VIMAGINE: 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.
VIMAGINE
Largest movements
- Cash -€18,386
down €18,386 (-98.8%), from €18,611 to €225
mainly Net result for the year (-€41,993) and Debts after one year (-€16,665)
- Intangible fixed assets -€13,800
down €13,800 (-16.2%), from €85,251 to €71,451
- Tangible fixed assets -€7,841
down €7,841 (-22.4%), from €34,951 to €27,110
of which Furniture and vehicles: -€6,964
- Profit (loss) carried forward -€41,993
down €41,993, from €38,298 to -€3,695
- Short-term financial debts +€41,132
new in 2025: €41,132
- Debts after one year -€16,665
down €16,665 (-67.1%), from €24,837 to €8,171
- Tax, wage and social debts -€10,364
down €10,364 (-52.4%), from €19,763 to €9,399
of which Taxes: -€12,364
- Current portion of long-term debt -€6,889
down €6,889 (-14.8%), from €46,517 to €39,629
- Other operating charges -€6,994
down €6,994 (-91.2%), from €7,669 to €675
- Depreciation +€2,172
up €2,172 (+11.2%), from €19,468 to €21,641
- Financial charges +€806
up €806 (+14.9%), from €5,414 to €6,220
- Gross operating margin -€201
down €201 (-1.5%), from -€13,056 to -€13,257
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 | €150,492 | €112,573 | -€37,918 | -25.2% |
| Fixed assets | 21/28 | €120,202 | €98,561 | -€21,641 | -18.0% |
| Intangible fixed assets | 21 | €85,251 | €71,451 | -€13,800 | -16.2% |
| Tangible fixed assets | 22/27 | €34,951 | €27,110 | -€7,841 | -22.4% |
| Land and buildings | 22 | €5,397 | €4,520 | -€877 | -16.2% |
| Furniture and vehicles | 24 | €29,554 | €22,590 | -€6,964 | -23.6% |
| Current assets | 29/58 | €30,290 | €14,013 | -€16,277 | -53.7% |
| Amounts receivable within one year | 40/41 | €11,679 | €13,040 | +€1,360 | +11.6% |
| Trade receivables | 40 | €11,679 | €13,040 | +€1,360 | +11.6% |
| Cash at bank and in hand | 54/58 | €18,611 | €225 | -€18,386 | -98.8% |
| Deferred charges and accrued income | 490/1 | - | €749 | +€749 | |
| Total equity and liabilities | 10/49 | €150,492 | €112,573 | -€37,918 | -25.2% |
| Equity | 10/15 | €42,298 | €305 | -€41,993 | -99.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,298 | -€3,695 | -€41,993 | |
| Amounts payable | 17/49 | €108,193 | €112,268 | +€4,075 | +3.8% |
| Amounts payable after more than one year | 17 | €24,837 | €8,171 | -€16,665 | -67.1% |
| Financial debts | 170/4 | €24,837 | €8,171 | -€16,665 | -67.1% |
| Amounts payable within one year | 42/48 | €83,357 | €104,097 | +€20,740 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €46,517 | €39,629 | -€6,889 | -14.8% |
| Financial debts | 43 | - | €41,132 | +€41,132 | |
| Credit institutions | 430/8 | - | €41,132 | +€41,132 | |
| Trade debts | 44 | €6,870 | €7,245 | +€374 | +5.4% |
| Suppliers | 440/4 | €6,870 | €7,245 | +€374 | +5.4% |
| Taxes, remuneration and social security | 45 | €19,763 | €9,399 | -€10,364 | -52.4% |
| Taxes | 450/3 | €19,763 | €7,399 | -€12,364 | -62.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €10,206 | €6,692 | -€3,514 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,468 | €21,641 | +€2,172 | +11.2% |
| Other operating charges | 640/8 | €7,669 | €675 | -€6,994 | -91.2% |
| Gross operating margin | 9900 | -€13,056 | -€13,257 | -€201 | -1.5% |
| Operating profit (loss) | 9901 | -€40,194 | -€35,573 | +€4,621 | +11.5% |
| Financial charges | 65/66B | €5,414 | €6,220 | +€806 | +14.9% |
| Recurring financial charges | 65 | €5,414 | €6,220 | +€806 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€45,607 | -€41,792 | +€3,815 | +8.4% |
| Income taxes | 67/77 | €326 | €200 | -€125 | -38.5% |
| Profit (loss) for the period | 9904 | -€45,933 | -€41,993 | +€3,940 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,933 | -€41,993 | +€3,940 | +8.6% |
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 11 October 2026 via checked.be.