Imorox: 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.
Imorox
Largest movements
- Tangible fixed assets +€26,701
up €26,701 (+5.7%), from €464,538 to €491,239
of which Furniture and vehicles: +€49,638
- Receivables within one year -€6,774
down €6,774 (-11.5%), from €59,064 to €52,289
of which Trade receivables: -€19,974
- Reserves +€61,132
up €61,132 (+1934.5%), from €3,160 to €64,292
- Trade debts -€28,758
down €28,758 (-76.5%), from €37,571 to €8,813
- Debts after one year -€25,554
down €25,554 (-15.9%), from €160,673 to €135,120
- Other debts +€16,822
up €16,822 (+7.5%), from €225,344 to €242,167
- Accrued charges and deferred income -€6,539
down €6,539 (-26.3%), from €24,846 to €18,308
- Depreciation +€9,980
up €9,980 (+25.3%), from €39,454 to €49,434
- Gross operating margin -€8,552
down €8,552 (-4.9%), from €176,106 to €167,554
- Financial charges -€3,021
down €3,021 (-12.2%), from €24,687 to €21,666
- Taxes +€1,991
up €1,991 (+7.7%), from €25,923 to €27,914
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 | €551,723 | €569,996 | +€18,274 | +3.3% |
| Fixed assets | 21/28 | €465,028 | €491,729 | +€26,701 | +5.7% |
| Tangible fixed assets | 22/27 | €464,538 | €491,239 | +€26,701 | +5.7% |
| Land and buildings | 22 | €410,719 | €389,075 | -€21,645 | -5.3% |
| Plant, machinery and equipment | 23 | - | €3,589 | +€3,589 | |
| Furniture and vehicles | 24 | €18,832 | €68,470 | +€49,638 | +263.6% |
| Other tangible fixed assets | 26 | €34,986 | €30,106 | -€4,880 | -13.9% |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €86,695 | €78,267 | -€8,428 | -9.7% |
| Amounts receivable within one year | 40/41 | €59,064 | €52,289 | -€6,774 | -11.5% |
| Trade receivables | 40 | €42,987 | €23,013 | -€19,974 | -46.5% |
| Other amounts receivable | 41 | €16,077 | €29,276 | +€13,199 | +82.1% |
| Cash at bank and in hand | 54/58 | €25,397 | €24,057 | -€1,341 | -5.3% |
| Deferred charges and accrued income | 490/1 | €2,234 | €1,921 | -€313 | -14.0% |
| Total equity and liabilities | 10/49 | €551,723 | €569,996 | +€18,274 | +3.3% |
| Equity | 10/15 | €70,374 | €131,506 | +€61,132 | +86.9% |
| Contributions | 10/11 | €44,955 | €44,955 | = | 0.0% |
| Revaluation surpluses | 12 | €22,258 | €22,258 | = | 0.0% |
| Reserves | 13 | €3,160 | €64,292 | +€61,132 | +1934.5% |
| Distributable reserves | 133 | €3,160 | €64,292 | +€61,132 | +1934.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €481,349 | €438,490 | -€42,858 | -8.9% |
| Amounts payable after more than one year | 17 | €160,673 | €135,120 | -€25,554 | -15.9% |
| Financial debts | 170/4 | €160,673 | €135,120 | -€25,554 | -15.9% |
| Amounts payable within one year | 42/48 | €295,829 | €285,063 | -€10,766 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €24,967 | €25,554 | +€587 | +2.4% |
| Trade debts | 44 | €37,571 | €8,813 | -€28,758 | -76.5% |
| Suppliers | 440/4 | €37,571 | €8,813 | -€28,758 | -76.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,947 | €8,530 | +€583 | +7.3% |
| Taxes | 450/3 | €7,947 | €8,530 | +€583 | +7.3% |
| Other amounts payable | 47/48 | €225,344 | €242,167 | +€16,822 | +7.5% |
| Accrued charges and deferred income | 492/3 | €24,846 | €18,308 | -€6,539 | -26.3% |
| Non-recurring operating income | 76A | - | €7,025 | +€7,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,454 | €49,434 | +€9,980 | +25.3% |
| Other operating charges | 640/8 | €7,279 | €6,651 | -€628 | -8.6% |
| Non-recurring operating charges | 66A | €0 | €757 | +€757 | +7573400.0% |
| Gross operating margin | 9900 | €176,106 | €167,554 | -€8,552 | -4.9% |
| Operating profit (loss) | 9901 | €129,373 | €110,712 | -€18,661 | -14.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €24,687 | €21,666 | -€3,021 | -12.2% |
| Recurring financial charges | 65 | €24,687 | €21,666 | -€3,021 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €104,689 | €89,046 | -€15,643 | -14.9% |
| Income taxes | 67/77 | €25,923 | €27,914 | +€1,991 | +7.7% |
| Profit (loss) for the period | 9904 | €78,766 | €61,132 | -€17,634 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,766 | €61,132 | -€17,634 | -22.4% |
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.