IMVAC PARTNERS GROUP: 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.
IMVAC PARTNERS GROUP
Largest movements
- Cash +€141,814
up €141,814 (+1,251%), from €11,333 to €153,146
mainly Net result for the year (+€115,301) and Tax, wage and social debts (+€46,138)
- Receivables within one year +€19,294
up €19,294 (+6,078%), from €317 to €19,611
of which Trade receivables: +€19,611
- Profit (loss) carried forward +€115,301
up €115,301, from -€2,770 to €112,531
- Tax, wage and social debts +€46,138
up €46,138 (+4,867%), from €948 to €47,086
- Other debts +€1,942
up €1,942 (+20.3%), from €9,563 to €11,504
- Gross operating margin +€151,368
up €151,368, from -€2,765 to €148,602
- Taxes +€33,200
new in 2025: €33,200
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 | €11,650 | €173,494 | +€161,844 | +1,389% |
| Fixed assets | 21/28 | - | €737 | +€737 | |
| Tangible fixed assets | 22/27 | - | €737 | +€737 | |
| Furniture and vehicles | 24 | - | €737 | +€737 | |
| Current assets | 29/58 | €11,650 | €172,758 | +€161,107 | +1,383% |
| Amounts receivable within one year | 40/41 | €317 | €19,611 | +€19,294 | +6,078% |
| Trade receivables | 40 | - | €19,611 | +€19,611 | |
| Other amounts receivable | 41 | €317 | - | -€317 | |
| Cash at bank and in hand | 54/58 | €11,333 | €153,146 | +€141,814 | +1,251% |
| Total equity and liabilities | 10/49 | €11,650 | €173,494 | +€161,844 | +1,389% |
| Equity | 10/15 | -€770 | €114,531 | +€115,301 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,770 | €112,531 | +€115,301 | |
| Amounts payable | 17/49 | €12,420 | €58,963 | +€46,543 | +375% |
| Amounts payable within one year | 42/48 | €12,420 | €58,963 | +€46,543 | +375% |
| Trade debts | 44 | €1,910 | €373 | -€1,536 | -80.4% |
| Suppliers | 440/4 | €1,910 | €373 | -€1,536 | -80.4% |
| Taxes, remuneration and social security | 45 | €948 | €47,086 | +€46,138 | +4,867% |
| Taxes | 450/3 | €948 | €47,086 | +€46,138 | +4,867% |
| Other amounts payable | 47/48 | €9,563 | €11,504 | +€1,942 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €184 | +€184 | |
| Gross operating margin | 9900 | -€2,765 | €148,602 | +€151,368 | |
| Operating profit (loss) | 9901 | -€2,765 | €148,418 | +€151,184 | |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | - | €83 | +€83 | |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | -€2,770 | €148,501 | +€151,271 | |
| Income taxes | 67/77 | - | €33,200 | +€33,200 | |
| Profit (loss) for the period | 9904 | -€2,770 | €115,301 | +€118,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,770 | €115,301 | +€118,071 |
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 21 October 2026 via checked.be.