IMOGAM: 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.
IMOGAM
Largest movements
- Receivables within one year +€18,100
up €18,100 (+284.4%), from €6,364 to €24,464
- Intangible fixed assets -€6,933
no longer reported in 2025 (was €6,933)
- Tangible fixed assets -€3,172
down €3,172 (-7.5%), from €42,547 to €39,375
- Profit (loss) carried forward +€8,025
up €8,025 (+84.3%), from -€9,514 to -€1,489
- Gross operating margin +€6,589
up €6,589 (+55.2%), from €11,947 to €18,536
- Other operating charges -€1,931
no longer reported in 2025 (was €1,931)
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 | €55,886 | €63,911 | +€8,025 | +14.4% |
| Fixed assets | 21/28 | €49,480 | €39,375 | -€10,105 | -20.4% |
| Intangible fixed assets | 21 | €6,933 | - | -€6,933 | |
| Tangible fixed assets | 22/27 | €42,547 | €39,375 | -€3,172 | -7.5% |
| Land and buildings | 22 | €42,547 | €39,375 | -€3,172 | -7.5% |
| Current assets | 29/58 | €6,406 | €24,536 | +€18,130 | +283.0% |
| Amounts receivable within one year | 40/41 | €6,364 | €24,464 | +€18,100 | +284.4% |
| Other amounts receivable | 41 | €6,364 | €24,464 | +€18,100 | +284.4% |
| Cash at bank and in hand | 54/58 | €42 | €72 | +€30 | +72.4% |
| Total equity and liabilities | 10/49 | €55,886 | €63,911 | +€8,025 | +14.4% |
| Equity | 10/15 | €52,486 | €60,511 | +€8,025 | +15.3% |
| 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% |
| Profit (loss) carried forward | 14 | -€9,514 | -€1,489 | +€8,025 | +84.3% |
| Amounts payable | 17/49 | €3,400 | €3,400 | = | 0.0% |
| Amounts payable after more than one year | 17 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 178/9 | €3,400 | €3,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,105 | €10,105 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,931 | - | -€1,931 | |
| Gross operating margin | 9900 | €11,947 | €18,536 | +€6,589 | +55.2% |
| Operating profit (loss) | 9901 | -€90 | €8,431 | +€8,521 | |
| Financial charges | 65/66B | €239 | €406 | +€167 | +69.9% |
| Recurring financial charges | 65 | €239 | €406 | +€167 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | -€329 | €8,025 | +€8,354 | |
| Profit (loss) for the period | 9904 | -€329 | €8,025 | +€8,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€329 | €8,025 | +€8,354 |
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 7 October 2026 via checked.be.