IMRODE: 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.
IMRODE
Largest movements
- Cash -€280,288
down €280,288 (-97.7%), from €286,974 to €6,686
mainly Current investments (-€257,241) and Investment in fixed assets (net) (-€101,999)
- Current investments +€257,241
up €257,241 (+343%), from €75,000 to €332,241
- Tangible fixed assets +€36,028
up €36,028 (+2.3%), from €1.6m to €1.6m
- Advances received -€40,000
no longer reported in 2025 (was €40,000)
- Other debts +€36,432
up €36,432 (+3.5%), from €1.0m to €1.1m
- Depreciation -€26,871
down €26,871 (-28.9%), from €92,842 to €65,971
- Gross operating margin -€17,543
down €17,543 (-11.4%), from €153,960 to €136,417
- Taxes +€5,307
new in 2025: €5,307
- Financial charges -€5,298
down €5,298 (-8.1%), from €65,038 to €59,740
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 | €1,979,336 | €2,001,279 | +€21,943 | +1.1% |
| Fixed assets | 21/28 | €1,583,401 | €1,619,429 | +€36,028 | +2.3% |
| Tangible fixed assets | 22/27 | €1,583,401 | €1,619,429 | +€36,028 | +2.3% |
| Land and buildings | 22 | €1,583,401 | €1,619,429 | +€36,028 | +2.3% |
| Current assets | 29/58 | €395,935 | €381,850 | -€14,085 | -3.6% |
| Amounts receivable within one year | 40/41 | €33,961 | €42,923 | +€8,962 | +26.4% |
| Trade receivables | 40 | - | €980 | +€980 | |
| Other amounts receivable | 41 | €33,961 | €41,943 | +€7,982 | +23.5% |
| Current investments | 50/53 | €75,000 | €332,241 | +€257,241 | +343% |
| Cash at bank and in hand | 54/58 | €286,974 | €6,686 | -€280,288 | -97.7% |
| Total equity and liabilities | 10/49 | €1,979,336 | €2,001,279 | +€21,943 | +1.1% |
| Equity | 10/15 | €900,447 | €908,177 | +€7,730 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €880,447 | €888,177 | +€7,730 | +0.9% |
| Non-distributable reserves | 130/1 | €61,230 | €61,230 | = | 0.0% |
| Reserves not available under the articles | 1311 | €61,230 | €61,230 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €800,467 | €808,197 | +€7,730 | +1.0% |
| Amounts payable | 17/49 | €1,078,889 | €1,093,102 | +€14,213 | +1.3% |
| Amounts payable within one year | 42/48 | €1,078,889 | €1,093,102 | +€14,213 | +1.3% |
| Advances received on contracts in progress | 46 | €40,000 | - | -€40,000 | |
| Taxes, remuneration and social security | 45 | €4,448 | €22,229 | +€17,781 | +400% |
| Taxes | 450/3 | €4,448 | €22,229 | +€17,781 | +400% |
| Other amounts payable | 47/48 | €1,034,441 | €1,070,873 | +€36,432 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,842 | €65,971 | -€26,871 | -28.9% |
| Other operating charges | 640/8 | €1,112 | €2,108 | +€996 | +89.6% |
| Gross operating margin | 9900 | €153,960 | €136,417 | -€17,543 | -11.4% |
| Operating profit (loss) | 9901 | €60,006 | €68,338 | +€8,332 | +13.9% |
| Financial income | 75/76B | €5,032 | €4,439 | -€593 | -11.8% |
| Recurring financial income | 75 | €5,032 | €4,439 | -€593 | -11.8% |
| Financial charges | 65/66B | €65,038 | €59,740 | -€5,298 | -8.1% |
| Recurring financial charges | 65 | €65,038 | €59,740 | -€5,298 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €0 | €13,037 | +€13,037 | |
| Income taxes | 67/77 | - | €5,307 | +€5,307 | |
| Profit (loss) for the period | 9904 | €0 | €7,730 | +€7,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €7,730 | +€7,730 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.