INNOVATIVE MANAGEMENT & ENGINEERING SOLUTIONS: 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.
INNOVATIVE MANAGEMENT & ENGINEERING SOLUTIONS
Largest movements
- Receivables within one year +€50,383
up €50,383 (+47.7%), from €105,669 to €156,051
of which Trade receivables: +€32,272
- Cash -€11,818
down €11,818 (-56.6%), from €20,873 to €9,055
mainly Contributions, distributions and other (-€84,496) and Receivables within one year (-€50,383)
- Tangible fixed assets -€10,372
down €10,372 (-12.4%), from €83,731 to €73,359
of which Furniture and vehicles: -€17,247
- Trade debts +€27,395
up €27,395 (+383%), from €7,159 to €34,554
- Debts after one year -€15,395
down €15,395 (-19.1%), from €80,771 to €65,376
- Other debts +€11,221
up €11,221 (+15.3%), from €73,274 to €84,496
- Tax, wage and social debts +€5,497
up €5,497 (+23.6%), from €23,341 to €28,838
- Short-term financial debts -€3,247
no longer reported in 2025 (was €3,247)
- Gross operating margin +€14,073
up €14,073 (+11.3%), from €124,695 to €138,767
- Taxes +€4,299
up €4,299 (+22.0%), from €19,532 to €23,831
- Other operating charges -€2,025
down €2,025 (-75.0%), from €2,701 to €676
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 | €213,381 | €242,192 | +€28,811 | +13.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €83,731 | €73,359 | -€10,372 | -12.4% |
| Tangible fixed assets | 22/27 | €83,731 | €73,359 | -€10,372 | -12.4% |
| Plant, machinery and equipment | 23 | €915 | €459 | -€456 | -49.9% |
| Furniture and vehicles | 24 | €63,795 | €46,548 | -€17,247 | -27.0% |
| Other tangible fixed assets | 26 | €19,022 | €26,352 | +€7,330 | +38.5% |
| Current assets | 29/58 | €129,649 | €168,833 | +€39,183 | +30.2% |
| Stocks and contracts in progress | 3 | - | €837 | +€837 | |
| Stocks | 30/36 | - | €837 | +€837 | |
| Amounts receivable within one year | 40/41 | €105,669 | €156,051 | +€50,383 | +47.7% |
| Trade receivables | 40 | €81,775 | €114,047 | +€32,272 | +39.5% |
| Other amounts receivable | 41 | €23,894 | €42,004 | +€18,110 | +75.8% |
| Cash at bank and in hand | 54/58 | €20,873 | €9,055 | -€11,818 | -56.6% |
| Deferred charges and accrued income | 490/1 | €3,108 | €2,889 | -€218 | -7.0% |
| Total equity and liabilities | 10/49 | €213,381 | €242,192 | +€28,811 | +13.5% |
| Equity | 10/15 | €5,892 | €5,892 | = | 0.0% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €4,292 | €4,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,292 | €4,292 | = | 0.0% |
| Amounts payable | 17/49 | €207,488 | €236,299 | +€28,811 | +13.9% |
| Amounts payable after more than one year | 17 | €80,771 | €65,376 | -€15,395 | -19.1% |
| Financial debts | 170/4 | €80,771 | €65,376 | -€15,395 | -19.1% |
| Amounts payable within one year | 42/48 | €126,717 | €168,230 | +€41,513 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €19,696 | €20,343 | +€647 | +3.3% |
| Financial debts | 43 | €3,247 | - | -€3,247 | |
| Credit institutions | 430/8 | €3,247 | - | -€3,247 | |
| Trade debts | 44 | €7,159 | €34,554 | +€27,395 | +383% |
| Suppliers | 440/4 | €7,159 | €34,554 | +€27,395 | +383% |
| Taxes, remuneration and social security | 45 | €23,341 | €28,838 | +€5,497 | +23.6% |
| Taxes | 450/3 | €23,341 | €28,838 | +€5,497 | +23.6% |
| Other amounts payable | 47/48 | €73,274 | €84,496 | +€11,221 | +15.3% |
| Accrued charges and deferred income | 492/3 | - | €2,693 | +€2,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,384 | €23,262 | +€878 | +3.9% |
| Other operating charges | 640/8 | €2,701 | €676 | -€2,025 | -75.0% |
| Non-recurring operating charges | 66A | €1,011 | €1,162 | +€151 | +14.9% |
| Gross operating margin | 9900 | €124,695 | €138,767 | +€14,073 | +11.3% |
| Operating profit (loss) | 9901 | €98,598 | €113,667 | +€15,069 | +15.3% |
| Financial income | 75/76B | €1,705 | €2,146 | +€441 | +25.8% |
| Recurring financial income | 75 | €1,705 | €2,146 | +€441 | +25.8% |
| Financial charges | 65/66B | €8,225 | €7,487 | -€738 | -9.0% |
| Recurring financial charges | 65 | €8,225 | €7,487 | -€738 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €92,079 | €108,326 | +€16,247 | +17.6% |
| Income taxes | 67/77 | €19,532 | €23,831 | +€4,299 | +22.0% |
| Profit (loss) for the period | 9904 | €72,547 | €84,496 | +€11,949 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,547 | €84,496 | +€11,949 | +16.5% |
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 14 October 2026 via checked.be.