IMNO: 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.
IMNO
Largest movements
- Receivables after one year -€55,000
down €55,000 (-58.0%), from €94,898 to €39,898
- Deferred charges and accrued income +€27,134
up €27,134 (+82.1%), from €33,067 to €60,201
- Receivables within one year +€11,277
up €11,277 (+37.3%), from €30,210 to €41,487
of which Trade receivables: +€20,193
- Cash +€10,622
up €10,622 (+23.9%), from €44,432 to €55,053
mainly Net result for the year (+€129,546) and Receivables after one year (+€55,000)
- Other debts -€12,659
down €12,659 (-19.7%), from €64,146 to €51,488
- Trade debts +€3,960
up €3,960 (+426.5%), from €929 to €4,889
- Financial income -€2,967
down €2,967 (-52.9%), from €5,613 to €2,645
- Gross operating margin +€2,930
up €2,930 (+1.7%), from €167,498 to €170,428
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 | €208,791 | €200,947 | -€7,844 | -3.8% |
| Formation expenses | 20 | €15 | - | -€15 | |
| Fixed assets | 21/28 | €6,170 | €4,308 | -€1,862 | -30.2% |
| Tangible fixed assets | 22/27 | €6,170 | €4,308 | -€1,862 | -30.2% |
| Furniture and vehicles | 24 | €6,170 | €4,308 | -€1,862 | -30.2% |
| Current assets | 29/58 | €202,606 | €196,639 | -€5,967 | -2.9% |
| Amounts receivable after more than one year | 29 | €94,898 | €39,898 | -€55,000 | -58.0% |
| Other amounts receivable | 291 | €94,898 | €39,898 | -€55,000 | -58.0% |
| Amounts receivable within one year | 40/41 | €30,210 | €41,487 | +€11,277 | +37.3% |
| Trade receivables | 40 | €20,116 | €40,309 | +€20,193 | +100.4% |
| Other amounts receivable | 41 | €10,094 | €1,177 | -€8,916 | -88.3% |
| Cash at bank and in hand | 54/58 | €44,432 | €55,053 | +€10,622 | +23.9% |
| Deferred charges and accrued income | 490/1 | €33,067 | €60,201 | +€27,134 | +82.1% |
| Total equity and liabilities | 10/49 | €208,791 | €200,947 | -€7,844 | -3.8% |
| Equity | 10/15 | €133,270 | €134,546 | +€1,277 | +1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €128,270 | €129,546 | +€1,277 | +1.0% |
| Distributable reserves | 133 | €128,270 | €129,546 | +€1,277 | +1.0% |
| Amounts payable | 17/49 | €75,522 | €66,400 | -€9,121 | -12.1% |
| Amounts payable within one year | 42/48 | €75,522 | €66,400 | -€9,121 | -12.1% |
| Financial debts | 43 | €126 | - | -€126 | |
| Credit institutions | 430/8 | €126 | - | -€126 | |
| Trade debts | 44 | €929 | €4,889 | +€3,960 | +426.5% |
| Suppliers | 440/4 | €929 | €4,889 | +€3,960 | +426.5% |
| Taxes, remuneration and social security | 45 | €10,321 | €10,024 | -€297 | -2.9% |
| Taxes | 450/3 | €10,321 | €10,024 | -€297 | -2.9% |
| Other amounts payable | 47/48 | €64,146 | €51,488 | -€12,659 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,109 | €2,942 | +€833 | +39.5% |
| Other operating charges | 640/8 | €1,885 | €1,622 | -€263 | -14.0% |
| Gross operating margin | 9900 | €167,498 | €170,428 | +€2,930 | +1.7% |
| Operating profit (loss) | 9901 | €163,504 | €165,864 | +€2,361 | +1.4% |
| Financial income | 75/76B | €5,613 | €2,645 | -€2,967 | -52.9% |
| Recurring financial income | 75 | €5,613 | €2,645 | -€2,967 | -52.9% |
| Financial charges | 65/66B | €1,121 | €141 | -€980 | -87.4% |
| Recurring financial charges | 65 | €1,121 | €141 | -€980 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €167,996 | €168,369 | +€373 | +0.2% |
| Income taxes | 67/77 | €39,726 | €38,823 | -€904 | -2.3% |
| Profit (loss) for the period | 9904 | €128,270 | €129,546 | +€1,277 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €128,270 | €129,546 | +€1,277 | +1.0% |
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 8 October 2026 via checked.be.