IMS ELEC: 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.
IMS ELEC
Largest movements
- Receivables within one year -€35,469
down €35,469 (-65.3%), from €54,356 to €18,887
of which Trade receivables: -€29,700
- Cash +€7,220
up €7,220 (+134.7%), from €5,359 to €12,579
mainly Receivables within one year (+€35,469) and Other debts (+€21,241)
- Profit (loss) carried forward -€43,720
down €43,720 (-112.2%), from -€38,980 to -€82,700
- Other debts +€21,241
up €21,241 (+35.8%), from €59,284 to €80,524
- Debts after one year -€7,922
down €7,922 (-30.0%), from €26,390 to €18,468
- Trade debts +€4,992
up €4,992 (+238.8%), from €2,090 to €7,082
- Tax, wage and social debts -€3,332
down €3,332 (-76.9%), from €4,332 to €1,000
- Gross operating margin -€7,335
down €7,335 (-61.9%), from €11,849 to €4,514
- Staff costs -€827
down €827 (-1.8%), from €46,868 to €46,040
- Other operating charges -€521
down €521 (-56.6%), from €921 to €400
- Depreciation -€170
down €170 (-44.5%), from €381 to €211
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 | €73,730 | €45,296 | -€28,433 | -38.6% |
| Fixed assets | 21/28 | €417 | €206 | -€211 | -50.7% |
| Tangible fixed assets | 22/27 | €417 | €206 | -€211 | -50.7% |
| Plant, machinery and equipment | 23 | €417 | €206 | -€211 | -50.7% |
| Current assets | 29/58 | €73,313 | €45,091 | -€28,222 | -38.5% |
| Stocks and contracts in progress | 3 | €13,597 | €13,597 | = | 0.0% |
| Stocks | 30/36 | €13,597 | €13,597 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,356 | €18,887 | -€35,469 | -65.3% |
| Trade receivables | 40 | €46,525 | €16,825 | -€29,700 | -63.8% |
| Other amounts receivable | 41 | €7,831 | €2,062 | -€5,769 | -73.7% |
| Cash at bank and in hand | 54/58 | €5,359 | €12,579 | +€7,220 | +134.7% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €73,730 | €45,296 | -€28,433 | -38.6% |
| Equity | 10/15 | -€25,980 | -€69,700 | -€43,720 | -168.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,980 | -€82,700 | -€43,720 | -112.2% |
| Amounts payable | 17/49 | €99,710 | €114,997 | +€15,287 | +15.3% |
| Amounts payable after more than one year | 17 | €26,390 | €18,468 | -€7,922 | -30.0% |
| Financial debts | 170/4 | €26,390 | €18,468 | -€7,922 | -30.0% |
| Amounts payable within one year | 42/48 | €73,272 | €96,529 | +€23,257 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €7,566 | €7,922 | +€356 | +4.7% |
| Trade debts | 44 | €2,090 | €7,082 | +€4,992 | +238.8% |
| Suppliers | 440/4 | €2,090 | €7,082 | +€4,992 | +238.8% |
| Taxes, remuneration and social security | 45 | €4,332 | €1,000 | -€3,332 | -76.9% |
| Remuneration and social security | 454/9 | €4,332 | €1,000 | -€3,332 | -76.9% |
| Other amounts payable | 47/48 | €59,284 | €80,524 | +€21,241 | +35.8% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Remuneration, social security and pensions | 62 | €46,868 | €46,040 | -€827 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €211 | -€170 | -44.5% |
| Other operating charges | 640/8 | €921 | €400 | -€521 | -56.6% |
| Gross operating margin | 9900 | €11,849 | €4,514 | -€7,335 | -61.9% |
| Operating profit (loss) | 9901 | -€36,320 | -€42,137 | -€5,817 | -16.0% |
| Financial income | 75/76B | €11 | €6 | -€4 | -42.6% |
| Recurring financial income | 75 | €11 | €6 | -€4 | -42.6% |
| Financial charges | 65/66B | €1,548 | €1,589 | +€40 | +2.6% |
| Recurring financial charges | 65 | €1,548 | €1,589 | +€40 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,858 | -€43,720 | -€5,862 | -15.5% |
| Profit (loss) for the period | 9904 | -€37,858 | -€43,720 | -€5,862 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,858 | -€43,720 | -€5,862 | -15.5% |
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 9 October 2026 via checked.be.