Imara: what changed
Imara
Largest movements
- Receivables within one year -€20,312
down €20,312 (-40.5%), from €50,184 to €29,872
of which Trade receivables: -€25,288
- Cash +€18,516
up €18,516 (+167%), from €11,088 to €29,605
mainly Receivables within one year (+€20,312) and Net result for the year (+€16,924)
- Tax, wage and social debts -€19,947
down €19,947 (-75.8%), from €26,308 to €6,362
- Reserves +€16,924
up €16,924 (+56.5%), from €29,966 to €46,889
- Trade debts +€1,317
new in 2025: €1,317
- Gross operating margin -€15,862
down €15,862 (-37.1%), from €42,705 to €26,843
- Taxes -€4,569
down €4,569 (-40.6%), from €11,266 to €6,696
- Financial charges +€1,514
up €1,514 (+139%), from €1,088 to €2,602
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,274 | €59,568 | -€1,706 | -2.8% |
| Current assets | 29/58 | €61,274 | €59,568 | -€1,706 | -2.8% |
| Amounts receivable within one year | 40/41 | €50,184 | €29,872 | -€20,312 | -40.5% |
| Trade receivables | 40 | €49,482 | €24,194 | -€25,288 | -51.1% |
| Other amounts receivable | 41 | €703 | €5,678 | +€4,975 | +708% |
| Cash at bank and in hand | 54/58 | €11,088 | €29,605 | +€18,516 | +167% |
| Deferred charges and accrued income | 490/1 | €2 | €91 | +€90 | +5,751% |
| Total equity and liabilities | 10/49 | €61,274 | €59,568 | -€1,706 | -2.8% |
| Equity | 10/15 | €34,966 | €51,889 | +€16,924 | +48.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,966 | €46,889 | +€16,924 | +56.5% |
| Distributable reserves | 133 | €29,966 | €46,889 | +€16,924 | +56.5% |
| Amounts payable | 17/49 | €26,308 | €7,678 | -€18,630 | -70.8% |
| Amounts payable within one year | 42/48 | €26,308 | €7,678 | -€18,630 | -70.8% |
| Trade debts | 44 | - | €1,317 | +€1,317 | |
| Suppliers | 440/4 | - | €1,317 | +€1,317 | |
| Taxes, remuneration and social security | 45 | €26,308 | €6,362 | -€19,947 | -75.8% |
| Taxes | 450/3 | €26,308 | €6,362 | -€19,947 | -75.8% |
| Other operating charges | 640/8 | €387 | €718 | +€331 | +85.4% |
| Gross operating margin | 9900 | €42,705 | €26,843 | -€15,862 | -37.1% |
| Operating profit (loss) | 9901 | €42,318 | €26,125 | -€16,193 | -38.3% |
| Financial income | 75/76B | €2 | €98 | +€96 | +6,167% |
| Recurring financial income | 75 | €2 | €98 | +€96 | +6,167% |
| Financial charges | 65/66B | €1,088 | €2,602 | +€1,514 | +139% |
| Recurring financial charges | 65 | €1,088 | €2,602 | +€1,514 | +139% |
| Profit (loss) for the period before taxes | 9903 | €41,231 | €23,620 | -€17,611 | -42.7% |
| Income taxes | 67/77 | €11,266 | €6,696 | -€4,569 | -40.6% |
| Profit (loss) for the period | 9904 | €29,966 | €16,924 | -€13,042 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,966 | €16,924 | -€13,042 | -43.5% |
Next steps
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 3 November 2026 via checked.be.