IMODI: 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.
IMODI
Largest movements
- Cash +€242,868
up €242,868 (+112.9%), from €215,146 to €458,014
mainly Net result for the year (+€121,596) and Depreciation (+€63,547)
- Tangible fixed assets -€126,620
down €126,620 (-16.2%), from €783,537 to €656,916
of which Land and buildings: -€115,381
- Current investments +€50,645
up €50,645 (+50.6%), from €100,000 to €150,645
- Profit (loss) carried forward +€121,596
up €121,596 (+47.5%), from €256,206 to €377,802
- Tax, wage and social debts +€28,708
up €28,708 (+1080.3%), from €2,658 to €31,366
- Gross operating margin +€132,667
up €132,667 (+127.0%), from €104,453 to €237,120
- Taxes +€35,713
up €35,713 (+536.4%), from €6,658 to €42,370
- Financial income +€4,280
new in 2025: €4,280
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 | €1,116,886 | €1,279,093 | +€162,208 | +14.5% |
| Fixed assets | 21/28 | €783,537 | €656,916 | -€126,620 | -16.2% |
| Tangible fixed assets | 22/27 | €783,537 | €656,916 | -€126,620 | -16.2% |
| Land and buildings | 22 | €651,215 | €535,833 | -€115,381 | -17.7% |
| Plant, machinery and equipment | 23 | €75,261 | €79,481 | +€4,220 | +5.6% |
| Furniture and vehicles | 24 | €57,060 | €41,602 | -€15,459 | -27.1% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €333,349 | €622,177 | +€288,828 | +86.6% |
| Amounts receivable within one year | 40/41 | €18,204 | €13,518 | -€4,685 | -25.7% |
| Trade receivables | 40 | €4,605 | €0 | -€4,605 | -100.0% |
| Other amounts receivable | 41 | €13,598 | €13,518 | -€80 | -0.6% |
| Current investments | 50/53 | €100,000 | €150,645 | +€50,645 | +50.6% |
| Cash at bank and in hand | 54/58 | €215,146 | €458,014 | +€242,868 | +112.9% |
| Total equity and liabilities | 10/49 | €1,116,886 | €1,279,093 | +€162,208 | +14.5% |
| Equity | 10/15 | €1,072,406 | €1,194,002 | +€121,596 | +11.3% |
| Contributions | 10/11 | €742,000 | €742,000 | = | 0.0% |
| Capital | 10 | €742,000 | €742,000 | = | 0.0% |
| Issued capital | 100 | €742,000 | €742,000 | = | 0.0% |
| Reserves | 13 | €74,200 | €74,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,200 | €74,200 | = | 0.0% |
| Legal reserve | 130 | €74,200 | €74,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,206 | €377,802 | +€121,596 | +47.5% |
| Amounts payable | 17/49 | €44,480 | €85,092 | +€40,612 | +91.3% |
| Amounts payable within one year | 42/48 | €44,480 | €85,092 | +€40,612 | +91.3% |
| Trade debts | 44 | €1,312 | €1,167 | -€145 | -11.1% |
| Suppliers | 440/4 | €1,312 | €1,167 | -€145 | -11.1% |
| Taxes, remuneration and social security | 45 | €2,658 | €31,366 | +€28,708 | +1080.3% |
| Taxes | 450/3 | €2,658 | €31,366 | +€28,708 | +1080.3% |
| Other amounts payable | 47/48 | €40,510 | €52,559 | +€12,049 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,116 | €63,547 | -€1,569 | -2.4% |
| Other operating charges | 640/8 | €13,215 | €13,710 | +€495 | +3.7% |
| Gross operating margin | 9900 | €104,453 | €237,120 | +€132,667 | +127.0% |
| Operating profit (loss) | 9901 | €26,122 | €159,863 | +€133,740 | +512.0% |
| Financial income | 75/76B | - | €4,280 | +€4,280 | |
| Recurring financial income | 75 | - | €4,280 | +€4,280 | |
| Financial charges | 65/66B | €52 | €177 | +€125 | +241.3% |
| Recurring financial charges | 65 | €52 | €177 | +€125 | +241.3% |
| Profit (loss) for the period before taxes | 9903 | €26,071 | €163,966 | +€137,895 | +528.9% |
| Income taxes | 67/77 | €6,658 | €42,370 | +€35,713 | +536.4% |
| Profit (loss) for the period | 9904 | €19,413 | €121,596 | +€102,183 | +526.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,413 | €121,596 | +€102,183 | +526.4% |
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 29 September 2026 via checked.be.