IMS Connect: 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.
IMS Connect
Largest movements
- Receivables within one year +€6,706
up €6,706 (+23.9%), from €28,002 to €34,708
of which Other amounts receivable: +€11,379
- Receivables after one year +€3,773
new in 2025: €3,773
- Tangible fixed assets -€2,416
down €2,416 (-21.8%), from €11,077 to €8,661
- Profit (loss) carried forward +€7,851
up €7,851 (+31.7%), from €24,791 to €32,642
- Tax, wage and social debts +€478
up €478 (+4.0%), from €11,949 to €12,426
of which Taxes: +€828
- Gross operating margin -€16,823
down €16,823 (-46.6%), from €36,081 to €19,258
- Taxes -€3,071
down €3,071 (-48.2%), from €6,374 to €3,303
- Depreciation +€1,812
up €1,812 (+300%), from €604 to €2,416
- Other operating charges +€1,779
up €1,779 (+40.7%), from €4,368 to €6,147
- Financial income +€594
up €594 (+942%), from €63 to €657
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,085 | €47,501 | +€8,416 | +21.5% |
| Fixed assets | 21/28 | €11,077 | €8,661 | -€2,416 | -21.8% |
| Tangible fixed assets | 22/27 | €11,077 | €8,661 | -€2,416 | -21.8% |
| Furniture and vehicles | 24 | €11,077 | €8,661 | -€2,416 | -21.8% |
| Current assets | 29/58 | €28,008 | €38,840 | +€10,832 | +38.7% |
| Amounts receivable after more than one year | 29 | - | €3,773 | +€3,773 | |
| Other amounts receivable | 291 | - | €3,773 | +€3,773 | |
| Amounts receivable within one year | 40/41 | €28,002 | €34,708 | +€6,706 | +23.9% |
| Trade receivables | 40 | €26,930 | €22,258 | -€4,673 | -17.4% |
| Other amounts receivable | 41 | €1,072 | €12,451 | +€11,379 | +1,062% |
| Cash at bank and in hand | 54/58 | €5 | €358 | +€353 | +6,508% |
| Total equity and liabilities | 10/49 | €39,085 | €47,501 | +€8,416 | +21.5% |
| Equity | 10/15 | €26,791 | €34,642 | +€7,851 | +29.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,791 | €32,642 | +€7,851 | +31.7% |
| Amounts payable | 17/49 | €12,294 | €12,859 | +€565 | +4.6% |
| Amounts payable within one year | 42/48 | €12,294 | €12,859 | +€565 | +4.6% |
| Trade debts | 44 | €345 | €433 | +€88 | +25.3% |
| Suppliers | 440/4 | €345 | €433 | +€88 | +25.3% |
| Taxes, remuneration and social security | 45 | €11,949 | €12,426 | +€478 | +4.0% |
| Taxes | 450/3 | €11,598 | €12,426 | +€828 | +7.1% |
| Remuneration and social security | 454/9 | €351 | - | -€351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €604 | €2,416 | +€1,812 | +300% |
| Other operating charges | 640/8 | €4,368 | €6,147 | +€1,779 | +40.7% |
| Gross operating margin | 9900 | €36,081 | €19,258 | -€16,823 | -46.6% |
| Operating profit (loss) | 9901 | €31,109 | €10,694 | -€20,415 | -65.6% |
| Financial income | 75/76B | €63 | €657 | +€594 | +942% |
| Recurring financial income | 75 | €63 | €657 | +€594 | +942% |
| Financial charges | 65/66B | €7 | €197 | +€189 | +2,600% |
| Recurring financial charges | 65 | €7 | €197 | +€189 | +2,600% |
| Profit (loss) for the period before taxes | 9903 | €31,165 | €11,155 | -€20,010 | -64.2% |
| Income taxes | 67/77 | €6,374 | €3,303 | -€3,071 | -48.2% |
| Profit (loss) for the period | 9904 | €24,791 | €7,851 | -€16,939 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,791 | €7,851 | -€16,939 | -68.3% |
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 18 October 2026 via checked.be.