IMSCHOOT PROJECTS: what changed
IMSCHOOT PROJECTS
Largest movements
- Tangible fixed assets +€87,323
up €87,323 (+23.4%), from €372,526 to €459,849
of which Plant, machinery and equipment: +€76,594
- Cash -€41,636
down €41,636 (-79.9%), from €52,124 to €10,488
mainly Investment in fixed assets (net) (-€203,029) and Receivables within one year (-€37,149)
- Receivables within one year +€37,149
up €37,149 (+17.8%), from €208,285 to €245,434
of which Trade receivables: +€57,480
- Deferred charges and accrued income +€8,520
up €8,520, from €0 to €8,520
- Reserves +€139,306
up €139,306 (+64.4%), from €216,437 to €355,742
- Debts after one year -€32,723
down €32,723 (-17.8%), from €184,039 to €151,315
- Accrued charges and deferred income -€22,615
down €22,615 (-47.3%), from €47,761 to €25,147
- Tax, wage and social debts +€18,530
up €18,530 (+45.0%), from €41,144 to €59,674
of which Taxes: +€18,530
- Trade debts -€12,919
down €12,919 (-30.5%), from €42,364 to €29,445
- Gross operating margin +€56,794
up €56,794 (+21.6%), from €262,729 to €319,523
- Depreciation +€38,239
up €38,239 (+47.2%), from €80,952 to €119,191
- Taxes +€7,344
up €7,344 (+22.8%), from €32,144 to €39,488
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €636,420 | €724,291 | +€87,871 | +13.8% |
| Fixed assets | 21/28 | €376,011 | €459,849 | +€83,838 | +22.3% |
| Tangible fixed assets | 22/27 | €372,526 | €459,849 | +€87,323 | +23.4% |
| Plant, machinery and equipment | 23 | €145,518 | €222,112 | +€76,594 | +52.6% |
| Furniture and vehicles | 24 | €64,712 | €103,434 | +€38,723 | +59.8% |
| Leasing and similar rights | 25 | €162,297 | €116,224 | -€46,072 | -28.4% |
| Other tangible fixed assets | 26 | - | €18,078 | +€18,078 | |
| Financial fixed assets | 28 | €3,485 | €0 | -€3,485 | -100% |
| Current assets | 29/58 | €260,409 | €264,442 | +€4,033 | +1.5% |
| Amounts receivable within one year | 40/41 | €208,285 | €245,434 | +€37,149 | +17.8% |
| Trade receivables | 40 | €187,954 | €245,434 | +€57,480 | +30.6% |
| Other amounts receivable | 41 | €20,331 | €0 | -€20,331 | -100% |
| Cash at bank and in hand | 54/58 | €52,124 | €10,488 | -€41,636 | -79.9% |
| Deferred charges and accrued income | 490/1 | €0 | €8,520 | +€8,520 | |
| Total equity and liabilities | 10/49 | €636,420 | €724,291 | +€87,871 | +13.8% |
| Equity | 10/15 | €231,437 | €370,742 | +€139,306 | +60.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €216,437 | €355,742 | +€139,306 | +64.4% |
| Distributable reserves | 133 | €216,437 | €355,742 | +€139,306 | +64.4% |
| Amounts payable | 17/49 | €404,983 | €353,548 | -€51,435 | -12.7% |
| Amounts payable after more than one year | 17 | €184,039 | €151,315 | -€32,723 | -17.8% |
| Financial debts | 170/4 | €184,039 | €151,315 | -€32,723 | -17.8% |
| Amounts payable within one year | 42/48 | €173,183 | €177,086 | +€3,903 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €65,676 | €70,914 | +€5,238 | +8.0% |
| Trade debts | 44 | €42,364 | €29,445 | -€12,919 | -30.5% |
| Suppliers | 440/4 | €42,364 | €29,445 | -€12,919 | -30.5% |
| Taxes, remuneration and social security | 45 | €41,144 | €59,674 | +€18,530 | +45.0% |
| Taxes | 450/3 | €41,144 | €59,674 | +€18,530 | +45.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €24,000 | €17,054 | -€6,946 | -28.9% |
| Accrued charges and deferred income | 492/3 | €47,761 | €25,147 | -€22,615 | -47.3% |
| Remuneration, social security and pensions | 62 | €2,989 | €3,831 | +€842 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,952 | €119,191 | +€38,239 | +47.2% |
| Other operating charges | 640/8 | €1,949 | €5,014 | +€3,064 | +157% |
| Non-recurring operating charges | 66A | €581 | €1,044 | +€463 | +79.6% |
| Gross operating margin | 9900 | €262,729 | €319,523 | +€56,794 | +21.6% |
| Operating profit (loss) | 9901 | €176,257 | €190,444 | +€14,187 | +8.0% |
| Financial income | 75/76B | €191 | €216 | +€25 | +13.0% |
| Recurring financial income | 75 | €191 | €216 | +€25 | +13.0% |
| Financial charges | 65/66B | €13,017 | €11,867 | -€1,150 | -8.8% |
| Recurring financial charges | 65 | €11,517 | €11,867 | +€350 | +3.0% |
| Non-recurring financial charges | 66B | €1,500 | €0 | -€1,500 | -100% |
| Profit (loss) for the period before taxes | 9903 | €163,432 | €178,794 | +€15,362 | +9.4% |
| Income taxes | 67/77 | €32,144 | €39,488 | +€7,344 | +22.8% |
| Profit (loss) for the period | 9904 | €131,288 | €139,306 | +€8,018 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €131,288 | €139,306 | +€8,018 | +6.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.