INTERACTIVE MEDIA ART LABORATORY: what changed
What changed
INTERACTIVE MEDIA ART LABORATORY
NACE 90.312, Arts creation and performing arts activities
filed annual accounts (NBB)
Net result for the year
€3,071
2024 · €39,977-€36,906
Equity
€610,526
2024 · €766,642-€156,116
Cash
€19,520
2024 · €21,814-€2,295
Balance sheet total
€2.2m
2024 · €2.5m-€303,819
Largest movements
Assets
- Tangible fixed assets -€244,284
down €244,284 (-10.8%), from €2.3m to €2.0m
of which Other tangible fixed assets: -€153,837
- Receivables within one year -€52,388
down €52,388 (-22.4%), from €233,945 to €181,556
of which Trade receivables: -€52,388
Equity and liabilities
- Investment grants -€159,187
down €159,187 (-23.7%), from €672,428 to €513,242
- Accrued charges and deferred income -€111,812
down €111,812 (-59.0%), from €189,380 to €77,568
- Debts after one year -€72,000
down €72,000 (-5.4%), from €1.3m to €1.3m
- Current portion of long-term debt +€30,000
up €30,000 (+41.7%), from €72,000 to €102,000
Income statement
- Staff costs +€40,662
up €40,662 (+20.4%), from €199,469 to €240,131
- Gross operating margin +€14,319
up €14,319 (+2.7%), from €534,491 to €548,810
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€39,977
Gross operating margin
+€14,319
Staff costs
-€40,662
Depreciation
+€1,064
Other operating charges
-€476
Other operating items
-€5,840
Financial income
-€12
Financial charges
+€155
Taxes
-€5,454
Result 2025
€3,071
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€203,892
Investment
-€5,000
Financing
-€201,187
Cash 2024
€21,814
From operations (derived)
+€203,892
Net result for the year
+€3,071
Depreciation
+€258,412
Stocks and contracts
-€4,682
Receivables within one year
+€52,388
Deferred charges and accrued income
+€406
Trade debts
-€13,486
Tax, wage and social debts
+€19,596
Accrued charges and deferred income
-€111,812
Investment (derived)
-€5,000
Investment in fixed assets (net)
-€5,000
Financing
-€201,187
Debts after one year
-€72,000
Current portion of long-term debt
+€30,000
Contributions, distributions and other
-€159,187
Cash 2025
€19,520
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,535,181 | €2,231,362 | -€303,819 | -12.0% |
| Fixed assets | 21/28 | €2,271,349 | €2,017,937 | -€253,412 | -11.2% |
| Intangible fixed assets | 21 | €15,041 | €5,913 | -€9,128 | -60.7% |
| Tangible fixed assets | 22/27 | €2,256,098 | €2,011,814 | -€244,284 | -10.8% |
| Plant, machinery and equipment | 23 | €44,037 | €26,730 | -€17,307 | -39.3% |
| Furniture and vehicles | 24 | €2,606 | €1,466 | -€1,140 | -43.8% |
| Leasing and similar rights | 25 | €1,404,000 | €1,332,000 | -€72,000 | -5.1% |
| Other tangible fixed assets | 26 | €805,455 | €651,618 | -€153,837 | -19.1% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €263,832 | €213,425 | -€50,407 | -19.1% |
| Stocks and contracts in progress | 3 | €6,710 | €11,392 | +€4,682 | +69.8% |
| Stocks | 30/36 | €6,710 | €11,392 | +€4,682 | +69.8% |
| Amounts receivable within one year | 40/41 | €233,945 | €181,556 | -€52,388 | -22.4% |
| Trade receivables | 40 | €228,555 | €176,167 | -€52,388 | -22.9% |
| Other amounts receivable | 41 | €5,389 | €5,389 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,814 | €19,520 | -€2,295 | -10.5% |
| Deferred charges and accrued income | 490/1 | €1,363 | €957 | -€406 | -29.8% |
| Total equity and liabilities | 10/49 | €2,535,181 | €2,231,362 | -€303,819 | -12.0% |
| Equity | 10/15 | €766,642 | €610,526 | -€156,116 | -20.4% |
| Reserves | 13 | €94,214 | €97,284 | +€3,071 | +3.3% |
| Investment grants | 15 | €672,428 | €513,242 | -€159,187 | -23.7% |
| Provisions and deferred taxes | 16 | €35,398 | €35,398 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €35,398 | €35,398 | = | 0.0% |
| Taxes | 161 | €2,225 | €2,225 | = | 0.0% |
| Other liabilities and charges | 164/5 | €33,173 | €33,173 | = | 0.0% |
| Amounts payable | 17/49 | €1,733,141 | €1,585,438 | -€147,703 | -8.5% |
| Amounts payable after more than one year | 17 | €1,332,000 | €1,260,000 | -€72,000 | -5.4% |
| Financial debts | 170/4 | €1,332,000 | €1,260,000 | -€72,000 | -5.4% |
| Amounts payable within one year | 42/48 | €211,761 | €247,871 | +€36,109 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €72,000 | €102,000 | +€30,000 | +41.7% |
| Trade debts | 44 | €102,918 | €89,432 | -€13,486 | -13.1% |
| Suppliers | 440/4 | €102,918 | €89,432 | -€13,486 | -13.1% |
| Taxes, remuneration and social security | 45 | €36,843 | €56,439 | +€19,596 | +53.2% |
| Taxes | 450/3 | €12,525 | €25,588 | +€13,063 | +104% |
| Remuneration and social security | 454/9 | €24,318 | €30,851 | +€6,532 | +26.9% |
| Accrued charges and deferred income | 492/3 | €189,380 | €77,568 | -€111,812 | -59.0% |
| Remuneration, social security and pensions | 62 | €199,469 | €240,131 | +€40,662 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,475 | €258,412 | -€1,064 | -0.4% |
| Other operating charges | 640/8 | €19,574 | €20,050 | +€476 | +2.4% |
| Non-recurring operating charges | 66A | €946 | €6,785 | +€5,840 | +617% |
| Gross operating margin | 9900 | €534,491 | €548,810 | +€14,319 | +2.7% |
| Operating profit (loss) | 9901 | €55,027 | €23,432 | -€31,595 | -57.4% |
| Financial income | 75/76B | €13 | €1 | -€12 | -96.0% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -96.0% |
| Financial charges | 65/66B | €7,985 | €7,830 | -€155 | -1.9% |
| Recurring financial charges | 65 | €7,985 | €7,830 | -€155 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €47,054 | €15,602 | -€31,452 | -66.8% |
| Income taxes | 67/77 | €7,077 | €12,531 | +€5,454 | +77.1% |
| Profit (loss) for the period | 9904 | €39,977 | €3,071 | -€36,906 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,977 | €3,071 | -€36,906 | -92.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.