IMOZAIK: 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.
IMOZAIK
Largest movements
- Tangible fixed assets +€56,808
up €56,808 (+8135.9%), from €698 to €57,507
of which Furniture and vehicles: +€51,819
- Receivables within one year -€35,483
down €35,483 (-46.6%), from €76,162 to €40,679
of which Other amounts receivable: -€32,675
- Cash -€20,587
down €20,587 (-39.4%), from €52,187 to €31,600
mainly Investment in fixed assets (net) (-€61,045) and Other debts (-€35,150)
- Stocks and contracts +€12,900
new in 2025: €12,900
- Deferred charges and accrued income +€2,220
up €2,220 (+132.3%), from €1,678 to €3,899
- Debts after one year +€39,042
new in 2025: €39,042
- Other debts -€35,150
down €35,150 (-47.8%), from €73,550 to €38,400
- Current portion of long-term debt +€8,918
up €8,918 (+1783.5%), from €500 to €9,418
- Tax, wage and social debts -€7,347
down €7,347 (-42.1%), from €17,472 to €10,124
of which Taxes: -€7,627
- Trade debts +€4,261
up €4,261 (+125.2%), from €3,404 to €7,665
- Gross operating margin +€32,514
up €32,514 (+225.3%), from €14,431 to €46,945
- Depreciation +€1,671
up €1,671 (+36.6%), from €4,565 to €6,237
- Staff costs +€1,156
up €1,156 (+3.5%), from €33,300 to €34,456
- Taxes +€887
up €887 (+674.2%), from €132 to €1,019
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 | €140,683 | €154,542 | +€13,859 | +9.9% |
| Fixed assets | 21/28 | €10,656 | €65,464 | +€54,808 | +514.4% |
| Intangible fixed assets | 21 | €9,497 | €7,497 | -€2,000 | -21.1% |
| Tangible fixed assets | 22/27 | €698 | €57,507 | +€56,808 | +8135.9% |
| Plant, machinery and equipment | 23 | - | €4,990 | +€4,990 | |
| Furniture and vehicles | 24 | €698 | €52,517 | +€51,819 | +7421.3% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €130,027 | €89,078 | -€40,949 | -31.5% |
| Stocks and contracts in progress | 3 | - | €12,900 | +€12,900 | |
| Contracts in progress | 37 | - | €12,900 | +€12,900 | |
| Amounts receivable within one year | 40/41 | €76,162 | €40,679 | -€35,483 | -46.6% |
| Trade receivables | 40 | €29,278 | €26,471 | -€2,807 | -9.6% |
| Other amounts receivable | 41 | €46,884 | €14,208 | -€32,675 | -69.7% |
| Cash at bank and in hand | 54/58 | €52,187 | €31,600 | -€20,587 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,678 | €3,899 | +€2,220 | +132.3% |
| Total equity and liabilities | 10/49 | €140,683 | €154,542 | +€13,859 | +9.9% |
| Equity | 10/15 | €45,757 | €49,584 | +€3,827 | +8.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,557 | €43,384 | +€3,827 | +9.7% |
| Amounts payable | 17/49 | €94,926 | €104,958 | +€10,032 | +10.6% |
| Amounts payable after more than one year | 17 | - | €39,042 | +€39,042 | |
| Financial debts | 170/4 | - | €39,042 | +€39,042 | |
| Amounts payable within one year | 42/48 | €94,926 | €65,607 | -€29,319 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €500 | €9,418 | +€8,918 | +1783.5% |
| Trade debts | 44 | €3,404 | €7,665 | +€4,261 | +125.2% |
| Suppliers | 440/4 | €3,404 | €7,665 | +€4,261 | +125.2% |
| Taxes, remuneration and social security | 45 | €17,472 | €10,124 | -€7,347 | -42.1% |
| Taxes | 450/3 | €8,646 | €1,019 | -€7,627 | -88.2% |
| Remuneration and social security | 454/9 | €8,825 | €9,105 | +€280 | +3.2% |
| Other amounts payable | 47/48 | €73,550 | €38,400 | -€35,150 | -47.8% |
| Accrued charges and deferred income | 492/3 | - | €309 | +€309 | |
| Remuneration, social security and pensions | 62 | €33,300 | €34,456 | +€1,156 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,565 | €6,237 | +€1,671 | +36.6% |
| Other operating charges | 640/8 | €890 | €960 | +€69 | +7.8% |
| Gross operating margin | 9900 | €14,431 | €46,945 | +€32,514 | +225.3% |
| Operating profit (loss) | 9901 | -€24,325 | €5,293 | +€29,618 | |
| Financial charges | 65/66B | €237 | €447 | +€210 | +88.6% |
| Recurring financial charges | 65 | €237 | €447 | +€210 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,562 | €4,846 | +€29,408 | |
| Income taxes | 67/77 | €132 | €1,019 | +€887 | +674.2% |
| Profit (loss) for the period | 9904 | -€24,693 | €3,827 | +€28,520 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,693 | €3,827 | +€28,520 |
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 5 October 2026 via checked.be.