IMOMAR: what changed
Two financial 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.
IMOMAR
Largest movements
- Receivables within one year +€162,865
up €162,865 (+2591.3%), from €6,285 to €169,150
of which Other amounts receivable: +€161,080
- Tangible fixed assets -€130,530
down €130,530 (-3.9%), from €3.4m to €3.3m
of which Land and buildings: -€112,914
- Cash -€91,114
no longer reported in 2025 (was €91,114)
mainly Receivables within one year (-€162,865) and Net result for the year (-€71,387)
- Profit (loss) carried forward -€71,387
down €71,387 (-4.2%), from €1.7m to €1.6m
- Debts after one year -€65,359
down €65,359 (-10.0%), from €650,812 to €585,453
of which Financial debts: -€63,289
- Gross operating margin -€17,172
down €17,172 (-7.3%), from €236,202 to €219,030
- Depreciation +€10,586
up €10,586 (+7.1%), from €148,575 to €159,161
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 | €3,857,778 | €3,736,299 | -€121,479 | -3.1% |
| Fixed assets | 21/28 | €3,550,785 | €3,408,304 | -€142,481 | -4.0% |
| Tangible fixed assets | 22/27 | €3,388,816 | €3,258,286 | -€130,530 | -3.9% |
| Land and buildings | 22 | €3,279,250 | €3,166,336 | -€112,914 | -3.4% |
| Plant, machinery and equipment | 23 | €180 | - | -€180 | |
| Furniture and vehicles | 24 | €100,886 | €83,450 | -€17,436 | -17.3% |
| Other tangible fixed assets | 26 | €8,500 | €8,500 | = | 0.0% |
| Financial fixed assets | 28 | €161,969 | €150,018 | -€11,951 | -7.4% |
| Current assets | 29/58 | €306,993 | €327,995 | +€21,002 | +6.8% |
| Amounts receivable within one year | 40/41 | €6,285 | €169,150 | +€162,865 | +2591.3% |
| Trade receivables | 40 | - | €1,785 | +€1,785 | |
| Other amounts receivable | 41 | €6,285 | €167,365 | +€161,080 | +2562.9% |
| Current investments | 50/53 | €180,363 | €157,966 | -€22,397 | -12.4% |
| Cash at bank and in hand | 54/58 | €91,114 | - | -€91,114 | |
| Deferred charges and accrued income | 490/1 | €29,231 | €879 | -€28,352 | -97.0% |
| Total equity and liabilities | 10/49 | €3,857,778 | €3,736,299 | -€121,479 | -3.1% |
| Equity | 10/15 | €1,804,100 | €1,732,713 | -€71,387 | -4.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €19,339 | €19,339 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €12,839 | €12,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,719,761 | €1,648,374 | -€71,387 | -4.2% |
| Amounts payable | 17/49 | €2,053,678 | €2,003,586 | -€50,092 | -2.4% |
| Amounts payable after more than one year | 17 | €650,812 | €585,453 | -€65,359 | -10.0% |
| Financial debts | 170/4 | €628,525 | €565,236 | -€63,289 | -10.1% |
| Other amounts payable | 178/9 | €22,287 | €20,217 | -€2,070 | -9.3% |
| Amounts payable within one year | 42/48 | €1,402,866 | €1,418,133 | +€15,267 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €91,078 | €70,131 | -€20,947 | -23.0% |
| Trade debts | 44 | €6,430 | €2,481 | -€3,949 | -61.4% |
| Suppliers | 440/4 | €6,430 | €2,481 | -€3,949 | -61.4% |
| Advances received on contracts in progress | 46 | - | €5,045 | +€5,045 | |
| Taxes, remuneration and social security | 45 | €28,941 | €28,272 | -€669 | -2.3% |
| Taxes | 450/3 | €28,941 | €28,272 | -€669 | -2.3% |
| Other amounts payable | 47/48 | €1,276,417 | €1,312,204 | +€35,787 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,575 | €159,161 | +€10,586 | +7.1% |
| Other operating charges | 640/8 | €22,059 | €21,924 | -€135 | -0.6% |
| Gross operating margin | 9900 | €236,202 | €219,030 | -€17,172 | -7.3% |
| Operating profit (loss) | 9901 | €65,568 | €37,945 | -€27,623 | -42.1% |
| Financial income | 75/76B | €1,404 | €1,262 | -€142 | -10.1% |
| Recurring financial income | 75 | €1,404 | €1,262 | -€142 | -10.1% |
| Financial charges | 65/66B | €112,193 | €110,831 | -€1,362 | -1.2% |
| Recurring financial charges | 65 | €112,193 | €110,831 | -€1,362 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€45,221 | -€71,624 | -€26,403 | -58.4% |
| Income taxes | 67/77 | €37 | -€237 | -€274 | |
| Profit (loss) for the period | 9904 | -€45,258 | -€71,387 | -€26,129 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,258 | -€71,387 | -€26,129 | -57.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.