IMTAX: what changed
IMTAX
Largest movements
- Cash -€5,913
down €5,913 (-16.6%), from €35,712 to €29,799
mainly Net result for the year (-€8,153) and Tax, wage and social debts (-€3,381)
- Tangible fixed assets -€5,424
down €5,424 (-30.5%), from €17,772 to €12,349
- Receivables within one year +€2,478
up €2,478 (+2,156%), from €115 to €2,593
of which Trade receivables: +€1,924
- Profit (loss) carried forward -€8,153
down €8,153 (-18.0%), from €45,245 to €37,092
- Tax, wage and social debts -€3,381
down €3,381 (-69.5%), from €4,864 to €1,483
of which Taxes: -€1,881
- Trade debts +€2,674
new in 2025: €2,674
- Gross operating margin -€15,644
down €15,644, from €14,756 to -€888
- Taxes -€1,881
no longer reported in 2025 (was €1,881)
- Other operating charges +€1,118
up €1,118 (+219%), from €510 to €1,628
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,969 | €45,109 | -€8,859 | -16.4% |
| Fixed assets | 21/28 | €17,872 | €12,449 | -€5,424 | -30.3% |
| Tangible fixed assets | 22/27 | €17,772 | €12,349 | -€5,424 | -30.5% |
| Furniture and vehicles | 24 | €17,772 | €12,349 | -€5,424 | -30.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €36,096 | €32,661 | -€3,435 | -9.5% |
| Amounts receivable within one year | 40/41 | €115 | €2,593 | +€2,478 | +2,156% |
| Trade receivables | 40 | - | €1,924 | +€1,924 | |
| Other amounts receivable | 41 | €115 | €669 | +€554 | +482% |
| Cash at bank and in hand | 54/58 | €35,712 | €29,799 | -€5,913 | -16.6% |
| Deferred charges and accrued income | 490/1 | €269 | €269 | = | 0.0% |
| Total equity and liabilities | 10/49 | €53,969 | €45,109 | -€8,859 | -16.4% |
| Equity | 10/15 | €49,105 | €40,952 | -€8,153 | -16.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,245 | €37,092 | -€8,153 | -18.0% |
| Amounts payable | 17/49 | €4,864 | €4,157 | -€707 | -14.5% |
| Amounts payable within one year | 42/48 | €4,864 | €4,157 | -€707 | -14.5% |
| Trade debts | 44 | - | €2,674 | +€2,674 | |
| Suppliers | 440/4 | - | €2,674 | +€2,674 | |
| Taxes, remuneration and social security | 45 | €4,864 | €1,483 | -€3,381 | -69.5% |
| Taxes | 450/3 | €3,364 | €1,483 | -€1,881 | -55.9% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,424 | €5,424 | = | 0.0% |
| Other operating charges | 640/8 | €510 | €1,628 | +€1,118 | +219% |
| Gross operating margin | 9900 | €14,756 | -€888 | -€15,644 | |
| Operating profit (loss) | 9901 | €8,822 | -€7,940 | -€16,762 | |
| Financial charges | 65/66B | €193 | €212 | +€19 | +10.1% |
| Recurring financial charges | 65 | €193 | €212 | +€19 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €8,629 | -€8,153 | -€16,781 | |
| Income taxes | 67/77 | €1,881 | - | -€1,881 | |
| Profit (loss) for the period | 9904 | €6,748 | -€8,153 | -€14,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,748 | -€8,153 | -€14,900 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.