IMOQ: 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.
IMOQ
Largest movements
- Tangible fixed assets -€27,237
down €27,237 (-7.5%), from €363,921 to €336,684
- Debts after one year -€34,545
down €34,545 (-11.0%), from €313,148 to €278,603
- Profit (loss) carried forward +€18,045
up €18,045, from -€11,233 to €6,813
- Other debts -€7,500
down €7,500 (-33.2%), from €22,575 to €15,075
- Gross operating margin +€6,316
up €6,316 (+12.8%), from €49,531 to €55,847
- Financial charges -€633
down €633 (-9.6%), from €6,566 to €5,933
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 | €367,900 | €343,911 | -€23,988 | -6.5% |
| Fixed assets | 21/28 | €363,921 | €336,684 | -€27,237 | -7.5% |
| Tangible fixed assets | 22/27 | €363,921 | €336,684 | -€27,237 | -7.5% |
| Land and buildings | 22 | €363,921 | €336,684 | -€27,237 | -7.5% |
| Current assets | 29/58 | €3,979 | €7,227 | +€3,249 | +81.7% |
| Cash at bank and in hand | 54/58 | €3,727 | €6,975 | +€3,248 | +87.2% |
| Deferred charges and accrued income | 490/1 | €252 | €252 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €367,900 | €343,911 | -€23,988 | -6.5% |
| Equity | 10/15 | -€5,033 | €13,013 | +€18,045 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,233 | €6,813 | +€18,045 | |
| Amounts payable | 17/49 | €372,933 | €330,899 | -€42,034 | -11.3% |
| Amounts payable after more than one year | 17 | €313,148 | €278,603 | -€34,545 | -11.0% |
| Financial debts | 170/4 | €313,148 | €278,603 | -€34,545 | -11.0% |
| Amounts payable within one year | 42/48 | €59,784 | €52,296 | -€7,489 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €33,907 | €34,545 | +€638 | +1.9% |
| Trade debts | 44 | €871 | €0 | -€871 | -100.0% |
| Suppliers | 440/4 | €871 | €0 | -€871 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,431 | €2,676 | +€245 | +10.1% |
| Taxes | 450/3 | €2,431 | €2,676 | +€245 | +10.1% |
| Other amounts payable | 47/48 | €22,575 | €15,075 | -€7,500 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,237 | €27,237 | = | 0.0% |
| Other operating charges | 640/8 | €4,490 | €4,632 | +€142 | +3.2% |
| Gross operating margin | 9900 | €49,531 | €55,847 | +€6,316 | +12.8% |
| Operating profit (loss) | 9901 | €17,804 | €23,978 | +€6,174 | +34.7% |
| Financial charges | 65/66B | €6,566 | €5,933 | -€633 | -9.6% |
| Recurring financial charges | 65 | €6,566 | €5,933 | -€633 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €11,238 | €18,045 | +€6,807 | +60.6% |
| Profit (loss) for the period | 9904 | €11,238 | €18,045 | +€6,807 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,238 | €18,045 | +€6,807 | +60.6% |
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.