IMOGEN: 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.
IMOGEN
Largest movements
- Tangible fixed assets +€720,711
up €720,711 (+263.2%), from €273,827 to €994,537
of which Land and buildings: +€720,275
- Cash -€386,800
down €386,800 (-64.4%), from €600,485 to €213,685
mainly Investment in fixed assets (net) (-€761,735) and Other debts (-€22,691)
- Receivables within one year -€43,047
down €43,047 (-50.8%), from €84,734 to €41,687
of which Trade receivables: -€73,518
- Debts after one year +€200,000
up €200,000 (+111.1%), from €179,973 to €379,973
- Profit (loss) carried forward +€117,909
up €117,909 (+28.5%), from €414,410 to €532,318
- Other debts -€22,691
down €22,691 (-51.7%), from €43,870 to €21,180
- Other operating charges -€89,688
down €89,688 (-92.1%), from €97,330 to €7,642
- Gross operating margin +€54,369
up €54,369 (+30.0%), from €181,353 to €235,722
- Taxes -€17,788
down €17,788 (-27.3%), from €65,266 to €47,479
- Depreciation +€17,332
up €17,332 (+73.2%), from €23,692 to €41,024
- Financial charges +€14,424
up €14,424 (+10910.0%), from €132 to €14,556
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 | €962,518 | €1,251,352 | +€288,834 | +30.0% |
| Fixed assets | 21/28 | €273,852 | €994,562 | +€720,711 | +263.2% |
| Tangible fixed assets | 22/27 | €273,827 | €994,537 | +€720,711 | +263.2% |
| Land and buildings | 22 | €220,068 | €940,343 | +€720,275 | +327.3% |
| Plant, machinery and equipment | 23 | €13,320 | €9,749 | -€3,572 | -26.8% |
| Furniture and vehicles | 24 | €40,439 | €44,446 | +€4,007 | +9.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €688,666 | €256,789 | -€431,876 | -62.7% |
| Amounts receivable within one year | 40/41 | €84,734 | €41,687 | -€43,047 | -50.8% |
| Trade receivables | 40 | €75,750 | €2,232 | -€73,518 | -97.1% |
| Other amounts receivable | 41 | €8,984 | €39,454 | +€30,471 | +339.2% |
| Cash at bank and in hand | 54/58 | €600,485 | €213,685 | -€386,800 | -64.4% |
| Deferred charges and accrued income | 490/1 | €3,447 | €1,418 | -€2,029 | -58.9% |
| Total equity and liabilities | 10/49 | €962,518 | €1,251,352 | +€288,834 | +30.0% |
| Equity | 10/15 | €663,807 | €781,716 | +€117,909 | +17.8% |
| Contributions | 10/11 | €62,011 | €62,011 | = | 0.0% |
| Capital | 10 | €62,011 | €62,011 | = | 0.0% |
| Issued capital | 100 | €62,011 | €62,011 | = | 0.0% |
| Reserves | 13 | €187,387 | €187,387 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,756 | €19,523 | -€15,233 | -43.8% |
| Distributable reserves | 133 | €152,631 | €167,864 | +€15,233 | +10.0% |
| Profit (loss) carried forward | 14 | €414,410 | €532,318 | +€117,909 | +28.5% |
| Amounts payable | 17/49 | €298,711 | €469,636 | +€170,925 | +57.2% |
| Amounts payable after more than one year | 17 | €179,973 | €379,973 | +€200,000 | +111.1% |
| Financial debts | 170/4 | €179,973 | €379,973 | +€200,000 | +111.1% |
| Amounts payable within one year | 42/48 | €118,707 | €89,631 | -€29,076 | -24.5% |
| Trade debts | 44 | €2,954 | €4,587 | +€1,633 | +55.3% |
| Suppliers | 440/4 | €2,954 | €4,587 | +€1,633 | +55.3% |
| Taxes, remuneration and social security | 45 | €71,883 | €63,864 | -€8,019 | -11.2% |
| Taxes | 450/3 | €71,883 | €63,864 | -€8,019 | -11.2% |
| Other amounts payable | 47/48 | €43,870 | €21,180 | -€22,691 | -51.7% |
| Accrued charges and deferred income | 492/3 | €31 | €32 | +€1 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,692 | €41,024 | +€17,332 | +73.2% |
| Other operating charges | 640/8 | €97,330 | €7,642 | -€89,688 | -92.1% |
| Non-recurring operating charges | 66A | - | €7,437 | +€7,437 | |
| Gross operating margin | 9900 | €181,353 | €235,722 | +€54,369 | +30.0% |
| Operating profit (loss) | 9901 | €60,331 | €179,619 | +€119,288 | +197.7% |
| Financial income | 75/76B | €12 | €325 | +€313 | +2607.2% |
| Recurring financial income | 75 | €12 | €325 | +€313 | +2607.2% |
| Financial charges | 65/66B | €132 | €14,556 | +€14,424 | +10910.0% |
| Recurring financial charges | 65 | €132 | €14,556 | +€14,424 | +10910.0% |
| Profit (loss) for the period before taxes | 9903 | €60,211 | €165,387 | +€105,176 | +174.7% |
| Income taxes | 67/77 | €65,266 | €47,479 | -€17,788 | -27.3% |
| Profit (loss) for the period | 9904 | -€5,055 | €117,909 | +€122,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,055 | €117,909 | +€122,964 |
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 8 October 2026 via checked.be.