IMS BELGIUM: 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.
What changed
IMS BELGIUM
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€116,411
2024 · -€442,791+€326,380
Equity
€4.6m
2024 · €4.7m-€116,411
Cash
€1.7m
2024 · €1.6m+€126,288
Balance sheet total
€8.7m
2024 · €9.1m-€401,513
Largest movements
Assets
- Receivables within one year -€338,840
down €338,840 (-7.3%), from €4.7m to €4.3m
of which Other amounts receivable: -€272,214
- Stocks and contracts -€244,857
down €244,857 (-8.8%), from €2.8m to €2.5m
- Cash +€126,288
up €126,288 (+7.9%), from €1.6m to €1.7m
mainly Receivables within one year (+€338,840) and Stocks and contracts (+€244,857)
Equity and liabilities
- Trade debts -€363,436
down €363,436 (-9.1%), from €4.0m to €3.6m
- Profit (loss) carried forward -€116,411
down €116,411 (-3.4%), from €3.5m to €3.3m
Income statement
- Turnover +€268,715
up €268,715 (+1.1%), from €25.2m to €25.5m
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.
Result 2024
-€442,791
Turnover
+€268,715
Other operating income
+€400
Goods and materials
+€136,202
Services and other goods
+€32,699
Staff costs
-€37,967
Depreciation
-€1,252
Write-downs
-€59,399
Provisions
-€29
Other operating charges
+€1,069
Financial income
-€20,039
Financial charges
+€3,414
Taxes
+€2,567
Result 2025
-€116,411
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€168,729
Investment
-€42,440
Financing
-€0
Cash 2024
€1.6m
From operations (derived)
+€168,729
Net result for the year
-€116,411
Depreciation
+€16,437
Stocks and contracts
+€244,857
Receivables within one year
+€338,840
Deferred charges and accrued income
-€29,892
Provisions
+€921
Trade debts
-€363,436
Tax, wage and social debts
+€80,280
Accrued charges and deferred income
-€2,867
Investment (derived)
-€42,440
Investment in fixed assets (net)
-€42,440
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,116,056 | €8,714,543 | -€401,513 | -4.4% |
| Fixed assets | 21/28 | €63,014 | €89,018 | +€26,004 | +41.3% |
| Tangible fixed assets | 22/27 | €62,804 | €88,808 | +€26,004 | +41.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €2,070 | €42,717 | +€40,647 | +1,964% |
| Furniture and vehicles | 24 | €60,735 | €46,092 | -€14,643 | -24.1% |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Other financial fixed assets | 284/8 | €209 | €209 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €9,053,042 | €8,625,525 | -€427,517 | -4.7% |
| Stocks and contracts in progress | 3 | €2,780,288 | €2,535,432 | -€244,857 | -8.8% |
| Stocks | 30/36 | €2,780,288 | €2,535,432 | -€244,857 | -8.8% |
| Goods purchased for resale | 34 | €2,780,288 | €2,535,432 | -€244,857 | -8.8% |
| Amounts receivable within one year | 40/41 | €4,660,531 | €4,321,691 | -€338,840 | -7.3% |
| Trade receivables | 40 | €2,588,317 | €2,521,691 | -€66,626 | -2.6% |
| Other amounts receivable | 41 | €2,072,214 | €1,800,000 | -€272,214 | -13.1% |
| Cash at bank and in hand | 54/58 | €1,608,175 | €1,734,464 | +€126,288 | +7.9% |
| Deferred charges and accrued income | 490/1 | €4,048 | €33,939 | +€29,892 | +738% |
| Total equity and liabilities | 10/49 | €9,116,056 | €8,714,543 | -€401,513 | -4.4% |
| Equity | 10/15 | €4,696,357 | €4,579,946 | -€116,411 | -2.5% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Capital | 10 | €330,000 | €330,000 | = | 0.0% |
| Issued capital | 100 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €906,814 | €906,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €65,084 | €65,084 | = | 0.0% |
| Legal reserve | 130 | €33,000 | €33,000 | = | 0.0% |
| Other | 1319 | €32,084 | €32,084 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,767 | €21,767 | = | 0.0% |
| Distributable reserves | 133 | €819,964 | €819,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,459,542 | €3,343,131 | -€116,411 | -3.4% |
| Provisions and deferred taxes | 16 | €28,769 | €29,690 | +€921 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €28,769 | €29,690 | +€921 | +3.2% |
| Pensions and similar obligations | 160 | €28,769 | €29,690 | +€921 | +3.2% |
| Amounts payable | 17/49 | €4,390,930 | €4,104,907 | -€286,023 | -6.5% |
| Amounts payable within one year | 42/48 | €4,345,932 | €4,062,776 | -€283,156 | -6.5% |
| Trade debts | 44 | €3,985,751 | €3,622,315 | -€363,436 | -9.1% |
| Suppliers | 440/4 | €3,985,751 | €3,622,315 | -€363,436 | -9.1% |
| Taxes, remuneration and social security | 45 | €360,181 | €440,461 | +€80,280 | +22.3% |
| Taxes | 450/3 | €182,554 | €246,860 | +€64,306 | +35.2% |
| Remuneration and social security | 454/9 | €177,626 | €193,601 | +€15,974 | +9.0% |
| Accrued charges and deferred income | 492/3 | €44,998 | €42,132 | -€2,867 | -6.4% |
| Operating income | 70/76A | €25,239,628 | €25,508,742 | +€269,114 | +1.1% |
| Turnover | 70 | €25,205,630 | €25,474,345 | +€268,715 | +1.1% |
| Other operating income | 74 | €33,997 | €34,397 | +€400 | +1.2% |
| Operating charges | 60/66A | €25,667,670 | €25,596,347 | -€71,323 | -0.3% |
| Goods for resale, raw materials and consumables | 60 | €22,310,510 | €22,174,308 | -€136,202 | -0.6% |
| Purchases | 600/8 | €22,807,326 | €22,006,145 | -€801,182 | -3.5% |
| Change in stocks: decrease (increase) | 609 | -€496,817 | €168,163 | +€664,980 | |
| Services and other goods | 61 | €1,895,134 | €1,862,435 | -€32,699 | -1.7% |
| Remuneration, social security and pensions | 62 | €1,406,465 | €1,444,432 | +€37,967 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,184 | €16,437 | +€1,252 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,267 | €97,666 | +€59,399 | +155% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €892 | €921 | +€29 | +3.3% |
| Other operating charges | 640/8 | €1,218 | €148 | -€1,069 | -87.8% |
| Operating profit (loss) | 9901 | -€428,042 | -€87,605 | +€340,437 | +79.5% |
| Financial income | 75/76B | €67,242 | €47,203 | -€20,039 | -29.8% |
| Recurring financial income | 75 | €67,242 | €47,203 | -€20,039 | -29.8% |
| Other financial income | 752/9 | €67,242 | €47,203 | -€20,039 | -29.8% |
| Financial charges | 65/66B | €79,424 | €76,009 | -€3,414 | -4.3% |
| Recurring financial charges | 65 | €79,424 | €76,009 | -€3,414 | -4.3% |
| Other financial charges | 652/9 | €79,424 | €76,009 | -€3,414 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€440,223 | -€116,411 | +€323,813 | +73.6% |
| Income taxes | 67/77 | €2,567 | - | -€2,567 | |
| Taxes | 670/3 | €2,571 | - | -€2,571 | |
| Tax adjustments and reversals of tax provisions | 77 | €4 | - | -€4 | |
| Profit (loss) for the period | 9904 | -€442,791 | -€116,411 | +€326,380 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€442,791 | -€116,411 | +€326,380 | +73.7% |
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 27 October 2026 via checked.be.