VAN IMSCHOOT: 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.
VAN IMSCHOOT
Largest movements
- Cash +€42,068
up €42,068 (+40.6%), from €103,647 to €145,716
mainly Net result for the year (+€119,788) and Depreciation (+€27,380)
- Stocks and contracts +€10,894
up €10,894 (+96.5%), from €11,292 to €22,186
- Reserves +€83,788
up €83,788 (+28.1%), from €298,673 to €382,461
of which Distributable reserves: +€83,788
- Debts after one year -€25,362
down €25,362 (-11.7%), from €217,675 to €192,313
- Gross operating margin +€12,111
up €12,111 (+7.5%), from €160,802 to €172,913
- Depreciation +€2,960
up €2,960 (+12.1%), from €24,420 to €27,380
- Taxes +€2,472
up €2,472 (+12.5%), from €19,820 to €22,292
- Other operating charges -€2,181
down €2,181 (-53.5%), from €4,077 to €1,896
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 | €585,412 | €638,630 | +€53,218 | +9.1% |
| Fixed assets | 21/28 | €467,551 | €466,747 | -€805 | -0.2% |
| Tangible fixed assets | 22/27 | €467,551 | €466,747 | -€805 | -0.2% |
| Land and buildings | 22 | €427,055 | €414,411 | -€12,644 | -3.0% |
| Plant, machinery and equipment | 23 | €30,984 | €39,554 | +€8,570 | +27.7% |
| Furniture and vehicles | 24 | - | €4,351 | +€4,351 | |
| Other tangible fixed assets | 26 | €9,513 | €8,431 | -€1,081 | -11.4% |
| Current assets | 29/58 | €117,861 | €171,883 | +€54,022 | +45.8% |
| Stocks and contracts in progress | 3 | €11,292 | €22,186 | +€10,894 | +96.5% |
| Stocks | 30/36 | €11,292 | €22,186 | +€10,894 | +96.5% |
| Amounts receivable within one year | 40/41 | €112 | €352 | +€240 | +214.6% |
| Trade receivables | 40 | €112 | €254 | +€142 | +126.9% |
| Other amounts receivable | 41 | - | €98 | +€98 | |
| Cash at bank and in hand | 54/58 | €103,647 | €145,716 | +€42,068 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,809 | €3,629 | +€820 | +29.2% |
| Total equity and liabilities | 10/49 | €585,412 | €638,630 | +€53,218 | +9.1% |
| Equity | 10/15 | €314,033 | €397,821 | +€83,788 | +26.7% |
| Contributions | 10/11 | €15,360 | €15,360 | = | 0.0% |
| Reserves | 13 | €298,673 | €382,461 | +€83,788 | +28.1% |
| Tax-exempt reserves | 132 | €16,020 | €16,020 | = | 0.0% |
| Distributable reserves | 133 | €282,653 | €366,441 | +€83,788 | +29.6% |
| Amounts payable | 17/49 | €271,380 | €240,809 | -€30,571 | -11.3% |
| Amounts payable after more than one year | 17 | €217,675 | €192,313 | -€25,362 | -11.7% |
| Financial debts | 170/4 | €217,675 | €192,313 | -€25,362 | -11.7% |
| Amounts payable within one year | 42/48 | €52,908 | €47,671 | -€5,237 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €30,495 | €32,520 | +€2,025 | +6.6% |
| Trade debts | 44 | €10,037 | €3,806 | -€6,231 | -62.1% |
| Suppliers | 440/4 | €10,037 | €3,806 | -€6,231 | -62.1% |
| Taxes, remuneration and social security | 45 | €11,661 | €9,592 | -€2,069 | -17.7% |
| Taxes | 450/3 | €11,661 | €9,592 | -€2,069 | -17.7% |
| Other amounts payable | 47/48 | €715 | €1,753 | +€1,038 | +145.3% |
| Accrued charges and deferred income | 492/3 | €797 | €826 | +€29 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,420 | €27,380 | +€2,960 | +12.1% |
| Other operating charges | 640/8 | €4,077 | €1,896 | -€2,181 | -53.5% |
| Gross operating margin | 9900 | €160,802 | €172,913 | +€12,111 | +7.5% |
| Operating profit (loss) | 9901 | €132,305 | €143,636 | +€11,332 | +8.6% |
| Financial income | 75/76B | €2,225 | €2,373 | +€148 | +6.7% |
| Recurring financial income | 75 | €2,225 | €2,373 | +€148 | +6.7% |
| Financial charges | 65/66B | €4,180 | €3,930 | -€250 | -6.0% |
| Recurring financial charges | 65 | €4,180 | €3,930 | -€250 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €130,350 | €142,080 | +€11,730 | +9.0% |
| Income taxes | 67/77 | €19,820 | €22,292 | +€2,472 | +12.5% |
| Profit (loss) for the period | 9904 | €110,530 | €119,788 | +€9,258 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,530 | €119,788 | +€9,258 | +8.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.