INFORMAGINATION: what changed
Two fiscal 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.
INFORMAGINATION
Largest movements
- Receivables within one year +€17,373
up €17,373 (+101.4%), from €17,136 to €34,509
of which Trade receivables: +€14,635
- Cash -€11,263
down €11,263 (-27.1%), from €41,581 to €30,318
mainly Debts after one year (-€49,077) and Contributions, distributions and other (-€31,532)
- Debts after one year -€49,077
down €49,077 (-16.4%), from €298,728 to €249,651
- Other debts +€28,508
up €28,508 (+466.7%), from €6,109 to €34,617
- Reserves +€26,087
up €26,087 (+10.0%), from €261,538 to €287,625
- Financial charges -€1,751
down €1,751 (-13.8%), from €12,692 to €10,941
- Depreciation +€1,737
up €1,737 (+5.4%), from €32,455 to €34,192
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.
Cash bridge derived
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 | €652,671 | €653,226 | +€555 | +0.1% |
| Fixed assets | 21/28 | €591,371 | €586,982 | -€4,389 | -0.7% |
| Tangible fixed assets | 22/27 | €591,371 | €586,982 | -€4,389 | -0.7% |
| Land and buildings | 22 | €566,202 | €569,211 | +€3,009 | +0.5% |
| Furniture and vehicles | 24 | €25,169 | €17,770 | -€7,399 | -29.4% |
| Current assets | 29/58 | €61,301 | €66,244 | +€4,944 | +8.1% |
| Amounts receivable within one year | 40/41 | €17,136 | €34,509 | +€17,373 | +101.4% |
| Trade receivables | 40 | €17,136 | €31,771 | +€14,635 | +85.4% |
| Other amounts receivable | 41 | - | €2,738 | +€2,738 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,581 | €30,318 | -€11,263 | -27.1% |
| Deferred charges and accrued income | 490/1 | €2,333 | €1,167 | -€1,167 | -50.0% |
| Total equity and liabilities | 10/49 | €652,671 | €653,226 | +€555 | +0.1% |
| Equity | 10/15 | €261,538 | €287,625 | +€26,087 | +10.0% |
| Reserves | 13 | €261,538 | €287,625 | +€26,087 | +10.0% |
| Distributable reserves | 133 | €261,538 | €287,625 | +€26,087 | +10.0% |
| Amounts payable | 17/49 | €391,133 | €365,601 | -€25,533 | -6.5% |
| Amounts payable after more than one year | 17 | €298,728 | €249,651 | -€49,077 | -16.4% |
| Financial debts | 170/4 | €298,728 | €249,651 | -€49,077 | -16.4% |
| Amounts payable within one year | 42/48 | €92,405 | €115,550 | +€23,144 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €47,163 | €49,077 | +€1,914 | +4.1% |
| Financial debts | 43 | €6,776 | €8,444 | +€1,669 | +24.6% |
| Credit institutions | 430/8 | €6,776 | €8,444 | +€1,669 | +24.6% |
| Trade debts | 44 | €9,725 | €5,417 | -€4,308 | -44.3% |
| Suppliers | 440/4 | €9,725 | €5,417 | -€4,308 | -44.3% |
| Taxes, remuneration and social security | 45 | €22,633 | €17,995 | -€4,638 | -20.5% |
| Taxes | 450/3 | €22,633 | €17,995 | -€4,638 | -20.5% |
| Other amounts payable | 47/48 | €6,109 | €34,617 | +€28,508 | +466.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,455 | €34,192 | +€1,737 | +5.4% |
| Other operating charges | 640/8 | €1,665 | €1,826 | +€161 | +9.6% |
| Gross operating margin | 9900 | €126,988 | €126,867 | -€120 | -0.1% |
| Operating profit (loss) | 9901 | €92,867 | €90,849 | -€2,018 | -2.2% |
| Financial income | 75/76B | €130 | €18 | -€112 | -86.3% |
| Recurring financial income | 75 | €130 | €18 | -€112 | -86.3% |
| Financial charges | 65/66B | €12,692 | €10,941 | -€1,751 | -13.8% |
| Recurring financial charges | 65 | €12,692 | €10,941 | -€1,751 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €80,304 | €79,926 | -€379 | -0.5% |
| Income taxes | 67/77 | €22,345 | €22,307 | -€39 | -0.2% |
| Profit (loss) for the period | 9904 | €57,959 | €57,619 | -€340 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,959 | €57,619 | -€340 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.