IMODHO: 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.
IMODHO
Largest movements
- Current investments +€364,372
up €364,372 (+14.2%), from €2.6m to €2.9m
- Cash -€314,018
down €314,018 (-40.4%), from €778,037 to €464,019
mainly Current investments (-€364,372) and Debts after one year (-€73,225)
- Tangible fixed assets -€71,196
down €71,196 (-5.1%), from €1.4m to €1.3m
of which Land and buildings: -€67,605
- Debts after one year -€73,225
down €73,225 (-43.6%), from €168,098 to €94,873
- Turnover -€183,948
down €183,948 (-44.9%), from €409,442 to €225,494
- Other operating charges +€123,074
new in 2024: €123,074
- Gross operating margin -€107,489
down €107,489 (-35.0%), from €307,152 to €199,663
- Financial income -€85,734
down €85,734 (-41.1%), from €208,655 to €122,921
- Purchases and services -€76,459
down €76,459 (-74.7%), from €102,290 to €25,831
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 | €4,757,184 | €4,710,047 | -€47,137 | -1.0% |
| Fixed assets | 21/28 | €1,389,330 | €1,318,134 | -€71,196 | -5.1% |
| Tangible fixed assets | 22/27 | €1,389,330 | €1,318,134 | -€71,196 | -5.1% |
| Land and buildings | 22 | €1,384,740 | €1,317,135 | -€67,605 | -4.9% |
| Furniture and vehicles | 24 | €4,590 | €999 | -€3,591 | -78.2% |
| Current assets | 29/58 | €3,367,854 | €3,391,913 | +€24,059 | +0.7% |
| Amounts receivable within one year | 40/41 | €26,632 | €337 | -€26,295 | -98.7% |
| Other amounts receivable | 41 | €26,632 | €337 | -€26,295 | -98.7% |
| Current investments | 50/53 | €2,563,185 | €2,927,557 | +€364,372 | +14.2% |
| Cash at bank and in hand | 54/58 | €778,037 | €464,019 | -€314,018 | -40.4% |
| Total equity and liabilities | 10/49 | €4,757,184 | €4,710,047 | -€47,137 | -1.0% |
| Equity | 10/15 | €4,089,514 | €4,093,477 | +€3,963 | +0.1% |
| Contributions | 10/11 | €1,194,847 | €1,194,847 | = | 0.0% |
| Capital | 10 | €1,194,847 | €1,194,847 | = | 0.0% |
| Issued capital | 100 | €1,194,847 | €1,194,847 | = | 0.0% |
| Reserves | 13 | €119,485 | €119,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119,485 | €119,485 | = | 0.0% |
| Legal reserve | 130 | €119,485 | €119,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,775,182 | €2,779,145 | +€3,963 | +0.1% |
| Amounts payable | 17/49 | €667,670 | €616,570 | -€51,100 | -7.7% |
| Amounts payable after more than one year | 17 | €168,098 | €94,873 | -€73,225 | -43.6% |
| Financial debts | 170/4 | €168,098 | €94,873 | -€73,225 | -43.6% |
| Amounts payable within one year | 42/48 | €499,572 | €521,697 | +€22,125 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €39,335 | €49,174 | +€9,839 | +25.0% |
| Trade debts | 44 | €4,994 | €20,814 | +€15,820 | +316.8% |
| Suppliers | 440/4 | €4,994 | €20,814 | +€15,820 | +316.8% |
| Taxes, remuneration and social security | 45 | €5,000 | - | -€5,000 | |
| Taxes | 450/3 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €450,243 | €451,709 | +€1,466 | +0.3% |
| Turnover | 70 | €409,442 | €225,494 | -€183,948 | -44.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €102,290 | €25,831 | -€76,459 | -74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,090 | €71,196 | +€106 | +0.1% |
| Other operating charges | 640/8 | - | €123,074 | +€123,074 | |
| Gross operating margin | 9900 | €307,152 | €199,663 | -€107,489 | -35.0% |
| Operating profit (loss) | 9901 | €236,062 | €5,393 | -€230,669 | -97.7% |
| Financial income | 75/76B | €208,655 | €122,921 | -€85,734 | -41.1% |
| Recurring financial income | 75 | €208,655 | €122,921 | -€85,734 | -41.1% |
| Financial charges | 65/66B | €41,662 | €37,658 | -€4,004 | -9.6% |
| Recurring financial charges | 65 | €41,662 | €37,658 | -€4,004 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €403,055 | €90,656 | -€312,399 | -77.5% |
| Income taxes | 67/77 | €78,766 | €86,693 | +€7,927 | +10.1% |
| Profit (loss) for the period | 9904 | €324,289 | €3,963 | -€320,326 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €324,289 | €3,963 | -€320,326 | -98.8% |
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 1 October 2026 via checked.be.