
| Gross operating margin | 9900 | €16,629 | €12,182 | -€4,447 | -26.7% |
| Operating profit (loss) | 9901 | €2,240 | -€2,142 | -€4,381 | |
| Financial charges | 65/66B | €1,337 | €1,386 | +€48 | +3.6% |
| Recurring financial charges | 65 | €1,337 | €1,386 | +€48 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €902 | -€3,528 | -€4,430 | |
| Profit (loss) for the period | 9904 | €902 | -€3,528 | -€4,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €902 | -€3,528 | -€4,430 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.