INTEGRATED MATERIAL CONTROL ENGINEERING: 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.
INTEGRATED MATERIAL CONTROL ENGINEERING
Largest movements
- Receivables within one year +€134,126
up €134,126 (+300.1%), from €44,697 to €178,823
of which Trade receivables: +€135,447
- Stocks and contracts -€46,326
down €46,326 (-18.9%), from €244,822 to €198,496
of which Contracts in progress: -€41,314
- Intangible fixed assets +€24,401
up €24,401 (+36.6%), from €66,685 to €91,086
- Tangible fixed assets -€21,901
down €21,901 (-28.8%), from €76,102 to €54,202
of which Land and buildings: -€12,952
- Deferred charges and accrued income -€19,023
down €19,023 (-69.6%), from €27,326 to €8,303
- Debts after one year +€110,000
new in 2025: €110,000
- Current portion of long-term debt -€77,669
no longer reported in 2025 (was €77,669)
- Trade debts +€23,009
up €23,009 (+84.0%), from €27,407 to €50,417
- Gross operating margin +€48,023
up €48,023 (+19.2%), from €249,948 to €297,971
- Staff costs +€44,007
up €44,007 (+22.4%), from €196,184 to €240,191
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 | €497,988 | €561,973 | +€63,985 | +12.8% |
| Fixed assets | 21/28 | €142,788 | €149,289 | +€6,501 | +4.6% |
| Intangible fixed assets | 21 | €66,685 | €91,086 | +€24,401 | +36.6% |
| Tangible fixed assets | 22/27 | €76,102 | €54,202 | -€21,901 | -28.8% |
| Land and buildings | 22 | €57,725 | €44,772 | -€12,952 | -22.4% |
| Plant, machinery and equipment | 23 | €9,423 | €6,051 | -€3,372 | -35.8% |
| Furniture and vehicles | 24 | €8,954 | €3,378 | -€5,576 | -62.3% |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €355,201 | €412,684 | +€57,484 | +16.2% |
| Stocks and contracts in progress | 3 | €244,822 | €198,496 | -€46,326 | -18.9% |
| Stocks | 30/36 | €194,618 | €189,606 | -€5,012 | -2.6% |
| Contracts in progress | 37 | €50,204 | €8,890 | -€41,314 | -82.3% |
| Amounts receivable within one year | 40/41 | €44,697 | €178,823 | +€134,126 | +300.1% |
| Trade receivables | 40 | €41,441 | €176,887 | +€135,447 | +326.8% |
| Other amounts receivable | 41 | €3,257 | €1,936 | -€1,321 | -40.6% |
| Cash at bank and in hand | 54/58 | €38,355 | €27,062 | -€11,293 | -29.4% |
| Deferred charges and accrued income | 490/1 | €27,326 | €8,303 | -€19,023 | -69.6% |
| Total equity and liabilities | 10/49 | €497,988 | €561,973 | +€63,985 | +12.8% |
| Equity | 10/15 | €368,894 | €371,316 | +€2,422 | +0.7% |
| Contributions | 10/11 | €136,973 | €136,973 | = | 0.0% |
| Capital | 10 | €136,973 | €136,973 | = | 0.0% |
| Issued capital | 100 | €136,973 | €136,973 | = | 0.0% |
| Reserves | 13 | €231,921 | €234,342 | +€2,422 | +1.0% |
| Non-distributable reserves | 130/1 | €13,700 | €13,700 | = | 0.0% |
| Legal reserve | 130 | €13,700 | €13,700 | = | 0.0% |
| Distributable reserves | 133 | €218,221 | €220,642 | +€2,422 | +1.1% |
| Amounts payable | 17/49 | €129,094 | €190,657 | +€61,563 | +47.7% |
| Amounts payable after more than one year | 17 | - | €110,000 | +€110,000 | |
| Other amounts payable | 178/9 | - | €110,000 | +€110,000 | |
| Amounts payable within one year | 42/48 | €128,673 | €78,975 | -€49,698 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €77,669 | - | -€77,669 | |
| Trade debts | 44 | €27,407 | €50,417 | +€23,009 | +84.0% |
| Suppliers | 440/4 | €27,407 | €50,417 | +€23,009 | +84.0% |
| Taxes, remuneration and social security | 45 | €23,596 | €28,559 | +€4,962 | +21.0% |
| Taxes | 450/3 | €502 | €1,009 | +€507 | +101.1% |
| Remuneration and social security | 454/9 | €23,095 | €27,550 | +€4,455 | +19.3% |
| Accrued charges and deferred income | 492/3 | €421 | €1,682 | +€1,261 | +299.3% |
| Remuneration, social security and pensions | 62 | €196,184 | €240,191 | +€44,007 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,038 | €45,730 | +€1,692 | +3.8% |
| Other operating charges | 640/8 | €2,933 | €3,002 | +€69 | +2.4% |
| Gross operating margin | 9900 | €249,948 | €297,971 | +€48,023 | +19.2% |
| Operating profit (loss) | 9901 | €6,793 | €9,048 | +€2,254 | +33.2% |
| Financial income | 75/76B | €89 | €77 | -€12 | -13.4% |
| Recurring financial income | 75 | €89 | €77 | -€12 | -13.4% |
| Financial charges | 65/66B | €5,320 | €6,194 | +€873 | +16.4% |
| Recurring financial charges | 65 | €5,320 | €6,194 | +€873 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €1,561 | €2,930 | +€1,369 | +87.7% |
| Income taxes | 67/77 | €503 | €509 | +€6 | +1.2% |
| Profit (loss) for the period | 9904 | €1,059 | €2,422 | +€1,363 | +128.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,059 | €2,422 | +€1,363 | +128.8% |
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 6 October 2026 via checked.be.