Imstad: 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.
Imstad
Largest movements
- Financial fixed assets -€179,032
down €179,032 (-2.5%), from €7.2m to €7.1m
- Reserves -€106,254
down €106,254 (-3.1%), from €3.5m to €3.4m
of which Distributable reserves: -€106,254
- Financial charges +€12,303
up €12,303 (+17.5%), from €70,465 to €82,768
of which Non-recurring financial charges: +€13,088
- Other operating charges +€7,088
up €7,088 (+46.5%), from €15,231 to €22,319
- Gross operating margin -€2,395
down €2,395 (-1,028%), from -€233 to -€2,629
- Financial income +€1,461
new in 2025: €1,461
of which Financial income: +€1,461
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 | €9,076,358 | €8,958,541 | -€117,817 | -1.3% |
| Fixed assets | 21/28 | €7,235,175 | €7,056,143 | -€179,032 | -2.5% |
| Financial fixed assets | 28 | €7,235,175 | €7,056,143 | -€179,032 | -2.5% |
| Current assets | 29/58 | €1,841,183 | €1,902,398 | +€61,215 | +3.3% |
| Stocks and contracts in progress | 3 | €1,747,712 | €1,747,712 | = | 0.0% |
| Stocks | 30/36 | €1,747,712 | €1,747,712 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,225 | - | -€8,225 | |
| Trade receivables | 40 | €8,225 | - | -€8,225 | |
| Cash at bank and in hand | 54/58 | €85,245 | €154,686 | +€69,440 | +81.5% |
| Total equity and liabilities | 10/49 | €9,076,358 | €8,958,541 | -€117,817 | -1.3% |
| Equity | 10/15 | €8,207,878 | €8,101,624 | -€106,254 | -1.3% |
| Contributions | 10/11 | €4,725,000 | €4,725,000 | = | 0.0% |
| Capital | 10 | €4,725,000 | €4,725,000 | = | 0.0% |
| Issued capital | 100 | €4,725,000 | €4,725,000 | = | 0.0% |
| Reserves | 13 | €3,482,878 | €3,376,624 | -€106,254 | -3.1% |
| Non-distributable reserves | 130/1 | €472,500 | €472,500 | = | 0.0% |
| Legal reserve | 130 | €472,500 | €472,500 | = | 0.0% |
| Distributable reserves | 133 | €3,010,378 | €2,904,124 | -€106,254 | -3.5% |
| Amounts payable | 17/49 | €868,479 | €856,917 | -€11,563 | -1.3% |
| Amounts payable within one year | 42/48 | €868,479 | €856,917 | -€11,563 | -1.3% |
| Trade debts | 44 | €16,027 | €6,964 | -€9,063 | -56.5% |
| Suppliers | 440/4 | €16,027 | €6,964 | -€9,063 | -56.5% |
| Other amounts payable | 47/48 | €852,453 | €849,953 | -€2,500 | -0.3% |
| Other operating charges | 640/8 | €15,231 | €22,319 | +€7,088 | +46.5% |
| Gross operating margin | 9900 | -€233 | -€2,629 | -€2,395 | -1,028% |
| Operating profit (loss) | 9901 | -€15,464 | -€24,947 | -€9,483 | -61.3% |
| Financial income | 75/76B | - | €1,461 | +€1,461 | |
| Recurring financial income | 75 | - | €1,461 | +€1,461 | |
| Non-recurring financial income | 76B | - | €1,461 | +€1,461 | |
| Financial charges | 65/66B | €70,465 | €82,768 | +€12,303 | +17.5% |
| Recurring financial charges | 65 | €8,560 | €7,775 | -€785 | -9.2% |
| Non-recurring financial charges | 66B | €61,905 | €74,993 | +€13,088 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€85,929 | -€106,254 | -€20,325 | -23.7% |
| Profit (loss) for the period | 9904 | -€85,929 | -€106,254 | -€20,325 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,929 | -€106,254 | -€20,325 | -23.7% |
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 20 October 2026 via checked.be.