IMZA CONSULTING: 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.
IMZA CONSULTING
Largest movements
- Cash +€779,338
up €779,338 (+720%), from €108,230 to €887,568
mainly Net result for the year (+€445,089) and Receivables within one year (+€368,961)
- Receivables within one year -€368,961
down €368,961 (-40.4%), from €914,154 to €545,194
of which Other amounts receivable: -€370,144
- Stocks and contracts +€115,794
up €115,794 (+14.3%), from €809,826 to €925,620
- Tangible fixed assets +€52,625
up €52,625 (+11.7%), from €450,355 to €502,980
- Reserves +€445,089
up €445,089 (+51.6%), from €861,786 to €1.3m
of which Distributable reserves: +€445,089
- Debts after one year +€175,000
up €175,000 (+19.1%), from €915,012 to €1.1m
- Short-term financial debts -€102,340
down €102,340 (-30.8%), from €332,340 to €230,000
- Tax, wage and social debts +€40,479
up €40,479 (+86.5%), from €46,813 to €87,292
- Gross operating margin +€429,473
up €429,473 (+178%), from €241,649 to €671,122
- Taxes +€112,312
up €112,312 (+240%), from €46,813 to €159,125
- Depreciation -€22,820
down €22,820 (-38.9%), from €58,669 to €35,849
- Financial charges +€17,997
up €17,997 (+165%), from €10,902 to €28,899
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 | €2,301,166 | €2,879,962 | +€578,796 | +25.2% |
| Fixed assets | 21/28 | €468,955 | €521,580 | +€52,625 | +11.2% |
| Tangible fixed assets | 22/27 | €450,355 | €502,980 | +€52,625 | +11.7% |
| Land and buildings | 22 | €450,355 | €502,980 | +€52,625 | +11.7% |
| Financial fixed assets | 28 | €18,600 | €18,600 | = | 0.0% |
| Current assets | 29/58 | €1,832,210 | €2,358,382 | +€526,172 | +28.7% |
| Stocks and contracts in progress | 3 | €809,826 | €925,620 | +€115,794 | +14.3% |
| Stocks | 30/36 | €809,826 | €925,620 | +€115,794 | +14.3% |
| Amounts receivable within one year | 40/41 | €914,154 | €545,194 | -€368,961 | -40.4% |
| Trade receivables | 40 | - | €1,184 | +€1,184 | |
| Other amounts receivable | 41 | €914,154 | €544,010 | -€370,144 | -40.5% |
| Cash at bank and in hand | 54/58 | €108,230 | €887,568 | +€779,338 | +720% |
| Total equity and liabilities | 10/49 | €2,301,166 | €2,879,962 | +€578,796 | +25.2% |
| Equity | 10/15 | €880,386 | €1,325,476 | +€445,089 | +50.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €861,786 | €1,306,876 | +€445,089 | +51.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €859,926 | €1,305,016 | +€445,089 | +51.8% |
| Amounts payable | 17/49 | €1,420,779 | €1,554,486 | +€133,707 | +9.4% |
| Amounts payable after more than one year | 17 | €915,012 | €1,090,012 | +€175,000 | +19.1% |
| Financial debts | 170/4 | €915,012 | €1,090,012 | +€175,000 | +19.1% |
| Amounts payable within one year | 42/48 | €505,767 | €464,474 | -€41,293 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 43 | €332,340 | €230,000 | -€102,340 | -30.8% |
| Credit institutions | 430/8 | €332,340 | €230,000 | -€102,340 | -30.8% |
| Trade debts | 44 | €3,087 | €8,505 | +€5,418 | +176% |
| Suppliers | 440/4 | €3,087 | €8,505 | +€5,418 | +176% |
| Taxes, remuneration and social security | 45 | €46,813 | €87,292 | +€40,479 | +86.5% |
| Taxes | 450/3 | €46,813 | €87,292 | +€40,479 | +86.5% |
| Other amounts payable | 47/48 | €98,526 | €113,676 | +€15,150 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,669 | €35,849 | -€22,820 | -38.9% |
| Other operating charges | 640/8 | €1,269 | €2,160 | +€891 | +70.2% |
| Gross operating margin | 9900 | €241,649 | €671,122 | +€429,473 | +178% |
| Operating profit (loss) | 9901 | €181,711 | €633,113 | +€451,402 | +248% |
| Financial charges | 65/66B | €10,902 | €28,899 | +€17,997 | +165% |
| Recurring financial charges | 65 | €10,902 | €28,899 | +€17,997 | +165% |
| Profit (loss) for the period before taxes | 9903 | €170,810 | €604,214 | +€433,404 | +254% |
| Income taxes | 67/77 | €46,813 | €159,125 | +€112,312 | +240% |
| Profit (loss) for the period | 9904 | €123,996 | €445,089 | +€321,093 | +259% |
| Profit (loss) for the period to be appropriated | 9905 | €123,996 | €445,089 | +€321,093 | +259% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.