IMSIDER: 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.
IMSIDER
Largest movements
- Receivables within one year +€27,000
up €27,000 (+3.5%), from €760,638 to €787,638
- Other debts +€52,997
up €52,997 (+77.4%), from €68,451 to €121,448
- Profit (loss) carried forward -€16,513
down €16,513 (-55.9%), from €29,531 to €13,018
- Debts after one year -€16,246
down €16,246 (-53.7%), from €30,268 to €14,022
- Gross operating margin -€3,772
down €3,772 (-322.2%), from -€1,171 to -€4,942
- Other operating charges -€1,161
down €1,161 (-42.7%), from €2,717 to €1,556
- Financial charges -€588
down €588 (-25.2%), from €2,332 to €1,744
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 | €1,150,445 | €1,169,068 | +€18,624 | +1.6% |
| Fixed assets | 21/28 | €338,038 | €329,768 | -€8,271 | -2.4% |
| Tangible fixed assets | 22/27 | €204,707 | €196,437 | -€8,271 | -4.0% |
| Land and buildings | 22 | €204,707 | €196,437 | -€8,271 | -4.0% |
| Financial fixed assets | 28 | €133,331 | €133,331 | = | 0.0% |
| Current assets | 29/58 | €812,406 | €839,301 | +€26,894 | +3.3% |
| Stocks and contracts in progress | 3 | €51,256 | €51,256 | = | 0.0% |
| Stocks | 30/36 | €51,256 | €51,256 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €760,638 | €787,638 | +€27,000 | +3.5% |
| Other amounts receivable | 41 | €760,638 | €787,638 | +€27,000 | +3.5% |
| Cash at bank and in hand | 54/58 | €513 | €407 | -€106 | -20.6% |
| Total equity and liabilities | 10/49 | €1,150,445 | €1,169,068 | +€18,624 | +1.6% |
| Equity | 10/15 | €1,032,837 | €1,016,324 | -€16,513 | -1.6% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €3,306 | €3,306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,306 | €3,306 | = | 0.0% |
| Legal reserve | 130 | €3,306 | €3,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,531 | €13,018 | -€16,513 | -55.9% |
| Amounts payable | 17/49 | €117,607 | €152,744 | +€35,137 | +29.9% |
| Amounts payable after more than one year | 17 | €30,268 | €14,022 | -€16,246 | -53.7% |
| Financial debts | 170/4 | €30,268 | €14,022 | -€16,246 | -53.7% |
| Amounts payable within one year | 42/48 | €87,340 | €138,722 | +€51,382 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €15,634 | €16,246 | +€611 | +3.9% |
| Trade debts | 44 | €3,255 | €1,029 | -€2,226 | -68.4% |
| Suppliers | 440/4 | €3,255 | €1,029 | -€2,226 | -68.4% |
| Other amounts payable | 47/48 | €68,451 | €121,448 | +€52,997 | +77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,262 | €8,271 | +€8 | +0.1% |
| Other operating charges | 640/8 | €2,717 | €1,556 | -€1,161 | -42.7% |
| Gross operating margin | 9900 | -€1,171 | -€4,942 | -€3,772 | -322.2% |
| Operating profit (loss) | 9901 | -€12,150 | -€14,769 | -€2,619 | -21.6% |
| Financial charges | 65/66B | €2,332 | €1,744 | -€588 | -25.2% |
| Recurring financial charges | 65 | €2,332 | €1,744 | -€588 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,482 | -€16,513 | -€2,031 | -14.0% |
| Profit (loss) for the period | 9904 | -€14,482 | -€16,513 | -€2,031 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,482 | -€16,513 | -€2,031 | -14.0% |
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 28 September 2026 via checked.be.