INDUSTRIAL IMAGING APPLICATIONS: 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.
INDUSTRIAL IMAGING APPLICATIONS
Largest movements
- Cash +€202,592
up €202,592 (+81.6%), from €248,192 to €450,784
mainly Current investments (+€188,574) and Other debts (+€38,461)
- Current investments -€188,574
down €188,574 (-42.0%), from €448,577 to €260,003
- Tangible fixed assets -€12,863
down €12,863 (-27.1%), from €47,497 to €34,633
of which Furniture and vehicles: -€12,633
- Reserves -€41,004
down €41,004 (-17.4%), from €235,074 to €194,070
- Other debts +€38,461
up €38,461 (+10.1%), from €379,159 to €417,620
- Financial income +€37,645
up €37,645 (+1,005%), from €3,745 to €41,389
- Taxes +€9,052
up €9,052, from -€128 to €8,924
- Gross operating margin +€8,893
up €8,893, from -€3,578 to €5,314
- Financial charges +€186
up €186 (+28.1%), from €661 to €847
- Depreciation +€163
up €163 (+1.3%), from €12,700 to €12,863
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 | €757,905 | €758,764 | +€859 | +0.1% |
| Fixed assets | 21/28 | €48,477 | €35,613 | -€12,863 | -26.5% |
| Tangible fixed assets | 22/27 | €47,497 | €34,633 | -€12,863 | -27.1% |
| Furniture and vehicles | 24 | €46,804 | €34,172 | -€12,633 | -27.0% |
| Other tangible fixed assets | 26 | €692 | €462 | -€231 | -33.3% |
| Financial fixed assets | 28 | €980 | €980 | = | 0.0% |
| Current assets | 29/58 | €709,428 | €723,150 | +€13,722 | +1.9% |
| Amounts receivable within one year | 40/41 | €12,086 | €11,239 | -€847 | -7.0% |
| Trade receivables | 40 | €12,086 | €11,239 | -€847 | -7.0% |
| Current investments | 50/53 | €448,577 | €260,003 | -€188,574 | -42.0% |
| Cash at bank and in hand | 54/58 | €248,192 | €450,784 | +€202,592 | +81.6% |
| Deferred charges and accrued income | 490/1 | €574 | €1,124 | +€551 | +96.0% |
| Total equity and liabilities | 10/49 | €757,905 | €758,764 | +€859 | +0.1% |
| Equity | 10/15 | €374,538 | €333,534 | -€41,004 | -10.9% |
| Contributions | 10/11 | €14,360 | €14,360 | = | 0.0% |
| Reserves | 13 | €235,074 | €194,070 | -€41,004 | -17.4% |
| Distributable reserves | 133 | €235,074 | €194,070 | -€41,004 | -17.4% |
| Profit (loss) carried forward | 14 | €125,104 | €125,104 | = | 0.0% |
| Amounts payable | 17/49 | €383,367 | €425,230 | +€41,863 | +10.9% |
| Amounts payable within one year | 42/48 | €383,367 | €425,230 | +€41,863 | +10.9% |
| Trade debts | 44 | €1,346 | €1,457 | +€111 | +8.3% |
| Suppliers | 440/4 | €1,346 | €1,457 | +€111 | +8.3% |
| Taxes, remuneration and social security | 45 | €2,862 | €6,152 | +€3,290 | +115% |
| Taxes | 450/3 | €2,862 | €6,152 | +€3,290 | +115% |
| Other amounts payable | 47/48 | €379,159 | €417,620 | +€38,461 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,700 | €12,863 | +€163 | +1.3% |
| Other operating charges | 640/8 | €407 | €373 | -€34 | -8.3% |
| Gross operating margin | 9900 | -€3,578 | €5,314 | +€8,893 | |
| Operating profit (loss) | 9901 | -€16,686 | -€7,923 | +€8,763 | +52.5% |
| Financial income | 75/76B | €3,745 | €41,389 | +€37,645 | +1,005% |
| Recurring financial income | 75 | €3,745 | €41,389 | +€37,645 | +1,005% |
| Financial charges | 65/66B | €661 | €847 | +€186 | +28.1% |
| Recurring financial charges | 65 | €661 | €847 | +€186 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,602 | €32,620 | +€46,222 | |
| Income taxes | 67/77 | -€128 | €8,924 | +€9,052 | |
| Profit (loss) for the period | 9904 | -€13,473 | €23,696 | +€37,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,473 | €23,696 | +€37,169 |
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.